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Vaibhav Global allots 7741 equity shares
Jan 20,2017

Vaibhav Global has allotted 7,741 Equity Shares of Rs. 10 each on 20 January 2017 to Vaibhav Global Employee Stock Option Welfare Trust under VGL Employee Stock Option Plan (As Amended)-2006.

Consequent to the said allotment, the paid up Equity Share Capital of the Company has increased to Rs. 32,54,38,260 consisting of 3,25,43,826 Equity Shares of Rs. 10 each.

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IDBI Bank raises Rs 1000 crore
Jan 20,2017

IDBI Bank has raised Rs 1000 crore on 20 January 2017 through issue of Basel III Compliant Additional Tier I bonds on private placement basis to strengthen the Banks capital adequacy.

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State Bank of India allots equity shares to GoI against infusion of Rs 5680.99 crore
Jan 20,2017

State Bank of India announced that the Committee of Directors for Capital Raising considered and accorded approval on 20 January 2017 by circulation to allot 21,07,27,400 equity shares, ranking pari-passu with the existing equity shares of the Bank in all respects, including payment of dividend, if any, on preferential basis to Government of India, at an issue price of Rs.269.59 (Rupees two hundred sixty nine and paise fifty nine only) per share of face value of Rupee.1/- each, including a premium of Rs.268.59 (Rupees two hundred sixty eight and paise fifty nine only) per share for a consideration of Rs. 5680,99,99,766.00 (Rupees Five thousand six hundred eighty crore ninety nine lac ninety nine thousand seven hundred sixty six only).

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Brooks Laboratories receives ratings for bank facilities
Jan 20,2017

Brooks Laboratories has received credit rating by CARE Ratings for Long Term and Short Term Bank facilities as under -

Long term bank facilities - CARE BBB (Stable)

Short term bank facilities - CARE A3+

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Indraprastha Gas announces change in directorate
Jan 20,2017

Indraprastha Gas announced that the Board of Directors of the Company has passed the following resolutions:

1. Cessation of M. Ravindran as a Director w.e.f. 14 January 2017.

2. Appointment of Manoj Jain as an Additional Director w.e.f. 18 January 2017.

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Aarvee Denims & Exports receives insurance claim of Rs 6.29 crore
Jan 20,2017

Aarvee Denims & Exports announced that Oriental Insurance Company has settled the claim and paid Rs. 6.29 crore on 20 January 2017 in full and final settlement against fire incident that happened on 01 March 2015 at Companys Vijay Farm Unit.

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Bajaj Finance allots NCDs aggregating Rs 90 crore
Jan 20,2017

Bajaj Finance has allotted 900 secured redeemable non convertible debentures aggregating Rs 90 crore on 20 January 2017 on private placement basis.

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Shriram Transport Finance Company issues Senior Secured Notes (Rupee Denominated Bonds) aggregating Rs 175 crore
Jan 20,2017

Shriram Transport Finance Company announced that the Company has issued on 20 January 2017 the Senior Secured Notes due 2020 payable in U.S. Dollars with coupon of 8.25% p.a. amounting to Rs. 1,750,000,000 (the Rupee Denominated Bonds) offshore to The Hongkong and Shanghai Banking Corporation, Hongkong. The required details in respect of the Rupee Denominated Bonds are enclosed in Annexure - I.

This Rupee Denominated Bonds have been consolidated and form a single series with the Rs 4,750,000,000 8.25 percent Secured Notes due 2020 Payable in U.S. Dollars issued on 18 January 2017.

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Dilip Buildcon secures project valued at Rs 1673.58 crore
Jan 20,2017

Dilip Buildcon has received letter of award from Northern Coalfields (M.P) for the work of evacuation of overburden of first dig (solid) and rehandling by mechanical means at specified places at Nigahi OCP of NCL at a project cost of Rs 1673.58 crore having weighted average lead of 5.68 (km) and estimated quantity of 132460000 BCM.

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Sam Leaseco director resigns
Jan 20,2017

Sam Leaseco announced that Yogesh Gupta, has resigned from the office of the Director of the Company with effect from 20 January 2017.

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Board of Akme Star Housing Finance approves bonus issue of 1:1
Jan 20,2017

Akme Star Housing Finance announced that the Board of Directors of the Company at its meeting held on 20 January 2017 subject to the approval of the shareholders in EGM, has considered the following:

- Issuance of Bonus Equity Shares

The Board has approved and recommended to the shareholders to approve issuance of Bonus Shares by capitalizing the Securities Premium Account, to the extent that the holder of 1 Equity Share of the Company shall be entitled to 1 Bonus Equity Share (i.e. in the ratio of 1:1).

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Cholamandalam Investment & Finance Company to consider interim dividend for FY 2017
Jan 20,2017

Cholamandalam Investment & Finance Company announced that the Board at the meeting scheduled on 25 January 2017 will be inter-alia considering payment of an interim dividend for the financial year ending 31 March 2017 on the outstanding equity shares of the Company.

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Indian Oil Corporation to consider declaration of interim dividend
Jan 20,2017

Indian Oil Corporation announced that Board of the Company may consider declaration of Interim Dividend for the financial year 2016-17 in its Board Meeting scheduled on 31 January 2017.

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Board of Indiabulls Housing Finance declares interim dividend
Jan 20,2017

Indiabulls Housing Finance announced that the Board of Directors of the Company at its meeting held on 20 January 2017, has declared an Interim Dividend of INR 9/- per equity share (on the face value of INR 2 per share) for the financial year 2016-2017. The dividend will be paid on or before 18 February 2017.

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Board of Rane Brake Lining declares interim dividend
Jan 20,2017

Rane Brake Lining announced that the Board of Directors of the Company at its meeting held on 20 January 2017, inter alia, declared an interim dividend of Rs. 6/- per equity share on the paid-up capital of 79,14,980 equity shares of Rs. 10/- each.

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