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Tech Mahindra allots equity shares
Dec 05,2016

Tech Mahindra announced about the resolution passed by the Securities Allotment Committee of the Board of Directors of the Company on 05 December 2016 for issue and allotment of a total of 43872 equity shares of Rs. 5/- each of the Company to the applicants, under various ESOP schemes.

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KMF Builders & Developers director resigns
Dec 05,2016

KMF Builders & Developers Ltd has informed BSE that Ravinder Kumar Sharma, Non-Executive Independent Director of the Company, has resigned from the Board of Directors of the Company with effect from 01 December 2016.

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Central Bank of India allots equity shares to LIC
Dec 05,2016

Central Bank of India announced that Capital Raising Committee of the Board of Directors of the Bank at its meeting held on 05 December 2016 has allotted 1,71,44,954 equity shares of the face value of Rs. 10/- each to Life Insurance Corporation of India (LIC) at the issue price of Rs. 91.45 per equity share aggregating to Rs. 156,79,06,043.30 (Rupees One Hundred Fifty Six Crore Seventy Nine Lakh Six Thousand Forty Three and Paisa Thirty Only) subsequent to passing of the Special Resolution by shareholders at Extra-ordinary General Meeting held on 29 November 2016 and the approval of Government of India vide letter dated 01 December 2016.

With this allotment, shareholding of LIC has gone up from 13.05% to 13.83%. Consequently, shareholding of President of India (Government of India) has reduced to 81.28% from 82.02%.

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Canara Bank to dilute its stake in Canbank Factors & Can Fin Homes
Dec 05,2016

Canara Bank announced that that the Sub-Committee of the Board of the Bank, vide orders dated 02 December 2016, permitted the Bank to float an RFP for empanelling the Investment / Merchant Bankers for diluting the Banks stake of 70% in Canbank Factors (Unlisted Company) and of 13.45% in Can Fin Homes (Listed Company).

Accordingly, the Bank is taking steps to float an RFP for empanelling the Investment / Merchant Bankers for the subject purpose.

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Tata Power Companys Strategic Engineering Division secures order worth over Rs 200 cr
Dec 05,2016

Tata Power Companys Strategic Engineering Division has received an order from Ministry of Defence, Government of India, for supply of one regiment of Command Post and Launcher of Pinaka Multi Rocket Launcher System to Indian Army. The order worth over Rs 200 crore includes supply of 20 launchers and 8 command posts.

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Wipro grants stock options
Dec 05,2016

Wipro has granted 44,38,000 (forty four lakhs and thirty eight thousand) Restricted Stock Units (RSUs) including ADS RSUs under Companys Restricted Stock Unit Plan 2007 and ADS Restricted Stock Unit Plan 2004 to its identified employees. This grant is effective from 01 December 2016.These shall vest as per the vesting schedule approved by the Board Governance, Nomination and Compensation Committee of the Board and can be exercised over the exercise period as approved by the Committee.

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Goa Carbon temporarily shuts down Bilaspur unit
Dec 05,2016

Goa Carbon announced that the operations at the Companys Bilaspur Plant located at 34-40, Sector B, Sirgitti Industrial Area, Bilaspur (Chattisgarh) has been temporarily shut down from Saturday, 03 December 2016.

There would not be any financial impact due to the temporary shutdown of the Companys Bilaspur Unit as there is sufficient inventory to service the orders in hand.

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Oracle Financial Services Software provides business update
Dec 05,2016

Oracle Financial Services Software announced that due to significant devaluation of Egyptian Pound post the recent liberalization of the exchange rates by the Egypt Government, the Company is estimating a charge of Rs 60 crore on its receivables from customers in Egypt during the current quarter.

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Board of Bhartiya International appoints director
Dec 05,2016

Bhartiya International announced that the Board of Directors have, vide circular resolution dated 05 December 2016, appointed Sanjay Baweja as an Additional Director (Non-executive, Independent) with effect from 05 December 2016, to hold office upto the date of the ensuing Annual General Meeting of the Company.

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Board of Kings Infra Ventures to consider conversion of warrants and review business
Dec 05,2016

Kings Infra Ventures announced that a meeting of the Board of Directors of the Company will be held on 10 December 2016, inter alia, to consider the following business as under:

1. Review of Action Taken Report.

2. Review of Business Operations & Prospects of the Company.

3. Allotment of equity shares pursuant to conversion of convertible warrants issued on preferential basis.

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Board of Scan Steels to announces Q2 and HY results
Dec 05,2016

Scan Steels announced that the meeting of the Board of Directors of the Company will be held on 14 December 2016, inter alia, to consider, approve and taken on record the Un-audited financial results of the Company for the Second Quarter and Half Year ended on 30 September 2016.

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National Aluminium Company to consider Q2 results
Dec 05,2016

National Aluminium Company announced that the Meeting of Board of Directors of the Company is scheduled to be held on 14 December 2016 to consider inter-alia the unaudited financial results for the second quarter and half year ended 30 September 2016 (Q2).

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Outcome of board meeting of Pil Italica Lifestyle
Dec 05,2016

Pil Italica Lifestyle announced that the Board of Directors of the Company in their meeting held on 05 December 2016, interalia, has approved the Offer Letter for issue of 2,50,00,000 Warrants on preferential basis to Promoters and Non Promoters.

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Board of Amsons Apparels to consider migration to main board of BSE
Dec 05,2016

Amsons Apparels announced that the Next Board Meeting of the Company is scheduled to be held on 08 December 2016, inter alia, to consider and approve the following:

- Migration of the Company from SME Plateform of BSE to Main Board of BSE in terms of Chapter XB of SEBI (ICDR) Regulations, 2009.

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Board of Siemens approves sale and transfer of SLWP Business
Dec 05,2016

Siemens announced that the Board of Directors of the Company at its meeting held on 05 December 2016 has approved the sale and transfer of the Companys business of engineering, design and development services for global wind power business (hereinafter referred to as SLWP Business) to a subsidiary (to be incorporated) of Siemens Wind HoldCo Sociedad Limitada (SA), Spain, which in turn is a subsidiary of Siemens AG, Germany (SAG), as going concern on a slump sale basis with effect from 01 January 2017 for a cash consideration of Rs 7.5 crore. The said transaction is subject to requisite approvals from statutory and regulatory approvals.

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