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Camphor & Allied Products to hold EGM
Mar 10,2017

Camphor & Allied Products announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 10 April 2017 .

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Kirloskar Industries provides update on subsidiary - Kirloskar Ferrous Industries (KFIL)
Mar 10,2017

Kirloskar Industries announced that the Board of Directors of its subsidiary, Kirloskar Ferrous Industries (KFIL), at a meeting held on 28 July 2016 had granted its in-principle approval for acquisition of movable and immovable assets relating to the pig iron plant of VSL Steels (the Seller) for a cash consideration of Rs. 155 crore (the Proposed Transaction).

The same was intimated by KFIL vide its letter dated 28 July 2016,(Ref.No.2190/16). However, on account of certain ongoing disputes between the Seller and one of its related parties, the Proposed Transaction has not been completed till date. Consequently, in view of the unaccounted delays caused by the pending disputes, the Board of Directors of KFIL at its meeting held on 09 March 2017, has resolved to not proceed with the Proposed Transaction.

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Shoppers Stop provides operations update
Mar 10,2017

Shoppers Stop announced that Shoppers Stop store at Rajouri Garden, New Delhi is being relocated in the same vicinity, within a period of next 4 months.

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Tata Coffee announces cessation of director
Mar 10,2017

Tata Coffee announced that Prof. Arun Monappa, Independent Director has retired as Director of the Company with effect from 09 March 2017.

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Orbit Corporation to hold board meeting
Mar 10,2017

Orbit Corporation will hold a meeting of the Board of Directors of the Company on 14 March 2017, for shifting of registered office of the Company within the local limit of City, town or village.

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Sharda Cropchem to hold board meeting
Mar 10,2017

Sharda Cropchem will hold a meeting of the Board of Directors of the Company on 21 March 2017, to consider and declare second interim dividend for the Financial Year 2016-17

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V2 Retail opens store in Lanka Varanasi, Uttar Pradesh
Mar 10,2017

V2 Retail has opened an operational retail store in Lanka Varanasi, Uttar Pradesh. With this, there are currently 37 retail stores in operations.

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ITC allots 22,46,660 Ordinary Shares
Mar 10,2017

ITC has issued and allotted 22,46,660 Ordinary Shares of Re. 1/- each, upon exercise of 2,24,666 Options by Optionees under the Companys Employee Stock Option Schemes. Consequently, with effect from 9 March, 2017, the Issued and Subscribed Share Capital of the Company stands increased to Rs. 1214,00,12,611/- divided into 1214,00,12,611 Ordinary Shares of Re. 1/- each

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Board of Megri Soft decides to invest in Basel Investments
Mar 10,2017

Megri Soft announced that the Board of Directors of the Company in their meeting held on 09 March 2017 has decided to acquire/invest Rs. 26,30,000/- (accounting to 13.15%) in the Equity Shares of the Basel Investments.

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India Home Loans signs MoU with Surat Urban Development Authority
Mar 10,2017

India Home Loans has entered into Memorandum of Understanding with Surat Urban Development Authority for facilitating housing loans to borrowers under Economically weaker sections for buying houses/flats under the scheme of Mukhyamantri Gruh Yojna at various location in city of Surat.

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Dilip Buildcon receives completion certificate for Jabalpur-Patan-Shahpura road project
Mar 10,2017

Dilip Buildcon announced that the Company has received the Completion Certificate and declared fit for entry into operation w.e.f. 08 February, 2017, for the project of Jabalpur-Patan-Shahpura (SH-15 & SH-22A) Road, Total Length 38.842 Kms in the state of Madhya Pradesh on Engineering, Procurement and Construction (EPC) basis and the project cost is 90.00 crore.

Further, the Company has successfully completed the said project 190 days prior to the scheduled completion date and in lieu of the earlier completion of the Project, the Company is entitled to receive the maximum Bonus amount Rs. 2.70 crore from the Madhya Pradesh Road Development Corporation.

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City Union Bank opens new branch
Mar 09,2017

City Union Bank has opened its 543rd branch at Agaramthen in Kancheepuram District.

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ICICI Bank decides to raise funds by issuance of AT-1 Bonds
Mar 09,2017

ICICI Bank announced that the Committee of Executive Directors of the Bank at its meeting held on 09 March 2017 has approved the proposal for fund raising by way of issuance of Basel III compliant unsecured subordinated perpetual Additional Tier 1 Bonds in single/multiple tranches in any currency through public/private placement on terms as may be decided at the time of issuance

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IL&FS Investment Managers provides update on subsidiaries
Mar 09,2017

IL&FS Investment Managers announced that the Boards of IIML Advisor LLC (merging entity) and IL&FS Investment Advisors LLC (surviving entity), both wholly owned subsidiaries of IL&FS Investment Managers have approved a scheme of arrangement and amalgamation by which IIML Advisors LLC will merge into IL&FS Investment Advisors LLC. The scheme is subject to the approval of the Supreme Court of Mauritius and if approved will be effective after the Court Order is filed with the Register of Companies.

These companies have requested the Company being their sole shareholders to provide its consent for the scheme of arrangement and amalgamation. The Company has granted its no objection for the proposal.

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Mahindra CIE Automotive allots 25,500 equity shares
Mar 09,2017

Mahindra CIE Automotive announced that the Allotment Committee of Board of Directors of the Company vide its resolution passed on 9 March, 2017 issued and allotted 25,500 Equity Shares of face value of Rs. 10/- pursuant to exercise of options by the eligible employees under the Companys Employees Stock Option Scheme, 2007. Consequent to the allotment the paid up capital of the Company is increased from Rs. 3,780,882,650/- to Rs. 3,781,137,650/-.

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