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Insilco temporarily shuts down plant
Dec 19,2016

Insilco announced that the Companys Plant will remain shut down from 19 December 2016 to 02 January 2017 due to high inventory and low sales volume.

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MMTC announces cessation of director
Dec 19,2016

MMTC announced that M.G. Gupta, who was appointed as Director (Finance) vide Deptt. of Commerce Order dated 09 December 2011 for a period of 5 years, ceased to hold office w.e.f. 09 December 2016.

Further in pursuance of Department of Commerce, Ministry of Commerce & Industry Office Order dated 17 November 2016, the charge of Director (Finance) has been vested with the CMD in addition to his existing charge, for a period upto 06 February 2017 or till such time the post is filled up on regular basis or until further orders, whichever event take place earlier.

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Salzer Electronics secures new order
Dec 19,2016

Salzer Electronics has secured a Letter of Intent worth Rs 18.70 crore from Energy Efficiency Services, a joint venture company of PSUs of Ministry of Power, Government of India for designing, manufacturing, supplying, installing, commissioning, testing and maintaining of lighting controls for installed LED streetlights in the Urban Local Bodies - Varanasi (Uttar Pradesh), Jalna (Maharashtra) and Jharkhand.

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Ramco Systems partners with UAE based Horizon Hospitality Holdings
Dec 19,2016

Ramco Systems announced that Horizon Hospitality Holdings, UAE based food service operator, will implement Ramco Systems HCM offering integrated with Global Payroll, to streamline its regional HR and payroll functions.

Dubai-headquartered Horizon, which runs five F&B and entertainment brands in the UAE, will replace its legacy HR software with Ramcos complete HR suite covering Core HR, Recruitment, Talent Management,Payroll and Time & Attendance. The integrated suite with web-based Time & Attendance will enable Horizon gain real-time visibility of staff across its 40+ outlets enabling better manpower planning and movement. Employees will now be empowered to carry out self-service transactions from anywhere using Ramco Mobile apps.

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Religare Enterprises completes acquisition of balance stake in Religare Arts Initiatives
Dec 19,2016

Religare Enterprises announced that it has closed the transaction of acquiring the remaining 24.82% stake in Religare Arts Initiative (RAIL) from minority shareholders of RAIL.

Consequently, RAIL is wholly owned subsidiary of the Company.

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BLS International Services announces resignation of CFO
Dec 19,2016

BLS International Services announced that Dheeraj Sharma, CFO of the Company has resigned from the post of Chief Financial Officer on 16 December 2016.

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Modi Naturals to hold EGM
Dec 19,2016

Modi Naturals announced that the Extra Ordinary General Meeting (EGM) of the Company will be held on 09 January 2017.

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Board of Cybermate Infotek to consider reduction of capital
Dec 19,2016

Cybermate Infotek announced that a meeting of the Board of Directors of the Company will be held on 20 December 2016, inter alia, to consider the following;

1. Take on record the order of the Honorable High Court of Andhra Pradesh and Telangana with regard to Capital Reduction.

2. Fix the record date for the Capital Reduction.

3. Consider appointment of a head of operations.

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Lactose (India) to consider conversion of warrants
Dec 19,2016

Lactose (India) announced that the Meeting of Board of Directors of the Company is scheduled to be held on 21 December 2016, inter alia, to transact the following business:

- To allot last and final tranche of equity shares of (420000) on Conversion of Convertible warrants into (420000) Equity Shares of Rs. 10/- each issued on Preferential Basis.

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Shareholders of Advance Syntex approve bonus issue
Dec 19,2016

Advance Syntex announced that the shareholders of the Company at its EGM on 16 December 2016 passed the following resolution -

Increase in Authorised Share Capital from Rs 8 crore to Rs 9.25 crore.

Approval for bonus issue of shares in the ration of 3:20

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Yes Bank partners with Ola
Dec 19,2016

Yes Bank has partnered with Ola to provide Cash-on-Demand at Customers doorstep. Customers will be able to use the Ola App to book a cab and opt for Cash at their Doorstep which will be enabled using PoS Machines powered by Yes Bank.

The service will be available across 10 cities including - Mumbai, Delhi, Bangalore, Chennai, Pune, Kolkata, Chandigarh, Ahmedabad, Hyderabad and Jaipur.

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Shares of Laurus Labs get listed
Dec 19,2016

The equity shares of Laurus Labs (Scrip Code: 540222) are listed effective 19 December 2016 and admitted to dealings on the Exchange in the list of B Group Securities

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Shares of Shashank Traders get listed
Dec 19,2016

The equity shares of Shashank Traders (Scrip Code: 540221) are listed effective 19 December 2016 and admitted to dealings on the Exchange in the list of XT Group Securities

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IRB Infrastructure Developers provides update on subsidiary - IRB Goa Tollway
Dec 19,2016

IRB Infrastructure Developers announced that pursuant to the measures approved by the Cabinet Committee on Economic Affairs (CCEA) for revival of the construction sector directing government agencies to pay 75% of the arbitral award amount against Bank Guarantee where government agencies have challenged the arbitral award; IRB Goa Tollway - Wholly owned subsidiary of the Company (IRBGT) has received from NHAI Rs. 241.89 crore against the Bank Guarantee submitted by IRBGT as 75% of the Arbitral Award amount pronounced by the Arbitral Tribunal.

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Board of Pesticides & Brewers to consider filing of revocation application with stock exchange
Dec 17,2016

Pesticides & Brewers announced that a meeting of the Board of Directors of the Company will be held on 22 December 2016, inter alia, to consider the following;

1. To file Revocation application with stock exchange.

2. To appoint authorized signatory to execute all the relevant documents in respect of Revocation of the Company.

3. To appoint M/s. SARK & Associates to co-ordinate with relevant authorities in matter of Revocation of the Company.

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