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Outcome of board meeting of Bombay Rayon Fashions
Apr 26,2017

Bombay Rayon Fashions announced that the Board of Directors of the Company at its meeting held on 25 April 2017 has approved the following -

Issuance of equity shares upto 48,26,982 of face value of Rs. 10/- each on preferential basis in accordance with Chapter VII of SEBI (ICDR) Regulation, 2009, pursuant to conversion of Working Capital term loans (WCTL) and/or Funded Interest Term Loans (FITL) by the CDR package to the lenders who may not exercise their rights within the validity period of the resolution approved by shareholders of the Company at the Extra-ordinary General Meeting held on 09 May 2016.

Issuance of equity shares upto 126,655,304 on preferential basis, in accordance with Chapter VII of SEBI (ICDR) Regulations, 2009 and other applicable provisions of the Companies Act, 2013, representing 39.89% of the expanded share capital and such number of Optionally Convertible Debentures (OCDs) of face value Rs. 1000/- each not exceeding Rs. 410 crore to the Lenders under Scheme for Sustainable Structuring of Stressed Assets (S4A scheme).

Convening of Extra-ordinary General Meeting on 20 May 2017 for approving the interalia above mentioned matters.

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HDFC Bank allots 2363400 equity shares
Apr 26,2017

HDFC Bank has allotted 2363400 equity shares to the employees of the Bank pursuant to exercise of options under its Employees Stock Options Schemes (ESOS). The paid up share capital of the Bank will accordingly increase from Rs. 5125091434 equity shares of Rs 2/- each to Rs. 5129818234 equity shares of Rs 2/- each.

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EID Parry (India) provides update on scheme of amalgamation
Apr 26,2017

EID Parry (India) announced that following NCLT sanctioning the scheme of amalgamation of the Companys subsidiary, Parrys Sugar Industries with EID Parry (India ), the Company has filed on 25 April 2017 e-form No INC 28 with the Registrar of Companies, Chennai along with the Certified True Copy of the sanction Order. As Parrys Sugar Industries has also filed the e-form No INC 28 with the Registrar of Companies, Bengaluru, the Scheme has become effective from 25 April 2017 with the appointed date of 01 April 2016.

Consequent to the Scheme becoming effective, the authorized share capital of the Company stands increased from Rs 2,62,50,00,000/- (Rupees Two Hundred and Sixty Two Crores Fifty Lakhs Only) to Rs 4,37,50,00,000/-. The increase represents the authorized share capital of the Transferor Company, Parrys Sugar Industries. This has been effected in clause v of the memorandum of association of the Company.

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Va Tech Wabag provides update on subsidiary
Apr 26,2017

Va Tech Wabag announced that VA Tech Wabag (Spain) S.L.U, Spain, the Companys wholly owned subsidiary is liquidated.

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Mahindra & Mahindra intimates of new subsidiary - Mahindra Automotive North America Inc., USA
Apr 26,2017

Mahindra & Mahindra announced that Mahindra Overseas Investment Company (Mauritius), a wholly owned subsidiary of the Company, has acquired 100% of the Equity Share Capital of Mahindra Automotive North America Inc. (MANA) in USA. In view of this, MANA has become a wholly owned subsidiary of MOICML and in turn, of the Company with effect from 25 April 2017.

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Brigade Enterprises opens QIP issue
Apr 26,2017

Brigade Enterprises announced that the Committee of Directors of the Company on 25 April 2017 has passed the following resolutions -

Authorising the opening of QIP on 25 April 2017.

Approving and adopting the preliminary placement document dated 25 April 2017 in connection with the QIP.

Approval of the floor price for the QIP.

Relevant data for QIP is 25 April 2017. Floor price is Rs 239.20 per equity share.

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Dilip Buildcon incorporates three SPV companies
Apr 26,2017

Dilip Buildcon has incorporated three separate SPV companies for the respective projects of National Highways Authority of India in a single stretch in the state of Maharashtra.

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Indian Hotels Co announces resignation of director
Apr 25,2017

Indian Hotels Co announced that Shapoor Mistry has resigned as a Director of the Company with immediate effect.

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HCL Technologies allots 39,240 equity shares
Apr 25,2017

HCL Technologies has allotted 39,240 Equity Shares of Rs.2/- each, bearing distinctive No(s). 1,42,69,05,345 to 1,42,69,44,584 under the 2004 Stock Option Plan of the Company on 25 April 2017. Consequent to the said allotment, the paid-up share capital of the Company has gone up to 1,42,69,44,584 equity shares of Rs.2/- each aggregating to Rs. 2,85,38,89,168 /-.

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Rajkumar Forge gets ratings assigned for bank facilities
Apr 25,2017

Rajkumar Forge has been assigned the following ratings to the Companys bank facilities by India Ratings and Research -

Fund based working capital facilities (Rs 5 crore) - IND A-(SO)/ Stable
Post Shipment demand loan (Rs 5 crore) - IND A-(SO)/ Stable
Non fund based working capital facilities (Rs 2.75 crore) - IND A2+(SO)
Term loan (Rs 2.25 crore) - IND A-(SO)/ Stable

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USG Tech Solutions announces resignation of CFO
Apr 25,2017

USG Tech Solutions announced the resignation of Geeta as CFO with effect from 25 April 2017.

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Persistent Systems and Partners HealthCare enter into strategic collaboration
Apr 25,2017

Persistent Systems and Partners HealthCare, founded by Brigham and Womens Hospital and Massachusetts General Hospital, announced a strategic collaboration to develop a new industry-wide open source platform with the goal of bringing digital transformation to clinical care.

Persistent will help the digital transformation of clinical cares at Partners and together with Partners, develop an open source platform to lower the barriers for knowledge exchanges across healthcare providers and enable new generation of decision support apps in the clinical environment.

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Sylph Education Solutions CFO resigns
Apr 25,2017

Sylph Education Solutions announced that in the board meeting held on 16 September 2016, the Board of Directors of the Company has accepted the resignation of Anjali Batreja from the post of Chief Financial Officer of the company with effect from 16 September 2016.

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Transpek Industry gets ratings upgrade for FD programme
Apr 25,2017

Transpek Industry has upgraded the rating from CRISIL on the Rs 22.62 crore Fixed Deposit Programme to FA/ Stable from FA-/Stable.

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Shares of Mavi Industries get delisted from NSE
Apr 25,2017

Mavi Industries announced that the shares of the Company will be delisted from National Stock Exchange with effect from 02 May 2017.

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