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Board of Spenta International appoints company secretary cum compliance officer
May 05,2017

Spenta International announced that the Board of Directors at its meeting held on 05 May 2017 has appointed Prasad Chavan as a Company Secretary cum Compliance Officer with effect from 05 May 2017.

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Board of Indian Bank accords in-principle approval for issue of LT bonds
May 05,2017

Indian Bank announced that the Board of Directors of the Company in its meeting held on 05 May 2017, accorded in-principle approval for issue of Long Term Bonds for financing of Infrastructure and Affordable Housing upto an amount of Rs.5,000 crore. The Board will consider specific approval for the same at the time of actual floating of the Bonds.

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Board of ACC decides to commence evaluation of potential merger between ACC and Ambuja Cements
May 05,2017

The Board of Directors of ACC at its meeting held on 05 May 2017 has decided to commence an evaluation of a potential merger between the company and Ambuja Cements with a view to combine the strengths of both businesses so as to benefit all stakesholders.

A special Committee of Directors, of which majority are Independent Directors, has been constituted to commence the evaluation.

No decision to merge has been taken and the ACC Board will decide on a merger based on the recommendation of the Special Committee and the Audit Committee.

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MPS Infotecnics enters into MoU with QzIP Blockchain Technology
May 05,2017

MPS Infotecnics announced that the Company has entered into MOU with QzIP Blockchain Technology LLP (Qzip.in) (hereinafter referred to as QzIP), whereby QzIP will proivde the knowhow and the requisite software artictural elements for Blockchaim Technology integeration, into the MPA e-commerce platform upon a commercial basis.

Further, the company is creating a white labelled e-commerce platform which can be used by retailers for hosting their business e-commerce sites, under their respective branding. Also the company will be the first company in India which will be providing e-commerce platform based on Blockchain Technology.

The MoU is for a period of 12 months from the effective date i.e. 04 May 2017 untill & unless extended for a further period based on mutual terms.

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Board of BASF India recommends final dividend
May 05,2017

BASF India announced that the Board of Directors of the Company at its meeting held on 4 May 2017, inter alia, have recommended the final dividend of Rs 1 per equity Share (i.e. 10%) , subject to the approval of the shareholders.

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Valley Magnesite Company to hold board meeting
May 05,2017

Valley Magnesite Company will hold a meeting of the Board of Directors of the Company on 29 May 2017, to consider and approve the Audited Financial Results of the Company for the Last Quarter and Year ended 31 March 2017.

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VRL Logistics announces resignation of director
May 05,2017

VRL Logistics announces the resignation of S R Prabhu, Non-Executive Director of the Company.

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Sakuma Exports announces demise of director
May 05,2017

Sakuma Exports announced the sad demise of Chander Mohan, Executive Chairman and Director of the Company on 04 May 2017.

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Parag Milk Foods launches Slurp
May 05,2017

Parag Milk Foods has lauched Slurp with an aim to expand its footprint in the beverages category. Slurp - a pure Alphonso mango drink with a dash of milk will be available across markets of Mumbai, Delhi, Kanpur and Chennai in 200 ml tetra pack at Rs 20/.

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ICICI Bank allots 105,630 equity shares
May 05,2017

ICICI Bank has allotted 105,630 equity shares under ESOS on 05 May 2017.

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Everest Organics gets revision in credit ratings
May 05,2017

Everest Organics announced that ICRA has upgraded and assigned the long term rating from B- Stable to BB- (Pronounced as ICRA double B minus) and Short term rating is [ICRA] A4 same as previous short term rating. The outlook on the long term rating is Stable.

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Board of Shantai Industries approves bonus issue
May 05,2017

Shantai Industries announced that the Meeting of board of directors of Company was held on 05 May 2017. The outcome of the meeting is summarized as under:

1. Board of directors have recommended the issue of bonus shares in the proportion of two bonus equity shares of Rs. 10/- each for every one fully paid up equity share of Rs. 10/- each subject to approval of members at general meeting.

2. The Report of Board of Directors for year ended 31 March 2017 and notice of Annual General Meeting for the year 2017 was approved.

3. A letter of unwillingness received from statutory auditors M/s. Mohit Shah & Associates form being re-appointed at next Annual General Meeting was noted.

4. Disclosure of interest received from directors was taken on record.

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Strides Shasun intimates of successful USFDA inspection of API facility at Puducherry
May 05,2017

Strides Shasun announced that its Active Pharmaceutical Ingredients manufacturing site in Puducherry was recently inspected by USFDA and the approval was renewed with Zero 483 status.

Over the last month, three facilities were inspected by USFDA and cleared with Zero 483 status.
-API facility at Cuddalore
-Oral Dosage facility at Puducherry
-API facility at Puducherry.

The Companys flagship facility (KRSG Gardens) in Bangalore was also inspected and cleared by USFDA in June 2016 without any 483 observations.

With this, the Companys last four USFDA inspections were successfully completed without any observations.

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Board of Agro Tech Foods recommends final dividend
May 05,2017

Agro Tech Foods announced that the Board of Directors of the Company at its meeting held on 3 May 2017, inter alia, have recommended the final dividend of Rs 2 per equity Share (i.e. 20%) , subject to the approval of the shareholders.

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Agro Tech Foods to hold AGM
May 05,2017

Agro Tech Foods announced that the 30th Annual General Meeting (AGM) of the company will be held on 26 July 2017.

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