My Application Form Status

Check the status of your application form with Angel Broking.
Arq - The Hyper Intelligent Investment Engine By Angel Broking
Board of Vinati Organics recommends final dividend
May 18,2017

Vinati Organics announced that the Board of Directors of the Company at its meeting held on 13 May 2017, inter alia, have recommended the final dividend of Rs 0.5 per equity Share (i.e. 25%) , subject to the approval of the shareholders.

Powered by Capital Market - Live News

Vinati Organics to hold AGM
May 18,2017

Vinati Organics announced that the Annual General Meeting (AGM) of the company will be held on 29 July 2017.

Powered by Capital Market - Live News

Cabinet approves construction of double line with electrification between Guntur-Guntakal in Andhra Pradesh
May 18,2017

The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has approved the construction of double line with electrification between Guntur-Guntakal in Andhra Pradesh.

The total length of the line will be 401.47 km. The anticipated cost of the Project will be Rs.3631 crore which will be funded through cost sharing of 50:50 by State Government and Ministry of Railway. The project is likely to be completed in five years.

The project fulfils the commitment given in the Andhra Pradesh Bifurcation Act regarding the increased rail connectivity to the Rayalaseema region to the Amravati, the capital of Andhra Pradesh.

There is significant amount of cross traffic moving on Guntur-Guntakal section besides the scope for further increase in additional originating and terminating traffic once the line is doubled. Besides travelling people. Industries in and around Guntur-Guntakal route will have additional transport capacity to meet their requirements.

Background:

The Guntur-Guntakal section falls in Guntur, Prakasham, Kurnool and Ananthapur districts of Andhra Pradesh. This is most accessible shortest route to Bangaluru from many important cities of Eastern and North Eastern States.

Powered by Capital Market - Live News

Cabinet approves construction of electrified doubling line between Phephana-Indara and Mau-Shahganj in Uttar Pradesh
May 18,2017

The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has approved the construction of double line with electrification between Phephana-Indara and Mau-Shahganj (excluding Indara-Mau) totaling 150 km approximately in Uttar Pradesh.

The respective length of the Phephana-Indara and Mau-Shahganj lines will be 50.53 km and 99.75 km. The estimated cost of the Project will be Rs.1028.95 crore with expected completion cost of Rs.1190.98 crore. The project is likely to be completed in next five years.

The doubling of these lines will remove the pressure over the congested North Central Railway route by providing an alternative route. Also, more number of goods/passenger trains could be run after doubling. It will lead to economic prosperity and development of the areas.

Background:

The areas served by this route are densely populated and there has been persistent unfulfilled demand of additional trains for the local and metropolitans cities. Shahganj-Mau-Phephna provides an important link between Amritsar-Moradabad-Lucknow-Mughalsarai-Patna section and Gorakhpur-Chhapra-Hajipur-Guwahati section. Thus doubling of this section will provide much needed relief toVaranasi-Mughalsarai and Makama-Barauni section which are highly congested.

Powered by Capital Market - Live News

HUL in spotlight after announcing Q4 results
May 18,2017

Hindustan Unilevers net profit rose 6.19% to Rs 1183 crore on 6.39% rise in total income to Rs 8969 crore in Q4 March 2017 over Q4 March 2016. The result was announced after market hours yesterday, 17 May 2017.

Hindustan Unilever recommended a final dividend of Rs 10 per share for the financial year ended March 2017.

Axis Bank announced that it has decided to keep the Marginal Cost of Funds based Lending Rate (MCLR) unchanged. This will be effective from 18 May 2017.

The banks MCLR for overnight loans will be 7.9%, the rate for one month will be 7.9% and for three months it will be 8.05%. The MCLR on 6-month loans will be 8.15% and for one-year loans the rate will be 8.25%, the bank said. MCLR on two-year loans will be 8.3% and for three-year loans the rate will be 8.35%. The announcement was made after market hours yesterday, 17 May 2017.

Sicagen Indias consolidated net profit jumped 120.43% to Rs 6.04 crore on 26.75% rise in total revenue to Rs 203.12 crore in Q4 March 2017 over Q4 March 2016. The result was announced after market hours yesterday, 17 May 2017.

Hindustan Coppers net profit spurted 6919% to Rs 40.71 crore on 58.4% growth in net sales to Rs 513.68 crore in Q4 March 2017 over Q4 March 2016. The result was announced after market hours yesterday, 17 May 2017.

JSW Steels consolidated net profit jumped 235% to Rs 1009 crore on 53% rise in revenue from operations to Rs 17917 crore in Q4 March 2017 over Q4 March 2016. The result was announced after market hours yesterday, 17 May 2017.

The company in its guidance said that crude steel production is estimated to rise 4.4% to 16.5 million tonnes in year ending 31 March 2018 (FY 2018) over FY 2017. Saleable steel sales is estimated to rise 4.9% to 15.5 million tonnes in FY 2018 over FY 2017.

La Opala RG said that the operations at Madhupur plant have been temporarily suspended due to unreasonable charter of demands by the workers union. The management has taken a conscious decision, after taking into consideration a long term view, to temporarily suspend the operations at our Madhupur plant. In the circumstance, the production of and dispatches from the plant will be affected.

However, to a great extent, these would be made up by the Sitarganj unit, for which necessary steps have been initiated. The decision to suspend the work has been taken to improve the present working atmosphere prevailing at the plant. While the company remains committed to well established principles of good and cordial relationship with people, but will not compromise on issues of discipline and pressure tactics.

The company believes in fair treatment and as such, will keep the dialogue going with the union representative, so as to arrive at a mutual agreement at the earliest. The announcement was made after market hours yesterday, 17 May 2017.

Powered by Capital Market - Live News

Board of Vedanta appoints directors
May 17,2017

The Board of Directors of Vedanta have approved appointment of Aman Mehta (DIN 00009364) as an Additional Director and Non-Executive Independent Director on the Board of the Company for a fixed term of 3 years effective 17 May 2017 to 16 May 2020 to hold office till the ensuing Annual General Meeting of the Company; Appointment of Priya Agarwal (DIN 05162177) as an Additional Director and Non-Executive Director, liable to retire by rotation, on the Board of the Company with effect from 17 May 2017.

Powered by Capital Market - Live News

Electrotherm (India) announces resignation of director
May 17,2017

Electrotherm (India) announced the resignation of Chaitanyapratap Sharma, Independent & Non-Executive Director with immediate effect.

Powered by Capital Market - Live News

Hindusthan National Glass & Industries announces demise of director
May 17,2017

Hindusthan National Glass & Industries announced the sad demise of the Chairman and Promoter Chandra Kumar Somany on 17 May 2017.

Powered by Capital Market - Live News

Cabinet approves construction of electrified third line between Manmad-Jalgaon in Maharashtra
May 17,2017

The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has approved the construction of electrified third line between Manmad-Jalgaon in Maharashtra.

The total length of the Manmad-Jalgaon line will be 160 km. The estimated cost of the Project will be Rs.1035.16 crore with expected completion cost of Rs.1198.92 crore. The project is likely to be completed in next five years.

Construction of third line will greatly ease the ever increasing passenger and freight traffic on Manmad-Jalgaon route thereby increasing the revenue of Railways. Jalgaon and Nashik districts of Maharashtra will be covered by this route.

Background:

Manmad-Jalgaon section caters to the traffic of Delhi-Mumbai and Kolkata-Mumbai corridors. Two double line tracks from Wardha and Itarsi, respectively, converge at Bhusawal. Work of 3rd and 4th line in Jalgaon-Bhusawal section is already under progress. Operations on the section have already reached to saturation. The third line between Manmad-Jalgaon section is imperative and inescapable.

Powered by Capital Market - Live News

ICICI Bank allots 286,000 equity shares
May 17,2017

ICICI Bank has allotted 286,000 equity shares under ESOS on 15 May 2017.

Powered by Capital Market - Live News

Board of Dr Lal Pathlabs approves allotment of shares under ESOP
May 17,2017

Dr Lal Pathlabs announced that the Board of Directors of the Company on 17 May 2017 approved allotment of 2,66,560 equity shares under the ESOP 2010 Plan of the Company.

Powered by Capital Market - Live News

Jumbo Bag commences commercial production at new unit in Thiruvallur
May 17,2017

Jumbo Bag has successfully commenced the commercial production in the new manufacturing unit at Peruvoyal Village, Thiruvallur District (Tamil Nadu) w.e.f. 17 May 2017.

Powered by Capital Market - Live News

Manali Petrochemicals appoints director
May 17,2017

Manali Petrochemicals has appointed C Subash Chandra Bose as Whole Time Director of the Company

Powered by Capital Market - Live News

Polaris Consulting & Services allots 45,080 equity shares
May 17,2017

Polaris Consulting & Services has allotted 45,080 equity shares under ASOP.

Powered by Capital Market - Live News

Outcome of board meeting of Emerald Leisures
May 17,2017

Emerald Leisures announced that the Board of Directors of the Company, at their meeting held on Wednesday 17 May 2017 have considered and approved the following matters:

(i) Took note and confirmed the appointment of Nilesh P. Kelkar as the Company Secretary & Compliance Officer of the Company with effect from 01 March 2017.

(ii) Reclassification of Authorized Share Capital of the Company, subject to an approval of the shareholders in General Meeting;

(iii) Increase the Authorized Share Capital of the Company, subject to an approval of the shareholders in General Meeting;

(iv) Approved issue of 40,00,000 warrants convertible into Non-Convertible Non-Cumulative Redeemable Preference Shares of face value Rs. 100/- each for an aggregate to Rs. 40 crore in one or more tranches on preferential basis to only promoter group, however this securities will not be listed at any Stock Exchange, subject to approval of the shareholders of the Company. The tenure is for a period not exceeding 10 years from the date of allotment and the same will be redeemed in accordance with section 55 of the Companies Act, 2013.

(v) Authorize Committee of Board of Directors to finalize Notice of General Meeting to be issued to the shareholders of the Company.

Powered by Capital Market - Live News