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National Fertilizers announces appointment of director
Jan 19,2017

National Fertilizers announced that Meenakshi Gupta, Additional Secretary & Financial Adviser, Department of Fertilizers, Ministry of Chemicals & Fertilizers, Government of India has been appointed as a Part-time Government Nominee Director on the Board of the Company w.e.f. 11 January 2017.

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GMR Infrastructure provides update on subsidiary- Delhi International Airport
Jan 19,2017

GMR Infrastructure announced that the international competitive bidding process for the selection of developer for Integrated Retail Development has been completed. This is in addition to 5.67 Lac sqm already developed as Hospitality District at Delhi Aerocity.

DIAL has issued the letter of award to design, develop, construct, finance, own, operate and maintain the Integrated Retail Development Project with FSI of 1.96 Lac sqm to Bharti Realty Holdings. The transaction involves upfront payments of Rs 315 crore (including RSD, ADC, Bid Processing Fee) and License Fee equivalent to 20% of Revenue with Minimum Guaranteed Payments.

The effectiveness of the transaction is subject to certain conditions precedents and necessary approvals.

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Zuari Globals subsidiary signs JV agreement with Polands FORTE
Jan 19,2017

Zuari Global announced that its subsidiary, Indian Furniture Products and Fabryki Meble FORTE SA, Ostrow Mazowiecka, Poland has signed a joint venture agreement on 18 January 2017 for the manufacturing and distribution of furniture for the Indian market. The joint venture company will be named Forte Furniture Products India and will start operations on 01 April 2017 by assuming the existing manufacturing facility and distribution network of India Furniture Product.

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Automobile Products of India announces resignation of company secretary & compliance officer
Jan 19,2017

Automobile Products of India announced Prashant Parekh, the Company Secretary and Compliance officer of the Company, has resigned from the services of the company w.e.f. 18 January 2017.

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BCL Enterprises announces change in compliance officer
Jan 19,2017

BCL Enterprises announced that Mahendra Kumar Sharda Managing Director of the Company has been appointed as Compliance Officer of the Company in place of Anuj Rastogi with immediate effect.

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Future Retail allots 4,67,558 equity shares
Jan 19,2017

Future Retail announced that the Nomination and Remuneration Committee (the Committee) of the Company has approved the following by way of Circular Resolution.

- Allotment of 4,67,558 Equity Shares of Rs. 2/- each to eligible employee(s) under the FRL ESOP - 2016 of the Company.

Upon allotment, the paid equity share capital of the Company stand increased from Rs. 94,26,77,114/- (Rupees Ninety Four Crore Twenty Six Lac Seventy Seven Thousand One Hundred Fourteen only) divided into 47,13,38,557 (Forty Seven Crore Thirteen Lac Thirty Eight Thousand Five Hundred Fifty Seven only) Equity Shares of Rs. 2/- (Rupees Two only) each to Rs. 94,36,12,230/- (Rupees Ninety Four Crore Thirty Six Lac Twelve Thousand Two Hundred Thirty only) divided into 47,18,06,115 (Forty Seven Crore Eighteen Lac Six Thousand One Hundred Fifteen only) Equity Shares of Rs. 2/- (Rupees Two only) each.

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Shirpur Gold Refinery shifts corporate office
Jan 19,2017

Shirpur Gold Refinery has changed corporate office address to the following with effect from 18 January 2017 -

18th floor, A Wing, Marathon Futurex, NM Joshi Marg, Lower Parel, Mumbai - 400013.

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Prabhav Industries announces change in directorate
Jan 19,2017

Prabhav Industries has appointed following named additional directors on the Board of Directors of the company w.e.f. 10 January 2017 as under :

1. Gautam Kalu Mohite
2. Pravin Luka Patil
3. Akash Samadhan Suradkar

Further the Company has informed that, company has accepted the resignation of directors and their cessation will be effective from 10 January 2017 as under:

1. Ami Jigar Motta
2. Chandrakant Shankar Gaikwad
3. Nilesh Shivram Mestry.

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Trade-Wings announces resignation of company secretary
Jan 19,2017

Trade-Wings announced that on 19 January 2017 the Company has received a letter from Siddhanth Nimbalkar, tendering his resignation from the post of Whole-time Company Secretary and Compliance officer (KMP) of the Company, with effect from 01 February 2017.

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Suryalakshmi Cotton Mills announces resignation of director
Jan 19,2017

Suryalakshmi Cotton Mills announced that H. L. Ralhan, Director and Chief Executive of Denim Division resigned from the Board of Directors.

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Orient Green Power Company and IL&FS Wind Energy evaluate potential merger of wind energy generation business
Jan 19,2017

Orient Green Power Company announced that the Board ofDirectors of the Company has approved entering into exclusive discussions with IL&FS Wind Energy to evaluate a potential merger of the Wind energy generation businesses of both entities. The resultant mergedentity will have 1.2 GW of operating wind capacity, and will be by far the largest listed renewable energy Company in India.

OGPL is in the process of demerging its Wind and Biomass entities into two separate Companies, viz: OGPL (Wind) and Bio-bijlee Green Power (Biomass) respectively. Subsequent to the demerger, OGPL willhave an operating wind capacity of 425 MW in FY 17 with an additional 43 MW under construction which will augment capacity of the combined entity in FY 18. IL&FS Wind has an operating capacity of 775 MW in FY 17. IL&FS is also developing an additional 228 MW which the merged entity will be in a strong position to acquire.

Both Companies have entered into a non-binding Agreement with an exclusivity period of 90 days. At this stage, the Companies would like to clarify that any potential outcome is subject to due diligence, definitivedocumentation and approvals by regulators, creditors, shareholders and other stake holders.

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Karnataka Bank opens branch at Ukkadagathri GP
Jan 19,2017

Karnataka Bank has opened its 740th Branch at Ukkadagathri GP on 19 January 2017.

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Procter & Gamble Hygiene and Health Care announces cessation of company secretary and compliance officer
Jan 19,2017

Procter & Gamble Hygiene and Health Care announced that Preeti Bishnoi will cease to be the Company Secretary & Compliance Officer of the Company effective from 19 January 2017.

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Allahabad Bank gets ratings assigned for proposed Additional Tier 1 Bonds aggregating Rs 1000 crore
Jan 19,2017

Allahabad Bank announced that India Ratings and Research (India Ratings) have assigned IND A : Outlook Stable rating to Banks proposed Basel-III compliant Additional Tier 1 Bonds aggregating to Rs. 1000.00 crore.

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Sat Industries hikes stake in Sah Polymers
Jan 19,2017

Sat Industries has further acquired 8,70,000 (6.12%) equity shares of Sah Polymers, taking the total shareholding of the Company to 85.60%.

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