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Mindtree plans buyback of equity shares
Jun 22,2017

Mindtree proposes to buyback equity shares of the Company. The Board will consider the proposal on 28 June 2017.

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Motherson Sumi Systems provides update on subsidiary
Jun 22,2017

Motherson Sumi Systems announced that its subsidiary Samvardhana Motherson Automotive Systems Group B.V., Netherlands has made the following announcement :

Samvardhana Motherson Automotive Systems Group B.V., a leading European tier 1 supplier to the automotive industry rated BB+ POSITIVE by S&P and Fitch, has mandated various banks to arrange a series of fixed income investor meetings in Europe, commencing on 26 June 2017. A seven year EUR denominated 144A/Reg S senior secured bond for an expected size of EUR 300 million and rated BB+(EXP) by S&P and BBB-(EXP) by Fitch may follow, subject to market conditions. Relevant stabilization regulations including FCA/ICMA will be applicable.

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Lupin launches Desoximetasone Cream in United States
Jun 22,2017

Lupin announced the launch of its Desoximetasone Cream USP, 0.05% and Desoximetasone Cream USP, 0.25% having received an approval from the USFDA earlier.

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JSL Industries intimates of fire accident at its factory in Anand, Gujarat
Jun 22,2017

JSL Industries announced that a fire has erupted in the manufacturing area of Instrument Transformers inside the Factory Premises of the Company at Village - Mogar, T&D Anand, Pin - 388340, Gujarat in the morning hours of 22 June 2017. Immediately, fire brigades were pressed into service to control the fire which was brought under control within an hour. As a result of above natural calamity, part of Instrument Transformer manufacturing facility has been affected and actual assessment of loss is under progress. However, loss / damage were fully covered by insurance and necessary insurance claim is being initiated.

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Loyal Equipments secures new orders worth Rs 2.01 crore
Jun 22,2017

Loyal Equipments has received orders of Rs. 55.44 lakh from Indian Oil Corporation, Digboi Refinery for supply of air cooled heat exchanger tube bundleassembly and and worth Rs. 1.46 crore lakh from Reliance Industries, for supply of tube bundle for its Jamnagar Plant.

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Vistar Amar announces change in website
Jun 22,2017

Vistar Amar announced that website of the Company has changed from www.shubhraleasing.com to www.vistaramar.com.

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CMI wins orders worth Rs 30.66 crore
Jun 22,2017

CMI has received orders from East Central Railway worth Rs 20.69 crore for supply of Railway Signalling Cable. The Company has received an order from BHEL worth Rs 9.97 crore for supply of 3.3 KV & 11 KV Power Cable, for its Baddi Plant.

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Repco Home Finance proposes to raise Rs 100 crore
Jun 22,2017

Repco Home Finance proposes to raise Rs.100 crore by issue of Secured, Redeemable, Non-Convertible Debentures (SRNCD) on private placement basis, subject to the approval of the Securities Allotment Committee of the Board and the proposal will be circulated to the Committee for its consideration.

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Aditya Birla Nuvo allots 43,168 equity shares
Jun 22,2017

Aditya Birla Nuvo has allotted 43,168 equity shares of Rs. 10 each on 22 June, 2017, pursuant to exercise of stock options / RSUs under Employee Stock Option Scheme 2013.

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Board of Libord Finance approves preferential issue of shares
Jun 22,2017

The Board of Directors of Libord Finance at its meeting held on 22 June 2017 has Issued and allotted 40,00,000 (Forty Lakh) equity shares at Rs. 10/- (Rupees Ten Only) each share aggregating to Rs. 4,00,00,000/- (Rupees Four Crore Only) on preferential basis to Promoter Group and Non Promoters.

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Outcome of board meeting of Veer Energy & Infrastructure
Jun 22,2017

Veer Energy & Infrastructure announced that the Board of Directors of the company at its meeting held on 22 June 2017 approved the Preliminary Placement Document and other incidental activities for the proposed placement of 26,50,000 equity shares of Rs 10 each to Qualified Institutional Buyers. Further, Falguni M Shah has been appointed as Director of the Company with immediate effect.

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Board of Disa India approves change in directorate
Jun 22,2017

Disa India announced that the Board of Directors at its meeting held on 21 June 2017 has transacted the following -

1. Appointed Lokesh Saxena as the Managing Director of the Company with effect from 21 June 2017 for a period of three years subject to confirmation by the shareholders in the ensuing Annual General Meeting.

2. Accepted the resignation tendered by Robert E Joyce Jr. from the office of Chairman and also from the office of Director of the Company with effect from 21 June 2017.

3. Andrew Carmichael, a Director of the Company was appointed as the Chairman of the Company.

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Board of P I Industries approves JV with Kumiai Chemicals Industry Co., Japan
Jun 22,2017

The Board of Directors of P I Industries at its meeting held on 22 June 2017 has approved the proposal for entering into a joint venture agreement with Kumiai Chemicals Industry Co., Japan.

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Tata Elxsi selected as strategic design partner by Airports Authority of India
Jun 22,2017

Tata Elxsi announced that announced that it has been selected by the Airports Authority of India (AAI) out of a competitive global bid to improve passenger experience for all AAI managed airports.

AAI, a mainstay in Civil Aviation sector in the country, is entrusted with the responsibility of creating, upgrading, maintaining and managing civil aviation infrastructure on both ground and airspace for India.

As a strategic design partner, Tata Elxsi will help AAI to provide a seamless passenger travel experience. Tata Elxsi will be primarily responsible to set the wayfinding and information design guidelines for all AAI airports coming up in the future.

Tata Elxsi will also enable AAI to set a team and create a process to design and implement world-class, customer-centric information and wayfinding system. This will cover the entire passenger journey right from parking to boarding the plane, to making the spaces efficientand user-friendly. The design will be in line with the global standards and Tata Elxsi will set the guidelines / standards for all future airports.

Tata Elxsi has already started the work on creating an intuitive, customer-centric wayfinding system and developing a unique image for several airport terminals.

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IBREL IBL Scheme Trust sells 3.3 crore shares of Indiabulls Real Estate
Jun 22,2017

Indiabulls Real Estate announced that IBREL IBL Scheme Trust, of which Indiabulls Real Estate is the sole beneficiary, has sold 3.3 crore shares of the Company, on 22 June 2017 at the stock exchanges, and has realised approx. Rs 662.83 crore at an average price of about Rs 200.85 per share. The sale proceeds would be used for meeting Companys funding requirements for its ongoing businesses and general corporate purposes or any other purposes as may be approved by its Board.

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