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Kirloskar Industries director resigns
Feb 16,2017

Kirloskar Industries announced that Priyamvada A. Ranade has resigned from the Board of Directors of the Company as a Director due to other pre-occupations with effect from 15 February 2017.

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R&B Denims resumes factory operations
Feb 16,2017

R&B Denims announced that there is a considerable change in market scenario and the effect of demonetization is over, Companys stock in hand are come down to optimum stock level.

Further there is an increase in demand of companys product both in domestic and foreign market, the company has started its normal functioning and foresee no further interruption will arise in manufacturing activities.

On 16 December 2016, the Company had temporarily shut down factory production due to market trend and effect of demonetization.

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Bharat Wire Ropes appoints director
Feb 16,2017

Bharat Wire Ropes announced that the Board of Directors of the Company has appointed Shiv Kumar Malu as an Independent Director with effect from 15 February 2017.

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Sarthak Global announces resignation of director
Feb 16,2017

Sarthak Global announced that Sitaram Rathi has resigned from the post of Director as well as Whole-time Director of the Company from the closing hours of 14 February 2017.

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Mercator appoints director
Feb 16,2017

Mercator announced that Desh Raj Dogra has been appointed as (Additional) Independent and Non- Executive Director of the Company for a period of 5 years w.e.f 15 February 2017.

The Board of Directors of the Company approved the appointment of Dogra through Circular Resolution passed on 15 February 2017.

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Aryaman Financial Services provides update on subsidiary - Escorp Asset Management
Feb 16,2017

Aryaman Financial Services announced that Escorp Asset Management , a subsidiary of the Company has filed the Draft Prospectus dated 14 February 2017 with the BSE, for listing its equity shares on SME Platform of BSE.

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Future Enterprises allots NCDs aggregating Rs 265 crore
Feb 16,2017

Future Enterprises announced that the Committee of Directors of the Company at its meeting held on 16 February 2017 has allotted 1060, 9.60% secured redeemable non-convertible debentures (NCDs) of Rs 10 lakh each (series XVI-A) and 1590, 9.60% secured redeemable non-convertible debentures (NCDs) of Rs 10 lakh each (series XVI-B) aggregating to Rs 265 crore on private placement basis.

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IP Rings allots 56,33,718 equity shares
Feb 16,2017

IP Rings announced that the Rights Issue Sub-Committee of the Company at their meeting held on 16 February 2017, has considered and approved, inter alia, the following:

- Allotment of 56,33,718 fully paid up Rights Equity Shares of face value of Rs. 10 each at a price of Rs. 88.75 per Rights Equity Shares including a premium of Rs. 78.75 per Rights Equity Shares, to the eligible equity shareholders of the Company and in pursuance of the basis of allotment approved by the BSE, the designated stock exchange.

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Shilpa Medicare intimates of fire accident
Feb 16,2017

Shilpa Medicare announced that there was an incident of fire at the Companys EOU Unit (API) plant in one block of the Company, situated at Raichur, Karnataka. It is further intimated that it may not have impact on the operations of the said plant or financials.

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Sundaram Clayton revises record date for 2nd interim dividend
Feb 16,2017

Sundaram Clayton has fixed 21 March 2017 instead of 23 March 2017 as informed earlier, as the Revised Record Date for the purpose of payment of Second interim dividend.

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Bharti Airtel provides update on subsidiary - Augere Wireless Broadband India
Feb 16,2017

Bharti Airtel announced that the merger of Augere Wireless Broadband India (Augere), a wholly owned subsidiary into Bharti Airtel (Airtel) has been completed.

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Mahindra & Mahindra provides update on subsidiary - Mahindra Renewables
Feb 16,2017

Mahindra & Mahindra announced that Mahindra Renewables, an indirect subsidiary of the Mahindra & Mahindra, has on 16 February 2017 entered into a Share Purchase Agreement with Mahindra Solar One to acquire 10,000 equity shares of Mahindra Suryaurja held by Mahindra Solar One at a consideration of Re 1.

Mahindra Suryaurja will become a subsidiary of Mahindra Renewables and in turn an indirect subsidiary of Mahindra & Mahindra as and when the share acquisition process is completed.

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Kennametal India announces change in compliance officer
Feb 16,2017

Kennametal India announced that the Company have appointed Thulsidass T V, Company Secretary & Legal Head, as Compliance Officer of the Company pursuant to Regulation 6 of the SEBI (LODR) Regulations, 2015.

Further, with the above appointment, K. V. Suresh Reddy ceased to be the Compliance Officer of the Company with effect from 13 February 2017.

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Indias services export declines 1.7% in December 2016
Feb 16,2017

As per the data released by the Reserve Bank of India, Indias services exports declined 1.7% to US$ 13.80 billion in December 2016 over December 2015. Meanwhile, Indias services imports moved up 15.4% to US$ 8.29 billion in December 2016. Indias services trade surplus narrowed 19.6% to US$ 5.51 billion in December 2016 from US$ 6.85 billion in December 2015.

Indias services trade surplus fell 9.8% to US$ 48.32 billion in April-December 2016 over a year ago, with 12.2% rise in services imports to US$ 71.56 billion. Indias services exports rose mere 2.2% to US$ 119.87 billion in April-December 2016.

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Motilal Oswal Financial Services allots 40,900 equity shares
Feb 16,2017

Motilal Oswal Financial Services allots 40,900 equity shares on exercise of employee stock option to various employees of Companys subsidiaries.

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