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Bajaj Holdings and Investment delists GDRs from London Stock Exchange
Mar 24,2017

Bajaj Holdings and Investment announced that the Companys GDRs have been cancelled from admission to trading on the London Stock Exchange with effect from 24 March 2017.

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Rashtriya Chemicals & Fertilizers announces change in directorate
Mar 24,2017

Rashtriya Chemicals & Fertilizers announced that Ministry of Chemicals and Fertilizers vide office order dated 6 March 2017 has appointed Alka Tiwari, Joint Secretary, Department of Fertilizers, as a part time Government Nominee Director on the Board of the Company in place of Dharam Pal, with immediate effect till further orders.

Consequent to this, Dharam Pal has ceased to be Government Nominee Director of the Company, w.e.f. 6 March 2017. Further, Ministry of Chemicals and Fertilizers vide office order dated 8 March 2017 has appointed Suryanarayana Simhadri, as an Independent Director on the Board of the Company for a period of three years from the date of notification of his appointment or until further orders, whichever is earlier.

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Music Broadcast commences broadcast at Patna Station
Mar 24,2017

Music Broadcast has commenced broadcast of its radio station at Patna. The frequency for Patna location is 91.1 FM.

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IDFC Bank shifts registered office
Mar 24,2017

IDFC Bank has changed its registered office to KRM Tower, 7th Floor, No. 1, Harrington Road, Chetpet, Chennai - 600 031, Tamil Nadu, India with effect from 01 April 2017.

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Board of Dish TV India accepts resignation of director
Mar 24,2017

Dish TV India announced that the Board of Directors of the Company at their meeting held on 24 March 2017, has inter-alia, accepted the resignation of Eric Louis Zinterhofer, an Independent Director, from the Board of Directors of the Company, from the close of business hours of 24 March 2017.

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ISGEC Heavy Engineering incorporates a subsidiary - ISGEC CANADA INC.
Mar 24,2017

ISGEC Heavy Engineering announced that a Subsidiary Company with the name and style of ISGEC CANADA INC. has been incorporated in Ontario, Canada.

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Shriram Transport Finance Company allots NCDs aggregating Rs 10 crore
Mar 24,2017

Shriram Transport Finance Company announced that the Allotment Committee - NCDs of the Company in its meeting held on 24 March 2017, approved and allotted 100 Secured Redeemable Rated Listed Non-Convertible Debenture of face value of Rs. 10,00,000/- (Rupees Ten Lakh only) each, aggregating to Rs. 10 crore on private placement basis.

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Dilip Buildcon - Dhansar Engineering Company consortium win bid in MDO tender process
Mar 24,2017

Dilip Buildcon announced that the Company participated in consortium with Dhansar Engineering Company (DECO) in the Tender Process for the selection of Mine Developer cum Operator (MDO) for the Development and Operations of Tubed Coal Block, Auranga Coalfields, District Latehar, Jharkhand allocated to Damodar Valley Corporation by Government of India.

DBL-DECO Consortium (Shareholding ratio -DBL 90% and DECO 10%) emerged as Lowest -1 (L1) Bidder at Rs. 837 per Metric Tonne of mined out Coal from the Block in the Reverse Auction conducted by Damodar Valley Corporation.

The mineable reserves of the block are 130 Million Metric Tonnes with the peak capacity of 6 Million Metric Tonnes Per Annum.

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PNC Infratech declated LI Bidder for two NHAI projects
Mar 24,2017

PNC Infratech has been declared the L1 (lowest) bidder in the following two (2) hybrid annuity highway projects of NHAI for an aggregate Bid Project Cost (BPC) of Rs. 2720.0 crore.

Projects details are as follows -

Four laning Jhansi-Khajuraho section of NH 75/76 (Package I) from km 0.00 to km 76.30 in the states of UP & MP under NHDP III to be executed on Hybrid Annuity Mode for a Bid Project Cost of Rs. 1410.0 crore.

Four laning Jhansi-Khajuraho section of NH 75/76 (Package II) from km 76.30 to km 161.70 in the states of UP & MP under NHDP III to be executed on Hybrid Annuity Mode for a Bid Project Cost of Rs. 1310.0 crore.

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SREI Infrastructure Finance provides update on buyback of Long Term Infrastructure Bonds
Mar 24,2017

SREI Infrastructure Finance has completed a first tranche of buyback process of Long Term Infrastructure Bonds on 23 March, 2017 (Buyback date), in terms of Shelf Prospectus and Tranche 1 Prospectus both dated 28 December, 2011 and as approved by the Board of Directors at their meeting held on 6 August 2016.

The proposed buyback is for 24,88,856 Long Term Infrastructure Bonds with face value of Rs 1000 each.

Actual Long Term Infrastructure Bonds bought back is 44,866 with face value of Rs 1000 each.

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Shriram Transport Finance Company allots NCDs aggregating Rs 600 crore
Mar 24,2017

Shriram Transport Finance Company announced that the Allotment Committee - NCDs of the Company in its meeting held on 23 March 2017, approved and allotted 6000 Partly paid Secured Redeemable Rated Listed Non-Convertible Debenture of face value of Rs.10,00,000/- (Rupees Ten Lakh only) each, on private placement basis

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Electrosteel Castings gets ratings assigned for NCDs
Mar 24,2017

Electrosteel Castings announced that Infomerics Valuation and Rating has assigned the following credit rating to the debt instruments of the Company on 23 March 2017:

Debt Instrument Rating Assigned Non-Convertible Debenture of Rs.125 crore - IVR A [Pronounced IVR single A] (Outlook: Stable) which indicates adequate degree of safety regarding timely servicing of financial obligations.

Non-Convertible Debenture of Rs.75 crore - IVR A [Pronounced IVR single A] (Outlook: Stable) which indicates adequate degree of safety regarding timely servicing of financial obligations.

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Almirall and Sun Pharma announce regulatory filing of Tildrakizumab
Mar 24,2017

Almirall S.L and Sun Pharmaceutical Industries announced on 24 March 2017 the validation of the Regulatory Filing of tildrakizumab with the European Medicines Agency (EMA) by Almirall. Tildrakizumab is an investigational IL-23p19 inhibitor being evaluated for the treatment of moderate-to-severe plaque psoriasis.

The filing includes efficacy and safety data from the pivotal Phase III clinical trials (reSURFACE 1 and 2) that included over 1,800 patients across more than 200 clinical sites.

In July 2016, Almirall entered into a licensing agreement with Sun Pharma for the development and commercialization of tildrakizumab for psoriasis in Europe. Under the terms of the signed agreement, Sun Pharma will continue to lead other indications, for which Almirall will have the right to primary negotiation. In addition, Almirall will be able to lead European studies, and participate in larger Global clinical studies forpsoriasis.

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Power Grid Corporation of India provides update on Champa-Kurukshetra Transmission Line
Mar 24,2017

Power Grid Corporation of India announced that 1500 MW, Pole I of +/-800kV HVDC Champa-Kurukshetra Transmission Line has been put into commercial operation with effect from 24 March 2017 at 00.00 hours.

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Tinplate Company of India announces cessation of director
Mar 24,2017

Tinplate Company of India announced that Ashok Kumar Basu, an Independent Director on the Companys Board, has completed his tenure as Director of the Company on 23 March 2017. In view of the above, Basu ceases to be Director of the Company with effect from 24 March 2017.

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