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SEAMEC enters into charter hire contract for vessel SEAMEC III
Jun 20,2017

SEAMEC announced that upon completion of contract with Kreuz Subsea Technologies, the Company has entered into a contract for charter hire of vessel SEAMEC III with L&T Hydrocarbon Engineering for undertaking a job in Mumbai High.

The tenure of the contract is for a period of 7 days with option for extension. The contract will commence from around 22 June 2017.

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Board of Captain Polyplast decided to start a new manufacturing plant in Andhra Pradesh
Jun 20,2017

Captain Polyplast announced that the Board of Directors of the Company at its meeting held on 19 June 2017 have decided to start new manufacturing plant at Kurnool District in Andhra Pradesh with a view to expand business opportunity from nearby southern states.

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NHPC awards EPC contract for 50 MW Solar Power project in Tamil Nadu
Jun 20,2017

NHPC has awarded an EPC contract for the development of 50 MW Solar Power PV Grid connected project (including evacuation arrangements) located at Theni and Dindigul districts in Tamil Nadu to Larsen & Toubro, L&T Construction, Manapakkam, Chennai for an amount of Rs 287.48 crore with its comprehensive O&M for 10 years. The project is anticipated to be completed within 9 months.

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Morganite Crucible (India) proposes to acquire 49% stake in subsidiary
Jun 20,2017

Morganite Crucible (India) proposes to acquire further 49% stake in the subsidiary Company i.e. Diamond Crucible Company from Terrassen Holding. The Board will consider the proposal on 26 June 2017.

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JK Paper gets upgradation in credit ratings
Jun 20,2017

JK Paper announced that India Ratings and Research (Ind-Ra), has upgraded JK Papers (i) Long-Term Issuer Rating to IND A- from IND BBB+, the Outlook is positive and (ii) Short-term Issuer Rating to IND A1 from IND A2+.

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Board of Fredun Pharmaceuticals approves issue of preference shares
Jun 20,2017

The Board of Directors of Fredun Pharmaceuticals at its meeting held on 20 June 2017 approved to issue compulsorily convertible preference share aggregating Rs 2.50 crore to eligible investors. The Board also considered option to purchase the three plots owned by Fredna Enterprises and the structures thereon to the Palghar Factory of the Company, which the Company is currently using as per the leave and licence agreement.

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Board of Raunaq EPC International approves issue of convertible warrants
Jun 20,2017

Raunaq EPC International announced that the Board of Directors of the Company at its meeting held on 20 June 2017 approved the issue of 4,59,000 (Four Lacs Fifty Nine Thousand) Convertible Warrants having the face value of Rs. 10/- (Rupees Ten Only) each to Promoter(s) and 1,97,757 (One Lac Ninety Seven Thousand Seven Hundred Fifty Seven) Convertible Warrants having the face value of Rs. 10/- (Rupees Ten Only) each to Non Promoters of the Company respectively on preferential basis subject to such other necessary regulatory approvals as may be required in this regard. The warrants will be issued at a price which shall be arrived as per the provisions of Chapter VII of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009 as amended.

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City Union Bank announces cessation of director
Jun 20,2017

City Union Bank announced the cessation of T K Ramkumar, Director w.e.f 10 June, 2017 on completion of tenure in terms of Section 10A(2A)(i) of the Banking Regulation Act, 1949.

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City Union Bank appoints director
Jun 20,2017

City Union Bank at its board meetign held on 20 June 2017 has co-opted Subramaniam Narayanan, as Additional Director on the Board of the Bank, to hold the office as Director upto the date of ensuing Annual General Meeting of the Bank.

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Board of Rajoo Engineers approves allotment of convertible warrants
Jun 20,2017

The Board of Directors of Rajoo Engineers at its meeting held on 20 June 2017 have approved the allotment of 35,00,000 Convertible Warrants on preferential allotment basis at issue price of Rs. 19.10/- per warrant. Each warrant is convertible in to one Equity Share of face value of Re. 1/- each with in a period of 18 months from the date of allotment of such warrants.

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Board of Vitan Agro Industries approves change in directorate
Jun 20,2017

Vitan Agro Industries announced that the Board of Directors of the Company at its meeting held on 20 June 2017 transacted the following -

1)Appointment of Sunil Surendra Pachlangia (DIN: 07850377) as Additional cum Independent w.e.f 20 June, 2017.

2)Resignation of Pattamadai Veerabahu Subramaniam (DIN: 07274504), Director of the Company with effect from the closing hours of 20 June, 2017.

3)Resignation of Prabhakaran Maheshwari (DIN: 00594789), Director of the Company with effect from the closing hours of 20 June 2017.

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Somany Ceramics issues commercial paper aggregating Rs 40 crore
Jun 20,2017

Somany Ceramics has issued Commercial paper of Rs. 40 crore value dated 20 June 2017 having maturity on 15 September 2017.

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Oil India provides update on buyback of shares
Jun 20,2017

Oil India announced that it has completed the extinguishment of total of 4,49,12,000 fully paid up equity shares of Rs 10 each. The paid up capital post the buyback is 75,66,02,607 equity shares of Rs 10 each aggregating Rs 756.60 crore.

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Surya Roshni to hold EGM
Jun 20,2017

Surya Roshni announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 23 July 2017 .

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Carnation Industries to hold AGM
Jun 20,2017

Carnation Industries announced that the Annual General Meeting (AGM) of the company will be held on 22 September 2017.

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