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Uniply Industries shifts registered office
Apr 18,2017

Uniply Industries announced that the Registered Office of the company has been shifted from #5, Branson Garden Street, Kilpauk, Chennai - 600 010 to #572, Anna Salai, Teynampet, Chennai - 600 018 with effect from 17 April 2017. The telephone and Fax nos are +91 44 24362019 and +91 44 24362018 respectively.

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ABB India secures order worth Rs 178 crore
Apr 18,2017

ABB India has won an order worth around Rs 178 crore, from Power Grid Company of Bangladesh to support the countrys power infrastructure expansion and meet its growing electricity needs. As part of the project, ABB India will build two new substations and upgrade two existing substations, all located in the south-eastern parts of Bangladesh. The order was booked in the first quarter of 2017. The design, engineering, system integration and supply of key products will be executed in India, another example of making in India for the world.

The substations will add around 535 megawatts (MW) of transmission capacity - enough to power more than 250,000 households - and contribute to the governments target of providing access to electricity for its population of around 165 million, by 2021.

ABB will build and commission one 132kV/33kV air insulated switchgear substation in Kachua, one 132kV/33kV gas insulated switchgear substation in Kalurghat and upgrade two existing 132kV/33kV AIS substations into GIS substations in the Comilla and Modhunaghat areas. ABB will also provide substation automation systems and fiberoptic communications.

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Themis Medicare incorporates a JV company in UK
Apr 18,2017

Themis Medicare has incorporated a Joint Venture Company in United Kingdom known as Carpo Medical as a Private Limited Company.

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GRUH Finance to hold AGM
Apr 18,2017

GRUH Finance announced that the 31st Annual General Meeting (AGM) of the company will be held on 15 June 2017.

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Board of GRUH Finance recommends final dividend
Apr 18,2017

GRUH Finance announced that the Board of Directors of the Company at its meeting held on 17 April 2017, inter alia, have recommended the final dividend of Rs 2.8 per equity Share (i.e. 140%) , subject to the approval of the shareholders.

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Cybermate Infotek to hold EGM
Apr 18,2017

Cybermate Infotek announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 18 May 2017 .

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BEML bags Hindustan PSU Award
Apr 18,2017

BEML has been bestowed with Hindustan PSU Award under the category Fastest Growing Organisation - Miniratna. The award is instituted by Hindustan Media Ventures.

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IndusInd Bank launches IndusForex.com
Apr 18,2017

IndusInd Bank has launched IndusForex.com, a one-stop portal for all foreign exchange needs of Indian consumers. With the help of this portal, one can buy multi-currency foreign exchange cards and reload it anytime, anywhere in 8 different currencies. The portal also gives the freedom to sell the foreign exchange currency after the international trip has been completed. Consumers can also use the portal to send money abroad for purposes such as education and medical requirements.

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GTL Infrastructure provides update on SDR process
Apr 18,2017

GTL Infrastructure announced that the Company and Chennai Network Infrastructure have completed important milestones in their respective SDR processes. On 13 April 2017, the CDR lenders of GIL and CNIL, converted part of the outstanding debt into equity shares such that each set of CDR lender, holds 51% of the equity share capital (on fully diluted basis) of GIL and CNIL, respectively.

The Indian Rupee denominated debt levels of GIL and CNIL are now at sustainable levels. The respective details are as under -

GIL
Rupee Debt prior to conversion - Rs 3390.57 crore
Rupee Debt post conversion - Rs 1698.35 crore

CNIL
Rupee Debt prior to conversion - Rs 5162.89 crore
Rupee Debt post conversion - Rs 2353.93 crore

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IFCI announces cessation of directors
Apr 18,2017

IFCI announced that S V Ranganath, Savita Mahajan and K S Sreenivasan have ceased to be Independent Directors on the Board of IFCI with effect from 01 April 2017 on completion of their tenure.

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Seshasayee Paper & Boards provides operations update
Apr 17,2017

Seshasayee Paper & Boards announced that due to severe drought conditions and drying of perennial rivers in the State of Tamil Nadu, the District Revenue Officials have advised the Company to restrict drawal of water from river Cauvery for drinking purpose only.

The Company has appealed to the Revenue Official to permit minimum quantity of water to maintain safe working conditions. Steps have been taken to step up ground water resources. Meantime, partial production is maintained.

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Board of VCK Capital Market Services approves appointment of company secretary
Apr 17,2017

The Board of Directors of VCK Capital Market Services at their meeting held on 17 April 2017 has inter-alia, approved the appointment of Bandana Saha (A46329) for the post of Company Secretary and Compliance Officer of the Company with effect from 17 April 2017.

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Board of Kabra Drugs approves change in directorate
Apr 17,2017

The Board of Directors of Kabra Drugs at its meeting held on 17 April 2017 has taken the following decisions:

1.The Board has accepted resignation of Rajendra Kumar Bordia from the Board of the Company.

2.The Board has appointed Kuldeep Kumar Ajmera, as Additional Director in the Independent non- executive category on the Board Of the Company.

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Board of Shankara Building Products accepts resignation of nominee director
Apr 17,2017

Shankara Building Products announced that the Board of Directors of the Company at its meeting held on 17 April 2017 has accepted the resignation of Siddhartha Mundra- Nominee Director.

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Board of Tinna Rubber & Infrastructure approves resignation of director
Apr 17,2017

Tinna Rubber & Infrastructure announced that the Board of Directors has accepted the resignation of Shobha Sekhri as Whole Time Director with effect from 12 April 2017.

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