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Abhijit Trading Company to hold board meeting
Mar 16,2017

Abhijit Trading Company will hold a meeting of the Board of Directors of the Company on 24 March 2017.

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Venus Remedies to hold board meeting
Mar 16,2017

Venus Remedies will hold a meeting of the Board of Directors of the Company on 18 March 2017.

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Great Eastern Shipping Company takes delivery of Jag Leena
Mar 16,2017

Great Eastern Shipping Company has taken delivery of Secondhand Suezmax Crude Carrier Jag Leena (2010 Built) of about 157,000 dwt. The Company had contracted to buy the vessel in December 2016.

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Adani Power allots 3,38,34,391 equity shares
Mar 16,2017

Adani Power announced the allotment of 3,38,34,391 equity shares of Rs. 10/- each upon partial conversion of the Convertible Warrants as earlier issued and allotted on preferential basis to Promoter Group Entities.

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Board of Megri Soft to acquire 11.67% stake in Kohli & Kohli Financial Consultants
Mar 16,2017

Megri Soft announced that the Board of Directors of the Company in their meeting held on 15 March 2017 has decided to acquire/invest Rs. 25,30,000/- (accounting to 11.67%) in the Equity Shares of the Kohli & Kohli Financial Consultants.

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Cholamandalam Investment & Finance Company appoints directors
Mar 16,2017

Cholamandalam Investment & Finance Company announced that the Board of Directors of the Company at its meeting held on 15 March 2017 has approved the following changes in the constitution of the Board of directors of the Company, subject to the approval of the members at the next general meeting of the Company:

1. Appointment of N Srinivasan as an Executive Vice Chairman and Managing Director of the Company for a term of two years effective 19 August 2017.

2. Appointment of Arun Alagappan as an Executive Director of the Company for a term of five years effective 19 August 2017.

It may be noted that as per the terms of appointment approved by the members at the thirty eighth annual general meeting of the Company held on 29 July 2016, Vellayan Subbiah, the current Managing Director holds office till 18 August 2017.

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Board of Tube Investments of India appoints director
Mar 16,2017

Tube Investments of India announced that the Board of Directors at its meeting held on 15 March 2017 has appointed Vellayan Subbiah as Additional Director on the Board and as the Managing Director (Deisgnate) of the Company, with effect from 19 August 2017.

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Board of Amrapali Fincap appoints director
Mar 16,2017

Amrapali Fincap announced that the Board of Directors of the Company at their meeting held on 15 March 2017 have approved the appointment of Ashwin Shah (DIN 01528910) as an Additional (Independent) Director of the Company.

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Hindustan Zinc fixes record date for 2nd interim dividend
Mar 16,2017

Hindustan Zinc has fixed 28 March 2017 as record date for second interim dividend for FY 2017.

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Board of State Bank of India approves raising of equity capital up to Rs 15000 cr in FY 2018
Mar 16,2017

State Bank of India announced that the Central Board of the Bank at its meeting held on 15 March 2017 has accorded its approval for raising of equity capital up to Rs 15000 crore during FY 2017-18 by way of FPO/ Rights Issue/ ESPS/ ESOS/ QIP/ ADR/ GDR and any other mode or combination of these, as may be decided at the opportune time subject to however approval of the Government of India and Reserve Bank of India.

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Board of Millitoons Entertainment approves allotment of bonus shares in ratio of 1:1
Mar 16,2017

Millitoons Entertainment announced that the Board of Directors of the company at its meeting held on 15 March 2017 has approved the allotment of equity shares pursuant to bonus issue in the ratio of 1:1 to the shareholders of the Company whose name appears in the register of members of the Company as on record date of 14 March 2017.

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Board of Zee Entertainment Enterprises approves in-principle acquisition of 80% stake in Margo Networks
Mar 16,2017

Zee Entertainment Enterprises announced that the Board of Directors at its meeting held on 15 March 2017 has approved in-principle the acquisition of 80% equity stake in a Technology start-up, Margo Networks at a consideration of Rs 75 crore.

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Board of Bharti Airtel decides to undertake sale/ transfer of upto 400 mn Bharti Infratel shares
Mar 16,2017

Bharti Airtel announced that the Board of Directors at its meeting held on 14 March 2017 on the recommendation of the Committee of Directors, decided not to monetize a controlling stake in Bharti Infratel (Infratel) for now. Instead the Board has decided that the Company undertake a sale / transfer of upto 400 million Infratel equity shares owned by the Company which is over and above a controlling stake in Infratel, in such tranche(s), at such time(s) and for such consideration as may be deemed fit to its wholly-owned subsidiary, Nettle Infrastructure Investments (Nettle) and/or to any other potential investor(s) (collectively the Transfer(s)).

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Ducon Infratechnologies to pursue global inorganic strategy
Mar 16,2017

Ducon Infratechnologies announced that the management of the Company has decided to pursue its inorganic strategy for accelerated growth actively. This strategy would not only fastn++]track Ducon Indian++fs organic growth but would also add critical size and capabilities to its current business. The Company is potentially looking at companies predominantly in North America and Europe in similar or relatedmarket sectors and a strong market position.

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Shares of Parmax Pharma get listed
Mar 16,2017

The equity shares of Parmax Pharma (Scrip Code: 540359) are listed effective 16 March 2017 and admitted to dealings on the Exchange in the list of XT Group Securities.

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