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Shriram Transport Finance Company to consider fund raising plans
Dec 01,2016

Shriram Transport Finance Company announced that the Company is considering raising of funds through various options of borrowings including by way of issue of Secured Redeemable Non-Convertible Debentures (NCDs) on private placement basis. Based on the market conditions the meeting(s) of Banking and Finance Committee will be held during the current month ending 31 December 2016 to consider and approve the terms of such borrowings.

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Board of Blue Circle Services to consider expansion of business
Dec 01,2016

Blue Circle Services announced that the meeting of Board of Directors of the Company will be held on 06 December 2016, to consider following Agenda:

1. To consider and if thought fit, to accept resignation of Anil Kumar Purohit, Managing Director and to appoint new KMP in his place.

2. To expand its business and to enter into new business segment.

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Board of Educomp Solutions to consider September quarter and half year results
Dec 01,2016

Educomp Solutions announced that the Meeting of Board of Directors of the Company will be held on 14 December 2016, inter alia, to consider and approve the unaudited financial results of the Company for the quarter and half year ended on 30 September 2016.

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Board of Gujarat NRE Coke to consider September quarter results
Dec 01,2016

Gujarat NRE Coke announced that a meeting of the Board of Directors of the Company has been convened to be held on 10 December 2016, inter alia, to consider, approve and take on record the Unaudited Financial Results of the Company for the quarter and half year ended 30 September 2016.

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Ruchi Soya Industries to announce September quarter and half year results
Dec 01,2016

Ruchi Soya Industries announced that a meeting of the Board of Directors of the Company will be held on 14 December 2016, inter alia, to consider and take on record the Unaudited Financial Results of the Company for the quarter and half year ended September 30, 2016.

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Outcome of board meeting of AAR Commercial Company
Dec 01,2016

AAR Commercial Company announced that the Board of Directors of the Company at its meeting held on 01 December 2016 transacted the following -

Appointment of Arvind Kumar Modi as Company Secretary and Compliance Officer of the Company with effect from 01 December 2016.

Approved shifting of registered office to 1, British India Street (Old Complex), Mezzanine Floor, Room No. 20, Kolkata - 700 069 with effect from 01 December 2016.

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Outcome of board meeting of Sayaji Hotels
Dec 01,2016

Sayaji Hotels announced that a meeting of the Board of directors of the Company was held on 01 December 2016 wherein, inter-alia, the following decisions were considered & approved:

Approval of the Sanction letter of Axis Bank for conversion of credit facility into foreign currency loan and availment of credit facility of Rs 4.28 crore.

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Board of Everest Industries approves change in CFO
Dec 01,2016

Everest Industries announced that the Board of Directors of the Company at their meeting held on 01 December 2016 have appointed Nikhil Dujari as Chief Financial Officer (CFO) of the Company w.e.f. 02 December 2016 in place of Rakesh Kumar Gupta who has ceased to be CFO of the Company with effect from the aforesaid date.

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Board of NTPC accords investment approval for Rojmal Wind Energy Project
Dec 01,2016

NTPC announced that the Board of Directors of the Company in its meeting held on 30 November 2016, has accorded investment approval for Rojmal Wind Energy Project (50 MW) in the state of Gujarat at an appraised estimated cost of Rs. 323.35 crore subject to signing of Power Project Agreement. This will be the first wind energy project of NTPC.

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Board of Jindal Steel & Power to consider Q2 results
Dec 01,2016

Jindal Steel & Power announced that the meeting of the Board of Directors of the Company is scheduled to be held on 09 December 2016, inter alia, to consider and approve, the unaudited Financial Results of the Company for the 2nd quarter and half year ended 30 September 2016, both on Standalone and Consolidated basis (Q2).

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Board of Gillette India approves appointment of director
Dec 01,2016

Gillette India announced that the Board of Directors of the Company, at their meeting held on 01 December 2016 has approved proposal for appointment of Karthik Natarajan as Director and Whole-time Director of the Company by way of Shareholders resolution to be passed by postal ballot effective from date of passing of the Shareholders resolution.

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Board of Shilpa Medicare approves raising of funds up to Rs 175 crore
Dec 01,2016

Shilpa Medicare announced that the Board of Directors of the Company at its meeting held on 01 December 2016 approved the raising of funds up to Rs 175 crore by issuing equity shares on preferential basis to TA FII Investors, Mauritius at a price of Rs 570 per share of Re 1 each. The Board also proposed to increase the shareholding limit for FIIs/ FPI and Registered Foreign Investors with SEBI, to 40% from the existing limit of 30%.

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Board of Bombay Rayon Fashions to consider September quarter results
Dec 01,2016

Bombay Rayon Fashions announced that a Meeting of the Board of Directors of the Company is scheduled to be held on 13 December 2016, inter alia, to consider, approve and take on record, among other items of the agenda, the Un-audited Financial Results for the quarter/half year ended 30 September 2016.

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Atul Auto announces sales figures
Dec 01,2016

Atul Auto reported total sales of 3450 units in November 2016 compared to 4005 units in November 2015, registering a decline of 13.86%. For the period April to November 2016, total sales stood at 27854 units compared to 29367 units in the corresponding period of previous year, registering a decline of 5.15%.

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Cox & Kings gets reaffirmation in credit ratings for bank facilities
Dec 01,2016

Cox & Kings announced that Credit Analysis & Research (CARE), the Rating Agency, has reaffirmed and enhanced the Commercial Paper issue carved out of sanctioned working capital limit of the Company from the existing Rs. 1040 crore to Rs. 1082 crore. The Rating has been reaffirmed as CARE A1+ (A One Plus). Instruments with this rating indicate very strong capacity for timely payment of financial obligations and carry lowest credit risk.

CARE has also reaffirmed and enhanced the long term bank facilities of the Company from existing Rs. 1164 crore to Rs. 1206 crore. The Rating has been reaffirmed as CARE AA (Double A). Instruments with this rating indicate high safety for timely servicing of debt obligations and carry very low credit risk.

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