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Shreyas Shipping & Logistics provides business update
Feb 23,2017

Shreyas Shipping & Logistics announced that the Company has on 23 February 2017 taken the delivery of the vessel M. V. SSL DELHI (2500 Teus).

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Mold-Tek Technologies allots 2,86,232 equity shares
Feb 23,2017

Mold-Tek Technologies announced that the Board of Directors of the Company has on 23 February 2017, allotted 2,86,232 equity shares of Rs. 2/- each pursuant to exercise of options.

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Dick Enterprises becomes subsidiary of Mercantile Ventures
Feb 23,2017

Mercantile Ventures announced that Dick Enterprises (Formerly known as Dick Financial Services) has become the Companys subsidiary with effect from 22 February 2017 consequent to allotment of equity shares.

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State Bank of Travancore to amalgamate with State Bank of India
Feb 23,2017

State Bank of Travancore announced that the Government of India has issued the following Order dated 22 February 2017, under sub-section (2) of Section 35 of the State Bank of India Act, 1955.

1. Acquisition of State Bank of Travancore Order, 2017

In terms of the said Order, the entire undertaking of State Bank of Travancore shall stand transferred to and vested in State Bank of India from 01 April 2017.

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Quick Heal Technologies collaborates with India Computer Emergency Response Team
Feb 23,2017

Quick Heal Technologies will be collaborating with Indian Computer Emergency Response Team, also referred as CERT-In for its Cyber Swachhta Kendra. CERT-In will be providing Quick Heals Bot Removal tool for cost to its users. The indigenously developed tool will continuously monitor the threat landscape for new bots and prevent them from damaging the users device by creating an antidote for every bot.

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Mindtree provides update on Magnet 360
Feb 23,2017

Magnet 360, a Mindtree company announced it was included in Gartners Market Guide for Salesforce Service Providers. Gartner identified Mindtrees Magnet 360 division as a representative provider for Customer Analytics, Sales Cloud, Service Cloud, Marketing Cloud and App Cloud.

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Board of Amtek Auto approves preferential issue of shares to Promoters
Feb 23,2017

Amtek Auto announced that the Board of Directors of the Company at its meeting held on 23 February 2017 has approved the issuance of equity shares to promoters of the Company on conversion of their unsecured loans by way of preferential issue.

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Trent receives credit rating for proposed commercial paper issue
Feb 23,2017

Trent has been assigned credit rating of CARE A1+ for proposed commercial paper issue for a limit of Rs 100 crore by Credit Analysis & Research.

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Rain Industries to hold AGM
Feb 23,2017

Rain Industries announced that the Annual General Meeting (AGM) of the company will be held on 5 May 2017.

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Board of Stovec Industries recommends final dividend
Feb 23,2017

Stovec Industries announced that the Board of Directors of the Company at its meeting held on 23 February 2017, inter alia, have recommended the final dividend of Rs 31 per equity Share (i.e. 310%) , subject to the approval of the shareholders.

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Tata Power Company provides update on Tata Power Renewable Energy
Feb 23,2017

Tata Power Company announced that its subsidiary, Tata Power Renewable Energy, has synchronised its 15 MW solar plant at Belampally in Telangana, thereby starting its commercial operations. The project has been won by TRPEL in phase 1 bidding process in Telangana. With this development, Tata Powers total installed operating capacity has crossed 10,500 MW mark.

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Akme Star Housing Finance fixes record date for bonus issue
Feb 23,2017

Akme Star Housing Finance has fixed 08 March 2017 as the record date for the issuance of Bonus Shares by capitalizing the Securities Premium Account, to the extent that the holder of 1 Equity Share of the Company shall be entitled to 1 Bonus Equity Share (i.e. in the ratio of 1:1).

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Indiabulls Ventures allots 8,90,518 equity shares
Feb 23,2017

Indiabulls Ventures announced that on 23 February 2017, Indiabulls Ventures (formerly Indiabulls Securities) (n++the Companyn++), has issued and allotted 8,90,518 (Eight Lac Ninety Thousand Five Hundred Eighteen) Equity shares of face value Rs. 2/- each, to eligible employees upon exercise of options vested in their favour under -Indiabulls Ventures Limited Employees Stock Option Scheme - 2008.

Consequent to the said allotment, the paid-up Equity share capital of the Company stands increased to Rs. 58,86,13,840/- divided into 29,43,06,920 Equity shares of face value Rs. 2/- each.

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Rupee reverses losses
Feb 23,2017

Rupee closed higher at 66.8300/8325 per dollar on Thursday (23 February 2017), versus its previous close of 66.9775/9800 per dollar.

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Stovec Industries standalone net profit declines 6.30% in the December 2016 quarter
Feb 23,2017

Net profit of Stovec Industries declined 6.30% to Rs 4.76 crore in the quarter ended December 2016 as against Rs 5.08 crore during the previous quarter ended December 2015. Sales rose 17.10% to Rs 54.52 crore in the quarter ended December 2016 as against Rs 46.56 crore during the previous quarter ended December 2015.

For the full year,net profit rose 9.01% to Rs 22.39 crore in the year ended December 2016 as against Rs 20.54 crore during the previous year ended December 2015. Sales rose 19.95% to Rs 186.30 crore in the year ended December 2016 as against Rs 155.32 crore during the previous year ended December 2015.

ParticularsQuarter EndedYear Endedn++Dec. 2016Dec. 2015% Var.Dec. 2016Dec. 2015% Var. Sales54.5246.56 17 186.30155.32 20 OPM %15.0816.34 -19.0321.16 - PBDT9.008.77 3 39.1036.23 8 PBT7.687.54 2 33.9731.07 9 NP4.765.08 -6 22.3920.54 9

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