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Infibeam Incorporation enters into agreement with Sears Holding Management Corporation
Dec 09,2016

Infibeam Incorporation has executed an agreement with Sears Holding Management Corporation, an American Holding Company and the owner of retail store brand like Sears and Kmart etc, to provide online e-commerce platform services including advanced machine learning algorithms for enabling automated products classification at Sears Marketplace.

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Board of Time Technoplast to consider fund raising
Dec 09,2016

Time Technoplast announced that the meeting of the Board of Directors of the Company will be held on 13 December, 2016 inter-alia, to consider alternate means of fund raising including but not limiting to Preferential Issue of Securities in terms of Chapter VII of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009 as amended.

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AXISCADES Engineering Technologies complete acquisition of AXISCADES Aerospace and Technologies
Dec 09,2016

AXISCADES Engineering Technologies has completed the acquisition of AXISCADES Aerospace and Technologies (ACATL), a Technology Company focusing on Aerospace & Defense and Homeland Security areas. The acquisition was carried out through a Scheme of Amalgamation of the holding company of ACATL, i.e. Indian Aviation Training Institute (IAT), with ACETL.

Shareholders of IAT (holding company of ACATL) will receive ten shares in ACETL for every 45 shares held by them. ACATL is now a 100% subsidiary of ACETL. ACETL will issue 10.57 million new shares, therebyincreasing its shares outstanding to 37.76 million. The appointed date of Scheme of Amalgamation is 1st April 2016 and the Effective Date of the Scheme is 5th December 2016.

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Board of Millitoons Entertainment allots equity shares and warrants
Dec 09,2016

Millitoons Entertainment announced that the Board of Directors of the Company at its meeting held on 08 December 2016 has allotted 35 lakh warrants and 5 lakh equity shares to Viniato Advisors (non-promoter group) at an issue prices of Rs 63.32 (including premium of Rs 62.32).

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IL&FS Engineering & Construction Co emerges Lowest Bidder for RE works
Dec 09,2016

IL&FS Engineering & Construction Co has emerged as the Lowest Bidder for Rural Electrification (RE) Works of Jharkhand Bijli Vitran Nigam (JBVNL), Ranchi worth Rs. 225 crore in package of Sahibganjcomprising Sahibganj and Pakur districts in Jharkhand state under Deen Dayal Upadhyay Gram Jyoti Yojana (DDUGJY).

Deen Dayal Upadhyay Gram Jyoti Yojana (DDUGJY)-RE contracts are being funded by Rural Electrification Corporation (REC).

The completion schedule of the works is 24 months.

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Board of Surana Industries to consider Q2 and HY results
Dec 09,2016

Surana Industries announced that a meeting of the Board of Directors of the Company is scheduled to be held on 14 December 2016, inter alia, to consider and approve the Unaudited financial results for the 2nd Quarter and Six Months ended 30 September 2016.

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Mahindra & Mahindra temporarily shuts down plants for optimising inventories
Dec 09,2016

Mahindra & Mahindra announced that the Company will be undertaking scheduled maintenance shutdown at some of its Automotive and Tractor plants in December, 2016. It will also observe on need basis few days as No Production Days at some of its Automotive and / or Tractor plants including Chakan plant of its wholly owned subsidiary Mahindra Vehicle Manufacturers as part of its efforts to optimize inventories during December year-end.

The Management does not envisage any adverse impact on the availability of products in the market due to adequacy of stocks to serve the market requirements.

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Max Ventures and Industries acquires shares of FSN E-Commerce Ventures (Nykaa.com)
Dec 09,2016

Max Ventures and Industries announced that Max I. (a wholly owned subsidiary of Max Ventures and Industries ), has acquired 2,69,955 (Two Lacs Sixty Nine Thousand Nine Hundred Fifty Five) equity shares of Rs.10/- each of FSN E-Commerce Ventures (FSN) on 08 December 2016, which represents its 1.99% equity capital.

FSN is engaged in the business of selling cosmetic products, personal and home accessories to consumers in India through e-commerce platform n++Nykaa.comn++.

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Shares of Sheela Foam get listed
Dec 09,2016

The equity shares of Sheela Foam (Scrip Code: 540203) are listed effective 09 December 2016 and admitted to dealings on the Exchange in the list of B Group Securities.

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Board of Sita Shree Food Products to consider September quarter results
Dec 08,2016

Sita Shree Food Products announced that the Board of Directors of the company will meet on 14 December 2016 to consider and approve un-audited financial results for the quarter ended 30 September 2016.

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Jammu and Kashmir Bank to announce Q2 results
Dec 08,2016

Jammu and Kashmir Bank announced that the Board of the Bank will meet on 15 December 2016; inter alia, to consider the Reviewed Financial Results of the Bank for the Quarter & Half year ended 30 September 2016 (Q2).

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PNC Infratech director resigns
Dec 08,2016

PNC Infratech announced Dharam Veer Sharma has resigned from the directorship held in the Company with effect from closing of business hours of 08 December 2016.

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Board of Jindal Steel & Power approves change in directorate
Dec 08,2016

Jindal Steel & Power announced that the Board of Directors of the Company at its meeting held on 08 December 2016, inter alia, has approved the following:

1. Adopted and approved the Dividend Distribution Policy as required by Regulation 43A of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2016 and be hosted on the website of the Company viz. www.jindalsteelpower.com.

2. Took note of resignation of Haigreve Khaitan as Independent Director of the Company with effect from 07 December 016.

3. Took note of withdrawal of nomination of Shalil Mukund Awale as Nominee Director - IDBI Bank.

4. Considered and approved the appointment of Deepak Sood as Additional Director in the category of Nominee Director - IDBI Bank.

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Infibeam Incorporation allots equity shares
Dec 08,2016

Infibeam Incorporation announced that the Nomination and Remuneration Committee (NRC) of the Company in its meeting held on 08 December 2016, has approved allotment of 23,532 Equity Shares of Rs. 10/- each to the option grantees who have exercised their options under Employee Stock Option Scheme 2013-14 and Employee Stock Option Scheme 2014-15.

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Board of Finolex Industries appoints company secretary and compliance officer
Dec 08,2016

The Board of Finolex Industries approved the appointment of Vidya Shembekar as Company Secretary, Compliance Officer and KMP of the Company with immediate effect.

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