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Central Bank of India allots 96.01 lakh shares to GoI
Aug 18,2017

Central Bank of India announced that the Board of Directors of the Bank at its meeting held today i.e. 18 August, 2017 has allotted 96,01,536 equity shares of the face value of Rs. 10/- each to President of India (Government of India) at the issue price of Rs. 104.15 per equity share aggregating upto Rs. 100/- crore (Rupees One Hundred Crore only) subsequent to passing of the Special Resolution by shareholders at Extra-ordinary General Meeting held on 11 May, 2017 and the approval of Government of India under Section 3(2B)(c) of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 to increase the paid-up capital vide letter No. F.No.7/38/2014-BOA dated 04.08.2017. With this allotment, shareholding of President of India (Government of India) has increased from 81.28% to 81.38%.

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Engineers India provides update of buyback of shares
Aug 18,2017

Engineers India has extinguished 4,19,61,780 fully paid up equity shares of Rs 5 each in the recently concluded buyback of shares. Paid up equity capital post extinguishement stands at 63,19,11,420 equity shares of Rs 5 each.

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Quess Corp to allot 1.09 crore equity shares
Aug 18,2017

Quess Corp announced that the duly authorized Capital Raising Committee of the Board of Directors of the Company, at its meeting held on 18 August 2017 decided to allot 1,09,24,029 Equity Shares of Rs.10/- each to successful applicants at an issue price of Rs. 800 per Equity Share, aggregating to Rs. 873.92 crore, under QIP Issue.

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Alembic Pharmaceuticals intimates of disruption in plant at Constantine, Algeria
Aug 18,2017

Alembic Pharmaceuticals announced that there was a fire incident at its Algerian Joint Venture plant at Constantine, Algeria Constantine, Algeria. It has had been brought under control. No casualties or injury to any persons is reported. The cause of accident and the extent of damage is being investigated and assessed. The Company expects a disruption in operations till the plant is put back on stream.

Alembic Mami SPA is a joint venture in which 49% equity stake is held by Alembic Global Holding SA (AGH), 100% subsidiary of Alembic Pharmaceuticals.

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Tiaan Ayurvedic & Herbs receives purchase order
Aug 18,2017

Tiaan Ayurvedic & Herbs announced the receipt of a purchase order amounting to Rs 5.07 crore for its Ayurvedic products.

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Fortis Cancer Care to sell its 79.43% stake in Lalitha Healthcare
Aug 18,2017

Fortis Healthcare announced that Fortis Cancer Care (FCCL), a step down subsidiary of the Company has entered into a memorandum of understanding (MoU) with Lalitha Healthcare Private Limited (LHPL), another step down subsidiary of the Company, Dr. Lakshmi Narayana Raju, Lakshmi Priya, S. Venkataramana Raju (collectively the Promoters of LHPL) and Anikrish Hospitals Private Limited, for, inter alia, sale of the entire shareholding held by FCCL, representing 79.43% of the total issued and paid up equity share capital of LHPL (FCCL Shares), to the Promoters of LHPL (Proposed Transaction).

The MoU contemplates that FCCL, LHPL and the Promoters of LHPL will enter into a share purchase agreement (SPA) for the sale of the FCCL Shares to the Promoters of LHPL.

Pursuant, to the consummation the Proposed Transaction the control and management of LHPL will be transferred to the Promoters of LHPL.

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India Tourism Development Corporation announces change in directorate
Aug 18,2017

India Tourism Development Corporation announced the appointment of Leena Nandan, IAS (UP:1987), Addl. Secretary & Financial Advisor (AS & FA), Ministry of Tourism, as part-time Government Director on the Board of ITDC in place of Dr. Pradeep Kumar, IAS (Kerala:1987).

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Outcome of board meeting of Ganesh Benzoplast
Aug 18,2017

Ganesh Benzoplast announced that the Board of Directors of the Company at its meeting held on 18 August 2017 has transacted the following -

i. Considered and approved that a proposal to segregate the divisions of the Company either by Demerger or Slump Sale will be formulated and implemented immediately.

ii. The designation of Mr Ramesh Punjabi has been changed from Non-Executive Independent Director to Non-Executive Non-Independent Director, liable to retire by rotation, w.e.f 18 August 2017.

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Board of Orient Press approves raising of funds
Aug 17,2017

Orient Press announced that the Board of Directors of the Company at its meeting held on 17 August, 2017 has approved subject to the approval of Members in ensuing Annual General Meeting and pursuant to the provisions of Section 62 of the Companies Act, 2013 raising of funds by way of issue of up to 19,25,000 fully paid Equity Shares of face value of Rs. 10/- each at a price of Rs. 60/- each (at a price which is not lesser than the price calculated in accordance with the provisions of ICDR Regulations) on Preferential allotment basis to Promoters and person other than Promoters.

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Board of Quess Corp approves QIP issue price
Aug 17,2017

The Board of Quess Corp approved issue price of Rs 800 per equity share and approved the prospectus in relation to the QIP issue.

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SRG Housing Finance proposes private placement of NCDs upto 25 cr
Aug 17,2017

SRG Housing Finance proposes to issue of Secured Rated Listed Redeemable Non-Convertible Debentures upto an amount of Rs. 25 crore in one or more tranches, on private placement basis. The Board will consider the proposal on 21 August 2017.

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Outcome of Board meeting of ERIS Lifesciences
Aug 17,2017

The Board of ERIS Lifesciences at its meeting held on 17 August 2017 has transacted the following business:

1. Approved the shifting of the Registered Office of the Company from 21, New York Tower - A, Nr. Muktidham Temple Thaltej Cross Road, Thaltej Ahmedabad- 380054 to 8th Floor, Commerce House IV, Beside Shell Petrol Pump, 100 Feet Road, Prahladnagar, Ahmedabad - 380015 with immediate effect.

2. Decided to convene the Eleventh Annual General Meeting (AGM) of the Members of the Company on Friday, 29 September 2017.

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Outcome of board meeting of Vimal Oil and Foods
Aug 17,2017

The Board of Vimal Oil and Foods at its meeting held on 17 August 2017 has approved the following -

To hold AGM on 29 September 2017.

To shift registered office to Village Hanumant Heduva, Near Palavasna Railway Crossing, Highway, Mehsana -384 002, Gujarat.

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Vatsa Educations AGM scheduled
Aug 17,2017

Vatsa Educations announced that the Annual General Meeting (AGM) of the company will be held on 8 September 2017.

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Vani Commercials AGM scheduled
Aug 17,2017

Vani Commercials announced that the Annual General Meeting (AGM) of the company will be held on 30 September 2017.

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