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Gujarat Automotive Gears to hold EGM
May 24,2017

Gujarat Automotive Gears announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 23 June 2017 .

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Board of Venkys (India) recommends final dividend
May 24,2017

Venkys (India) announced that the Board of Directors of the Company at its meeting held on 22 May 2017, inter alia, have recommended the final dividend of Rs 6 per equity Share (i.e. 60%) , subject to the approval of the shareholders.

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Board of Thirumalai Chemicals recommends final dividend
May 24,2017

Thirumalai Chemicals announced that the Board of Directors of the Company at its meeting held on 20 May 2017, inter alia, have recommended the final dividend of Rs 18.75 per equity Share (i.e. 187.5%) , subject to the approval of the shareholders.

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Board of Zuari Global recommends final dividend
May 24,2017

Zuari Global announced that the Board of Directors of the Company at its meeting held on 19 May 2017, inter alia, have recommended the final dividend of Rs 1 per equity Share (i.e. 10%) , subject to the approval of the shareholders.

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Board of Zuari Agro Chemicals recommends final dividend
May 24,2017

Zuari Agro Chemicals announced that the Board of Directors of the Company at its meeting held on 19 May 2017, inter alia, have recommended the final dividend of Rs 1 per equity Share (i.e. 10%) , subject to the approval of the shareholders.

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Board of GPT Infraprojects approves fund raising up to Rs 100 crore and bonus issue
May 24,2017

GPT Infraprojects announced that the Board of Directors (Board) of the Company at their meeting held on 23 May 2017, inter alia, has approved the following:

- The Board has recommended Shareholders for Passing the following Resolutions through Postal ballot:-

a) For raising of funds by way of issue of equity shares and/or other securities up to Rs. 100 crore;

b) For Issue of Bonus Shares by capitalization of Security Premium Account in the proportion of 1 (one) equity share of Rs. 10/- for every 1 (one) equity shares of Rs. 10/- each held by the Members on Record date;

c) To create security on whole or substantially the whole of the assets of the Company and the whole or substantially the whole of the undertaking or undertakings of the Company for securing any loans under section 180 (1)(a) of Companies Act, 2013; and

d) To make investments and loan(s) up to Rs. 75 crores under section 186 of the Companies Act, 2013.

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Sunteck Realty plans sub-division of equity shares
May 24,2017

Sunteck Realty plans to undertake sub-division of equity shares of the Company. The Board of Directors will consider the proposal for the same on 08 June 2017.

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Board of Tata Investment Corporation approves equity participation in JV
May 24,2017

The Board of Directors of Tata Investment Corporation at its meeting held on 23 May 2017 have approved an equity participation of up to one per cent into a joint venture between Voltas, Koc Holdings A.S. (holding company of Arcelik A.S.), Ardutch B. V ( a wholly owned subsidiary of Arcelik A.S.) and Tata Investment Corporation. The proposed JVC to be incorporated would be engaged in the business of refrigerators, washing machines, microwaves and other white goods/ domestic appliances in India.

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Redington India provides update on subsidiary - Redington Gulf FZE
May 24,2017

Redington India announced that Redington Gulf FZE (RGF), a step down subsidiary of the Company, has acquired additional 10% stake (As of 31 March 2017, RGF holds 80% shares of Linkplus) from shareholder of Linkplus for a consideration of USD 0.99 million. With this the total stake of RGF in Link plus is 90%.

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JHS Svendgaard Laboratories allots 4.40 lakh equity shares
May 23,2017

JHS Svendgaard Laboratories has allotted 4.40 lakh equity shares on conversion of equivalent convertible warrants on 23 May 2017.

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Bombay Burmah Trading Corporation allots NCDs aggregating Rs 150 crore
May 23,2017

Bombay Burmah Trading Corporation has allotted 1500 secured, redeemable, Non Convertible Debentures of face value of Rs 10 lakh each aggregating Rs 150 crore on private placement basis on 23 May 2017.

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Voltas appoints director
May 23,2017

The Directors of Voltas have at the Board Meeting held on 23 May 2017, approved the appointment of Hemant Bhargava as Additional Director of the Company representing Life Insurance Corporation of India with effect from 23 May 2017.

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Board of Voltas approves proposal for JV with Arcelik
May 23,2017

The Board of Directors of Voltas at its meeting held on 23 May 2017 has approved a proposal to enter into joint venture arrangement with Arcelik A.S, a company incorporated in Istanbul, Turkey, for establishing a joint venture company, to tap the fast growing consumer durables market in India. The proposed JVC to be incorporated would be engaged in the business of refrigerators, washing machines, microwaves and other white goods/ domestic appliances in India.

The JVC will have an equity capital of USD 100 million, and Tata Investment Corporation (TICL) and Kon++ Holding (KOn++) will also hold 1% equity stake each, in the new Joint Venture.

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Outcome of board meeting of Frontier Informatics
May 23,2017

The Board of Directors of Frontier Informatics at its meeting held on 23 May 2017 transacted the following -

In the matter of Reduction of capital, the Benepose Reports as of 15th May, 2017, the record date, and detailed workings relating to allotment of shares in accordance with the Scheme for Reduction of Capital approved by Honble High Cort of Teleangana and Andhra Pradesh, are placed before the Board and the Board have approved the list of share holders, who will be issued with new shares as per the said scheme.

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Indo-Global Enterprises appoints company secretary
May 23,2017

Indo-Global Enterprises has appointed CS Khushboo, as a Company Secretary and Key Managerial Person and further as a Compliance Officer of the company at the Board Meeting held on 22 May 2017.

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