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Board of Prakash Industries approves issuance of new FCCBs in lieu of April 2015 FCCBs
May 22,2017

The Board of Directors of Prakash Industries at its meeting held on 22 May 2017 has approved the issue of new FCCBs with a tenure of 5 years 1 day in lieu of all its outstanding obligations on the 5.25% April, 2015 FCCBs subject to having obtained all necessary consent, approvals and compliance with all applicable laws and regulations.

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Sunil Hitech Engineers tumbles after weak Q4 earnings
May 22,2017

The result was announced after market hours on Friday, 19 May 2017.

Meanwhile, the S&P BSE Sensex was up 101.97 points or 0.33% at 30,566.89. The S&P BSE Small-Cap index was down 35.82 points or 0.24% at 15,191.25.

On the BSE, 6.45 lakh shares were traded on the counter so far as against the average daily volumes of 7.50 lakh shares in the past one quarter. The stock had hit a high of Rs 14.10 and a low of Rs 13.25 so far during the day.

The stock had hit a record high of Rs 23.43 on 20 October 2016 and a 52-week low of Rs 7.75 on 24 June 2016. It had underperformed the market over the past one month till 19 May 2017, advancing 2.35% compared with the Sensexs 3.85% rise. The scrip had, however, outperformed the market over the past one quarter, gaining 20.84% as against the Sensexs 7.01% rise.

The small-cap company has equity capital of Rs 37.80 crore. Face value per share is Rs 1.

The companys total unexecuted order book stood at Rs 5188.25 crore as on 31 March 2017.

Sunil Hitech Engineers Managing Director Sunil Gutte said that the company intends to continue to grow in both power and non-power business. It is expecting orders in FY 2018 in both the verticals.

Sunil Hitech Engineers is a well established player in engineering procurement construction (EPC) and construction of road & bridges, building works of institutions, hospitals and housing projects, cross country pipeline, civil & mechanical works of power and steel plants, cooling towers, chimneys, etc, also in renewable energy sector.

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Adhiraj Distributors to hold board meeting
May 22,2017

Adhiraj Distributors will hold a meeting of the Board of Directors of the Company on 30 May 2017, to consider and take on record, inter alia, the Audited Financial Results for the quarter and year ended 31st March, 2017.

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Premier Chennai Properties to hold board meeting
May 22,2017

Premier Chennai Properties will hold a meeting of the Board of Directors of the Company on 24 May 2017, to consider and take on record, inter alia, the Audited Financial Results for the quarter and year ended 31st March, 2017.

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K D Trend Wear to hold board meeting
May 22,2017

K D Trend Wear will hold a meeting of the Board of Directors of the Company on 27 May 2017, to consider and take on record, inter alia, the Audited Financial Results for the quarter and year ended 31st March, 2017.

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Richway International Trade to hold board meeting
May 22,2017

Richway International Trade will hold a meeting of the Board of Directors of the Company on 30 May 2017, to consider and take on record, inter alia, the Audited Financial Results for the quarter and year ended 31st March, 2017.

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Madhuban Constructions to hold board meeting
May 22,2017

Madhuban Constructions will hold a meeting of the Board of Directors of the Company on 27 May 2017, to consider and take on record, inter alia, the Audited Financial Results for the quarter and year ended 31st March, 2017.

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Vinayak Vanijya to hold board meeting
May 22,2017

Vinayak Vanijya will hold a meeting of the Board of Directors of the Company on 30 May 2017, to Consider and approve the Audited Financial Results for the quarter and year ended March 31st, 2017 together with the Audit Report.

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Palred Technologies to hold board meeting
May 22,2017

Palred Technologies will hold a meeting of the Board of Directors of the Company on 26 May 2017, to consider and approve i.the Audited Standalone Financial Results of the Company for the fourth quarter and year ending March 31, 2017, and the Audited Consolidated Financial Results of the Company for the fourth quarter and year ending March 31, 2017.

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Shree Renuka Sugars to hold board meeting
May 22,2017

Shree Renuka Sugars will hold a meeting of the Board of Directors of the Company on 29 May 2017, to consider, approve and take on record the Standalone and Consolidated Audited Financial Results of the Company for the quarter/year ended March 31, 2017.

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SRM Energy to hold board meeting
May 22,2017

SRM Energy will hold a meeting of the Board of Directors of the Company on 26 May 2017, for the adoption of audited Financial Statement for the Financial Year 2016-17.

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Nivedita Mercantile And Financing to hold board meeting
May 22,2017

Nivedita Mercantile And Financing will hold a meeting of the Board of Directors of the Company on 26 May 2017, to consider, approve and take on record the Audited Financial Results of the Company for the quarter and year ended on 31st March, 2017.

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Creative Merchants to hold board meeting
May 22,2017

Creative Merchants will hold a meeting of the Board of Directors of the Company on 24 May 2017, to consider and approve annual audited financial results.

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Royal Orchid Hotels to hold board meeting
May 22,2017

Royal Orchid Hotels will hold a meeting of the Board of Directors of the Company on 29 May 2017, to consider and approve the standalone and consolidated audited financial Results of the Company for the quarter / year ended March 31, 2017.

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Axon Ventures to hold board meeting
May 22,2017

Axon Ventures will hold a meeting of the Board of Directors of the Company on 24 May 2017, consider the matter of resignation of Ms. Prajna Naik, from the post of Company Secretary cum compliance officer of the company.

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