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Pennar Industries to sell its stake in subsidiary Pennar Renewables
Aug 11,2017

Pennar Industries has agreed to enter into an agreement to sell its stake in its subsidiary Pennar Renewables to Greenko Solar Energy. Once the sale of transaction completes, debt of the company reduces by around Rs. 101 crore from its consolidated Balance Sheet. The proceeds from the sale of transaction will be used by the company to expand its product base and addressable markets.

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Oil & Natural Gas Corpn announces appointment of nominee director
Aug 11,2017

Oil & Natural Gas Corpn announced that Rajiv Bansal, IAS, Additional Secretary & Financial Adviser, Ministry of Petroleum & Natural Gas, has been nominated as a Government Nominee Director on the Board of the Company.

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Board of Indo Count Industries approves setting up subsidiary in UAE
Aug 11,2017

The Board of Indo Count Industries at its meeting held on 10 August 2017 has inter- alia approved the setting up of a Wholly Owned Subsidiary in United Arab Emirates (UAE) towards promotion of business in UAE and MENA countries.

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Zydus Cadila receives tentative approval for Mesalamine Suppositories
Aug 11,2017

Zydus Cadila has received the tentative approval from USFDA to market Mesalamine Suppositories for rectal use, 1000 mg. Mesalamine is used to treat an inflammatory bowel disease, such as ulcerative colitis. It will be produced at the groups Topical Plant at Ahmedabad.

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Osiajee Texfab appoints company secretary and compliance officer
Aug 11,2017

Osiajee Texfab has appointed Vaibhavi Shah as Company Secretary and Compliance Officer of the Company.

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Blue Coast Hotels director resigns
Aug 11,2017

Blue Coast Hotels announced that Seema Joshi, Non-Executive Woman Independent Director of the Company, has tendered her resignation with effect from close of business hour of 15 July, 2017.

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Lupin appoints Chairman
Aug 11,2017

The Board of Directors of Lupin on 10 August 2017 has appointed Manju Deshbandhu Gupta as Chairman.

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Outcome of board meeting of Cybermate Infotek
Aug 11,2017

The Board of Directors of Cybermate Infotek at its meeting held on 11 August 2017 has approved the following -

The expansion of overseas operations of the company either through a Subsidiary or through a Joint Venture for carrying on IT & ITES related business in one or more countries.

To raise additional funds by way of QIP/FCCBs/GDRs/ADRs/Other convertible instruments as per SEBI regulations and FEMA guidelines upto USD 20 Million.

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Board of Ganesh Housing Corporation allots 14655 equity shares under ESOP
Aug 11,2017

Ganesh Housing Corporation announced that the Board of Directors of the Company at its meeting held on 11 August 2017 has approved the allotment of 14655 equity shares under ESOP. Post the allotment, the paid up share capital of the Company has increased to Rs 49.15 crore.

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Board of Kwality approves fund raising up to Rs 1500 cr
Aug 11,2017

The Board of Kwality at its meeting held on 11 August 2017 has approved raising funds in India or in foreign markets by way of public or private offer including QIP for an amount not exceeding Rs 1500 crore.

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Board of Svaraj Trading & Agencies approves change in company secretary and compliance officer
Aug 11,2017

The Board of Svaraj Trading & Agencies at its meeting held on 11 August 2017 has approved change in Company Secretary as under -

Took note of resignation of Vaibhavi Shah as Company Secretary and Compliance Officer

Approved appointment of Anita Jaiswal as as Company Secretary and Compliance Officer.

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Board of Amber Fabrics approves change in directorate
Aug 11,2017

The Board of Amber Fabrics at its meeting held on 11 August 2017 has appointed Goutam Podder as Additional Director and Whole-time Director and CFO and accepted the resignation of Ajay Kumar Sinha as Whole-time Director and CFO of the Company w.e.f. 11 August 2017.

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Asian Granito India to convene AGM
Aug 11,2017

Asian Granito India announced that the Annual General Meeting (AGM) of the company will be held on 21 September 2017.

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Enkei Wheels (India) schedules EGM
Aug 11,2017

Enkei Wheels (India) announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 4 September 2017 .

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Bajaj Hindusthan Sugar to hold AGM
Aug 11,2017

Bajaj Hindusthan Sugar announced that the Annual General Meeting (AGM) of the company will be held on 15 September 2017.

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