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Archidply Industries announces change in directorate
Feb 15,2017

Archidply Industries announced that the Board of Directors in their meeting held on 14 February 2017 has approved the following changes in the designation of Directors:

1. Rajiv Daga, presently Joint Managing Director & CEO changed to Managing Director & CEO.

2. Shyam Daga, presently Managing Director & CFO changed to Executive Director.

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Archidply Industries announces resignation of CFO
Feb 15,2017

Archidply Industries announced that Shyam Daga, Chief Finance Officer of the Company, has tendered his resignation with effect from the Board Meeting held on 14 February 2017. The Board will announce his successor in due course.

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Lubrizol and Finolex Industries sign FlowGuardn++ processor agreement
Feb 15,2017

Finolex Industries and The Lubrizol Corporation, manufacturers of CPVC compound, announced the signing of FlowGuardn++ processor agreement for the manufacturing and sale of Finolex FlowGuardn++ Plus Pipes and Fittings in India. The product will be launched in the market by Finolex Industries in the last week of March 2017 and will cater to the building and construction industry.

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Subros commences supplies of ECM Assy
Feb 15,2017

Subros announced that last year the Company had entered into entrusted production contract with Denso for Engine Cooling Module (ECM Assy). Subros has restarted production of ECM Assy (Radiator manufacturing at Noida plant and ECM Assy at Manesar plant. New lines and enhanced capacities have been set up in line with customers requirement.

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Sanghi Industries gets credit ratings
Feb 15,2017

Sanghi Industries has received upgradation in credit ratings from ICRA as under -

Long term fund based - cash credit (Rs 185 crore) - ICRA A- (Revised from ICRA BBB)

Short term non fund based limits (Rs 15 crore) - ICRA A2+ (Revised from A3+)

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Nucleus Software Exports releases latest version of FinnOne Neo collection
Feb 15,2017

Nucleus Software Exports announced the launch of latest version of its award wining lending solution FinnOne Neo Collection.

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ICICI Bank allots 18,435 equity shares
Feb 15,2017

ICICI Bank has allotted 18,435 equity shares of face value of Rs. 2/- each on 13 February 2017 under the Employees Stock Option Scheme, 2000 (ESOS).

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Dynamatic Technologies and Israel Aerospace Industries sign cooperation agreement
Feb 15,2017

Dynamatic Technologies and Israel Aerospace Industries announced their cooperation to jointly address the needs of the Indian UAV market. Both companies have signed a cooperation agreement regarding production, assembly and support of mini UAVs in India, at the Aero India exhibition in Bangalore.

The agreement encompasses the transfer of technology and production capabilities from IAI to DTL to enable the indigenous capability for mini UAV systems for the benefit of Indian end users and in support of the Governments Make in India initiative.

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TCI Industries allots Non-Convertible Redeemable Preference Shares
Feb 15,2017

TCI Industries announced that pursuant to the Members approval accorded in their Annual General Meeting held on 02 August 2016, the Share Allotment Committee of the Board of Directors of the Company at its meeting held on 15 February 2017 has issued and allotted 33,314, 0% Non-Convertible Redeemable Preference Shares (NCRPS) of Face Value of Rs. 100/- (Rupees Hundred only) each at a premium of Rs. 300/- (Rupees Three Hundred only) each to the entities belonging to the Promoter & Promoter Group of the Company.

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CESC to pay interim dividend
Feb 15,2017

CESC announced that interim dividend for FY 2017 will be paid on and from 06 March 2017.

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KZ Leasing & Finance intimates of new website
Feb 15,2017

KZ Leasing & Finance has started maintaining its new functional Website namely www.kzgroup.in, which contains basic information about the listed entity.

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Transformers & Rectifiers India to hold EGM
Feb 15,2017

Transformers & Rectifiers India announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 10 March 2017 .

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MIRC Electronics to hold EGM
Feb 15,2017

MIRC Electronics announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 29 March 2017 .

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DLF provides update on CCPS sale transaction
Feb 15,2017

DLF announced that the Company had intimated on 08 October 2015 that the Board of Directors of the Company had approved the proposal for promoter group companies namely Rajdhani Investments & Agencies, Buland Consultants and Investments, Sidhant Housing and Development Company (n++CCPS Holdersn++) to sell 15,96,99,999 Cumulative Compulsorily Convertible Preference Shares (n++CCPSn++) of DLF Cyber City Developers (n++DCCDLn++) (which would result in 40% equity shareholding in DCCDL upon conversion of the CCPS) to unrelated third party investor(s) (the n++CCPS Sale Transactionn++) subject to certain conditions.

Since the conclusion of CCPS Sale Transaction may not consummate by 18 March 2017 which being the last date of conversion of CCPS, the CCPS Holders have conveyed to DCCDL and the Company that they are agreeable for extension in conversion of CCPS for one more year i.e., until 18 March 2018 at the existing dividend rate/coupon rate of 0.01% per annum. Accordingly, the Board based on the recommendations of the Audit Committee, accorded its consent for the said extension being the 100% equity shareholder of DCCDL.

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Gitanjali Gems provides update on subsidiary - Gitanjali Infratech
Feb 15,2017

Gitanjali Gems announced that Gitanjali Infratech, a wholly owned subsidiary of the Company has acquired 100% equity shares of Dynamic Infrazone for the purpose of setting up and developing Gems and Jewellery Park in the state of Orissa.

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