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Veejay Lakshmi Engineering Works to hold board meeting
Jul 24,2017

Veejay Lakshmi Engineering Works will hold a meeting of the Board of Directors of the Company on 10 August 2017, to consider and approve the un-audited financial results of the company for the quarter ended 30 June 2017

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IRB Infrastructure Developers to hold AGM
Jul 24,2017

IRB Infrastructure Developers announced that the 19th Annual General Meeting (AGM) of the company will be held on 23 August 2017.

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Beekay Steel Industries to table results
Jul 24,2017

Beekay Steel Industries will hold a meeting of the Board of Directors of the Company on 12 August 2017, to approve the Un-audited Financial Results for the quarter ended 30.06.2017.

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Pilani Investment & Industries Corp. schedules AGM
Jul 24,2017

Pilani Investment & Industries Corp. announced that the 70th Annual General Meeting (AGM) of the company will be held on 24 August 2017.

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Lakshmi Automatic Loom Works announces board meeting date
Jul 24,2017

Lakshmi Automatic Loom Works will hold a meeting of the Board of Directors of the Company on 9 August 2017, to approve the Unaudited Financial Results for the Quarter ended

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Asia Pack to announce Quarterly Result
Jul 24,2017

Asia Pack will hold a meeting of the Board of Directors of the Company on 1 August 2017, to approve the unaudited financial results of the Company under lndAS for the quarter ended 30 June 2017 along with the Limited Review Report

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Diamond Power Infrastructure schedules board meeting
Jul 24,2017

Diamond Power Infrastructure will hold a meeting of the Board of Directors of the Company on 10 August 2017

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Mindteck (India) announces resignation of CFO
Jul 24,2017

Mindteck (India) announced that Anand Balakrishnan has resigned from the position of CFO of the Company effective from 21 July 2017 and Company has accepted his resignation and appreciated his contributions and commitments as CFO of the Company.

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Steel Authority of India announces board meeting date
Jul 24,2017

Steel Authority of India will hold a meeting of the Board of Directors of the Company on 11 August 2017, to approve the Unaudited Financial Results of the Company for the quarter ended 30th June 2017.

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Excel Industries to announce Quarterly Result
Jul 24,2017

Excel Industries will hold a meeting of the Board of Directors of the Company on 3 August 2017, to approve the Unaudited Financial Results of the Company for the quarter ended 30th June, 2017.

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Mangalore Refinery And Petrochemicals to convene AGM
Jul 24,2017

Mangalore Refinery And Petrochemicals announced that the 29th Annual General Meeting (AGM) of the company will be held on 19 August 2017.

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Classic Leasing & Finance schedules board meeting
Jul 24,2017

Classic Leasing & Finance will hold a meeting of the Board of Directors of the Company on 31 July 2017, to consider and to take on record the Un-Audited Financial Results of the Company for the quarter ended 30 June 2017

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Board of Zee Entertainment Enterprises approves composite scheme of arrangement and amalgamation
Jul 24,2017

The Board of Directors of Zee Entertainment Enterprises at its meeting held on 24 July 2017 has approved a proposal for restructuring of businesses of certain domestic wholly owned subsidiaries through a composite scheme of arrangement and amalgamation inter alia for

- Demerger of Digital Media and Entertainment Business undertaking from Zee Digital Convergence, vesting with the Company.

- Demerger of Advertising Sales Media Business undertaking from Zee Unimedia, vesting with the Company.

- Demerger of Online Media Business undertaking from India Webportal, vesting with the Company.

- Amalgamation of Sarthak Entertainment with the Company, with effect from appointed date of 01 April 2017.

Since the Corportate Restructuring involves the Company and its wholly owned subsidiaries, the Scheme does not provide any consideration for the demerger / amalgamation proposed in the scheme.

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PPP Projects at Mormugao Port Trust
Jul 24,2017

The Mormugao Port Trust has two PPP projects under operation. These are (i) Multipurpose General Cargo Berth at Berth No. 5 & 6 operated by South West Port Ltd. and (ii) Coal Handling Terminal at Berth No. 7 operated by Adani Mormugao Port Terminal Pvt. Ltd. The outlay of each project is as follows:

S.No

Project

Project Cost

(i)

Multipurpose General Cargo Berth at Berth No. 5 & 6

Rs. 245 Cr.

(ii)

Coal Handling Terminal at Berth No. 7

Rs. 406 Cr.

The nature of agreement and main clauses under the PPP

S.No.

Project

Nature of Agreement

Main Clause

(i)

Multipurpose General Cargo Berth at Berth No. 5 & 6

License Agreement

i.        Minimum Guarantee Throughput (MGT) of 5 MMTPA effective from 66th month onwards from the date of handing over of the Licensed Premises.
ii.      Revenue share of 18% on gross revenue.

(ii)

Coal Handling Terminal at Berth No. 7

Concession Agreement

i. MGT fixed for the concessionaire is as under:
Year 1      0.8 MMTPA
Year 2      1.1 MMTPA
Year 3      1.4 MMTPA
Year 4      1.7 MMTPA
Year 5      2.0 MMTPA
onwards
ii. Revenue share of 20% on gross revenue.

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Outcome of board meeting of Zee Entertainment Enterprises
Jul 24,2017

Zee Entertainment Enterprises announced that the Board of Directors of the Company at its meeting held on 24 July 2017 has transacted the following -

Approved the appointment of Bharat Kedia as CFO of the Company with effect from 01 August 2017 in place of Mihir Modi, who will be moving to new roles in the Company.

Approved allotment of 39,49,105 6% Unlisted Cumulative Redeemable Non Convertible Preference Shares of Rs 10 each to the equity and preference shareholders of Reliance Big Broadcasting, Big Magic and Azalia Broadcast in pursuance of a composite scheme of arrangement.

The Board has also approved a corporate restructuring proposal relating to domestic subsidiaries of the Company.

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