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Acrysil hikes stake in UK based kitchen sinks distribution company Homestyle Products
Feb 08,2017

Acrysil and its UK subsidiary, Acrysil UK has entered into a definitive agreement for the acquisition of UK based kitchen sinks distribution company Homestyle Products for a gross enterprise value (100% stake) at Pound Sterling 2.8 million (Rs 27.3 crore) on a debt free cash free basis on completion of the acquisition. Acrysil had acquired 87% of the share capital in Homestyle Products through its wholly owned subsidiary Acrysil UK.

With the acquisition of 8% equity stake of Homestyle Products through its wholly owned subsidiary Acrysil UK, the total stake of Acrysil through Acrysil UK in Homestyle Products has increased to 95%.

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Kapashi Commercial standalone net profit rises 27.27% in the December 2016 quarter
Feb 08,2017

Net profit of Kapashi Commercial rose 27.27% to Rs 0.14 crore in the quarter ended December 2016 as against Rs 0.11 crore during the previous quarter ended December 2015. Sales rose 11.76% to Rs 0.19 crore in the quarter ended December 2016 as against Rs 0.17 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales0.190.17 12 OPM %84.2188.24 - PBDT0.160.15 7 PBT0.160.15 7 NP0.140.11 27

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Rupee edges up
Feb 08,2017

Rupee closed higher at 67.1950/2050 per dollar on Wednesday (08 February 2017), versus its previous close of 67.41/42 per dollar.

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Board of Foseco India recommends final dividend for FY 2016
Feb 08,2017

Foseco India announced that the Board of Directors of the Company at its meeting held on 08 February 2017, inter alia, has recommended payment of a final dividend of Rs. 7/- per equity share (70%) on a paid-up equity share of Rs. 10/- each, for the financial year ended 31 December 2016. The final dividend is subject to approval of the Shareholders at the forthcoming Annual General Meeting of the Company.

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Board of HealthCare Global Enterprises allots equity shares under ESOP
Feb 08,2017

The Board of Directors of HealthCare Global Enterprises at its meeting held on 08 February 2017 has decided to issue and allot 6.37 lakh equity shares of the Company under ESOS 2014 of the Company.

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Sharp India appoints CFO
Feb 08,2017

Sharp India announced that Sunil K. Sane has been appointed as the Chief Financial Officer of the Company with effect from 08 February 2017.

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Sanmit Infra announces change in CIN
Feb 08,2017

Sanmit Infra announced that Registrar of Companies pursuant to the members approval as per section 13 of the Companies Act, 2013 approved the change of Registered Office of the Company from the state of Tamil-Nadu to the state of Maharashtra for which into CIN of the company has been changed from L70109TN2000PLC044664 to L70109MH2000PLC288648.

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Outcome of board meeting of NRB Bearings
Feb 08,2017

NRB Bearings announced that the Board of Directors of the Company at its meeting held on 08 February 2017, inter alia, has transacted the following:

1. Subject to consent of the Members of the Company, Board approved a further issue of Unsecured, Listed, Redeemable, Non Convertible Debentures not exceeding Rs. 100 crores on private placement basis;

2. The Board decided to consider inter-alia interim dividend for F.Y. 2016-17 and has scheduled its meeting on Monday, 13 February 2017 at 11.00 a.m..

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Board of Viaan Industries decides to acquire YO-YO Frozen Yogurt
Feb 08,2017

The Board of Directors of Viaan Industries at its meeting held on 08 February 2017 has decided to acquire the running business of YO-YO Frozen Yogurt for the cash consideration of Rs 14 lakhs.

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Board of SKF India to consider buyback of shares along with Q3 results
Feb 08,2017

SKF India announced that at the meeting of the Board of Directors scheduled to be held on 13 February 2017, the Board will also consider a proposal for Buy-back of equity shares of the Company along with Unaudited Financial Results for the third quarter and nine months ended 31 December 2016.

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RattanIndia Infrastructure announces change in CFO
Feb 08,2017

RattanIndia Infrastructure announced that Arun Chopra has been appointed as the Chief Financial Officer of the Company with effect from 08 February 2017 in place of Samir Taneja who has resigned as the Chief Financial Officer of the Company from the said date.

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Manappuram Finance to pay interim dividend
Feb 08,2017

Manappuram Finance announced that interim dividend will be paid on or before 09 March 2017.

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Board of Manappuram Finance declares interim dividend
Feb 08,2017

Manappuram Finance announced that the Board of Directors of the Company at its meeting held on 08 February 2017, inter alia, has declared an interim dividend of 50 paise (Fifty Paise) per equity share of Rs. 2 each.

Further Dividend Warrants / At Par Cheques will be dispatched on or before 09 March 2017.

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Manappuram Finance fixes record date for interim dividend
Feb 08,2017

Manappuram Finance has fixed 18 February 2017 as the Record Date for the purpose of Payment of Interim Dividend.

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Board of Cipla deliberates further on proposal for fund raising
Feb 08,2017

Cipla announced that the Board of Directors at their meeting held on 08 February 2017 has further deliberated on the proposal relating to fund raising and has decided to seek approval of the shareholders in future at an appropriate time depending upon the funding requirements and investment opportunities.

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