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Ravindra Energy to hold board meeting
Oct 25,2016

Ravindra Energy will hold a meeting of the Board of Directors of the Company on 11 November 2016 to consider, approve and take on records the Un-audited Financial Results for the quarter/half year ended September 30, 2016.

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Kkalpana lndustries (India) to hold board meeting
Oct 25,2016

Kkalpana lndustries (India) will hold a meeting of the Board of Directors of the Company on 14 November 2016 to consider and approve the Un-audited Financial Results along with Limited Review Report of the Statutory Auditors thereon of the company for the 02nd quarter ended on September 30, 2016.

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Siddha Ventures to hold board meeting
Oct 25,2016

Siddha Ventures will hold a meeting of the Board of Directors of the Company on 4 November 2016.

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KGN Industries to hold board meeting
Oct 25,2016

KGN Industries will hold a meeting of the Board of Directors of the Company on 27 October 2016 To appoint Mr. Ismail Memon as an Additional Director of the Company.

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Vantage Corporate Services to hold board meeting
Oct 25,2016

Vantage Corporate Services will hold a meeting of the Board of Directors of the Company on 11 November 2016 to consider and approve the Un-audited Financial Results for the quarter ended and six months ended September 30, 2016.

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Modipon to hold board meeting
Oct 25,2016

Modipon will hold a meeting of the Board of Directors of the Company on 3 November 2016 to consider, to take on record the Unaudited Financial Results for the quarter ended September 30, 2016.

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GlaxoSmithkline Consumer Healthcare to hold board meeting
Oct 25,2016

GlaxoSmithkline Consumer Healthcare will hold a meeting of the Board of Directors of the Company on 7 November 2016 to consider and take on record the Unaudited Financial Results for the quarter ended September 30, 2016 (Q2) with Limited Review by Statutory Auditors.

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Cil Securities to hold board meeting
Oct 25,2016

Cil Securities will hold a meeting of the Board of Directors of the Company on 12 November 2016 to consider the Un-audited Financial Results of the Company for the Second Quarter ended on September 30, 2016

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CSL Finance to hold board meeting
Oct 25,2016

CSL Finance will hold a meeting of the Board of Directors of the Company on 3 November 2016 to consider and take on record the Un-Audited Financial Results for the quarter ended on September 30, 2016

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Khator Fibre & Fabrics to hold board meeting
Oct 25,2016

Khator Fibre & Fabrics will hold a meeting of the Board of Directors of the Company on 14 November 2016 Approve and take on record the Un-Audited Financial Results for the quarter and half year ended September 30, 2016.

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Pulsar International to hold board meeting
Oct 25,2016

Pulsar International will hold a meeting of the Board of Directors of the Company on 11 November 2016 to take on record the Unaudited Financial Results for the Quarter ended September 30, 2016.

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Rico Auto Industries to hold board meeting
Oct 25,2016

Rico Auto Industries will hold a meeting of the Board of Directors of the Company on 9 November 2016 to consider, the Unaudited Financial Results for the quarter and half year ended September 30, 2016.

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Kalpena Plastiks to hold board meeting
Oct 25,2016

Kalpena Plastiks will hold a meeting of the Board of Directors of the Company on 14 November 2016 to consider and approve the Un-audited Financial Results along with Limited Review Report of the Statutory Auditors thereon of the Company for the 02nd quarter ended on September 30, 2016.

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Nava Bharat Ventures jumps after stake sale in subsidiary companies
Oct 25,2016

The announcement was made after market hours yesterday, 24 October 2016.

Meanwhile, the BSE Sensex was down 110.23 points, or 0.39%, to 28,068.85.

On BSE, so far 2.64 lakh shares were traded in the counter, compared with average daily volume of 1.55 lakh shares in the past one quarter. The stock hit a high of Rs 144.50 and a low of Rs 139.50 so far during the day. The stock hit a 52-week high of Rs 145.60 on 5 October 2016. The stock hit a 52-week low of Rs 64 on 12 February 2016. The stock had outperformed the market over the past 30 days till 24 October 2016, rising 15.42% compared with 1.71% decline in the Sensex. The scrip had also outperformed the market in past one quarter, rising 11.55% as against Sensexs 0.72% rise.

The small-cap company has equity capital of Rs 35.72 crore. Face value per share is Rs 2.

Nava Bharat Ventures said it successfully completed sale of 100% of the shares of Nava Bharat Lao Energy (NBLE) and thereby its 70% shareholding in Namphak Power Co (NPCL), by Nava Bharat (Singapore) (NBS), Nava Bharat Ventures (NBVL) said in a BSE filing.

NBS has entered into a sale and purchase agreement with Chaleun Sekong Group Sole Co., a company registered and existing under the Laws of the Lao PDR, to sell 100% equity stake in NBLE (wholly owned subsidiary of NBS) and thereby its 70% equity stake in NPCL which has been developing the 150 megawatts (MW) Hydel Power Project in Lao PDR.

According to the statement, NBLE and NPCL have ceased to be the subsidiaries of NBS and Nava Bharat Ventures with immediate effect.

The company said that the transaction was profitable and it not required to invest any more.

On a consolidated basis, net profit of Nava Bharat Ventures declined 32.05% to Rs 29.21 crore on 9.32% decline in net sales to Rs 313.72 crore in Q2 June 2016 over Q2 June 2015.

Nava Bharat Ventures (NBV) is a diversified organization with interests in power generation, ferro alloys, mining and agri-business. The company is in business for nearly four decades and operates in different geographies spanning across India and Africa.

Nava Bharat (Singapore) (NBS), a wholly owned subsidiary of NBV, is the overseas investment arm in various business verticals and geographies.

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Country Club Hospitality & Holidays to hold board meeting
Oct 25,2016

Country Club Hospitality & Holidays will hold a meeting of the Board of Directors of the Company on 3 November 2016 To approve the Sale of certain non-core assets of the Company, subject to the approval of members through Postal Ballot.

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