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PNC Infratech declated LI Bidder for two NHAI projects
Mar 24,2017

PNC Infratech has been declared the L1 (lowest) bidder in the following two (2) hybrid annuity highway projects of NHAI for an aggregate Bid Project Cost (BPC) of Rs. 2720.0 crore.

Projects details are as follows -

Four laning Jhansi-Khajuraho section of NH 75/76 (Package I) from km 0.00 to km 76.30 in the states of UP & MP under NHDP III to be executed on Hybrid Annuity Mode for a Bid Project Cost of Rs. 1410.0 crore.

Four laning Jhansi-Khajuraho section of NH 75/76 (Package II) from km 76.30 to km 161.70 in the states of UP & MP under NHDP III to be executed on Hybrid Annuity Mode for a Bid Project Cost of Rs. 1310.0 crore.

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SREI Infrastructure Finance provides update on buyback of Long Term Infrastructure Bonds
Mar 24,2017

SREI Infrastructure Finance has completed a first tranche of buyback process of Long Term Infrastructure Bonds on 23 March, 2017 (Buyback date), in terms of Shelf Prospectus and Tranche 1 Prospectus both dated 28 December, 2011 and as approved by the Board of Directors at their meeting held on 6 August 2016.

The proposed buyback is for 24,88,856 Long Term Infrastructure Bonds with face value of Rs 1000 each.

Actual Long Term Infrastructure Bonds bought back is 44,866 with face value of Rs 1000 each.

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Shriram Transport Finance Company allots NCDs aggregating Rs 600 crore
Mar 24,2017

Shriram Transport Finance Company announced that the Allotment Committee - NCDs of the Company in its meeting held on 23 March 2017, approved and allotted 6000 Partly paid Secured Redeemable Rated Listed Non-Convertible Debenture of face value of Rs.10,00,000/- (Rupees Ten Lakh only) each, on private placement basis

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Electrosteel Castings gets ratings assigned for NCDs
Mar 24,2017

Electrosteel Castings announced that Infomerics Valuation and Rating has assigned the following credit rating to the debt instruments of the Company on 23 March 2017:

Debt Instrument Rating Assigned Non-Convertible Debenture of Rs.125 crore - IVR A [Pronounced IVR single A] (Outlook: Stable) which indicates adequate degree of safety regarding timely servicing of financial obligations.

Non-Convertible Debenture of Rs.75 crore - IVR A [Pronounced IVR single A] (Outlook: Stable) which indicates adequate degree of safety regarding timely servicing of financial obligations.

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Almirall and Sun Pharma announce regulatory filing of Tildrakizumab
Mar 24,2017

Almirall S.L and Sun Pharmaceutical Industries announced on 24 March 2017 the validation of the Regulatory Filing of tildrakizumab with the European Medicines Agency (EMA) by Almirall. Tildrakizumab is an investigational IL-23p19 inhibitor being evaluated for the treatment of moderate-to-severe plaque psoriasis.

The filing includes efficacy and safety data from the pivotal Phase III clinical trials (reSURFACE 1 and 2) that included over 1,800 patients across more than 200 clinical sites.

In July 2016, Almirall entered into a licensing agreement with Sun Pharma for the development and commercialization of tildrakizumab for psoriasis in Europe. Under the terms of the signed agreement, Sun Pharma will continue to lead other indications, for which Almirall will have the right to primary negotiation. In addition, Almirall will be able to lead European studies, and participate in larger Global clinical studies forpsoriasis.

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Power Grid Corporation of India provides update on Champa-Kurukshetra Transmission Line
Mar 24,2017

Power Grid Corporation of India announced that 1500 MW, Pole I of +/-800kV HVDC Champa-Kurukshetra Transmission Line has been put into commercial operation with effect from 24 March 2017 at 00.00 hours.

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Tinplate Company of India announces cessation of director
Mar 24,2017

Tinplate Company of India announced that Ashok Kumar Basu, an Independent Director on the Companys Board, has completed his tenure as Director of the Company on 23 March 2017. In view of the above, Basu ceases to be Director of the Company with effect from 24 March 2017.

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Lypsa Gems & Jewellery receives order worth Rs 15.5 cr
Mar 24,2017

Lypsa Gems & Jewellery has received an order of Rs 15.5 crore to supply diamonds and diamond studded jewellery to customers in UAE.

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Ashari Agencies fixes record date for bonus issue
Mar 24,2017

Ashari Agencies has fixed 03 April 2017 as the Record Date for the purpose of allotment of Bonus Shares in the proportion of 4 New equity shares for every 1 existing equity share held by members.

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Hexaware Technologies to hold EGM
Mar 24,2017

Hexaware Technologies announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 24 April 2017 .

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Geojit Financial Services to hold board meeting
Mar 24,2017

Geojit Financial Services will hold a meeting of the Board of Directors of the Company on 23 March 2017.

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Viaan Industries to hold board meeting
Mar 24,2017

Viaan Industries will hold a meeting of the Board of Directors of the Company on 29 March 2017.

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Sintex Industries gets NCLT approval for Composite Scheme of Arrangement
Mar 24,2017

Sintex Industries announced that Honble National Company Law Tribunal, Bench at Ahmedabad has sanctioned the Composite Scheme of Arrangement between Syntex Industries, Sintex Plastics Technology, Sintex-BAPL and Sintex Infra Projects and their respective Shareholders and Creditors vide its Order passed on 23 March 2017.

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Asian Oilfield Services secures Rs 108.97 crore worth contract from ONCG
Mar 24,2017

Asian Oilfield Services has received a Letter of Award for contract of 2D Seismic Data acquisition from ONCG for Rs 108.97 crore.

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Lupin allots 46911 equity shares
Mar 24,2017

Lupin has allotted 46911 fully paid up equity shares of Rs. 2/- each. These shares have been allotted upon exercising of options granted to the employees under Stock option plans of the Company. In view of the above, the issued and paid up capital of the Company has been increased to Rs. 90,31,53,738 consisting 45,15,76,869 equity shares of Rs. 2/- each.

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