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Grasim Industries allots 25,080 equity shares
Apr 06,2017

Grasim Industries has allotted 25,080 equity shares of Rs 2 each of the Company under ESOSs. Consequent to the above allotment, the equity share capital of the Company stands increased to 46,68,62,190 equity shares of Rs 2 each aggregating to Rs 93.37 crore.

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CSL Finance gets reaffirmation of ratings for enhanced bank facilities
Apr 06,2017

CSL Finance announced that CARE Ratings has reviewed the enhanced bank facilities of the Company and have reaffirmed their ratings of CARE BBB; Stable.

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Power Grid Corporation of India enters into loan agreement with Asian Development Bank
Apr 06,2017

Power Grid Corporation of India has entered into loan agreement with Asian Development Bank on 05 April 2017 for an amount of USD 225 million (including USD 50 million as Clean Technology Fund) for part of its transmission projects associated with Solar Power Parks.

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Capital First allots NCDs aggregating Rs 500 crore
Apr 06,2017

Capital First announced that the Debenture Committee vide Resolution passed by Circulation on 05 April 2017 has inter - alia approved allotment of 5000 NCDs having Face Value of Rs. 10,00,000 each. The said NCDs shall be listed on National Stock Exchange of India

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Amrapali Fincap announces resignation of company secretary and compliance officer
Apr 06,2017

Amrapali Fincap announced that Chinmay Methiwala has resigned from the post of Company Secretary and Compliance officer of the Company w.e.f. 05 April 2017.

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HDFC Bank grants 1,68,65,850 equity stock options
Apr 06,2017

HDFC Bank has granted 1,68,65,850 equity stock options of the face value of Rs. 2/- (options) each to the eligible employees of the Bank at the grant price of Rs. 1433.20

Under the current Scheme, 7,01,600 options are being granted to Aditya Puri, Managing Director, 3,19,000 options to Paresh Sukthankar, Deputy Managing Director and 2,32,000 options to Kaizad Bharucha, Executive Director, all subject to the approval of the Reserve Bank of India. The options were granted under the Scheme titled ESOS 27 in terms of SEBI (Share Based Employee Benefits) Regulations, 2014.

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Keynote Corporate Services announces change in directorate
Apr 06,2017

Keynote Corporate Services announced that Vineet Suchanti has resigned as Managing Director of the Company with immediate effect. He will continue to be a Non-Executive Director of the Company.

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Firstsource Solutions allots 92,775 Equity shares
Apr 06,2017

Firstsource Solutions has allotted 92,775 Equity shares of Rs.10/- each bearing distinctive numbers 681,215,563 to 681,308,337 on 24 March 2017, under Employee Stock Option Scheme 2003 of the Company. Consequent to the said allotment, the paid up capital of the Company has increased to Rs. 6,813,083,370 consisting of 681,308,337 Equity shares of Rs.10/- each

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Jindal Steel & Power provides performance update
Apr 06,2017

Jindal Steel & Power announced that it has achieved production and sales of over 4.8 Million Tonne in FY 2016-17. Jindal Shadeed Oman clocked highest ever production and sales, by recording an over 20% risein Production and over 17% rise in Sales. Jindal Shadeed produced over 1.33 Million Tonnes of Steel and recorded Sales of over 1.31 Million Tonnes during FY 2016-17.

JSPL Consolidated 4Q FY 2016-17 Performance -

JSPLs Q4 consolidated Steel Production at 1.3 Million Tonne, recorded 12.3% Quarter-on-Quarter rise.

JSPLs Q4 consolidated Steel Sales at 1.34 Million Tonne, recorded 11.2%Quarter-on-Quarter rise.

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JSW Steel to issue fixed rate senior unsecured notes
Apr 06,2017

JSW Steel announced that finance committee of the Company has approved the issuance of fixed rate senior unsecured notes aggregating USD 500 million and has approved the pricing, tenure and other terms of the notes. The proceeds of the notes will be used by the Company to repay external commercial borrowing loans, for capital expenditure or any other purpose in accordance with the ECB regulations. The date of allotment is 12 April 2017 and maturity date is 13 April 2022. The notes will be listed on the Singapore Exchange Securities Trading.

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Canada Pension Plan Investment Board and Phoenix Mills announce strategic investment platform
Apr 06,2017

Canada Pension Plan Investment Board and Phoenix Mills announced participation in a strategic investment platform, Island Star Mall Developers, to develop, own and operate retail-led mixed use developments across India.

CPPIB will initially own 30% of the platform with an equity investment of approximately Rs 724 crore. CPPIB plans to invest approximately Rs 1600 crore, in multiple tranches, to own up to a 49% stake in the platform. Pre-money enterprise value of ISMDPL is pegged at approximately Rs 2200 crore.

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Man Infraconstruction launches 1st phase of MHADA Land Redevelopment Project
Apr 06,2017

Man Infraconstruction announced the launch of First Phase of MHADA Land Redevelopment Project located at Ghatkopar East, Mumbai by its SPV namely MICL Realty LLP; wherein Man Infraconstruction is holding 46% interest. The Project comprises of about 152 apartments of 1BHK, 2BHK and 3BHK. In pre-launch, the Company has booked about 60% apartments valuing approx. Rs. 125 crore.

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Union Bank of Indian receives Rs 541 crore from Govt. of India
Apr 05,2017

Union Bank of Indian announced that the Bank has received a sum of Rs. 541 crore as capital infusion in the form of share application money from the Government of India for the said preferential allotment of Equity Shares on 31 March 2017. Allotment of the Equity Shares to Government of India will be done on receipt of approval of Central Government under section 3(2-B)(c) of the Banking Companies (Acquisition and Transfer of Undertaking) Act, 1970.

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Board of Anka India approves issuance of 82,47,474 convertible warrants
Apr 05,2017

Anka India announced that the Board of Directors of the Company at its meeting held on 05 April 2017 has approved the issuance of 82,47,474 warrants convertible into equity shares within a period not exceeding 18 months from the date of allotment on preferential basis.

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Board of International Travel House appoints CFO
Apr 05,2017

International Travel House announced that the Board of Directors of the Company at its meeting held on 05 April 2017 have appointed Ajay Kumar, as Chief Executive Officer (CEO) of the Company effective 5 April 2017 and Ghanshyam Arora has stepped down as Manager of the Company with immediate effect.

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