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Shares of Relstruct Buildcon get listed
Apr 05,2017

The equity shares of Relstruct Buildcon (Scrip Code: 540426) are listed effective 05 April 2017 and admitted to dealings on the Exchange in the list of M Group Securities.

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Shares of Shankara Building Products get listed
Apr 05,2017

The equity shares of Shankara Building Products (Scrip Code: 540425) are listed effective 05 April 2017 and admitted to dealings on the Exchange in the list of B Group Securities.

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Tata Teleservices (Maharashtra) gets revision in credit ratings
Apr 04,2017

Tata Teleservices (Maharashtra) announced that CARE has revised the credit ratings of various credit facilities of the Company as under -

Long term bank facilities (Rs 5433 crore) - CARE A-/ Negative (Revised from CARE A)

Bank facilities fund based LT cash credit (Rs 140 crore) - CARE A-/ Negative (Revised from CARE A)

Bank facilities non fund based ST -BG (Rs 1005 crore) - CARE A2+ (Revised from CARE A1)

Bank facilities fund based ST- term loan (Rs 550 crore) - CARE A2+ (Revised from CARE A1)

Bank facilities - proposed (Rs 98 crore) - CARE A-/ Negative / CARE A2+ (Revised from CARE A / CARE A1)

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Foseco India to hold AGM
Apr 04,2017

Foseco India announced that the 60th Annual General Meeting(AGM) of the company on 27 April 2017.

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Ashok Leyland announces sales figures
Apr 04,2017

Ashok Leyland has reported total sales of 18,682 units in March 2017 compared to 16,702 units in March 2016, recording a growth of 12%. For the period, April - March 2017, total sales stood higher by 3% at 145,066 units compared to corresponding period of previous year.

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Mahindra & Mahindra provides update on BS III vehicles inventory
Apr 04,2017

Mahindra & Mahindra announced that the total inventory of BS-III Vehicles that the Company had before the Supreme Court verdict was worth little over Rs.2,000 crore and the Company has been able to remove more than half of it at a discount of upto 15%. The Company and industry has incurred a loss because of the heavily discounted sale that it had to do on 30 March and 31 March 2017.

The Company still has an inventory of approximately 18,000 BS-III vehicles (two wheelers to trucks). The Company may be able to export some of these vehicles which will not incur much of a cost; and convert some of these vehicles to BS-IV, which will have a cost of as little as Rs.3,000-4,000 for some of the Small Commercial Vehicles to as much as Rs.2,00,000 for HCVs. Some of the vehicles can neither be exported nor converted to BS-IV.

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Elantas Beck India to hold AGM
Apr 04,2017

Elantas Beck India announced that the th Annual General Meeting(AGM) of the company on 10 May 2017.

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Bank of India to hold EGM
Apr 04,2017

Bank of India announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 4 May 2017 .

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Gopala Polyplast to hold board meeting
Apr 04,2017

Gopala Polyplast will hold a meeting of the Board of Directors of the Company on 4 April 2017.

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SPS International to hold board meeting
Apr 04,2017

SPS International will hold a meeting of the Board of Directors of the Company on 4 April 2017.

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Ujaas Energy receives work order from MPUVN
Apr 03,2017

Ujaas Energy has received work order from Madhya Pradesh Urja Vikas Nigam (MPUVN) for erection, installation, completion and commissioning of Grid Connected Rooftop SPV Power Plants of aggregating capacity of 425 kwp in Madhya Pradesh.

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SEAMEC announces cessation of director
Apr 03,2017

SEAMEC announced that tenure of Captain C.J. Rodricks, as Managing Director ended on close of business hours on 31 March 2017.

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Board of Saraswati Commercial (India) take on record NCLT approval for scheme of amalgamation
Apr 03,2017

Saraswati Commercial (India) announced that the Board of Directors at its meeting held on 03 April 2017

01. Take on record the Order received from NCLT Sanctioning the scheme of Amalgamation between Aroni Commercials with Saraswati Commercial (India) and its effects;

02. Fixing the record date as 14 April, 2017, for determining the list of the equity shareholders of Aroni Commercials to whom the equity of the Saraswati Commercial (India) will be issued as per terms of Scheme of Amalgamation.

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Board of Aroni Commercials takes on record NCLT approval for scheme of amalgamation
Apr 03,2017

Aroni Commercials announced that the Board of Directors at its meeting held on 03 April 2017 has considered and approved the following:

01. Take on record the Order received from NCLT Sanctioning the scheme of Amalgamation between Aroni Commercials with Saraswati Commercial (India) and its effects;

02. Fixing the record date as 14 April 2017, for determining the list of the equity shareholders of Aroni Commercials to whom the equity of the Saraswati Commercial (India) will be issued as per terms of Scheme of Amalgamation.

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Cox & Kings and State Bank of India enter into distribution alliance
Apr 03,2017

State Bank of India announced pilot launch of a distribution alliance with Cox & Kings for sale of travel prepaid cards in India. This partnership will help marketing of Travel prepaid card available in eight currencies (US Dollar, GBP, Euro, Singapore Dollars, Japanese Yen, Canadian Dollars, Australian Dollars and Saudi Riyadh) and will currently target the corporate customers of the bank.

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