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Board of Lancer Containers Lines to consider preferential allotment of warrants
Dec 27,2016

Lancer Containers Lines announced that a meeting of the Board of Directors of the Company will be held on 03 January 2017, inter alia, to consider and transact the following business:

- Allotment of warrants entitling equivalent number of equity shares on preferential basis subject to the receipt of application money.

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Board of JSW Energy approves private placement of NCDs up to Rs 750 cr
Dec 27,2016

JSW Energy announced that the Board of Directors of the Company at its meeting held on 27 December 2016 approved raising of long term funds through issuance of redeemable non-convertible debentures upto Rs 750 crore by way of private placement. The issue proceeds would be used for the general corporate purpose, business operations, working capital and repayment of existing debt of the company.

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Board of Prakash Constrowell to consider further issue of capital and fund raising
Dec 27,2016

Prakash Constrowell announced that the Meeting of the Board of Directors of the Company is scheduled to be held on 29 December 2016, inter alia, to consider the following Business:

- Consider and Approve further issue of capital and raising funds by suitable options.

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Advance Syntex fixes record date for bonus issue
Dec 27,2016

Advance Syntex has fixed 05 January 2017 as the Record Date for the purpose of issue of Bonus Shares in the ratio of 3:20 (i.e. Three equity shares held for every Twenty equity shares held) of Rs. 10/- (Rupees Ten Only) each.

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Board of Ras Resorts & Apart Hotels to consider December quarter results
Dec 27,2016

Ras Resorts & Apart Hotels announced that the Meeting of the Board of Directors of the Company is being convened on 13 January 2017, inter alia, to consider and approve Unaudited Financial Results for the Quarter ended 31 December 2016.

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Grasim Industries director resigns
Dec 27,2016

Grasim Industries announced that K. K. Maheshwari, a Non-Executive Director, has resigned from the Board of the Company, due to other pre-commitments. The resignation is effective from 27 December 2016.

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Shilpa Medicare gains after raising funds
Dec 27,2016

The announcement was made after market hours yesterday, 26 December 2016.

Meanwhile, the BSE Sensex was up 129.50 points, or 0.50%, to 25,936.60.

On the BSE, so far 55,000 shares were traded in the counter, compared with average daily volumes of 16,699 shares in the past one quarter. The stock had hit a high of Rs 715 and a low of Rs 642.25 so far during the day.

The stock hit a record high of Rs 786.75 on 21 December 2016. The stock hit a 52-week low of Rs 355 on 20 January 2016. The stock had outperformed the market over the past 30 days till 26 December 2016, rising 11.03% compared with the 1.94% fall in the Sensex. The scrip had also outperformed the market in past one quarter, rising 27.03% as against Sensexs 8.56% decline.

The mid-cap company has equity capital of Rs 7.71 crore. Face value per share is Re 1.

Shilpa Medicare said that its board at a meeting held yesterday, 26 December 2016, allotted 30.25 lakh equity share at Rs 570 each to TA FII Investors, Mauritius. The allotment was approved by the shareholders at an EGM held yesterday, 26 December 2016. Shareholders also approved increasing foreign investment in the company to 40% from 30%.

On a consolidated basis, Shilpa Medicares net profit rose 63.91% to Rs 38.24 crore on 21.12% growth in net sales to Rs 209.67 crore in Q2 September 2016 over Q2 September 2015.

Shilpa Medicare is engaged in the business of bulk drugs manufacturing.

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Petronet LNG rises on brokerage buy call
Dec 27,2016

Meanwhile, the S&P BSE Sensex was up 128.62 points or 0.5% at 25,935.72.

On the BSE, 42,000 shares were traded on the counter so far as against the average daily volumes of 1.33 lakh shares in the past one quarter. The stock had hit a high of Rs 354.40 and a low of Rs 348.55 so far during the day.

The stock had hit a record high of Rs 410.85 on 17 October 2016 and a 52-week low of Rs 230 on 25 February 2016. It had underperformed the market over the past one month till 26 December 2016, sliding 7.19% compared with the Sensexs 1.94% fall. The scrip had, however, outperformed the market in past one quarter, advancing 0.51% as against the Sensexs 8.79% fall.

The large-cap company has equity capital of Rs 750 crore. Face value per share is Rs 10.

Petronet LNGs net profit rose 81.7% to Rs 459.56 crore on 12.6% decline in net sales to Rs 6338.51 crore in Q2 September 2016 over Q2 September 2015.

Petronet LNG was formed as a joint venture by the Government of India to import liquified natural gas (LNG) and set up LNG terminals in the country.

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Godrej Properties gains after Godrej BKC receives LEED Platinum certification
Dec 27,2016

The announcement was made during trading hours today, 27 December 2016.

Meanwhile, the BSE Sensex was up 108.36 points, or 0.42%, to 25,915.46.

On the BSE, so far 3,226 shares were traded in the counter, compared with average daily volumes of 33,678 shares in the past one quarter. The stock had hit a high of Rs 298 and a low of Rs 292.05 so far during the day.

The stock hit a 52-week high of Rs 386 on 9 August 2016. The stock hit a 52-week low of Rs 266.40 on 29 February 2016. The stock had underperformed the market over the past 30 days till 26 December 2016, falling 4.96% compared with the 1.94% fall in the Sensex. The scrip had also underperformed the market in past one quarter, falling 12.60% as against Sensexs 8.56% decline.

The mid-cap company has equity capital of Rs 108.18 crore. Face value per share is Rs 5.

Godrej Properties (GPL) announced that Godrej BKC, its commercial project in Mumbai, has received the Leadership in Energy and Environmental Design (LEED) Platinum certification. LEED Platinum certification is globally recognized the highest rating for sustainable buildings. With this achievement, Godrej BKC becomes the only multi-occupant building in Bandra Kurla Complex (BKC), Mumbais new commercial center, to be LEED Platinum certified.

At 1.2 lakh square metres (1 3 million square feet), Godrej BKC n++s one of the largest luxury commercial projects n++n Mumban++. The building received its occupation certificate in May 2016.

On a consolidated basis, net profit of Godrej Properties declined 77.40% to Rs 23.48 crore on 76.59% decline in net sales to Rs 305.60 crore in Q2 September 2016 over Q2 September 2015.

Godrej Properties is currently developing residential, commercial and township projects spread across approximately 11.98 million square meters (129 million square feet) in 12 cities.

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Cipla gains as foreign brokerage maintains buy rating
Dec 27,2016

Meanwhile, the S&P BSE Sensex was up 110.30 points or 0.43% at 25,917.40.

On the BSE, 51,000 shares were traded on the counter so far as against the average daily volumes of 1.37 lakh shares in the past one quarter. The stock had hit a high of Rs 565.65 and a low of Rs 553.95 so far during the day.

The stock had hit a 52-week high of Rs 660 on 29 December 2015 and a 52-week low of Rs 458.25 on 25 May 2016. It had outperformed the market over the past one month till 26 December 2016, sliding 1.67% compared with the Sensexs 1.94% fall. The scrip had also outperformed the market in past one quarter, declining 8.32% as against the Sensexs 8.79% fall.

The large-cap company has equity capital of Rs 160.88 crore. Face value per share is Rs 2.

On a consolidated basis, Ciplas net profit dropped 34.7% to Rs 354.34 crore on 8.7% rise in net sales to Rs 3671.88 crore in Q2 September 2016 over Q2 September 2015.

Cipla is a global pharmaceutical company. Its portfolio includes over 1,000 products across wide range of therapeutic categories with one quality standard globally.

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Satin Creditcare Network allots NCDs aggregating Rs 15 crore
Dec 27,2016

Satin Creditcare Network has allotted 150 Rated, Unsecured, Senior, Taxable, Non-Convertible Debentures of Rs 10 lakh each aggregating Rs 15 crore on 26 December 2016.

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Board of Igarashi Motors India defers proposal of reorganisation of business
Dec 27,2016

Igarashi Motors India announced that the Board of Directors of the Company at its meeting held on 26 December 2016 has decided to defer the proposal of re-organisation of business, including amalgamation of group companies, to next board meeting.

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Bharat Immunologicals & Biological Corporation to announce Q3 results
Dec 27,2016

Bharat Immunologicals & Biological Corporation announced that a meeting of the Board of Directors of the Company is scheduled to be held on 23 January 2017, to approve and take on record the Un-audited Quarterly/Nine months Financial Results of the Company for the quarter/period ended 31 December 2016.

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Vaibhav Global allots equity shares
Dec 27,2016

Vaibhav Global has allotted 20 Equity Shares of Rs. 10 each on 27 December 2016 to Vaibhav Global Employee Stock Option Welfare Trust under VGL Employee Stock Option Plan (As Amended) - 2006.

Consequent to the said allotment, the paid up Equity Share Capital of the Company has increased to Rs. 32,53,60,850 consisting of 3,25,36,085 Equity Shares of Rs. 10 each.

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GlaxoSmithKline Pharma to consider Q3 and 9M results
Dec 27,2016

GlaxoSmithKline Pharma will hold a board meeting on 11 February 2017 for approval and declaration of Un-Audited Financial Results for the third quarter and nine months ended 31 December 2016.

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