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Golden Goenka Fincorp pares stake in Shree Saishraddha Cements
Dec 23,2016

Golden Goenka Fincorp announced that the Company had further sold 12,50,000 Equity Shares of Shree Saishraddha Cements (SSCPL) representing 18.09% of the Equity Paid up of SSCPL.

As a results of aforesaid Sale, the Companys holding in SSCPL has decreased to 16.64%. Hence SSCPL ceased to be the associate of the Company.

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Golden Goenka Fincorp pares stake in Shree Saishraddha Cements
Dec 23,2016

Golden Goenka Fincorp announced that the Company had further sold 12,50,000 Equity Shares of Shree Saishraddha Cements (SSCPL) representing 18.09% of the Equity Paid up of SSCPL.

As a results of aforesaid Sale, the Companys holding in SSCPL has decreased to 16.64%. Hence SSCPL ceased to be the associate of the Company.

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PNB Housing Finance to consider December quarter results
Dec 23,2016

PNB Housing Finance announced that a meeting of the Board of Directors of the Company is scheduled to be held on 24 January 2017, inter alia, to consider and take on record/ approve the unaudited financial results for the quarter ended 31 December 2016, subject to limited review by the Statutory Auditors.

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PNB Housing Finance to consider December quarter results
Dec 23,2016

PNB Housing Finance announced that a meeting of the Board of Directors of the Company is scheduled to be held on 24 January 2017, inter alia, to consider and take on record/ approve the unaudited financial results for the quarter ended 31 December 2016, subject to limited review by the Statutory Auditors.

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Board of WEP Solutions approves preferential allotment of shares
Dec 23,2016

WEP Solutions announced that the Board of Directors of the company at its meeting held on 23 December 2016 has decided to issue and allot 20 lakh equity shares of Rs 10 each at a price of Rs 50 per share for a total consideration of Rs 10 crore to the proposed allottees on preferential basis. The Board also allotted 25,200 equity shares of Rs 10 each under ESOP 2011.

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Board of WEP Solutions approves preferential allotment of shares
Dec 23,2016

WEP Solutions announced that the Board of Directors of the company at its meeting held on 23 December 2016 has decided to issue and allot 20 lakh equity shares of Rs 10 each at a price of Rs 50 per share for a total consideration of Rs 10 crore to the proposed allottees on preferential basis. The Board also allotted 25,200 equity shares of Rs 10 each under ESOP 2011.

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Board of Allahabad Bank gives in-principle approval for merger of subsidiary -AllBank Finance
Dec 23,2016

Allahabad Bank announced that the Board of Directors of the Bank at its meeting held on 23 December 2016 has accorded its in-principle approval for merger of its wholly owned subsidiary - AllBank Finance with the Bank subject to necessary statutory and regulatory approvals.

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RBL Bank to hold EGM
Dec 23,2016

RBL Bank announced that the Extra Ordinary General Meeting (EGM) of the Company will be held on 17 January 2017.

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RBL Bank to hold EGM
Dec 23,2016

RBL Bank announced that the Extra Ordinary General Meeting (EGM) of the Company will be held on 17 January 2017.

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Rabi crops sowing crosses 554 lakh hectares
Dec 23,2016

As per preliminary reports received from the States, the total area sown under Rabi crops as on 23 December 2016 stands at 554.91 lakh hectares as compared to 523.40 lakh hectare this time in 2015.

Wheat has been sown/transplanted in 278.62 lakh hectares as on 23 December, showing increase from 259.37 lakh hectares last year. The area under rice crop has shown decline to 9.33 lakh hectares from 13.27 lakh hectares last year.

The pulses crop area was higher at 138.25 lakh hectares compared with 125.73 lakh hectares same time last year.

The area under coarse cereals crop was lower at 50.63 lakh hectares compared with 54.91 lakh hectares last year, while area sown under oilseeds moved up to 78.08 lakh hectares from 70.12 lakh hectares last year.

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Media Matrix Worldwide provides update on wholly owned subsidiary
Dec 23,2016

Media Matrix Worldwide announced that nexG Devices (nexG), a Wholly owned subsidiary of the Company has become subsidiary of the Company w.e.f. 23 December 2016 pursuant to preferential allotment made by the nexG to other Investor. Subsequent to aforesaid preferential allotment, the holding of the Company in nexG has been reduced from 100% to 51.02%.

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Rashtriya Chemicals & Fertilizers issues Commercial Paper aggregating Rs 150 cr
Dec 23,2016

Rashtriya Chemicals & Fertilizers announced that in terms of the guidelines issued by the Reserve Bank of India, the Company has issued Commercial Paper for Rs.150 crore on 23 December, 2016, in favour of HDFC Bank, having maturity date as 23 March 2017.

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Asahi Songwon Colors provides update on Promoter Company
Dec 23,2016

Asahi Songwon Colors announced that a Promoter Company Chelsea Marketing has been converted into Chelsea Marketing LLP, which was approved by the Registrar of Companies, Ahmedabad, Gujarat with effect from 23 November 2016. However, there is no change in the Shareholding Pattern of the Promoter LLP in the Company.

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RBI All-India House Price Index (HPI) up 8.1% yoy in Q2FY17
Dec 23,2016

The Reserve Bank of India today released the quarterly House Price Index (HPI) for Q2FY17 for All-India and 10 major cities (Mumbai, Delhi, Chennai, Kolkata, Bengaluru, Lucknow, Ahmedabad, Jaipur, Kanpur and Kochi).

All-India HPI (base 2010-11=100) has sequentially increased by 2.0% to 235.8 in Q2FY17 from 231.1 in Q1FY17.

Annual increase in All-India HPI stood at 8.1% in Q2FY17 which remained lower than 13.0% growth recorded a year ago. However, it recorded a slightly higher growth compared to Q1FY17.

On an annual basis, Chennai witnessed maximum increase of 18.0% in Q2FY17; whereas Jaipur witnessed maximum contraction (-6.3%).

On a sequential basis (i.e., Q2FY17 over Q1FY17), Delhi recorded highest HPI increase of 4.5%; whereas Kanpur recorded the maximum contraction of -4.6%.

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Jyoti Resins and Adhesives director resigns
Dec 23,2016

Jyoti Resins and Adhesives has received a resignation letter dated 23 December 2016 from Kalpesh Rasikbhai Patel a Non Executive Independent Director resigning from the directorship of the Company with effect from 23 December 2016 due to unavoidable circumstances.

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