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Board of Vindhya Telelinks approves proposal for private placement of NCDs upto Rs 150 cr
Jan 03,2017

Vindhya Telelinks announced that the Board of Directors of the Company at its meeting held on 03 January 2017, have approved the proposal for issuance of Bonds/Redeemable Non-convertible Debentures (NCDs)/other Debt Securities on private placement basis, in one or more tranches, aggregating upto Rs. 150 crore subject to approval of members through postal ballot.

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Board of MPIL Corporation to consider Q3 and 9M results
Jan 03,2017

MPIL Corporation announced that a meeting of the Board of Directors of the Company is scheduled to be held on 11 January 2017, inter alia, to consider and take on records the Un-audited Financial Results of the Company for the quarter / nine months ended 31 December 2016.

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Vindhya Telelinks appoints compliance officer
Jan 03,2017

Vindhya Telelinks has appointed Raj Kumar Agarwal, Vice President (Commercial) & Secretary, a whole-time Key Managerial Personnel as the additional Compliance Officer for the purpose of Regulation 30(5).

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Kirloskar Oil Engines to announce Q3 and 9M results
Jan 03,2017

Kirloskar Oil Engines announced that a meeting of the Board of Directors of the Company will be held on 25 January 2017, inter alia, to consider and approve un-audited financial results of the Company for the quarter and nine months ended 31 December 2016.

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Remsons Industries received Rs 1.12 crore against insurance claims
Jan 03,2017

Remsons Industries provided update on developments with reference to the disruption in the operations at the Companys factories located at Goodluck House, Survey No. 729/1, Ringanwada, Village Dabhel, Daman - 396210 and Survey No. 146, Paria Road, Village - Khadki, Pardi-396121 at Gujarat. The Company intimated the quantum of damage at Rs 1.29 crore and has filed the same with the Insurance Company. The Insurance has released Rs 1.12 crore as full and final payment against the said estimate amount of damage. The plant is returning to normalcy in phases since 04 August 2016. The financial loss is Rs 17.25 lakh.

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Crompton Greaves Consumer Electricals to announce December quarter results
Jan 03,2017

Crompton Greaves Consumer Electricals announced that the meeting of Board of Directors of the Company is scheduled to be held on 24 January 2017, inter alia, to consider the standalone unaudited financial statement for the quarter ended 31 December 2016.

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Board of Trident to consider 2nd interim dividend for FY 2017
Jan 03,2017

Trident announced that Board of Directors of the Company shall consider 2nd interim dividend on the Equity Share Capital of the Company for the financial year 2016-17 in its meeting scheduled to be held on 18 January 2017.

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Havells India gets reaffirmation of credit ratings
Jan 03,2017

Havells India announced that ICRA has reaffirmed the long-term rating at [ICRA] AA+ (pronounced as ICRA double A plus) and short-term rating at [ICRA] A1+ (pronounced as ICRA A one plus) for the Line of Credit of Havells India.

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Jaypee Infratech announces resignation of director
Jan 03,2017

Jaypee Infratech announced that the Board of Directors has accepted the resignation submitted by Sachin Gaur, due to some personal reasons, from the office of Director/Whole-time Director and CFO of the Company w.e.f. 31 December 2016 through resolution by circulation.

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Hisar Spinning Mills announces change in directorate
Jan 03,2017

Hisar Spinning Mills announced about the details of changes in the Board of Directors w.e.f. 29 December 2016:

1. Appointment of Mithlesh Kumar Gupta, Sudesh Kumar Garg and Sandeep Suri, as Additional Directors (Independent &Non-Executive) and Shri Nikhil Goel, as Additional Director (Non-Independent &Non-Executive) on the Board of Directors of the Company.

2. Resignation of Gopal Krishan, Managing Director, Tirloki Nath Goel & Vikas Gupta, Independent & Non-Executive directors.

3. Appointment of Anurag Gupta as the Managing Director of the Company for a period of five years.

4. Appointment of Navin Kansal as the Chief Executive Officer of the Company.

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Canara Bank announces cessation of director
Jan 03,2017

Canara Bank announced that the term of Officer Director G V Manimaran was completed on 02 January 2017 and has ceased to be the Director of the Board of the Bank.

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Kotak Mahindra Bank announces Q3 and 9M results
Jan 03,2017

Kotak Mahindra Bank announced that a meeting of the Board of Directors of the Bank will be held on 25 January 2017 to consider and take on record the unaudited financial results, standalone and consolidated, for the quarter and nine months ended 31 December 2016 (Q3).

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Union Bank of India announces cessation of CFO
Jan 03,2017

Union Bank of India announced that Vivekanand H. Kamath, Chief Financial Officer has superannuated on 31 December 2016.

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Sejal Glass provides financial and business update
Jan 03,2017

Sejal Glass has paid debt of Rs 650 crore in its books and is in process of becoming almost debt free. The Company has taken the following steps -

- Reducing fixed costs and started converting it into variable costs.
- Improve production efficiencies
- change sales policy to secured payment terms.

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White Diamond Industries launches new medines and nutritional prodcuts
Jan 03,2017

White Diamond Industries announced the launch of the following medicinal and nutritional products - Durva Powder, Rasayan Capsule, Thyrocare Capsule, Gokharu Capsule and Powder, Sitopaladi Powder, Gaumutra - Gomutra and Organic Honey.

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