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Jindal Stainless to hold EGM
Jan 20,2017

Jindal Stainless announced that the Extra Ordinary General Meeting (EGM) of the Company will be held on 11 February 2017.

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Board of Saka to consider December quarter results
Jan 20,2017

Saka announced that a meeting of the Board of Directors of the Company will he held on 06 February 2017, to take on record the un-audited results for the quarter ended 31 December 2016.

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Board of Monica Electronics to consider December quarter results
Jan 20,2017

Monica Electronics announced that a meeting of the Board of Directors of the Company will be held on 06 February 2017, to take on record the Un-audited results for the quarter ended 31 December 2016.

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Board of Motherson Sumi Systems approves acquisition of Finland based PKC Group
Jan 20,2017

Motherson Sumi Systems announced that the Board of Directors of the Company at their meeting held on 19 January 2017 have approved a proposal to make a voluntary, recommended public tender offer to acquire all the issued and outstanding shares and option rights in PKC Group Pic (PKC) having its headquartered in Helsinki, Finland and currently listed on the Nasdaq Helsinki stock exchange. The acquisition will be made through a wholly owned subsidiary (directly/indirectly) of the Company, to be setup for the purpose.

The Board has also approved for signing of Combination Agreement between the Company and PKC for the proposed transaction. Accordingly, Combination Agreement has been executed by the Company.

PKC is a global tier 1 supplier of wiring harness and associated components to Original Equipment Manufacturers (OEMs) in the Heavy & Medium Duty Commercial Vehicles and Locomotive segments across North America, Europe, Brazil and China.

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L&T Hydrocarbons Engineering wins orders
Jan 20,2017

Larsen & Toubros subsidiary - L&T Hydrocarbons Engineering has won order worth Rs 1700 crore in its construction services business vertical.

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Tata Steel gets revision in credit ratings
Jan 19,2017

Tata Steel announced that according to CARE Ratings, the uncertainties relating to disposal/ restructuring of Tata Steels UK business has trigged a revision in Tata Steels credit ratings. The rating has been downgraded by one notch.

Unsecured NCD - CARE AA; Stable (Revised from CARE AA+; Stable)
Long term unsecured rupee loan - CARE AA; Stable (Revised from CARE AA+; Stable)
Unsecured subordinated perpetual securities - CARE AA-; Stable (Revised from CARE AA; Stable)

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National Fertilizers announces appointment of director
Jan 19,2017

National Fertilizers announced that Meenakshi Gupta, Additional Secretary & Financial Adviser, Department of Fertilizers, Ministry of Chemicals & Fertilizers, Government of India has been appointed as a Part-time Government Nominee Director on the Board of the Company w.e.f. 11 January 2017.

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GMR Infrastructure provides update on subsidiary- Delhi International Airport
Jan 19,2017

GMR Infrastructure announced that the international competitive bidding process for the selection of developer for Integrated Retail Development has been completed. This is in addition to 5.67 Lac sqm already developed as Hospitality District at Delhi Aerocity.

DIAL has issued the letter of award to design, develop, construct, finance, own, operate and maintain the Integrated Retail Development Project with FSI of 1.96 Lac sqm to Bharti Realty Holdings. The transaction involves upfront payments of Rs 315 crore (including RSD, ADC, Bid Processing Fee) and License Fee equivalent to 20% of Revenue with Minimum Guaranteed Payments.

The effectiveness of the transaction is subject to certain conditions precedents and necessary approvals.

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Zuari Globals subsidiary signs JV agreement with Polands FORTE
Jan 19,2017

Zuari Global announced that its subsidiary, Indian Furniture Products and Fabryki Meble FORTE SA, Ostrow Mazowiecka, Poland has signed a joint venture agreement on 18 January 2017 for the manufacturing and distribution of furniture for the Indian market. The joint venture company will be named Forte Furniture Products India and will start operations on 01 April 2017 by assuming the existing manufacturing facility and distribution network of India Furniture Product.

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Automobile Products of India announces resignation of company secretary & compliance officer
Jan 19,2017

Automobile Products of India announced Prashant Parekh, the Company Secretary and Compliance officer of the Company, has resigned from the services of the company w.e.f. 18 January 2017.

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BCL Enterprises announces change in compliance officer
Jan 19,2017

BCL Enterprises announced that Mahendra Kumar Sharda Managing Director of the Company has been appointed as Compliance Officer of the Company in place of Anuj Rastogi with immediate effect.

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Future Retail allots 4,67,558 equity shares
Jan 19,2017

Future Retail announced that the Nomination and Remuneration Committee (the Committee) of the Company has approved the following by way of Circular Resolution.

- Allotment of 4,67,558 Equity Shares of Rs. 2/- each to eligible employee(s) under the FRL ESOP - 2016 of the Company.

Upon allotment, the paid equity share capital of the Company stand increased from Rs. 94,26,77,114/- (Rupees Ninety Four Crore Twenty Six Lac Seventy Seven Thousand One Hundred Fourteen only) divided into 47,13,38,557 (Forty Seven Crore Thirteen Lac Thirty Eight Thousand Five Hundred Fifty Seven only) Equity Shares of Rs. 2/- (Rupees Two only) each to Rs. 94,36,12,230/- (Rupees Ninety Four Crore Thirty Six Lac Twelve Thousand Two Hundred Thirty only) divided into 47,18,06,115 (Forty Seven Crore Eighteen Lac Six Thousand One Hundred Fifteen only) Equity Shares of Rs. 2/- (Rupees Two only) each.

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Shirpur Gold Refinery shifts corporate office
Jan 19,2017

Shirpur Gold Refinery has changed corporate office address to the following with effect from 18 January 2017 -

18th floor, A Wing, Marathon Futurex, NM Joshi Marg, Lower Parel, Mumbai - 400013.

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Prabhav Industries announces change in directorate
Jan 19,2017

Prabhav Industries has appointed following named additional directors on the Board of Directors of the company w.e.f. 10 January 2017 as under :

1. Gautam Kalu Mohite
2. Pravin Luka Patil
3. Akash Samadhan Suradkar

Further the Company has informed that, company has accepted the resignation of directors and their cessation will be effective from 10 January 2017 as under:

1. Ami Jigar Motta
2. Chandrakant Shankar Gaikwad
3. Nilesh Shivram Mestry.

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Trade-Wings announces resignation of company secretary
Jan 19,2017

Trade-Wings announced that on 19 January 2017 the Company has received a letter from Siddhanth Nimbalkar, tendering his resignation from the post of Whole-time Company Secretary and Compliance officer (KMP) of the Company, with effect from 01 February 2017.

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