My Application Form Status

Check the status of your application form with Angel Broking.
Arq - The Hyper Intelligent Investment Engine By Angel Broking
Indian Bank announces cessation of director
Mar 14,2017

Indian Bank announced that Deepak D Samant, who has been appointed as Officer Employee Director on the Board of Directors of Indian Bank for a period of three years vide Government of India Notification dated 11 March 2014, ceases to be a director of the Bank on completion of his three years tenure on 10 March 2017.

Powered by Capital Market - Live News

Palred Technologies raises Rs 22 crore
Mar 14,2017

Palred Technologies is raising Rs 22 crore through a preferentialallotment. The board of the Company approved an allotment of Rs 22 crore by way of preferential allotment at a price of Rs 145 per share. Florintree led and advised investors are the lead participants in thisround of preferential allotment.

The investors include Mathew Cyriac (former Co-Head ofBlackstone India Private Equity Business), Chidambaram Palaniappan (founder of Florintree), K. Madhavan (Joint Managing Director of Star TV India) and Bharat Sheth (Managing Director of Great Eastern Shipping).

Ashish Dhawan, founder of Chryscapital and an existing investor for over ten years in the Company is participating in this financing round apart from another existing investor, Passage to India Master Fund.

Powered by Capital Market - Live News

Mission Fingerling with a total expenditure of about Rs. 52000 lakh to achieve Blue Revolution
Mar 14,2017

Recognizing the potential and possibilities in the fisheries sector, Government of India has envisaged a program named Blue Revolution to unlock the countrys latent potential through an integrated approach. The Blue Revolution, in its scope and reach, focuses on creating an enabling environment for an integrated and holistic development and management of fisheries for the socio economic development of the fishers and fish farmers. Thrust areas have been identified for enhancing fisheries production from 10.79 mmt (2014-15) to 15 mmt in 2020-21.

Greater emphasis will be on infrastructure with an equally strong focus on management and conservation of the resources through technology transfer to increase in the income of the fishers and fish farmers. Productivity enhancement shall also be achieved through employing the best global innovations and integration of various production oriented activities such as: Production of quality fish seeds, Cost effective feed and adoption of technology etc.

Fish Fingerling production is the single most important critical input visualised to achieve fish production targets under the Blue Revolution. We need to establish more hatchery to produce Fry/PL required for different categories of water bodies. Barring few States thats to in terms of fry (15-20 mm size), all States are in need of Fingerling production (standard size 80-100 mm). Use of High Yielding Verities of brooders is another significant aspect to be addressed on priority.

The Department has identified 20 States based on their potential and other relevant factors to strengthen the Fish Seed infrastructure in the country. This program with a total expenditure of about Rs. 52000 lakh will facilitate the establishment of hatcheries and Fingerling rearing pond to ensure the fish production of 426 crores fish fingerling, 25.50 crores Post Larvae of shrimp and crab in the country. This will converge in the production of 20 lakh tonnes of fish annually and will benefit about 4 million families. The implementation of this program will supplement the requirement of stocking materials in the country up to a large extent, which is a much needed input to achieve the enhanced fish production.

Powered by Capital Market - Live News

Pneumatic Holding fixes record date for interim dividend
Mar 14,2017

Pneumatic Holding has fixed 23 March 2017, as Record Date for the purpose of ascertaining the names of members entitled to interim dividend for the financial year 2016-17. The date of payment of the interim dividend will be 27 March 2017.

Powered by Capital Market - Live News

Shares of RMC Switchgears get listed
Mar 14,2017

The equity shares of RMC Switchgears (Scrip Code: 540358) are listed effective 14 March 2017 and admitted to dealings on the Exchange in the list of M Group Securities.

Powered by Capital Market - Live News

ACC in focus after selling shares in Shiva Cements
Mar 14,2017

Cement major ACC announced that it has on 9 March 2017, sold its entire 12.13% stake in Shiva Cement, comprising 2.36 crore shares, at a total consideration of Rs 38.66 crore to JSW Cement. The open market transaction took place at Rs 16.35 per share. The announcement was made after market hours on Friday, 10 March 2017. The transaction is part of an earlier share purchase agreement (SPA) dated 15 February 2017, entered into between the company and JSW Cement. ACC was holding 12.13% in Shiva Cement in the public shareholders (non-promoter) category.

Shiva Cement had executed a SPA with JSW Cement in January this year for sale of shares held by the promoters of Shiva Cement, followed by an open offer to the public shareholders of Shiva Cement, to enable JSW Cement to get a controlling stake in the Odisha-based company. JSW Cement had agreed to buy a 35.6% stake from Shiva Cements promoters for Rs 97.24 crore. Further, JSW Cement had made an open offer to the public equity shareholders of Shiva Cement to acquire up to 6.24 crore fully paid-up equity shares, constituting 32% of the total fully diluted voting equity share capital of the company.

The total promoter holding in Shiva Cement end December 2016 stood at 35.62%. Shiva Cement runs an integrated plant near Rourkela in Odisha. It sells cement under the Sumangal brand and caters primarily to the eastern states.

Power Grid Corporation of India (PGCIL) said that its board of directors at a meeting held on Friday, 10 March 2017, accorded approval for various investment proposals aggregating to Rs 1197.10 crore. The announcement was made on Saturday, 11 March 2017.

NBCC (India) announced that the company has signed an agreement on Friday 10 March 2017, with the State of Mauritius (Government of Mauritius) and Landscope (Mauritius) for construction of new supreme court building on PMC basis in Mauritius. The approximate value of the project is Rs 250 crore having completion period of 24 months. The announcement was made after market hours on Friday, 10 March 2017.

Alkem Laboratories announced that US Food and Drug Administration (USFDA) had conducted an inspection at the companys manufacturing facilities located at Baddi from 2 March 2017 to 10 March 2017. The company has received the inspection report which contains three 483 observations. Alkem said it shall put together a detailed response with adequate corrective and preventive measures to address the USFDA observations and the same is proposed to be filed within the timeline stipulated by USFDA. The announcement was made after market hours on Friday, 10 March 2017.

Karnataka Bank announced that the bank entered into Memorandum of Understanding with Bajaj Allianz General Insurance Company (BAGICL) for general insurance business. Karnataka Banks Managing Director & CEO P Jayarma Bhat said the bank will be able to provide vast choice of non-life insurance products to its customers across all its 747 branches, supported by the customer centric products of BAGICL. The announcement was made after market hours on Friday, 10 March 2017.

Bombay Burmah Trading Corporation announced that the company has issued commercial paper for an aggregate amount of Rs 50 crore on 10 March 2017 for 90 days and having maturity on 8 June 2017. India Ratings & Research has granted rating of A1+ for issue of commercial paper by the company. The announcement was made after market hours on Friday, 10 March 2017.

Powered by Capital Market - Live News

ACC in focus after selling shares in Shiva Cements
Mar 14,2017

Cement major ACC announced that it has on 9 March 2017, sold its entire 12.13% stake in Shiva Cement, comprising 2.36 crore shares, at a total consideration of Rs 38.66 crore to JSW Cement. The open market transaction took place at Rs 16.35 per share. The announcement was made after market hours on Friday, 10 March 2017. The transaction is part of an earlier share purchase agreement (SPA) dated 15 February 2017, entered into between the company and JSW Cement. ACC was holding 12.13% in Shiva Cement in the public shareholders (non-promoter) category.

Shiva Cement had executed a SPA with JSW Cement in January this year for sale of shares held by the promoters of Shiva Cement, followed by an open offer to the public shareholders of Shiva Cement, to enable JSW Cement to get a controlling stake in the Odisha-based company. JSW Cement had agreed to buy a 35.6% stake from Shiva Cements promoters for Rs 97.24 crore. Further, JSW Cement had made an open offer to the public equity shareholders of Shiva Cement to acquire up to 6.24 crore fully paid-up equity shares, constituting 32% of the total fully diluted voting equity share capital of the company.

The total promoter holding in Shiva Cement end December 2016 stood at 35.62%. Shiva Cement runs an integrated plant near Rourkela in Odisha. It sells cement under the Sumangal brand and caters primarily to the eastern states.

Power Grid Corporation of India (PGCIL) said that its board of directors at a meeting held on Friday, 10 March 2017, accorded approval for various investment proposals aggregating to Rs 1197.10 crore. The announcement was made on Saturday, 11 March 2017.

NBCC (India) announced that the company has signed an agreement on Friday 10 March 2017, with the State of Mauritius (Government of Mauritius) and Landscope (Mauritius) for construction of new supreme court building on PMC basis in Mauritius. The approximate value of the project is Rs 250 crore having completion period of 24 months. The announcement was made after market hours on Friday, 10 March 2017.

Alkem Laboratories announced that US Food and Drug Administration (USFDA) had conducted an inspection at the companys manufacturing facilities located at Baddi from 2 March 2017 to 10 March 2017. The company has received the inspection report which contains three 483 observations. Alkem said it shall put together a detailed response with adequate corrective and preventive measures to address the USFDA observations and the same is proposed to be filed within the timeline stipulated by USFDA. The announcement was made after market hours on Friday, 10 March 2017.

Karnataka Bank announced that the bank entered into Memorandum of Understanding with Bajaj Allianz General Insurance Company (BAGICL) for general insurance business. Karnataka Banks Managing Director & CEO P Jayarma Bhat said the bank will be able to provide vast choice of non-life insurance products to its customers across all its 747 branches, supported by the customer centric products of BAGICL. The announcement was made after market hours on Friday, 10 March 2017.

Bombay Burmah Trading Corporation announced that the company has issued commercial paper for an aggregate amount of Rs 50 crore on 10 March 2017 for 90 days and having maturity on 8 June 2017. India Ratings & Research has granted rating of A1+ for issue of commercial paper by the company. The announcement was made after market hours on Friday, 10 March 2017.

Powered by Capital Market - Live News

Board of Aarey Drugs & Pharmaceuticals consider proposal to takeover Forel Labs
Mar 11,2017

Aarey Drugs & Pharmaceuticals announced that the Board of Directors at its meeting held on 10 March 2017 has considered the takeover of Forel Labs in equity swap after due diligence and considering viability of takeover.

Forel Labs is a manufacturer of API products with production facility at Visakhapatnam, Andhra Pradesh. These products are - Clopidogrel Bisulfate, Fexofenadine Hydrochloride and Pantoprazole Sodium. Forel Labs is certified with ISO 9001:2008 &GMP and facilities are in-compliance with US-FDA & WHO norms.

Powered by Capital Market - Live News

Board of Sun TV Network recommends dividend
Mar 11,2017

Sun TV Network announced that the Board of Directors of the Company at its meeting held on 10 March 2017, inter alia, have recommended the dividend of Rs 5 per equity Share (i.e. 100%) , subject to the approval of the shareholders.

Powered by Capital Market - Live News

PNC Infratech pares stake in subsidiary - PNC Power
Mar 11,2017

PNC Infratech has sold its investment 26500 no. of equity shares held in PNC Power (PNC Power) equivalent to 76.50% of the Paid up capital of the Subsidiary Company. Since the said subsidiary could not have any business activity over a good period of more than 4 years. Therefore, the Company is desirous of exiting its investment in equity shares of said subsidiary.

Powered by Capital Market - Live News

Upper Ganges Sugar & Industries to hold board meeting
Mar 11,2017

Upper Ganges Sugar & Industries will hold a meeting of the Board of Directors of the Company on 14 March 2017 to fix a record date for reckoning the shareholders of the company who shall be entitled to the shares which shall be allotted pursuant to the scheme and to constitute a committee which shall give effect to the order of the court and the scheme.

Powered by Capital Market - Live News

Alkem Laboratories provides update on USFDA inspection of facility at Baddi
Mar 11,2017

Alkem Laboratories announced that US FDA had conducted an inspection at the Companys manufacturing facility located at Baddi, India from 2nd March, 2017 to 10th March, 2017. In this regard, the Company has received the inspection report which contains three 483 observations. The Company shall put together a detailed response with adequate corrective and preventive measures to address the US FDA Observations and the same is proposed to be filed within the timeline stipulated by US FDA.

Powered by Capital Market - Live News

Karnataka Bank enters into MoU with Bajaj Allianz General Insurance
Mar 11,2017

Karnataka Bank has entered into Memorandum of Understanding with Bajaj Allianz General Insurance for General Insurance business on 10 March 2017.

Powered by Capital Market - Live News

Outcome of board meeting of Satin Creditcare Network
Mar 11,2017

Satin Creditcare Network announced that the Board of Directors of the Company at its meeting held on 10 March 2017 considered and approved the following:

a) Proposal of Increase in the Authorized Share Capital of the Company, which is subject to shareholders approval.

b) Proposal of issue on preferential basis of warrants convertible into equivalent number of equity shares of face value of Rs. 10/- each of the Company and proposal of issue on preferential basis of the equity shares of face value of Rs. 10/- each of the Company, to proposed allotteees - Trishashna Holdings & Investments Private and Asian Development Bank.

Approved the notice of Extraordinary General Meeting scheduled to be held on Friday, 07 April 2017.

Powered by Capital Market - Live News

Oudh Sugar Mills to hold board meeting
Mar 11,2017

Oudh Sugar Mills will hold a meeting of the Board of Directors of the Company on 14 March 2017 to fix a record date for reckoning the shareholders of the company who shall be entitled to the shares which shall be allotted pursuant to the scheme and to constitute a committee which shall give effect to the order of the court and the scheme.

Powered by Capital Market - Live News