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ICICI Bank allots 335,975 equity shares
Mar 24,2017

ICICI Bank has on 23 March 2017 allotted 335,975 equity shares under ESOS.

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Board of Rane Engine Valve appoints CFO
Mar 24,2017

Rane Engine Valve announced that the Board of Directors of the Company at its meeting held on 24 March 2017 have inter alia approved the appointment of V K Vijayaraghavan as Chief Financial Officer effective 16 February 2017.

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Federal Bank allots 10,98,446 equity shares
Mar 24,2017

Federal Bank has allotted 10,98,446 Equity Shares with face value of Rs. 2/- each of the Bank to the Option Grantees has been made upon exercise of stock options under ESOS 2010 Scheme for which allottees have paid money.

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SMS Pharmaceuticals invests Rs 6.98 crore in VKT Pharma
Mar 24,2017

SMS Pharmaceuticals has invested an amount of Rs 6.98 crore in VKT Pharma, an associate company, by subscribing to 3.10 lakh equity shares of Rs 10 each at a price of Rs 225 per share, including premium of Rs 215 per share.

Consequent to this investment, the total holding of the Company has increased to 40.26% of total paid up share capital of VKT Pharma.

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Bharat Forge divests 23% stake in power equipment JV with Alstom
Mar 24,2017

Bharat Forge has divested 23% of its stake holding in power equipment JV with GE (erstwhile Alstom), Alstom Bharat Forge. The transaction for the balance 26% equity would be consummated upon receipt of customer approvals for certain projects. Pending this, the Company has received the entire amount of USD 35 million on agreed terms of sale.

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Board of Vinayak Vanijya appoints company secretary and compliance officer
Mar 24,2017

The Board of Directors of Vinayak Vanijya in its meeting held on 24 March 2017 has appointed Shikhar Agarwal as Company Secretary & Compliance Officer of the Company.

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UCO Bank to receive capital infusion of Rs 1150 crore from GoI
Mar 24,2017

UCO Bank has received a communication from Ministry of Finance, Government of India vide its letter dated 16 March 2017 informing inter alia capital allocation of Rs.1150 crore in the Bank as a part of turnaround linked capital infusion plan.

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Veeram Ornaments announces change in directorate
Mar 24,2017

Veeram Ornaments announced that the Board of Directors of the company has appointed Rajesh Shantilal Shah as an Independent director of VEERAM ORNAMENTS LIMITED w.e.f. 24 March 2017. Further, the Board of Directors of the company has accepted the resignation of Shankar Prasad Bhagat from the post of Independent director w.e.f. 24 March 2017.

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Lakshmi Vilas Bank launches LVB VYAPAAR Current Account
Mar 24,2017

Lakshmi Vilas Bank has launched LVB VYAPAAR Current Account aimed at addressing business banking requirements of small merchants, traders, such as fruit and vegetable vendors, flower vendors, small eateries, medical stores, and kirana stores across the country.

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Punjab National Bank raises Rs 500 crore
Mar 24,2017

Punjab National Bank has raised Rs. 500 Crore on 24 March 2017 through Unsecured, Subordinated, fully paid-up, non-convertible, Basel III compliant, perpetual debt instruments (series IX) in the nature of debentures for inclusion in additional tier I capital of face value of Rs. 10.00 lakhs each (bonds) at a coupon rate of @ 9.21% payable annually.

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Chambal Fertilisers & Chemicals resumes operations at Gadepan plant
Mar 24,2017

Chambal Fertilisers & Chemicals announced that its plant in Gadepan, District Kota, Rajasthan has resumed its operation on 24 March 2017 and commenced production of Urea.

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Virat Crane Industries announces demise of director
Mar 24,2017

Virat Crane Industries announced the demise of Grandhi Subba Rao founding promoter and Director of the company.

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Jayshree Chemicals appoints director
Mar 24,2017

Jayshree Chemicals announced that the Board of Directors at its meeting held on 24 March 2017 has appointed Sindhubala Choudhury (DIN 00848070) as an Additional Director of the Company, who has duly consented for the same under the provisions of Companies Act, 2013.

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Reliance Communications to hold EGM
Mar 24,2017

Reliance Communications announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 24 April 2017 .

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IDFC Bank to hold board meeting
Mar 24,2017

IDFC Bank will hold a meeting of the Board of Directors of the Company on 25 April 2017, to discuss and approve, among other items, the following: a.Audited Annual Financial Statements for the year ended Mar 31, 2017 ,Recommendation of dividend, if any, for FY 2016-17 c.Fund raising through issue of non-convertible debt securities on private placement basis.

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