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Lanco Infratech provides update on sale of solar power undertaking
Dec 12,2016

Lanco Infratech announced that the Board of Directors approved the sale of Solar Power Undertaking of the Company comprising 35MW by way of slump sale to its wholly owned subsidiary. The said transaction was proposed to be completed on or before 30 September 2016.

In this regard, the Company informed that the said Slump Sale Transaction is yet to be consummated due to pending approvals from Government Authorities and Lenders.

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Ellenbarrie Industrial Gases director resigns
Dec 12,2016

Ellenbarrie Industrial Gases announced that Anindita Guhamallick, Independent Director of the Company has resigned from the Board due to personal difficulty with effect from 04 October 2016.

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Maithan Alloys provides operations update
Dec 12,2016

Maithan Alloys has resumed production at full capacity at its Kalyaneshwari plant.

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Board of Toheal Pharmachem accept resignation of company secretary
Dec 12,2016

Toheal Pharmachem announced that the board of Directors of the Company at its meeting held on 10 December 2016 accepted the resignation of company secretary.

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Sabrimala Leasing And Holdings announces resignation of directors
Dec 12,2016

Sabrimala Leasing And Holdings announced that Directors of the Company, Ankur Garg, Arvind Kumar Singh and Seema Gupta have resigned from the Board w.e.f. 10 December 2016 due to their pre occupation.

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Tata Motors drops after group global wholesales rises slightly in November
Dec 12,2016

The announcement was made after market hours on Friday, 9 December 2016.

Meanwhile, the S&P BSE Sensex was down 141.16 points or 0.53% at 26,606.02.

On the BSE, 23,740 shares were traded on the counter so far as against the average daily volumes of 5.98 lakh shares in the past one quarter. The stock had hit a high of Rs 463.50 and a low of Rs 456.65 so far during the day. The stock had hit a 52-week high of Rs 598.60 on 7 September 2016 and a 52-week low of Rs 266 on 11 February 2016.

The stock had underperformed the market over the past one month till 9 December 2016, falling 13.16% compared with the Sensexs 1.85% fall. The scrip had also underperformed the market in past one quarter, declining 19.01% as against the Sensexs 7.12% fall.

The large-cap company has equity capital of Rs 577.44 crore. Face value per share is Rs 2.

Tata Motors said that global wholesales of all passenger vehicles rose 5% to 64,862 units in November 2016 over November 2015. Global wholesales of all Tata Motors commercial vehicles and Tata Daewoo range fell 7% to 26,970 units in November 2016 over November 2015.

Tata Motors reported consolidated net profit of Rs 848.16 crore in Q2 September 2016, compared with net loss of Rs 1740.20 crore in Q2 September 2015. Net sales rose 6.7% to Rs 65140.75 crore in Q2 September 2016 over Q2 September 2015.

Tata Motors is a market leader in commercial vehicles in India. The companys British unit JLR sells premium luxury cars.

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Hind Rectifiers provides update on change in promoter shareholder
Dec 12,2016

Hind Rectifiers announced that Suramya Nevada (belongs to promoter group) acquired 1423959 equity shares (9.46%) by way of transmission due to death of Uma Nevada, Promoter and Executive Vice Chairperson (Whole Time Director) of the Company.

After this transmission Suramya Nevadas total holding in the Company is 1716209 equity shares (11.40%).

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Hind Rectifiers provides update on change in promoter shareholding
Dec 12,2016

Hind Rectifiers announced that Suramya Nevada (belongs to promoter group) acquired 1423959 equity shares (9.46%) by way of transmission due to death of Uma Nevada, Promoter and Executive Vice Chairperson (Whole Time Director) of the Company.

After this transmission Suramya Nevadas total holding in the Company is 1716209 equity shares (11.40%).

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Board of Polyspin Exports to consider cessation of director
Dec 12,2016

Polyspin Exports announced that the Meeting of the Board Directors will be held on 17 December 2016, inter alia:

- To record the cessation of Director S. Renganthan who expired on 21 November 2016.

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Shares of Aditya Vision get listed
Dec 12,2016

The equity shares of Aditya Vision (Scrip Code: 540205) are listed effective 12 December 2016 and admitted to dealings on the Exchange in the list of M Group Securities.

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Board of Kings Infra Ventures allots equity shares on conversion of warrants
Dec 12,2016

The Board of Directors of Kings Infra Ventures at its meeting held on 10 December 2016 has allotted 2595000 equity shares on conversion of convertible warrants issue on preferential basis.

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Ideal Texbuild announces new corporate office
Dec 12,2016

Ideal Texbuild announced that the Company have resolved to make the following address as new corporate office address of the company:

Krishna bhavan,3rd Floor, Above Dena Bank,67,Nehru Road,Opp. Green Park Hotel,Ville parle,
Mumbai-400057

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Board of Gujarat NRE Coke approves reset of conversion price of FCCBs
Dec 12,2016

Gujarat NRE Coke announced that the Board of Directors of the Company at its meeting held on 10 December 2016, inter alia, has :

Pursuant to the approval of shareholders and bondholders, approved to reset the conversion price of 5.50% Foreign Currency Convertible Bonds (FCCBs) issued in 2012 from Rs. 22.50 per equity share to Rs. 12/- per equity share, subject to approval of other regulatory authorities.

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Worldwide Leather Exports CFO resigns
Dec 12,2016

Worldwide Leather Exports announced that Krishna Kumar Singh, Chief Financial Officer has resigned w.e.f. 10 December 2016.

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Board of Luminaire Technologies to consider resignation of directors
Dec 12,2016

Luminaire Technologies announced that Anshuman Mohan Gupta & Sapna Gupta has vide their letter date 08 December 2016, intimated about their intention to resign as Directors from the Board of the Company due to their personal reasons.

Their resignations shall be considered by the Board in its ensuing meeting on 17 December 2016 and if accepted they will cease to be Directors of the Company w.e.f. close of Business hours of 17 December 2016.

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