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Sangam Advisors receives LoAs for two solar PV power plant projects
Jun 28,2017

Sangam Advisors announced that the company has been awarded two Letter of Award by Maharashtra State Power Corporation Co. for design, engineering, manufacture, supply, erection, testing and commissioning of 2 MW each of grid interactive solar PV power plant at Relegan-Siddhi, Tal. Parner & Dist. Ahmednagar, Maharashtra and at Manjarda, Tal & Dist. Yavatmal, Maharashtra respectively on Build, Own and Operate basis and operations and maintenance of the project for 25 years from the date of commissioning of the project.

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Capital First allots 500 NCDs aggregating Rs 500 crore
Jun 28,2017

The Debenture Committee constituted by the Board of Directors of Capital First vide Resolution passed by Circulation on 27 June 2017, inter alia approved the allotment of Rated, Listed, Secured, Redeemable, Non-Convertible Debentures (NCDs)

1. The Company has raised Rs. 50 crore by issue of NCDs on private placement basis.

2. The Debenture Committee vide Resolution passed by Circulation today i.e. 27 June 2017 has inter - alia approved allotment of 500 NCDs having Face Value of Rs. 10 lakh each.

The said NCDs shall be listed on National Stock Exchange of India.

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Axis Bank allots 83,100 equity shares
Jun 28,2017

Axis Bank has allotted 83,100 equity shares of Rs. 2/- each on 27 June 2017, pursuant to exercise of options under its ESOP Scheme.

The paid up share capital of the Bank will accordingly increase from Rs. 479,38,60,928 (239,69,30,464 equity shares of Rs. 2/- each) to Rs. 479,40,27,128 (239,70,13,564 equity shares of Rs. 2/- each).

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Pecos Hotels & Pubs provides business update
Jun 28,2017

Pecos Hotels & Pubs announced that consequent to receipt of a notice dated 22 June 2017 issued by Excise Department instructing to shift the Restaurant(s) selling alcohol in the vicinity of 500 meters of National and State highways, the Company is taking appropriate action to shift those outlets which are within 500 meters from the highways.

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OK Play India announces resignation of director
Jun 28,2017

OK Play India has received resignation letter from Naresh Kumar (DIN 00452811), Non-Executive Independent Director of the Company with effect from 22 June 2017.

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RBL Bank allots 103,807 equity shares
Jun 28,2017

RBL Bank has allotted 103,807 (One Lac Three Thousand Eight Hundred & Seven) equity shares of face value Rs. 10 each on 27 June 2017 under the ESOP Schemes of the Bank.

Consequent to the above allotment, the paid up share capital of the Bank has increased from 376,619,991 equity shares of Rs. 10 each aggregating Rs. 3,766,199,910 to 376,723,798 equity shares of Rs. 10 each aggregating Rs. 3,767,237,980.

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Quick Heal Technologies receives BEST +++ certification
Jun 28,2017

Quick Heal Technologies has received BEST +++ certification from AVLab. Quick Heal Total Security v17.00 receiving this certification implies that the software stopped all attacks of drive-by-download carried out in the test.

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ICICI Bank allots Senior Unsecured Redeemable Long Term Bonds aggregating Rs 2147 crore
Jun 28,2017

The Committee of Executive Directors of ICICI Bank at its meeting held on 27 June 2017 has approved the allotment of 21,470 Senior Unsecured Redeemable Long Term Bonds in the nature of Debentures aggregating Rs 2147 crore on private placement basis, deemed date of allotment being 27 June 2017. The notes were issued in two tranches- Rs 400 crore maturing in 7 years at a coupon of 7.42% p.a. payable annually and Rs 1747 crore maturing in 10 years at a coupon of 7.47% p.a. payable annually. The notes were issued at par. The bonds would be listed in the Wholesale Debt Market segment of BSE and/or National Stock Exchange of India.

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Indiabulls Real Estate acquires 10.08% stake in Indiabulls Infraestate
Jun 28,2017

Indiabulls Real Estate has acquired the entire minority stake of 10.08% in Indiabulls Infraestate (IIL), a majority owned material subsidiary of the Company, from ILFS Fund entities namely IIRF India Realty XXI, Little Fairy and Vistra ITCL (India), its minority investors. The aggregate cash consideration paid for the said acquisition is Rs. 358.44 crore, including interest of Rs 94.85 crore against their aggregate total investment of Rs 250 crore.

With this acquisition, IIL has become a wholly owned subsidiary of the Company. IIL is developing a premium integrated marque residential project named Indiabulls Blu in Worli, Mumbai comprising of 4 residential towers and additionally 2 office towers in the non residential area.

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SMS Pharmaceuticals provides update on scheme of arrangement
Jun 28,2017

SMS Pharmaceuticals announced that as per the terms of the scheme of arrangement between SMS Pharmaceutical (demerged company) and SMS Lifesciences India (resulting company), the Board of Directors of SMS Lifesciences has allotted 30,23,287 equity shares of Rs 10 each as fully paid up to members of SMS Pharmaceutical as on record date of 23 June 2017 in the ratio of 1 equity share of Rs 10 each of SMS Lifesciences India allotted for every 28 equity shares of Re 1 each of SMS Pharmaceuticals.

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OnMobile Global secures 3-year deal with Banglalink
Jun 28,2017

OnMobile Global has secured a 3-year deal with Banglalink, one of the leading digital communications services providers of Bangladesh to provide Ringback Tones and Reverse Ringback Tones to its customers.

As per this agreement, OnMobile will power Amar Tune (Ringback Tone) and Priyo Tune (Reverse Ringback Tone) for Banglalink by managing the platform, content as well as business operations for the next 3 years.

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MpahsiS allots 17,499 equity shares
Jun 27,2017

MphasiS has allotted 17,499 equity shares under RSUP and ESOP.

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Board of Rajputana Investment & Finance recommends bonus issue
Jun 27,2017

Rajputana Investment & Finance announced that the Board of Directors of the Company at its meeting held today i.e. 27 June 2017, inter-alia, have recommended capitalization of reserve and issue of Fully Paid Equity (Bonus) Shares in the ratio of 9 (Nine) Bonus Equity Shares of Rs. 10/- each for every 5 (Five) existing equity shares of Rs. 10/- each subject to the approval of shareholders in AGM.

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Omax Autos closes manufacturing activities in its Gurgaon unit
Jun 27,2017

Omax Autos announced that it has closed manufacturing activities in its unit named Automax (A unit of Omax Autos Limited) situated at Delhi-Jaipur Highway, Village & P.O. Binola, Gurgaon, Haryana, w.e.f. closing hours of 24 June 2017.

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Board of Padmanabh Industries approves increase in authorised share capital
Jun 27,2017

The Board of Directors of Padmanabh Industries at its meeting held on 27 June 2017 has approved the following -

Increase in Authorised Share Capital from Rs 5 crore to Rs 7.50 crore.

Approved allotment of 15 lakh equity shares of Rs 10 each to non promoter group by way of preferential issue at a price of Rs 61 per share.

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