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Motilal Oswal Financial Services allots 8,90,851 equity shares
Mar 27,2017

Motilal Oswal Financial Services has allotted 8,90,851 equity shares on exercise of stock options granted to various employees of the Companys subsidiary company.

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Euro Ceramics announces demise of director
Mar 27,2017

Euro Ceramics announced that Mukund Manubhai Modi, Independent Director of the Company passed away on 25 March 2017.

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Umang Dairies announces change in CFO
Mar 27,2017

Umang Dairies announced that Gaurav Jain, consequent upon his resignation has been relieved from the post of Chief Financial Officer (KMP) of the Company on the close of working hours on 27 March 2017 and; Diwan Singh, General Manager (Finance and Accounts) is the Chief Financial Officer (KMP) of the Company w.e.f. 28 March 2017.

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Great Eastern Shipping Company acquires Secondhand Suezmax Crude Carrier Jag Lakshya
Mar 27,2017

Great Eastern Shipping Company took delivery of a Secondhand Suezmax Crude Carrier Jag Lakshya (2011 Built) of about 157,000 dwt. The Company had contracted to buy the vessel in December 2016.

With this inclusion, the Companys current fleet stands at 44 vessels. Additionally, the Company has committed to purchase 1 secondhand Supramax Dry Bulk Carrier.

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Board of Mindtree accepts resignation of director
Mar 27,2017

Mindtree announced that the Board of Directors of the Company at their meeting held on 27 March 2017 have accepted and taken on record the retirement of Dr. Albert Hieronimus as Independent Director with effect from 01 April 2017 due to the completion of his tenure as Independent Director.

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Axis Bank allots 5,34,620 equity shares
Mar 27,2017

Axis Bank has allotted 5,34,620 equity shares of Rs. 2/- each on 27 March 2017, pursuant to exercise of options under its ESOP Scheme. The paid up share capital of the Bank will accordingly increase from Rs. 478,83,83,526 (239,41,91,763 equity shares of Rs. 2/- each) to Rs. 478,94,52,766 (239,47,26,383 equity shares of Rs. 2/- each).

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Arrow Textiles announces resignation of company secretary and compliance officer
Mar 27,2017

Arrow Textiles announced that Sushama Sudhakar Vesvikar resigned from the post of Company Secretary and Compliance Officer of the Company with effect from 27 March 2017 (from the closing business hours of the Company.)

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Yes Bank receives rating for AT1 Bonds aggregating Rs 3000 crore
Mar 27,2017

Yes Bank has received rating of ICRA AA (hyb) with Stable Outlook from ICRA ratings for Rs 3000 crore of Basel III compliant AT1 Bonds. ICRA also upgraded Yes Banks Rs 280 crore issue of Basel III AT1 Bonds from ICRA A+ (hyb) to ICRA AA (hyb).

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Bank of India raises Rs 1000 crore by issue of Tier II Bonds
Mar 27,2017

Bank of India has raised Rs.1,000 crore by issue of Basel-III compliant Tier-II Bonds (Series XIV) on 27 March 2017. The Bonds have been rated as BWR AA (+) by Brickwork Ratings India and IND AA (+) by India Ratings & Research and bear coupon rate of 8% p.a.

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Dishman Pharmaceuticals and Chemicals provides update on Scheme of Arrangement and Amalgamation
Mar 27,2017

Dishman Pharmaceuticals and Chemicals announced that the scheme of Scheme of Arrangement and Amalgamation amongst Dishman Pharmaceuticals and Chemicals (DPCL), Carbogen Amcis (India) (CAIL) and Dishman Care (DCL) has become effective with effect from 17 March 2017. In terms of the Scheme, the name of Transferee Company i.e. Carbogen Amcis (India) has been changed to Dishman Carbogen Amcis w.e.f. 27 March, 2017 vide a fresh certificate of Incorporation upon change of name issued by the Office of the Registrar of Companies, Gujarat.

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Axis Bank raises Senior Notes in international markets
Mar 27,2017

Axis Bank has passed resolution approving the allotment of 3 year Senior Floating Rate Notes aggregating to USD 10,000,000 (USD Ten Million only), under the MTN Programme through its Dubai International Financial Centre (DIFC) branch.

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Eicher Motors allots 3500 Stock Options
Mar 27,2017

Eicher Motors on 27 March 2017 has allotted 3500 Stock Options under ESOP Scheme.

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Board of Colgate-Palmolive (India) recommends dividend
Mar 27,2017

Colgate-Palmolive (India) announced that the Board of Directors of the Company at its meeting held on 27 March 2017, inter alia, have recommended the dividend of Rs 3 per equity Share (i.e. 300%) , subject to the approval of the shareholders.

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Fortis Healthcare to hold EGM
Mar 27,2017

Fortis Healthcare announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 27 April 2017 .

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Ideal Cellular allots 18,31,107 equity shares
Mar 27,2017

Ideal Cellular has allotted 18,31,107 equity shares of Rs 10 each under ESOS schemes. Consequently, the equity share capital of the Company has increased to 360,53,28,231 equity shares of Rs 10 each aggregating Rs 3605.32 crore.

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