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Board of Appu Marketing & Manufacturing decides to undertake due diligence of IFFSM
Mar 22,2017

Appu Marketing & Manufacturing announced that the Board of Directors of the Company at its meeting held on 21 March 2017, inter alia, considered and decided that a financial and legal Due Diligence to be undertaken of India Fast Forward Sales and Marketing (IFFSM) to acquire IFFSM.

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Board of RCL Retail appoints company secretary cum compliance officer
Mar 22,2017

RCL Retail announced that the Board of directors of the Company in their meeting held on 21 March 2017 has appointed Subodha Kanta Sahoo as Company Secretary cum Compliance Officer of the Company w.e.f. 21 March 2017

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Godawari Power & Ispat allots 24,80,000 equity shares
Mar 22,2017

Godawari Power & Ispat announced that the Committee of Board of Directors has allotted 24,80,000 equity shares of Rs 10 each at a premium of Rs 115 per share aggregating Rs 31 crore to promoters / persons acting in concert with promoters of the Company on 21 March 2017.

Consequently, the paid up capital has increased to 3,52,36,247 equity shares and promoter shareholding has increased to 67.3620%.

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Board of Puravankara approves sale of shares in three subsidiaries
Mar 21,2017

Puravankara announced that the Board of Directors at meeting held on 21 March 2017 have passed an enabling resolution for exit from the investment of Rs.403 crores at Raidurg, Panamaktha Village which would inter-alia involve the sale of its entire shares in three wholly owned subsidiaries of Puravankara. The transaction has been authorized on a condition that total inflow should not be less than a sum of Rs.475 crore.

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United Bank of India opens QIP issue
Mar 21,2017

United Bank of India announced that the Board Level Issue Approval Committee has at its meeting held on 21 March 2017 passed the following resolutions in connection to the QIP issue -

Approving and adopting preliminary placement document dated 21 March 2017 in connection with the QIP.

Authorising the opening of QIP on 21 March 2017.

Relevant date for this purpose is 21 March 2017 and floor price for the QIP is Rs 24.44 per share, with discount of up to 5% on the floor price in the QIP.

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Board of N2N Technologies allots 161403 equity shares under scheme of amalgamation
Mar 21,2017

N2N Technologies announced that Board of Directors at its meeting held on 14 March 2017 has made allotment of 161403 equity shares of Rs.10/- each pursuant to revised Scheme of Amalgamation.

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Update on merger of Bhartiya Mahila Bank into State Bank of India
Mar 21,2017

State Bank of India announced that the entire undertaking of Bharatiya Mahila Bank shall stand transferred to and vested in the State Bank of India from 01 April 2017.

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Board of Oil India approves proposal for buyback of shares
Mar 21,2017

The Board of Directors of Oil India at its meeting held on 20 March 2017 has approved a proposal for buyback of shares of 4,49,12,000 equity shares of Rs 10 each representing 5.60% of the paid up share capital of the Company.

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Sphere Global Services provides business update
Mar 21,2017

Sphere Global Services announced that the Company along with its Indian subsidiary-Adroit Infotech has bagged work orders amounting to 10 crore for execution of :
1 Supreme Industries -S4 HANA implementation at pan India level.
2. JSW -Implementation of GST Network system, which will be used for the roll out of proposed Goods and Services at pan India level.
3. Sudarshan Chemicals -Implementation of GST Network system, which will be used for the roll out of proposed Goods and Services at pan India level.

The said orders are expected to be completed in Financial Year 2017-18. Company will be executing the order from there Indian offices. Company is confident of executing this order well within the time frame on the back of its expertise, skilled resources and its strong infrastructure. With this current order, the company gets a significant boost in the organic growth.

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ICICI Bank allots equity shares
Mar 21,2017

ICICI Bank has allotted 614,015 equity shares under ESOS on 20 March 2017.

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JITF Infra Logistics appoints director
Mar 21,2017

JITF Infra Logistics announced that the Board of Directors in their Meeting held on 21 March 2017 has appointed Neeraj Kumar (DIN: 01776688) as an Additional Director in the category of Non Executive Director w.e.f. 21 March 2017.

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Zee Learn allots 217,250 equity shares
Mar 21,2017

Zee Learn has allotted 217,250 equity shares under ESOP on 21 March 2017. Consequent to the allotment, the paid up equity share capital has increased to 322,398,031 equity shares of Re 1 each aggregating Rs 32.23 crore.

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Board of Shrenuj & Company appoints directors
Mar 21,2017

Shrenuj & Company announced that the Board of Directors of the Company at its meeting held today, has inter-alia approved the appointment of Ranjal Laxmana Shenoy as an Additional Director and Aruna Soman as Woman Director on the Board of the Company under the category of Independent Director w.e.f. 21 March, 2017, to hold the office till the ensuing Annual General Meeting of the Company.

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Deepak Spinners appoints director
Mar 21,2017

Deepak Spinners has appointed Binod Kumar Agrawal as an Additional Director in the category of Independent Director today, with effect from 01 April 2017.

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IFCI announces appointment of Deputy Managing Director
Mar 21,2017

IFCI announced that the Appointment Committee of the Cabinet has approved the appointment of Sanjeev Kaushik, DMD, India Infrastructure Finance Company as DMD, IFCI, in additional charge, for a period of 6 months with effect from 12 December 2016.

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