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Ludlow Jute & Specialities announces resignation of company secretary & compliance officer
Sep 17,2016

Ludlow Jute & Specialities announced that Minu Rohila has resigned as Company Secretary & Compliance Officer of the Company with effects from 17 September 2016.

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Bajaj Hindusthan Sugar appoints director
Sep 17,2016

Bajaj Hindusthan Sugar announced that Shalu Bhandari has been appointed as an additional director of the Company w.e.f. 17 September 2016 in accordance with Section 149 of the Companies Act, 2013 and Regulation 17 of the SEBI (LODR) by the Board of Directors of the Company at its meeting held on 12 September 2016.

Further, the intermittent vacancy in the office of Woman Director caused by the sad demise of Kiran Anuj stands filled w.e.f. 17 September 2016 consequent upon the aforesaid appointment.

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IL&FS Engineering & Construction Co announces resignation of director
Sep 17,2016

IL&FS Engineering and Construction Company announced that Alpa Sheth, Non-Executive Independent Director of the Company, vide e-mail dated 16 September 2016, has tendered her resignation from the Directorship of the Company with effect from 16 September 2016.

Notice of Resignation of Sheth will be placed in the next meeting of the Board of Directors of the Company for its noting.

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Saumya Consultants appoints company secretary and complaince officer
Sep 17,2016

Saumya Consultants announced that Ankita Drolia, is being appointed as Company Secretary and Compliance Officer of the Company with effect from 16 September 2016, pursuant to section 203 of the Companies Act, 2013 and Regulation 6 & 30 of SEBI (Listing and Disclosure Requirement) Regulation 2015.

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S S Organics appoints company secretary
Sep 17,2016

S S Organics announced that Yerukalapudi Hari Priya has been appointed as Company Secretary of the Company with effect from 16 September 2016.

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Brigade Enterprises acquires shares in Mysore Projects
Sep 17,2016

Brigade Enterprises has subscribed to the equity shares issued by Mysore Projects and has also acquired the equity shares from the existing shareholders of Mysore Projects. Due to this, Mysore Projects has become a wholly owned subsidiary of the Company.

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Board of Motherson Sumi Systems approves allotment of shares under QIP
Sep 17,2016

Motherson Sumi Systems announced that in respect of the QIP Offering, the Board of Directors of the Company at its meeting held on 16 September 2016, approved the issue and allotment of 62,884,827 Equity Shares to qualified institutional buyers at the issue price of Rs. 317/- per Equity Share, (including a premium of Rs. 316/- per Equity Share), constituting a discount of 2.79% to the floor price of Rs. 326.10 per share aggregating to Rs. 19,934,490,159/-.

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Crest Ventures incorporates wholly owned subsidiary
Sep 17,2016

Crest Ventures announced that the Company have incorporated a wholly owned subsidiary viz. Crest Capital and Investment on 16 September 2016.

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Symphony allots equity shares
Sep 17,2016

Symphony announced that the Bonus Shares Allotment Committee constituted by the Board of Directors of the Company at its meeting held on 17 September 2016 has approved allotment of 3,49,78,500 fully paid bonus equity shares of face value of Rs 2 each to the members holding shares as on record date i.e. 15 September 2016.

Pursuant to the above, the paid up capital of the Company stands increased to 699,57,000 equity shares of Rs 2 each.

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Brigade Enterprises provides update on subsidiary
Sep 17,2016

Brigade Enterprises announced that Mysore Projects, Wholly Owned Subsidiary of the Company has entered in to a Joint Development Agreement with Cornerstone Bay East Developers (Land Owner) to develop 47 acres at Varthur and Gunjur, Off Whitefield region, Bangalore which will have a developable area of around 5 million sq. ft.

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IDFC issues Commercial Paper aggregating Rs 700 cr
Sep 17,2016

IDFC announced that the Company issued Commercial Papers for an aggregate amount of Rs. 700 crore on 12 September 2016 having maturity date of 29 September 2016 which has been rated as A1+ by ICRA. Instruments with the aforesaid rating are considered to have a strong degree of safety regarding timely payment of financial obligations and such instruments carry lowest credit risk.

The aggregate amount of Commercial Paper outstanding as on date is Rs. 700 crore.

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South India Projects wins contract from PrexensSas
Sep 17,2016

South India Projects has entered into contract worth 180,000 Euros with PrexensSas, a Company incorporated in France to provide its services related to software development.

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Surana Industries reports standalone net loss of Rs 56.43 crore in the June 2016 quarter
Sep 17,2016

Net Loss of Surana Industries reported to Rs 56.43 crore in the quarter ended June 2016 as against net loss of Rs 61.52 crore during the previous quarter ended June 2015. Sales declined 95.57% to Rs 9.54 crore in the quarter ended June 2016 as against Rs 215.56 crore during the previous quarter ended June 2015.

ParticularsQuarter Endedn++Jun. 2016Jun. 2015% Var. Sales9.54215.56 -96 OPM %-26.31-4.01 - PBDT-46.04-50.83 9 PBT-56.43-61.52 8 NP-56.43-61.52 8

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Mormugao - Second Ship of Project 15b Launched at Mazagaon Docks Mumbai
Sep 17,2016

Another significant milestone in the annals of the Indigenous Warship design and construction programme of India was achieved with the launch of Guided Missile Destroyer, Mormugao, second ship of Project 15B, on 17 Sep 16, at Mazagaon Dock Ship Builders Limited (MDL), Mumbai. With a launch weight of 2844 tonnes, the vessel made its first contact with water at 11:58 AM with full fanfare during the launching ceremony graced by Chief of the Naval Staff, Admiral Sunil Lanba as the Chief Guest. In keeping with maritime traditions, Smt Reena Lanba, President, Navy Wives Welfare Association (NWWA), broke a coconut on the ships bow and launched the ship, as invocation from the Atharva Veda was being rendered.

Speaking on the occasion, the Chief Guest, Admiral Sunil Lanba, Chief of the Naval Staff said that n++this event is yet another moment of truth for the Indian Navy and Indias quest for self-reliance and indigenisation. The Indian Navy stands fully committed to the call of Make in India and we are extremely proud of the fact that all of our warships and submarines on order today are being constructed within the countryn++. He further added that this also is n++an affirmation of our resolve that the Indian Navy should attain a size and capability that is commensurate with Indias growing stature in the world, our national maritime interests, and our commitment to cooperation and collaboration towards ensuring secure seas for shaping a favourable and positive maritime environment.

The Admiral also commended the synergic partnership of MDL, Indian Navy, DRDO, OFB, BEL, other public sector enterprises and the private industry in ensuring that force levels are made available to meet Indias National strategic objectives. He also congratulated DGND and his team at Directorate of Naval Design for designing state of the art warships and contributing towards achieving Indian Navys dream of transforming from a n++Buyersn++ to a n++Buildersn++ Navy.

Project 15B ships feature cutting edge advanced technology and are comparable to the best ships of similar class anywhere in the world. These ships have been designed indigenously by the Directorate of Naval Design, New Delhi. Each ship spans 163 metres in length and 17.4 metres at beam and displaces 7300 tonnes. These ships will be propelled by four gas turbines to achieve speeds in excess of 30 knots. The P15B destroyers incorporate new design concepts for improved survivability, sea keeping, stealth and ship manoeuvrability. Enhanced stealth features have been achieved through shaping of hull and use of radar transparent deck fittings which make these ships difficult to detect. P 15B ships will be equipped to carry and operate two multiple role helicopters.

These ships are packed with an array of state of the art weapons and sensors, including vertically launched missile system for long distance engagement of shore, sea-based and air targets. With significant indigenous content, these ships are a true hall-mark of self reliance attained by our country in warship design and ship building.

BRIEF ON PROJECT 15B - SUPPLEMENTARY INFO

Four Guided missile Destroyers of Project 15B (P 15B) are under construction at M/s Mazagaon Dock Shipbuilders Limited, Mumbai. The contract for construction of these four ships was signed on 28 Jan 11. These ships are amongst the most technologically advanced Guided Missile Destroyers of the world, with state-of-the-art weapon/sensor package, advanced stealth features and a high degree of automation. The design of P15B ships has been developed in house by the Directorate of Naval Design.

With a displacement of 7300 tons, each ship will span 163 meters in length and 17.4 meters at the beam. These ships will be propelled by four gas turbines in Combined Gas and Gas (COGAG) configuration and are capable of achieving speeds in excess of 30 knots with a maximum endurance of 4000 nm.

The P15B destroyers incorporate new design concepts for improved survivability, sea keeping, stealth and ship maneuverability. These ships will be equipped to carry and operate two multi-role helicopters. State of art rail less helo traversing system is being introduced on these ships for efficient helicopter handling onboard.

These ships can truly be classified as possessing a Network of Networks, as they are equipped with Integrated Platform Management System (IPMS), Ship Data Network (SDN), Automatic Power Management System (APMS) and Combat Management System (CMS). While control and monitoring of machinery and auxiliaries is achieved through the IPMS, power management is done using the APMS. The CMS performs threat evaluation and resource allocation based on the tactical picture compiled and ammunition available onboard. The SDN is the information highway on which data from all the sensors and weapons ride.

Stealth has been a major thrust area in P15B design. Enhanced stealth features have been achieved through shaping of hull and use of radar transparent deck fittings which make these ships difficult to detect. The ship embodies features such as Multiple Fire Zones, Total Atmospheric Control System (TACS) for Air Conditioning, Battle Damage Control Systems (BDCS), Distributional Power Systems and Emergency DA to enhance survivability and reliability in emergent scenarios.

These ships have been designed for a complement of 50 officers and 250 sailors. The accommodation and working spaces have been designed with special emphasis on ergonomics and habitability.

The ships n++fire powern++ consists of sophisticated weapons-sensor suite including vertically launched Surface to Air Missiles (SAM) and Surface-to-Surface Missiles (SSM) for long distance engagement of shore and sea based targets. It is also noteworthy that this ship has significantly high indigenous content, in the form of weapons, machinery and material. These ships therefore showcase the Nations growing capability in developing and delivering complex warships, which serves as a true hall mark of self reliance attained by our country in warship design and construction. This high level of indigenization has been achieved through participation of both public and private sector.

The second ship of P15B Yard 12705, christened, Mormugao, is planned to be launched on 17 Sep 16 at MDL, Mumbai, and will be the fifth frontline warship, including the indigenous aircraft carrier, being launched in last six years, in addition to the delivery of three frigates, three destroyers and two corvettes during the same period.

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Global Offshore Services to hold AGM
Sep 17,2016

Global Offshore Services announced that the Annual General Meeting (AGM) of the company will be held on 30 September 2016.

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