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Rolta India standalone net profit declines 54.16% in the June 2016 quarter
Sep 14,2016

Net profit of Rolta India declined 54.16% to Rs 74.15 crore in the quarter ended June 2016 as against Rs 161.77 crore during the previous quarter ended June 2015. Sales declined 14.59% to Rs 382.92 crore in the quarter ended June 2016 as against Rs 448.35 crore during the previous quarter ended June 2015.

ParticularsQuarter Endedn++Jun. 2016Jun. 2015% Var. Sales382.92448.35 -15 OPM %68.7668.27 - PBDT236.39322.95 -27 PBT214.73160.10 34 NP74.15161.77 -54

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Jindal Drilling & Industries standalone net profit declines 3.66% in the June 2016 quarter
Sep 14,2016

Net profit of Jindal Drilling & Industries declined 3.66% to Rs 9.48 crore in the quarter ended June 2016 as against Rs 9.84 crore during the previous quarter ended June 2015. Sales rose 11.24% to Rs 92.66 crore in the quarter ended June 2016 as against Rs 83.30 crore during the previous quarter ended June 2015.

ParticularsQuarter Endedn++Jun. 2016Jun. 2015% Var. Sales92.6683.30 11 OPM %9.8912.74 - PBDT14.5518.68 -22 PBT12.0915.01 -19 NP9.489.84 -4

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Bayer to acquire Monsanto in all cash transaction
Sep 14,2016

Monsanto India announced that Bayer and Monsanto signed definitive agreement under which Bayer will acquire Monsanto for USD 128 per share in an all cash transaction.

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EID Parry (India) allots equity shares
Sep 14,2016

EID Parry (India) announced that the Company had allotted 9,072 Equity shares of Re. 1/- each arising out of exercise of options granted under the Employee Stock Option Scheme, 2007 on 14 September 2016.

Further to the above allotment of equity shares, the total number of equity shares outstanding aggregates to 175870898 and the Issued and Paid-up Equity Share Capital is Rs. 17,58,70,898/-.

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Board of InterGlobe Aviation approves appointment of company secretary
Sep 14,2016

InterGlobe Aviation announced that the Board of Directors has, at its meeting held on 13 September 2016, approved the appointment of Sanjay Gupta as the Company Secretary and Chief Compliance Officer and Key Managerial Personnel (KMP) of the Company with effect from 18 August 2016 pursuant to section 203 of the Companies Act, 2013 read with Rule 8 of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014.

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Outcome of board meeting of Motherson Sumi Systems
Sep 14,2016

Motherson Sumi Systems announced that the Board of Directors of the Company at its meeting held on 13 September 2016, inter alia, has approved the following:

1. Closure of the bid 13 September 2016;

2. The Placement Document via resolution passed by the Board of the Company and other incidental activities on the subject matter;

3. The issue price of Rs. 317/- per share (including premium of Rs. 316/- per share), after giving discount of 2.79%, i.e. Rs. 9.10 per equity share of the Company at face value of Re. 1 each (n++Equity Sharen++) to the floor price of Rs. 326.10 per Equity Share as per the SEBI ICDR Regulations, for the Equity Shares to be issued and allotted to eligible Qualified Institutional Buyers in the QIP Offering; and for

4. Approval for the issue of Confirmation Allocation Note for the allocation of 62,884,827 Equity Shares the Qualified Institutional Buyers.

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Outcome of board meeting of Bajrang Finance
Sep 14,2016

Bajrang Finance announced that the Board of Directors at its meeting held on 14 September 2016, has considered and approved the following businesses:

1. Increase in Authorised Share Capital of the Company from Rs. 1,50,00,000/-(Rupees One Crore Fifty Lakhs only) to Rs. 2,00,00,000/- (Rupees Two Crores only) and thereby to alter the Memorandum of Association of the Company and Articles of Association of the Company.

2. Issue of 4,00,000 Equity shares of Rs. 10/- each on preferential basis to the Non -promoters at a price which shall not be lower than the price determined in accordance with the provisions of Chapter VII of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009.

Further, the Board have decided to seek approval of members for the same through Extraordinary General Meeting.

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Board of Hil accepts resignation of director
Sep 14,2016

Hil announced that during the Board meeting held on 14 September 2016, Prashant Vishnu Vatkar, Managing Director, has tendered his resignation from the office of Managing Director and Director of the Company.

The above item was taken up as other item with the permission of the Chairman and the Board has accepted the same and Prashant Vishnu Vatkar would be relived from the duties of Managing Director and Director w.e.f. 20 September 2016 (End of Business hours).

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Board of PVP Ventures accepts resignation of CFO
Sep 14,2016

PVP Ventures announced that the Board of Directors of the Company at its meeting held on 14 September 2016, inter alia, have :

- Took note of resignation of S. Kannan, the Chief Financial Officer of the Company which will be effective from 30 September 2016.

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Board of Diligent Industries appoints director
Sep 14,2016

Diligent Industries announced that the board of directors in their meeting held on 13 September 2016 appointed Subramaniam Shanmugasundaram as an Additional Director- Independent Non Executive Director of the Company with effect from 13 September 2016.

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Board of Ultracab (India) allots bonus shares
Sep 14,2016

Ultracab (India) announced that the meeting of the Board of Directors of the Company is held on 14 September 2016, inter alia, the following matters were considered, discussed, approved by the board;

- Issued and allotted 42,41,000 Ordinary Shares of Rs. 10/- each, as Bonus Shares to those Members of the Company entitled thereto as on 09 September 2016 being the Record Date fixed for the purpose.

Consequent to the said allotment, the paid-up share capital of the Company has increased to Rs. 4,24,10,000 divided into 42,41,000 equity shares of Rs. 10/- each.

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Gujarat NRE Coke appoints CFO
Sep 14,2016

Gujarat NRE Coke announced that the Board of Directors at its meeting held on 14 September 2016, inter alia, have:

- Formally approved the appointment of Nitin Daga as the Chief Financial Officer (CFO) of the Company w.e.f. 14 September 2016. Nitin Daga was acting as the CFO of the Company since 01 July 2016.

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Board of D B Realty approves change in CFO and KMP
Sep 14,2016

D B Realty announced that the Board of Directors of the Company at its meeting held on 14 September 2016 has approved the appointment of Anil Kumar as new CFO and KMP of the Company with effect from 01 September 2016 in place of Nagamallesh Gattu.

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Board of H P Cotton Textile Mills approves change in company secretary & compliance officer
Sep 14,2016

H P Cotton Textile Mills announced that the Board of Directors in their meeting held on 10 September 2016, inter alia, have considered and approved the following business:

1. Accepted the resignation of Priyanka Singal from the post of Company Secretary/Compliance Officer of the Company and relieved her from her duties w.e.f. 08 September 2016.

2. The Board has considered and approved to appoint Ashok Kumar Agarwal, Joint Managing Director of the Company as Compliance Officer of the Company.

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Board of Garden Silk Mills approves for reference to BIFR
Sep 14,2016

Garden Silk Mills announced that the Board of Directors of the Company at its meeting held on 14 September 2016, confirmed the erosion of net worth and approved that a reference under Section 15(1) of the said act would be made to the Board for Industrial and Financial Reconstruction (BIFR) under prescribed Form A for determination of the measures which shall be adopted by the Company for revival of sickness.

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