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Indiabulls Housing Finance allots NCDs aggregating Rs 50 cr
Mar 17,2017

Indiabulls Housing Finance allotted its sixth tranche of Secured, Redeemable, Non-Convertible Debentures of face value Rs. 10 lakh each (NCDs) aggregating Rs. 50 crore on private placement basis on 17 March 2017.

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Arihant Superstructures pares stake in its associate company, Arihant Technoinfra
Mar 17,2017

Arihant Superstructures announced that the Disinvestment Committee of the Company had decided to disinvest 4,300 equity shares in its Associate Company, Arihant Technoinfra. The said disinvestment was subject to the approval of the Board of Directors of Arihant Technoinfra.

In reference to the above, the Board of Directors of Arihant Technoinfra in its Board Meeting held on 17 March 2017 has granted their approval and have transferred the shares in the name of Varaprasad Atluri. After the said transfer the holding of the company has been reduced from 48% to 5%. Therefore, Arihant Technoinfra ceases to be a Associate of the Company w.e.f. 17 March 2017.

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Vakrangee announces corporate agency tie up with Aditya Birla Health Insurance Company
Mar 17,2017

Vakrangee announced Corporate Agency tie-up with Aditya Birla Health Insurance Company for distribution of Health Insurance products.

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Oriental Veneer Products acquires entire shareholding in Oriental Foundry
Mar 17,2017

Oriental Veneer Products has acquired the entire equity share capital of Oriental Foundry, making it a wholly owned subsidiary of the Company with effect from 17 March 2017.

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ITI explores options for achieving 25% public shareholding
Mar 17,2017

ITI announced that the Company is exploring feasibility of various options available for achieving SEBIs 25% Public Shareholding requirement including offer of shares to Public within prescribed time limit for compliance.

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National Aluminium Company appoints director
Mar 17,2017

National Aluminium Company announced the appointment of Dr. N.K.Singh as part-time Official Director on the Board of the Company.

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Board of Kotak Mahindra Bank approves increase in FIIs/ FPIs investment limit
Mar 17,2017

The Board of Kotak Mahindra Bank at its meeting held on 17 March 2017 granted its consent to seek approval of the shareholders to increase the ceiling limit on the total shareholding of the Foreign Institutional Investors (FIIs) and Foreign Portfolio Investors (FPIs) in the equity share capital of the Bank to such percentage as the Board may decide from time to time not exceeding 49% of the paid-up equity capital of the Bank with effect from such date(s) as may be decided by the Board.

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Board of Manappuram Finance approves business plan for FY 2018
Mar 17,2017

Manappuram Finance announced that the Board of Directors of the Company at its meeting held on 17 March 2017 considered and approved the Business Plan for the Financial Year 2017-18.

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Saraswati Commercial provides update on scheme of amalgamation
Mar 17,2017

Saraswati Commercial announced that Honble NCLT, Mumbai has approved the Scheme of Amalgamation of Aroni Commercials (Transferor Company) with Saraswati Commercial (India) (Transferee Company) and their respective Shareholders and Creditors (Scheme) on 16 March 2017. The Company is awaiting the receipt of the certified copy of the order from the Honble NCLT, Mumbai. The Scheme will come into effect upon filling certified true copy of order with the Registrar of Companies at Mumbai

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Aroni Commercials provides update on scheme of amalgamation
Mar 17,2017

Aroni Commercials announced that Honble NCLT, Mumbai has approved the Scheme of Amalgamation of Aroni Commercials (Transferor Company) with Saraswati Commercial (India) (Transferee Company) and their respective Shareholders and Creditors (Scheme) on 16 March 2017. The Company is awaiting the receipt of the certified copy of the order from the Honble NCLT, Mumbai. The Scheme will come into effect upon filling certified true copy of order with the Registrar of Companies at Mumbai.

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HSIL receives directive for closure of Kaharani unit in Alwar, Rajasthan
Mar 17,2017

HSIL has received a letter from Rajasthan State Pollution Control Board dated 14 March 2017 regarding revocation of consent to operate and direction for closure of the Companys Kaharani unit, situated in the district Alwar in State of Rajasthan, under section 25/26 of the Water (Prevention and Control of Pollution) Act, 1974 and section 21/22 of the Air (Prevention and Control of Pollution) Act, 1981. The Kaharani Unit is engaged in manufacturing of Faucets.

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Indiabulls Ventures fixes record date for interim dividend
Mar 17,2017

Indiabulls Ventures has fixed 29 March 2017 as record date for payment of interim dividend for FY 2017. The dividend will be paid on or before 15 April 2017.

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Hester Biosciences to hold board meeting
Mar 17,2017

Hester Biosciences will hold a meeting of the Board of Directors of the Company on 22 March 2017, to approve investments in an existing partnership firm.

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United Bank of India to hold board meeting
Mar 17,2017

United Bank of India will hold a meeting of the Board of Directors of the Company on 27 March 2017, to approve capital infusion by the Central Government

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Delta Corp to hold board meeting
Mar 17,2017

Delta Corp will hold a meeting of the Board of Directors of the Company on 22 March 2017, to consider raising funds by issue of equity shares and / or such other securities, as may be permitted, by way of a public or private offering, including a qualified institutions placement or any combination thereof, or any other method as may be permitted under applicable law, subject to such approvals, as may be required, including approval of the shareholders of the Company

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