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Board of Uniply Industries decides to raise Rs 500 cr through private placement of debt securities
Mar 16,2017

Uniply Industries announced that the Board of Directors of the company at its meeting held on 16 March 2017 has approved to raise funds up to Rs 500 crore by way of private placement of NCDs / Bonds / other debt securities in one or more tranches.

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L&T Electrical & Automation FZE secures large order from Qutar Rail Compnay
Mar 16,2017

L&T Electrical & Automation FZE, the competency centre for L&T Electrical & Automations automation business in UAE, won an order worth Rs 500 crore from Qutar Rail Company for Phase 1 of Doha Metro. The scope of the order encompasses supply, installation, testing, integration, commissioning and 5 years maintenance of network-wide building automation and control systems (BACS) for 37 stations.

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Bodal Chemicals acquires about 42% stake in Trion Chemicals
Mar 16,2017

Bodal Chemicals has invested and acquired approx 42% stake in Trion Chemicals for cash consideration of Rs 2.9 crore on 16 March 2017.

Trion Chemicals has recently completed commissioning of speciality chemicals plant and started manufacturing TCCA (Trichloroisocyanuric Acid) at its plant in village Neja, Near Khambhat, Gujarat.

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Gandhi Special Tubes announces appointment of compliance officer
Mar 16,2017

Gandhi Special Tubes announced that Shobhana Rajan Vartak- Chief Financial Officer, will also act as a Compliance Officer of the Company with effect from 11 March 2017.

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Abhijit Trading Company to hold board meeting
Mar 16,2017

Abhijit Trading Company will hold a meeting of the Board of Directors of the Company on 24 March 2017.

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Venus Remedies to hold board meeting
Mar 16,2017

Venus Remedies will hold a meeting of the Board of Directors of the Company on 18 March 2017.

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Ajanta Pharma to hold board meeting
Mar 16,2017

Ajanta Pharma will hold a meeting of the Board of Directors of the Company on 18 March 2017, to consider and approve inter-alia payment of second interim dividend for FY 17.

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Ashoka Buildcon provides update on subsidiary - Ashoka Concessions
Mar 16,2017

Ashoka Buildcon (the Company) announced that the Companys subsidiary viz. Ashoka Concessions (ACL) had submitted its bid to National Highways Authority of India (NHAI) for the Project viz. Request for Proposal for Six laning of from Ranastalam to Anandpuram (Visakhapatnam) (from km 634.000 to km 681.000) section of NH-5 (New NH- 16) in the state of Andhra Pradesh under NHDP Phase - V (Package II) on Hybrid Annuity Mode Project(Project). ACL emerged as the Lowest Bidder at the Financial Bid opening meeting. The Bid Project Cost quoted by ACL is Rs 1,187.10 crore.

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Great Eastern Shipping Company takes delivery of Jag Leena
Mar 16,2017

Great Eastern Shipping Company has taken delivery of Secondhand Suezmax Crude Carrier Jag Leena (2010 Built) of about 157,000 dwt. The Company had contracted to buy the vessel in December 2016.

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Adani Power allots 3,38,34,391 equity shares
Mar 16,2017

Adani Power announced the allotment of 3,38,34,391 equity shares of Rs. 10/- each upon partial conversion of the Convertible Warrants as earlier issued and allotted on preferential basis to Promoter Group Entities.

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Board of Megri Soft to acquire 11.67% stake in Kohli & Kohli Financial Consultants
Mar 16,2017

Megri Soft announced that the Board of Directors of the Company in their meeting held on 15 March 2017 has decided to acquire/invest Rs. 25,30,000/- (accounting to 11.67%) in the Equity Shares of the Kohli & Kohli Financial Consultants.

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Cholamandalam Investment & Finance Company appoints directors
Mar 16,2017

Cholamandalam Investment & Finance Company announced that the Board of Directors of the Company at its meeting held on 15 March 2017 has approved the following changes in the constitution of the Board of directors of the Company, subject to the approval of the members at the next general meeting of the Company:

1. Appointment of N Srinivasan as an Executive Vice Chairman and Managing Director of the Company for a term of two years effective 19 August 2017.

2. Appointment of Arun Alagappan as an Executive Director of the Company for a term of five years effective 19 August 2017.

It may be noted that as per the terms of appointment approved by the members at the thirty eighth annual general meeting of the Company held on 29 July 2016, Vellayan Subbiah, the current Managing Director holds office till 18 August 2017.

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Board of Tube Investments of India appoints director
Mar 16,2017

Tube Investments of India announced that the Board of Directors at its meeting held on 15 March 2017 has appointed Vellayan Subbiah as Additional Director on the Board and as the Managing Director (Deisgnate) of the Company, with effect from 19 August 2017.

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Board of Amrapali Fincap appoints director
Mar 16,2017

Amrapali Fincap announced that the Board of Directors of the Company at their meeting held on 15 March 2017 have approved the appointment of Ashwin Shah (DIN 01528910) as an Additional (Independent) Director of the Company.

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Hindustan Zinc fixes record date for 2nd interim dividend
Mar 16,2017

Hindustan Zinc has fixed 28 March 2017 as record date for second interim dividend for FY 2017.

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