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Shiva Cement to hold board meeting
Feb 27,2017

Shiva Cement will hold a meeting of the Board of Directors of the Company on 28 February 2017.

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Ganesh Holdings to hold board meeting
Feb 27,2017

Ganesh Holdings will hold a meeting of the Board of Directors of the Company on 1 March 2017.

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Rathi Graphic Technologies to hold EGM
Feb 27,2017

Rathi Graphic Technologies announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 27 March 2017 .

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Nucleus Software partners with Manappuram Finance
Feb 27,2017

Nucleus Software announced that Manappuram Finance, has chosen FinnOne Neo, loan life cycle management solution. Manappuram will deploy the solution in the Cloud. For Nucleus Software, the agreement is the third cloud service deal in India in seven months.

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GMR Chhattisgarh Energy allots equity shares under SDR
Feb 27,2017

GMR Chhattisgarh Energy (GCEL), a subsidiary of GMR Infrastructure has announced that the consortium of lenders of GCEL have adopted Strategic Debt Restructuring Plan (SDR), as provided under the scheme permitted by the RBI. Accordingly, GCEL has allotted equity shares to all the lenders.

As per the SDR scheme, out of the total outstanding debt (including accrued interest) of Rs 8,800 crore, debt to the extent of Rs 2,992 crore has been converted into equity by which the consortium lenders would have 52.4% shareholding and balance 47.6% would be held by GMR.

Post the conversion, the balance project debt stands at Rs 5,800 crore with Rs 2,992 crore equity held by lenders and Rs 2,721 crore equity held by GMR Group, resulting in the debt-to-equity ratio of 1.0x. The lower debt levels would result in improving the long term viability of the project.

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Shares of JITF Infra Logistics get listed
Feb 27,2017

The equity shares of JITF Infra Logistics (Scrip Code: 540311) are listed effective 27 February 2017 and admitted to dealings on the Exchange in the list of T Group Securities

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Board of Metalyst Forgings approves increase in authorised share capital
Feb 25,2017

Metalyst Forgings announced that the Board of Directors of the Company at its meeting held on 25 February 2017 has approved the following -

Increase in authorised share capital of the company.

Alteration of capital clause of the memorandum of association of the company.

Issuance of equity share on preferential basis to the promoter of the company upon conversion of its unsecured loan.

Issuance of convertible warrants on preferential basis to the promoter of the company upon conversion of its unsecured loan.

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Salzer Electronics allots 41,500 equity shares
Feb 25,2017

Salzer Electronics announced that the Employee Compensation Committee at its meeting held on 25 February 2017 has approved the allotment of 41,500 equity shares under Salzer ESOS 2012-13. Consequently, the paid up share capital of the company has increased to Rs 14.34 crore comprising of 1,43,48,187 equity shares of Rs 10 each.

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Board of Manvijay Development Company approves change in directorate
Feb 25,2017

Manvijay Development Company announced that the Board of Directors of the Company at its meeting held on 25 February 2017 placed the matter regarding the unavailability of Vaishali Pradeep Gupte for appointing her as an Independent Director as informed to the Stock Exchange earlier. For timely complying with the Provisions of Company Act, 2013 and any other Act if any applicable the Board has decided to appoint Dolly Dhandhresha (Women Director) as an Additional Director in the category of Non - Executive Independent Director with immediate effect, who shall hold office upto the date of the ensuing Annual General Meeting of the Company.

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Shyama Infosys announces change in directorate
Feb 25,2017

Shyama Infosys announced about appointment of Additional Director Mukesh Kumar Agarwal in place of Avijit Dey.

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Salona Cotspin announces its foray into garment business
Feb 25,2017

Salona Cotspin has decided to enter into garment business within the textile sector apart from its existing business.

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Sundaram Multi Pap announces resignation of company secretary and compliance officer
Feb 25,2017

Sundaram Multi Pap announced that the Manik Makwana has resigned from the position of Company Secretary and Compliance Officer of the Company and his resignation has been accepted by the Company. He is relieved from the post of Company Secretary and Compliance Officer as of close of business hours i.e. 7.00 p.m. on 24 February 2017.

Further, Amrut P. Shah, Chairman and Managing Director be and is hereby appointed as Compliance Officer of the Company till another Qualified Company Secretary is appointed as Compliance Officer by the Company.

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Jain Irrigation Systems plans to issue FCCBs upto USD 75 million
Feb 25,2017

Jain Irrigation Systems announced that the meeting of Sub Committee of the Board of Directors of the Company was held on 25 February 2017 which considered and approved the following:

1. Issue of FCCBs upto USD 75 million to non-promoter entities.

2. To convene Extraordinary General Meeting of the Shareholders of the Company to be held at Jalgaon at 11.00 AM on 24 March 2017 for obtaining approval of Shareholders for the following special business;

a) Issue of FCCBs upto USD 75 million to non-promoter entities for redemption of FCCBs worth USD 50 million issued in 2012/ 2013 and balance USD 25 million fresh issue for permitted use.

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Kothari Products divests entire stake held in subsidiary - Sukhdham Constructions & Developers
Feb 25,2017

Kothari Products has divested the entire stake in Sukhdham Constructions & Developers (a 100% subsidiary) to Innerline Realty, Mumbai.

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Toyam Industries to hold board meeting
Feb 25,2017

Toyam Industries will hold a meeting of the Board of Directors of the Company on 6 March 2017.

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