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Board of WEP Solutions approves preferential allotment of shares
Dec 23,2016

WEP Solutions announced that the Board of Directors of the company at its meeting held on 23 December 2016 has decided to issue and allot 20 lakh equity shares of Rs 10 each at a price of Rs 50 per share for a total consideration of Rs 10 crore to the proposed allottees on preferential basis. The Board also allotted 25,200 equity shares of Rs 10 each under ESOP 2011.

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Board of Allahabad Bank gives in-principle approval for merger of subsidiary -AllBank Finance
Dec 23,2016

Allahabad Bank announced that the Board of Directors of the Bank at its meeting held on 23 December 2016 has accorded its in-principle approval for merger of its wholly owned subsidiary - AllBank Finance with the Bank subject to necessary statutory and regulatory approvals.

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RBL Bank to hold EGM
Dec 23,2016

RBL Bank announced that the Extra Ordinary General Meeting (EGM) of the Company will be held on 17 January 2017.

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Media Matrix Worldwide provides update on wholly owned subsidiary
Dec 23,2016

Media Matrix Worldwide announced that nexG Devices (nexG), a Wholly owned subsidiary of the Company has become subsidiary of the Company w.e.f. 23 December 2016 pursuant to preferential allotment made by the nexG to other Investor. Subsequent to aforesaid preferential allotment, the holding of the Company in nexG has been reduced from 100% to 51.02%.

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Rashtriya Chemicals & Fertilizers issues Commercial Paper aggregating Rs 150 cr
Dec 23,2016

Rashtriya Chemicals & Fertilizers announced that in terms of the guidelines issued by the Reserve Bank of India, the Company has issued Commercial Paper for Rs.150 crore on 23 December, 2016, in favour of HDFC Bank, having maturity date as 23 March 2017.

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Asahi Songwon Colors provides update on Promoter Company
Dec 23,2016

Asahi Songwon Colors announced that a Promoter Company Chelsea Marketing has been converted into Chelsea Marketing LLP, which was approved by the Registrar of Companies, Ahmedabad, Gujarat with effect from 23 November 2016. However, there is no change in the Shareholding Pattern of the Promoter LLP in the Company.

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Jyoti Resins and Adhesives director resigns
Dec 23,2016

Jyoti Resins and Adhesives has received a resignation letter dated 23 December 2016 from Kalpesh Rasikbhai Patel a Non Executive Independent Director resigning from the directorship of the Company with effect from 23 December 2016 due to unavoidable circumstances.

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Pan India Corporation announces change in registered office
Dec 23,2016

Pan India Corporation announced that the registered office of the Company shifted from 1111, 11th Floor, New Delhi House 27, Barakhamba Road, New Delhi-110001 to 711, 7th Floor, New Delhi House 27, Barakhamba Road; New Delhi-110001.

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Jyoti Resins and Adhesives announces resignation of director
Dec 23,2016

Jyoti Resins and Adhesives announced that the Company has received a resignation letter dated 23 December 2016 from Harshad Govindbhai Patel a Non Executive Independent Director resigning from the directorship of the Company with effect from 23 December 2016 due to unavoidable circumstances.

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Board of Mold-Tek Technologies approves merger of subsidiaries
Dec 23,2016

Mold-Tek Technologies announced that the Board of Directors of the Company at its meeting held on 23 December 2016 approved the merger of two wholly owned subsidiaries RMM Global Inc. (surviving entity) and Crossroad Detailing Inc.

Post merger, RMM Global shall be renamed Mold-Tek Technologies, Inc.

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Board of BLB to consider restructuring of company and subsidiaries
Dec 23,2016

BLB announced that the Meeting of Board of Directors of the Company is scheduled to be held on 27 December 2016, inter alia, to discuss, consider and approve the following:

1. Withdrawal of the Scheme of Merger and Amalgamation of Manu Properties with the Company.

2. Withdrawal of Voluntary Delisting application from BSE.

3. The proposal to appoint Consultant for the purpose of Restructuring of the Company and its subsidiaries.

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Board of Apis India decides to invest in JV company in Dubai
Dec 23,2016

Apis India announced that the Board of Directors of the Company at its meeting held on 23 December 2016 has taken the following decisions -

To invest an amount not exceeding Rs 30 crore in Dubai, UAE.

To invest in JV company namely - Apis Pure Company for Food Stuff Trading situated at Dubai, UAE.

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Dhanuka Commercial announces resignation of CFO
Dec 23,2016

Dhanuka Commercial announced that Vinod Kumar Aggarwal, Chief Financial Officer (CFO) of the Company has tendered his resignation from the Post of Chief Financial Officer (CFO) of the Company with effect from closure of Business hours of 26 December 2016.

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TCS recognised as Leader & Star Performer for Healthcare Player IT Services
Dec 23,2016

Tata Consultancy Services has been recognised as Leader and Star Performer for Healthcare Player IT Services by Everest Group, in its report - Healthcare Payer IT Services - Service Provider Landscape with PEAK Matrix - Assessment 2016.

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Housing Development Finance Corporation allots equity shares
Dec 23,2016

Housing Development Finance Corporation announced that the Corporation on 23 December 2016 allotted 1,82,925 equity shares of Rs. 2 each pursuant to exercise of stock options by certain employees / directors.

Post the above allotment, the paid-up equity share capital of the Corporation would stand at Rs. 317,01,77,850 consisting of 158,50,88,925 equity shares of Rs. 2 each.

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