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Board of Jindal Steel & Power to consider Q2 results
Dec 01,2016

Jindal Steel & Power announced that the meeting of the Board of Directors of the Company is scheduled to be held on 09 December 2016, inter alia, to consider and approve, the unaudited Financial Results of the Company for the 2nd quarter and half year ended 30 September 2016, both on Standalone and Consolidated basis (Q2).

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Board of Gillette India approves appointment of director
Dec 01,2016

Gillette India announced that the Board of Directors of the Company, at their meeting held on 01 December 2016 has approved proposal for appointment of Karthik Natarajan as Director and Whole-time Director of the Company by way of Shareholders resolution to be passed by postal ballot effective from date of passing of the Shareholders resolution.

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Board of Shilpa Medicare approves raising of funds up to Rs 175 crore
Dec 01,2016

Shilpa Medicare announced that the Board of Directors of the Company at its meeting held on 01 December 2016 approved the raising of funds up to Rs 175 crore by issuing equity shares on preferential basis to TA FII Investors, Mauritius at a price of Rs 570 per share of Re 1 each. The Board also proposed to increase the shareholding limit for FIIs/ FPI and Registered Foreign Investors with SEBI, to 40% from the existing limit of 30%.

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Board of Bombay Rayon Fashions to consider September quarter results
Dec 01,2016

Bombay Rayon Fashions announced that a Meeting of the Board of Directors of the Company is scheduled to be held on 13 December 2016, inter alia, to consider, approve and take on record, among other items of the agenda, the Un-audited Financial Results for the quarter/half year ended 30 September 2016.

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Atul Auto announces sales figures
Dec 01,2016

Atul Auto reported total sales of 3450 units in November 2016 compared to 4005 units in November 2015, registering a decline of 13.86%. For the period April to November 2016, total sales stood at 27854 units compared to 29367 units in the corresponding period of previous year, registering a decline of 5.15%.

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Cox & Kings gets reaffirmation in credit ratings for bank facilities
Dec 01,2016

Cox & Kings announced that Credit Analysis & Research (CARE), the Rating Agency, has reaffirmed and enhanced the Commercial Paper issue carved out of sanctioned working capital limit of the Company from the existing Rs. 1040 crore to Rs. 1082 crore. The Rating has been reaffirmed as CARE A1+ (A One Plus). Instruments with this rating indicate very strong capacity for timely payment of financial obligations and carry lowest credit risk.

CARE has also reaffirmed and enhanced the long term bank facilities of the Company from existing Rs. 1164 crore to Rs. 1206 crore. The Rating has been reaffirmed as CARE AA (Double A). Instruments with this rating indicate high safety for timely servicing of debt obligations and carry very low credit risk.

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Viksit Engineering announces change in company secretary and compliance officer
Dec 01,2016

Viksit Engineering announced that Anuj Nema has resigned from the position of Company Secretary and Compliance Officer of the Company w.e.f. closing working hours of 30 November 2016.

Further, Sumit Shivhare, a qualified Company Secretary, has joined the Company as Company Secretary and Compliance Officer w.e.f. 01 December 2016.

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Andhra Bank announces cessation of director
Dec 01,2016

Andhra Bank announced that K. Thamaraiselvan, Workmen Employee Director of the Bank have completed his term on 24 November 2016 and ceased to be Director on the Board of the Bank forthwith.

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Escorts announces tractor sales
Dec 01,2016

Escorts Agri Machinery segment sold 4,806 tractors in November 2016 compared to 4,706 tractors in November 2015, recording a growth of 2.1%. Total sales comprised of domestic sales of 4698 tractors and export of 108 tractors. For the period April - November 2016, total sales stood at 45,621 tractors compared to 36,881 units in the corresponding period of previous year.

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Ashok Leyland announces sales figures
Dec 01,2016

Ashok Leyland reported total sales of 9,574 units in November 2016 compared to 8,971 units in November 2015, recording a growth of 7%. For the period April 2016- November 2016, total sales rose 3% at 86,714 units compared to 84,309 units in the corresponding period of previous year.

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Maithan Alloys provides update on repairs for transformer at Visakhapatnam plant
Dec 01,2016

Maithan Alloys announced that said 132KV power transformer at the Companys Visakhapatnam plant is still under repair following damage due to heavy rains and floor in September 2016. The cost of repair is estimated to be around Rs 71.52 lakh. The transformer is likely to be received back from the repairer in January 2017.

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Maithan Alloys announces resumption of production at Byrnihat Unit
Dec 01,2016

Maithan Alloys announced that the production at Byrnihat Unit (Meghalaya) has commenced after repairing of Boiler Tubes of captive power plant catering power requirement of the said Unit.

There is no insurance coverage for the loss of production.

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Mahindra & Mahindra announces total auto sales figures
Dec 01,2016

Mahindra & Mahindra achieved total auto sales of 32,499 vehicles in November 2016 compared to 41,590 vehicles in November 2015. Domestic sales stood at 29814 units in November 2016 compared to 39,383 units in November 2015. Exports for November 2016 stood at 2,685 units, registering a growth of 22% over November 2015. Passenger vehicle segment sold 13,217 vehicles in November 2016 compared to 19,662 vehicle in November 2015.

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Mahindra & Mahindra announces tractor sales
Dec 01,2016

Mahindra & Mahindra reported total tractor sales of 17,262 units in November 2016 compared to 21,717 units in November 2015. Domestic tractor sales stood at 15,918 units in November 2016 compared to 20,819 units in November 2015. Exports for the month stood at 1,344 units.

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Crest Ventures announces change in CFO
Dec 01,2016

Crest Ventures announced that Parag Shah has been appointed as the Chief Financial Officer and Key Managerial Personnel of the Company with effect from 01 December 2016 in place of Arvind Jain who has resigned with effect from 30 November 2016.

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