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IndusInd Bank allots 24610 equity shares
Feb 03,2017

IndusInd Bank has allotted 24,610 (Twenty Four Thousand Six Hundred Ten) equity shares of Rs. 10/- (Rupees Ten Only) each on 02 February 2017 to those grantees who had exercised their option under the Companys Employee Stock Option Scheme.

The said shares will rank pari-passu with the existing shares of the Company in all respect.

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Board of Transport Corporation of India declares 2nd interim dividend
Feb 03,2017

Transport Corporation of India announced that the Board of Directors of the Company at its meeting held on 02 February 2017, inter alia, has:

- Declared payment of 2nd Interim Dividend @25% (Re. 0.50 per share of face value of Rs. 2/- each) to the Shareholders. The payment of dividend/dispatch of warrants will be completed within 30 days of declaration of Interim Dividend i.e. on or before 03 March 2017.

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Board of Aegis Logistics declares 2nd interim dividend
Feb 03,2017

Aegis Logistics announced that the Board of Directors of the Company at its meeting held on 02 February 2017, inter alia, have considered and approved / noted the following:

1. Declared 2nd Interim Dividend of 35% on equity shares of face value of Re.1/-i.e. Rs.0.35 (i.e. 35 paise) per share and the Company has fixed 23 February 2017 as the payout date for payment of Interim Dividend.

2. Exit offer to the public shareholders of the Companys subsidiary n++Sea Lord Containersn++ at a price of Rs.576.10 per share as determined by an Independent Valuer in accordance with the SEBI Circular dated October 10, 2016 and Section 236 of the Companies Act, 2013. Public shareholding in Sea Lord Containers as on date is 8.53% of the paid up capital

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Granules India intimates of successful completion of re-inspection of Gagillapur facility
Feb 03,2017

Granules India announced the successful completion of re-inspection of its Gagillapur facility in Telangana by INFRAMED, Portugal. The re-inspection of the said facility was conducted by INFRAMED from 31 January to 02 February 2017.

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Bombay Burmah Trading Corporation redeems Commercial Paper aggregating Rs 50 crore
Feb 03,2017

Bombay Burmah Trading Corporation announced that Commercial paper issued by the Corporation on 04 November 2016 for Rs.50 crore with Maturity date of 02 February 2017 has been redeemed.

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Board of Cravatex approves acquisition of Cravatex Brands and business transfer agreement
Feb 03,2017

Cravatex announced that the Board of Directors of the Company at its meeting held on 02 February 2017 transacted the following -

Approved acquisition of 100% equity stake (3000 equity shares) of Cravatex Brands by the Company, resulting in Cravatex Brands becoming a wholly owned subsidiary of the Company.

Approved the sale and transfer of Companys business of import, marketing and distribution and servicing of fitness equipment as well as through licensing arrangements with global brands the marketing, distribution and retail of footwear, apparel and sporting goods to Cravatex Brands for a lump sum consideration of Rs 32.68 crore. The said lump sum will be discharged by Cravatex Brands by issue and allotment to the Company 32.68 lakh equity shares of Cravatex Brands.

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Parag Milk Foods launches new product Avataar Absolute Whey Protein
Feb 03,2017

Parag Milk Foods has launched new product Absolute Whey Protein with the brand name Avataar on 01 February 2017. The product is available in Double Chocolate flavour in pack sizes of 2 LBS and 5 LBS.

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Shares of Raideep Industries get listed
Feb 03,2017

The equity shares of Raideep Industries (Scrip Code: 540270) are listed effective 03 February 2017 and admitted to dealings on the Exchange in the list of XT Group Securities.

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TVS Motor Company announces sales performance
Feb 02,2017

TVS Motor Company posted sales of 207,059 units in the month of January 2017 as against 208,485 units recorded in the month of January 2016.

Total two-wheelers registered sales of 202,209 units in January 2017 as against 201,233 units in January 2016. Domestic two-wheelers recorded sales of 172,101 units in January 2017 as against 172,162 units recorded in January 2016.

Scooters sales grew by 12 % from 62,552 units in the month of January 2016 to 70,049 units in the month of January 2017. Motorcycles recorded sales of 60,275 units in January 2017 as against 83,374 units registered in the month of January 2016.

Three-wheeler of the Company registered sales of 4,850 units in January 2017 as against 7,252 units in January 2016.

The Companys total exports registered sales of 34,110 units in the month of January 2017 as against 34,823 units recorded in the month of January 2016. Two-wheeler exports registered sales of 30,108 units in January 2017 as against 29,071 units in January 2016.

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Surya Roshni bags order worth Rs 80.30 crore
Feb 02,2017

Surya Roshni has obtained orders through competitive e-bidding for 2.86 lakh LED street lights amounting to Rs 80.30 crore under all India SLNP (Steet Lighting National Programme) for Pan India from Energy Efficiency Services.

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IDFC Bank announces appointment of nominee director
Feb 02,2017

IDFC Bank announced that Anindita Sinharay has been appointed as a Nominee Director, representing Government of India, on the Board of IDFC Bank (the Bank) w.e.f. 01 February 2017.

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Strides Shasun receives tentative approval for Fingolimod Capsules
Feb 02,2017

Strides Shasun announced that its subsidiary, Strides Shasun Global, Singapore has received tentative approval from the USFDA for its Para IV filing of Fingolimod Capsules, 0.5 mg. The can be launched on generic market formation expected in February 2019, with a potential 180 day exclusivity.

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Advance Metering Technology announces resignation of CFO
Feb 02,2017

Advance Metering Technology announced that Ravinder Singh has resigned from the post of Chief Financial Officer (CFO) of the Company w.e.f. 31 January 2017.

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Ujjivan Financial Services completes transfer of business to Ujjivan Small Finance Bank
Feb 02,2017

Ujjivan Financial Services announced that it has transferred its business to Ujjivan Small Finance Bank. Further, Ujjivan Small Finance Bank has commenced operations as a small finance bank with effect from 01 February 2017.

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Hypersoft Technologies announces resignation of company secretary
Feb 02,2017

Hypersoft Technologies announced that the Khushboo Joshi, Company Secretary & Compliance Officer of the Company has tendered the Resignation from the post with immediate effect.

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