Daily BSE Announcements:
Friday, November 16, 2018
Sandur Manganese Sandur Manganese & Iron Ores announced that the Board of Directors of the Company at its meeting held on 14 November 2018, inter alia, have recommended the interim dividend of Rs 3.5 per equity Share (i.e. 35%) , subject to the approval of the shareholders. Indsil Hydro Indsil Hydro Power & Manganese will hold a meeting of the Board of Directors of the Company on 26 November 2018. Kennametal India Kennametal India has appointed Naveen Chandra Prakash as Company Secretary and Compliance Officer of the Company with effect from 19 November 2018. Alankit Alankit announced that CARE Ratings has reaffirmed the rating CARE BBB+ (Triple B Plus; Outlook: Stable) assigned to Long -Term Bank facilities and CARE A3+ (A Three Plus) assigned to short term bank facilities availed by the Company. Firstobj.Tech. Firstobject Technologies appoints Naveen Singh as compliance officer of the company with effect from 16 November 2018. I O B Indian Overseas Bank announced the resignation of Sivaraman Anant Narayan from the post of Part Time Non Official Director with effect from 15 November 2018. Brijlaxmi Leas. Brijlaxmi Leasing & Finance announced that both Depositories vide NSDL & CDSL have allotted following new ISIN for Equity Shares of the Company having face value of Re 10/- (After consolidation in face value of Equity Shares). New ISIN for face up value of Re 10/- per Equity Share . INE957E01031 KNR Construct. KNR Constructions announced that ICICI Prudential Asset Management Company disclosed that their shareholding in the company as on date is 98,75,308 Equity Shares consisting of 7.02% of paid up share capital of the Company. Lemon Tree Hotel Lemon Tree Hotels has signed a License Agreement for a 76 room property located at Bhubaneswar, Odisha under the Company's brand 'Lemon Tree Premier'. The Hotel is expected to be operational by March, 2020. Carnation Hotels, the hotel management arm of the Company will be operating and marketing this hotel. FGP FGP has appointed Pratibha Mishra, a qualified Company Secretary as the Compliance Officer of the Company w.e.f 16 November 2018. M & M Mahindra & Mahindra announced that effective 1st January, 2019, it will increase the price of the Marazzo by Rs. 30,000 – Rs. 40,000. The Marazzo has been co-designed by the Mahindra Design Studio and the legendary Italian design house, Pininfarina. It has been engineered in collaboration with the Mahindra North America Technical Centre andthe Mahindra Research Valley, Chennai, making the Marazzo a globally engineered product. According to Veejay Ram Nakra, Chief of Sales and Marketing – Automotive Division, Mahindra & Mahindra, “As mentioned at the launch, the price of Marazzo was an introductory one. Effective 01 January 2019, we will be taking a price hike on the Marazzo, after a reasonable period of 4 months from its launch.” Trupti Twisters Trupti Twisters will hold a meeting of the Board of Directors of the Company on 19 November 2018. H U D C O Housing & Urban Development Corp. will hold a meeting of the Board of Directors of the Company on 26 November 2018. HDFC AMC HDFC Asset Management Company has allotted 85,340 equity shares under ESOP. Post the above allotment, the paid-up share capital of the Company is Rs. 1,06,21,55,800 consisting of 21,24,31,160 equity shares of Rs. 5each. Nishtha Finance Nishtha Finance & Investment (I) will hold a meeting of the Board of Directors of the Company on 22 November 2018. Polyplex Corpn Polyplex Corporation announced that the Board of Directors of the Company at its meeting held on 14 November 2018, inter alia, have recommended the interim dividend of Rs 10 per equity Share (i.e. 100%) , subject to the approval of the shareholders. BGIL Films & Tec BGIL Films & Technologies announced that the Annual General Meeting (AGM) of the company will be held on 10 December 2018. Ajcon Global Ajcon Global Services announced that the registered office of the company has changed from 101, Samarth, Off. Hinduja Hospital,151, LT. P.N. Kotnis Road, Mahim (W), Mumbai-400016 (M.H.) to 408, A-Wing, Express Zone, Near Patels, W.E. Highway,Goregaon (E) Mumbai-400063 (M.H.) w.e.f. 14 November, 2018. TCS Tata Consultancy Services has received the Thomas Bata award for Company of the Year from the Canada-India Business Council, an organization committed to advancing business, investment and trade opportunities between the two nations. TCS was recognized for its exemplary achievements in Canada, most notably the company's stellar business growth and impressive corporate social responsibility initiatives. With Canadian roots reaching back over 27 years, TCS has developed its solid reputation by partnering with many of the country's most innovative and influential companies. TCS is also among the top ten IT service providers in Canada and the number one job creator in the sector- having added almost 1,500 net new jobs tothe Canadian economy over a five-year period. ICICI Bank ICICI Bank has allotted 680,116 equity shares of face value of Rs 2 each on 16 November 2018 under ESOS. Welspun Corp Welspun Corp has been awarded a large order for India, from one of our very prestigious clients in North America for supply of @ 166 KMT of Pipes for an Oil & Gas project. Additionally, the company has also received orders in Oil & Gas and Water sectors in India. With the above additions, the Company's current order book stands at @ 1,851 KMTs valued at Rs 16600 crore. Pennar Inds. Pennar Industries announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 14 December 2018 . Acrysil The Board of Acrysil at its meeting held on 16 November 2018 has approved - Sub-division of Equity Shares of the Company from the existing face value of Rs. 10/- per equity share to face value of Rs. 2/- per equity share as per section 61 (1) (d) of the Companies Act, 2013 read with the rules made thereunder, subject to approval of the Members of the Company. The alteration of 'Capital Clause - Clause V' of the Memorandum of Association of the Company as per Section 13 and 61 and all other applicable provisions, if any, of the Companies Act, 2013 read with the rules made thereunder, subject to the approval of the Members of the Company. Notice of Convening Extraordinary General Meeting of the Company to be held on 21 December 2018. Arshiya The Board of Arshiya at its meeting held on 16 November 2018 has decided to withdraw Preferential Issue of upto 8,00,000 Warrants carrying an entitlement to subscribe to an equivalent number of equity shares of face value of Rs. 2/- each on preferential basis to Non Promoters. Ajmera Realty Ajmera Realty & Infra India jointly with Mayfair Housing and Bahrain's Kooheji Golden Gate ,Developer has launched its highly anticipated residential project named "Golden Gate" at Bahrain Bay. The Project is located in the heart of Bahrain Bay, which is a landmark area of Bahrain. Golden Gate will be developed over 15 Lakhs sq.ft providing striking views of the waterfront and iconic Bahrain Bay landmark and for which Land was already acquired prior. Golden Gate aims to boastthe tallest residential towers in Bahrain ,consisting of two towers ,with 45 and 53 storeys and a total of 746 luxurious apartments . Golden Gate is said to feature design fusion rich of Indian and Bahraini cultures. It is sets to be completed appox. in 36 months and projected to earn a turnover of Rs.1100 to Rs.1200 crore approx. SREI Infra. Fin. SREI Infrastructure Finance announced that all the Listed Secured Non- Convertible Debentures issued by the Company and outstanding as on 30 September, 2018 are secured to the extent of 100% by exclusive charge on receivables/ assets and charge/ mortgage of immovable property, wherever applicable. Prime Securities Prime Securities announced that Anil Dharker, Independent Director has resigned from the Board of the company with effect from 13 November 2018. NDTV New Delhi Television has completed the sale of entire equity stake held by the company and NDTV Convergence, a subsidiary of the company, in Special Occasions, another subsidiary of the Company, to Wedding Junction. Consequently, Special Occasions has ceased to be a subsidiary of the Company w.e.f. 14 November 2018. PNC Infratech PNC Infratech announced that Credit Analysis & Research (CARE), has assigned credit rating on the bank facilities of its Subsidiary Companies, PNC Triveni Sangam Highways and PNC Aligarh Highways, as follows:-' PNC Triveni Sangam Highways Long term Bank facilities - Provisional CARE A-; Stable (Provisional Single A Minus; Outlook : Stable) Assigned PNC Aligarh Highways Long term Bank facilities - Provisional CARE A; Stable (Provisional single A; Outlook : Stable) Assigned Rain Industries Rain Industries announced that the Board of Directors of the Company at its meeting held on 14 November 2018, inter alia, have recommended the interim dividend of Rs 1 per equity Share (i.e. 50%) , subject to the approval of the shareholders. Vardhman Polytex Vardhman Polytex announced the sad demise of Ashok Kumar Oswal, Chairman & Managing Director of the company on 15 November 2018. Maximaa Systems Maximaa Systems has appointed Hemant Khatri as CFO (Key Managerial Personnel) of the Company w.e.f. 14 November, 2018. Shree Rama News. Shree Rama Newsprint announced that Kavita Tapan Patel has resigned due to personal reason from the Board of Directors of the Company w.e.f. 15 November 2018. Shilpa Medicare Shilpa Medicare has received tentative approval from USFDA for its ANDA for Dimethyl Fumarate Delayed Release Capsules 120 mg & 240 mg. Dimethyl Fumarate Delayed Release Capsules 120 mg & 240 mg is a generic of TECFIDERA, used in the treatment of patients with relapsing forms of multiple sclerosis. This ANDA is a first to file submission made on NCE-1 dated March 27, 2017. FDA review process was completed and got approval within a period of 19.5 months from the date of submission. According to IQVIA MAT Q2 2018 data, the US market for Dimethyl Fumarate DR Capsules is approximately US$ 3.46 billion. IDBI Bank IDBI Bank announced that S&P Global Ratings has vide their bulletin dated 15 November 2018 affirmed ''BB'' long term and ''B'' short term issuer credit ratings on IDBI Bank to remain on credit watch with negative implications due to uncertainty regarding the Bank's ability to meet its capital requirements in the near term as timing of LIC deal is still uncertain. Page Industries Page Industries announced that the Board of Directors of the Company at its meeting held on 14 November 2018, inter alia, have recommended the second interim dividend of Rs 41 per equity Share (i.e. 410%) , subject to the approval of the shareholders. 3i Infotech 3i Infotech has appointed Anjoo Navalkar (DIN- 00270356) as an Additional (Non-Executive) Director on the Board of the Company with immediate effect. AVG Logistics AVG Logistics will hold a meeting of the Board of Directors of the Company on 19 November 2018. Atlas Cycles Atlas Cycles (Haryana) will hold a meeting of the Board of Directors of the Company on 26 November 2018. TTK Healthcare TTK Healthcare has entered into an agreement with i-Health, lnc.,USA, for distribution of their health and wellness products in lndia. Dewan Hsg. Fin. Dewan Housing Finance Corporation has allotted 15,000 secured, redeemable, non-convertible debentures of face value of Rs 10 lakh each aggregating Rs 1500 crore. Karnataka Bank Karnataka Bank has allotted 40,000 rated unsecured redeemable non convertible Basel III Compliant Lower Tier 2 Subordinate Bonds in the nature of Debentures of face value of Rs 1 lakh each at par to investors on private placement basis aggregating Rs 400 crore. Indra Industries Indra Industries announced the appointment of Sanjay K Patil as CFO with effect from 14 November 2018. Jyothy Lab. Jyothy Laboratories has allotted 36,20,470 Equity Shares of Re. 1/- each to the eligible employee of the Company under ESOS 2014-A. Glenmark Pharma. Glenmark Pharmaceuticals has been granted final approval by the United States Food & Drug Administration (U.S. FDA) for Teriflunomide Tablets, 7 mg and 14 mg, a generic version of Aubagio®1 Tablets, 7 mg and 14 mg, of Sanofi-Aventis U.S., LLC. With respect to 180-day generic drug exclusivity, we note that Glenmark was one of the first ANDA applicants to submit a substantially complete ANDA for Teriflunomide Tablets, 7 mg and 14 mg, with a paragraph IV certification. Therefore, with this approval, Glenmark is eligible for 180 days of shared generic drug exclusivity for Teriflunomide Tablets, 7 mg and 14 mg. V2 Retail V2 Retail has launched one operational retail store at Shahjahanpur, Shejadpur in Uttar Pradesh. This takes the total number of stores operational to 73. Maan Aluminium Maan Aluminium announced that the Board of Directors of the Company at its meeting held on 14 November 2018, inter alia, have recommended the interim dividend of Rs 1 per equity Share (i.e. 10%) , subject to the approval of the shareholders. Bharatiya Glob. Bharatiya Global Infomedia announced that the Annual General Meeting (AGM) of the company will be held on 10 December 2018. Sadbhav Infra. Sadbhav Infrastructure Project announced that the Board of Directors of the Company at its meeting held on 14 November 2018, inter alia, have recommended the interim dividend of Rs 0.2 per equity Share (i.e. 2%) , subject to the approval of the shareholders. Advance Meter. Advance Metering Technology announced the resignation of Vikram Ranade from the post of Executive Director. He will continue as a non Executive Director on the Board of Directors of the Company w.e.f 15 November 2018. RCI Industries RCI Industries & Technologies announced that the Board of Directors of the Company at its meeting held on 14 November 2018, inter alia, have recommended the interim dividend of Rs 0.5 per equity Share (i.e. 5%) , subject to the approval of the shareholders. Quess Corp Quess Corp announced that Rajesh Kumar Modi has resigned from the position of Vice President - Company Secretary & Legal of the Company on 09 November 2018.