Daily BSE Announcements:
Friday, February 15, 2019
Schaeffler India Schaeffler India announced that the Annual General Meeting (AGM) of the company will be held on 30 April 2019. Panjon The Board of Panjon at its meeting held on 14 February 2019 has approved the appointment of Anju Kothari as Additional Director. The board took note of sad demise of Chairman Nagin Chandra Kothari. The board has appointed Jay Kothari as the Chairman of the Company. Filatex Fash. Filatex Fashions announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 15 March 2019 . NDA Securities NDA Securities announced the resignation of Lalit Kumar Gupt, Independent Director of the Company on 14 February 2019. O N G C Oil & Natural Gas Corporation announced that the Board of Directors of the Company at its meeting held on 14 February 2019, has recommended a Interim dividend of Rs.5.25 per share(i.e.105%), subject to the approval of the shareholders. Frontline Corp. Frontline Corporation will hold a meeting of the Board of Directors of the Company on 14 February 2019. B.L.Kashyap B.L.Kashyap & Sons has allotted 1 crore equity shares to Samsara Fund Advisors on conversion of warrants on 15 February 2019. Subsequently, the paid up share capital has increased to 22,54,40,000 equity shares of Re 1 each. Stovec Inds. Stovec Industries announced that the Board of Directors of the Company at its meeting held on 14 February 2019, has recommended a Final dividend of Rs.40 per share(i.e.400%), subject to the approval of the shareholders. Elango Inds. Elango Industries announced that Dr. V.R Subramanian has resigned as Director of the company on 12 February 2019. Manaksia Manaksia announced that the Board of Directors of the Company at its meeting held on 14 February 2019, has recommended a Interim dividend of Rs.3 per share(i.e.150%), subject to the approval of the shareholders. Looks Health Looks Health Services has appointed Deepesh Shah as Company Secretary and Compliance Officer w.e.f. 14 February 2019. Nestle India Nestle India announced that the Board of Directors of the Company at its meeting held on 14 February 2019, has recommended a Final dividend of Rs.25 per share(i.e.250%), subject to the approval of the shareholders. Scanpoint Geoma Scanpoint Geomatics announced that the Board of Directors of the Company at its meeting held on 14 February 2019, inter alia, has considered and approved the fund raising by the Company of an amount aggregating up to Rs. 9.97 crore by issue of equity shares of face value of Rs. 2/- each ("Equity Shares") on a rights basis to all existing members of the Company as on record date as may be decided by the board or committee thereof ("Rights Issue"). KNR Construct. KNR Constructions announced that CRISIL Rating has upgraded the company's long term credit rating from A+ Positive to 'AA- Stable' and short term rating was reaffirmed to CRISIL A1+. Majesco Majesco's insurance arm and a subsidiary company, Majesco USA announced that its board of directors has approved the switching of the listing of its common stock from the New York Stock Exchange - American to The NASDAQ Stock Market LLC ®. Effective 26 February 2019, the company is expected to commence trading on the Nasdaq Global Stock Market under the symbol NASDAQ: MJCO. Yash Chemex Yash Chemex announced that the Board of Directors of the Company at its meeting held on 14 February 2019, has recommended a Interim dividend of Rs.0.3 per share(i.e.3%), subject to the approval of the shareholders. KSB KSB will hold a meeting of the Board of Directors of the Company on 27 February 2019. Natl. Steel&Agro National Steel & Agro Industries will hold a meeting of the Board of Directors of the Company on 28 February 2019. Harita Seating The Board of Harita Seating Systems at its meeting held on 14 February 2019 has approved the draft Composite Scheme of Arrangement of Harita (transferor company 1) and Harita Venu (transferor company 2) and Harita Cheema (transferor company 3) and Harita Financial Services (transferor company 4) and Harita Seating Systems (transferor company 5) and Minda Industries (transferee company) and their respective shareholders. The scheme provides for - Amalgamation of the Transferor Company 1, Transferor Company 2, Transferor Company 3 and Transferor Company 4 with the Transferee Company; and Amalgamation of the Company with the Transferee Company. Seya Indus. Seya Industries announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 12 March 2019 . Advance Lifes. Advance Lifestyles has appointed Usha H Muliya as Independent Director of the company. The Invest.Trust The Investment Trust of India will hold a meeting of the Board of Directors of the Company on 19 February 2019. S S Organics S S Organics has appointed Sanagari Kondal Reddy as Additional Director of the company. Sonal Mercantile Sonal Mercantile announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 15 March 2019 . Neelamalai Agro The Board of Neelamalai Agro Industries has appointed S.Lakshmi Narasimhan as Company Secretary and Compliance Officer of thecompany to hold office w.e.f. 14 February 2019. IP Rings IP Rings will hold a meeting of the Board of Directors of the Company on 22 February 2019. Transchem Transchem will hold a meeting of the Board of Directors of the Company on 20 February 2019. Tata Steel BSL Tata Steel BSL announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 11 March 2019 . Emerald Leisures Emerald Leisures announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 14 March 2019 . Prabhav Ind Prabhav Industries announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 11 March 2019 . Suzlon Energy Suzlon Energy announced that CARE has revised the credit ratings of the company as under - Long Term / Short Term Bank Facilities - CARE BB; Negative / CARE A4 (Revised from CARE BBB-; Negative / CARE A3) Long Term Bank Facilities - CARE BB; Negative (Revised from CARE BBB-; Negative) Commercial Paper - CARE A4 (Revised from CARE A3) Refex Industries The Board of Refex Industries at its meeting held on 14 February 2019 has approved fund raising by way of rights issue for an aggregate amount of Rs 25 crore. Alembic Pharma Alembic Pharmaceuticals announced that it has received approval fromthe US Food & Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) Moxifloxacin Ophthalmic Solution USP, 0.5%. The approved ANDA is therapeutically equivalent to the reference listed drug product (RLD) Vigamox Ophthalmic Solution USP, 0.5%, of Novartis Pharmaceuticals Corporation. Moxifloxacin Ophthalmic Solution USP, 0.5% is indicated for the treatment of bacterial conjunctivitis caused bysusceptible strains of certain organisms. Moxifloxacin Ophthalmic Solution USP, 0.5% has an estimated market size of US$ 68 million for twelve months ending December 2018 according to IQVIA. Bajaj Healthcare Bajaj Healthcare will hold a meeting of the Board of Directors of the Company on 19 February 2019. Dalmia Bharat The Board of Dalmia Bharat Sugar & Industries at its meeting held on 14 February 2019 has approved the appointment of Bharat Bhushan Mehta as Whole Time Director of the Company with effect from 01 April 2019, subject to the approval of the shareholders, for a term of 3 years. Nahar Indl. Ent. Nahar Industrial Enterprises announced that ICRA has revised the long term and short term rating for Rs 1471 crore bank facilities of the company to ICRA A- and ICRA A2+ from ICRA A and ICRA A1 respectively. The outlook on the long term ratings is stable. Advani Hotels. Advani Hotels & Resorts (India) announced that the Board of Directors of the Company at its meeting held on 14 February 2019, has recommended a Interim dividend of Rs.0.6 per share(i.e.30%), subject to the approval of the shareholders. Sanghi Inds. Sanghi Industries announced that ICRA has reaffirmed the credit rating ICRA A for Non Convertible Debentures (Rs 258 crore). Saboo Sodium Saboo Sodium Chloro announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 14 March 2019 . Ajel Ajel announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 18 March 2019 . Riba Textiles The Board of Riba Textiles at its meeting held on 14 February 2019 has deferred the matter of sub-division of equity shares. Spectrum Foods Spectrum Foods announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 14 March 2019 . Ruchika Inds. Ruchika Industries India announced that Govind Adya Chaubey has been appointed as an Additional Directors (executive) of the company with effect from 15 February 2019. HDFC AMC HDFC Asset Management Company will hold a meeting of the Board of Directors of the Company on 26 February 2019. MSP Steel & Pow. MSP Steel & Power announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 12 March 2019. SPARC Sun Pharma Advanced Research Company has received a communication from Sun Pharma Global FZE (SPGFZE), a wholly owned subsidiary of Sun Pharmaceutical Industries, informing that SPGFZE is not planning to launch ElepsiaTM XR (Levetiracetam Extended-Release Tablets) as CNS is not its focussed therapeutic area in US market, and therefore SPGFZE has decided to return the product rights back to SPARC. SPARC had out-licensed ELEPSIATM XR to SPGFZE in July 2016; and was eligible for sales linked milestone and royalties upon commercialization of Elepsia TM XR. Consequently, SPARC would find another partner for commercialising the captioned product.