Bosch said it has fixed 6 September 2016 as the record date for the proposed buyback offer of the company. The announcement was made after market hours yesterday, 24 August 2016.
InterGlobe Aviation will be watched. With reference to news report stating that Tigerair will take back the 12 jets subleased to Indigo, InterGlobe Aviation clarified that Tiger Airways has not asked for any of the airplanes leased to the company to be returned before the end of the contracted lease terms. The expiry of the lease of the first of these airplanes is during the second half of the calendar year 2017. The announcement was made after market hours yesterday, 24 August 2016.
InterGlobe Aviation is the operator of low cost passenger airline IndiGo which is India's largest airline with a market share of 38.10% in June 2016.
Britannia Industries will be watched. With respect to news report stating that ITC has moved court over Britannia copying Sunfeast biscuit packaging, Britannia Industries clarified that ITC has filed a suit against Britannia Industries at Delhi High Court alleging that Britannia is copying the color combination of ITC's "Sun Feast Farmlite Digestive- All Good" Biscuit Packs for its "Nutri Choice Digestive Zero" biscuit packs. The matter came up for hearing before Delhi High Court on 22 August 2016 and 24 August 2016. The next date of hearing is 31 August 2016. No injunction (stay) has been granted as of now. As the matter is sub-judice, the company cannot comment further on this matter, Britannia Industries said. The announcement was made after market hours yesterday, 24 August 2016.
IDBI Bank said that the bank proposes to issue an additional Tier 1 bonds amounting to Rs 1500 crore with deemed date of allotment on 30 August 2016. The announcement was made after market hours yesterday, 24 August 2016.
PNC Infratech's net profit jumped 145.59% to Rs 64 crore on 22.05% rise in total income to Rs 532.44 crore in Q1 June 2016 over Q1 June 2015. The announcement was made after market hours yesterday, 24 August 2016.
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Century Plyboards (India) said that the company has disinvested its entire shareholding in its subsidiary Innovation Pacific Singapore Pte. (IPSPL). Consequently, both IPSPL and step-down subsidiary Vietnam Innovation Pacific JSC has ceased to be subsidiaries of the company with effect from 24 August 2016. The announcement was made after market hours yesterday, 24 August 2016.
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