Wockhardt said that competent authority, Berlin, Germany has since issued EU GMP Certificate confirming that company's manufacturing facility at 138, GIDC Estate, Ankaleshwar, Gujarat, complies with the principles and guidelines of Good Manufacturing Practices.
The certificate issued in this regard is valid for 3 years. The announcement was made after market hours yesterday, 5 January 2017.
Piramal Enterprises said that the company's wholly owned subsidiary, Piramal Finance (PFL) is in the business of providing financial services. In line with the company's growth plans, PFL will now be making an application to the National Housing Bank (NHB) for incorporating a housing finance company (HFC) as its subsidiary.
This has been approved by the company's board of directors at its meeting yesterday, 5 January 2017. The announcement was made after market hours yesterday, 5 January 2017.
Credit Analysis and Research (CARE) announced that the company has been operating in Maldives based on licence issued by Capital Market Development Authority (CMDA), Maldives. The current licence issued by CMDA expired on 5 January 2017.
After a review of the past operations and future prospects in Maldives, CARE has decided not to renew its licence. This has been already notified to CMDA. Hence, operations of CARE in Maldives stands closed from 6 January 2017. The announcement was made after market hours yesterday, 5 January 2017.
Indian Bank announced different benchmark marginal cost of funds based lending rate (MCLR) rates with effect from 7 January 2017. The overnight MCLR stands at 8.4%. The announcement was made after market hours yesterday, 5 January 2017.
More From This Section
Majesco, USA, the insurance arm and subsidiary company of Majesco announced that Majesco Rating in cloud to be implemented by New York Life to offer real-time rate display across group online application portals. The announcement was made after market hours yesterday, 5 January 2017.
New York Life implemented Majesco Rating, for their Group Membership Association Division (GMAD). New York Life Insurance Company is a mutually owned Fortune 100 company and one of the largest life insurers in the world. The Group Membership Association Division is a unit dedicated to serving the insurance needs of over 600 membership groups across North America.
TCI Industries announced that pursuant to the members approval accorded in their meeting held on 2 August 2016, the share allotment committee of the board of directors of the company at a meeting held on 5 January 2017 has issued and allotted 13,444, 0% non-convertible redeemable preference shares (NCRPS) of face value of Rs 100 each at a premium of Rs 300 each. The announcement was made after market hours yesterday, 5 January 2017.
Parag Milk Foods announced that Sales Tax Authorities had pursuant to Section 64 of Maharashtra Value Added Tax Act, 2002, conducted an inspection at the offices of the company at the registered office at Pune, at company's plant at Manchar and the corporate office at Nariman Point Mumbai, which is concluded on 5 January 2017.
The Sales Tax Authorities have conducted inspection starting financial year 2012-2013 and identified some transactions in relation to the consignment agents which were made by the company for interstate transfer of goods and the company has agreed to reclassify the transactions of goods as local sales.
The company have provided the fullest co-operation to the authorities to complete the enquiry and provided the information sought by them. The company has filed revised VAT returns and agreed to pay the additional tax liability on account of reclassification. There is no implication on the continued operations of the Company as a result of this visit. The announcement was made after market hours yesterday, 5 January 2017.
Jubilant Life Sciences announced about the issuance of commercial papers of Rs 50 crore having coupon rate of 6.79% per annum. The tenure of the instrument is 61 days. The announcement was made after market hours yesterday, 5 January 2017.
Powered by Capital Market - Live News