Castex Technologies clarified after trading hours yesterday, 18 June 2015, that FCCBs issued by the company are due for repayment in September 2017. No FCCBs have matured for repayment and there are no defaults on any FCCBs issued by the company. The company issued the clarification after a television channel reported that the company is facing trouble with $70 million FCCB issue. The news item suggesting trouble with bond holders is not correct and non-factual, Castex Technologies said. The company has been reporting all the significant and material information to the exchanges, Castex Technologies said.
Amtek Auto clarified after trading hours yesterday, 18 June 2015, that the company has not issued FCCB of $70 million. The company issued this clarification to the media reports titled "The Company facing trouble with $70 million FCCB issue". The news is factually not correct, Amtek Auto said.
Astral Poly Technik after trading hours yesterday, 18 June 2015, announced that the company has closed down operations at manufacturing unit at Baddi, Himachal Pradesh because it has become commercially unviable to run the plant.
Blue Dart Express said that a meeting of the Board of Directors of the company will be held on 22 June 2015 for noting of approval received from Foreign Investment Promotion Board (FIPB), Ministry of Finance, New Delhi in respect of enhancing stake of Blue Dart Express into Blue Dart Aviation from the present 49% to 74% and initiating steps in connection therewith. The announcement was made at fag end of the day's trading session yesterday, 18 June 2015.
Prakash Industries said that a meeting of the Board of Directors of the company will be held on 24 June 2015 to consider and to take note of the relevant date for the proposed issue of new securities as part of restructuring the FCCBs as per the guidelines prescribed by various statutory authorities. The announcement was made after market hours yesterday, 18 June 2015.
IL&FS Engineering and Construction Company said the Board of Directors of the company at its meeting held yesterday, 18 June 2015 has discussed the issue of equity shares including on preferential basis as per Sebi regulations. The board of directors decided that further details of the available options need to be examined and accordingly the issue of fund raising options will be decided in the next meeting. The announcement was made after market hours yesterday, 18 June 2015.
Suprajit Engineering said that the company has completed the acquisition of 51% stake in Phoenix Lamps on 18 June 2015. The company further reported that the open offer related activities are progressing as per plan. The announcement was made after market hours yesterday, 18 June 2015.
Infinite Computer Solutions (India) said that a meeting of the Board of Directors of the company will be held on 23 June 2015, to consider a proposal for buy-back of equity shares up to such amount of the aggregate of company's paid up equity share capital and free reserves as the board may decide in accordance with the provisions of Sections 68 of the Companies Act, 2013 and the Securities and Exchange Board of India (Buy Back of Securities) Regulations, 1998. The announcement was made after market hours yesterday, 18 June 2015.
Premier Explosives after trading hours yesterday, 18 June 2015, announced that the company has received industrial license from the Department of Industrial Policy and Promotion (DIPP) for three products.
Shares of Hindustan Unilever turn ex-dividend today, 19 June 2015 for final dividend of Rs 9 per share for the year ended 31 March 2015.
Shares of Birla Corporation turn ex-dividend today, 19 June 2015 for dividend of Rs 6 per share for the year ended 31 March 2015.
Shares of Essel Propack turn ex-dividend today, 19 June 2015 for dividend of Rs 1.60 per share for the year ended 31 March 2015.
Shares of Bank of Maharashtra turn ex-dividend today, 19 June 2015 for dividend of Rs 0.80 per share for the year ended 31 March 2015.
Powered by Capital Market - Live News
