Maruti Suzuki India, Zee Entertainment Enterprises, Bharti Infratel and Dr Reddy's Laboratories are scheduled to unveil Q1 results today, 26 July 2016. Cement makers ACC and Ambuja Cements will unveil Q2 June 2016 results today, 26 July 2016.
Tata Motors intends to raise Rs 400 crore from the issue of rated, listed, unsecured, redeemable, non-convertible debentures (NCDs) aggregating to Rs 400 crore. In this regard, the company is holding a meeting of its duly constituted committee of the board on 28 July 2016. The announcement was made after trading hours yesterday, 25 July 2016.
Canara Bank's net profit fell 52.19% to Rs 228.95 crore on 3.81% decline in total income to Rs 11786.35 crore in Q1 June 2016 over Q1 June 2015. The result was announced after trading hours yesterday, 25 July 2016.
Central Bank of India said that the capital raising committee of the board of directors of the bank at their meeting held on 25 July 2016 approved raising of equity capital by issuance and allotment of upto 12.38 crore equity shares of the face value of Rs 10 each at the issue price of Rs 104.76 per equity share, aggregating to Rs 1297 crore to President of India (Government of India) on preferential basis. The capital raising committee also decided to hold an extra-ordinary general meeting (EGM) of shareholders on 18 August 2016 to consider the issue price for the proposed allotment. The announcement was made after trading hours yesterday, 25 July 2016.
PNC Infratech has been awarded a project involving four laning of Etah to Kasganj road in Uttar Pradesh for a contract value of Rs 232.91 crore. The company received the Letter of Award (LoA) from Public Works Department (PWD), Uttar Pradesh, on 25 July 2016. The announcement was made after trading hours yesterday, 25 July 2016.
Sunil Hitech Engineers scheduled a meeting of the board of directors of the company on 10 August 2016, to consider 10-for-1 stock split. The announcement was made after trading hours yesterday, 25 July 2016.
Sintex Industries said that its board will meet on Thursday, 28 July 2016, to consider rights issue of equity shares. The board will also consider issuing unsecured/secured redeemable non-convertible debentures/bonds aggregating up to Rs 1000 crore on a private placement basis, in one or more tranches. The announcement was made after trading hours yesterday, 25 July 2016.
Adani Power said that the convertible warrant holders, to whom the warrants were allotted in the month of May 2016 on preferential basis, have exercised their rights for conversion and applied for conversion of part of the warrants into equity shares.
Consequently, management committee of the board of directors of the company at its meeting held on 25 July 2016 has made allotment of total 2.75 crore equity shares of the face value of Rs 10 each (with a premium of Rs 22.54 per equity share) to the convertible warrant holders.
Subsequent to this allotment, the shareholding of the promoter and promoter group has increased to 63.738% of the enhanced paid up equity share capital of the company. The announcement was made after trading hours yesterday, 25 July 2016.
MOIL said it has received approval from the Government of Madhya Pradesh (MP) for mining lease of over 76.409 hectare land in Bharveli Awalajhari village of MP. The company is taking necessary steps to register and execute mining lease at the earliest possible. The announcement was made after trading hours yesterday, 25 July 2016.
Nava Bharat Ventures said that Maamba Collieries (MCL), the step-down subsidiary in Zambia, has synchronized the first 150 megawatts (MW) unit of the 300 MW power plant with the Zambian Grid. The synchronization of the second 150 MW unit will follow soon while stabilization and commercial operations of the two units will be pursued in the coming weeks. The announcement was made after trading hours yesterday, 25 July 2016.
Manappuram Finance said it is proposes to issue secured redeemable non-convertible debentures for Rs 100 crore, with a green shoe option of Rs 50 crore, aggregating to Rs 150 crore on private placement basis. Proposed date of allotment for the above issue will be on 28 July 2016. The announcement was made after trading hours yesterday, 25 July 2016.
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