FDC Limited to acquire further stake in South Africa firm

FDC Limited (“Company”) has entered into definitive agreements for the acquisition of additional stake in Fair Deal Corporation pharmaceutical SA (PTY) Ltd., South Africa (“FDC SA”) through secondary acquisition of 143,000 equity shares of FDC SA, having Face value of RAND 1 each, and representing 44% of the share capital of FOCSA from Pharma Q Holdings Pty Ltd (“Pharma Q”), one of the joint venture partner and settlement of outstanding loan of ZAR 6.5 million equivalent to INR 2,92,31,280 (approximately) availed by FOCSA from Pharma Q. The said transaction is…

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Energy Development Company Ltd board recommends dividend of Rs. 0.50

The Board of Directors of Energy Development Company Ltd at its meeting held on August 07, 2020, have recommended payment of Dividend @5% on the paid-up share capital of the Company (Rs. 0.50 per equity shares of Rs. 10/- each) for the financial year 2019-20 (subject to approval of members at the ensuing Annual General Meeting). The dividend, if approved, shall be paid within 30 days from the date of the Annual General Meeting. Shares of ENERGY DEVELOPMENT COMPANY LTD. was last trading in BSE at Rs.5.99 as compared to…

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Hero MotoCorp donates unique first responder vehicles to Civil Hospital, Gurugram

As part of its ongoing Corporate Social Responsibility (CSR) initiatives towards the COVID19 relief efforts, Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, today handed over two first responder vehicles to Civil Hospital, Gurugram. These unique and utilitarian vehicles will be useful for reaching out to patients in rural and remote areas and comfortably moving them to the nearest hospitals. These First Responder Vehicles (FRVs) have been custom-built as an accessory on the powerful Xtreme 200R motorcycles of Hero MotoCorp. The FRVs has been equipped with a full…

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Mirchi revenues fall 72%, but market share rises to 33%

Entertainment Network (India) Ltd, the operator of India’s #1 FM radio channel Radio Mirchi, today announced results for the quarter ended June 30, 2020. The Company posted a total revenue of Rs. 37.0 crores during the quarter, a de-growth of 71.9% compared to Q1FY20 on account of Covid induced lockdowns. Cost control initiatives resulted in 27% lower other operating cost. EBITDA loss during the quarter was Rs.26.0 crores on account of the topline decline. Net loss for the quarter was Rs.36.6 crores due to the combined impact of Covid &…

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FDC Ltd board approves buy-back at Rs. 450

The Board of Directors of FDC Ltd at its meeting held on August 07,2020 has inter-alia approved the proposal to Buyback its own fully paid up Equity Shares of Re. 1/- each (“Equity Shares”) from the equity shareholders of the Company as on Record Date, for upto 21,63,000 fully paid up Equity Shares (being 1.27% of the total paid up equity capital of the Company) at a price of Rs. 450/- (Rupees Four Hundred Fifty only) per equity share (“Buyback Offer Price”) for an aggregate amount not exceeding Rs. 97,33,50,000…

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Gujarat Themis Biosyn Ltd board to approve quarterly results on Aug 13, 2020

A meeting of the Board of Directors of Gujarat Themis Biosyn Ltd is scheduled on 13/08/2020, to consider and approve the Un-audited Financial Results for the Quarter ended on 30th June, 2020. Shares of GUJARAT THEMIS BIOSYN LTD. was last trading in BSE at Rs.208.3 as compared to the previous close of Rs. 189.4. The total number of shares traded during the day was 66207 in over 794 trades. The stock hit an intraday high of Rs. 208.3 and intraday low of 189. The net turnover during the day was…

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Ravileela Granites Ltd Q1 consolidated net profit up at Rs. 0.74 crore

RAVILEELA GRANITES LTD. has reported financial results for the period ended June 30, 2020. Financial Results (Q1 FY2020-21) – QoQ Comparison The company has reported total income of Rs.8.30 crores during the period ended June 30, 2020 as compared to Rs.4.74 crores during the period ended March 31, 2020. The company has posted net profit / (loss) of Rs.0.74 crores for the period ended June 30, 2020 as against net profit / (loss) of Rs.(0.19) crores for the period ended March 31, 2020. The company has reported EPS of Rs.0.70…

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Indowind Energy Ltd posts consolidated PAT of Rs. 3.40 crore in Q1

INDOWIND ENERGY LTD. has reported financial results for the period ended June 30, 2020. Financial Results (Q1 FY 2020-21) – QoQ Comparison The company has reported total income of Rs.3.78 crores during the period ended June 30, 2020 as compared to Rs.2.72 crores during the period ended March 31, 2020. The company has posted net profit / (loss) of Rs.3.40 crores for the period ended June 30, 2020 as against net profit / (loss) of Rs.(4.50) crores for the period ended March 31, 2020. The company has reported EPS of…

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FDC Ltd reports consolidated PAT of Rs. 91.72 crore in Q1FY21

FDC LTD. has reported financial results for the period ended June 30, 2020. Financial Results (Q1 FY 2020-21) – QoQ Comparison The company has reported total income of Rs.336.14 crores during the period ended June 30, 2020 as compared to Rs.371.09 crores during the period ended March 31, 2020. The company has posted net profit / (loss) of Rs.91.72 crores for the period ended June 30, 2020 as against net profit / (loss) of Rs.55.48 crores for the period ended March 31, 2020. The company has reported EPS of Rs.5.36…

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Mercury Laboratories Ltd Q1 PAT at Rs. 0.96 crore

Mercury Laboratories Ltd has reported financial results for the period ended June 30, 2020. Financial Results (Q1 FY 2020-21) – QoQ Comparison The company has reported total income of Rs.13.38 crores during the period ended June 30, 2020 as compared to Rs.12.13 crores during the period ended March 31, 2020. The company has posted net profit / (loss) of Rs.0.96 crores for the period ended June 30, 2020 as against net profit / (loss) of Rs.(0.35) crores for the period ended March 31, 2020. The company has reported EPS of…

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