Coal India in focus on plan to give up major portion of Mozambique mine

Coal India said that Coal India Africana, a 100% subsidiary of Coal India (CIL), in Mozambique was allotted two leasehold licences for extraction of coal of approximately 224 square kilometre in Tete, province of Mozambique. In the 316th board meeting held on 4 July 2015, on the basis of Interim Geological Report prepared by CMPDIL, a 100% planning subsidiary of CIL, board has approved to retain 54 square kilometre of leashold licence area, which will be of actual interest with coal bearing horizon occuring within 500 meter depth and relinquish the remaining 170 square kilometre area out of total leasehold licence area of 224 square kilometre. The announcement was made after market hours yesterday, 14 July 2015.

Shares of HDFC turn ex-dividend today, 15 July 2015 for final dividend of Rs 13 per share for the year ended 31 March 2015.

Zee Entertainment Enterprises will announce its April-June 2015 quarterly results today, 15 July 2015.

CRISIL said the company has till date brought back 5.11 lakh equity shares for a total consideration of Rs 101.98 crore at an average price of Rs 1,992.02 per share. The company has thus deployed 99.98% of the total approved amount of Rs 102 crore towards the buyback. As per the terms of the Public Announcement dated 23 June 2015 and the approval of the buyback committee of CRISIL, it has been decided to close the buyback with effect from 14 July 2015, the company said. The announcement was made after market hours yesterday, 14 July 2015.

Kopran said that the board of directors of the company at its meeting held on 14 July 2015, approved the sale of consumer care division with effect from 1 April 2015 along with all its assets and liabilities. The announcement was made after market hours yesterday, 14 July 2015.

Adhunik Metaliks said that Orissa Manganese & Minerals (OMML), wholly owned subsidiary of the company, have been granted extension of lease for their three manganese ore mines (Patmunda, Orahuri & Kusumudhi) till 31 March 2020 under merchant category. The requisite stamp duty and registration charges have already been deposited to the State Government of Odisha. Patmunda mine has already re-started operation. OMML has requested the Government to extent the lease of these mines for further 10 years under captive clause. The announcement was made after market hours yesterday, 14 July 2015.

Century Plyboards (India) said that the company's Wholly Owned Subsidiary Century Ply (Singapore) Pte. in Singapore has incorporated a step-down Subsidiary by the name PT Century Ply Indonesia in Indonesia on 3 July 2015. The said Subsidiary has been incorporated with the object of trading in timber, manufacturing and trading in plywood & all wood products & materials and providing related services. The announcement was made after market hours yesterday, 14 July 2015.

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