Eris Lifesciences may gain after completing acquisition of Strides Shasun's India biz

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Capital Market
Last Updated : Dec 05 2017 | 9:16 AM IST

Eris Lifesciences announced that it has achieved closure in acquisition of Strides Shasun's India brand business. The announcement was made after market hours yesterday, 4 December 2017.

Shree Pushkar Chemicals & Fertilisers announced that an additional capacity of 3000 MTA of the dyes plant has been created at its unit no. III at B-97, MIDC Lote Parshuram and the plant has commenced trial runs by end November 2017. The announcement was made after market hours yesterday, 4 December 2017.

Balaji Amines said that the Department of Industries, Energy and Labour, Mantralya, Mumbai has conferred 'Mega Project' status to the expansion project being under taken by the company at an project outlay of Rs 296 crore at MIDC Chincholi, Solapur, Maharashtra. The status of mega project entitles the company to various incentives, subject to compliance of conditions of Package Scheme Incentives (PSI) 2013. The announcement was made after market hours yesterday, 4 December 2017.

New Delhi Television said that the board of directors of the company approved the appointment of Suparna Singh, CEO of NDTV Convergence Limited, as CEO NDTV Group. It elevated the position of Saurav Banerjee from director, Finance and Group CFO to Co-CEO NDTV Group and approved appointment of Ravi Asawa, as CFO of the company. The announcement was made after market hours yesterday, 4 December 2017.

Fiem Industries' net profit rose 1.6% to Rs 14.33 crore on 12.5% rise in net sales to Rs 324.95 crore in Q2 September 2017 over Q2 September 2016. The announcement was made after market hours yesterday, 4 December 2017.

Jyoti reported net loss of Rs 0.69 crore in Q2 September 2017 compared with net loss of Rs 21.9 crore in Q2 September 2016. Net sales rose 10.7% to Rs 53.3 crore in Q2 September 2017 over Q2 September 2016.

Jyoti announced that as per the recommendation of the Nomination & Remuneration Committee and Audit Committee at their meeting held on 2nd December, 2017, the board of directors at their meeting held on 4th December, 2017 considered and approved the appointment of Ronak Shah as Chief Financial Officer and key managerial personnel of the company from 1 January 2018. The announcement was made after market hours yesterday, 4 December 2017.

Zensar Technologies said that Manoj Jaiswal has resigned as Chief Financial Officer (CFO) of the company and he will be relieved from his duties with effect from the closing of business hours on 4 December 2017. The company is in the process of selecting and appointing new CFO. The announcement was made after market hours yesterday, 4 December 2017.

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First Published: Dec 05 2017 | 8:43 AM IST

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