Swaraj Engines to be watched on buyback plan

Swaraj Engines said that a meeting of its board of directors will be held on 28 November 2017, to consider the proposal of buyback of equity shares of the company. The announcement was made after market hours yesterday, 23 November 2017.

Cox & Kings said that the company owned MEININGER Hotels and Peter Simmel signed an agreement for a hotel in Dresden in Germany. The 165 rooms and 639 beds hotel is scheduled to open in the second quarter of 2021. The announcement was made after market hours yesterday, 23 November 2017.

Camlin Fine Sciences said that its qualified institutional placement (QIP) committee at its meeting held on 23 November 2017 approved the allotment of 1.72 crore equity shares to eligible qualified institutional buyers (QIBs) at the issue price of Rs 87 per share, aggregating to Rs 149.99 crore. The announcement was made after market hours yesterday, 23 November 2017.

Skipper said its board gave in-principal approval to form a joint venture (JV) with MetzerPlas Cooperative Agricultural Organization, which is one of the largest and most specialised manufacturers of drip irrigation solutions from Israel. The drip irrigation business holds immense potential in India and is one of the focus sectors of the government. The current domestic industry size is estimated at over Rs 5000 crore and the company expects this sector to grow at a robust pace and for the JV to become a major player in it in the years to come. Detailed terms and conditions are yet to be decided and will be informed to the exchange separately when things will get finalized, the company said. The announcement was made after market hours yesterday, 23 November 2017.

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