Vedanta in focus after restoration of transport permit for transport of iron ore from Karnataka

Vedanta announced that Directorate of Mines and Geology (DMG) of Goa has reissued to the company the permit for transportation of iron ore which was cancelled recently. The permit for the transportation of iron ore from Karnataka to the company's pig iron plant in Goa was cancelled recently by DMG of Goa due to procedural lapses from Vedanta. The company clarified that the delay in restoration of the permit for transport of iron ore from Karnataka to the pig iron plant in Goa is not likely to have any significant adverse impact on the operation of the plant. The announcement was made after market hours yesterday, 4 August 2016.

UltraTech Cement said it is planning to issue secured redeemable non-convertible debentures (NCDs) worth Rs 425 crore on private placement basis. The announcement was made after market hours yesterday, 4 August 2016.

Parsvnath Developers said that its board will meet on 12 August 2016, to consider the proposal to raise funds by way of issuing non-convertible debentures (NCDs) on private placement basis. The announcement was made after market hours yesterday, 4 August 2016.

Bharat Electronics, Bharat Forge, GlaxoSmithkline Consumer Healthcare, Pfizer, Aegis Logistics, Marico and NDTV are scheduled to announce their June quarter results today, 5 August 2016.

Rollatainers said its board approved splitting each stock into two. The announcement was made after market hours yesterday, 4 August 2016.

JMT Auto's board of directors at a meeting held yesterday, 4 August 2016, approved 2-for-1 stock split proposal. The announcement was made after market hours yesterday, 4 August 2016.

Deepak Fertilisers & Petrochemicals Corporation (DFPCL) announced its plan to enhance its nitric acid capacities by setting up a plant at Dahej in Gujarat. Land for this project has already been acquired and the company plans to deploy a state-of-the-art manufacturing facility with an investment of Rs 550 crore. This project is scheduled to be completed by the second half of 2018. With the increased capacity, the company will be able to provide an incremental 1.48 lakh metric tonne per annum (MTPA) nitric acid, DFPCL said. The announcement was made after market hours yesterday, 4 August 2016.

Castrol India turns ex-dividend today, 5 August 2016, for interim dividend of Rs 4.50 per share for the year ending 31 December 2016.

Godrej Consumer Products turns ex-dividend today, 5 August 2016, for interim dividend of Rs 1 per share for the year ending 31 March 2017.

Indiabulls Housing Finance turns ex-dividend today, 5 August 2016, for interim dividend of Rs 9 per share for the year ending 31 March 2017.

ICRA turns ex-dividend today, 5 August 2016, for dividend of Rs 25 per share for the year ended 31 March 2016.

Nestle India turns ex-dividend today, 5 August 2016, for interim dividend of Rs 12 per share for the year ending 31 December 2016.

Voltas turns ex-dividend today, 5 August 2016, for dividend of Rs 2.60 per share for the year ended 31 March 2016.

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