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Paragon Finance Limited

Co held its 38th AGM on September 25, 2024, virtually. The meeting concluded at 11:20 AM IST. The meeting discussed the audited Profit & Loss Account, Balance Sheet, and reappointment of an executive director. Shareholders expressed their feedback, queries, and suggestions.


LTIMindtree allotted 10,804 equity shares to its Employee Welfare Trust under the ESOP Plan 2021. These shares will be transferred to eligible employees upon option exercise. The allotted shares rank pari-passu with existing shares.


Kirloskar Industries Ltd.

Co held its AGM on Sep 25, 2024, approving financial statements, dividend declaration, director re-appointment, and remuneration for a non-executive director. The company also amended its Articles of Association to appoint a Chairman Emeritus.


Kingfa Science & Technology (India) Limited

Co held its 40th AGM on September 25, 2024, via VC/OAVM. All resolutions, including a dividend of Rs. 10/- per share (100%), were passed with the required majority. The company will separately inform voting results upon receipt of the Scrutinizers Report.


Nifty recovers over 60 points off day's low to trade flat level


Nifty Bank at day's high up ~300 points off day's low to trade in green


Sensex at day's high, up over 250 points off day's low to trade in green


BMCC is in the business of mining, production and sale of Rock Phosphate. The Company through its wholly owned subsidiary CCL has made the initial acquisition of 45% equity stake during September, 2022.

Year Turnover (in Crs)
2023 104.87
2022 33.20
2021 21.37


BMCC is engaged in the business of mining and production of Rock Phosphate, one of the key raw materials used in manufacturing of phosphoric acid, which in turn is used in manufacturing of complex fertilizers.


COROMANDAL INTERNATIONAL :

Acquisition of 44,094 fully paid ordinary shares of face value of XOF 23,000 per share of Baobab Mining and Chemicals Corporation SA, Senegal (“BMCC”), representing 8.82% of issued share capital of BMCC, from Baobab Fertilizer Africa (“BFA”), which is an existing shareholder of BMCC, at a consideration of USD 3.84 million by the Company’s wholly owned subsidiary Coromandel Chemicals Limited (“CCL”).

Co increase from 45% to 53.8% of the share capital of BMCC


BAAZAR STYLE RETAIL Q1FY25

REVENUE 276 CR VS 228 CR (YOY)

NET LOSS 42 LAKH VS PROFIT OF 5.5 CR (YOY)

EBITDA 450M RUPEES VS 341M (YOY)

EBITDA MARGIN 15.24% VS 14.99% (YOY)

Operational performance is good 👍

More such Info join 👇
@Companyupdate


Balu Forge Industries Ltd. has issued a corrigendum to its AGM notice, removing Item No. 5 regarding the appointment of Mr. Sumer Singh as an Additional Director. This is due to Mr. Singh's resignation following the non-receipt of a No Objection Certificate from his previous employer, Union Bank of India. Shareholders are advised to take note of this amendment, which renders Item No. 5 infructuous and blocks e-voting on it.


Two Ola Electric Mobility officials attended a meeting with Japanese investors on September 25, 2024. The meeting was not organized by the company and no presentations or price-sensitive information were shared.


Tata Steel received an order imposing a penalty of INR 49,139 for irregular CENVAT credit on capital goods by a previously merged subsidiary. The company is paying back the excess credit with interest and penalty. There is no impact on Tata Steel's financial or operational activities.


Bharat Bhushan Finance & Commodity Brokers Ltd. announced the appointment of three new Independent Directors: Mr. Vibhor Agarwal, Mr. Anil Gami, and Mr. Atul Bhargava. All three appointments are for a term of five years, effective July 31, 2024. Additionally, Mrs. Nisha Ahuja's appointment as a Non-Executive Director was continued.


Vishnu Prakash R Punglia Limited (VPRPL) held its 11th Annual General Meeting (AGM) on September 23, 2024, where all resolutions were passed with a majority vote. This includes the appointment of a new independent director and ratification of cost auditor remuneration.


Nalin Lease Finance Ltd. announced the resignation of Shri Narendrakumar Dalsukhdas Shah and Shri Navinchandra Chandulal Soni as Independent Directors, effective September 21, 2024, after completing their second and final term. The company expressed gratitude for their contributions.

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