Stock Alert ,Apollo Hospitals Enterprise, JISL,Kwality,Gammon India

Apollo Hospitals Enterprise reported that it has finished the procurement of a 51 Percent dominant part stake in Assam Hospitals, Guwahati. The obtaining of 51 Percent controlling stake is as an essential issuance of shares for a money thought of Rs 57.25 crore. The proceeds would be utilitised for repairing the hospital including expansion of new types of gear and in addition towards extension of the current ospital block, Apollo Hospitals said. Assam Hospitals recorded turnover of Rs 83.10 crore in the money related year finished 31 March 2015. The declaration was made on Saturday, 12 March 2016. 

National Buildings Construction Corporation's (NBCC) board of directors at its meeting hung on Friday, 11 March 2016, endorsed 5-for-1 stock split. The declaration was made after market hours on Friday, 11 Mar. 2016. 

Jain Irrigation Systems (JISL) reported that it has effectively grown Rs 289.60 crore long time capital from assets/ entities oversaw by Mandala Capital, an asset concentrated solely on investing in agribusiness in India. This is notwithstanding the special issue and assignment of 1.41 crore equity warrants of Rs 80 each issued on 24 Feb. 2016, to the promoters on receipt of 25 Percent deposit, JISL said. This fund raise support is a piece of an aggregate value speculation of $120 million, including a venture by Mandala in Jain Farm Fresh Foods (JFFFL), an entirely claimed subsidiary of JISL under which its worldwide nourishment business is being sorted out, JISL said. The declaration was made reseller's exchange hours on Friday, 11 March 2016. 

Kwality said that its directorate at a meeting hung on 12 March 2016, affirmed the conversion of 51.81 lakh warrants issued at a cost of Rs 48.25 for every stock into equivalent quantities of equity shares of face cost of Rs 1 each dispensed to Sonika Gupta. The declaration was made on Saturday, 12 March 2016.

Gammon India said that it has gotten a notification of conversion from ICICI Bank going about as a checking organization for the benefit of the corporate debt restructuring(CDR) loan specialists for conversion of a portion of United Bank of India's exceptional obligation into equity shares under the strategic debt restructuring (SDR) bundle of the organization. United Bank of India has chosen to convert over some portion of its exceptional obligation and interest aggregating to 7.56 crore into stocks shares of the organization at a cost of Rs 11.89 for every equity share. Post this conversion the total shareholding of the CDR loan specialists will be 62.65 Percent of the total equity capital of the organization. The declaration was made after exchange hours on Friday, 11 March 2016.

Indian Hume Pipe Company said it has secured an agreement worth Rs 145.15 crore for a water supply venture in Alwar, Rajasthan from the government of Rajasthan. The declaration was made after exchange(market) hours on Friday, 11 March 2016. 

CMI said that its board of directors would meet on 19 March 2016, to consider issue of equity shares/warrants/convertible securities on special premise to promoter gathering, partners and non promoters and to choose the important date with the end goal of particular issue. The board will likewise consider the portion 7 lakh equity stocks in lieu of 7 lakh convertible warrants. Further, the board will talk about current business advancements and future plans. The declaration was made after market hours on Friday, 11 March 2016.

DHFL said that the portion committee group of its directors at a meeting hung on 11 March 2016, affirmed the issue and allocation of 2.12 crore warrants at an issue cost of Rs 235.515 for each warrant to Wadhawan Global Capital, the promoter element of the, endless receipt of 25 Percent of the total consideration. The warrants are convertible into proportional number of equity stocks of Rs 10 each and would be designated inside of year and a half from the date of allocation in one or more tranches. The declaration was made reseller's exchange hours on Friday, 11 March 2016.