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Allied Digital Services Ltd said the Income Tax authorities conducted survey operations, which was concluded the same day, at some of its premises on February 4. Asian Paints Ltd said the two plants of its subsidiary SCIB Chemicals SAE, Egypt, which were shut due to prolonged curfew, restarted partially from February 6.
India Infoline Ltd's board of directors on February 5 noted the completion of acquisition of 1,29,98,877 equity shares of the company, representing 100 per cent of the maximum buy-back offer size of Rs 104 crore and approved the closure of the offer.
Jaiprakash Power Ventures Ltd's board of directors will consider on February 14 recommendations of the committee of directors for amalgamation.
Karur Vysya Bank Ltd's committee of board of directors at its meeting on February 7 fixed the opening and closing dates for the rights issue as February 28 and March 15.
KEI Industries Ltd said its engineering, procurement and construction division has secured orders worth about Rs 145 crore in Madhya Pradesh on turn-key basis from power distribution companies.
Madhusudan Securities Ltd entered into an agreement with Primus Retail Private Ltd to acquire the business of the Weekender brand for an aggregate consideration of Rs 100 crore, to be payable partly in the form of equity shares of the company. The meeting of the board of directors will be held on February 9 to consider the preferential allotment to Primus Retail Private Ltd, to explore the fund-raising options required for the acquisition, etc.
Muthoot Capital Services Ltd's board of directors approved the draft letter of offer to be filed with the Securities and Exchange Board of India and stock exchanges for of a rights issue and the price was fixed at Rs 75.
Orient Ceramics and Industries Ltd's board of directors on February 5 granted in-principle approval to amalgamate its subsidiary company Bell Ceramics Limited with Orient.
Sakthi Finance Limited's Board of directors on February 5 approved a proposal to de-link the wholly owned subsidiary, Sakthi Properties (Coimbatore) Ltd, from the company.
Zee Entertainment Enterprises Ltd's board of directors will consider on February 11 a proposal for buy-back of equity shares.
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