The board of Infinite Computer Solutions (India) will meet on June 23 to consider a proposal for buyback of equity shares. In a statement to the exchanges the company said it will buy back up to such amount of its aggregate paid-up equity share capital and free reserves as the Board may decide. Shares of Infinite Computer Solutions closed at ₹150, down 2.34 per cent on the BSE.

Tinna Rubber and Infrastructure has informed the BSE that an incidence of fire took place in a part of the company’s unit situated at Pali, Thane, Maharashtra, on June 11. While there has been no casualty, stock, plant and machinery and building have suffered damages to some extent, it said in the statment. “Stock, plant and machinery and building are insured. The company has initiated immediate action to restore normalcy, including repairs, segregation of stock, etc. and expect to resume normal operations shortly,” the statement added. The stock on Thursday closed flat at ₹105 on the BSE.

Astral Poly Technik has informed the exchanges that the company has closed down operations at its manufacturing unit at Baddi, Himachal Pradesh, because it has become commercially unviable to run the plant. The company, however, did not provide any other details pertaining to financial, production and other resources, in the stock exchange announcement. Shares of Astral Poly Technic edged down 1.3 per cent at ₹379 on the BSE.

Blue Dart Express has informed the exchanges that its board of directors will meet on June 22 for noting of approval received from the Foreign Investment Promotion Board. The FIPB board last week gave the nod in respect of enhancing stake of Blue Dart Express in Blue Dart Aviation Ltd from 49 per cent now to 74 per cent. The board will also initiate steps in that direction. The stock of Blue Dart Express climbed 2.9 per cent at ₹5,914.4 on the BSE.

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