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Coal India in focus as government to dilute stake Back
(08:48, 31 Oct 2018)

The President of India is looking to sell up to 18,62,22,275 (3%) equity shares of Coal India on 31 October 2018 (for non-Retail Investors only) and on 1 November 2018 (for Retail Investors and non-Retail Investors who choose to carry forward their unallotted bids) with an option to additionally sell 37,24,44,550 (6%) equity shares of the company. The floor price for the offer shall be Rs 266 per share. The announcement was made after market hours yesterday, 30 October 2018.

Dr. Reddy's Laboratories said that the audit of formulations manufacturing facility at Duvvada, Visakhapatnam, by the USFDA, has been completed. A Form 483 with 8 (eight) observations, which the company is addressing. The announcement was made after market hours yesterday, 30 October 2018.

Garden Reach Shipbuilders & Engineers has entered into a contract with the Government of India, Ministry of Defence, for construction and delivery of four Nos. Survey Vessels (Large) at an estimated cost of Rs 2435.15 crore, under fixed price basis. The 1st ship is to be delivered within 36 months from the contract signing date i.e. 30 October 2018. The subsequent ships are to be delivered with a gap of 6 months each from the delivery of the previous ship. The project is expected to be completed within 54 months from the date of signing of the contract. The announcement was made after market hours yesterday, 30 October 2018.

On a consolidated basis, Pidilite Industries' net profit fell 8.6% to Rs 231.18 crore on 14.09% rise in total income to Rs 1785.07 crore in Q2 September 2018 over Q2 September 2017. The announcement was made after market hours yesterday, 30 October 2018.

Container Corporation of India's net profit rose 46.8% to Rs 336.05 crore on 24.42% rise in total income to Rs 1891.51 crore in Q2 September 2018 over Q2 September 2017. The announcement was made after market hours yesterday, 30 October 2018.

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