Arnav Corporation has informed the stock exchange that a meeting of the Board of Directors of the company will be held on October 21, 2016. Among other matters, the meeting will discuss the progress of the company’s media and entertainment business. Further, it will explore options in (a) satellite television broadcasting, (b) creating digital platforms for the non-resident Indian diaspora across the world, and (c) to create content IP in various segments of media across all genres.

Mahindra CIE Automotive has informed the BSE that the Preferential Allotment Committee of Board of Directors of the company at its meeting held on October 19, 2016, issued and allotted the first tranche of 35,997,180 equity shares of face value ₹10 each at a price of ₹200 per share on preferential basis.

Nihar Info Global has informed the BSE that it has entered into a franchise development agreement with Think Ventures, a subsidiary of Think Tankers Innovative Solutions Private Limited. The agreement envisages Think Ventures appointing franchisees to the business-to-business (B2B) e-commerce platform of Nihar Info Global throughout India.

Industrial products maker Rishiroop has informed the BSE that a meeting of the Securities Issue Committee of the Board of Directors of the company is scheduled to be held on November 11, 2016. Among other matters, the committee will consider and approve the allotment of equity shares to the holders of 1 per cent Optionally Convertible Preference Shares (OCPS) who have tendered their OCPS for conversion to equity shares in accordance with the terms of the Scheme of Amalgamation with Rishiroop Rubber (International) Limited approved by the High Court.

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