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03 Mar,15 01:56:52
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BSE ANNOUNCEMENTS
Corporate Events filed by the Companies to the BSE Stock Exchange. Click on more to get detailed news of the same.
 
   Ashok Leyland   [02-Mar-15]
Ashok Leyland recorded total sales of 10762 units in February 2015 compared to 7915 units in February 2014, registering a growth of 36%.

For April-February 2015, sales stood at 92148 units compared to 79056 units in April-February 2014, registering a growth of 17%.

In February 2015, the Company recorded M&HCV sales of 8230 units and LCV sales of 2532 units, registering a growth of 48% and 8% respectively over February 2014 sales in the two segments.

   Bajaj Electrical   [02-Mar-15]
Bajaj Electricals has received on 28 February 2015, a letter dated 24 February 2015 from ICRA (‘Rating Agency') communicating that it has downgraded the rating of Company's Commercial Paper (CP) programme of Rs. 200 crore from [ICRA] A1 + (pronounced ICRA A one plus) to [ICRA] A1 (pronounced ICRA A one).

Further, the said Rating Agency, vide its letter dated 24 February 2015 has communicated that it has downgraded the rating for Company's Line of Credit (LOC) of Rs. 2334.41 crore as under:

1. Long Term rating from [ICRA] A+ (pronounced ICRA A plus) to [ICRA] A (pronounced ICRA A); and

2. Short Term rating from [ICRA] A1+ (pronounced ICRA A one plus) to [ICRA] A1 (pronounced ICRA A one).

   Coal India   [02-Mar-15]
Coal India has announced the provisional production and offtake performance for the month of February 2015. The Company and its subsidiaries have achieved 103% of the targeted coal production in February 2015 at 47.98 million tonnes. For the period April 2014 -February 2015, the coal production achieved stood at 97% of the targeted coal production at 436.96 million tonnes.

The Company and its subsidiaries have achieved 100% of the targeted offtake at 43.17 million tonnes in February 2015. For the period April 2014 - February 2015, it has achieved 94% of the targeted offtake at 441.85 million tonnes.

   GAIL (India)   [02-Mar-15]
GAIL (India) announced that Shyamala Gopinath and Dr. A. K. Khandelwal cease to be Independent Director(s) of the Company w.e.f. 28 February 2015, on completion of their tenure.
   Pankaj Polymers   [02-Mar-15]
Pankaj Polymers announced that the Board of Directors of the Company at its meeting held on 02 March 2015, reviewed the operations of HDPE/ PP Woven Sacks Segment / Division and noted that the division is incurring losses due to fluctuation of Raw Material Prices, stiff competition, change in technology and insolence of existing plant, the Board advised the Managing Director to work out on the following alternatives

1. Modernization of Plant and Machinery by replacement of Existing machinery.

2. Analyse on induction of New Products in the Division.

3. Analyse on the expanding the Market / customers.

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