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Announcements
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Aravali Sec.&Fin

Aravali Securities & Finance will hold a meeting of the Board of Directors of the Company on 29 May 2017, to consider and approve the Audited Financial Results of the Company for the Quarter / Year Ended March 31, 2017.

Baroda Rayon

Baroda Rayon Corporation will hold a meeting of the Board of Directors of the Company on 30 May 2017, to consider and approve, along with other businesses, the Audited Financial Results for the Quarter & year ended 31st March, 2017.

Clariant Chemica

Clariant Chemicals (India) announced that its ultimate Global Holding Company Clariant (SIX: CLN) and Huntsman Corporation (NYSE: HUN) announced that their respective Board of Directors approved a definitive agreement to combine in a merger through an all-stock transaction. The merged company will be named HuntsmanClariant. The transaction is subject to shareholder approvals, regulatory approvals and other customary closing conditions.

Electrost.Cast.

Electrosteel Castings announced that the Board of Directors of the Company at its meeting held on 19 May 2017, inter alia, have recommended the final dividend of Rs 0.5 per equity Share (i.e. 50%) , subject to the approval of the shareholders.

Hind.Construct.

Hindustan Construction Company as a lead partner in the joint venture with HSEPL has been awarded Rs 672.99 crore contract on EPC basis for the construction of Parwan Gravity Dam by the Water Resources Department, Government of Rajasthan. HCC's share in the JV is 90% (Rs 605.70 crore).

The project envisages construction of a concrete gravity dam and 8.475 km long tunnel for irrigation and water supply purpose involving civil, hydro-mechanical and electrical works on EPC basis. A 21 km long access road will be also constructed to the project site. The project is to be completed in 48 months.

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