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IMPORTANCE.

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Energy Development Company: Outcome of board meeting

Energy Development Company has board meeting held on September 29, 2015, has decided and approved the following: 1. Increase in authorized share capital by creation of 1,50,00,000 equity shares of Rs. 10/- each, ranking pari passu with the existing equity shares and consequential amendment in Memorandum of Association of the Company.

Fortis to buyback 3.1% stake in SRL Ltd for Rs 105 croreSep 28, 2015 at 15:31 | Source: PTIThe shares will be worth Rs 105.24 crore. Fortis Healthcare said that post completion of the said acquisition, its equity shareholding in SRL Ltd, shall increase to 57 percent from the existing shareholding of 53.9 percent, on a fully diluted basis.