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Mahindra Holidays Resorts India: Iiro Rossi, CEO of Holiday Club Resorts Oy, Finland (HCR), subsidiary of the company, decided to step down from his position as CEO of HCR.Ceat: India Ratings Research assigned A1+ rating to the company’s commercial paper for issue size up to Rs 350 crore.Ion Exchange (India): Name of Ion Exchange Waterleau Limited (a subsidiary company of the company) has been changed to Ion Exchange Environment Management Limited.Autoline Industries: Company entered into Memorandum of Understanding (MOU) with Poddar Habitat Pvt Ltd to transfer the land and buildings at Mhalunge facility in Pune. The company will utilize the sale proceeds to settle the debt and reduce overall debt exposure.J K Cement: Board passed resolutions for raising of funds by way of issue of equity shares, through a QIP.Tata Coffee: Board appointed Chacko Purackal Thomas (who is currently the Executive Director Deputy CEO) as Managing Director CEO designate.Nagarjuna Fertilizers and Chemicals: Company is in the process of a long term debt resolution with its lenders. Pending debt resolution, basis support of Department of Fertilizers and lenders, the company has restarted production of Urea from Unit I of Kakinada Plant, Andhra Pradesh.Ganesh Films India: Company acquired the sole theatrical distribution rights for North India region from Clap Board Production for the action film Adanga Maru (Tamil).Apex Capital and Finance: Shareholders approved the issue of equity shares on preferential basis to certain promoters and non promoters.Camlin Fine Sciences: None of the Workmen or other persons was injured or other casualty due to the fire accident in Tarapur plant in Maharashtra.
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