Ishan Dyes & Chemicals has informed the exchanges that its board will meet on February 17 to consider and approve the issue and allotment of 37,54,900 bonus shares its shareholders. The company has fixed February 15 as the record date to ascertain eligible shareholders. The board had earlier approved a bonus issue in the proportion of one new share for every two existing shares of the company. The stock slipped 1.5 per cent at ₹83.25 on the BSE.

Emco on Monday informed the exchanges that due to unforeseen circumstances beyond the control of the company, the board meeting, which was scheduled to be held on February 14, has been postponed to February 23. The board meet was scheduled to consider and approve the unaudited financial results for the third quarter and nine months ended on December 31, 2016. The company, however, did not explain the ‘unforeseen’ circumstances. Shares of Emco slumped 3.35 per cent at ₹30.30 on the BSE.

Wipro Gallagher Solutions, a Wipro company, has integrated its lending automation software with tools used by US government-sponsored enterprises to ensure compliance with the Uniform Closing Dataset. The integration with government-sponsored enterprises will allow users of the software NetOxygen — loan origination system — to comply with industry standards, Wipro said in an exchange filing. The software is designed to automate the lending process of financial institutions. The Uniform Closing Dataset is a common dataset that allows regulatory compliance for closing disclosures and ensures clarity and accuracy in loan transactions. Shares of Wipro closed at ₹474.45 on the NSE, up 1.11 per cent from the previous day’s close.

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