Adani Gas Ltd.

Adani Gas Ltd.

Adani Gas
  CMP FV 52 W High 52 W low Market Cap Equity Net Worth Total Debt Revenue PAT EPS BV PE PB Promoter Holdings
  Rs Rs Rs Rs Cr Cr Cr Cr Cr Cr Rs Rs     %
2020 Q1 150.6 1 184.25 70.2 16563 110 1181 346 490 79 0.72 10.74 52.24 14.02 74.8
2019 150.6 1       110 1102 346 1910 229 2.08 10.02 72.42 15.03 74.8


On 14th October, 2019 Total buys 37.4 per cent stake in Adani Gas for Rs 6,155 crore.

The company believes that India will transition to a gas-based economy to address climate

change concerns by using cleaner and greener fuels.

The deal gives Total joint control of Adani Gas. The acquisition is the largest foreign direct investment in India’s city gas distribution (CGD) sector.

The acquisition is going to happen through a tender offer to public shareholders to acquire up to 25.2% shares at ₹149.63 per share, subject to applicable regulations and purchase the residual shares from the Adani Family.







Daily Bulletin (14th October, 2019)

1.Scrip code : 542066
Name : Adani Gas Limited
Subject : Open Offfer
Citigroup Global Markets India Private Limited ( Manager to Offer) has submitted to BSE a Copy of Public Announcement (“PA”) for open offer (“Offer”) for acquisition of up to 27,71,46,602 Equity Shares from shareholders of Adani Gas Limited (“Target Company “) by Total Holdings SAS (“Acquirer”) pursuant to and in compliance with Regulation 3, 4 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations 2011, as amended.

2.Scrip code : 541352
Name : Megastar Foods Limited
Subject : Announcement under Regulation 30 (LODR)-Acquisition
it is hereby informed that the company has acquired 20,00,000 (Twenty Lakh) fully paid up equity shares of Rs. 10/- each of the wholly owned subsidiary M/s Megapacific Ventures Private Limited for an aggregate consideration of Rs. 2,00,00,000/- (Rupees Two Crores Only) vide allotment dated 09.10.2019. The said equity shares has been issued and allotted to the company on right issue basis

3.Scrip code : 501622
Name : Amalgamated Electricity Co. Ltd.
Subject : Corporate Action Record Date Fixed On 25-10-2019
In terms of Regulation 42 (2) of SEBI (LODR) Regulations, 2015, we would like to inform you that Board of Directors of the Company through circular resolution dated 11-10-2019 has considered and approved Friday October 25, 2019 as the record date for the of purpose determining the eligibility of members of the Company being entitled for receiving the Sub-divided Equity Shares of the Company (SPLIT).

4.Scrip code : 502015
Subject : Court Convey Meeting Of Shareholders Of The Company On 18Th November, 2019
This is to inform you that the National Company Law Tribunal, Mumbai Branch, vide its order dated 11th October, 2019, inter-alia, directed the Company to convene and hold the meeting of the equity shareholders of the Company for seeking their approval to the Scheme of Amalgamation between ASI Industries Limited (Transferee Co.) and Deejay Mining and Exports Private Limited (Transferor Co.) and their respective shareholders. Accordingly, a meeting of the equity shareholders would be held on Monday, 18th November, 2019 at 419-B, Kalbadevi Road, Joshiwadi, 2nd Floor, Mumbai-40006 at 10.00 am. We enclosed herewith copy of the notice of the meeting along with the explanatory statement and relevant annexure for convening the meeting of the equity shareholders which is being sent to all the equity shareholders by the permitted mode

5.Scrip code : 509631
Name : HEG Ltd.
Subject : Board Meeting Intimation for Board Meeting To Consider Inter-Alia The Unaudited Financial Results (Standalone & Consolidated) Of The Company For The Quarter & Half Year Ended The 30Th September, 2019.
HEG LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/11/2019 ,inter alia, to consider and approve Board meeting to consider inter-alia the unaudited financial results (Standalone & Consolidated) of the Company for the quarter & half year ended the 30th September, 2019.