Daily Bulletin (5th November, 2019)

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20191105-32

1.Scrip code : 532756
Name : Mahindra CIE Automotive Limited
Subject : Corporate Action-Updates on Amalgamation/ Merger / Demerger
We refer to our letter dated 4th September, 2019 whereby we had inter-alia informed that petition seeking approval of the Hon’ble National Company Law Tribunal, Mumbai Bench (the Hon’ble Tribunal) to the Scheme of Merger by absorption of Bill Forge Private Limited (the Wholly owned subsidiary of the Company) by the Company (the Scheme) was kept for final hearing on 20th September, 2019. We now wish to inform you that after the hearing held on 20th September, 2019 and the Hon’ble Tribunal had reserved the same for Order. The Order approving the Scheme was delivered by the Hon’ble Tribunal on 4th November, 2019 and the minutes of the order is now available on the website of the Hon”ble Tribunal. Accordingly, the Scheme will be operational once the certified copy of the Order along-with the Scheme is filed with the Registrar of Companies, Mumbai. Kindly acknowledge the receipt and take the same on record.

2.Scrip code : 501455
Name : Greaves Cotton Ltd.
Subject : Announcement under Regulation 30 (LODR)-Acquisition
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that the Board of Directors of the Company has given an in-principle approval with respect to the acquisition of 18.77% stake in one its subsidiary companies i.e. Ampere Vehicles Private Limited, India (“Ampere”) through secondary purchase for a total consideration not exceeding Rs. 60 crores (including commitment fees and non-compete fees not exceeding Rs. 20 crores), subject to execution of the definitive agreements and customary closing conditions. Pursuant to the completion of the aforesaid acquisition, Ampere will become a wholly owned subsidiary of the Company.

3.Scrip code : 500338
Name : PRISM JOHNSON LIMITED.
Subject : Updates – Intimation Under Regulation 30 Of The SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 Pursuant to Regulation 30 of SEBl (Listing Obligations & Disclosure Requirements) Regulations, 2015
we wish to inform you that the Company has agreed to acquire 15,00,000 equity shares at a price of of Rs. 35/- each aggregating to Rs. 5.25 Crores constituting 15% in the total paid-up equity share capital of Sanskar Ceramics Private Limited. The details required under Regulation 30 of SEBl (Listing Obligations & Disclosure Requirements) Regulations, 2015 are given as an annexure. We request you to kindly note and take the above information on record.

4.Scrip code : 532755
Name : Tech Mahindra Limited
Subject : Announcement under Regulation 30 (LODR)-Acquisition
Approval of proposal for acquisition of Born Group Pte Ltd

5.Scrip code : 532754
Name : GMR Infrastructure Limited
Subject : Board Meeting Intimation for Consideration And Approving The Un-Audited Financial Results Of The Company (Standalone And Consolidated) For The Quarter And Half Year Ended September 30, 2019
GMR INFRASTRUCTURE 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 un-audited financial results of the Company (Standalone and Consolidated) for The quarter and half year ended September 30, 2019.

Daily Bulletin (4th November, 2019)

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20191104-19

1.Scrip code : 521064
Name : Trident Ltd
Subject : Corporate Action-Fixes Record Date For Split/ Sub-Division Of Equity Shares
The Register of Member and Share Transfer Books of the Company will be closed on Monday, the 16th day of December, 2019 for determining eligibility of shareholders for split/ sub-division of Equity Shares having existing nominal value of INR 10/- each into nominal value of INR 1/- each.

2.Scrip code : 540678
Name : Cochin Shipyard Limited
Subject : Announcement under Regulation 30 (LODR)-Updates on Acquisition
We would like to inform you that Cochin Shipyard Limited (CSL) has acquired 57,20,000 (26%) equity shares of Hooghly Cochin Shipyard Limited (HCSL), an unlisted subsidiary of CSL, held by Hooghly Dock & Port Engineers Limited (HDPEL) on November 01, 2019 at total consideration of Rs.5.06 crores. Prior to this acquisition of shares, CSL was holding 74% of the equity shares of HCSL. With this acquisition of shares, HCSL has become a Wholly Owned Subsidiary of CSL with a paid up share capital of Rs.22 crores.

3.Scrip code : 541974
Name : Manorama Industries Limited
Subject : Board Meeting Intimation for Intimation Of Board Meeting As Per Regulation 29 Of The SEBI (Listing Obligation And Disclosure Requirements) Regulations, 2015 (Hereinafter Referred To As ‘SEBI Listing Regulations’)
Manorama Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 09/11/2019 ,inter alia, to consider and approve With reference to the captioned subject, we hereby inform you that the Meeting of the Board of Directors of Manorama Industries Limited will be held on Saturday, November 9, 2019 at 3.00 P.M. at F-6, Anupam Nagar, Raipur – 492007, Chhattisgarh to consider and approve, inter alia: 1. Standalone Unaudited Financial Results for the half year ended September 30, 2019 pursuant to Regulation 33 of SEBI (Listing obligations and Disclosure Requirements) Regulations, 2015. 2. Any other business with the permission of the Chair. Kindly take the above on your records and acknowledge.

4.Scrip code : 503169
Name : Ruby Mills Ltd.
Subject : Board Meeting Intimation for Intimation Of Board Meeting To Consider _And Approve Un-Audited Financial Results And Limited Review Report There On For The Quarter And Half Year Ended September 30, 2019.
RUBY MILLS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/11/2019 ,inter alia, to consider and approve In compliance with Regulation 29 of the Securities Exchange and Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that Meeting of Board of Directors of the Company is scheduled to be held on November 11,2019 (Monday) at 5.00 PM,inter alia, to consider and approve Un-Audited Financial Results of the Company for the quarter and half year ended September 30, 2019. We further inform you that, the trading window for dealing in securities of the Company is already being closed and the intimation of the same is given to BSE and NSE by the Company and shall remain closed till 48 hours after the declaration of Un-audited Financial Results with Limited Review Report there on for the quarter and half year ended September 30, 2019 in compliance with SEBI (Prohibition of Insider Trading) Regulations 2015.

Daily Bulletin (1st November, 2019)

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20191101-32

 

1.Scrip code : 500108
Name : Mahanagar Telephone Nigam Ltd.
Subject : Announcement under Regulation 30 (LODR)-Press Release / Media Release
Dear Sir, We write to inform you that MTNL has received letter No. F.No. 30-04/2019-PSU Affairs dtd 29 October, 2019 (copy enclosed) regarding Revival of BSNL and MTNL by reducing employee costs, administrative allotment of spectrum for 4G services, debt restructuring by raising of sovereign guarantee bonds, monetization of assets and in-principle approval for merger of BSNL and MTNL. Kindly take the same on record. This issues with the approval of Competent Authority.

2.Scrip code : 539981
Name : Max India Ltd.
Subject : Voting Results Of The Business Transacted At The National Company Law Tribunal Convened Meeting Of Equity Shareholders Of Max India Limited (“The Company”) Held On Wednesday, October 30, 2019 In Terms Of (I) Companies Act, 2013 And NCLT Order And (Ii) Pursuant To Securities Exchange Board Of India Circular No. CFD/Dll3/CIR/2017/21 Dated March 10.2017 (SEBI Circular)
Further to our earlier intimation dated October 31, 2019 with regard to submission of proceedings of meeting of Equity shareholders of the Company held on October 30, 2019, we hereby submit the Voting Results of the said meeting convened and held as per the directions of the Hon’ble National Company Law Tribunal, Mumbai Bench, for approving the Composite Scheme of Amalgamation and Arrangement amongst Max India Limited, Max Healthcare Institute Limited, Radiant Life Care Private Limited and Advaita Allied Health Services Limited and their respective shareholders and creditors under Sections 230 to 232 of the Companies Act, 2013 (‘Scheme’).

3.Scrip code : 524572
Name : Pharmaids Pharmaceuticals Ltd.
Subject : Announcement under Regulation 30 (LODR)-Scheme of Arrangement
This is in continuation to our earlier communication regarding receipt of approval of National Company Law Tribunal, Hyderabad (NCLT) vide their order dated September 27, 2019 for the Scheme of Amalgamation between Emergent Bio Naturals Limited (Transferor Company) and Pharmaids Pharmaceuticals Limited (Transferee Company) We wish to inform you that pursuant to the said order and in accordance with the scheme of amalgamation, for every 1 (one) equity share of face and paid up value of Rs. 10/- each held in the transferor Company, 2 (two) equity shares of face and paid up value of Rs. 10/- in the Transferee Company will be issued to the equity shareholders of Transferor Company. Necessary filings for allotment of these shares will be filed with the stock exchanges and the depositories in due course of time.

4.Scrip code : 540975
Name : Aster DM Healthcare Limited
Subject : Announcement under Regulation 30 (LODR)-Acquisition With reference to the captioned subject, we would like to inform that Aster DM Healthcare FZC (step-down subsidiary of Aster DM Healthcare Limited), has incorporated a Limited Liability Company, Aster Alfaone FZ LLC, in Dubai. The details required as per Circular Number CIR/CFD/CMD/4/2015 dated September 09, 2015 pertaining to continuous disclosure requirements for Listed Entities under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, has been enclosed as Annexure I. We request you to kindly take the above information on record.

5.Scrip code : 509480
Name : Berger Paints India Ltd
Subject : Announcement under Regulation 30 (LODR)-Updates on Acquisition
Pursuant to the provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and further to our intimation under Regulation 30 of the SEBI (LODR) Regulations, 2015 dated 15th October, 2019 and our letter dated 18th October, 2019, copies of which are attached for your ready reference, we would like to inform you that the Company has till now acquired 91.94 % of the paid-up equity share capital of STP Limited out of 95.53% to be acquired by the Company. The balance 3.59% of the paid-up equity share capital is intended to be acquired shortly, as per the Share Purchase Agreement entered between the parties. STP Limited has thus become a subsidiary of Berger Paints India Limited with effect from 1st November, 2019. A Press Release, which is being issued in this regard, is enclosed.

6.Scrip code : 500338
Name : PRISM JOHNSON LIMITED.
Subject : Updates – Intimation Under Regulation 30 Of The SEBI (Listing Obligations & Disclosure Requirements) Regulations
Pursuant to Regulation 30 of SEBl (Listing Obligations & Disclosure Requirements) Regulations, 2015 and further to our letter dated July 30, 2019, we wish to inform you that the Company has acquired 14,78,412 equity shares of ` 10/- each aggregating to ` 1,47,84,120 constituting 27% in the total paid-up equity share capital of Sunspring Solar Private Limited, a subsidiary of Cleantech Solar Energy (India) Private Limited, for the power requirement of the Company’s tiles manufacturing facilities aggregating up to 4.62 MWp for the said facilities. The solar power plants are expected to be commissioned by March 2020 in a phased manner.

PVR Ltd.

PVR Ltd.

PVR  Ltd.
Year FV CMP 52week High 52week Low Mkt Cap Equity Capital Net Worth Total Debt Total Sales PAT BV EPS P/E P/BV Promoter’s Holdings
  Rs Rs Rs Rs Rs Cr. Rs Cr. Rs Cr. Rs Cr. Rs Cr. Rs Cr. Rs Rs     %
2020 Q2 10 1788.45 1897.95 1345.80 9173 48 1040 1226 1867 65 214.90 13.48 66.35 8.32 19.57
2019 10 1788.45       47 1496 1104 3119 183 320.00 39.21 45.61 5.59 20.25

CMP:- 1788.45

Market Cap:- 9173

The world’s largest sovereign wealth fund, Norway’s Government Pension Fund Global which manages $1 trillion of the country’s assets and the Kuwait Investment Authority with assets exceeding $590 billion are amongst top global investors who have subscribed to the qualified institutional placement of  PVR, the nation’s largest multiplex operator.

“The company’s total stake dilution via the QIP is 5.65 percent and the company has raised Rs 500 crore. The proceeds will be used for paring debt and increasing the screen count,” said a source familiar with the company’s plans.

“Kuwait Investment Authority has picked up the highest stake followed by Aditya Birla Sun Life Trustee Private Ltd, ICICI Prudential & Sundaram Mutual Fund. Morgan Stanley India Investment Fund, Government Pension Fund Global and Fidelity Funds – India Focus Fund are the other key investors. USA’S third-largest public pension plan New York State Common Retirement Fund, City of New York Group Trust and City of Los Angeles Fire and Police Pension Plan also participated in the process through their contribution was relatively much smaller,” said another source.

“The varied participation of global funds reflects their belief in the PVR growth story. Funds from Norway and the US are now closely looking at the consumer theme in India and may participate more in future,” added a third source.

The fundraising exercise was launched on October 22 and the allotment of investors was completed earlier this week on October 29. The issue price was fixed at Rs 1,719.05 a share. Investment banks Kotak Mahindra Capital and CLSA along with law firm Shardul Amarchand Mangaldas were advisors to PVR for the QIP.

In August 2019, PVR became the first cinema exhibitor to reach 800 screens at 170 properties in 69 cities.  In Q2FY20, PVR saw a 16 percent growth in advertising revenue which increased to Rs 94 crore, up from Rs 81 crore in Q2 in 2018 despite the economic slowdown. Along with the growth in advertising revenue, the box office revenue for the quarter was up by 32 percent led by a 25 percent growth in admits. Plus, F&B (food and beverage) revenues were up by 38 percent.