Monthly Archives: June 2020

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20200619-44

1. Scrip code : 513262
Name : Steel Strips & Wheels Ltd
Subject : SSWL Wins Truck Steel Wheels New Order For Over USD 110K From USA
SSWL is glad to inform that it has bagged fresh Exports order for Truck & Trailer market from USA. Order comprises supplies of over 2,700 truck steel Wheels in July from its Chennai plant. Total revenue generated by this additional order would be over USD 110K. This repeat order from regular customer indicates SSWL’s status as a preferred supplier in the high potential US Truck Trailer Steel wheels market. Additional orders for larger quantities are expected in coming weeks from several other regular customers in USA. This order accelerates the production ramp-up of SSWL Chennai Truck wheels plant post Covid19 shutdown. Kindly take the same on your records

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20200618-35

1. Scrip code : 533270
Name : Bedmutha Industries Limited
Subject : Company Bags Export Tender Worth 816345 US$
Company bags Export Tender worth 816345 US$

2. Scrip code : 500690
Name : Gujarat State Fertilizers & Chem.Ltd
Subject : Discontinuation Of Manufacturing Operations Of Fibre Unit And Polymers Unit Of The Company.
In terms of regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations, 2015, it is hereby informed that the Board of Directors at their meeting held on 18th June, 2020 has decided to discontinue manufacturing operations of its Fibre Unit situated at Kosamba, Dist: Surat – 394 120 and Polymers Unit situated at Nandesari, Dist: Vadodara – 391 346. The Company is planning to set up new Project at its Polymers Unit by appointing Consultant. For its Fibre Unit, the Company is evaluating various options to utilize existing land and infrastructure facilities available there at including development of logistic park or suitable project for which Consultant is being appointed. However, the final decision will be taken after report of Consultant. The closure does not have any adverse effect on operations of the Company as the total contribution of these units in total margin of the company is negligible.

3. Scrip code : 532555
Name : NTPC Limited
Subject : Declaration Of Commercial Operation Of Unit-1 Of 150 MW Of Kameng Hydro-Electric Project (4X150 MW) Of North Eastern Electric Power Corporation Limited (A Wholly Owned Subsidiary Company Of NTPC Limited)
In line with the Corporate Disclosure requirements, we wish to inform that Unit-1 of 150 MW of Kameng Hydro-Electric Project (4×150 MW) of North Eastern Electric Power Corporation Limited (a wholly owned subsidiary company of NTPC Limited) is declared on commercial operation w.e.f 00:00 Hrs. of 17.06.2020. With this, the commercial capacity of NTPC group has become 61,936 MW.

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20200615-57

1. Scrip code : 524164
Name : IOL Chemicals & Pharmaceuticals Ltd
Subject : Announcement under Regulation 30 (LODR)-Allotment
This is to inform you that the Allotment Committee of the Board of Directors of the Company, in its meeting held today i.e. 17th June 2020 at 11:00 AM has allotted 7,18,000 (Seven Lakh Eighteen Thousand) Fully Paid up Equity Shares of Rs 10/- each at a premium of Rs 195/- per share to M/s NCVI Enterprises Limited (promoter group company) upon exercise of the option attached with the Warrants allotted on 30th March 2019. The said shares shall remain locked-in for a period of 3 years from the date of trading approval. Consequent upon issue of the abovesaid 7,18,000 Equity Shares, the total paid-up capital of the Company stands increased at Rs 58,30,55,020 (Rupees Fifty Eight Crore Thirty Lakh Fifty Five Thoudand Twenty Only) divided into 5,83,05,502 (Five Crore Eighty Three Lakh Five Thoudand Five Hundred Two) fully paid equity shares of Rs 10/- each. The meeting was concluded at 11:20 AM. This is for your information & record please.

2. Scrip code : 513262
Name : Steel Strips & Wheels Ltd
Subject : SSWL Wins Truck Steel Wheels New Order For Over USD 400K From USA
SSWL is glad to inform that it has bagged fresh Exports order for Truck & Trailer market from USA. Order comprises supplies of close to 10,000 truck steel Wheels in the period of June to September from its Chennai plant. Total revenue generated by this additional order would be over USD 400K. This new order indicates gradual re-start of operations in US post Covid lockdown. Additional orders for larger quantities are expected in coming weeks from several other regular customers in USA. This order strengthens gradual production ramp-up of SSWL Chennai Truck wheels plant post Covid19 shutdown.

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20200612-38

1. Scrip code : 505200
Name : Eicher Motors Ltd.
Subject : Board approves Sub-division of Equity Shares
Eicher Motors Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 12, 2020, inter alia, has approved sub-division of equity shares of the Company from the existing one (1) equity share of face value of Rs.10/- each into ten (10) equity shares of face value of Rs. 1/- each. The Record Date for the purpose of sub-division of equity shares shall be decided after obtaining approval for sub-division from the shareholders at the ensuing Annual General Meeting and will be intimated in due course.

2. Scrip code : 523405
Name : JM Financial Limited
Subject : Announcement under Regulation 30 (LODR)-Allotment
Please note that the Committee of the Board of Directors of the Company (the ‘Committee’) has, at its meeting held today i.e. June 12, 2020, approved the allotment of 110,000,000 Equity Shares of face value ? 1 each to eligible Qualified Institutional Buyers at the issue price of ? 70/- per Equity Share (including a premium of ? 69/- per Equity Share) aggregating ? 7,700,000,000/- (Rupees Seven Hundred Seventy Crore only), pursuant to the Issue. The Issue opened on June 9, 2020 and closed on June 12, 2020 and the same was intimated to you through our letters dated June 9, 2020 and June 12, 2020 respectively. Additionally, we are enclosing a list of allottees who have been allotted more than five percent (5%) of the Equity Shares offered in the Issue, marked as Annexure A. The meeting of the Committee concluded at 7.15 p.m.

3. Scrip code : 526415
Name : OK Play India Ltd.
Subject : UPDATE ON SLUMP SALE OF AUTOMOTIVE COMPONENT BUSINESS OF OK PLAY INDIA LIMITED AND ITS WHOLLY OWNED SUBSIDIARY OK PLAY AUTO PRIVATE LIMITED
This is with reference to slump sale of automotive component business of OK Play India Limited and its wholly owned subsidiary OK Play Auto Private Limited to Lumax Auto Technologies Limited which was approved by the Board of Directors in its meeting held on February 24, 2020 and approved by the shareholders in its Extra Ordinary General Meeting on March 20, 2020 which was duly informed to the stock exchange. We would further like to inform you that due to unprecedented pandemic situation and extended lock downs disrupting business continuity, the proposed slump sale (referred above) is being put on hold pending further review and appropriate decision in future.

4. Scrip code : 532810
Name : Power Finance Corporation Ltd
Subject : Clarification /Confirmation On News Item Appearing In The ‘Www.Livemint.Com’ Dated May 26, 2020 Captioned ‘PFC Signs Mou With NBPCL To Fund Projects Worth Rs.22,000 Cr In Madhya Pradesh’
PFC is as a financial institution incorporated for the purpose of financing, facilitating and promoting power sector development in India with the President of India holding 55.99% of our equity share capital. PFC sanctioned loans amounting to Rs.1,00,603 cr during FY 2016-17, Rs.1,16,233 cr during FY 2017-18 and Rs. 95,230 cr during FY 2018-19. An MoU has been executed on 27th May 2020 between PFC & NBPCL, a Government of Madhya Pradesh Undertaking and nodal agency for Narmada Valley Development Department, to facilitate the cooperation towards financing hydro-electric power projects & power components of twelve major multipurpose irrigation projects on river Narmada. Total project cost of all these 12 multipurpose irrigation projects is approximately Rs.22,000 Cr. However, MoU pertains to the intent of PFC for financing the hydro-electric power projects & power components only of the said projects, detailed due diligence is yet to be carried out.

5. Scrip code : 539835
Name : Superior Finlease Limited
Subject : Intimation Under Regulation 30 Of The SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015
This is to inform you that we have received a formal letter from Indian Finance Guaranty Limited (IFGL) dated June 10, 2020 regarding conversion of the loan amount (as granted by Superior Finlease Limited) into Equity Shares and that the said company has allotted 20,00,000/- (Twenty Lakh only) Equity Shares of Rs. 10 face value per share amounting to Rs. 2,00,00,000 (Two Crores Only) to our Company. So, pursuant to above conversion, the shareholding of our Company in IFGL, constituting 38% and therefore IFGL to be identified as an Associate Company of our company as per applicable provisions of Companies Act, 2013. This is for your information & records.

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20200611-34

1.Scrip code : 532413
Name : Cerebra Integrated Technologies Ltd.
Subject : Company Announcement As Per Listing Requirements – Cerebra Opens Its New R&R (Refurbishment & Repair) Unit With A Capacity To Produce 25000 Laptops /Desktops Per Month Per Shift.
We are pleased to inform that Cerebra Integrated Technologies Limited is opening a new unit completely dedicated to Refurbishment & Repair of IT products in Narasapura, Kolar District near Bangalore. The facility is being opened by conducting a Pooja on the 12th June 2020 and the same will be dedicated as R&R centre (Refurbishment & Repair). The unit will be able to produce about 25000 laptops/desktops per month per shift in a state of the art automated plant and will be employing more resources in the coming months. This world class facility will have state of the art automated production lines. The demand for refurbished products is at its peak due to Work From Home (WFH) options adopted by many corporates and IT companies and to facilitate online classes for students. We plan to sell these refurbished laptops/desktops and other products through Cerebra stores called Cerebra Experience Centres which we have set up across the country.

2. Scrip code : 540719
Name : SBI Life Insurance Company Limited
Subject : Notice of Offer for Sale of Share by Promoter & Floor Price
State Bank of India (“the Promoters of the Company”)(the “Seller”) proposes to sell up to 2,10,00,000 Equity Shares (the “Sale Shares”), in aggregate representing 2.10% of the total issued and paid-up Equity Share capital of SBI Life Insurance Company Ltd (“the Company”) on June 12, 2020 (“T Day”) (for non-retail investors only) and on June 15, 2020 (“T+1 Day”) (for retail investors and for non-retail investors who choose to carry forward their un-allotted bids), through the separate designated window of BSE Limited (“BSE”) and National Stock Exchange of India Limited (“NSE” and together with BSE, the “Stock Exchanges”). Date and time of the opening and closing of the offer: – For non-Retail Investors on T Day, i.e. June 12, 2020 The Sale shall take place on a separate window of the Stock Exchanges on T Day i.e. June 12, 2020 commencing at 9:15 a.m. (Indian Standard Time) and shall close at 3:30 p.m. (Indian Standard Time) on the same date. Non-Retail Investors who have placed their bids on T Day may indicate their willingness to carry forward their bids to T+1 Day (defined hereinafter). Please note that only non-Retail Investors shall be allowed to place their bids on T Day, i.e. June 12, 2020. For Retail Investors (defined hereinafter) and for non-Retail Investors who choose to carry forward their bids on T+1 Day, i.e. June 15, 2020. The Sale shall continue to take place on separate designated window of the Stock Exchanges on T+1 Day, commencing at 9:15 a.m. (Indian Standard Time) and shall close at 3:30 p.m. (Indian Standard Time) on the same date. Please note that only Retail Investors shall be allowed to place and revise their bids only on T+1 Day. Further, those non-Retail Investors who have placed their bids on T Day and have chosen to carry forward their bids to T+ 1 Day, shall be allowed to revise their bids on T+1 Day in accordance with the SEBI OFS Circulars. (T Day and T+1 Day shall collectively be referred to as, the “Sale Dates”). Floor Price: The floor price for the Sale shall be Rs.725/- only per Equity Share (“Floor Price”).

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20200610-35

1. Scrip code : 532636
Name : IIFL FINANCE LIMITED
Subject : Intimation For Record Date For Transfer Of Debentures
In The Name Of IIFL Finance Limited From India Lnfoline Finance Limited Pursuant To Composite Scheme Of Arrangement. As informed earlier, that pursuant to the Composite Scheme of Arrangement as approved by Hon”ble National Company Law Tribunal vide its order dated March 7, 2019, India lnfoline Finance Limited got merged with IIFL Finance Limited w.e.f. March 30, 2020. Accordingly, all Non-Convertible Debentures (“NCDs”) issued by India lnfoline Finance Limited are required to be transferred in the name of IIFL Finance Limited. Further, in terms of Regulation 59 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company has received in principal approval of the Stock Exchanges for the t ransfer of NCDs on April 9, 2020. In this regard, we hereby inform that the “Record Date” for the purpose of above mentioned transfer of NCDs issued to public will be June 19, 2020. The list of NCDs/ ISINs is enclosed. Kindly take the same on record and oblige.

2. Scrip code : 524648
Name : Indo Amines Ltd.
Subject : Announcement under Regulation 30 (LODR)-Scheme of Arrangement
This is to inform you that, pursuant to the Scheme of Amalgamation of Core Chemicals (Mumbai) Private Limited and Key Organics Private Limited with Indo Amines Limited and their respective Shareholders as approved by the National Company Law Tribunal, Mumbai Bench vide its order dated 24th April, 2020, 20,00,000 Equity Shares of Rs. 10/- each of the Company have been allotted to the Shareholders of Core Chemicals (Mumbai) Private Limited (Transferor Company No.1). We request you to kindly take the above information on record. Please find enclosed herewith detailed announcement.

3. Scrip code : 530313
Name : KIMIA BIOSCIENCES LIMITED
Subject : Bagging Of ‘Permission To Manufacture And Marketing Of ‘Obeticholic Acid’
We are pleased to inform that the Company has been granted ‘permission to Manufacturing and Marketing of New Active pharmaceutical Ingredient ‘Obeticholic Acid’ by Central Drugs Standard Control Organization, Ministry of Health & Family Welfare, FDA Bhawan, New Delhi – 110002(India) Vide permission No. MF/SND/20/000140 dated 09-Jun-2020 in FORM CT-22 under Drugs & Cosmetics Acts & Rules thereunder. The said intimation has been given under Regulation 30(5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

4. Scrip code : 532555
Name : NTPC Limited
Subject : Update On Deferment Of Capacity Charges And Rebate To Discoms
In continuation of our letter dated 17.05.2020 regarding deferment of capacity charges and rebate to Distribution Companies (DISCOMs), it is informed that the NTPC Board of Directors in their meeting held on 09.06.2020 have approved: 1. Deferment of capacity charges of Rs. 2,064 crore to DISCOMs, to be payable without interest after the end of the lockdown period in three equal monthly instalments. 2. Rebate of Rs.1,363 crore on the capacity charges billed during the lock-down period to DISCOMs on account of COVID-19, in financial year 2020-21. The above amounts are provisional and may vary due to reconciliation with RPC data.

5. Scrip code : 539658
Name : TeamLease Services Limited
Subject : Announcement under Regulation 30 (LODR)-Updates on Acquisition
TeamLease : Acquisition of additional 24% stake in TeamLease E-Hire Private Limited (formerly known as Cassius Technologies Private Limited)

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20200609-35

1. Scrip code : 542752
Name : Affle (India) Limited
Subject : Announcement under Regulation 30 (LODR)-Acquisition
This is to inform you that Affle International Pte. Ltd., a wholly-owned Singapore subsidiary of the Company has entered into a definitive Share Purchase Agreement to acquire 66.67% ownership in Appnext Pte. Ltd. incorporated in Singapore (‘Appnext Singapore’) immediately and options to acquire the remaining 28.33% shares and 5% shares of Appnext Singapore within 3 years and 5 years respectively from the closing of the Share Purchase Agreement. Further, Affle MEA FZ-LLC, a subsidiary of Affle International Pte. Ltd., has entered into an Intellectual Property Purchase Agreement to acquire 100% Tech IP assets of Appnext Limited incorporated in British Virgin Islands (‘Appnext BVI’).

2. Scrip code : 532145
Name : H.S.India Ltd.
Subject : Intimation Regarding Resumption Of Operation
With reference to our earlier communication made on 3rd April, 2020, we would like to inform that the Company has duly resumed its operations of business with limited capacity as per the directions and guidelines issued by Central Government / State Government and Local Authorities. Further, the Company will closely monitor and comply with all regulatory announcements being issued by Central / State /Local Authorities, from time to time and is committed to ensuring full and immediate compliance with these at all times.

3. Scrip code : 523405
Name : JM Financial Limited
Subject : Qualified Institutions Placement Of Equity Shares Of The Face Value ? 1 Each (The ‘Equity Shares’) By JM Financial Limited (The ‘Company’) Under The Provisions Of Chapter VI Of Securities And Exchange Board Of India (Issue Of Capital And Disclosure Requirements) Regulations, 2018, As Amended (The ‘SEBI ICDR Regulations’), And Sections 42 And 62 Of The Companies Act, 2013, As Amended, Including The Rules Made Thereunder (The ‘Issue’).
1. We wish to inform you that the Committee of the Board (‘Committee’) has, at its meeting held today i.e. June 9, 2020, inter alia, passed resolutions for the following: a. Authorising the opening of the Issue today, i.e. June 9, 2020; b. Approving and adopting the preliminary placement document and the application form, both, dated June 9, 2020 in connection with the Issue; and c. Approving the floor price for the Issue, based on the pricing formula as prescribed under the SEBI ICDR Regulations. 2. We further wish to inform you that the ‘Relevant Date’ for the purpose of the Issue, in terms of Regulation 171 of the SEBI ICDR Regulations, is June 9, 2020 and accordingly the floor price in respect of the aforesaid Issue, based on the pricing formula as prescribed under Regulation 176(1) of the SEBI ICDR Regulations is ? 66.72 per Equity Share.

4. Scrip code : 946872
Name : UPL Limited
Subject : Proposed Issue Of US$ Denominated – Regulation S Only Senior Notes By UPL Corporation Limited, Mauritius
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that UPL Corporation Limited, Mauritius, (“UPL Corp”) subsidiary of the Company, is considering issue of 10 year US$ denominated – Regulation S only Senior Notes (Notes), subject to market conditions. The proceeds of the Notes, if issued shall be utilised to fund buy back through tender offer of existing USD 500 million 3.25% Notes – due in 2021 (Bonds), in whole or part. Considering Covid-19 situation, UPL considers it prudent to raise finance about twelve months in advance of the upcoming maturity of the Bonds and manage the liability proactively. This issuance of Notes does not result in increase in Net Debt of UPL. Further information as required under SEBI (LODR) Regulations, will be shared in due course.

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20200608-34

1. Scrip code : 539097
Name : HKG LIMITED
Subject : Outcome Of The Board Meeting Outcome of the Board Meeting – Sub Division of face value of Equity Shares

2. Scrip code : 539894
Name : Madhav Infra Projects Limited
Subject : Corporate Action-Board to consider Bonus Issue
In reference to captioned subject and in compliance to the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby informed that the Board of Directors of the Company, in their Board Meeting held today, i.e. on June 08, 2020, at the registered office of the Company situated at Madhav House, Plot No- 04, Nr. Panchratna Tower, Beside Amul Apartment, Subhanpura, Vadodara – 390 023, which was commenced at 11:00 A.M. and concluded at 11:30 A.M. have; (i) Considered and approved the Bonus Issue of Equity Shares in the ratio of 3:1 i.e. issue of Three Bonus Share for every One equity shares held by the equity shareholders of the Company, subject to the approval of the shareholders of the Company and any other applicable statutory and regulatory approvals, as may be required. The Bonus shares shall be allotted rank pari-passu in all respect and carry the same rights of the existing Equity Shares Kindly take the same on your record.

3. Scrip code : 540642
Name : Salasar Techno Engineering Limited
Subject : Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order Received new order worth Rs. 27.18 Crore

4. Scrip code : 513262
Name : Steel Strips & Wheels Ltd
Subject : Production Resumption Update
This is to update that now all SSWL plants are functional and all plants are catering to customer demand based on each location. we expect capacity utilization improving steadily in all across the plants and finally reach 75% of pre-Covid levels of production by September 2020. The volume delivery will rise strongly going into September 2020. The numbers from June to September looks promising as we expect to reach a gross revenue rate of Rs. 125-130crs by September 2020.