Daily Bulletin (29th  September, 2021)

Daily Bulletin (29th  September, 2021)

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20210929-51

 

Scrip code : 533271

Name : Ashoka Buildcon Limited

Subject : Announcement under Regulation 30 (LODR)-Updates on Acquisition

In continuation to the letter dated September 23, 2021, Ashoka Buildcon Limited (‘the Company’) is pleased to inform that it has further acquired balance 40% stake in equity share capital of Ashoka Bettadahalli Shivamogga Road Private Limited (‘ABSRPL’) viz., 20000 equity shares of Rs.10/- each for an aggregate consideration of Rs.2,00,000/- (Rupees Two Lakh only). Further to inform that ABSRPL is now a wholly owned subsidiary of the Company post he abovementioned acquisition. Please note that ABSRPLL executes the Project awarded by NHAI viz. Four Lanning of Tumkur – Shivamogga Section from Ch.170+415 km. to Ch.226+750 km., Bettadahalli – Shivamogga Section of NH-206 on Hybrid Annuity mode under Bharatmala Pariyojana in the State of Karnataka (Package IV) awarded by National Highways Authority of India (‘NHAI’). The details required pursuant to SEBI Circular CIR/CFD/CMD/4/2015 dated September 09, 2015 are given in Annexure I enclosed herewith. This is for your kind information.

 

Scrip code : 532365

Name : Dynacons Systems & Solutions Ltd.

Subject : Board Meeting Intimation for Allotment Of Equity Shares Pursuant To Conversion Of Warrants To Promoters/Promoter Group Of The Company

DYNACONS SYSTEMS & SOLUTIONS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 04/10/2021 ,inter alia, to consider and approve conversion of 11,45,000 warrants of face value of Rs. 10/- each into 11,45,000 equity shares of face value of Rs. 10/- each issued to promoters/promoter group on preferential basis.

 

Scrip code : 535789

Name : INDIABULLS HOUSING FINANCE LIMITED

Subject : Update – Indiabulls Housing Finance Ltd. Raises ? 27 Crores By Selling Part Of Its Stake In Oaknorth Holdings Ltd.

Indiabulls Housing Finance Limited (the ‘Company’) has sold a portion of its stake in OakNorth Holdings Ltd. (the wholly owning parent company of OakNorth Bank plc) (‘OakNorth’) for approximately ? 27 crores. The sale proceeds will be accretive to the regulatory net worth and the CRAR of the Company and will be added to the regulatory equity capital of the Company.

 

Scrip code : 542726

Name : IndiaMART InterMESH Limited

Subject : Announcement under Regulation 30 (LODR)-Updates on Acquisition

This is in continuation to our earlier disclosure dated May 13, 2020, regarding investment in Mobisy Technologies Private Limited (‘MTPL’). We would like to inform you that the Company has made an additional investment of Rs. 10 Crores (approx.) to acquire 7% of the paid up share capital in MTPL (on fully converted and diluted basis), by subscribing to 1,19,470 (One Lakh Nineteen Thousand Four Hundred Seventy Only) 0.001% Compulsorily Convertible Cumulative Preference Shares (‘CCPS’) of face value Rs. 1/- each, fully paid up, at a price of Rs. 837.03/-, on September 29, 2021. The aggregate shareholding of the Company in MTPL, post this investment, would be 15.98% of the Share Capital on fully converted and diluted basis. This is for your information and records.

 

Scrip code : 539005

Name : JAYATMA ENTERPRISES LIMITED

Subject : Board Meeting Intimation for Consider And Approve Scheme Of Arrangement In The Nature Of Amalgamation.

Jayatma Enterprises Ltd has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/09/2021 ,inter alia, to consider and approve 1. Scheme of Arrangement in the nature of Amalgamation of the Company and take on record Valuation report of Registered Valuer thereon. 2. Any other agenda with the permission of Chair. Please take the above on your records.

 

Daily Bulletin (28th  September, 2021)

Daily Bulletin (28th  September, 2021)

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20210928-56

 

Scrip code : 532762

Name : Action Construction Equipments Ltd.

Subject : Announcement under Regulation 30 (LODR)-Qualified Institutional Placement

Please note that the Qualified Institutions Placement Committee (‘QIP Committee’) has, at its meeting held today i.e. September 24, 2021 approved the issue and allotment of 56,00,000 Equity Shares of face value ? 2 each to eligible qualified institutional buyers at the issue price of ? 242 per Equity Share (including a premium of ? 240 per Equity Share) against the floor price of ? 254.55 per Equity Share, aggregating to ? 1,35,52,00,000, pursuant to the Issue in accordance with the SEBI ICDR Regulations.

 

Scrip code : 960018

Name : Dilip Buildcon Limited

Subject : Corporate Announcement

We are pleased to inform you that the Hon’ble Supreme Court of India vide judgement dated 21.09.2021 has in effect confirmed appointment of Dilip Buildcon Limited (DBL) & VPR Mining Infrastructure Private Limited (VPR), as the Mine Developer Cum Operator, by Punjab State Power Corporation Limited at the Pachhwara Central Coal Block Mine. The total contract value of the tender is Rs. 32,156.04 Crores (excluding taxes). Thus, as the result of the said judgement, DBL-VPR Consortium has been conferred with the absolute rights to undertake the mining developer cum operator works at the Pachhwara Central Coal Block mine. The trading window for dealing in the securities of the Company for all insiders, designated persons and their immediate relatives, connected persons, fiduciaries and intermediaries shall be closed till 48 hours from the date the said information generally made available with the public.

 

Scrip code : 532822

Name : VODAFONE IDEA LIMITED

Subject : Clarification sought from Vodafone Idea Ltd

The Exchange has sought clarification from Vodafone Idea Ltd with respect to news article appearing onhttps://www.financialexpress.com / September 28, 2021, titled “Revival plans: Promoters may invest Rs 10,000 crore in Vodafone Idea, says govt”. The reply is awaited.

 

Scrip code : 542667

Name : White Organic Retail Limited

Subject : White Organic Retail Ltd Gearing Up For Synergy With ‘Suumaya Group’

White Organic Retail Ltd (WORL), an integrated Organic Foods player offering end-to-end solutions to its customers. The company has built a robust value chain right from contract / leased farming to supply chain management to direct consumers. The promoters of WORL sold their 55.01% holdings to Suumaya Industries Limited wholly-owned subsidiary – ‘Suumaya Retail Ltd.’ Through this acquisition, Suumaya Industries Ltd an emerging Diversified Conglomerate Group has marked its footprint into Food & Beverages Retail business through inorganic route. Updating on the acquisition status, Mr. Darshak Rupani, MD of White Organic Retail Ltd said, ‘The acquisition of WORL by the wholly-owned subsidiary of SIL is nearing completion. We are awaiting few final regulatory approvals and the entire deal would be closed soon. In the intermittent period, we are working rigorously for smooth vesting of management control to the acquirer and at the same time ensuring business continuity.’

 

 

S H Kelkar & Company Ltd

S H Kelkar & Company Ltd
Personal Products
FV – Rs 10; 52wks H/L – 189.8/81; TTQ – 3680; CMP – Rs 160(As On September 28 , 2021);                      

            Market Cap – Rs 2248 Crs

Consolidated Financials and Valuations for FY20 (Amt in Rs Crs unless specified)


Equity Capital
Net worth		  Debt
Total
Sales		 PAT
BV
(Rs)
EPS (Rs)
P/E
P/BV
Promoter’s
Stake
141.32 955 493 1345 144 68 10.2 15.7 2.4 58.57

Consolidated Financials and Valuations for Q1 FY22


Equity Capital
Net worth		  Debt
Total
Sales		 PAT
BV
(Rs)
EPS (Rs)
P/E
P/BV
Promoter’s
Stake
141.32 1036 493 359 81 73 5.7 28 2.2 58.57

 

On July 22nd, SHK temporarily suspended operations at its unit in Mahad on account of unprecedented rains, which caused severe flooding and major power outage in the area. The Company has conducted a survey, wherein the total repair and damage cost at the plant due to flooding was approximated to be at Rs. 6 to 7 Crs. The factory operations at the unit are likely to remain suspended till September 2021 and the Company is undertaking all necessary steps to resume the operations at the earliest

  • The Company witnessed normalization in demand and enquiries in domestic and international markets during Q3 FY 2020-21 with steady engagements across the mid & large sized FMCG customers In addition, CFF, the Company’s 100% wholly-owned subsidiary, also delivered an encouraging performance. during the quarter supported by robust demand and volume off-take in the European markets. This is the first full quarter of consolidation of CFF in SHK’s performance
  • Fragrance segment, which contributes 90% to total revenue, clocked a healthy 7.9% growth in domestic business and 4.7% growth in the international business. Flavours segments de-grew by 17.9% in domestic business but posted 17% growth in the international business.
  • The Company reduced Net Debt as on 31 March 2020 to Rs. 299 Cr as compared to Rs. 400 Cr as on 30 September 2019 after accomplishing buy-back and interim dividend.
  • On the international front, the manufacturing facilities at China (Anhui Ruibang) and Italy (Creative Flavours and Fragrances SpA) continue to be fully operational in FY 2020-21. From mid January 2020 to the 1st week of March 2020, the manufacturing facility in China was shut initially for maintenance and later due to COVID-19 outbreak. The Company was geared to increase production at Mahad facility to meet possible surge in demand.
  • The Company rolled out a dedicated team, creative support and plan for MENA region and saw good growth traction in various countries like Sri Lanka, Myanmar, Bangladesh etc.
  • The Company is looking to expand its distribution in the neighbouring countries, especially in the food segments in Africa, Middle East and Russia. The export market which constitutes 60% of business is expected to grow at a faster pace.
  • SHKL sources 30% of its raw material from China. However, on account of adequate inventory position for 4QFY20, management doesn’t see any significant impact of the Coronavirus led lockdown in China currently. Further, management will review the situation.
  • The recently added industrial segment is doing well for the company and is expected to generate INR100m in revenue for FY20. Management believes that the segment could be an INR2b opportunity in the future.
  • The China is at a very low capacity utilization at the moment at 20%, Mahad and Vapi continue to be above 80% and the Fragrance and Flavour plants are around 50%-55% utilization. (Earnings call Transcript)
  • On July 28, 2020, SHK through its Italian subsidiary — Keva Italy Srl, concluded the acquisition of the remaining 49% equity stake in Creative Flavors and Fragrances (CFF). CFF is now a 100% wholly-owned subsidiary of SHK CFF delivered an encouraging performance during the quarter ended September 30, 2020 on the back of increasing demand and volume off-take in the Italian market during the period under review.

Fragrance Division :

 

Overview:
• S H Kelkar and Company Limited is an India-based fragrance and flavors manufacturing company.
• The Company is engaged in offering fragrances in various categories, such as personal care, hair care, skincare and cosmetics, fabric care, household products and fine fragrances.
• The Company offers flavors in various categories, such as dairy products, beverages, confectionery, bakery products and pharmaceuticals.
• It also offers a range of services, which include bio technology research service, cosmetic research service, cosmetic testing laboratory and custom synthesis services.
• The Company offers products under SHK, Cobra and Keva brands.
• The Company has a strong and dedicated team of scientists, perfumers, flavourists, evaluators and application executives at its facilities and five creation and development centres in India, Singapore, Amsterdam, Indonesia and Italy for the development of fragrance and flavour products.
• The research team has developed 12 molecules over the last three years. The Company has filed 13 patent applications in respect of molecules, systems and processes developed by it, of which 2 have been commercially exploited in deodorant and fine fragrance categories.
• Over the years, SHK has developed a vast product portfolio of fragrances and flavour products for the FMCG, personal care, pharmaceutical and food & beverages industry.
• The Company has a diverse and large client base including leading national and multinational FMCG companies, blenders of fragrances & flavours and fragrance & flavour producers.
• The company has 12 subsidaries & 2 JV’s.

Management:
• Mr. Ramesh Vaze– Chairman
• Mr. Kedar Vaze – CEO
• Mr. Shrikant Mate – CFO

Major Non – Promoter Holdings:

Non – Promoters No. of shares held % shares held
IDFC Multi Cap Fund 2809670 2.04
Tata Mutual Fund – Tata Small Cap Fund 2406248 1.74
Kotak Mahindra (International) Limited 2082318 1.51
Harding Loevner International Small Companies Portfolio 1568501 1.14
Blackstone Capital Partners (Singapore) Vi Fdi Two Pte. Ltd. 14439269 10.46

Share Price Trend:

https://www.bseindia.com/xml-data/corpfiling/AttachHis/34d30843-6398-4264-b28a-42bafedb8a37.pdf
https://www.bseindia.com/xml-data/corpfiling/AttachHis/83557a22-b900-4a95-9899-7ca959429d1b.pdf

 

 

SPIC Ltd

SPIC Ltd

Company Overview

 

Incorporated in 1969, Chennai based Southern Petrochemical Industries Corporation Ltd. (SPIC) is one of India’s leading fertilizer manufacturer. Its manufacturing units are spread across Tamil Nadu and are capable of producing 6,20,000 MT of Neem Coated Urea. SPIC is a household name in Tamil Nadu especially the farming community.

 

Associates & JV

 

Tuticorin Alkali is the only producer of Soda Ash using the Japanese Toyo Soda Dual Process. Its manufacturing unit is located at Tuticorin in Tamil Nadu contiguous to the SPIC Plant. The unit co-produces Ammonium Chloride fertilizers. SPIC holds 23.46% stake in the company.

Tamilnadu Petroproducts Ltd. (TPL) produces Linear Alkyl Benzene (LAB) used in manufacturing of surfactants for detergents. It is also used in manufacturing sanitizers, which at present are in great demand due to the current Covid-19 pandemic. SPIC holds 16.93% stake in it.

CAPEX

 

SPIC has incurred capex of around Rs.500 crore over the past 3 years to convert to natural gas-based operations from the high-cost naphtha. This will boost the company’s production volume from 620000 to 700000 MT and also reduce its storage cost. SPIC has already entered into an agreement with IOC and ONGC for supply of natural gas and has started receiving it from IOC. This will lead to a huge turnaround in the company.

Valuations

 

SPIC has RoCE of 12.9% and RoE of 16.7%. The company has been reducing its debts and has : equity (DE) ratio of  just 0.23x and has delivered a good profit growth of 45.44% CAGR over the past 5 years. Currently, the stock is available at PE of 15.4

Daily Bulletin (27th  September, 2021)

Daily Bulletin (27th  September, 2021)

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20210927-52

Scrip code : 530109

Name : ANUPAM FINSERV LIMITED

Subject : Record Date For Stock Split Is Fixed For 07Th October, 2021

Pursuant to Regulation 42 of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015, we write to inform you that the Board of Directors of the Company has fixed Thursday, 07th October, 2021 as the Record Date for determining the eligibility of Shareholders with regard to the Sub Division of each Equity Share of face value of Rs. 10/- (Rupees Ten) each into 10 (Ten) Equity Shares of Re. 1/- (Rupee One) each as approved by the shareholders in the 30th Annual General Meeting of Page 45 bu270921.txt the Company held on 20th September, 2021

 

Scrip code : 500016

Name : Aruna Hotels Ltd.

Subject : Updates on Offer (Rights Issue)

Saffron Capital Advisors Pvt. Ltd. (“Manger to the Issue”) has submitted to BSE a copy of Pre-Issue Advertisement dated September 24, 2021 published on September 25, 2021 for the Rights Issue of the Aruna Hotels Ltd (“the Company”).

 

Scrip code : 952436

Name : Edelweiss Financial Services Ltd. S

ubject : Clarification On ‘Media/Publication’ Captioned ‘Edelweiss Invests Rs. 355 Crore In Hubtown’S Two Residential Projects In Mumbai’

Clarification on ‘Media/Publication’ captioned ‘Edelweiss invests Rs. 355 crore in Hubtown’s two residential projects in Mumbai

 

Scrip code : 958687

Name : Kotak Mahindra Bank Ltd. S

ubject : Investment In Kfin Technologies Private Limited

We wish to inform you that Kotak Mahindra Bank Limited (the ‘Bank’) has agreed to subscribe to 1,67,25,100 Equity Shares in KFin Technologies Private Limited for a consideration of approximately Rs. 310 crore translating into an equity shareholding of 9.98% on September 19, 2021. The transaction is subject to customary closing conditions.

 

Scrip code : 509243

Name : TVS Srichakra Ltd.,

Subject : Announcement Under Regulation 30 (LODR) Updates

We, TVS Srichakra Limited (TSL), wish to inform that we are participating in the Rights Issue offered by our wholly owned subsidiary, TVS Srichakra Investments Limited (TVSSIL), to the extent of our entitlement, i.e. 2,85,271 shares for a consideration of Rs.3,49,99,899/-. Simultaneously, TVS Srichakra Investments Limited (TVSSIL) will be participating in the Rights Issue offered by its wholly owned subsidiary TVS Sensing Solutions Private Limited (formerly ZF Electronics TVS India Private Limited) to the extent of its entitlement, i.e. 339805 shares for a consideration of Rs.3,49,99,915/-. In turn, TVS Sensing Solutions Private Limited will be participating in Compulsorily Convertible Preference shares to the extent of 350,000 shares at Rs.100/- each in Fiber Optic Sensing Solutions Private Limited, a subsidiary of TVS Sensing Solutions Private Limited.

 

Scrip code : 539963

Name : Zeal Aqua Limited

Subject : Intimation Of Record Date For Sub-Division Of Equity Shares.

Pursuant to Regulation 42 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, we write to inform you that the Board of Directors of the Company has fixed Tuesday, October 19, 2021 as the Record Date for determining the eligibility of Shareholders with regard to the sub-division of each equity share of face value of Rs. 10/- (Rupees Ten) each into 10 (ten) equity shares of face value of Re. 1/- (Rupee One) each as approved by the shareholders in the 13th Annual General Meeting held on 17th September, 2021.

Daily Bulletin (24th  September, 2021)

Daily Bulletin (24th  September, 2021)

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20210924-60

 

Scrip code : 542752

Name : Affle (India)

Subject : Intimation With Regard To Fixation Of Record Date For Stock Split In Terms Of Regulation 42 Of The SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015

This to inform you that the members of the Company at its Annual General Meeting held on September 23, 2021 have approved the sub-division of Equity Shares of the Company from One (1) Equity Share having face value of Rs. 10/- each (Rupees Ten only) into Five (5) equity shares having the face value of Rs. 2/- each. (Rupees Two only) fully paid up. In this regard, pursuant to Regulation 42 of the SEBI (Listing Obligations & Disclosure Requirement) Regulations, 2015, we hereby inform that the Record Date is October 8, 2021.

 

Scrip code : 540694

Name : ANG Lifesciences India Limited

Subject : Announcement under Regulation 30 (LODR)-Meeting Updates

Pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, this is to inform you that Board of Directors of the Company on 24th September, 2021 has allotted 51,83,315 Equity Shares having face value of Rs.10 each as Fully-Paid up Bonus shares in the ratio of 1:1 i.e. 1 (One) new fully paid-up equity shares each for every 1 (One) existing fully paid -up equity shares of Rs. 10 each to all the eligible members of the Company, whose name appear in the Register of members/list of beneficiary owners as on 23.09.2021 (being the record date fixed for this purpose).

 

Scrip code : 539872

Name : Bajaj Healthcare Limited

Subject : Corporate Action-Updates on intimation of Sub division / Stock Split

Intimation of new ISIN for Fully Paid up Equity Shares with Face value of Rs.5/-.

 

Scrip code : 532548

Name : Century Plyboards (India) Ltd.

Subject : Intimation Of Disclosure Received Under Regulation 10(5) Of The SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations, 2011

We would like to inform you that we have received intimation from Mr. Vishnu Khemani-Promoter, that he intends to acquire 60,00,000 (Sixty Lakh) Equity Shares of the Company by way of inter-se transfer of shares amongst immediate relatives on or after 29th September, 2021, in terms of Regulation 10(1)(a)(i) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. A copy of the same is enclosed herewith.

 

Scrip code : 506395

Name : Coromandel International Limited

Subject : In The Matter Of Scheme Of Amalgamation Of Liberty Pesticides And Fertilizers Limited, Coromandel SQM (India) Private Limited With Coromandel International Limited And Their Respective Shareholders

This is to inform you that the Hon’ble National Company Law Tribunal, Hyderabad vide its order dated September 17, 2021 (‘Tribunal Order’) has directed the Company to convene the meetings of the equity shareholders, secured creditors and unsecured creditors of the Company in the matter of Scheme of Amalgamation of Liberty Pesticides and Fertilizers Limited, Coromandel SQM (India) Private Limited with Coromandel International Limited and their respective shareholders. We enclose a copy of the Tribunal Order and reuest you to kindly take the same on record.

 

Scrip code : 960017

Name : Dilip Buildcon Limited

Subject : Corporate Announcement

We are pleased to inform you that the Hon’ble Supreme Court of India vide judgement dated 21.09.2021 has in effect confirmed appointment of Dilip Buildcon Limited (DBL) & VPR Mining Infrastructure Private Limited (VPR), as the Mine Developer Cum Operator, by Punjab State Power Corporation Limited at the Pachhwara Central Coal Block Mine. The total contract value of the tender is Rs. 32,156.04 Crores (excluding taxes). Thus, as the result of the said judgement, DBL-VPR Consortium has been conferred with the absolute rights to undertake the mining developer cum operator works at the Pachhwara Central Coal Block mine. The trading window for dealing in the securities of the Company for all insiders, designated persons and their immediate relatives, connected persons, fiduciaries and intermediaries shall be closed till 48 hours from the date the said information generally made available with the public.

 

Scrip code : 504028

Name : GEE Ltd.

Subject : Allotment Of Bonus Equity Shares

The Board of Directors of the Company, by means of Circular Resolution dated September 24, 2021, have allotted 23,62,588 Bonus Equity Shares of Rs. 2/- each as fully-paid up Bonus Equity Shares, in the proportion of one(1) Equity Share of Rs. 2/- each for every ten (10) existing Equity Shares of Rs. 2/- each, to the eligible Members whose names appeared in the register of Members / list of beneficial owners maintained by the Registrar and Share Transfer Agent (RTA) of the Company as on September 22, 2021 i.e. record date fixed for this purpose. Consequently, the paid-up Equity Share Capital of the Company stands increased from Rs. 4,72,51,756 divided into 2,36,25,878 Equity Shares of Rs. 2/- each to Rs. 5,19,76,932 divided into 2,59,88,466 Equity Shares of Rs. 2/- each. This is for your information and records.

 

Scrip code : 513599

Name : Hindustan Copper Ltd.

Subject : Announcement under Regulation 30 (LODR)-Offer for Sale

In accordance with the approval given by Alternative Mechanism on September 15, 2021, the President of India, acting through Ministry of Mines, Government of India is proposing to offer up to 3,198,646 equity shares of face value of Rs. 5 each to the eligible employees of the Company at a price of Rs. 116 per equity share. The Employee OFS shall remain open from September 27, 2021 to September 29, 2021 (both days inclusive).

 

Scrip code : 533098

Name : NHPC Limited

Subject : Announcement Under Regulation 30 (LODR)-Meeting Update

In compliance to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, it is to inform that the Board of Directors of NHPC Limited in its meeting held today i.e. Friday, September 24, 2021 has considered and approved the proposal to initiate the process of merger / amalgamation of Jalpower Corporation Limited (Wholly Owned Subsidiary of NHPC) with NHPC Limited as per applicable provisions of the Companies Act, 2013 subject to approval of Government of India. The information pursuant to Regulation 30 of SEBI (LODR), 2015 is enclosed herewith. This is for your record and information.

 

Scrip code : 526582

Name : TPL Plastech Limited

Subject : Announcement under Regulation 30 (LODR)-Allotment

We wish to inform you that the Company has allotted 78,00,300 Equity Shares of Rs. 10/- each on September 24, 2021 as fully paid-up Bonus Equity Shares in the ratio of 1 (one) fully paid-up Equity Shares of Rs. 10/- each of the Company for every 1 (one) fully paid Equity Shares of Rs. 10/- each to the members whose names appeared in the Register of Members and Register of Beneficial Owners as per the particulars obtained from National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL) as on September 18, 2021, being the Record Date fixed for that purpose. Consequent to the aforesaid allotment of Bonus Equity Shares, the share capital of the Company stands increased to Rs. 15,60,06,000 divided in 1,56,00,600 Equity Shares of Rs. 10/- each fully paid-up. Kindly take the above information on record.

 

 

Daily Bulletin (23rd  September, 2021)

Daily Bulletin (23rd  September, 2021)

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20210923-58

 

Scrip code : 533271

Name : Ashoka Buildcon Limited

Subject : Announcement under Regulation 30 (LODR)-Acquisition

Ashoka Buildcon Limited (‘the Company’) is pleased to inform that it has acquired 60% stake in equity share capital of Ashoka Bettadahalli Shivamogga Road Private Limited (‘ABSRPL’) viz., 30000 equity shares of Rs.10/- each for an aggregate consideration of Rs.3,00,000/- (Rupees Three Lakh only). Further to inform that ABSRPL was a step down subsidiary of the Company prior to the abovementioned acquisition. Please note that ABSRPLL executes the Project awarded by NHAI viz. Four Lanning of Tumkur – Shivamogga Section from Ch.170+415 km. to Ch.226+750 km., Bettadahalli – Shivamogga Section of NH-206 on Hybrid Annuity mode under Bharatmala Pariyojana in the State of Karnataka (Package IV) awarded by National Highways Authority of India (‘NHAI’). The details required pursuant to SEBI Circular CIR/CFD/CMD/4/2015 dated September 09, 2015 are given in Annexure I enclosed herewith. This is for your kind information.

 

Scrip code : 532807

Name : Cineline India Limited

Subject : Announcement under Regulation 30 (LODR)-Allotment

The Board Meeting of the Company was held today i.e Thursday, 23rd September, 2021 at 11:00 A.M. through video conferencing, wherein the Board of Directors considered and approved the allotment of following securities: 1. The allotment of 14,68,532 (Fourteen Lakhs Sixty Eight Thousand Five Hundred Thirty Two) warrants each convertible into or exchangeable for one equity shares of the Company within the period of 18 months in accordance with the applicable law to the members of the Promoter Group on preferential basis. 2. The allotment of 20,97,902 (Twenty Lakhs Ninety Seven Thousand Nine Hundred Two) fully paid up equity shares of the Company to an entity on preferential basis.

 

Scrip code : 539876

Name : Crompton Greaves Consumer Electricals Limited

Subject : Intimation For Exercise Of Call Option

Pursuant to the provisions of Regulation(s) 30, 50 & 60 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby wish to inform that the Company has decided to exercise call option in respect of its Listed, Secured, Rated, Redeemable Non-Convertible Debentures (‘NCDs’) as per the terms and conditions of issue as mentioned in the Information Memorandum of the privately placed NCDs. Pursuant to Regulation 60(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to further intimate the record date for the purpose of redemption of NCDs pursuant to the exercise of the call option by the Company and the date of redemption and interest payment date.

Scrip code : 535789

Name : INDIABULLS HOUSING FINANCE LIMITED

Subject : Issue Of Foreign Currency Convertible Bonds (‘Fccbs’) Aggregating To USD 165 Million By Indiabulls Housing Finance Limited

Further to our letter dated 16.09.2021 intimating you about the meeting of the Securities Issuance Committee to be held on 21.09.2021 in respect of the Issue, we wish to inform you that the Committee at its meeting held today i.e. 21.09.2021 has, amongst other things, passed the following resolutions: a. Approved and adopted the final offering circular dated 21.09.2021. b. Approved the subscription agreement to be executed between the Company and the joint lead managers and joint bookrunners appointed for the purpose of the Issue. c. Approved the price of the US $165,000,000, 4.5 per cent. Secured Convertible Bonds due 2026 (‘FCCBs’) convertible into equity shares of Rs. 2.00 each (‘Equity Shares’) in the share capital of the Company, including the (i) issue price for the FCCBs: 100% of the principle amount of the FCCBs and (ii) initial Conversion price of INR 243.05 per fully paid-up Equity Share of the Company; and For details refer attachment.

 

Scrip code : 533155

Name : Jubilant Foodworks Limited

Subject : Announcement under Regulation 30 (LODR)-Acquisition

In terms of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 (‘Listing Regulations’), we wish to inform that Jubilant Foodworks Limited (‘Company’) has entered into Share Subscription Agreement and Shareholders’ Agreement both dated September 22, 2021 to acquire 25.02% stake in Wellversed Health Private Limited. This investment reflects the Company’s intent of making strategic investments in promising start-ups and emerging businesses and is in line with the stated goal of building a multi-brand and multi-country food business powered by technology. In this regard, pursuant to provisions of Regulation 30 read with Schedule III of the Listing Regulations, please find attached herewith details of proposed acquisition by the Company in the prescribed format. This is for your information and records.

 

Scrip code : 543280

Name : Nazara Technologies Limited

Subject : Announcement under Regulation 30 (LODR)-Updates on Acquisition

With reference to the captioned subject and in furtherance to our letter dated June 17, 2021, we wish to inform you that Publishme Global FZ LLC, one of step- down wholly owned subsidiary of the Company, have signed definitive agreements on September 20,2021 with Arrakis Tanitim Organizasyon Pazarlama San.Tic. Ltd. Sti. (Publishme) and the founders and shareholders of Publishme and Nazara Technologies FZ LLC for the following matters: 1. proposed acquisition of 100% stake of Publishme through secondary purchase from the founders and existing shareholders of Publishme; and 2. subscription of 30.82% stake by the founders of Publishme in Publishme Global FZ LLC. Post completion of both above transaction, the Company through its step-down wholly owned subsidiary company i.e. Publishme Global FZ LLC, will hold 69.18% stake in Publishme.

 

Scrip code : 543274

Name : Rangoli Tradecomm Limited

Subject : Board recommends Bonus Issue

Rangoli Tradecomm Ltd has informed BSE that the Board of Directors of the Company at its meeting held on September 23, 2021, inter alia, has recommended Bonus Issue of Equity Shares in the ratio of 2 (Two) Equity Share of Rs. 10/- each for every 1 (One) Equity Share of Rs. 10/- each (i.e. 2:1, {200%}) held by the shareholders of the Company as on record date, subject to the approval of Shareholders and other regulatory authorities, if any.

 

Scrip code : 534597

Name : RATTANINDIA ENTERPRISES LIMITED

Subject : Intimation Regarding Incorporation Of A New Subsidiary Company Of Rattanindia Enterprises Limited (The Company)

Pursuant to Regulation 30 of the Listing Regulations, we wish to inform you that a wholly owned subsidiary of the Company by the name ‘NeoSky India Limited’ has been incorporated and registered with the Registrar of Companies NCT of Delhi, New Delhi with effect from September 20, 2021. NeoSky India Limited has been incorporated with the object of engaging in the Unmanned Aerial Vehicle (UAV) Drone business.

 

 

Paras Defence & Space technologies Ltd  

Paras Defence & Space technologies Ltd

 

  1. Pricing Of the Issue :
IPO Opening Date Sep 21, 2021
IPO Closing Date Sep 23, 2021
Issue Type Book Built Issue IPO
Face Value Rs.10 per equity share
IPO Price Rs.165 to Rs.175 per equity share
Market Lot 85 Shares
Listing At BSE, NSE
Issue Size Rs. 170.78 Crs
Fresh Issue Rs. 140.6 Crs (8034286 Eq. Shares of Rs.10 each)
Offer for Sale 1724490 Eq Shares of Rs. 10
(aggregating up to ₹30.18 Cr)
BRLM Anand Rathi Advisors

 

The company has undertaken a Pre-IPO Placement of 2,552,598 Equity Shares at average price of Rs. 134.76/ – per share, aggregating to ₹ 34.40 Crore.

2.Planned Usage of Funds:

  • Fund capital expenditure requirements.
  • Funding incremental working capital requirements.
  • Repayment or prepayment of all or a portion of certain borrowings/outstanding loan facilities availed by the company.
  • General Corporate purposes.

 

3.Promoters:

  • Sharad Virji Shah is the Chairman of the company.
  • Munjal Sharad Shah is the Managing Director of the company.
  • Harsh Dhirendra Bhansali is the Chief Financial Officer of the company.

 

4.Products& Services, Places & Plants:

Paras Defence and Space Technologies Limited (“Paras Defence”) was incorporated on June 16, 2009. Paras Defence is one of the leading ‘Indigenously Designed Developed and Manufactured’ (“IDDM”) category Indian private sector company engaged in designing, developing, manufacturing and testing of a wide range of defence and space engineering products and solutions.

Paras Defence caters to 5 major segments of Indian defence sector:

  • Defence and Space Optics: High precision optics for defence and space applications such as thermal imaging and space imaging systems;
  • Defence Electronics: Providing a wide array of high performance computing and electronic systems for defence applications, including sub systems for border defence, missiles, tanks and naval applications;
  • Electro-Magnetic pulse (“EMP”) protection solution: EMP Racks, EMP filters used for protection of data and power lines within a rack/shelter/room against electro-magnetic pulse or interference.
  • Heavy Engineering: components for rockets and missiles along with mechanical manufacturing support to other verticals.
  • Niche Technologies: identified and partnered with some of the leading technology companies around the world in order to indigenise advanced technologies in the defence and space sectors for catering to the Indian market.

Order Book as on June 30,2021:

Particulars No. of orders Value (Rs.Crs)
Defence and Space Optics 37 202.64
Defence Electronics 49 70.56
Heavy Engineering 34 31.79
Total   304.99

 

  1. Participation in Equity:
  Pre – Offer   Post – Offer
Shareholders No. of Shares % of Capital Shares Offered No. of Shares % of Capital
Promoter & Promoter Group 24587250 79.40% 1300000 23287250 59.71%
Public – Individual 2837498 9.16% 424490 2413008 6.19%
Public – Others 3541027 11.44%   13299803 34.10%
Total 30965775 100.00% 1724490 39000061 100.00%

 

Post Issue Market Cap = Rs. 683 Crs. (At Upper Price Band, 39000061* Rs.175)

 

6.Performance, Prospects & Pains:

Financial Info:

7.Peers:

The Company does not have any listed peers in India.

 

8.Policy:

Any Change in the New Industrial Policy and from Department of Military Affairs will ffcet the Company.

 

Daily Bulletin (9th September, 2021)

Daily Bulletin (9th September, 2021)

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20210909-46

 

Scrip code : 532734

Name : GODAWARI POWER AND ISPAT LTD.

Subject : Board to consider Sub-division of Equity Shares & Bonus Issue

Godawari Power and Ispat Ltd has informed BSE that a meeting of the Board of Directors of the Company is scheduled to be held on September 14, 2021, inter alia: 1. To Re-consider the Scheme of Arrangement of Godawari Power and Ispat Limited with Jagdamba Power and Alloys Limited. 2. To consider the proposal for sub-division / split of the equity shares of face value of Rs. 10 each of the Company in such manner as may be determined by the Board of Directors. 3. To consider the proposal for Issue of Bonus Shares; Further, pursuant to Company’s Code of Conduct for Regulating, Monitoring and Reporting Trading by an Insider and SEBI (Prohibition of Insider Trading) Regulations, 2015, ‘Trading Window’ for dealing in securities ofthe Company will remain closed from September 08, 2021 to till 48 hours after the conclusion of the Meeting of the Directors / KMP and other designated employees etc. covered under the Code.

 

Scrip code : 532636

Name : IIFL FINANCE LIMITED

Subject : Announcement under Regulation 30 (LODR)-Allotment

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that Finance Committee of the Board of Directors of the Company vide Resolution dated September 07, 2021 approved allotment of 1,000 Non-Convertible Debentures namely Secured Redeemable Non-Convertible Market Linked Debenture -Series D14 of Face Value of INR 10 Lakhs each, for cash at par, aggregating to INR 100 Crores, on Private Placement Basis. We request you to note the details of the aforesaid allotment as attached. This intimation is also uploaded on the website of the Company at www.iifl.com. Request you to kindly take the above information on your record and disseminate the same on your website.

 

Scrip code : 507779

Name : Kanpur Plastipack Limited

Subject : Board Meeting Intimation for Allotment Of Bonus Shares

KANPUR PLASTIPACK LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 18/09/2021 ,inter alia, to consider and approve allotment of Bonus Shares in the ratio of 1:2 i.e. 1 fully paid up equity share as Bonus Share for every existing 2 fully paid up equity shares of Rs. 10/- each.

 

Scrip code : 521248

Name : Kitex Garmenets Ltd.

Subject : Board Meeting Intimation for Board Meeting Notice To Discuss Expansion Plans In The State Of Telangana

KITEX GARMENTS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/09/2021 ,inter alia, to consider and approve i. the expansion plans of the company in the state of Telangana It is further informed that as per Company’s Code of Conduct for Prohibition of Insider Trading framed pursuant to the SEBI (Prohibition of Insider Trading) Regulations, 2015, the Company has intimated its ‘designated persons’ regarding the closure of the Trading Window for trading in the Company’s equity shares from Today, September 9, 2021 and will be re-opened 48 hrs after the outcome of above board meeting is made to the public. Please take the above on record and acknowledge the receipt. Thanking you, For Kitex Garments Limited CS. Mithun B Shenoy Company Secretary & Compliance officer (ICSI M. no. FCS 10527)

 

Scrip code : 540005

Name : Larsen & Toubro Infotech Limited

Subject : Update On Scheme Of Amalgamation Between Syncordis Software Services India Private Limited And Ruletronics Systems Private Limited With Larsen & Toubro Infotech Limited

In continuation to our previous disclosures vide letter no. LTI/SE/STAT/2020-21/55 dated October 20, 2020 and letter no. LTI/SE/STAT/2020-21/64 dated November 13, 2020, we wish to inform you that the Hon’ble National Company Law Tribunal, Mumbai Bench vide its order dated July 16, 2021 has sanctioned the Scheme of Amalgamation between Syncordis Software Services India Private Limited and Ruletronics Systems Private Limited (‘Transferor Companies’), wholly owned subsidiaries, with the Company (‘Transferee Company’) and their respective shareholders (‘Scheme of Amalgamation’). The Company received the certified true copy of the order on September 6, 2021 and to make the Scheme of Amalgamation effective, the Company has filed the same with Registrar of Companies, Mumbai today on September 8, 2021. The Appointed date of the Scheme is April 1, 2021.

 

Scrip code : 532735

Name : R Systems International Limited

Subject : Corporate Action-Updates on Buy back

SUBMISSION OF LETTER OF OFFER FOR THE BUYBACK OF NOT EXCEEDING 1,333,000 (THIRTEEN LAKHS THIRTY THREE THOUSAND EQUITY SHARES) FULLY PAID-UP EQUITY SHARES OF FACE VALUE RE.1/- EACH (‘EQUITY SHARES’) OF R SYSTEMS INTERNATIONAL LIMITED (‘COMPANY’) AT A PRICE OF INR 225/- (RUPEES TWO HUNDRED AND TWENTY FIVE ONLY) PER EQUITY SHARE FOR AN AGGREGATE AMOUNT OF UP TO RS. 299,925,000/- (RUPEES TWENTY NINE CRORE NINETY NINE LAKHS TWENTY FIVE THOUSAND ONLY) (THE ‘BUYBACK SIZE’) THROUGH THE TENDER OFFER PROCESS PURSUANT TO THE SEBI (BUY BACK OF SECURITIES) REGULATIONS, 2018, AS AMENDED (‘BUYBACK REGULATIONS’)

 

 

Daily Bulletin (1st September, 2021)

Daily Bulletin (1st September, 2021)

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20210901-45

Scrip code : 542752

Name : Affle (India) Limited

Subject : Board approves Sub-division of Equity Shares

Affle (India) Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 26, 2021, inter alia, has transacted the following business: – Approval of stock split (sub-division of equity shares) of Company’s One (1) equity share of face value of Rs. 10/- each into Five (5) equity shares of face value of Rs. 2/- each, subject to the approval of shareholders and other approvals as may be required.

 

Scrip code : 500103

Name : Bharat Heavy Electricals Ltd.,

Subject : BHEL Secures Largest Ever Order Worth Rs 10,800 Crores From NPCIL For EPC Of Turbine Island For 6 Units Of 700 Mwe.

BHEL secures largest ever order worth Rs 10,800 Crores from NPCIL for EPC of Turbine Island for 6 units of 700 MWe.

 

Scrip code : 538789

Name : BUDGE BUDGE COMPANY LIMITED

Subject : Delisting Offer

VC Corporate Advisors Private Limited (“Manager to the Delisting Offer”) has submitted to BSE a copy of Initial Public Announcement Under Regulation 8(1) of the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2021 (“SEBI Delisting Regulations”) for the attention of the Equity Shareholders of the Budge Budge Company Ltd (“the Company”).