Daily Bulletin (28th October, 2021)

Daily Bulletin (28th October, 2021)

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20211028-56

Scrip code : 531449

Name : GRM Overseas Ltd.

Subject : Fixation Of Record Date

Sub: Fixation of Record Date for: (1) Stock split / sub-division of Equity Shares of face value from Rs.10/- each to Rs.2/- each. (2) Payment of Interim Dividend for Q2 FY 2021-22.

 

Scrip code : 542830

Name : Indian Railway Catering & Tourism Corporation Ltd

Subject : Sharing Of Proceeds Of Service Charge On E-Ticketing With Indian Railways

In compliance with the Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is to be informed that Ministry of Railways vide above referred letter has conveyed its decision to share the revenue earned from convenience fee collected by IRCTC in the ratio of 50: 50 w.e.f 1st November 2021. This is for your information and record.

 

Scrip code : 508918

Name : IRONWOOD EDUCATION LIMITED

Subject : Announcement under Regulation 30 (LODR)-Acquisition

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations & Disclosure Requirements) Regulations, 2015, please be informed that the Company has subscribed for 3,50,000 equity shares of Rs. 10/- each (20%) of Coaching Beyond Private Limited in the right issue. Kindly take the same on record.

 

Scrip code : 532732

Name : Kewal Kiran Clothing Ltd.

Subject : Corporate Action-Board approves Dividend

Apropos the captioned subject please be informed that the Board of Directors have in their meeting held on October 28, 2021 declared a 1st interim dividend @ 100% i.e Rs. 10/- per share on 1,23,25,037 equity shares of Rs. 10/- each for the financial year 2021-22 and that the date of payment of the said interim dividend will be on or after November 22, 2021. {The aforesaid Board Meeting commenced at 4.00 p.m and concluded at 6.00 p.m.} This is for your information and records pursuant to Regulation 43(1) read with regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Thanking you. Yours faithfully, For Kewal Kiran Clothing Ltd. ABHIJIT WARANGE VICE PRESIDENT- LEGAL & COMPANY SECRETARY.

 

Scrip code : 532732

Name : Kewal Kiran Clothing Ltd.

Subject : Board recommends Bonus Issue

Kewal Kiran Clothing Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 28, 2021, inter alia, have approved and recommended the issuance of fully paid up bonus shares in the ratio of 4:1 (e.g 4 fully paid shares for every 1 fully paid up equity share held), subject to the shareholders approval.

 

Scrip code : 505790

Name : Schaeffler India Limited

Subject : Corporate Action-Outcome of Sub division / Stock Split

The Board of Directors of the Company at its meeting held on October 28, 2021, inter alia, has approved the Sub-Division/ Split of existing 1 (One) equity share of face value of Rs. 10/- each fully paid up into 5 (Five) equity shares of Rs. 2/- each fully paid up, subject to the approval of shareholders of the Company.

 

Scrip code : 514162

Name : Welspun India Ltd

Subject : Announcement under Regulation 30 (LODR)-Acquisition

The Company has acquired the newly incorporated Easygo Textiles Private Limited (‘ETPL’) from its promoters, being related parties of the Company, at Rs. 10.68 Lakh as the consideration which is at arm’s length and thus, ETPL has become a wholly owned subsidiary of the Company. The Company has decided to evaluate future opportunities for strategic acquisition of assets / business undertakings directly and/ or through ETPL for expansion and diversification of its business through inorganic manner.

 

Scrip code : 539978

Name : Quess Corp Limited

Subject : Announcement under Regulation 30 (LODR)-Acquisition

Increase in Equity stake in Stellarslog Technovation Private Limited (owner of the digital gig platform – Taskmo) from 33.33% to 36.58%.

 

Scrip code : 542333

Name : RPSG VENTURES LIMITED S

ubject : Successful Bid For A New Indian Premier League Franchise Of Lucknow.

Successful Bid for a new Indian Premier League Franchise of Lucknow.

Daily Bulletin (26th October, 2021)

Daily Bulletin (26th October, 2021)

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20211026-50

 

Scrip code : 524598

Name : AksharChem (India) Ltd.

Subject : Board to consider Buy-back of equity shares

With reference to the letter dated October 21, 2021, AksharChem India Ltd has now informed BSE that at the meeting of the Board of Directors of the Company scheduled to be held on October 29, 2021, the Board will also consider a proposal for buy-back of equity shares of face value of Rs. 10/- each of the Company. Further, as intimated vide Company’s letter dated September 30, 2021, in terms of the Company’s Code of Conduct for Prohibition of Insider Trading, the trading window for dealing in securities/equity shares of the Company has been closed for all Designated Persons and their relatives till the 48 hours after the declaration of financial results for the quarter and half year ended September 30, 2021.

Scrip code : 513723

Name : HG INDUSTRIES LIMITED

Subject : Updates on Open Offer

DAM Capital Advisors Ltd (“Manager to the Offer”) has submitted to BSE a copy of Pre-Offer advertisement cum Corrigendum to the Detailed Public Statement in accordance with Regulation 18(7) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended from time to time, (“SEBI (SAST) Regulations”) with respect to the Open Offer to the Public Shareholders of HG Industries Ltd (“Target Company”).

Scrip code : 530139

Name : Kreon Finnancial Services Limited

Subject : Announcement under Regulation 30 (LODR)-Raising of Funds

In continuation to outcome of meeting of Board of Directors dated October 18, 2021 where they approve raising of fund through Rights Issue upto Rs. 25 Crore and in accordance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, notice is hereby given that a meeting of the Board of Directors of the Company will be held on Thursday, October 28, 2021 to inter alia consider, transact the following businesses: 1. To consider and approve the proposal for various other avenues for raising funds to meet capital requirements of the Company. Please take note of the same in your record and acknowledge the receipt of the same.

Scrip code : 539978

Name : Quess Corp Limited

Subject : Announcement under Regulation 30 (LODR)-Acquisition

Increase in Equity stake in Stellarslog Technovation Private Limited (owner of the digital gig platform – Taskmo) from 33.33% to 36.58%.

Scrip code : 542333

Name : RPSG VENTURES LIMITED

Subject : Successful Bid For A New Indian Premier League Franchise Of Lucknow.

Successful Bid for a new Indian Premier League Franchise of Lucknow.

 

 

Daily Bulletin (25th October, 2021)

Daily Bulletin (25th October, 2021)

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20211025-49

 

Scrip code: 524091

Name: Acrysil Ltd.

Subject: Announcement On Commencement Of Commercial Production Of Additional 140,000 Units Of Quartz Kitchen Sinks

In continuation to our press release dated June 28, 2021, we would like to inform that our capacity expansion of an additional 140,000 units at our Bhavnagar plant in Gujarat has been completed. The commercial production from an additional 140,000 units has commenced today i.e. October 25, 2021. The manufacturing capacity of Quartz Kitchen Sinks now increased from 700,000 units to 840,000 units per annum. This disclosure is pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Scrip code: 500645

Name: Deepak Fertilizers &Petrochemicals

Subject: Announcement under Regulation 30 (LODR)-Allotment

The Securities Issue Committee of the Board of Directors of the Company has, in its meeting held today, decided to issue and allot 1,24,39,029 Equity Shares at an issue price of ? 410 per Equity Share (including a premium of ? 400.00 per Equity Share), aggregating to ? 5,10,00,01,890.

Scrip code: 532734

Name: GODAWARI POWER AND ISPAT LTD.

Subject: Acquisition Of Shares Of Hira Ferro Alloys Limited (A Subsidiary Company)

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation 2015, we would like to inform you that pursuant to the decision of the Board of Directors of Godawari Power And Ispat Limited (GPIL) in its meeting held on 27.07.2021, the GPIL has subscribed to the Preferential Offer made by Hira Ferro Alloys Limited (HFAL) for the second trench of 9,00,000 equity shares at a price of Rs. 195/- per share. Subsequent to allotment of these 9,00,000 equity shares of HFAL, the GPIL’s holding in HFAL has been increased from 50.72% to 52.79% in the enhanced capital of HFAL wef 22nd October, 2021. Further information pursuant to the provisions of Regulation 30 of SEBI (LODR) Regulations relating to the said acquisition is given in Annexure A. (As per Letter attached).

Scrip code: 513723

Name: HG INDUSTRIES LIMITED

Subject: Announcement under Regulation 30 (LODR)-Open Offer – Updates

We are enclosing herewith the written reasoned recommendation provided by the Committee of Independent Directors (‘IDC’), at its meeting held on October 23, 2021, on the Open Offer by the Acquirer for acquisition of up to 11,62,602 fully paid-up equity shares of the Company having face value of INR 5 each, representing 25.09% of the Voting Share Capital of Company at a price of INR 41 per equity share from Public Shareholders of the Company (‘Open Offer’), pursuant to Regulation 26(7) of the SEBI (SAST) Regulations. The Recommendation of the IDC will be published in the same newspapers where the Detailed Public Statement (“DPS”) of the Open Offer was published. For complete details please refer the attachment.

Scrip code: 540526

Name: IRB InvIT Fund

Subject: Record Date For The Purpose Of 2Nd Distribution For FY 2021-22

Please note that the Board of Directors of the Investment Manager of IRB InvIT Fund (‘the Trust’) at its meeting held on Saturday, October 23, 2021 has Declared 2nd distribution of Rs. 2.20/- per Unit, for the financial year 2021-22. The distribution will be paid as Rs. 1.20/- per unit as Interest and Re. 1.00/- per unit as Return of Capital, subject to applicable taxes, if any. Please note that October 27, 2021 has been fixed as the Record Date for the purpose of Payment of this Distribution and it will be paid / dispatched to the eligible Unitholders on or before November 5, 2021.

Scrip code: 532940

Name: J. Kumar Infraprojects Limited

Subject: Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order

We are in receipt of Letter of Acceptance from M/s. City and Industrial Development Corporation of Maharashtra Limited for Design & Construction of connecting Road from Jalmarg, Sector-16, Kharghar to Sector-11 in CBD & balance link between Sector-15 CBD to Water Transport Terminal in Nerul, Navi Mumbai worth ? 2,05,49,47,000/- (Rupees Two Hundred and Five Crore, Forty Nine Lakhs Forty Seven Thousand only) in the name of M/s. J. Kumar – J.M. Mhatre (Joint Venture) where the share of M/s. J. Kumar Infraprojects is 50% (Fifty) which comes to around ? 1,02,74,73,500/- (Rupees One Hundred and Two Crore Seventy Four Lakhs Seventy Three Thousand and Five Hundred).

Scrip code: 542650

Name: Metropolis Healthcare Limited

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

With reference to the captioned subject and in continuation to our earlier intimation dated October 15, 2021 having reference no. MHL/Sec&Legal/2021-22/49 and pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, we wish to inform you that Metropolis Healthcare Limited (‘the Company’) has completed the acquisition of 100% stake of Dr. Ganesan’s Hitech Diagnostic Centre Private Limited (‘Hitech’) along with its subsidiary Centralab Healthcare Services Private Limited (‘Centralab’) on October 22, 2021 for a cash consideration of Rs.636 Crores (Six Hundred and Thirty-Six Crores Only) as per the terms and conditions of the Share Purchase Agreement including amendments thereof entered between the Company and the sellers.

Scrip code: 532539

Name: Minda Industries Ltd.

Subject: Announcement under Regulation 30 (LODR)-Acquisition

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“the SEBI LODR”), it is informed that the Investment Committee of the Board of the Company at its meeting held on 22 October, 2021 has approved the second tranche of Investment in equity shares of Strongsun Renewables Private Limited, the Special Purpose Vehicle (‘The SPV’) Company. The Committee approved the acquisition of 3,07,850 equity shares of the face value of Rs.10 (Rupees Ten) each at a premium of Rs.70 (Rupees Seventy) i.e. Rs.80 (Rupees Eighty) per share of Strongsun Renewables Private Limited (”the SPV”), aggregating to Rs. 2,46,28,000/- (Rupees Two Crores Forty Six Lacs Twenty Eight Thousand only). With the aforesaid acquisition of shares, the Company, Minda Industries Ltd. holds 28.10% stake of total paid-up share capital of the SPV. The aforesaid acquisition of the shares is for availing solar power for its manufacturing units situated at Maharashtra.

Scrip code: 539450

Name: S H Kelkar and Company Limited

Subject: Board to consider Buy back of Equity Shares

With reference to the earlier letter dated October 14, 2021 in respect of the meeting of the Board of Directors of the Company scheduled on October 29, 2021 to consider, approve and take on record the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2021 subject to a limited review by the Statutory Auditors. S H Kelkar and Company Ltd has now informed BSE that the Board would also be considering a proposal for buy back of fully paid up equity shares of the Company and other related matters at the said meeting.

Borosil Renewables Ltd
Houseware
FV – Rs 1; 52wks H/L – 509.7/84.35; TTQ – 1.59 Lacs; CMP – Rs 436 (As On October 25, 2021);                      

            Market Cap – Rs 5675 Crs

Consolidated Financials and Valuations for FY21 (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
13 615 61 508 90 47 7 62.3 9.3 61.83

Consolidated Financials and Valuations for H1FY22


Equity Capital

Net worth
 Debt
Total
Sales
PAT
BV
(Rs)

EPS (Rs)

P/E

P/BV

Promoter’s
Stake
13 690 72 308 74 53 5.7 5.9 8.2 61.74

 

  • During the year, the Company started work on installing this 3rd furnace (SG-3) with an installed capacity of up to 500 MT and the work on the Project is progressing as per schedule. The said project is likely to be commissioned by July 2022.
  • Borosil Renewables Ltd (BRL) has successfully completed fundraising of Rs 200 crore through a qualified institutions placement (issue). BRL allotted 1,58,04,030 shares of the face value of rs.1 each at Rs 126.55 per share. Post the QIP issue, the holding of promoter and promoter group was 61.92 %. The funds raised will be utilised by BRL to service its capital expenditure requirements for a brownfield expansion to more than double its solar glass production capacity — from 450 tonnes per day (TPD) to 950 TPD.
  • The year 2020-21 saw a major transition in the company with improved operational performance as a result of achieving a higher scale after the capacity expansion implemented in 2019-20. The Company had in 2019-20 added a second furnace with a capacity of 240 MT/day, which was commissioned in August 2019 and also rebuilt the first furnace with an enhanced capacity to 210 MT/day, which resumed operations in December 2019.
  • The Ministry of Finance , Govt of India has imposed Countervailing Duty on imports from Malaysia of “Textured Tempered Coated or Uncoated Glass”(of which the Company is the sole manufacturer in India). The duty will be effective after the issuance of final customs notification by Ministry of Finance.
  • There is a Anti Dumping duty of 9.71% on Malaysian Imports as the company imports glass and is not the price setter and they don’t intend to be the price setter in the coming years too as the capacity abroad is 40 times than their own capacity.
    https://www.bloombergquint.com/business/borosil-renewables-says-capacity-running-flat-out-margins-will-improve

Revenue :

Overview:
• BRL is engaged in the manufacturing of low iron solar glass for application in photovoltaic panels, solar thermal flat plate collectors and greenhouses and is the only solar glass manufacturer in India.
• The company commissioned its first solar glass manufacturing facility at Bharuch in Gujarat.
• It services India’s solar panel manufacturers while simultaneously exporting its products to Europe, Turkey and North America.
• BRL has developed a manufacturing process that does not require the use of Antimony (Sb) – an environmental toxin – in solar glass and also has developed a fully tempered solar glass in 2 mm thickness.
• The company services India’s solar panel manufacturers and exports its products to Europe, Turkey, and North America.

Mr. P. K. Kheruka is the MD & CEO of the company.
Mr. Sunil Kumar Roongta is the CFO of the company.

Share Price Trend:

Share Price Snapshot:

  • On 14 Sept, 2017 there was a stock split from Rs. 10 to Rs. 1
  • On 2 August, 2018 there was bonus issue of 3:1
  • On 6 March 2020 there was spin off

(The Borosil Group, which runs the flagship kitchen and dining ware business under the brand names of Borosil and Larah, is amalgamating its two listed group companies and three promoter-held companies. Amalgamation envisages merger of Gujarat Borosil, Vyline Glass Works and Fennel Investment & Finance into Borosil Glass Works and also demerger of consumer and scientific businesses of Borosil Glass Works into Borosil, the group said.
The merger is to simplify group structure by eliminating cross holdings and will give Borosil Glass Works shareholders direct proportional shareholding in the Gujarat Borosil business to reduce related party transactions to create more administrative efficiencies.
Under the merger, two shares of Gujarat Borosil will fetch one share each in Borosil Glass Works and Borosil.)

Major Holdings:
Infinity Holdings holds 4.55% (5926510 fully paid up) shares of the company.

 

Daily Bulletin (22nd October, 2021)

Daily Bulletin (22nd October, 2021)

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20211022-42

 

1.Scrip code : 531761

Name : APOLLO PIPES LIMITED

Subject : Corporate Action-Board recommends Bonus Issue

Apollo Pipes Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 22, 2021, inter alia, has considered and approved the following; – Recommendation of issue of bonus equity Shares in the proportion of 2 (Two) equity share of Rs. 10/- each for every 1 (One) Equity Shares of Rs. 10/- each held by the shareholders of the Company as on the record date, subject to the approval of members and other approvals, consents, permissions, conditions and sanctions, as may be necessary.

 

2.Scrip code : 502015

Name : ASI INDUSTRIES LIMITED

Subject : Announcement Under Regulation 30- Updating On Slump Sale Of Engineered Stone Division Further to our earlier announcement dated 27th July, 2021 regarding approval of slump sale of the Engineered Stone Division of the Company to Marudhar Rocks International Private (Buyer) Now as per the further discussion between the parties and approval of the board, at its meeting held today, i.e. 22nd October, 2021, the said division will be transferred to Marudhar Quartz Surfaces Private Limited, a subsidiary of the Marudhar Rocks International Private Limited, incorporated under Companies Act, 2013 and having registered office at Site No.338/45, 16th B Main, Jayanagar 4th T Block,, Bangalore, Bangalor and CIN Number U26990KA2021PTC151243.

 

3.Scrip code : 524370

Name : Bodal Chemicals Ltd

Subject : Board Meeting Intimation for Financial Results, Scheme Of Arrangement And Other Business Matters

BODAL CHEMICALS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/10/2021 ,inter alia, to consider and approve To consider and approve the Scheme of Arrangement, financial results for the period ended September 30, 2021 and other business matters.

 

4.Scrip code : 532960

Name : Dhani Services Limited

Subject : Third And Final Call Money Notice To The Holders Of Partly Paid-Up Equity Shares Of Dhani Services Limited (Formerly Indiabulls Ventures Limited) (‘The Company’) (‘ISIN’) IN9274G01034

In furtherance to the stock exchange intimation dated August 6, 2021, we wish to inform that the Third and Final Call Money Notice has been dispatched to all the holders of partly paid-up equity shares of the Company held as on the record date i.e. October 14, 2021, in relation to payment of Third and Final Call money of Rs. 108 per Rights Equity Shares, to be paid during the period from November 1, 2021 to November 30, 2021 (both days inclusive), at the designated branches of Yes Bank Limited as mentioned in the Third and Final Call money Notice. For reference, specimen copy of the Third and Final Call money Notice dispatched to the shareholders, with specific details, is attached.

 

5.Scrip code : 530139

Name : Kreon Finnancial Services Limited

Subject : Board Meeting Intimation for To Consider And Approve The Proposal For Various Other Avenues For Raising Funds To Meet Capital Requirements Of The Company.

KREON FINNANCIAL SERVICES LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/10/2021 ,inter alia, to consider and approve In continuation to outcome of meeting of Board of Directors dated October 18, 2021 where they approve raising of fund through Rights Issue upto Rs. 25 Crore and in accordance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, notice is hereby given that a meeting of the Board of Directors of the Company will be held on Thursday, October 28, 2021 to inter alia consider, transact the following businesses: 1. To consider and approve the proposal for various other avenues for raising funds to meet capital requirements of the Company. Please take note of the same in your record and acknowledge the receipt of the same.

 

6.Scrip code : 532531

Name : STRIDES PHARMA SCIENCE LIMITED

Subject : Strides Announces Completion Of Transaction To Acquire Manufacturing Facility In The US Along With Basket Of Andas From Endo International Plc

This has reference to our earlier Press Release of August 6, 2021 titled ‘Strides inks definitive agreement with Endo to acquire its manufacturing facility in the US along with basket of ANDAs’. With reference to above, we wish to inform you that the transaction has now achieved closure. This is for your information and records.

 

7.Scrip code : 517530

Name : Surana Telecom And Power Limited

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

With reference to above cited subject and reference, we would like to inform you as per the Regulation 30(7) of SEBI (LODR) Regulations, 2015 that the Company has acquired 10% of equity shares consisting of 1,00,000 equity shares at fair value of Rs.10/- each aggregating to an amount of Rs.10,00,000/- by way of purchase of equity shares from Mr. Advait Surana and the said transaction was completed on 20th October, 2021. ‘Surana Infotech Private Limited’ (SIPL) has acquired an IT property from HCL Infosystems Private Limited consisting of 15.81 Acres of land with built up area of 93,157 sq.ft. located at Hardware Park, Maheswaram Mandal, Hyderabad. SIPL is engaged in the business of providing IT/ ITES services, which will add value to the shareholders of the Company. We request you to kindly take the same on your record.

 

8.Scrip code : 960468

Name : Welspun Corp Limited

Subject : Welspun Corp Signs Mou With BP India Pvt. Ltd.

In line with Weispun Group’s ESG framework, Welspun Corp remains strongly committed to netzero carbon emissions with an aim of lowering its carbon footprint in core operations through renewable energy, cleaner transport, effective energy management, water circularity and sludge cycling bio-gas, under the company’s sustainability goals. In the same regard we wish to disclose that Welspun Corp has signed a MoU with BP India Pvt. Ltd. on 18th October, 2021. The scope of the MoU is to jointly explore carbon emission mitigation and reduction opportunities in Welspun Corp’s energy, logistics, mobility and waste management activities.

Daily Bulletin (19th October, 2021)

Daily Bulletin (19th October, 2021)

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20211019-41

 

Scrip code : 533022

Name : 20 Microns Limited

Subject : Disclosure W.R.T Incorporation Of Joint Venture Company

Further to the intimations dated 23th December, 2020 regarding entering into Joint Venture Agreement with Dorfner Holding GmbH & Co., a Joint Venture Company in the name of Dorfner-20 Microns Private Limited has been incorporated to carry on the business of selling and distributing the Colored Quartz related Products. The Company holds 45% of the paid-up share capital of said Company. We request you to kindly arrange to take the above on your records.

 

Scrip code : 719965

Name : BEML Ltd

Subject : Announcement under Regulation 30 (LODR)-Scheme of Arrangement

Receipt of Observation letter from NSE in relation to Scheme of Arrangement for Demerger between BEML Limited and BEML Land Assets Limited and their Respective Shareholders and Creditors.

 

Scrip code : 937633

Name : Edelweiss Financial Services Ltd.

Subject : Announcement under Regulation 30 (LODR)-Diversification / Disinvestment

This is in continuation to our letter dated July 2, 2021 regarding acquiring of stake in Edelweiss Gallagher Insurance Brokers Limited (EGIBL), a subsidiary of the Company, by Arthur J. Gallagher & Co. (“AJG’). On receipt of the necessary approvals, the Company, has in the first tranche, transferred 61% of the stake held by the Company in EGIBL to AJG on October 18, 2021. Consequently, AJG now owns 91% of EGIBL, as a result of which EGIBL has ceased to be the subsidiary of the Company.

 

Scrip code : 539725

Name : Gokul Agro Resources Ltd

Subject : Incorporation Of A Second Step-Down Subsidiary Company.

Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 / Intimation for Incorporation of a Second Step-down Subsidiary Company. This is to inform you that Maurigo Indo Holdings Pte Limited, a Step-Down Subsidiary of Gokul Agro Resources Limited, has incorporated a Wholly Owned Subsidiary Company viz. ‘PT. RIYA PALM LESTARI’ in Indonesia. Consequent to the said incorporation, PT. RIYA PALM LESTARI has become a Second Step Down Subsidiary of the Company. Detailed information in relation to the above, as required to be disclosed in terms of Regulation 30 read with Schedule III of the SEBI (LODR) Regulations, 2015 is annexed hereto as ANNEXURE 1. Kindly take the above information on record.

 

Scrip code : 526729

Name : Goldiam International Ltd.

Subject : Announcement under Regulation 30 (LODR)-Public Announcement-Buyback of Shares

Further to our intimations dated September 13, 2021 and October 13, 2021, informing the stock exchanges that the Board of Directors and shareholders of the Company, respectively, approved the proposal of the Company to buyback up to 3,80,000 fully paid-up equity shares of the Company of face value of Rs.10/- (Rupees Ten only) each at a price of Rs.1,200/- (Rupees One thousand two hundred only) per equity share on a proportionate basis through the tender offer process, under the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018 (the ‘Regulations’), please find attached the following: copies of Public Announcement dated October 14, 2021, published in Financial Express (English- all editions) & (Gujarati- Ahmedabad Edition), Jansatta (Hindi-all editions) and Lakshdeep (Marathi-Mumbai Edition) on October 18, 2021 pursuant to Regulation 7 of the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018.

 

Scrip code : 531726

Name : Panchsheel Organic Ltd.

Subject : Corporate Action-Board recommends Bonus Issue

The Board, at its meeting held today, recommended the issue of bonus shares in the ratio 1:1. The same is subject to receipt of shareholders approval and other necessary approvals, as may be required.

 

Scrip code : 538730

Name : PDS MULTINATIONAL FASHIONS LIMITED

Subject : Announcement under Regulation 30 (LODR)-Acquisition

PDS Multinational Fashions Limited has informed the Exchange about proposed acquisition of 5% Stake in Zen Industries B.V., by Subsidiary of the Company, Smart Notch Industrial Limited.

 

Scrip code : 503806

Name : SRF Ltd.,

Subject : Announcement under Regulation 30 (LODR)-Allotment

Further to our letters dated August 31, 2021 and September 28, 2021, we wish to inform that the Board of Directors of the Company, at its meeting held today, allotted 23,69,80,820 Equity Shares of Rs. 10/- each as fully-paid up Bonus Equity Shares, in the proportion of Four (4) Equity Share of Rs. 10/- each for every One (1) existing Equity Shares of Rs. 10/- each, to the eligible Members whose names appeared in the register of Members / list of beneficial owners as on October 14, 2021, i.e. record date fixed for this purpose. Consequently, the paid-up Equity Share Capital of the Company stands increased from Rs. 59,24,52,050 divided into 5,92,45,205 Equity Shares of Rs. 10/- each to Rs. 296,22,60,250 divided into 29,62,26,025 Equity Shares of Rs. 10/- each. You are requested to take the above on record.

Daily Bulletin (18th October, 2021)

Daily Bulletin (18th October, 2021)

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20211018-40

Scrip code : 539562

Name : AARNAV FASHIONS LIMITED

Subject : Announcement under Regulation 30 (LODR)-Scheme of Arrangement

In furtherance to our letter dated September 29, 2021, this is to inform that in accordance with direction of Hon’ble National Company Law Tribunal, Ahmedabad Bench dated September 27, 2021, a meeting of Equity Shareholders of the Company will be held on Wednesday, November 17, 2021 at 2.00 P.M. (IST) at Survey No. 302, Isanpur, Narol, Ahmedabad – 382 405, Gujarat, India to consider and if thought fit, to approve the Scheme of Arrangement. The copy of Notice along with explanatory statement is enclosed herewith. Due to size restriction, the copy of Notice of meeting is enclosed herewith. Further, the Notice along with all annexures is also available on the website of the Company at www.aarnavgroup.com. Kindly take this on your record and disseminate.

 

Scrip code : 720723

Name : BEML Ltd

Subject : Announcement under Regulation 30 (LODR)-Scheme of Arrangement

Receipt of Observation letter from NSE in relation to Scheme of Arrangement for Demerger between BEML Limited and BEML Land Assets Limited and their Respective Shareholders and Creditors.

 

Scrip code : 530427

Name : Choksi Imaging Ltd.

Subject : Announcement under Regulation 30 (LODR)-Public Announcement-Open Offer

The Company is in receipt of Copy of Corrigendum to the Detailed Public Statement pertaining to Open Offer being made by Mr. Samir Choksi and M/s. Choksi Asia Private Limited. A copy of Corrigendum to the Detailed Public Statement is enclosed for your reference and records.

 

Scrip code : 532960

Name : Dhani Services Limited

Subject : Board Meeting Intimation for Intimation Of Meeting Of The Board Of Directors As Per Regulation 29 Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015, To Consider Raising Of Funds

Dhani Services Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 20/10/2021 ,inter alia, to consider and approve Pursuant to Regulation 29(1)(d) and 29(2) of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (‘SEBI Listing Regulations’), this is to inform you that a meeting of the Board of Directors of the Company is scheduled to be held on Wednesday, October 20, 2021, inter alia, to consider and approve raising of funds, through issue of equity securities and/or any other convertible or exchangeable securities, by way of a preferential offer and pricing thereof, subject to the approval of the members of the Company, and other regulatory and/or statutory approvals, as applicable. (for detail refer attachment)

 

Scrip code : 532922

Name : Edelweiss Financial Services Ltd.

Subject : Announcement under Regulation 30 (LODR)-Diversification / Disinvestment

This is in continuation to our letter dated July 2, 2021 regarding acquiring of stake in Edelweiss Gallagher Insurance Brokers Limited (EGIBL), a subsidiary of the Company, by Arthur J. Gallagher & Co. (“AJG’). On receipt of the necessary approvals, the Company, has in the first tranche, transferred 61% of the stake held by the Company in EGIBL to AJG on October 18, 2021. Consequently, AJG now owns 91% of EGIBL, as a result of which EGIBL has ceased to be the subsidiary of the Company.

 

Scrip code : 526729

Name : Goldiam International Ltd.

Subject : Buyback Offer

Keynote Financial Services Ltd (“Manager to the Buyback Offer”) has submitted to BSE a copy of Public Announcement for the attention of the Equity Shareholders/Beneficial Owners of Equity Shares of Goldiam International Ltd (“Target Company”) for Buyback of Equity shares through tender offer under the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018, as amended.

 

Scrip code : 531449

Name : GRM Overseas Ltd.

Subject : Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’) For Appointment Of Mr. Sanjeev Dar As Chief Operating Officer (COO)- Consumer Staple Business Of GRM Foodkraft Pvt. Ltd, A Subsidiary Of GRM Overseas Ltd. Pursuant to the provisions of Regulation 30 read with Schedule III of the Listing Regulations, please be informed that Mr. Sanjeev Dar has been appointed as Chief Operating Officer (COO)- Consumer Staple Business of GRM Foodkraft Pvt. Ltd, a subsidiary of GRM Overseas Ltd, w.e.f. 18th October, 2021. He will be looking after the Sales & Marketing, Business Development, commercial & go-to-market strategies and Supply chainof the Subsidiary.

 

Scrip code : 500183

Name : HFCL LIMITED

Subject : Approval Of Application Under The Production Linked Incentive (PLI) Scheme To Promote Telecom And Networkingproducts Manufacturing In India, Filed By HFCL Technologies Private Limited, A Wholly-Owned Subsidiary Of HFCL Limited (“Company”)

We would like to inform all our stakeholders that in order to take the benefits of the Performance Linked Incentive Scheme for Telecom and Networking Products, notified by the Ministry of Communications (Department of Telecommunications), Government of India, the Company”s wholly owned subsidiary namely HFCL Technologies Private Limited had made an application with Small Industries Development Bank of India (SIDBI), Project Management Agency (PMA) and Competent Authority appointed under the PLI Scheme. We are pleased to inform all our stakeholders that SIDBI vide its letter no. PLI/PLI/GSCV /OUT/11964/ND3 dated October 14, 2021 has conveyed approval of the above mentioned application made by HFCL Technologies Private Limited, for availing the benefits of the PLI Scheme, under Non-MSME (Domestic) category. HFCL Technologies Private Limited is one of the 31 entities which has been granted approval under PLI Scheme for manufacturing of Telecom and Networking Products in India.

 

Scrip code : 536868

Name : Integra Telecommunication & Software Limited

Subject : Intimation Of Sale Of Shares By Micro Logistics (India) Private Limited

Dear Sir / Madam, Pursuant to provision of Regulation 30 of Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulation, 2015. Please note that Micro Logistics (India) Private Limited, Promoter Entity, has informed the Company that it has sold 10,53,833 equity shares of the Company in open market between October 11, 2021 to October 14, 2021 in multiple lots. The requisite disclosure under SEBI (Prohibition of Insider Trading) Regulations, 2015 and SEBI (Substantial Acquisition of Shares and Takeovers) Regulation, 2011 has been separately filed with the Stock Exchange. Kindly take the same on your records.

 

Scrip code : 531726

Name : Panchsheel Organic Ltd.

Subject : Boards recommends Bonus issue

Panchsheel Organics Ltd has informed BSE that the Board of Directors of the Company at its meeting held on Oct 16, 2021, inter alia has approved the following: – Recommendation of issuance of fully paid Bonus Shares in the ratio of 1:1 i.e. 1 fully paid up share for every 1 fully paid up equity shares held, subject to approval of the members and other necessary approvals as may be necessary.

 

Scrip code : 517506

Name : TTK Prestige Ltd.

Subject : Board to consider Sub-Division of Equity Shares

In addition to the earlier letter dated September 20, 2021 to consider Un-audited Financial Results for the quarter and half year ended September 30, 2021, TTK Prestige Ltd has now informed BSE that an additional agenda item is to be included in the notice of the meeting of the Board of Directors of the Company scheduled to be held on October 27, 2021 as under: – To consider matters related to sub-division/split of Equity Shares of face value of Rs.10/- each of the Company in such manner as the Board may determine including matters related/ incidental thereto and any other matter as the Board of Directors may decide during the course of the meeting. As informed earlier vide the Company’s communication dated September 20, 2021, the Trading Window for dealing in the Company’s securities, as required under the Code of SEBI (Prohibition of Insider Trading) Regulation, 2015 was closed from October 01, 2021 till October 29, 2021.

Daily Bulletin (7th October, 2021)

Daily Bulletin (7th October, 2021)

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20211007-38

 

Scrip code : 936466

Name : IIFL FINANCE LIMITED

Subject : EARLY CLOSURE -PUBLIC ISSUE BY IIFL FINANCE LIMITED OF SECURED, REDEEMABLE, NON-CONVERTIBLE DEBENTURES (‘NCDS’) OF THE FACE VALUE OF ? 1,000 EACH FOR AN AMOUNT OF ? 1,000 MILLION (‘BASE ISSUE SIZE’) WITH AN OPTION TO RETAIN OVERSUBSCRIPTION UP TO ? 9,000 MILLION AGGREGATING TO ? 10,000 MILLION (‘TRANCHE II ISSUE LIMIT’) (‘TRANCHE II ISSUE’) WHICH IS WITHIN THE SHELF LIMIT OF ? 50,000 MILLION BY WAY OF THE TRANCHE II PROSPECTUS DATED SEPTEMBER 22, 2021, WHICH SHALL BE READ TOGETHER WITH THE SHELF

With reference to our earlier intimation dated September 22, 2021 and the captioned Tranche II Issue in respect of which the Company, in terms of SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021, had filed the Tranche II Prospectus dated September 22, 2021 with the Registrar of Companies, Mumbai, BSE Limited, National Stock Exchange of India Limited and Securities and Exchange Board of India. The Tranche II Issue opened on September 27, 2021 and was scheduled to close on October 18, 2021, with an option for early closure or extension by such period as may be decided by the Board of Directors of the Company or the Finance Committee thereof. Accordingly, the Finance Committee at its meeting held on October 05, 2021 has decided to exercise the option of early closure and to close the Tranche II Issue on October 08, 2021. On the Tranche II Issue Closing Date, Application Forms will be accepted only between 10:00 a.m. to 3:00 p.m. and uploaded until 5:00 p.m.

 

 

Scrip code : 532154

Name : JOHNSON PHARMACARE LIMITED

Subject : Board to consider Sub-Division of Equity Shares

Johnson Pharmacare Ltd has informed BSE that the meeting of Board of Directors of the Company will be held on October 14, 2021, inter alia, to transact following businesses: 1. To approve Sub-Division of Face Value of Equity Shares of Rs. 10/- into Rs. 1/- per Equity Share. 2. To change the Clause V – Authorised Capital of Memorandum of Articles according. 3. To approve notice of General Meeting to seek approval for the above mentioned items as recommended by Board.

 

Scrip code : 542323

Name : K.P.I. Global Infrastructure Limited

Subject : Intimation Of Having Signed PPA For Sale Of 1.25 MW Solar Power Under IPP Segment KPI Global Infrastructure Limited has informed BSE that it has signed new long term Power Purchase Agreement (PPA) with M/s GHCL Limited, Bhilad for sale of 1.25 MW solar power for a period of 20 years under Independent Power Producer (IPP) business vertical. Disclosure is attached herewith.

 

Scrip code : 542760

Name : Sterling and Wilson Solar Limited

Subject : Board Meeting Intimation for Fund Raising

Sterling And Wilson Solar Ltd has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/10/2021 ,inter alia, to consider and approve Pursuant to Regulation 29(1)(d) of the SEBI Listing Regulations, please note that a meeting of the Board of Directors of Sterling and Wilson Solar Limited (the ‘Company’) is scheduled to be held on Sunday, October 10, 2021, inter alia, to consider and evaluate proposals for raising funds by way of issue of bonds/ debentures/ non-convertible debt instruments/ securities and/or any other instruments/ equity shares/ any other securities including through preferential issue on a private placement basis, qualified institutions placement, rights issue or any other methods or combination thereof including determination of issue price as may be permitted under applicable laws, subject to such regulatory/ statutory approvals as may be required and the approval of the Shareholders of the Company.

 

Scrip code : 533655

Name : Triveni Turbine Limited

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

In continuation of our earlier disclosure dated 6th Sept., 2021, this is to inform you that in terms of the settlement agreement dated 6th Sept., 2021, the Unregistered Arbitration Petition filed by the Company against NUOVO PIGNONE S.P.A and its affiliates bearing Diary Nos 5763/2021 before the Registrar. Supreme Court of India has been allowed to be withdrawn. A copy of the order of Registrar dated 1.10.2021 ( issued on 6.10.2021) is attached.

 

Daily Bulletin (6th October, 2021)

Daily Bulletin (6th October, 2021)

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20211006-46

 

Scrip code : 532977

Name : Bajaj Auto Limited

Subject : Update On Incorporation Of A Wholly Owned Subsidiary Company

This is further to our intimation dated 22 July 2021 pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated 9 September 2015, relating to incorporation of a wholly owned subsidiary of the Company. Further to the above intimation, a wholly owned subsidiary company in the name of “CHETAK TECHNOLOGY LIMITED” has been incorporated on 04 October 2021 under CIN – U34105PN2021PLC204858.

 

Scrip code : 540061

Name : Bigbloc Construction Limited

Subject : Corporate Action-Intimation of Sub division / Stock Split

This is to inform you that, at the 6th Annual General Meeting held on Monday, 27/09/2021, the Members have approved sub-division of 1 (One) Equity Share of the Company having a face value of Rs. 10/- each sub-divided into 5 (Five) Equity Shares having a face value of Rs. 2/- each. Pursuant to Regulation 42(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company has fixed Tuesday, i.e. 16th November, 2021 as the Record Date, to ascertain the name of shareholders entitled for sub-division of 1 (One) Equity Share of the Company having a face value of Rs. 10/- each sub-divided into 5 (Five) Equity Shares having a face value of Rs. 2/- each.

 

Scrip code : 533278

Name : Coal India Limited

Subject : In-Principle Approval To Pre Feasibility Report For Setting Up Of Integrated Greenfield Aluminium Project

CIL in its Board Meeting held on date had accorded its in-principle approval to Pre Feasibility Report for setting up of Integrated Greenfield Aluminium Project in Odisha which shall include Bauxite Mining, Alumina Refinery, Aluminium Smelter and associated Captive Power Plant by its wholly owned subsidiary Mahanadi Coalfields Limited (MCL). This is in terms of Regulation 30 of Listing Regulations 2015. This is for your information and records please.

 

Scrip code : 511760

Name : Seven Hill Industries Limited

Subject : Update In Intimation Of Record Date For Stock Split/Sub-Division Of Shares.

Further to our letter dated 18th September, 2021 informing your esteemed Exchange about a proposal being submitted to the shareholders at their 31st Annual General Meeting (AGM) to be held on 18th September, 2021 seeking their approval for the split of the 1,30,03,200 equity shares of Rs.10/- each into 13,00,32,000 equity shares of Rs.1/each, we wish to inform you that the shareholders have approved the proposal and the company has fixed 18th October, 2021 as the Record Date for the said split of the shares.

 

Scrip code : 512359

Name : Sword-Edge Commercials Limited

Subject : Update In Intimation Of Record Date For Stock Split/Sub-Division Of Shares.
Further to our letter dated 18th September, 2021 informing your esteemed Exchange about a proposal being submitted to the shareholders at their 36th Annual General Meeting (AGM) to be held on 18th September, 2021 seeking their approval for the split of the 1,08,60,000 (equity shares of Rs.10/- each into 10,86,00,000 equity shares of Rs.1/each, we wish to inform you that the shareholders have approved the proposal and the company has fixed 18th October, 2021 as the Record Date for the said split of the shares.

 

Scrip code : 533655

Name : Triveni Turbine Limited

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

In continuation of our earlier disclosure dated 6th Sept., 2021, this is to inform you that in terms of the settlement agreement dated 6th Sept., 2021, the company petition bearing CP No.102/BB/2019 filed by the Company under the relevant provisions of the Companies Act, 2013 against General Electric Company and others in respect of GE Triveni Limited before the National Company Law Tribunal, Bengaluru (‘NCLT’) has been disposed of as withdrawn. A copy of the NCLT’s order dated 17th Sept., 2021 (issued on 5th October, 2021) is attached.

 

Daily Bulletin (5th October, 2021)

Daily Bulletin (5th October, 2021)

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20211005-39

 

Scrip code : 541450

Name : Adani Green Energy Limited

Subject : Announcement under Regulation 30 (LODR)-Press Release / Media Release (Revised)

Adani Green Energy closes India’s largest renewables M&A deal for USD 3.5 Billion; a 46% increase in operational capacity.

 

Scrip code : 524804

Name : Aurobindo Pharma Ltd.

Subject : Clarification On News Item Captioned ‘Drug Makers Glenmark, Aurobindo Pharma Recall Products In US Market’ Ref : BSE e-mail dated October 4, 2021.

We refer to your email / letter dated October 4, 2021, seeking clarification on the captioned media report. We hereby confirm on the matter which involved recall of 2,820 bottles of Metoprolol tartrate tablets in the US market, and the recall was done at the pharmacy level. As the matter was not material in nature, the same did not warrant disclosure to the Stock Exchanges, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

 

Scrip code : 532630

Name : Gokaldas Exports Ltd

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

  • We wish to inform you that pursuant to the approval accorded by the board of directors of the Company (the ‘Board’), at its meeting held on August 24, 2021, and the special resolution passed by the members of the Company on September 17, 2021, the Fund Raise Committee of the Board has, at its meeting held today i.e. October 4, 2021, inter alia, passed resolutions for the following: a. Authorised and declared the opening of the Issue today, i.e., October 4, 2021; b. Approved and adopted the preliminary placement document dated October 4, 2021 and the application form in connection with the Issue; c. Approved the floor price for the Issue as prescribed under SEBI ICDR Regulations For full details please refer attached document.

 

Scrip code : 541956

Name : IRCON International Ltd

Subject : IRCON With Its JV Partner Emerges As Lowest Bidder For Construction Of Viaduct Involving Ahmedabad And Sabarmati Stations.

Ircon International Limited (IRCON) with its JV partner has emerged as the lowest bidder valuing RS.3429 Crore in the tender floated by National High Speed Rail Corporation Limited (NHSRCL) for the design and construction of 18.133 km of viaduct involving Ahmedabad Station and Sabarmati Station and associated works for the project for construction of Mumbai-Ahmedabad High Speed Rail. The completion period of the project is approx. 4.5 years.

 

Scrip code : 533148

Name : JSW Energy Limited

Subject : JSW Energy Signs 591 MW Wind Turbine Procurement Contract With Senvion India

JSW Energy has signed a contract with Senvion India, a leading manufacturer of wind turbines, for procurement of 591 MW of onshore wind turbines for the Company’s under-construction pipeline of renewable energy projects. A Press Release issued by the Company in this regard is attached.

 

Scrip code : 511766

Name : Muthoot Capital Services Ltd.

Subject : Announcement under Regulation 30 (LODR)-Raising of Funds

Muthoot Capital Services Limited completed transaction of Rs. 121.09 crores through securitization of portfolio.

 

Scrip code : 533179

Name : Persistent Systems Limited

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

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the ‘Regulations’) and further to our above referred intimation, we wish to inform you that the necessary customary closing conditions with respect to acquisition of Software Corporation International (‘Software Corporation’) and its affiliate Fusion360 LLC (‘Fusion360′) USA, have been met on October 5, 2021. Consequently, Software Corporation and Fusion 360, have become Wholly Owned Subsidiary Companies of Persistent Systems Inc., USA, a wholly owned subsidiary of Persistent Systems Limited, with effect from October 5, 2021. We hereby confirm that the acquisition(s) as mentioned in above referred intimation has now been completed.

 

Scrip code : 532527

Name : ramkrishna forgings Ltd.

Subject : Announcement under Regulation 30 (LODR)-Press Release / Media Release

Please find enclosed herewith our Press Release titled “Wins an order worth INR 50 Crores per annum for supply of Tractor & Farm Equipments from International Tractors Ltd’

 

Scrip code : 513262

Name : Steel Strips & Wheels Ltd

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

We wish to inform you that, at the 35th Annual General Meeting (AGM) of the Company held on 30.09.2021, the Shareholders of the Company have interalia approved the following: 1. Sub-division of equity shares of the Company from the existing 1 (one) equity share of face value of Rs.10/- each into 2 (Two) equity shares of face value of Rs. 5/- each. The Record Date for the purpose of sub-division of equity shares shall be intimated in due course. (Annexure A) 2. Alteration of Capital Clause of Memorandum of Association of the Company to effect the sub-division of equity shares of the Company. (Annexure B) A copy of the altered MOA has been placed on the Company”s website and can be accessed at https://sswlindia.com/. 3. Adoption of new set of Articles of Association of the Company containing regulations in conformity with the Companies Act, 2013.

 

Scrip code : 521113

Name : Suditi Industries Ltd.

Subject : Investment In Shares Of Subsidiary Company I.E. Suditi Sports Apparel Limited.

With reference to above mentioned subject and in continuation to our letter dated 29.09.2021, we hereby inform you that the Company have invested Rs. 1,16,00,000 in 11,60,000 Equity Shares of Rs. 10 each of Suditi Sports Apparel Limited @ of issue price of Rs. 10 each pursuant to Right offer letter. Further, Suditi Sports Apparel Limited on October 04, 2021 has allotted 11,60,000 Equity Shares of Rs. 10 each shares to the Company. Further, the post allotment shares by Suditi Sports Apparel Limited the shareholding of the Company in its Subsidiary company (Suditi Sports Apparel Limited) reduce by 20% i.e. from 80% to 60%. This is for your information and records.