Daily Bulletin (23rd November, 2021)

Daily Bulletin (23rd November, 2021)



Scrip code : 542580

Name : Aartech Solonics Limited

Subject : Board Meeting Outcome for Allotment Of Bonus Shares To The Existing Shareholders Of The Company

The Board of Directors of the company in its meeting held on November 23, 2021 have allotted 3530031 equity shares of Rs. 10/- each as fully paid Bonus Shares to the existing shareholders of the Company as on record date November 19, 2021 in the ratio of 1:2 [i.e., 1 (One) fully paid-up equity shares for every 2 (Two) equity shares held].


Scrip code : 959615

Name : AAVAS Financiers Limited

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

Pursuant to the provisions of Regulation 30 of the SEBI LODR Regulations, we wish to inform you that the Executive Committee of the Board of Directors of the Company at their Meeting held today i.e. November 20, 2021 has pursuant to the authority entrusted by the Board of Directors and within the limits as approved by the Members of the Company vide Special Resolution passed at the 11th Annual General Meeting held on August 10, 2021 inter-alia approved the issuance of rated, listed, senior, secured, redeemable, Non-Convertible Debentures (‘NCDs’) having a face value of INR 10,00,000 (Indian Rupees Ten lakh) each, aggregating up to an amount of INR 99 crore (Indian Rupees Ninety nine crore) on a Private Placement basis, in accordance with the provisions of Section 42 and 71 of the Companies Act, 2013, Securities and Exchange Board of India (Issue and Listing of Non- Convertible Securities) Regulations, 2021 and other applicable SEBI Regulations.


Scrip code : 540936

Name : Gautam Gems Limited

Subject : Intimation Regarding Receipt Of Order Of Rs.50 Million
Dear Sir/ Madam, Pursuant to the provisions of Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, We are glad to inform you that the company has received order from US and UK based Companies for manufacturing of polished diamonds amounted to Rs. 50 million. This is for your information and record and for dissemination on your website. Thanking You


Scrip code : 500183


Subject : Complete Release Of Pledge Over Shareholding Of Promoters Of HFCL Limited (“HFCL”)

We are pleased to inform all our stakeholders that an aggregate of 6,03,87,187 equity shares, being 100% of the total pledged shares out of the Promoters” shareholding in the paid up equity shares capital of HFCL, have been released, which were pledged in favour of various lenders, as a collateral security for the credit facilities availed by HFCL. No equity share held by any of the Promoters in HFCL is pledged as on date of this announcement. In this context, relevant disclosures in the prescribed formats have already been made to the Stock Exchanges, today itself, by the Promoters, in terms of the provisions of Regulation 29(2) and 31(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. A gist of the present shareholding of the Promoters and Pledge thereon, if any, as on the date of reporting, is mentioned in the attached letter for the information of the stakeholders.


Scrip code : 542830

Name : Indian Railway Catering & Tourism Corporation Ltd

Subject : Mobile Catering Contracts Kept In Abeyance By IRCTC

In compliance with the Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is herby informed that Ministry of Railways vide its letter No. 2019/Catering/600/04 dated 19th November 2021, has withdrawn its decision to terminate all existing contracts of mobile catering (currently kept in abeyance) involving scope of work of providing cooked food to passengers prepared from base kitchens as per the existing terms and conditions, communicated vide Ministry’s letter No. 2019/Catering/600/04 dated 23rd February 2021 and informed to the exchanges vide IRCTC’s letter No. 2019/IRCTC/CS/ST.EX/356 dated 1st March 2021 and 17th March 2021. Copy of the Ministry of Railways’ letter is enclosed. This is for your information and records.


Scrip code : 530711

Name : Jagan Lamps Ltd.

Subject : Intimation Regarding Capacity Expansion By The Company

India has emerged as a Global hub for Auto Components sourcing and the Industry Exports around 25% of its production annually. At JAGAN LAMPS, we are continuously focusing on meeting customer demands by providing them with new models and new variants. We continue to focus on our core strength of innovation and expansion to offer value added, high quality products to our customers across the globe. Jagan Lamps Limited (‘The Company’) is currently exporting around 30% of its production annually to around 40 Countries globally and has strong order book for the next 2-3 years. The Company is at the fag end of the capex cycle. It is running at ~ 85-90% capacity utilization. Hence as per favorable overall market conditions, The Company has planned for capacity expansion by the end of Financial Year 2021-22. The company is expected to operate at ~65-70% capacity utilization, which will give the Company bandwidth to grow business for another 2-3 years at minimal capex.