Daily Bulletin (8th March, 2022)

Daily Bulletin (8th March, 2022)


Scrip code : 532921

Name : Adani Ports and Special Economic Zone Ltd

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

APSEZ & IOCL to build on relationship at Mundra Port – IOCL to construct nine new crude oil tanks.


Scrip code : 532989 Name : Bafna Pharmaceuticals Limited

Subject : Proposed Sale Of Equity Shares Of Bafna Pharmaceuticals Limited By SRJR Life Sciences LLP, Through Open Market Sale For Achieving Minimum Public Shareholding.
In accordance with the requirements of Rule 19(2)(b) and 19A(5) of the Securities Contract (Regulation) Rule, 1957 and Regulation 38 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, read with Para 2(a) and Para (3) of the SEBI circular No. SEBl/HO/CFD/ CMD/CIR/P/43/2018 dated February 22, 2018 (“Circular”) in connection with manner of achieving minimum public shareholding, we wish to inform the following details with respect to the intention of SRJR Life Sciences LLP (“Seller””), member of our Promoter Group, for sale of equity shares (“Equity Shares”) of Bafna Pharmaceuticals Limited (the “Company”) held by it, as per the following details.


Scrip code : 500493

Name : Bharat Forge Ltd

Subject : Announcement under Regulation 30 (LODR)-Acquisition

Incorporation of a step-down subsidiary.


Scrip code : 543225

Name : Data Infrastructure Trust

Subject : Intimation For Allotment Of Units

Pursuant To The Preferential Issue Pursuant to applicable provisions of the Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014, as amended from time to time read with circulars and guidelines issued thereunder (‘SEBI InvIT Regulations’), we hereby inform you that the Data InvIT Committee of the Board of Directors of Brookfield India Infrastructure Manager Private Limited, acting in the capacity of Investment Manager to Data Infrastructure Trust (‘Trust’), on March 8, 2022 considered and approved allotment of 52,800,000 Units at an Issue price of Rs. 110.46 per unit to Westwood Business Consultancy LLP (‘Allottee’) as a part of the sale consideration for the transfer of the Allottee’s shareholding in Space Teleinfra Private Limited to the Trust.


Scrip code : 531508

Name : Eveready Industries India Ltd.

Subject : Updates on Open Offer

JM Financial Ltd (“Manager to the Offer”) has submitted to BSE a copy of Detailed Public Statement under Regulations 3(1) and 4 read with Regulations 13(4), 14(3), 15(2), 15(3) and other applicable regulations of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended, to the Public Shareholders of Eveready Industries India Ltd (“Target Company”).


Scrip code : 533296

Name : Future Market Networks Limited

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

In furtherance to our letter dated February 28, 2022, the Hon’ble NCLT had on February 28, 2022, in terms of the Hon’ble Supreme Court judgment dated February 15, 2022, passed an order allowing the Company to conduct the meetings of its Shareholders and Creditors seeking their approval for the Composite Scheme of Arrangement between the Company, other Future Group Companies and Reliance entities (Scheme) (said Order). Vide the said Order, the Hon’ble NCLT had also dismissed Amazon’s Application No. 357 of 2021 for the reasons mentioned in said Order. The link for written copy of said Order is provided in attached letter. As per the aforesaid Order, the meetings of shareholders & creditors of Co. is as under: Meeting of Equity Shareholders-April 20, 2022 Meeting of Secured and Unsecured Creditors -April 21, 2022 This may be treated as disclosure under applicable provisions of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.


Scrip code : 542851

Name : Gensol Engineering Limited

Subject : Gensol Gets A Sanction Of INR 267.79 Crores (Indian Rupees Two Hundred Sixty-Seven Crores And Seventy Nine Lakhs Only) From India’S Leading Financial Institution To Expand Into New Business Vertical Of Electric Vehicles (‘EV Business’)

Pursuant to the Regulation 30 of the SEBI (LODR) Regulations, 2015, we wish to inform that one of India’s leading Financial Institution has sanctioned a loan of INR 267.79 Crores to the Company for expanding its new business vertical of Electric Vehicles (‘EV business’) Pertinently, the Company wishes to inform its shareholders that Gensol has been strongly aligned with India’s unflagging commitment to walk down the path of carbon neutrality and has been expanding its fleet of EV cars, which, as on February 2022, our company is having consists of 284 Electronic Vehicles (EV Cars) such environment-friendly cars that are plying in the Delhi NCR region. With these proceeds, the company plans to augment its current fleet with another 3000 EV cars by the end of year 2022. Importantly, these EV cars not only contribute to reducing air pollution, but also help avoid emissions of climate change-causing Greenhouse Gases (GHG) like CO2.


Scrip code : 505800

Name : Rane Holdings Ltd.

Subject : Announcement under Regulation 30 (LODR)-Acquisition

This is to inform you that, pursuant to preferential issue of warrants made by Rane Engine Valve Limited (REVL), in terms of Chapter V of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, the Company has on March 08, 2022 acquired 5,15,463 warrants of face value Rs.10/- each on payment of Rs. 3.75 Crores (approx.) being the warrant subscription price (i.e., 25% of issue price). The warrants are convertible in one or more tranches into 5,15,463 Equity shares of face value of Rs.10/- each fully paid up, at the issue price of Rs.291.00/- per equity share (i.e. at a premium of Rs.281.00 per equity share) at any time on or before the expiry of 18 (eighteen) months from the date of allotment of the said warrants. Assuming, conversion of the entire warrants into equity shares, the overall shareholding of the company in REVL shall stand increased to 41,98,517 Equity shares (58.04%).