Daily Bulletin (28th March, 2022)

Daily Bulletin (28th March, 2022)

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20220328-58

Scrip code : 524804

Name : Aurobindo Pharma Ltd.

Subject : Announcement under Regulation 30 (LODR)-Acquisition

This is to inform you that the Board of Directors of the Company at its meeting held today i.e. March 28, 2022 has approved the acquisition of business and certain assets of Veritaz Healthcare Limited (Veritaz). Veritaz operates in pharmaceutical industry in India and sells branded generic formulations and other health care related products. Accordingly, the Company has entered into a definitive agreement under which the Company will acquire business and certain assets from Veritaz. The disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Part A of Schedule III of the aforesaid regulations, is attached as ‘Annexure A’ along with a copy of press release being issued in this regard.

 

Scrip code : 532454

Name : Bharti Airtel Ltd.

Subject : Announcement under Regulation 30 (LODR)-Acquisition

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that Nxtra Data Limited, a subsidiary of the Company has entered into an Agreement for acquisition of 11.334% equity stake in Avaada KNShorapur Private Limited, a special purpose vehicle formed for the purpose of owning and operating the Captive Power Plant, in terms of the regulatory requirement for captive power consumption under electricity laws. The details, as required to be disclosed under the aforesaid Regulation 30 read with SEBI Circular dated September 09, 2015, are also enclosed herewith as ‘Annexure A’. Kindly take the above information on record.

 

Scrip code : 532457

Name : Gulshan Polyols Ltd.

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

Pursuant to Regulation 30(7) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the certified true copy of order has been issued and granted by the Hon’ble National Company Law Tribunal, Allahabad Bench, Prayagraj (‘NCLT’) in the matter of captioned scheme which was received by the Company on March 25, 2022. A certified true copy of the order is enclosed herewith for your reference and the same shall be filed with ‘The Registrar of Companies, Uttar Pradesh, Kanpur’ within stipulated time from which date, the said order will stand effective (the said effective date of order of NCLT will be duly intimated vide a separate intimation) and post that related steps shall be taken in due course as directed under the said order.

 

Scrip code : 513039

Name : Hindusthan Udyog Ltd

Subject : Board Meeting Intimation for Allotment Of Equity Shares

Pursuant To Scheme Of Amalgamation HINDUSTHAN UDYOG LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 31/03/2022 ,inter alia, to consider and approve allotment of equity shares pursuant to the Scheme of Amalgamation.

 

Scrip code : 500850

Name : Indian Hotels Co. Ltd

Subject : Qualified Institutions Placement Of Equity Shares Of Face Value Rs. 1 Each
Please note that the QIP Committee 2021-22 of the board of directors of the Company (“Committee”) has, at its meeting held today i.e. March 26, 2022, approved the allotment of 9,90,09,900 Equity Shares of face value Rs. 1 each to eligible qualified institutional buyers at the issue price of Rs. 202 per Equity Share (including a premium of Rs. 201 per Equity Share) and reflects a discount of Rs. 1.48 (i.e. 0.73 %) on the floor price of~ 203.48 per Equity Share, aggregating to Rs. 19,99,99,99,800 (Rupees One Thousand Nine Hundred and Ninety Nine Crore Ninety Nine Lakhs Ninety Nine Thousand Eight Hundred only), pursuant to the Issue in accordance with provisions of SEBI ICDR Regulations.

 

Scrip code : 543271

Name : Jubilant Ingrevia Limited

Subject : Announcement under Regulation 30 (LODR)-Investor Presentation

Pursuant to the provisions of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that the management of the Company shall be participating in ‘Axis Capital India Chemicals Conference 2022’ Virtual Investor Conference on Tuesday, March 29, 2022. We enclose names of the Investors/Analysts participating in the same. The schedule may undergo change due to exigencies on the part of Investors/ Analysts/Company. We also enclose the presentation to be used during the e-conference. This is for your information and record.

 

Scrip code : 513250

Name : Jyoti Structures Ltd.,

Subject : Intimation On New Project

This is to inform you that Jyoti Structures Limited has secured a contract from Adani Transmission Limited for turnkey design, supply and construction of 765 KV Double Circuit transmission line from Khavda to Bhuj in Gujarat. The contract valued at Rs. 382 Crores including GST is to be executed in about 17 months by 31st August, 2023.

 

Scrip code : 506919

Name : Makers Laboratories Ltd.

Subject : Fixation Of Record Date For The Rights Issue.

The Committee of the Board of Directors of the Company at their meeting held today have fixed Friday, 1st April, 2022 as the ‘Record Date’ for determining the entitlement of the members in the rights equity issue of 9,83,396 equity shares of the face value of Rs.10/- each at a price of Rs. 150/- per share, including a premium of Rs. 140/- per share, in the ratio of 1 equity share of Rs. 10/- each for every 5 equity shares of Rs. 10/- each held as on the record date.

 

Scrip code : 720057

Name : Manappuram Finance Limited

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

Outcome of Board Meeting held on 26th March 2022 pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 (‘LODR’) Pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligation and Disclosure Requirements) 2015 the Board of Directors of Manappuram Finance Limited at its meeting held on today has considered and approved fund raising program of the Company for FY 2022-23, which interalia includes issuance of Redeemable Non-Convertible Debentures upto the overall limit of Rs. 7,800 Crores by way of private placement or/and Public issue in one or more tranches as may be decided by the Board of Directors or its committee thereof from time to time. Details as required under Regulation 30 of Listing Regulations read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015 is set out in Annexure A is enclosed herewith. We request you to take the same on record. Thanking You.

 

Scrip code : 532892

Name : Motilal Oswal Financial Services Limited

Subject : Receipt Of Final Order Issued By Hon’Ble National Company Law Tribunal In Respect Of Scheme Of Arrangement

We are pleased to inform you that the Company has received today i.e., March 25, 2022 the Order of the Hon’ble National Company Law Tribunal, Mumbai Bench (‘Hon’ble NCLT’) dated March 11, 2022 sanctioning the Scheme. An uncertified copy of the said Order is made available on the Hon’ble NCLT website. The Order of the Hon’ble NCLT as uploaded on their website is attached for your record. The Scheme will become effective once the Order of the Hon’ble NCLT is filed by the respective companies with the Registrar of Companies, Mumbai. Kindly take the aforesaid on record.

 

Scrip code : 957798

Name : Reliance Power Limited

Subject : Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations), we wish to inform that an application under Section 7 of the Insolvency and Bankruptcy Code, 2016, has been filed against the Company and its subsidiary Reliance Natural Resources Limited (RNRL) by Piramal Capital and Housing Finance Limited in relation to financial claim of Rs. 526.10 Cr due from RNRL. No notice in relation to the above has yet been issued by NCLT. This disclosure is being made as an abundant caution. The Company is engaged in bilateral discussions to resolve the matter outside IBC and taking requisite steps.

 

Scrip code : 531307

Name : RRIL LIMITED

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

With reference to the captioned subject and in terms of the provisions of SEBI (LODR) Regulations, 2015, we wish to inform you that; i) the Company has filed with the Registrar of Companies certified copy of Order of Hon’ble NCLT, Mumbai Bench dated 24th February, 2022 received on 16th March, 2022 approving/ sanctioning the Scheme of Merger by Absorption of KRKumar Industries Limited (‘the Transferor Company’) by RRIL Limited (‘the Transferee Company’ / ‘the Company’) and 25th March, 2022 is the Effective Date; ii) accordingly, with the Merger of KRKumar Industries Limited with the Company, the Raj Rajendra Industries Limited become Wholly Owned Subsidiary (WOS) of the Company in the manner explained in the attachment;

 

Scrip code : 516072

Name : Vishnu Chemicals Limited

Subject : Intimation On Completion Of Expansion Project At Subsidiary Company

Pursuant to Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are pleased to inform you that our wholly owned subsidiary Vishnu Barium Private Limited (VBPL) has completed the brownfield expansion of its state-of-the-art plant at Srikalahasti. This expansion increases the capacity by 50% from current 40,000 MTPA in the subsidiary company.

 

Scrip code : 500365

Name : WELSPUN SPECIALTY SOLUTIONS LIMITED

Subject : Disclosure Pursuant To Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015.

We are pleased to inform that pursuant to an arbitral award passed in favour of the Company and recently upheld by the Hon”ble Supreme Court of India, the Company has received Rs.15.97 Crores (gross amount) from one of its customer, a public sector undertaking. The aforesaid payment by the customer is with regard to certain disputes that arose out of a contract for supply of seamless pipes by the Company.