Daily Bulletin (29th March, 2022)
Scrip code : 533573
Name : ALEMBIC PHARMACEUTICALS LIMITED
Subject : Announcement under Regulation 30 (LODR)-Scheme of Arrangement
The Board of Directors of the Company at its adjourned meeting held on 29th March, 2022, on recommendation of the Audit Committee has also considered and approved the Scheme of Arrangement in the nature of Amalgamation of Aleor Dermaceuticals Limited (‘Transferor Company’) with Alembic Pharmaceuticals Limited (‘Transferee Company’) and their respective shareholders under Sections 230 to 232 of the Companies Act, 2013 and rules framed thereunder (‘Scheme’).
Scrip code : 511605
Name : Arihant Capital Markets Ltd.
Subject : Intimation Of The Record Date Fixed For The Purpose Of Sub-Division/Split Of Face Value Of Equity Shares Of The Company From Face Value Of Rs.5/- To Face Value Of Rs. 1/- Per Share
Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and relevant provisions of the Companies Act, 2013 and rules made thereunder, Notice is hereby given that the Company has fixed ‘Record Date’ on Friday, April 15, 2022 for subdivision/split of face value of the equity shares of the Company from face value of Rs. 5/- per share to face value of Rs. 1/- per share.
Scrip code : 533271
Name : Ashoka Buildcon Limited
Subject : Lowest Bidder For NHAI Project
Pursuant to the provisions of Regulation 30 of the SEBI LODR 2015, Ashoka Buildcon Limited (‘the Company’) informs that the Company had submitted its bid to National Highways Authority of India (‘NHAI’) for the Project viz. ‘Development of 6 lane Access Controlled Greenfield highway from KM 162.500 to KM 203.100, Baswantpur to Singondi Section of NH 150 C (Package 4 of Akkalkot KNT of TS Border) on Hybrid Annuity Mode (HAM) under Bharatmala Pariyojana’ (Project). The Company emerged as ‘the Lowest Bidder’ at the Financial Bid opening meeting held on March 29, 2022 at New Delhi. The quoted Bid Project Cost for the Project is Rs.1,079 Crore. The Construction period is 912 days from the appointed date.
Scrip code : 532454
Name : Bharti Airtel Ltd.
Subject : Update
Further to our intimations dated February 25, 2022 and March 25, 2022, we wish to submit that the Company, alongwith its wholly-owned subsidiary, Nettle Infrastructure Investments Limited, has acquired has acquired 127,105,179 equity shares (~ 4.7%) of Indus Towers Limited @ Rs 187.88 per share from Euro Pacific Securities Ltd., an affiliate of Vodafone Group Plc. Kindly take the same on record.
Scrip code : 960017
Name : Dilip Buildcon Limited
Subject : Intimation Regarding Formation Of A Newly Incorporated SPV Company
In continuation to our announcement dated March 01, 2022, and in accordance with the provisions of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are pleased to inform you that the Company has incorporated ‘RAIPUR-VISAKHAPATNAM-CG-2 HIGHWAYS LIMITED’ a new SPV Company as a wholly owned subsidiary of Dilip Buildcon Limited. 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 : 500116
Name : IDBI Bank Ltd
Subject : Announcement under Regulation 30 (LODR)-Diversification / Disinvestment
It is hereby informed that the Board of Directors of IDBI Bank Ltd., at its meeting held on Tuesday, March 29, 2022, granted in-principle approval for divestment of Bank”s stake upto 11.10% of paid up share capital of National Securities Depository Ltd. (NSDL) through market driven process in compliance of SEBI DP Regulation 2018. You are requested to kindly take the above intimation on record in terms of Regulation 30 of the SEBI (LODR) Regulations, 2015.
Scrip code : 719064
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 : 500312
Name : Oil And Natural Gas Corporation Ltd
Subject : Notice of Offer for Sale of Shares by Promoter & Floor Price
The President of India, acting through and represented by the Ministry of Petroleum and Natural Gas, Government of India, is the promoter of Oil and Natural Gas Corporation Limited (the “Promoter”). The Promoter (the “Seller”) proposes to sell up to 94,352,094 Equity Shares of the Company, (representing 0.75% of the total paid up equity share capital of the Company) (“Base Offer Size”), on March 30, 2022, (“T day”) (for non-Retail Investors only) and on March 31, 2022 (“T+1 day”) (for Retail Investors and for non-Retail Investors who choose to carry forward their un-allotted bids) with an option to additionally sell 94,352,094 Equity Shares (representing 0.75% of the total issued and paid up equity share capital of the Company) (the “Oversubscription Option”) through a separate, designated window of the BSE Limited (the “BSE”) and the National Stock Exchange of India Limited (“NSE”, and together with the BSE, the “Stock Exchanges”), collectively representing 1.50% of the total issued and paid up equity share capital of the Company (held in dematerialized form in one or more demat accounts with the relevant depository participant), in accordance with the OFS Guidelines (such offer for sale hereinafter referred to as the “Offer”). In the event that the Oversubscription Option is exercised, the Equity Shares forming part of the Base Offer Size and the Oversubscription Option will collectively, hereinafter be referred to as “Offer Shares” while in the event that such Oversubscription Option is not exercised, the Equity Shares forming part of the Base Offer Size will be referred to as “Offer Shares”. Dates and time of the opening and closing of the Offer The Offer shall take place on a separate window of the Stock Exchanges on March 30, 2022 (“T” day) and March 31, 2022 (“T+1” day), from 9:15 a.m. to 3:30 p.m. (Indian Standard Time) on both days, as per details given below. For non-Retail Investors (defined below) Only non-Retail Investors shall be allowed to place their bids on T day, i.e., March 30, 2022. While placing their bids, non-Retail Investors may indicate their willingness to carry forward their un-allocated bids to T+1 day for allocation to them in the unsubscribed portion of Retail Category (defined below). The Offer shall take place during trading hours on a separate window of the Stock Exchanges on T day, i.e., March 30, 2022 commencing at 9:15 a.m. and shall close at 3:30 p.m. Indian Standard Time on the same date. Those non-Retail Investors who have placed their bids on T day and have chosen to carry forward their bids to T+1 day, shall be allowed to carry forward and also revise their bids on T+1 day as per the OFS Guidelines. For Retail Investors (defined below) and for non-Retail Investors who choose to carry forward their un-allotted bids to T+1 Day The Offer shall continue to take place during trading hours on a separate window of the Stock Exchanges on T+1 day, i.e., March 31, 2022 commencing at 9:15 a.m. and shall close on the same date at 3:30 p.m. Indian Standard Time on the same date. Only Retail Investors (defined below) shall be allowed to place their bids on T+1 day, i.e., March 31, 2022. Further, those non-Retail Investors who have placed their bids on T day and have chosen to carry forward their unallotted bids to T+1 day, shall be allowed to revise their bids on T+1 day as per the OFS Guidelines. – Floor Price: The floor price for the Offer shall be Rs. 159 (Rupees One Hundred Fifty Nine) per Equity Share (“Floor Price”). The Stock Exchanges are required to ensure that the Floor Price is immediately informed to the market.