Daily Bulletin (2nd August, 2022)

Daily Bulletin (2nd August, 2022)



Scrip code : 948046

Name : BEML Ltd

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

Order of Ministry of Corporate Affairs (MCA) sanctioning the Scheme of Arrangement for Demerger between M/s BEML Limited (Demerged Company) and M/s BEML Land Assets Limited (Resulting Company) – Reg.


Scrip code : 543212

Name : Borosil Limited

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

Update on the Composite Scheme of Arrangement amongst the Company and Klass Pack Limited and Borosil Technologies Limited and their respective shareholders and creditors (‘Composite Scheme’).


Scrip code : 538734


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

Completion of 100% Acquisition of equity shares of Allygrow Technologies Private Limited.


Scrip code : 543267

Name : Davangere Sugar Company Limited

Subject : Updates on Rights Issue

Saffron Capital Advisors Pvt Ltd (“Lead Manager to the Issue”) has submitted to BSE a copy of Basis of Allotment Advertisement dated July 29, 2022 publised on July 30, 2022 for the Rights Issue of Equity Shares of Davangere Sugar Company Ltd (the “Company”).


Scrip code : 500180

Name : HDFC Bank Ltd.

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

HDFC Bank Limited has informed the Exchange regarding Proposed composite scheme of amalgamation for the amalgamation of: (i) HDFC Investments Limited and HDFC Holdings Limited, wholly-owned subsidiaries of Housing Development Finance Corporation Limited, with and into HDFC Limited and (ii) HDFC Limited with and into HDFC Bank Limited.


Scrip code : 520066

Name : Jay Bharat Maruti Ltd.,

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

In addition to our earlier letter today, we wish to inform you that the Board of Directors of the Company in its meeting held today had considered the Proposal for issuance of securities for an amount not exceeding Rs. 150 Crores. The Board has approved the proposal for issuance of securities in terms of Section 42, 62 & 71 of the Companies Act, 2013 for an amount not exceeding Rs. 150 Crores (Rupees One Hundred Fifty Crores) subject to the approval of shareholders in the ensuing Annual General Meeting of the Company. The brief details as required under regulation 30 is attached as Annexure-I. You are requested to please take the same in your record.


Scrip code : 500680

Name : Pfizer Ltd.,

Subject : Update On Sale Of Pfizer Limited’S Upjohn Business To Mylan Pharmaceuticals Private Limited. The Company had vide its letter dated October 1, 2021, informed you that it had entered into a business transfer agreement (‘BTA’) with Mylan Pharmaceuticals Private Limited to transfer certain primarily off-patent branded and generic established medicines business (‘Upjohn Business’) as a going concern to Mylan for a consideration of INR 180.48 crore. Further, the completion of the said transaction was subject to fulfilment of certain conditions as set out in the BTA. In that regard, please note that Mylan has received the requisite regulatory approvals and both the parties have completed the conditions precedents set out in the BTA. Accordingly, the Company has received the purchase consideration of INR 180.48 Crore from Mylan and the Company has transferred its Upjohn Business comprising of six brands which included Lyrica, Viagra, Celebrex, Amlogard, Daxid and Dilantin along with related business assets and liabilities to Mylan, effective August 1, 2022.


Scrip code : 540203

Name : Sheela Foam Limited

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

Pursuant to Regulation 30, read with Schedule III, of the SEBI Listing Regulations, we wish to inform you that the Board of Directors of the Company (‘Board’) at its meeting held on 2™ August 2022, has inter alia, approved the Scheme of Amalgamation of the wholly owned subsidiaries of the Company, i.e., Sleepwell Enterprises Private Limited (‘SEPL’ or ‘Transferor Company 1’) and International Comfort Technologies Private Limited (‘ICTPL’ or ‘Transferor Company 2’) with Sheela Foam Limited (‘SFL’ or ‘Transferee Company’) and their respective Shareholders and Creditors under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 (‘Scheme’). The Scheme is subject to necessary statutory and regulatory approvals including the approvals of National Company Law Tribunal, Bench at Delhi (‘NCLT’).


Scrip code : 532348

Name : Subex Ltd Subject : Announcement under Regulation 30 (LODR)-Press Release / Media Release Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that Jio Platforms Limited (JPL), a leading Indian Technology Company (subsidiary of RIL [NSE: RELIANCE]), today announced a partnership with Subex for its AI Orchestration Platform, HyperSense, which can enable telcos to deliver on the promise of AI across the data value chain. As per the collaboration, JPL will offer its Cloud Native 5G Core to telcos globally along with Subex’s HyperSense for enabling closed loop network automation, product performance and customer experience analytics. Please find enclosed the Press Release which the Company intends to make.