Daily Bulletin (30th August, 2022)

Daily Bulletin (30th August, 2022)

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20220830-57

 

Scrip code : 500087

Name : Cipla Ltd.,

Subject : Announcement under Regulation 30 (LODR)-Acquisition

Cipla Limited hereby notify the Exchange that Cipla (EU) Limited, (“Cipla EU”), wholly owned subsidiary of the Company in UK has agreed to acquire an additional 13.10% stake in Cipla (Jiangsu) Pharmaceutical Co. Ltd., a subsidiary of Cipla EU in China.

 

Scrip code : 500410

Name : ACC Ltd

Subject : Updates on Open Offer

ICICI Securities Ltd & Deutsche Equities India Pvt Ltd (“Managers to the Offer”) has informed BSE regarding Disclosure of the number of Equity Shares tendered in connection with the open offer to the Public Shareholders of ACC Ltd (“Open Offer”).

 

Scrip code : 501314

Name : PRISMX GLOBAL VENTURES LIMITED

Subject : Announcement under Regulation 30 (LODR)-Acquisition

Approved the Acquisition up to 25,75,740 equity shares of Prime Flix Private Limited (“PFPL”) for a total purchase consideration of Rs. 20,86,34,940/- (Rupees Twenty Crores Eighty Six Lakhs Thirty Four Thousand Nine Hundred Forty Only) at a price of Rs. 81/- (Rupees Eighty One Only) per equity share by issuance and allotment of up to 3,47,72,490 fully paid-up equity shares of the Company having face value of Re. 1/- (Rupee One Only) each at a price of Rs. 6/- (Rupees Six Only) per equity share (including a premium of Rs. 5/- per share) determined in accordance with Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 (“SEBI ICDR Regulations”), for a consideration other than cash (share swap) (for discharge of entire purchase consideration) to the shareholders of PFPL. Pursuant to this acquisition PFPL will become the wholly owned subsidiary of Prismx Global Ventures Limited.

 

Scrip code : 521113

Name : Suditi Industries Ltd.

Subject : Board Meeting Outcome for Rights Issue Offer

The Board meeting held today ie.30.08.2022 have considered and taken the following decisions in connection to the Right Issue thereof: a) Issue Price: Rs. 30 per Equity Share b) Rights entitlement ratio: 5 equity shares for every 9 equity shares held as on the record date. c) Number of Rights Equity Shares to be issued: Up to 97,52,290 Rights Equity Shares, for an amount aggregating up to Rs. 29,25,68,700 (assuming full subscription and payment). d) Issue period: 1. Issue Opening Date: Thursday, September 15, 2022; and 2. Issue Closing Date: Wednesday, September 21, 2022. e) Record date: Tuesday, September 6, 2022. f) Approved Letter of Offer & Abridged Letter of Offer. The meeting commenced at 3.30 P.M and concluded at 4.15 P.M.

 

Scrip code : 532720

Name : Mahindra & Mahindra Financial Services Limited

Subject : Announcement under Regulation 30 (LODR)-Allotment

Pursuant to the provisions of Regulation 30(2) read together with Para A(4) of Part A of Schedule III of the SEBI Listing Regulations, we hereby inform you that a meeting of the Committee of Directors, as authorized by the Board of Directors of the Company, was held today, i.e. on Tuesday, 30th August 2022 from 11:30 a.m to 11:45 a.m., wherein the Committee has approved the allotment of 7,500 Secured Redeemable Non-Convertible Debentures at a Fixed Coupon of 7.90% p.a. (‘NCDs’) of the face value of Rs. 10,00,000 each, aggregating to Rs. 750 Crores, through private placement.

 

Scrip code : 533553

Name : TD Power Systems Ltd

Subject : Corporate Action-Outcome of Sub division / Stock Split

Sub-division of existing One (1) Equity Share having face value of Rs.10/- each into Five (5) Equity Shares having face value of Rs.2/- each, subject to the approval of shareholders of the Company and regulators/statutory approvals as may be required. The Record date will be decided post ensuing Annual General Meeting and intimated to the stock exchanges.

 

Scrip code : 542830

Name : Indian Railway Catering & Tourism Corporation Ltd

Subject : Clarification / Confirmation On News Item Appearing In “CNBC TV18”

We are in receipt of your e-mail dated 29th August, 2022 seeking clarification regarding recent news item which appeared in the ‘Channels-CNBC TV18’ dated August 29, 2022 captioned ‘Govt said to have dropped IRCTC OFS, suggest media reports; stock down 4%’. In this regard, we would like to submit that the Company is not aware of any such information. Also, being a Government Company, such decisions are taken by the Government of India. It is further submitted that the ‘news article’ has been published without any inputs of IRCTC’s authorized representative of IRCTC. Kindly take the same on record please.

 

Scrip code : 720922

Name : Mahindra & Mahindra Ltd.

Subject : Announcement under Regulation 30 (LODR)-Acquisition

Incorporation of a new step-down Subsidiary Company With reference to the captioned subject, we would like to inform you that Resurgence Solarize Urja Private Limited (‘Resurgence’) has been incorporated in Mumbai, Maharashtra with effect from 29th August, 2022 as a subsidiary of Mahindra Solarize Private Limited (‘Solarize’), which is a wholly owned subsidiary of Mahindra Telecom Energy Management Services Private Limited, which in turn is a wholly owned subsidiary of the Company. Solarize holds 74% in Resurgence and the balance 26% is held directly by the Company in Resurgence. Thus, Resurgence being a subsidiary of Solarize, is also a step-down subsidiary of the Company.