Daily Bulletin (21st September, 2022)
https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20220921-71
Scrip code : 500270
Name : Baroda Rayon Corpn. Ltd.,
Subject : Updates on Open Offer
Capital Square Advisors Pvt Ltd (“Manager to the Offer”) has submitted to BSE a copy of Recommendations of the Committee of Independent Directors (“IDC”) on the Open Offer to the Equity Public Shareholders of Baroda Rayon Corporation Ltd (“Target Company”).
Scrip code : 519552
Name : Heritage Foods Limited
Subject : Board Meeting Intimation for Consider And Approve The Rights Issue
Heritage Foods Limitedhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/09/2022 ,inter alia, to consider and approve for raising of funds by way of issue of Equity Shares on a Rights Issue basis.
Scrip code : 539097
Name : HKG LIMITED
Subject : Announcement under Regulation 30 (LODR)-Open Offer – Updates
Recommendations of the Committee of Independent Directors under Regulation 26(7) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Scrip code : 522245
Name : Iykot Hitech Toolroom Ltd
Subject : Updates on Open Offer
Kunvarji Finstock Pvt. Ltd (“Manager to the Offer”) has submitted to BSE a copy of Identified date for the proposed open offer of equity shares of Iykot Hitech Toolroom Ltd (“Target Company”).
Scrip code : 540048
Name : S.P. Apparels Limited
Subject : Corporate Action-Intimation of Buy back
We inform you that the Board of Directors of S.P. Apparels Limited (‘Company’) at their meeting held today viz. September 21, 2022 have approved the proposal to buy back up to 6,00,000 fully paid up equity shares having a face value of ? 10 (Rupees Ten Only) each (‘Equity Shares’ or ‘Shares’) representing up to 2.34% of the total number of equity shares in the paid-up equity share capital of the Company, at a price of ? 585/- (Rupees Five Hundred and Eighty Five Only) per Equity Share (‘Buyback Price’) payable in cash for a maximum amount not exceeding ? 35,10,00,000/-(Rupees Thirty Five Crore and Ten Lakh Only) (‘Buyback Size’), representing 5.68% and 5.62% of the aggregate of the fully paid-up equity share capital and free reserves of the Company,as per the latest audited standalone and consolidated financial statements of the Company for the financial year ended March 31, 2022 respectively and is within the 10% limit of paid-up share capital and free reserves.
