Notifications, Scrip Scan

Daily Notification as on 23rd June,2020

Scrip Sanctuaries for protection from the wildlife in this jungle of Indian Equities

Daily Notification as on 23rd June,2020

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20200623-38

1. Scrip code : 521070
Name : Alok Industries Ltd.
Subject : Clarification
With reference to significant movement in price, in order to ensure that investors have latest relevant information about the company and to inform the market so that the interest of the investors is safeguarded, Alok Industries Ltd has Clarified to BSE as under : “We are in receipt of your trailing email communication and have to reply as under: 1. We are just emerging out of a corporate insolvency resolution process under the provisions of the Insolvency and Bankruptcy Code, 2016 (Code) and have kept your Exchange fully apprised of the developments in this regard; 2. The process of implementation of the resolution plan approved by the appropriate authority under the terms of the Code is underway and we have kept your Exchange informed about the salient features of the approved resolution plan as also the steps taken by the resolution applicants for implementation; 3. We have kept your Exchange informed about the lockdown of our plants due to the COVID-19 pandemic as also their re-starting post receipt of appropriate guidelines / advisories; 4. We have thus, to the best of our knowledge and belief, intimated to your Exchange all the events, information etc. that have a bearing on the operations / performance of the company which includes price sensitive information, etc. 5. The increase in the volume of our security in the recent past appears to be based on market speculation and we have no other comment to offer on this development. ”

2. Scrip code : 500038
Name : Balrampur Chini Mills Ltd.
Subject : Corporate Action-Buy back
In terms of the Regulation 42 of the Listing Regulations and Regulation 9(1) of the Buyback Regulations, the Board has fixed Friday, 3rd July, 2020 as the Record Date for determining the entitlement and the names of the Eligible Shareholders / Beneficial Owners to whom the letter of offer will be sent and who will be eligible to participate in the Buyback.

3. Scrip code : 500620
Name : Great Eastern Shipping Co. Ltd.
Subject : Incorporation Of Wholly Owned Subsidiary – Great Eastern Services Limited
Further to our letter dated May 30, 2020, we wish to inform you that the Company has incorporated a wholly owned subsidiary named ‘Great Eastern Services Limited’ in Mumbai on June 23, 2020.

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