Daily Bulletin (17th January, 2022)
Scrip code : 500052
Name : Bhansali Engineering Polymers Ltd.,
Subject : Update On Brown Field ABS Expansion Project
The Brown Field ABS Expansion Project at Company”s existing plants at Abu Road (Rajasthan) & Satnoor (Madhya Pradesh) for enhancing overall ABS production capacity to 200,000 TPA is moving at slow pace on account of the ongoing Covid-19 pandemic and International Travel restrictions. The Company anticipates the current situation to improve in the next few months. Even if the existing situation improves by end on March 2022, the Company shall be in a position to implement the project by December, 2024.
Scrip code : 532368
Name : BRIGHTCOM GROUP LIMITED
Subject : Rationale For Recommending The Issuance Of The Bonus Shares For The Consideration Of The Board.
At Brightcom group, our singular focus has been on rewarding our small investors. These investors, now numbering over two lakhs, have been extremely patient, very loyal to the Brightcom vision, through thick and thin. We, at Brightcom Group, firmly believe that it is time to reward lakhs of our supporters by issuing bonus shares. Brightcom has an extremely comfortable reserve position of Rs. 3655 crores on a capital of Rs. 208 crores. This aspect gives us adequate room to capitalise reserves and distribute part of those reserves as a bonus share issue. Furthermore, as the Brightcom share has multiplied several times in the past 12 months, it has now reached levels that may be beyond the reach of many small investors. Issuing bonus shares will make it more affordable for new, incoming members of our shareholder list.
Scrip code : 960018
Name : Dilip Buildcon Limited
Subject : Issue Of Completion Certificate For The Project ‘Four Laning Of Yavatmal To Wardha (Package-III) In The State Of Maharashtra Under NHDP Phase IV On Hybrid Annuity Mode’
In continuation to our announcement dated August 05, 2019 and in accordance with the provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are pleased to inform you that the project ‘Four laning of Yavatmal to Wardha (Package-III) section of NH-361 from Km 400.575 to Km 465.500 (design length 64.925 Km) under NHDP Phase -IV on Hybrid Annuity mode in the state of Maharashtra.’ has been completed. The Completion Certificate has been issued by the authority on January 11, 2022 and has declared the project fit for entry into commercial operation as on January 06, 2022. 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 is already closed from the end of quarter till 48 hours after the declaration of financial results of the Company for the quarter ended December 31, 2021.
Scrip code : 500187
Name : HSIL Limited
Subject : Announcement under Regulation 30 (LODR)-Meeting Updates
In terms of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the ‘Listing Regulations’), read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 (‘September 9, 2015, Circular’), we hereby inform the stock exchanges that the Board of the Company has, at its meeting held today, approved the transfer of its business of manufacturing, on contract basis, of sanitaryware, faucets and plastic pipes (PVC and CPVC) and fittings (‘BPD Undertaking’), to Brilloca Limited (‘Brilloca’), on a slump sale basis, for a lump sum consideration of INR 630.00 crore (Rupees Six Hundred and Thirty crore only), subject to customary closing date adjustments. The details required under Regulation 30 of the Listing Regulations read with the September 9, 2015 Circular is enclosed as ‘Annexure A’. Also enclosed is a press note that is being released for this transaction.
Scrip code : 542323
Name : K.P.I. Global Infrastructure Limited
Subject : Intimation Of Having Signed PPA For Sale Of 3.10 MW (AC) / 4.12 MW (DC) Solar Power Under IPP
KPI Global Infrastructure Limited has informed BSE that it has signed new long term Power Purchase Agreement (PPA) for sale of 3.10 MW (AC) / 4.12 MW (DC) solar power with below mentioned clients under Independent Power Producer (IPP) Segment of the Company. Disclosure is attached herewith.
Scrip code : 541418
Name : NAKODA GROUP OF INDUSTRIES LIMITED
Subject : Fund Raising Through Right Issue
Pursuant to the Regulation 30 and other applicable regulations of SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015 we wish to inform you that the Board of Directors of the company in their meeting held today 15th January, 2022 have considered and approved fund raising through Right Issue. For the purpose of giving effect to the Right issue, the detailed terms in relation to the Right issue, including but not limiting to the issue price, issue size, rights entitlement ratio, record date, timing and terms of payment will be determined in due course.
Scrip code : 530815
Name : Refnol Resins & Chemicals Ltd.
Subject : Announcement under Regulation 30 (LODR)-Scheme of Arrangement
As per the query raised by BSE Limited on 03rd January 2022, valuation report is required to be prepared based on the financial statements not being older than 3 months from current date. In order to comply with the above requirement of BSE Limited, the revised valuation report has been obtained by the Company to determine the revised swap ratio based on the Financials Statements as on 31st December 2021 (being not more than 3 months old). Accordingly, the swap ratio in the draft Scheme for Amalgamation has been amended based on the said valuation report. Based on the recommendations of the Audit Committee and the Committee of Independent Directors, the Board has considered and approved a Revised Scheme of Amalgamation (the ‘Scheme’) under Section 230 to 232 and other applicable provisions of the Companies Act, 2013 and the rules framed thereunder (‘the Act’).
Scrip code : 505790
Name : Schaeffler India Limited
Subject : Corporate Action-Intimation of Sub division / Stock Split
Pursuant to Regulation 42 of the SEBI Listing Regulations, the Board has fixed Wednesday, i.e., 9th February 2022 as the Record Date, to ascertain the name of shareholders entitled for Sub-division/split of one (1) equity share of face value of Rs.10/- each into five (5) equity shares of face value of Rs.2/- each. This is for your information and records.
Scrip code : 526981
Name : SHRI BAJRANG ALLIANCE LIMITED
Subject : Coverage Update: SMB Story :- How Rs 2,500 Cr Goel Group Ventured Into The Frozen Food Vertical Amidst The Pandemic.
Pursuant to Regulation 30 of the Securities Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015 (‘the said regulation’), we would like to share that SMB Story has covered How Rs 2,500 Cr Goel Group ventured into the frozen food vertical amidst the pandemic.