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Daily Bulletin (24th January, 2022)

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Daily Bulletin (24th January, 2022)

 

Daily Bulletin (24th January, 2022)

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20220124-59

Scrip code : 506074

Name : Arshiya Limited

Subject : Company Updates On Approved Scheme Of Demerger

The Demerger of Arshiya Limited has been a keenly awaited step in the long-planned restructuring of the Group. The resulting demerger will split the group into two mirror listed entities: The asset light, high margin, high growth potential Free Trade Warehousing Zone (FTWZ) business housed under Arshiya Limited (including Arshiya Northern FTWZ Limited /Khurja FTWZ) which accounts for over 90% of EBITDA; The other a lower growth, higher capital employed business housed under Arshiya Rail Infrastructure Limited (the resulting entity) which accounts for less than 10% of EBITDA.The debt will be split near equally between the two listed entities. With growth funding for warehouse construction readily available through the partnership with CapitaLand, and proceeds of ongoing sale and leaseback of constructed warehouses used to repay outstanding debts, Arshiya Limited will move to an envisaged debt free status in a few years.

 

Scrip code : 540923

Name : Ashoka Metcast Limited

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

Disclosure of Acquisition of Shares under Regulation 30(6) as specified in sub-Para 1(ii) (a) of Para A of Part A of Schedule III of SEBI (Listing Obligation and Disclosure Requirement) Regulation, 2015: The Company has been allotted 400000 Equity Shares of Rhetan TMT Limited (Formerly known as Rhetan Rolling Mills Private Limited) on 22nd January, 2022, upon conversion of loan into equity shares. Details Attached.

 

Scrip code : 514394

Name : Atlas Jewellery India Limited

Subject : Announcement Under Regulation 30-Suspension Of Business

AJIL has informed to BSE that Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, that there is temporary suspension of business of the company as the company is under the process of investigation by the Directorate of Enforcement.

 

Scrip code : 948046

Name : BEML Ltd

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

We wish to inform that the MCA vide its Order dated 13.01.2022, issued directions to the Company for convening the meetings of Equity Shareholders, Secured and Unsecured Creditors for approving the Scheme of Arrangement between M/s BEML Limited and M/s BLAL for transfer of Identified Surplus / Non-core assets as part of Strategic Disinvestment of BEML Limited initiated by Government of India and also nominated Shri Amit Banerjee, Chairman and Managing Director of the Company as Chairman for the said three meetings. In compliance with the directions given in the aforesaid order, the Board in its 383 meeting held Today i.e. 21.01.2022 approved the draft Notice of the meetings of Shareholders, Secured and Unsecured Creditors and authorized Shri Amit Banerjee, Chairman & Managing Director of the Company to comply with the directives and circulate the notice of meetings to Shareholders, Secured and Unsecured Creditors along with requisite enclosures.

 

Scrip code : 500086

Name : Exide Industries Ltd.,

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

This is to inform you that ‘Exide Industries Limited’ (‘EIL’) has invested Rs. 19,99,99,989/- by way of subscription to the equity share capital of its subsidiary, ‘Exide Leclanche Energy Private Limited’ (hereinafter referred as ‘JVC’) and as a result of which, its total equity shareholding in JVC stands increased to 84.90%. The detailed disclosure required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“LODR Regulations”) is enclosed herewith.

 

Scrip code : 531599

Name : FDC Ltd.

Subject : Company Received ANDA Approval For Ofloxacin Otic Solution, 0.3%.

This is to inform you that, the Company has been granted ANDA approval by United States Food and Drug Administration (U.S. FDA), for Ofloxacin Otic Solution, 0.3%. Kindly take the same on record.

 

Scrip code : 500182

Name : Hero MotoCorp Limited

Subject : Announcement under Regulation 30 (LODR)-Acquisition

The Board of Directors of the Company, in its meeting held on 24th January 2022, has approved an investment of up to INR 700 crore (Rupees Seven Hundred crore) in one or more tranches, in Hero FinCorp Limited (HFCL). The investment is subject to execution of definitive documents and completion of certain conditions customary to a transaction of this nature. The requisite information is disclosed in the Annexure A. The Board has also appointed Mr. Dhiraj Kapoor as the Company Secretary & Compliance Officer of the Company effective February 1, 2022. The relevant details are attached as Annexure B. This is for your information and records.

 

Scrip code : 519126

Name : Hindustan Foods Ltd.,

Subject : Announcement under Regulation 30 (LODR)-Acquisition

Share Purchase Agreement for purchase of 100% Equity Share Capital of Reckitt Benckiser Scholl India Private Limited -With regard to the captioned matter and in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), as amended, please be informed that Hindustan Foods Limited (“HFL” or “the Company”) has executed a Share Purchase Agreement (‘SPA’) on January 24, 2022 with Reckitt Benckiser (India) Private Limited (‘Reckitt’) to acquire 100% Equity Share Capital of Reckitt Benckiser Scholl India Private Limited (“RBSIPL”). The details required pursuant to Regulation 30 of the Listing Regulations read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 in relation to the acquisition of Shares of RBSIPL by the Company are set out under Annexure A.

 

Scrip code : 532481

Name : Noida Toll Bridge Company Ltd

Subject : Re: Noida Toll Bridge Co. Ltd. Vs Federation Of Noida Residents’ Welfare Association &
Ors. (And Connected Matter) – Update On Litigation

Dear Sirs, This is to inform you that above mentioned matter of Noida Toll Bridge Company Limited v FONRWA & Ors., SLP(C) No. 33403 of 2016 was listed on 19.01.2022 before Supreme Court of India. The Order of the proceedings is enlosed for record and reference, as the matter is next listed for hearing on 29.03.2022. This is for your information and records.

 

Scrip code : 542694

Name : Parshva Enterprises Limited

Subject : Corporate Action-Intimation Of Fixing Record Date For Issue Of Bonus Shares

As Per Regulation 42 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 In continuation of our intimation on outcome of Board Meeting held on December 17, 2021 pertaining to the recommendation of issue of Bonus Shares in the Ratio of 205:100 i.e. 205 (Two Hundred and Five) Bonus Equity Share of Rs. 10/- each for every 100 (One Hundred) fully paid up Equity Share of Rs. 10/- each, and subsequent to the approval of shareholders through Postal Ballot, the Company has fixed Friday, February 4, 2022 as the ‘Record Date’ to determine the eligible shareholders entitled to receive the Bonus Shares.

 

Scrip code : 532156

Name : Vaibhav Global Ltd

Subject : Announcement under Regulation 30 (LODR)-Acquisition

We wish to inform you that the Company has executed Share Subscription and Shareholders’ Agreement on 21.01.2022 for acquisition of 60% Equity Share Capital of Encase Packaging Private Limited, subject to certain conditions precedent. The details as required under Regulation 30 of the SEBI LODR Regulations read with SEBI Circular CIR/CFD/CMD/4/2015 dated September 9, 2015 are enclosed herewith as Annexure A. This is for your information and record.

 

Scrip code : 532144

Name : Welspun Corp Limited

Subject : Business Update

In furtherance to our disclosure dated January 12, 2022, made in relation to the proposed Initial Public Offering of our Saudi Joint Venture, East Pipes Integrated Company for Industry (‘EPIC’), please note that Welspun Corp Limited has now been informed by EPIC :- Successful completion of the book-building process for the Participating Parties, Institutional Investors tranche, and the setting of the final offer price at SAR (80) per share with an over-subscription coverage of (71.8x) of the total offer shares. The Individual Investors tranche subscription process will commence on Monday, January 24, 2022 and ends on Tuesday, January 25, 2022. A maximum (630,000) Offer Shares, representing 10% of the total Offer Shares, will be allocated to Individual Investors.

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