Daily Bulletin (30th September, 2022)
Scrip code : 512599
Name : Adani Enterprises Ltd.
Subject : Updates Regarding Financial Closure Achieved For The Access-Controlled Six Lane (Expandable To Eight Lane) Greenfield Ganga Expressway Project (Group-II, III & IV) In The State Of Uttar Pradesh Respectively On DBFOT (Toll) Basis Under PPP Mode
Updates regarding Financial Closure achieved for the Access-Controlled Six Lane (Expandable to Eight Lane) Greenfield Ganga Expressway Project (Group-II, III & IV) in the State of Uttar Pradesh respectively on DBFOT (Toll) basis under PPP mode.
Scrip code : 530723
Name : Asit C Mehta Financial Services Limited
Subject : Letter of Offer
Choice Capital Advisors Pvt. Ltd. (“Manager to the Offer”) has submitted to BSE a copy of Letter of Offer to the Public Shareholders of Asit C Mehta Financial Services Ltd (“Target Company”).
Scrip code : 532989
Name : Bafna Pharmaceuticals Limited
Subject : Sale Of Equity Shares Of The Company By SRJR Life Science LLP Through Open Market Sale For Minimum Public Shareholding.
Sale of Equity Shares of the Company by SRJR Life Science LLP through open market sale for minimum public shareholding.
Scrip code : 506414
Name : FERMENTA BIOTECH LIMITED
Subject : Execution Of Sale Deeds
Further to our earlier intimation dated June 9, 2022 in relation to the members’ approval obtained to sell, lease, or otherwise dispose of the portion of Company’s assets being premises located in Thane One Building, DIL Complex, Ghodbunder Road, Majiwade, Thane (West) 400 610, we wish to inform you that the Company has executed and registered two sale deeds on September 29, 2022 to sell the premises situated at the 12th floor and 13th floor in Thane One Building, DIL Complex, Ghodbunder Road, Majiwade, Thane (West) 400 610 on the terms and conditions mentioned in the respective sale deeds and as approved by the Board of Directors of the Company. The information regarding the aforesaid sale of premises is provided in Annex-‘A’ herewith. This intimation is given under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015 for your records.
Scrip code : 543227
Name : Happiest Minds Technologies Limited
Subject : Board Meeting Intimation for Raising Of Funds
Happiest Minds Technologies Ltd has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/10/2022 ,inter alia, to consider and approve the matter related to raising funds by way of issuance of any instrument or securities, including equity shares, fully / partly convertible debentures, global depository receipts, American depository receipts, foreign currency convertible bonds, warrants, or any combination thereof, in one or more tranches, for an aggregate amount not exceeding ? 14,00,00,00,000 (Rupees One Thousand Four Hundred Crores only) by way of a public issue, preferential allotment, private placement (including one or more qualified institutional placements), or through any other permissible mode.
Scrip code : 500183
Name : HFCL LIMITED
Subject : Establishment Of Greenfield Facility For Manufacturing Of Polymer Compound
We are pleased to inform all our stakeholders that HTL Ltd., a material subsidiary of the Company, has established a state-of-the-art Polymer Compounding facility as backward integration at its Hosur plant in Tamil Nadu for manufacturing of Polyolefin based compounds of various grades and colours which are required as raw material for manufacturing of Optical Fibre Cables. With an installed capacity of 24,000 MT per annum, this backward integration will ensure seamless availability of various grades of Polymer for the Company and HTL’s plants at Goa, Chennai and Hyderabad and also improve profitability being a significant cost component in manufacture of Optical Fibre Cable being supplied in Domestic and Export Markets. The details as required under Regulation 30 of the SEBI Listing Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated 9th September, 2015, are as per attached letter.
Scrip code : 532659
Name : IDFC LIMITED
Subject : Sale Of Entire Equity Stake In Dimits Held By IDFC Foundation – Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
In continuation of our efforts for Corporate simplification/restructuring, we wish to inform that IDFC Foundation has entered in to ‘Share Purchase Agreement’ for sale of entire equity stake of 50% in Delhi Integrated Multi-Modal Transit System Limited (‘DIMITs’) held by IDFC Foundation to Bharat Telematics Ltd. IDFC Foundation is a wholly owned subsidiary of IDFC Limited and is a ‘Non for profit’ organisation registered under section 8 of the Companies Act, 2013. The details as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015, will be shared at the time of completion of the aforesaid transaction. The above information is also available on the website of the Company: www.idfclimited.com. Kindly take the above on your record.
Scrip code : 539040
Name : Tirupati Tyres Ltd.
Subject : Valuation Report Issued By Registered Independent Valuer & Determination Of Fair Value Of Convertible Equity Warrants.
The Company has proposed to issue up to 2,10,00,000 (Two Crores Ten Lacs only) Convertible Equity Warrants on preferential basis and approval of the Members is being sought through Postal Ballot. As per Regulation 166A of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations 2018 the company is required to obtain a Valuation Report from a Registered Independent Valuer for determination of Fair value of Convertible Equity Warrants and hence Mr. Bhavesh M Rathod, Chartered Accountant, Registered Valuer with IBBI, has issued the Valuation Report. The Fair Value determined by the valuer is Rs. 24.92/- per Convertible Equity Warrant. The Valuation report is made available on website of the Company i.e. www.tirupatityres.com.