All posts by : Harsh Shah

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20200511-31

1. Scrip code : 500325
Name : Reliance Industries Ltd
Subject : ‘Record Date’ For The Purpose Of Rights Issue
We inform you that the Rights Issue Committee constituted by the Board of Directors of the Company has, at its meeting held today, fixed Thursday, May 14, 2020 as the ‘Record Date’ for the purpose of determining the equity shareholders entitled to receive the rights entitlement in the rights issue (‘Eligible Shareholders’). The Company has obtained International Securities Identification Number (ISIN): INE002A20018 for the purpose of credit of the rights entitlements in accordance with the provisions of Regulation 77A of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 read with relevant circulars in this regard issued by Securities and Exchange Board of India from time to time. The rights issue opening and closing dates will be informed separately.

2. Scrip code : 504341
Name : RAVINDRA ENERGY LIMITED
Subject : Board Meeting Intimation for Intimation Of Board Meeting To Consider And Approve The Scheme Of Amalgamation
Ravindra Energy Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/05/2020 ,inter alia, to consider and approve Pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please take notice that a Meeting of the Board of Directors of the Company will be held on Thursday, the 14th day of May 2020, inter alia, to consider and approve the Scheme of Amalgamation of Agri Venture Trading and Investment Private Limited (a Wholly-Owned Subsidiary) in to Ravindra Energy Limited.

3. Scrip code : 532757
Name : VOLTAMP TRANSFORMERS LIMITED
Subject : Announcement under Regulation 30 (LODR)-Scheme of Arrangement
The Board of Directors of the Company have considered and approved a Scheme of Amalgamation (the “Scheme”) between the Voltamp Transformers Limited (“VTL”” or “Company”) and Kunjal Investment Private Limited (“KIPL”), and their respective shareholders and creditors (“Scheme”) under Sections 230 to 232 read with section 66 and other applicable provisions of the Companies Act, 2013 (“2013 Act”).

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20200508-27

1. Scrip code : 512529
Name : Sequent Scientific Limited
Subject : Outcome Of Board Meeting
We wish to inform you that some Promoters (detailed in the Annexure below) (collectively referred to as the ‘Sellers’) of SeQuent Scientific Limited (‘SeQuent’) propose to sell their entire Shareholding in SeQuent to CA Harbor Investments, which belongs to the group of entities doing business globally as, ‘The Carlyle Group’, (the ‘Acquirer’) who also intends to acquire control over SeQuent, the foregoing proposed transaction being hereinafter referred to as the ‘Proposed Transaction’. The Board of Directors at their Meeting held today noted and approved the execution, delivery, and performance of the Representations and Warranties Agreement (‘RWA’) to be entered into among the Sellers, the Acquirer, and SeQuent. The Proposed Transaction shall attract an obligation on the Acquirer to make an open offer as required under Regulations 3(1) and 4 of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers), Regulations, 2011 (‘SEBI SAST’).

2. Scrip code : 957846
Name : Reliance Industries Ltd
Subject : Announcement under Regulation 30 (LODR)-Press Release / Media Release
Vista to invest ? 11,367 crore in Jio Platforms at an equity value of ? 4.91 lakh crore

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20200507-20

1. Scrip code : 517536
Name : Onward Technologies Ltd.
Subject : Board to consider Dividend
Onward Technologies Ltd has informed BSE that a meeting of the Board of Directors of the Company shall be convened on May 15, 2020 via Video Conferencing as per the provisions given in Companies (Meetings of Board and its Powers) Rules, 2014 Rule (4) sub-rule (1) may be held through video conferencing or other audio visual means in accordance with Rule 3 (MCA Notification as on March 19th, 2020) and following agenda items be discussed: 1. To consider and take on record the audited financial results along with draft Audit Report of the Company for the quarter and year ended March 31, 2020. 2. To propose merger of Onward eServices Limited, being wholly owned subsidiary along with Onward Technologies Limited. 3. To adopt Directors Report along with its annexures for financial year ended March 31, 2020. 4. To consider re-appointment of Independent Director for second term. 5. To consider Appointment of Additional Directors (Independent, Non-Executive). 6. To recommend declaration of Dividend. Further, the trading window has been closed w.e.f. April 01, 2020 till May 19, 2020. The trading window shall open from May 20, 2020.

2. Scrip code : 530175
Name : Odyssey Technologies Ltd.
Subject : Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
This is to inform that the Honorable National Company Law Tribunal (NCLT), Chennai vide Order dated May 5, 2020, (received by us on May 6, 2020) have approved the Scheme of Amalgamation of Cyberneme Private Limited (Transferor Company) with Odyssey Technologies Limited (Transferee Company) and their respective shareholders and creditors pursuant to Sections 230 to 232 and other applicable provisions of the Companies Act, 2013. The Appointed Date of the Scheme is December 1, 2018. The certified true copy of the Order will be filed with the Registrar of Companies, Chennai.

3. Scrip code : 537291
Name : Nath Biogene India Ltd.
Subject : Announcement under Regulation 30 (LODR)-Acquisition
Acquisition of Technology from Global Transgenes Limited Associate Company of Nath Bio-Genes (India) Limited.

4. Scrip code : 505800
Name : Rane Holdings Ltd.
Subject : Clarification
This has reference to our letter no(s). RHL/SE/64/2019-20 dated March 23, 2020 intimating the acquisition of 5,80,720 equity shares of Rs.10 each fully paid up (1.78%) in our subsidiary company viz., Rane (Madras) Limited (RML) arising on conversion of 5,80,720 warrants (partial conversion of the 17,42,160 warrants) into underlying equity shares. In the said intimation it was inadvertently mentioned that ‘the balance 11,61,440 warrants are eligible for conversion on or before June 17, 2020’, instead of June 17,2021. Please note that the balance 11,61,440 warrants are eligible for conversion into equivalent number of equity shares in RML on or before June 17,2021. The error is regretted. We request you to take the above on record.

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20200506-27

1. Scrip code : 532304
Name : KJMC Corporate Advisors (India) Ltd.
Subject : Announcement under Regulation 30 (LODR)-Scheme of Arrangement
We are pleased to inform you that the Mumbai Bench of the Hon’ble National Company Law Tribunal (NCLT) vide its Order dated April 27, 2020 has granted approval for the Scheme of Amalgamation between KJMC Commodities Market India Limited (‘the Transferor Company’) with KJMC Capital Market Services Limited (‘the Transferee Company’) and their respective shareholders (“Scheme”). The Appointed date for the said Scheme of Amalgamation is April 1, 2018. KJMC Commodities Market India Limited (‘the Transferor Company’) and KJMC Capital Market Services Limited (‘the Transferee Company’) are both the wholly owned subsidiary companies of KJMC Corporate Advisors (India) Limited. This is for your information and records.

2. Scrip code : 539515
Name : Gaurav Mercantile Limited
Subject : Disclosure Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015
In terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that the Board of Directors of the Company in their meeting held on Wednesday, May 6, 2020, commenced at 4.30 p.m. and concluded at 5:00 p.m., considered the following agenda following items: 1)Reclassification of Identified Members of the Promoter/ Promoter Group 2)Acquisition of Digital Business from Quintillion Media Private Limited being a related party 3)Approval for related party transactions 4)Increasing the borrowing powers and creation of charge or mortgage or hypothecation against the assets or properties of the Company 5)Alteration of Articles of Association 6)Shifting of registered office 7)Change of name of the Company 8)To consider and approve the matters for conducting the Postal Ballot along with notice and relevant documents

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20200505-34

1. Scrip code : 542651
Name : KPIT Technologies Ltd
Subject : Announcement under Regulation 30 (LODR)-Updates on Acquisition
With reference to aforesaid intimation for acquisition of majority stake in Vayavya Labs Private Limited (“VL”) and its shareholders and in terms of Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, we wish to inform that pursuant to the authority delegated by the Board of Directors, the Managing Director & CEO of the Company has modified terms of the acquisition in Vayavya Labs Private Limited as stated below. Accordingly, all other terms remaining unchanged following description as stated at Annexure A of earlier intimation dated 11th March, 2020 be modified and read as under: f. Indicative Time Period for completion of acquisition – The deal is expected to get closed by the fourth quarter of FY2021 vs first quarter of FY 2021 as intimated earlier.

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20200504-34

1. Scrip code : 519552
Name : Heritage Foods Limited
Subject : Board to consider FY20 results & Dividend on May 27, 2020
Heritage Foods Ltd has informed BSE that the meeting of the Board of Directors of the Company is scheduled to be held on May 27, 2020, to transact the following business apart from the other items as per the agenda: 1. To Consider approve and take on record the Audited Standalone Financial Results of the Company under Indian Accounting Standards (Ind AS) for the Year ended on March 31, 2020 2. To Consider approve and take on record the Audited Consolidated Financial Results of the Company under Indian Accounting Standards (Ind AS) for the Year ended on March 31, 2020. 3. Audit Report of the Statutory Auditors of the Company on the Audited Financial Statements (Standalone as well as Consolidated) for the Year ended on March 31, 2020. 4. To Consider and recommend Dividend, if any, on the equity shares of the Company for the financial year 2019-20. 5. To fix the Book Closure date for the purpose of determining the members eligible for receiving dividend of the Company. 6. To decide the date, time and venue of 28th Annual General Meeting, 7. To consider and approve the 28th Annual General Meeting Notice and Directors Report etc., for the financial year ended March 31, 2020. Pursuant to the Code of Conduct to Regulate, Monitor & Report by Insider Trading of the Company, the Trading Window for the transacting the equity shares of the Company has been closed from April 01, 2020 and it will open after 48 hours from the meeting of Board of Directors as scheduled above.

2. Scrip code : 541179
Name : ICICI Securities Limited
Subject : Board Meeting Intimation for Considering And Approving The Audited Financial Results Of The Company For The Quarter And Financial Year Ended March 31, 2020 And Recommendation Of Dividend, If Any, On The Equity Shares For The Financial Year Ended March 31, 2020.
ICICI Securities Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 07/05/2020 ,inter alia, to consider and approve the audited financial results of the Company for the quarter and financial year ended March 31, 2020 and recommendation of dividend, if any, on the equity shares for the financial year ended March 31, 2020.

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20200430-39

1. Scrip code : 540222
Name : Laurus Labs Limited
Subject : Board recommends Final Dividend & Sub-division (Split) of equity shares
Laurus Labs Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 30, 2020, inter alia, have transacted the following: 1. The Board of Directors have recommended a final dividend of Rs. 1.00 (10%) per equity share of face value of Rs. 10/- each, for the financial year 2019-20. 2. The Board of Directors have recommended for the sub-division of equity shares of the Company from existing face value of Rs. 10/- each to face value of Rs. 2/- each (i.e. split of 1 equity share of Rs.10/- into 5 equity shares of Rs. 2/- each), to the approval of the shareholders in the ensuing Annual General Meeting of the Company and subject to other approvals as may be required.

2. Scrip code : 500325
Name : Reliance Industries Ltd
Subject : Board approves Rights Issue of equity shares
Reliance Industries Ltd has informed BSE about Outcome of Board Meeting held on April 30, 2020.

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20200429-41

1. Scrip code : 535602
Name : Sharda Motor Industries Ltd
Subject : Update Over The Apportionment Of Pre-Demerger Cost Of Acquisition Of The Equity Shares Of Sharda Motor Industries Limited Consequent Upon Effectiveness Of The Scheme Of Arrangement (‘Scheme’) Between Sharda Motor Industries Limited (‘The Company’) And NDR Auto Components Limited And Their Respective Shareholders And Creditors
In continuous to our previous intimations made with respect to the Scheme of Arrangement (‘Scheme’) between Sharda Motor Industries Limited (‘the Company’) and NDR Auto Components Limited and their respective Shareholders and Creditors, please find enclosed herewith the details of Apportionment of pre-demerger cost of acquisition of the equity shares of the Company and NDR Auto Components Limited issued by the M/s. Sundae Capital Advisors Private Limited, Merchant Banker of the Company. This is for your information and records.

2. Scrip code : 539872
Name : Bajaj Healthcare Limited
Subject : Announcement Under Regulation 30 Of SEBI (LODR) Regulation, 2015
In terms of regulation 30 of SEBI (LODR) Regulation, 2015, this is to inform you that the Company has agreed to acquire stressed Assets from Saraswat Cooperative Bank comprising of Land, Building, Plant & Machineries and other assets as per Annexure ‘A’ attached herewith.

3. Scrip code : 532720
Name : Mahindra & Mahindra Financial Services Limited
Subject : Disclosure Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015
We refer to our letter dated 21st June, 2019 regarding execution of the Share Subscription Agreement and Shareholders” Agreement by and amongst the Company, Mahindra Asset Management Company Private Limited (‘MAMCPL’), Mahindra Trustee Company Private Limited (‘MTCPL’), [i.e. the wholly-owned subsidiaries of the Company] and Manulife Investment Management (Singapore) Pte. Ltd. (formerly known as Manulife Asset Management (Singapore) Pte. Ltd.) (‘Manulife’) and acquisition of a 49% stake by Manulife in MAMCPL and MTCPL. In furtherance of the above, we wish to inform you that Manulife has today acquired a 49% stake in MAMCPL and MTCPL. Consequent to the above, the shareholding of the Company in MAMCPL and MTCPL has come down from 100% to 51% of the share capital respectively, and accordingly, MAMCPL and MTCPL will cease to be wholly-owned subsidiaries of the Company but, continue to remain the Company’s subsidiaries. Please find enclosed a Press Release being issued in this regard.

4. Scrip code : 717979
Name : Reliance Industries Ltd
Subject : Announcement under Regulation 30 (LODR)-Updates on Acquisition
We had, vide our disclosure dated November 07, 2019, informed you that Reliance Strategic Business Ventures Limited (‘RSBVL’), a wholly owned subsidiary of the Company, had acquired 17.37% shareholding in SkyTran Inc. on a fully diluted Page 36 bu290420.txt basis. Subsequent to our disclosure dated November 7, 2019, RSBVL acquired convertible notes in two tranches, the first one on November 29, 2019 and the second one on March 23, 2020, which got converted into shares of SkyTran Inc. on April 27, 2020 upon certain conditions being satisfied. Consequent upon this, the shareholding of RSBVL in SkyTran Inc. stood increased to 26.31% on a fully diluted basis. No regulatory approvals were required in India for the aforesaid acquisition of shares. The investment does not fall within related party transaction and none of the Company”s promoter I promoter group I group companies have interest in skyTran Inc

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20200428-34

1. Scrip code : 500325
Name : Reliance Industries Ltd
Subject : Board Meeting Intimation for Board Meeting
RELIANCE INDUSTRIES LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/04/2020 ,inter alia, to consider and approve Pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), this is to inform you that a meeting of the Board of Directors of the Company is scheduled to be held on Thursday, April 30, 2020 inter alia to: (a) consider and approve the standalone and consolidated audited financial results of the Company for the quarter / year ended March 31, 2020; (b) recommend dividend on equity shares of the Company; and (c) consider a proposal to issue equity shares to existing shareholders on Rights basis, as may be permitted under applicable law, subject to such regulatory/statutory approvals, as may be required.

2. Scrip code : 532215
Name : AXIS Bank Ltd.
Subject : Announcement under Regulation 30 (LODR)-Acquisition
This is with reference to our letter no. AXIS/CO/CS/981/2019-20 dated 20th February 2020 on ‘Confidentiality and Exclusivity Agreement with Max Financial Service Limited’. We wish to inform you that the Board of Directors at its meeting held on Monday, 27th April 2020, has approved entering into an agreement with Max Financial Services Limited (MFSL) to acquire 29% stake in Max Life Insurance Company Limited. The Bank will acquire shares from Max Financial Services and will sign a Shareholders’ Agreement and a Share Purchase Agreement in relation to the same. The said transaction is subject to satisfaction of conditions precedent, including receipt of regulatory approvals from Reserve Bank of India, Insurance Regulatory and Development Authority of India and Competition Commission of India, among others. The details as required under the Listing Regulations are provided in Annexure A. The press release in this regard is attached herewith.

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20200427-38

1. Scrip code : 500189
Name : NXTDIGITAL LIMITED
Subject : Corporate Action-Updates on Amalgamation/ Merger / Demerger
Dear Sir/Madam, We refer to our letter dated April 13, 2020 intimating your office about application filed by the Company with the Hon’ble National Company Law Tribunal, Mumbai Bench seeking for: (a) Dispensation of meeting of the National Company Law Tribunal convened meeting of the shareholders scheduled to be held on Thursday, April 16, 2020 as the same in current environment was not be possible and (b) to consider and accept the votes casted via Remote E-voting / Postal Ballot facility till Wednesday, April 15, 2020 as the final consent of the shareholders towards the Scheme of Arrangement between IndusInd Media & Communications Limited (‘IMCL’ or ‘Demerged Company’) and NXTDIGITAL LIMITED (‘NXTDIGITAL’ or ‘Resulting Company’) and their respective shareholders; In this regard we would like to inform you all that the aforesaid application made by the Company has been allowed by the Hon’ble National Company Law Tribunal Mumbai Bench, on Wednesday, April 22, 2020.

2. Scrip code : 532966
Name : Titagarh Wagons Ltd
Subject : NCLT Convened Meeting On 29Th April, 2020
We enclose herewith the notice of the Hon”ble National Company Law Tribunal (`NCLT”) convened meetings of the equity shareholders, secured creditors and unsecured creditors of Titagarh Wagons Limited (‘the Company’) to be held on Wednesday, 29th April, 2020 at 4:00 P.M., 5:00 P.M. and 5:30 P.M. respectively through video conferencing in terms of the Order passed by NCLT on 22nd April, 2020, which has been duly dispatched to the shareholders and creditors whose email addresses are registered with the Company, for approval of the Scheme of Amalgamation by absorption of Cimmco Limited (Transferor Company No. 1), Titagarh Capital Private Limited (Transferor Company No. 2) with the Company.

3. Scrip code : 512070
Name : UPL Limited
Subject : Closure Of Transaction With Regards To Yoloo (Laoting) Bio-Technology Co., Ltd. The Company hereby confirms the completion of acquisition of Yoloo (Laoting) Bio-technology Co. Ltd., that was announced on 14th November 2019, post all customary and regulatory approvals and the transaction is closed.