All posts by : Harsh Shah

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20200729-37

1. Scrip code : 540716
Name : ICICI Lombard General Insurance Company Limited
Subject : Clarification sought from ICICI Lombard General Insurance Company Ltd
The Exchange has sought clarification from ICICI Lombard General Insurance Company Ltd with respect to news article appearing on economictimes.indiatimes.com July 29, 2020 titled “ICICI Lombard in talks to acquire Bharti Axa General Insurance”. The reply is awaited.

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20200728-36

1. Scrip code : 500325
Name : Reliance Industries Ltd
Subject : Clarification sought from Reliance Industries Ltd
The Exchange has sought clarification from Reliance Industries Ltd on July 28, 2020, with reference to news appeared in www.livemint.com dated July 28, 2020 quoting “RIL may buy Future Group’s retail biz for Rs. 27,000 crore” The reply is awaited.

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20200727-37

1. Scrip code : 521070
Name : Alok Industries Ltd.
Subject : Clarification With reference to Movement in Volume,
Alok Industries Ltd has Clarified to BSE as under : “We refer to your email communications of 27 July 2020, 3 July 2020 and 21 May 2020 on the subject matter seeking an explanation for the spurt in the volume of our Company’s equity shares. In this regard, we reproduce our earlier response below. Besides the fact that the implementation of the approved Resolution Plan under the provisions of the Insolvency and Bankruptcy Code, 2016 is underway, details of which have been provided to your Exchange from time to time, there is nothing else of note to inform. Our stand that the increase in the volume of our security appears to be based on market speculation therefore continues to hold good.”

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20200724-42

1. Scrip code : 538564
Name : James Warren Tea Limited
Subject : Corporate Action-Intimation of Buy back
This is to inform you that pursuant to Regulation 29(1)(a) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, a Meeting of the Board of Directors of the Company will be held on Saturday, the 25th day of July, 2020 at 11:00 A.M. inter-alia, amongst other matters,to consider the proposal of buyback of equity shares of Rs.10/- each fully paid, of the Company.

2. Scrip code : 532500
Name : Maruti Suzuki India Ltd.
Subject : Introduction Of Infotainment System In Ignis Zeta MT & AMT Variants
Dear Sir, You are kindly informed that Ignis Zeta MT & AMT variants now come with the Smartplay Studio Infotainment System. The applicable ex-showroom price in Delhi and NCR region are : Ignis Zeta MT at Rs. 5,97,820/- and Ignis Zeta AMT at Rs. 6,44,820/-. The same is effective from today i.e. 23rd July, 2020.

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20200723-32

1. Scrip code : 500850
Name : Indian Hotels Co. Ltd
Subject : Announcement under Regulation 30 (LODR)-Acquisition
Further to our letter dated November 11, 2019 with regards to the Board’s approval for acquisition of balance stake in ELEL, the Company has today signed a binding agreement for the acquisition of the balance 14.28 per cent equity interest in ELEL from the Nanda family. This will make IHCL 100% leasehold owner of the landmark Sea Rock hotel site by 31st December 2021. You are requested to kindly take the above on record.

2. Scrip code : 519491
Name : Ocean Agro (India) Limited
Subject : Updates Of Delisting
Our Promoter, Mr. Kaushik Babubhai Parikh (‘Acquirer’) has made a Delisting Offer of 20,33,200 Equity Shares of face value Rs. 10/- each through Letter of Offer dated July 3, 2020 through Stock Exchange mechanism of BSE pursuant to Tender-Offer under Delisting to facilitate tendering of equity shares by the shareholders and settlement of the same, through the stock exchange mechanism. Please find enclosed Letter from the Promoter for accepting the Exit Price for the Delisting Offer of the Company.

3. Scrip code : 531719
Name : Bhagiradha Chemicals and Industries
Subject : Incorporation Of A New Wholly-Owned Subsidiary (Wos) Company – Regulation 30 Of SEBI (LODR) Regulations, 2015.
Incorporation Of A New Wholly-Owned Subsidiary (Wos)Company – Regulation 30 Of SEBI (LODR) Regulations, 2015.

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20200722-27

1. Scrip code : 513262
Name : Steel Strips & Wheels Ltd
Subject : Alloy Wheels Revenue To Grow 300 Percent In FY 2020-21
In furtherance to our earlier announcement dated 03.07.2020 (i.e. Mehsana Secures Alloy Wheel Long term order book for 4000crs), SSWL is pleased to confirm that on the basis of current market scenario and available orders, SSWL shall cross more than 1 million Alloy Wheels sales resulting in a total revenue of more than Rs. 325 Crores in FY 2020-21. This will represent a plus 300 percent growth over last financial year. Kindly take the above on your records please.

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20200721-31

1. Scrip code : 718663
Name : Mahindra & Mahindra Ltd.
Subject : Announcement under Regulation 30 (LODR)-Updates on Acquisition
We refer to the letter dated 18th July, 2020 of Mahindra & Mahindra Financial Services Limited, a listed subsidiary of the Company (“MMFSL”), intimating the Stock Exchanges that the Board of MMFSL has inter alia approved Rights Issue of Equity Shares of the face value of Rs. 2 each at an Issue Price of Rs. 50 per fully paid up Equity Share (including premium of Rs. 48 per share) for an aggregate amount not exceeding Rs.3,089 Crores assuming full subscription (‘Issue’). The full amount of the Issue Price will be payable on application. In furtherance to the above as well as the Company’s intimation to the Stock Exchanges dated 12th June, 2020 we wish to inform that the Loans and Investment Committee of the Company, has today accorded its approval to the matters stated in the attached letter.

2. Scrip code : 539112
Name : SAB INDUSTRIES LIMITED
Subject : Shareholders Meeting Held On 30/08/2020
Meeting of Shareholders on 30th August 2020 at 10:00 A.M. at the Registered Office of the Company for amalgamation of Steel Strips Limited (Transferor Company) with SAB Industries Limited (Transferee Company) pursuant to Sections 230 to 232 and other applicable provisions of the Companies Act, 2013. Further, the Company is providing to members facility of voting through Remote e-voting and Poll at the Meeting on the Resolution/business stated above. Central Depository Services Limited (CDSL) is appointed as voting Agency for facilitating e-voting by Members. The period of e-voting is as under: Start date and time of voting 31st July, 2020 at 9:00 A.M End date and time of voting 29th August, 2020 at 5;00 P.M The cut-off date for determining eligibility of Members entitled to vote in e-voting and at the venue, will be Friday, June 12, 2020. We hereby enclose copy of Notice of aforesaid Meeting for your perusal and request you to take the above information on record.