Daily Bulletin ( November, 21 2019)

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20191121-27

  1. Scrip code : 539978
    Name : Quess Corp Limited
    Subject : Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order Update on the Composite Scheme of Arrangement and Amalgamation amongst TC Forex Services Limited and Travel Corporation (India) Limited and TC Travel Services Limited and SOTC Travel Management Private Limited and Thomas Cook (India) Limited and Quess Corp Limited and their respective shareholders. You are requested to take the above information on record and oblige.
  2. Scrip code : 541556
    Name : RITES Limited
    Subject : Notice of Offer for Sale of Share by Promoter & Floor Price
    The President of India, acting through and represented by the Ministry of Railways, Government of India, (“the Seller”) (“Promoter”) of RITES Ltd (“the Company”) Proposed to sell up to 2,50,00,000 Equity Shares, in aggregate representing 10% of the total issued and paid-up Equity Share capital of the Company (“Base Offer Size”) on November 22, 2019 (“T Day”) (for non-retail investors only) and on November 25, 2019 (“T+1 Day”) (for retail investors and for non-retail investors who choose to carry forward their un-allotted bids), with an option to additionally sell up to 1,25,00,000 Equity Shares (representing 5% of the total issued and paid-up Equity Share capital of the Company) (the “Oversubscription Option” and in the event the Oversubscription Option is exercised, the Equity Shares forming part of the Base Offer Size and the Oversubscription Option will in aggregate, be referred to as the “Offer Shares”. In the event such Oversubscription Option is not exercised, the Equity Shares forming part of the Base Offer Size will be referred to as the “Offer Shares”, through the separate designated window of BSE Limited (“BSE”) and National Stock Exchange of India Limited (“NSE” and together with BSE, the “Stock Exchanges”), collectively representing 15% of the total paid up equity share capital of the Company on September 30, 2019, and such offer hereinafter referred as the “Offer”) and in accordance with the “Comprehensive Guidelines on Offer for Sale (OFS) of Shares by Promoters through the Stock Exchange Mechanism” issued by the Securities and Exchange Board of India (“SEBI”). Dates and time of the opening and closing of the offer: – For non-Retail Investors: November 22, 2019 (“T day”) The Offer shall take place on a separate window of the Stock Exchanges on the T day i.e. November 22, 2019 commencing at 9:15 a.m. (Indian Standard Time) and shall close at 3:30 p.m. (Indian Standard Time) on the same day. Non-Retail Investors who have placed their bids on T Day, may indicate their willingness to carry forward their un-allotted bids to T+1 day (defined hereinafter) for allocation to them in the unsubscribed portion of Retail Category (defined below). Please note that only non-Retail Investors shall be allowed to place their bids on T day, i.e. November 22, 2019. For Retail Investors (defined hereinafter) and for non-retail Investors who choose to carry forward their un-allotted bids on T+1 day, i.e. November 25, 2019 The Offer shall continue to take place during trading hours on a separate designated window of the Stock Exchanges on T+1 day (T+1 day being November 25, 2019) commencing at 9:15 a.m. (Indian Standard Time) and shall close at 3:30 p.m. (Indian Standard Time) on the same date. Please note that only Retail Investors shall be allowed to place and revise their bids only on T+1 day. Further, those non-Retail Investors who have placed their bids on T day and have chosen to carry forward their bids to T+1 day, shall be allowed to revise their bids on T+1 day in accordance with the SEBI OFS Circulars. (T day and T+1 day, collectively referred to as “Offer Dates”) – Floor price (“Floor Price”) The Floor Price for the Offer Shall be INR 293.50 (RUPEES TWO HUNDRED NINETY THREE AND FIFTY PAISE) per Equity Share of the Company.
  3. Scrip code : 540727
    Name : Poojawestern Metaliks Limited
    Subject : Board to consider Bonus Issue Poojawestern Metaliks Ltd has informed BSE that a meeting of the Board of Directors of the Company is scheduled to be held on November 26, 2019, inter alia, to : 1. Consider the proposal for issue of bonus shares; 2. Consider the proposal of Increase in Authorised Share Capital of the Company. In this connection, as per the Company’s Code of Conduct to regulate, monitor and report trading by insiders, adopted by the Board pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in the securities of the Company will be closed for the specified Persons from November 21, 2019 till 48 hours after conclusion of board meeting.

Daily Bulletin (November 20, 2019)

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20191120-24

 

  1. Scrip code : 506087
    Name : Anup Malleable Ltd.,
    Subject : Outcomes Of Board Meeting This is to inform that the Board of Directors of the Company at its meeting held at the Corporate Office of the Company have deferred the decision of delisting of the Company to a future date. The Board has unanimously decided to defer the decision for now and any development on the same will be intimated in due course.
  2. Scrip code : 532540
    Name : Tata Consultancy Services Ltd.
    Subject : Announcement under Regulation 30 (LODR)-Press Release / Media Release TCS Collaborates with Qualcomm to Launch New Innovation Hub to Develop Next-Gen AI Solutions with 5G
  3. Scrip code : 954111
    Name : Tata Motors Ltd.
    Subject : Disclosure Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) – Allotment Of 5.875 Percent Senior Notes Due 2025 (“Notes”) Of US $ 300 Million.Further to our letters dated November 8, 2019 and November 13, 2019, we hereby wish to inform you that the Company has raised US $ 300 Million by allotment of the Notes in the international markets, in accordance with Regulation S of the U.S. Securities Act, 1933, as amended and applicable Indian Law. The Notes have been allotted on November 20, 2019 and will be listed on the Singapore Exchange Securities Trading Limited. The Company has also executed a Subscription Agreement with Merrill Lynch (Singapore) Pte. Ltd. and Australia and New Zealand Banking Group Limited on November 13, 2019, and has issued an offering circular in relation to the issuance of the Notes. You are requested to take this letter on record and treat the same as a compliance with Regulation 30 of the Listing Regulations.
  4. Scrip code : 500413
    Name : Thomas Cook (India) Ltd.,
    Subject : Acquisition Of 51% Stake In BDC Digiphoto Imaging Solutions Private Limited By Travel Corporation (India) Limited, A Wholly Owned Subsidiary Of The Company Further to our earlier intimation on the captioned subject dated 25th February, 2019, we are enclosing herewith letter received from Travel Corporation (India) Limited, a wholly owned subsidiary of the Company on the even date intimating about the completion of acquisition of 51% stake in BDC Digiphoto Imaging Solutions Private Limited on 19th November, 2019. This is for your information and records.
  5. Scrip code : 532483
    Name : Canara Bank
    Subject : In-Principle Approval Of Alternate Mechanism (AM) To Proposed Amalgamation Of Syndicate Bank Into Canara Bank
    This is in continuation to our letter no. MD&CEO:SD:675/676/11/12::2019 dated September 13, 2019 informing about in-principle approval of the Board of Directors for the amalgamation of Syndicate Bank into Canara Bank. In this connection, today i.e. 20.11.2019 Bank has received letter F. No. 7/93/2019-BOA-1 dated 13.11.2019 from Department of Financial Services, Ministry of Finance, Government of India vide which Bank has been advised that Alternative Mechanism (AM), has accorded in-principle approval to proposed amalgamation of Syndicate Bank into Canara Bank with Canara Bank as the Transferee Bank and Syndicate Bank as Transferor Bank. This is in compliance with Regulation 30 of SEBI LODR Regulations 2015.
  6. Scrip code : 532814
    Name : Indian Bank
    Subject : Penalty Imposed By Reserve Bank Of India RBI has imposed a monetary penalty for non compliance with the directions issued by RBI in Opening of SB accounts of a cooperative Society and non adherence with directions on KYC/AML Norms window dressing of the Balance sheet as on March 31, 2018 delay reporting of the fraud
  7. Scrip code : 500315
    Name : Oriental Bank Of Commerce
    Subject : In-Principle Approval Of Alternate Mechanism (AM) To Amalgamation Of Oriental Bank Of Commerce And United Bank Of India Into Punjab National Bank
    Further to our communication dated 18.09.2019, we wish to inform that we are in receipt of letter dated 13.11.2019 from Department of Financial Services, Ministry of Finance communicating that Alternative Mechanism (AM) has accorded in-principle approval to proposed amalgamation of Oriental Bank of Commerce and United Bank of India into Punjab National Bank, with Punjab National Bank as the transferee Bank and Oriental Bank of Commerce and United Bank of India as transferor Bank(s).
  8. Scrip code : 717503 Name : Zee Entertainment Enterprises Ltd.
    Subject : Announcement under Regulation 30 (LODR)-Press Release / Media Release
    Stake sale by Promoters of the Company

Daily Bulletin (November, 19 2019)

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20191119-23

  1. Scrip code : 502865
    Name : Forbes & Company Ltd
    Subject : Information Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015 The Board of Directors of the Company have authorized the management of the Company to evaluate a scheme of arrangement and/or other appropriate mechanisms to enable an eventual listing of Eureka Forbes Limited, with an intention to unlock value in the hands of all the shareholders of the Company. These may also include listing, dilution/sale or combination thereof of Eureka Forbes Limited. The Board will consider the above when the relevant proposals are placed before it in the near future, but in principle has approved supporting the endeavours of the management in this regard. Any such proposal, if approved, will be undertaken and completed in due compliance with applicable laws after consent of the Board of Directors, and where required, the shareholders of the Company.
  2. Scrip code : 539978
    Name : Quess Corp Limited
    Subject : Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order This is to inform you that the Regional Director, South-East region, Hyderabad, Ministry of Corporate Affairs, has, vide its confirmation order dated 15th November, 2019, received on 18th November, 2019, approved the Scheme of amalgamation between Aravon Services Private Limited, CentreQ Business Services Private Limited, Coachieve Solutions Private Limited, Master Staffing Solutions Private Limited with Quess Corp Limited and their respective shareholders and creditors in terms of Section 233 of the Companies Act, 2013. Further, the Scheme of Amalgamation would become effective from the appointed date i.e. 01st April, 2019
  3. Scrip code : 532540
    Name : Tata Consultancy Services Ltd.
    Subject : Announcement under Regulation 30 (LODR)-Press Release / Media Release
    Virgin Atlantic Expands Technology Partnership with TCS to Further Enhance Customer Experience

Daily Bulletin ( November 18, 2019)

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20191118-31

  1. Scrip Code: 513005
    Name: V.B.C. Ferro Alloys Ltd.
    Subject: Scheme of Arrangement inter alia, approved the following 1. Board approved the valuation report and scheme for merger of Orissa Power Consortium Limited with VBC Ferro Alloys Limited. 2. Board approved the valuation report and scheme for demerger of Power Project Division in VBC Power Company Limited. 3. Authorized Shri M.V. Ananthakrishna Whole-Time Director to file scheme of Merger and Demerger with Bombay Stock Exchange and to do all other required works as may be required in this regard
  2. Scrip Code: 515127
    Scrip Name: Ramasigns Industries Limited
    Equity Stock Split from Rs.10/- to Rs.5/-
  3. Scrip code : 947795
    Name : Reliance Communications Limited
    Subject : Announcement under Regulation 30 (LODR)-Change in Directorate Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Para A of Part A of Schedule III therein, your good office is hereby informed of the resignations tendered by the following directors of Reliance Communications Limited (‘Company’): i. Shri Anil D Ambani ii. Smt. Chhaya Virani iii. Smt. Ryna Karani iv. Smt. Manjari Kacker v. Shri Suresh Rangachar Your good office may also note that Shri Manikantan V., has also tendered his resignation as a director and Chief Financial Officer of the Company earlier. The aforementioned resignations shall be put up to the committee of creditors of the Company for their consideration.

Daily Bulletin (November,18 2019)

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20191115-30

  1. Scrip code : 533227
    Name : Asian Hotels (East) Limited
    Subject : Announcement under Regulation 30 (LODR)-Scheme of Arrangement Further to our intimation dated September 16, 2019 wherein we informed that the Board had approved a Scheme of Arrangement for the demerger of the Company’s [Demerged Company] division namely ‘Investments including Investment in Hotel (South)’ [Investment Division] into Robust Hotels Private Limited, a wholly owned subsidiary of the Company [RHPL/Resulting Company] in terms of Section 230-232, other applicable provisions of the Companies Act, 2013 and the Rules made thereunder as a going concern in compliance with Section 2(19AA) of Income Tax Act, 1961. Further, based on the revisions suggested by the Audit Committee, the Board has revisited and approved certain modifications to the Scheme
  2. Scrip code : 542333
    Name : CESC Ventures Limited
    Subject : Corporate Action-Updates on Amalgamation/ Merger / Demerger This is in continuation of our earlier intimation, informing you that the Scheme was made effective from 1 October 2017, except demerger of the Generation Undertaking of CESC Limited (CESC) into Haldia Energy Limited, a wholly-owned CESC subsidiary (‘Demerger’). The Board of Directors, at its meeting held today, inter alia, discussed the present status of the Demerger and decided that it would be prudent and in the best interest of the Company, its shareholders and other stakeholders to no longer pursue the said Demerger. The Company will make necessary application to the Kolkata bench of the National Company Law Tribunal in this regard. We request you to kindly take this on record.
  3. Scrip code : 532756
    Name : Mahindra CIE Automotive Limited
    Subject : Corporate Action-Updates on Amalgamation/ Merger / Demerger We refer to our letter dated 5th November, 2019 whereby we had inter-alia informed that order of Hon’ble National Company Law Tribunal, Mumbai Bench (the Hon’ble Tribunal) approving the Scheme of Merger by absorption of Bill Forge Private Limited (the Wholly owned subsidiary of the Company) by the Company (the Scheme) was delivered by the Hon’ble Tribunal on 4th November, 2019 and the minutes of the order were available on the website of the Hon”ble Tribunal. We now wish to inform you that a certified copy of Order along-with the Scheme has been filed with the Registrar of Companies, Mumbai today i.e. 15th November, 2019. Accordingly, the Scheme is effective i.e. operative with effect from 15th November, 2019. The Scheme shall take effect from the Appointed Date which is 1st April, 2018. A copy of the Order along-with the Scheme is enclosed herewith for your record. Kindly acknowledge the receipt and take the same on record.
  4. Scrip code : 539660
    Name : BEST AGROLIFE LIMITED
    Subject : Intimation Of Final Date Of Hearing Of The Scheme Of Arrangement For Amalgamation Of Best Agrochem Private Limited (Transferor Company/Petitioner Company 1) With Best Agrolife Limited (Formerly Known As Sahyog Multibase Limited) With reference to Regulation 30 of SEBI (Listing Obligations & Disclosure Requirement) Regulations, 2015, this is to inform you that the Hon’ble National Company Law Tribunal, Principal Bench, at New Delhi, vide its order dated 08th November, 2019, have fixed the date of hearing as 19th December, 2019 for approval of the Scheme. Copy of order is annexed herewith.
  5. Scrip code : 503101
    Name : Marathon Nextgen Realty Ltd
    Subject : Announcement under Regulation 30 (LODR)-Scheme of Arrangement Approval of Draft Scheme of Amalgamation of Marathon Nextgen Townships Private Limited (WOS) with Marathon Nextgen Realty Limited, u/s 233 of the Companies Act 2013
  6. Scrip code : 542285
    Name : Axita Cotton Limited
    Subject : Corporate Action-Board recommends Bonus Issue 2. Recommended the issuance of bonus equity shares in the ratio of 1:1 [i.e. 1 (One) bonus equity share of ? 10/- each for every 1 (One) fully paid-up equity share held as on record date] subject to the approval of shareholder’s approval. The record date for reckoning eligible shareholders entitled to receive bonus shares will be communicated later.
  7. Scrip code : 538446
    Name : MONEYBOXX FINANCE LIMITED
    Subject : Corporate Action-Board to consider Bonus Issue This is to inform you that the Board of Directors at its meeting held on today i.e. November 13, 2019 has recommended Bonus Issue of Equity Shares in the ratio in the ratio of 10:1 i.e. 1 (One) new Equity Share for Rs. 10/- each fully paid-up for every 10 (Ten) existing equity shares of Rs. 10/- each fully paid-up held by the shareholders of the Company as on the Record Date. The details pertaining to the Bonus issue of Equity Shares as per Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is provided in the Annexure. You are requested to kindly take the above information on your records

Daily Bulletin (November, 14 2019)

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20191114-32

  1. Scrip code : 512165
    Name : ABans Enterprises Limited
    Subject : Announcement under Regulation 30 (LODR)-Acquisition In terms of Regulation 30 of SEBI (LODR) Regulations, 2015, we wish to inform you that the Board of Directors at their meeting held today have considered and approved Acquisition of Zicuro Technologies Private Limited, a entity owned by our Promoter and Managing Director, Mr. Abhishek Bansal and Mrs. Shriyam Bansal, Non Executive Director, at an aggregate consideration of Rs. 6,03,621/- (Rupees Six Lakh Three Thousand Six Hundred and Twenty only). The disclosure pursuant to Regulation 30 read with Schedule III of SEBI (LODR) Regulations, 2015 is enclosed as ‘Annexure II’.
  2. Scrip code : 539254
    Name : Adani Transmission Limited
    Subject : Announcement under Regulation 30 (LODR)-Acquisition Acquisition of ‘Lakadia Banaskantha Transco Limited & Jam Khambaliya Transco Limited’ from REC Transmission Projects Company Ltd.
  3. Scrip code : 540047
    Name : Dilip Buildcon Limited
    Subject : Announcement under Regulation 30 (LODR)-Acquisition Disclosure under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding acquisition of shares of Deevin Sesmic Systems Private Limited.
  4. Scrip code : 533274
    Name : Prestige Estates Projects Limited
    Subject : Acquisition Of 100% Equity Stake In Prestige Falcon Realty Ventures Private Limited This is to inform that Prestige Estates Projects Limited (hereinafter referred as Company) has acquired 100% equity stake in its step down subsidiary M/s. Prestige Falcon Realty Ventures Private Limited (hereinafter referred as Target Entity) from its direct subsidiary M/s. Prestige Retail Ventures Limited. Before acquisition,Prestige Retail Ventures Limited (“PRVL”) wholly owned subsidiary of the Company was holding 100% equity stake in the Target Entity.
  5. Scrip Code:542285
    Name: Axita Cotton Limited 
    Bonus issue Inter alia, recommended the issuance of bonus equity shares in the ratio of 1:1 [i.e. 1 (One) bonus equity share of Rs.10/- each for every 1 (One) fully paid-up equity share held as on record date] subject to the approval of shareholder’s approval.

Daily Bulletin (November 13, 2019)

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20191113-25

  1. Scrip code : 540497
    Name : S Chand And Company Limited
    Subject : Announcement Under Regulation 30 (LODR)-Updates-Merger Between Wholly Owned Subsidiaries Announcement under Regulation 30 (LODR)-Updates-Merger between wholly owned subsidiaries
  2. Scrip code : 502937
    Name : Kesoram Industries Ltd
    Subject : Announcement under Regulation 30 (LODR)-Press Release / Media Release In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed a Press Release dated 12th November, 2019 on the Demerger of the Tyre Business of the Company, for your information and record.
  3. Scrip code : 532528
    Name : Datamatics Global Services Limited
    Subject : Announcement under Regulation 30 (LODR)-Scheme of Arrangement Pursuant to Regulation 30 read with Schedule III and Regulation 37 of the Listing Regulations, we wish to inform the stock exchanges that the Board of Directors of DGSL (“Board”) at its board meeting held today i.e. November 13, 2019 has, inter alia, approved the draft Scheme. Scheme of Amalgamation by way of an absorption is presented under Section 232 read with Section 230 and other applicable provisions of the Companies Act, 2013 and the rules and regulations made thereunder, for amalgamation and vesting of Datamatics Digital Limited (“DDL” or “Transferor Company”) with and into Datamatics Global Services Limited (“DGSL” or “Transferee Company”) (“Scheme”).
  4. Scrip code : 524572
    Name : Pharmaids Pharmaceuticals Ltd.
    Subject : Announcement under Regulation 30 (LODR)-Scheme of Arrangement Dear Sir, Please find attached Intimation Record date for allotment of Equity Shares pursuant to Scheme of Amalgamation (”Scheme”) of Emergent Bio Naturals Limited (“Transferor Company”) with Pharmaids Pharmaceuticals Limited (“Transferee Company”) Thanks&regards S.Venkat Rao Compliance Officer
  5. Scrip code : 541578
    Name : Varroc Engineering Limited
    Subject : Scheme Of Amalgamation Of Wholly Owned Subsidiary, Varroc Lighting Systems (India) Private Limited (“VLSIPL Or Transferor Company”), With Varroc Engineering Limited (“VEL Or Transferee Company”). The Board of Directors of the Company, at its meeting held today i.e. November l2, 2019, which commenced at 1:00 p.m. and concluded at 02:30 p.m. has considered and approved the Scheme of Amalgamation of wholly owned subsidiary, Varroc Lighting Systems (India) Private Limited (“VLSIPL or Transferor Company”), with Varroc Engineering Limited (“VEL or Transferee Company”).
  6. Scrip Code:522215
    Name: Swiss Glasscoat Equipments Ltd.
    The Board noted that the Hon’ble National Company Law Tribunal, Ahmedabad Bench (“NCLT”) has sanctioned the Composite Scheme of Arrangernent involving Demerger and Transfer of the Operating Business of HLE Engineers Private Limited to Swiss Glascoat Equipments Limited and Amalgamation of Yashashvi Agrochernical Private Limited with HLE Engineers Private Limited and their respective Shareholders and Creditors (‘Scheme’) under Sections 230 to 232 read with Section 66 of the Companies Act,2013 and other applicable provisions of the Act and the Rulesles framed thereunder. The ceftified copy of Order of the NCLT, sanctioning the Scheme has not yet been received by the Company.
  1. Scrip Code:538446
    Name: MONEYBOXX FINANCE LIMITED
    Bonus issue Inter alia, approved the following: 1, Approved and recommended the issuance of fully paid up Bonus Sharein the ratio of 10: 1 i.e. 1 (One) new Equity Share for Rs. 10/- each fully paid-up for every 10 (Ten) existing equity shares of Rs. 10/- each fully paid-up held by the shareholders of the Companyas on the Record Date.
  2. Scrip Code: 524200
    Name: Vinati Organics Ltd
    Stock Split Inter alia, has considered and approved the following business matters subject to the approval of shareholders through postal ballot: Sub-division of Equity Shares of the Company from one (1) Equity Share of face value of Rs. 2/- each to two (2) Equity Shares of face value of Re. 1/- each at a Record Date to be determined by the Board of Directors subsequent to the approval of the shareholders through postal Ballot

 

Daily Bulletin (November 11, 2019)

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20191111-28

  1. Scrip code : 533217
    Name : Hindustan Media Ventures Limited
    Subject : Corporate Action-Updates on Amalgamation/ Merger / Demerger Sanction of Scheme of Arrangement u/s 230 to 232 of the Companies Act, 2013 between Hindustan Media Ventures Limited (“Resulting Company”) and India Education Services Private Limited (“Demerged Company”) and their respective shareholders. This is in furtherance of our letter dated 16th October, 2017 informing the stock exchanges that the Board of Directors of the Company had approved a Scheme of Arrangement u/s 230 to 232 of the Companies Act, 2013 between the Company (HMVL) and India Education Services Private Limited (IESPL) and their respective shareholders [“Scheme”]. This was followed by another intimation vide our letter dated 9th March, 2019, on the outcome of meeting of Equity Shareholders and Unsecured Creditors of HMVL approving the Scheme. We have to now inform the stock exchanges updates on the scheme as given under attached file
  2. Scrip code : 502937
    Name : Kesoram Industries Ltd
    Subject : Announcement under Regulation 30 (LODR)-Scheme of Arrangement Dear Sirs, In compliance of Regulation 30 read with Part A of Schedule III of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 please be informed that the National Company Law Tribunal, Kolkata has sanctioned vide its Order dated 8th November, 2019, the ‘Scheme of Arrangement’ filed by the Company under section 230 and 232 of the Companies Act, 2013 by approving the demerger of the Tyre business of the Company to a separate Company Birla Tyres Ltd with effect from the 1stday of January, 2019. A copy of the said Order is enclosed for your information and records. You are requested to disseminate the above information on your platform for the benefit of all the stakeholders at large. Thanking you. For Kesoram Industries Limited
  3. Scrip code : 506935
    Name : Continental Chemicals Ltd.,
    Subject : Updates on Open Offer D & A Financial Services (P) Ltd (“Manager to the Offer”) has submitted to BSE a copy of recommendations of the Committee of Independent Directors (IDC) on the Open Offer to the Shareholders of Continental Chemicals Ltd (“Target Company”) under Regulation 26(7) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (SEBI SAST Regulations), as amended till date
  4. Scrip code : 531225
    Name : Frontier Informatics Limited
    Subject : Updates on Open Offer Saffron Capital Advisors Pvt. Ltd (“Manager to the Open Offer”) has submitted to BSE a copy of Advertisement pursuant to Regulation 18(7) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and subsequent amendments thereto (“SEBI (SAST) Regulations”) to the Public Shareholders of Frontier Informatics Ltd (“Target Company”).
  5. Scrip code : 511108
    Name : Shiva Texyarn Ltd.
    Subject : Announcement under Regulation 30 (LODR)-Acquisition Pursuant to the provisions of the Listing Regulations, we wish to inform you that the Board of Directors of the Company at its meeting held on Monday, 11th November 2019 has inter-alia considered the following:- Gave In-principle approval for the acquisition of 4,000 Equity Shares of M/s. L K Distributors Private Ltd subject to applicable provisions. Details pursuant to Regulation 30 of the Listing Regulations are annexed herewith.
  6. Scrip code : 524394
    Name : Vimta Labs Ltd.
    Subject : Announcement under Regulation 30 (LODR)-Acquisition Board at its Meeting held today, has decided to acquire 100% equity shares of M/s Emtac Laboratories Private Limited and to make it a wholly owned subsidiary of the company subject to the necessary approvals from the financial institutions, if any. The disclosure for the proposed acquisition specified under Part A of schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 is enclosed hereto as Annexure A
  7. Scrip Code: 523319
    Name: Balmer Lawrie & Co. Ltd.,
    Inter alia, approved the following: a. Recommendation for issuance of Bonus Shares of the Company in the ratio of 1:2 i.e., 1(One) new Equity Bonus Shares of Rs.10/- each fully paid up each of the Company is to be issued for every 2 (Two) existing equity share of Rs.10/- each fully paid up of the Company held by the shareholders on the record date. Page 7 bu111119. Record Date: 23 December, 2019.
    Proposal to capitalize Rs. 57,00,12,820/- out of the existing reserve and surplus of the Company to issue the aforesaid bonus shares and thereby increasing the paid up capital from Rs. 1,14,00,25,640 to Rs. 1,71,00,38,460.
  8. Scrip Code: 533470
    Name: Rushil Decor Limited  
    Rights Issue Inter alia, has considered and approved following 1. Issuance of equity shares of the Company for an amount aggregating upto Rs. 25 Crore (Rupees Twenty Five Crore) by way of right issue to the eligible equity shareholders of the Company as on record date (to be notified subsequently) in accordance with applicable law, including the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018
  9. Scrip Code: 514386
    Name:Gujarat Cotex Ltd
    Equity Stock Split from Rs. 10/- to Rs. 5/- each

 

Daily Bulletin (8th November, 2019)

 

DispNewNoticesCirculars.aspx?page=20191108-35

Scrip code : 514386

Name : Gujarat Cotex Ltd

Subject : Corporate Action-Intimation of Sub division / Stock Split Intimation for Corporate Action for Split of Share

 

Scrip code : 539450

Name : S H Kelkar and Company Limited

Subject : Corporate Action-Amalgamation/ Merger / Demerger

Scheme of Merger by Absorption of Keva Chemicals Private Limited (“KCPL”) and Saiba Industries Private Limited (“SIPL”) and Rasiklal Hemani Agencies Private Limited (`RHAPL”) by S H Kelkar and Company Limited (“SHK” or “the Company”) and their respective Shareholders and Creditors

 

Scrip code : 957176

Name : Reliance Industries Ltd

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

We had informed that Reliance Industrial Investments and Holdings Ltd(”RIIHL”), a wholly owned subsidiary of the Company, had acquired 12.7% shareholding in SkyTran Inc. on a fully diluted basis with an option to further invest an amount upto USD 25 million in convertible notes, vide our disclosure dated October 17, 2018.Pursuant to a Composite Scheme of Arrangement approved by the National Company Law Tribunal, Ahmedabad Bench, vide order dated September 5, 2019, the said investment in SkyTran made by RIIHL has vested in Reliance Strategic Business Ventures Ltd (RSBVL), a wholly owned subsidiary of the Company. On November 6, 2019, RSBVL has acquired further shares in SkyTran Inc. to increase its shareholding in SkyTran Inc. to 17.37% on a fully diluted basis.No regulatory approvals were required for the said acquisition of shares. The investment does not fall within related party transaction and none of the Company”s promoter/promoter group/group companies have

Shankara Building Products

Year FV CMP Market Cap  52 Week High 52 Week Low  Equity Capital Net Worth Long Term Debt Short Term Debt Total Sales PAT BV EPS P/E P/BV Promoter’s Holdings
Rs Rs Rs Cr. Rs Rs Rs Cr. Rs Cr. Rs Cr. Rs Cr. Rs Cr. Rs Cr. Rs. Rs %
Q 1 20 10 440 1005 1455 240 22.84 485.8 2.43 639.81 6.77 212.70 2.96 37.1 2.07 56.21
2019 10 368 841 569 240 22.84 479.03 2.43 192.69 2654.10 32.78 209.73 14.35 25.6 1.75 56.21
2018 10 526 1201 2095 487 22.84 455.69 0.85 241.96 2549.30 73.85 199.51 32.33 16.3 2.64 56.21
2017 10 1778 4061 2365 545 22.84 393.60 5.93 210.00 2310.40 60.20 172.33 26.36 67.5 10.32 56.21

 

SHANKARA BUILDING PRODUCTS LTD
COMMON SIZE BALANCE SHEET 
Particulars  FY 19 FY 18 FY 17 
Rs. Cr. % Rs. Cr. % Rs. Cr. %
LIABILITIES 
Shareholders’ funds
Share capital 22.84 2.1 22.84 1.9 22.8 2.4
Reserves and surplus 456.19 41.0 432.85 35.7 370.8 39.1
Minority Interest 0.06 0.01 0.06 0.005 0.04 0.004
Non-Current Liabilities
Long-term borrowings 2.43 0.2 0.85 0.1 5.93 0.6
Deferred tax liabilities (Net) 20.64 1.9 16.94 1.4 16.1 1.7
Other Long term liabilities 0.02 0.002 0.015 0.001 0.015 0.002
Long-term provisions 0.34 0.031 0.3 0.025 0.8 0.1
Current Liabilities
Short-term borrowings 192.69 17.3 241.96 20.0 210.1 22.2
Trade Payables 381.43 34.3 460.46 38.0 261 27.5
Other current liabilities 14.27 1.3 8.49 0.7 41.7 4.4
Other financial liabilities  16.7 1.5 18.9 1.6 0.0
Short-term provisions 1.96 0.2 0.95 0.1 18.6 2.0
Current tax liabilities (Net) 2.3 0.2 8.08 0.7
Total Current Liabilities  609.35 738.84 531.4
TOTAL 1111.9 100.0 1212.7 100.0 948 100.0
ASSETS
Non-current assets
Fixed Assets ( Tangibles) 225.2 20.25380208 272.57 22.48 244.97 25.84
Investment Property  7.05 0.634055527 0.13 0.01
Intangible Assets 6.61 0.594483267 10.35 0.85
Capital Work in Progress 4.25 0.382232055
Goodwill on consolidation 14.04 1.262714837 14.04 1.16 14 1.48
Trade receivables  3.95 0.355250969 3.14 0.26
Long-term loans and advances 14.82 1.332865661 17.95 1.48 13.92 1.47
Other non-current assets 1.39 0.125012366 2.61 0.22 4.19 0.44
0
Current assets  0
Inventories 382.94 34.44045724 415.7 34.28 279.4 29.48
Trade receivables  333.58 30.00116918 424.05 34.97 312.2 32.94
Cash and Bank balance 17.46 1.57029922 5.99 0.49 66.2 6.98
Other Financial assets 1.28 0.115119301 1.16 0.10
Short-term loans and advances 0 0.00 12.9 1.36
Other Current Assets 29.55 2.657636996 45 3.71 0.08 0.01
Current Tax asset (Net) 0.69 0.062056498
Non Current Assets Held for Sale 69.08 6.212844796
Total Current Assets  834.58 891.9 670.78
TOTAL 1111.9 100 1212.7 100.00 948 100.00

 

 

Ratio  Formula  FY 19 FY 18 FY 17
Solvency Ratios
Debt to Equity  Total debt/ Total Equity 0.41 0.53 0.55
Debt to Capital  Total Debt/Total Capital(Debt+ Equity) 0.29 0.35 0.35
Debt to Assets  Total Debt/Total Assets 0.18 0.20 0.23
Financial Leverage   Total Assets/  Total equity 2.32 2.66 2.41
Interest Coverage  EBIT/ Interest Payments
Fixed Charge coverage  (EBIT + Lease payments)/(intrest+lease payments)
Liquidity Ratios 
Current Ratio Current Assets/Current Liabilities 1.369623369 1.207162579 1.262288295
Quick Ratio (Cash+marketable securities+Receivables)/Current Liabilities 0.576089275 0.582047534 0.712081295
Cash Ratio (Cash+marketable securities)/Current Liabilities

 

SHANKARA BUILDING PRODUCTS LTD
COMMON SIZE PROFIT AND LOSS ACCOUNT
FY 19 FY 18 FY 17
Particulars  Rs. Cr. % Rs. Cr. % Rs. Cr. %
INCOME
Revenue from Operations (Gross) 2654.1 2548.66 2466.7
Less: Excise Duty -156.6
Revenue from Operations (Net) 2310.1
Other Income 4.42 0.64 0.286
TOTAL REVENUE  2658.5 100 2549.3 100 2310.4 100
EXPENSES
Cost of materials consumed 1368.23 51.47 1276.44 50.07 1034.93 44.79
Purchases of Stock-in-Trade 987.82 37.16 1010.41 39.63 962.44 41.66
Changes in inventories 3.28 0.12 -88.28 -3.46 -17.98 -0.78
Employee benefits Expense 64.26 2.42 55.94 2.19 49.4 2.14
Finance Costs 56.6978 2.13 46.34 1.82 50.75 2.20
Depreciation and amortization Expense 18.62 0.70 13.59 0.53 11.4 0.49
Other expenses 111.06 4.18 118.94 4.67 126.974 5.50
TOTAL EXPENSES 2610 98.17 2433 95.45 2217.91 96.00
Profit before Taxation 48.6 1.83 116 4.55 92.5 4.00
Total Tax Expense  15.78 0.59 42.1 1.65 32.22 1.39
PROFIT AFTER TAX 32.8 1.23 73.8 2.90 60.25 2.61

 

Ratio  Formula  FY 19 FY 18 FY 17
Profitability Ratios
Net Profit Margin PAT/ Revenue 1.233 2.897 2.608
Return on Assets  Net Income/Total Assets 2.948 6.090 6.357
Return on Total Capital EBIT/Total Capital 7.202 16.596 15.169
Return on Equity Net Income/Total Equity 6.842 16.206 15.308