Daily Notification as on 22nd June,2020

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20200622-49

1. Scrip code : 532727
Name : Adhunik Metaliks Ltd.
Subject : Letter Of Offer To Be Given To Eligible Public Shareholders For Delisting Of Shares Of The Company
In Accordance With The Approved Resolution Plan And The SEBI (Delisting Of Equity Shares) Regulations, 2009 (“Delisting Regulations”) In terms of Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015, as amended from time to time, please find attached herewith Letter of Offer by LHG Metal Two Private Limited to the Eligible Public Shareholders of the Company in terms of the Resolution Plan approved under the Insolvency and Bankruptcy Code, 2016 and in terms of the Delisting Regulations.

2. Scrip code : 504918
Name : Sandur Manganese & Iron Ores Ltd.,
Subject : Announcement Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015- Receipt Of Trading Approval This is in reference with our earlier letter dated 30 March 2020 informing that the Board of Directors has in its meeting held on 30 March 2020, in pursuance of order dated 04 March 2020 passed by Hon’ble National Company Law Tribunal sanctioning the Scheme of Amalgamation of Star Metallics and Power Private Ltd (Transferor Company)(SMPPL) with The Sandur Manganese & Iron Ores Limited (Transferee Company)(SMIORE) with their respective shareholders and creditors (the ‘Scheme’), allotted 2,51,941 shares to shareholders of SMPPL. We wish to inform that we are in receipt of e-letter dated 19 June 2020 from BSE Limited according approval for trading of 2,51,941 equity shares of Rs. 10/- each bearing distinctive nos. 8750001 to 9001941, issued pursuant to the Scheme, effective from Monday, 22 June 2020. Consequently, the listed equity share capital shall stand enhanced from Rs.8,75,00,000 to Rs.9,00,19,410 i.e. 90,01,941 equity shares of Rs.10 each.

3. Scrip code : 513262
Name : Steel Strips & Wheels Ltd
Subject : SSWL Receives New Orders For Close To Euro 100K From Europe & US
SSWL has bagged firm exports orders for over 12,000 wheels for EU & US Caravan Trailer & US Mobile Home Market to be executed within July from its Chennai plant. This reaffirms gradual re-start of operations in EU & US post Covid lockdown. Additional orders are expected in coming weeks from several other regular customers as the market begins to recover.

4. Scrip code : 516030
Name : YASH PAKKA LIMITED S
Subject : Corporate Action-Amalgamation/ Merger / Demerger
Approval of Draft Scheme of Merger by absorption of Yash Compostables Limited

Shri Renuka Sugar Ltd. (June 19, 2020)

 

 

Sugar

FV – Rs 1; 52wks H/L – 10.91/3.2; TTQ (Lac) – 3.47; CMP – Rs 7.69 (As On June 19, 2020); Market Cap – Rs 1474.03 Crs

Consolidated Financials and Valuations (Amt in Rs Crs unless specified)

Shri Renuka Sugars Ltd
Year Equity Capital Net Worth Long Term Debt Total Sales PAT BV EPS P/E P/BV Promoter’s Holdings
Rs Cr. Rs Cr. Rs Cr. Rs Cr. Rs Cr. Rs Rs %
2019/20 (9M) 192 1744 2228 3504 2095 9.10 10.93 0.53 0.85 50.03
2018/19 192 -3008 2524 4718 -2037 -15.69 -10.63 50.05

 

One off profit from discontinued operations was Rs 2516 Cr for 9m FY20

 

Peer Comparison:

 

Shri Renuka Sugar (9m) Triveni Engg Balrampur (9m) Dhampur
Price (Rs) 7.69 53.9 128.9 129.7
FV (Rs) 1 1 1 10
Market Cap 1474 1336 2836 861
Equity 192 25 22 66
Net Worth 1744 1339 2173 1362
Total Debt 2228 1387 1526 1617
Sales 3504 4473 3019 3556
Net Profit 2095 335 278 216
EPS (Rs) 10.9 13.5 12.6 32.4
BV (Rs) 9.1 54.0 98.8 204.9
PE 0.5 4.0 7.7 4.0
PB 0.8 1.0 1.3 0.6
Crushing Capacity(TCD) 37500 76500 45500
Tonnage (MT) 1.01 0.483 0.766

 

Triveni Engg Crushing Capacity : 8.5 MT for fy 2020

  

 

Price Chart: 

About the Company :

 

Since 2019, Wilmar Sugar Holding Pte.Ltd has become the holding Company by acquiring 58.34% of stake

 

Shree Renuka Sugars is a global agribusiness and bio-energy corporation. The Company is one of the largest sugar producers in the world, the leading manufacturer of sugar in India, and one of the largest sugar refiners in the world. 

Sugar: The Company operates seven sugar mills in India with a total crushing capacity of 7.1 MTPA or 37,500 TCD and two port based sugar refineries with capacity of 1.7 MTPA.

 

Ethanol: The Company manufactures fuel grade ethanol that can be blended with petrol. Distillery capacity is 930 KLPD (630 KLPD from molasses to ethanol and 300 KLPD from rectified spirit to ethanol).KBK Chem-Engineering (100% subsidiary) facilitates turnkey distillery, ethanol and bio-fuel plant solutions

 

Power:The Company produces power from bagasse (a sugar cane by product) for captive consumption and sale to the state grid in India. Total Cogeneration capacity is 242 MW with exportable surplus of 135 MW.

 

Segment

FY 19

Contribution % Amount (Rs. Crs)
Sugar 77.16 3689.37
Ethanol 11.06 528.63
Co Generation 8.46 404.49

 

Recent News: 

In a regulatory filing on June 3, the company said its board approved the proposal for raising funds from its holding company Wilmar Sugar Holdings through external commercial borrowings (ECB) to refinance existing debts.

“The board also passed resolutions for increasing the borrowing limits under Section 180(1)(c) of the Companies Act, 2013 (the Act) from the existing Rs 6,000 crore to Rs 10,000 crore, and the corresponding limits for creating a charge on the assets of the company to secure such borrowings under Section 180(1)(a) of the Act,” the company said.

Daily Notification as on 19th June,2020

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20200619-44

1. Scrip code : 513262
Name : Steel Strips & Wheels Ltd
Subject : SSWL Wins Truck Steel Wheels New Order For Over USD 110K From USA
SSWL is glad to inform that it has bagged fresh Exports order for Truck & Trailer market from USA. Order comprises supplies of over 2,700 truck steel Wheels in July from its Chennai plant. Total revenue generated by this additional order would be over USD 110K. This repeat order from regular customer indicates SSWL’s status as a preferred supplier in the high potential US Truck Trailer Steel wheels market. Additional orders for larger quantities are expected in coming weeks from several other regular customers in USA. This order accelerates the production ramp-up of SSWL Chennai Truck wheels plant post Covid19 shutdown. Kindly take the same on your records

Bharat Heavy Electricals Ltd

Bharat Heavy Electricals Ltd
Housing Finance
FV – Rs 2; 52wks H/L –75.5/19.2; TTQ – 1.7 Crores; CMP – Rs 31 (As On June 18, 2020);                                 

Market Cap – Rs 10847 Crs

Consolidated Financials and Valuations (Amt in Rs Crs unless specified)

 
Equity Capital

Net worth
Debt
Total
Sales
PAT
BV
(Rs)

EPS (Rs)

P/E

P/BV

Promoter’s
Stake
FY20 696.41 28652 5023 22054 -1468 82 -4.2 0.3 63.17

 

Financials:

Particulars 2020 2019 2018 2017 2016
  (Rs. Crs)
Networth 28652 30866 32331 32388 33173
Sales 22054 31029 29753 30490 27810
PAT -1468 1009 1215 455 -896

 

Price History:

Year Open (Rs.) High (Rs.) Low (Rs.) Close (Rs.)
2016 169 175 90.4 121.05
2017 121 182.65 82.3 92.6
2018 92.9 108 61.55 73
2019 73.85 78.75 41.35 43.45
2020 43.55 47.75 19.2 27.45

On 28 September 2017, there was a bonus issue of 1:2.

Dividend Declared:

Year 2016 2017 2018 2019
Dividend (Rs.) 1.2 1.58 1.82 1.2

 

Notifications:

BHEL commissions 270 MW Thermal power plant in Telanqa. (https://www.bseindia.com/xml-data/corpfiling/AttachHis/ee536ab9-201c-42f7-92a1-3dd4e403953e.pdf)

BHEL invites Global OEMs to Leverage Its Facilities and Capabilities to ‘Make in India’ (https://www.bseindia.com/xml-data/corpfiling/AttachHis/24f33bd2-22f8-4f1e-b44b-52282c25b4ba.pdf)

BHEL has signed a MOU with Energy Efficiency Services Ltd (EESL) for electric mobility on various highways pan India. (https://www.bseindia.com/xml-data/corpfiling/AttachHis/9467a61f-ed43-44dc-b336-352fc2aa0b0b.pdf)

BHEL launches multi-dimensional Transformation Strategy; Focuses on converting challenges of rapidly changing business environment into opportunities (https://www.bseindia.com/xml-data/corpfiling/AttachHis/575b8d43-f2ca-4f34-8433-d0c584ce6a72.pdf)

BHEL commissions 14 Pumping Units of Kaleshwaram Lift Irrigation Scheme in Telangana in a record period of six months (https://www.bseindia.com/xml-data/corpfiling/AttachHis/7347536b-c73a-4fbd-9e60-9b35242f3934.pdf)

BHEL wins order for R&M and Upratinq of Chilla HEP (https://www.bseindia.com/xml-data/corpfiling/AttachHis/ccb78a3e-2af2-4eb6-ba2a-dd8ebf9db400.pdf)

BHEL commissions 800 MW supercritical thermal power plant in Gujarat (https://www.bseindia.com/xml-data/corpfiling/AttachHis/54f32010-c173-47b6-9056-27e02822b416.pdf)

BHEL Net Profit up by 51%; 100% Dividend Declared Renewed Thrust on Diversification to Drive Next Wave of Growth (https://www.bseindia.com/xml-data/corpfiling/AttachHis/3b017cb3-b33e-4ad1-af0f-16b6eb68c4fe.pdf)

BHEL wins Rs.450 Crore order for Emission Control System (https://www.bseindia.com/xml-data/corpfiling/AttachHis/567fc503-8bb3-4a9c-991b-d3bb5048a604.pdf)

BHEL has invested Rs 5.0 Cr (five crores only) as equity in NEELANCHAL ISPAT NIGAM LIMITED (NINL) (https://www.bseindia.com/xml-data/corpfiling/AttachHis/9de3d3df-dcff-4339-8c94-016fb03f75e8.pdf)

Daily Notification as on 18th June,2020

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20200618-35

1. Scrip code : 533270
Name : Bedmutha Industries Limited
Subject : Company Bags Export Tender Worth 816345 US$
Company bags Export Tender worth 816345 US$

2. Scrip code : 500690
Name : Gujarat State Fertilizers & Chem.Ltd
Subject : Discontinuation Of Manufacturing Operations Of Fibre Unit And Polymers Unit Of The Company.
In terms of regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations, 2015, it is hereby informed that the Board of Directors at their meeting held on 18th June, 2020 has decided to discontinue manufacturing operations of its Fibre Unit situated at Kosamba, Dist: Surat – 394 120 and Polymers Unit situated at Nandesari, Dist: Vadodara – 391 346. The Company is planning to set up new Project at its Polymers Unit by appointing Consultant. For its Fibre Unit, the Company is evaluating various options to utilize existing land and infrastructure facilities available there at including development of logistic park or suitable project for which Consultant is being appointed. However, the final decision will be taken after report of Consultant. The closure does not have any adverse effect on operations of the Company as the total contribution of these units in total margin of the company is negligible.

3. Scrip code : 532555
Name : NTPC Limited
Subject : Declaration Of Commercial Operation Of Unit-1 Of 150 MW Of Kameng Hydro-Electric Project (4X150 MW) Of North Eastern Electric Power Corporation Limited (A Wholly Owned Subsidiary Company Of NTPC Limited)
In line with the Corporate Disclosure requirements, we wish to inform that Unit-1 of 150 MW of Kameng Hydro-Electric Project (4×150 MW) of North Eastern Electric Power Corporation Limited (a wholly owned subsidiary company of NTPC Limited) is declared on commercial operation w.e.f 00:00 Hrs. of 17.06.2020. With this, the commercial capacity of NTPC group has become 61,936 MW.

Granules India Ltd

Granules India Ltd

Pharmaceuticals
FV – Rs 1; 52wks H/L – 217.30/84.25; TTQ – 65 K; CMP – Rs 209 (As On June 15, 2020);                     

            Market Cap – Rs 5307 Crs

Consolidated Financials and Valuations (Amt in Rs Crs unless specified)

 
Equity Capital

Net worth
Debt
Total
Sales
PAT
BV
(Rs)

EPS (Rs)

P/E

Industry P/E

P/BV

Promoter’s
Stake
FY20 25.42 1844 794 2635 335 74 13.2 16 31.51 2.9 42.86
FY19 25.42 1529 933 2306 236 61 9.3 22.4 31.51 3.4 42.90

Granules India To Buyback Shares For Up To Rs. 2.5 Bln  (4.9% of paid up capital) at a tender price of RS. 200 per share. (https://www.bseindia.com/xml-data/corpfiling/AttachHis/67fdc713-7457-4915-90e6-83c0cb4fe8ed.pdf)

 

Slow growth in Q4 FY20 stemmed from the government ban on export of all forms of paracetamol. With the ban no longer in place, expects growth to pick up in Q1 FY21 as demand for paracetamol has risen amid the Covid-19 pandemic. Management is upbeat about the near-term performance and expects to beat its previous guidance of 20% topline growth in FY21.

Its dominance in key APIs (paracetamol, ibuprofen, metformin) would help Granules emerge a prime beneficiary as the Covid-19 outbreak has led to a surge in demand for such drugs. Granules is likely to retain strong position for the next couple of years as the ban is lifted by the government for supply of Paracetamol Drugs which would boost revenues.

Overview:

  • Granules India Limited is one of the vertically integrated growing pharmaceutical manufacturing company in India today.
  • Based out of Hyderabad, India, they are into manufacturing Active Pharmaceutical Ingredients (APIs), Pharmaceutical Formulation Intermediaries (PFIs) and Finished Dosages (FDs).
  • Granules is one of the most cost-effective and efficient manufacturers of APIs. It is also one of the global leaders in the manufacturing of Paracetamol, Metformin, Guaifenesin, and Methocarbamol.
  • The company has 7 manufacturing plants out of which 6 are operational and 1 is under implementation.
  • Its overseas markets are as crucial over 75% of the total turnover generating from export sales primarily in North America, Europe, and Latin American countries. Domestic market accounts for approximately 25% of the business.
  • Granules’ has a presence in more than 60 countries; the Company caters to more than 250 clients across the globe. Its strong manufacturing capabilities coupled with customer centricity have helped to achieve this spread.

Q4 FY20 revenue break-up:

 Verticals-wise:

  1. FD – 57%,
  2. API – 30%,
  3. PFI – 13%.

Geographically:

  1. North America–58%,
  2. Europe–14%,
  3. India—17

Key Updates:

  • Reduction of Net debt position by 33% from the year ended March 31, 2019. ROE and ROCE Improved to 19.9% and 20.5%, respectively, mainly due to the improved profits.
  • Completed divestment of two non-strategic JVs; Biocause & Omnichem and received consideration of Rs 222 Crs out of which Rs 11 Crs was received in May 2020 although the divestment recorded in FY20.
  • Received approvals for 12 this year; Total approvals stand at 29 products till date.
  • Filed 45 ANDAs, 16 CEPs and 20 US DMFs as of March 31, 2020.
  • Launched 5 products in the US as on March 31, 2020.
  • Invested Rs40cr as part of maintenance CAPEX towards enhancing capacities at Gagillapur which will start yielding results from April 2020.
  • Completed USFDA Audit for Gagillapur facilities in Hyderabad and Receive EIR for GPI in the US.
  • The company has completed capitalisation of Unit-5 Vishakhapatnam and started from Q4 FY20 to depreciate the assets. Management said this unit would be the next growth engine for the company

Management:

  • Krishna Prasad Chigurupati – Chairman & MD
  • Sandeep Neogi – CFO

Shareholding Pattern:

37.62% of the Promoter holding is pledged.

Share Price Trend:

Share Price Snapshot :

Year Open High Low Close
2010 90.2 116.55 85.3 94.5
2011 97.35 102.9 55 61.05
2012 62 234.5 60.05 157.7
2013 158.95 207.6 90.15 195.55
2014 195.5 940.55 189 827.35
2015 828.5 1,017.10 75.2 149.1
2016 148 151.65 91.45 107.95
2017 107.85 157 97.8 137.3
2018 137.65 150.5 71.75 89.65
2019 89.25 135.85 83.7 123.1
2020 124.15 217.3 114.5 184.75

 

Consolidated Financials:

Particulars 2015 2016 2017 2018 2019 2020
Sales  1084 1292 1357 1411 2306 2635
Net Profit 75 91 123 165 236 335
EPS (Rs.) 3.65 0.43 5.59 7.19 9.3 13.2
Share Capital  20 22 23 25 25 25
Networth 431 662 904 1304 1529 1844
Book Value (Rs.) 22 30 39 52 61 74
Debt 482 641 656 978 991 793
Fixed Assets  617 560 644 777 944 1,350
Investments 0 70 108 157 210 19

 

Peer Comps:

Name CMP Market Cap. Sales Net Profit Total Assets
(Rs. cr.)  
Sun Pharma 484 116176 32325 4187 56703
Dr Reddys Labs 4013 66682 17460 1970 17382
Divis Labs 2353 62465 5394 1377 7344
Cipla 642 51746 16695 1547 18874
Aurobindo Pharm 769 45047 22738 2845 22233
Lupin 948 42930 15143 -274 16867
Torrent Pharma 2474 41867 7780 1025 9219
Cadila Health 372 38083 12748 1852 18826
Alkem Lab 2345 28038 8344 1149 7972
GlaxoSmithKline 1400 23715 3224 93 1821
Ipca Labs 1618 20444 3773 444 3488
Pfizer 4131 18898 797 137 901
Alembic Pharma 893 16835 4606 801 4938
Ajanta Pharma 1436 12531 2588 468 2642
Natco Pharma 620 11282 2095 642 3877
Glenmark 395 11144 9705 925 9482
JB Chemicals 701 5414 1643 194 1509
Granules India 209 5310 2599 310 2637

 

 

 

Daily Notification as on 15th June,2020

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20200615-57

1. Scrip code : 524164
Name : IOL Chemicals & Pharmaceuticals Ltd
Subject : Announcement under Regulation 30 (LODR)-Allotment
This is to inform you that the Allotment Committee of the Board of Directors of the Company, in its meeting held today i.e. 17th June 2020 at 11:00 AM has allotted 7,18,000 (Seven Lakh Eighteen Thousand) Fully Paid up Equity Shares of Rs 10/- each at a premium of Rs 195/- per share to M/s NCVI Enterprises Limited (promoter group company) upon exercise of the option attached with the Warrants allotted on 30th March 2019. The said shares shall remain locked-in for a period of 3 years from the date of trading approval. Consequent upon issue of the abovesaid 7,18,000 Equity Shares, the total paid-up capital of the Company stands increased at Rs 58,30,55,020 (Rupees Fifty Eight Crore Thirty Lakh Fifty Five Thoudand Twenty Only) divided into 5,83,05,502 (Five Crore Eighty Three Lakh Five Thoudand Five Hundred Two) fully paid equity shares of Rs 10/- each. The meeting was concluded at 11:20 AM. This is for your information & record please.

2. Scrip code : 513262
Name : Steel Strips & Wheels Ltd
Subject : SSWL Wins Truck Steel Wheels New Order For Over USD 400K From USA
SSWL is glad to inform that it has bagged fresh Exports order for Truck & Trailer market from USA. Order comprises supplies of close to 10,000 truck steel Wheels in the period of June to September from its Chennai plant. Total revenue generated by this additional order would be over USD 400K. This new order indicates gradual re-start of operations in US post Covid lockdown. Additional orders for larger quantities are expected in coming weeks from several other regular customers in USA. This order strengthens gradual production ramp-up of SSWL Chennai Truck wheels plant post Covid19 shutdown.

Daily Notification as on 12th June,2020

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20200612-38

1. Scrip code : 505200
Name : Eicher Motors Ltd.
Subject : Board approves Sub-division of Equity Shares
Eicher Motors Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 12, 2020, inter alia, has approved sub-division of equity shares of the Company from the existing one (1) equity share of face value of Rs.10/- each into ten (10) equity shares of face value of Rs. 1/- each. The Record Date for the purpose of sub-division of equity shares shall be decided after obtaining approval for sub-division from the shareholders at the ensuing Annual General Meeting and will be intimated in due course.

2. Scrip code : 523405
Name : JM Financial Limited
Subject : Announcement under Regulation 30 (LODR)-Allotment
Please note that the Committee of the Board of Directors of the Company (the ‘Committee’) has, at its meeting held today i.e. June 12, 2020, approved the allotment of 110,000,000 Equity Shares of face value ? 1 each to eligible Qualified Institutional Buyers at the issue price of ? 70/- per Equity Share (including a premium of ? 69/- per Equity Share) aggregating ? 7,700,000,000/- (Rupees Seven Hundred Seventy Crore only), pursuant to the Issue. The Issue opened on June 9, 2020 and closed on June 12, 2020 and the same was intimated to you through our letters dated June 9, 2020 and June 12, 2020 respectively. Additionally, we are enclosing a list of allottees who have been allotted more than five percent (5%) of the Equity Shares offered in the Issue, marked as Annexure A. The meeting of the Committee concluded at 7.15 p.m.

3. Scrip code : 526415
Name : OK Play India Ltd.
Subject : UPDATE ON SLUMP SALE OF AUTOMOTIVE COMPONENT BUSINESS OF OK PLAY INDIA LIMITED AND ITS WHOLLY OWNED SUBSIDIARY OK PLAY AUTO PRIVATE LIMITED
This is with reference to slump sale of automotive component business of OK Play India Limited and its wholly owned subsidiary OK Play Auto Private Limited to Lumax Auto Technologies Limited which was approved by the Board of Directors in its meeting held on February 24, 2020 and approved by the shareholders in its Extra Ordinary General Meeting on March 20, 2020 which was duly informed to the stock exchange. We would further like to inform you that due to unprecedented pandemic situation and extended lock downs disrupting business continuity, the proposed slump sale (referred above) is being put on hold pending further review and appropriate decision in future.

4. Scrip code : 532810
Name : Power Finance Corporation Ltd
Subject : Clarification /Confirmation On News Item Appearing In The ‘Www.Livemint.Com’ Dated May 26, 2020 Captioned ‘PFC Signs Mou With NBPCL To Fund Projects Worth Rs.22,000 Cr In Madhya Pradesh’
PFC is as a financial institution incorporated for the purpose of financing, facilitating and promoting power sector development in India with the President of India holding 55.99% of our equity share capital. PFC sanctioned loans amounting to Rs.1,00,603 cr during FY 2016-17, Rs.1,16,233 cr during FY 2017-18 and Rs. 95,230 cr during FY 2018-19. An MoU has been executed on 27th May 2020 between PFC & NBPCL, a Government of Madhya Pradesh Undertaking and nodal agency for Narmada Valley Development Department, to facilitate the cooperation towards financing hydro-electric power projects & power components of twelve major multipurpose irrigation projects on river Narmada. Total project cost of all these 12 multipurpose irrigation projects is approximately Rs.22,000 Cr. However, MoU pertains to the intent of PFC for financing the hydro-electric power projects & power components only of the said projects, detailed due diligence is yet to be carried out.

5. Scrip code : 539835
Name : Superior Finlease Limited
Subject : Intimation Under Regulation 30 Of The SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015
This is to inform you that we have received a formal letter from Indian Finance Guaranty Limited (IFGL) dated June 10, 2020 regarding conversion of the loan amount (as granted by Superior Finlease Limited) into Equity Shares and that the said company has allotted 20,00,000/- (Twenty Lakh only) Equity Shares of Rs. 10 face value per share amounting to Rs. 2,00,00,000 (Two Crores Only) to our Company. So, pursuant to above conversion, the shareholding of our Company in IFGL, constituting 38% and therefore IFGL to be identified as an Associate Company of our company as per applicable provisions of Companies Act, 2013. This is for your information & records.

Daily Notification as on 11th June,2020

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20200611-34

1.Scrip code : 532413
Name : Cerebra Integrated Technologies Ltd.
Subject : Company Announcement As Per Listing Requirements – Cerebra Opens Its New R&R (Refurbishment & Repair) Unit With A Capacity To Produce 25000 Laptops /Desktops Per Month Per Shift.
We are pleased to inform that Cerebra Integrated Technologies Limited is opening a new unit completely dedicated to Refurbishment & Repair of IT products in Narasapura, Kolar District near Bangalore. The facility is being opened by conducting a Pooja on the 12th June 2020 and the same will be dedicated as R&R centre (Refurbishment & Repair). The unit will be able to produce about 25000 laptops/desktops per month per shift in a state of the art automated plant and will be employing more resources in the coming months. This world class facility will have state of the art automated production lines. The demand for refurbished products is at its peak due to Work From Home (WFH) options adopted by many corporates and IT companies and to facilitate online classes for students. We plan to sell these refurbished laptops/desktops and other products through Cerebra stores called Cerebra Experience Centres which we have set up across the country.

2. Scrip code : 540719
Name : SBI Life Insurance Company Limited
Subject : Notice of Offer for Sale of Share by Promoter & Floor Price
State Bank of India (“the Promoters of the Company”)(the “Seller”) proposes to sell up to 2,10,00,000 Equity Shares (the “Sale Shares”), in aggregate representing 2.10% of the total issued and paid-up Equity Share capital of SBI Life Insurance Company Ltd (“the Company”) on June 12, 2020 (“T Day”) (for non-retail investors only) and on June 15, 2020 (“T+1 Day”) (for retail investors and for non-retail investors who choose to carry forward their un-allotted bids), through the separate designated window of BSE Limited (“BSE”) and National Stock Exchange of India Limited (“NSE” and together with BSE, the “Stock Exchanges”). Date and time of the opening and closing of the offer: – For non-Retail Investors on T Day, i.e. June 12, 2020 The Sale shall take place on a separate window of the Stock Exchanges on T Day i.e. June 12, 2020 commencing at 9:15 a.m. (Indian Standard Time) and shall close at 3:30 p.m. (Indian Standard Time) on the same date. Non-Retail Investors who have placed their bids on T Day may indicate their willingness to carry forward their bids to T+1 Day (defined hereinafter). Please note that only non-Retail Investors shall be allowed to place their bids on T Day, i.e. June 12, 2020. For Retail Investors (defined hereinafter) and for non-Retail Investors who choose to carry forward their bids on T+1 Day, i.e. June 15, 2020. The Sale shall continue to take place on separate designated window of the Stock Exchanges on T+1 Day, 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 shall collectively be referred to as, the “Sale Dates”). Floor Price: The floor price for the Sale shall be Rs.725/- only per Equity Share (“Floor Price”).

Daily Notifications as on 10th June,2020

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20200610-35

1. Scrip code : 532636
Name : IIFL FINANCE LIMITED
Subject : Intimation For Record Date For Transfer Of Debentures
In The Name Of IIFL Finance Limited From India Lnfoline Finance Limited Pursuant To Composite Scheme Of Arrangement. As informed earlier, that pursuant to the Composite Scheme of Arrangement as approved by Hon”ble National Company Law Tribunal vide its order dated March 7, 2019, India lnfoline Finance Limited got merged with IIFL Finance Limited w.e.f. March 30, 2020. Accordingly, all Non-Convertible Debentures (“NCDs”) issued by India lnfoline Finance Limited are required to be transferred in the name of IIFL Finance Limited. Further, in terms of Regulation 59 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company has received in principal approval of the Stock Exchanges for the t ransfer of NCDs on April 9, 2020. In this regard, we hereby inform that the “Record Date” for the purpose of above mentioned transfer of NCDs issued to public will be June 19, 2020. The list of NCDs/ ISINs is enclosed. Kindly take the same on record and oblige.

2. Scrip code : 524648
Name : Indo Amines Ltd.
Subject : Announcement under Regulation 30 (LODR)-Scheme of Arrangement
This is to inform you that, pursuant to the Scheme of Amalgamation of Core Chemicals (Mumbai) Private Limited and Key Organics Private Limited with Indo Amines Limited and their respective Shareholders as approved by the National Company Law Tribunal, Mumbai Bench vide its order dated 24th April, 2020, 20,00,000 Equity Shares of Rs. 10/- each of the Company have been allotted to the Shareholders of Core Chemicals (Mumbai) Private Limited (Transferor Company No.1). We request you to kindly take the above information on record. Please find enclosed herewith detailed announcement.

3. Scrip code : 530313
Name : KIMIA BIOSCIENCES LIMITED
Subject : Bagging Of ‘Permission To Manufacture And Marketing Of ‘Obeticholic Acid’
We are pleased to inform that the Company has been granted ‘permission to Manufacturing and Marketing of New Active pharmaceutical Ingredient ‘Obeticholic Acid’ by Central Drugs Standard Control Organization, Ministry of Health & Family Welfare, FDA Bhawan, New Delhi – 110002(India) Vide permission No. MF/SND/20/000140 dated 09-Jun-2020 in FORM CT-22 under Drugs & Cosmetics Acts & Rules thereunder. The said intimation has been given under Regulation 30(5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

4. Scrip code : 532555
Name : NTPC Limited
Subject : Update On Deferment Of Capacity Charges And Rebate To Discoms
In continuation of our letter dated 17.05.2020 regarding deferment of capacity charges and rebate to Distribution Companies (DISCOMs), it is informed that the NTPC Board of Directors in their meeting held on 09.06.2020 have approved: 1. Deferment of capacity charges of Rs. 2,064 crore to DISCOMs, to be payable without interest after the end of the lockdown period in three equal monthly instalments. 2. Rebate of Rs.1,363 crore on the capacity charges billed during the lock-down period to DISCOMs on account of COVID-19, in financial year 2020-21. The above amounts are provisional and may vary due to reconciliation with RPC data.

5. Scrip code : 539658
Name : TeamLease Services Limited
Subject : Announcement under Regulation 30 (LODR)-Updates on Acquisition
TeamLease : Acquisition of additional 24% stake in TeamLease E-Hire Private Limited (formerly known as Cassius Technologies Private Limited)