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Daily Bulletin (11th March, 2020)

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Daily Bulletin (11th March, 2020)

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20200311-61

1.Scrip code : 539526
Name : Suncare Traders Limited
Subject : Outcome Of Board Meeting Held On Today I.E. On March 11, 2020, In Terms Of Second Proviso To Regulation 30 (6) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
Pursuant to Second proviso to Regulation 30 (6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 we hereby inform you that the Board of Directors of the Company, in their meeting held on today i.e March 11, 2020, at the Registered Office of the Company at 7, Shree Shakti Estate, Behind Milan Complex, Sarkhej- Sanand Cross Road, Sarkhej, Ahmedabad – 382 210 Gujarat, which was commenced at 11:30 A.M. and concluded at 12:50 P.M. The Following business have been transacted at the meeting of Board of Directors; 1. To Allot the Bonus Equity Shares to the Existing Share Holders on record date in ratio of 2:1 i.e. Two Equity Shares of Rs. 2/- each for every One Equity Shares of Rs. 2/- each. 2. To review the performance of Directors and Board of Director as a whole. Kindly take the aforesaid information on your record and oblige us.

2.Scrip code : 531241
Name : Linc Pen & Plastics Ltd.
Subject : Announcement under Regulation 30 (LODR)-Allotment
Kindly note the outcome of the Meeting of the Committee of Board of Directors (constituted for giving effect to the Scheme) held on 11th March, 2020:- 1. The Company allotted 16,74,806 Equity Shares of Rs. 10/- each to the Shareholders of LWAPL (Transferor Company) whose name appear in the register of members of LWAPL as on the Amalgamation Record date 06.03.2020 pursuant to the approval of the Scheme of Arrangement and Amalgamation by Hon’ble NCLT, Kolkata Bench vide order dated 17.01.2020 certified copy of the order received on 24.02.2020 and made effective on 26.02.2020 (i.e. the date of filing of INC-28) 2. Cancelled 15,88,475 Equity Shares of Rs. 10/- each held by LWAPL (Transferor Company) in the Company in accordance with the Scheme. 3. Post allotment and cancellation as above, the paid-up share capital of the Company will be Rs. 14,87,22,910/- (increased by Rs. 8,63,310/-).

3.Scrip code : 526951
Name : Stylam Industries Limited
Subject : Outcome Of Board Meeting W.R.T Allotment Of Equity Shares Of Stylam Industries Limited Pursuant To The Scheme Of Amalgamation Of Stylam Industries Limited And Golden Chem-Tech Limited.
Pursuant to the Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please take notice that at a Board Meeting held on 11th March, 2020, Board of Directors of the Company have approved allotment of 3,07,830 (Three Lakh Seven Thousand Eight Hundred and Thirty) fully paid up equity shares of Rs. 10/- each of the Company to the eligible shareholders of Golden Chem-Tech Limited ( Transferor Company), pursuant to approval of Scheme of Amalgamation.

4.Scrip code : 542651
Name : KPIT Technologies Ltd
Subject : Announcement under Regulation 30 (LODR)-Acquisition
We wish to inform you that, in accordance with Regulation 30 read with Part A of Schedule III of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, (‘SEBI Regulations’) the Company has entered into an Agreement with Vayavya Labs Private Limited (‘VL’) and its shareholders for acquiring majority stake in VL. The details as required under SEBI Regulations, read with SEBI Circular dated September 9, 2015 are given in Annexure A to this letter. Kindly take the same on your records.

5.Scrip code : 500520
Name : Mahindra & Mahindra Ltd.
Subject : Announcement under Regulation 30 (LODR)-Acquisition
We would like to inform you that the Company has today signed a Share Purchase Agreement for purchase of additional 34,249 Equity Shares of M.I.T.R.A. Agro Equipments Pvt Ltd. (‘Mitra’), an Associate of the Company, from its existing shareholders. The Company currently holds 26% (on a fully diluted basis) of the equity share capital of Mitra, and post completion of the above transaction, the Company will hold approximately 39% of the equity share capital of Mitra on a fully diluted basis. The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/ 4/2015 dated 9th September, 2015 are given in Annexure A to this letter.

6.Scrip code : 500180
Name : HDFC Bank Ltd.
Subject : Board to consider Q4 & FY20 results & Dividend on April 18, 2020
HDFC Bank Ltd has informed BSE that a meeting of the Board of Directors of the Bank will be held on April 18, 2020, inter alia, to consider the audited financial results for the last quarter and year ending March 31, 2020 along with the consolidated accounts for the year ending March 31, 2020 and recommendation of dividend, if any. The trading window for dealing in securities of the Bank will remain closed from March 25, 2020 to April 20, 2020 (both days inclusive) for the designated employees, directors etc. pursuant to the applicable SEBI Regulations.

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