Daily Bulletin (11th November, 2021)
Scrip code : 524091
Name : Acrysil Ltd.
Subject : Announcement Under Regulation 30 (LODR) – Updates – Acrysil Limited Announces Additional Capacity Expansion By 20% (200,000 Quartz Kitchen Sinks P.A.), Thus Taking The Overall Capacity To 1.20 Million Sinks (1,200,000 Sinks) P.A. To Meet The Domestic & Global Demand.
Acrysil Limited (‘The Company’), largest manufacturer of ‘Quartz Kitchen Sinks’ in Asia with German Technology, has announced additional production capacity expansion by 20% (200,000 Quartz Kitchen Sinks p.a.) at Bhavnagar in Gujarat. Thus taking the Overall Capacity to 1.20 million sinks (1,200,000 sinks) p.a. from current announced capacity of 1 million sinks (1,000,000 sinks) p.a. The expansion in production capacity is to meet the growing demand of Quartz Kitchen Sinks in the Domestic & Global markets. The proposed Capital Expenditure involves an investment of Rs.20 Crores approx. in Building, Moulds, Plant & Machinery, Utilities and other related infrastructure. The project is likely to be completed by end of Q2 FY2023 and will be financed by mix of internal accruals and debt.
Scrip code : 500027
Name : Atul Limited.,
Subject : Announcement under Regulation 30 (LODR)-Acquisition
Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR), we inform you that the Company has formed Atul Healthcare Ltd (AHCL) as a Wholly-owned subsidiary of the Company. The details as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 are attached.
Scrip code : 514238
Name : Ikab Securities & Investment Ltd.
Subject : Updates on Open Offer
Fedex Securities Pvt. Ltd (“Manager to the Offer”) has submitted to BSE a copy of Detailed Public Statement in terms of Regulation 3(1) and 4 read with Regulation 13(4), 14(3) and 15(2) and other applicable provision of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 as amendments, for the attention of the Public Shareholders of Ikab Securities & Investment Ltd (“Target Company”).
Scrip code : 532832
Name : Indiabulls Real Estate Limited
Subject : Announcement under Regulation 30 (LODR)-Raising of Funds
This is to inform you that Indiabulls Real Estate Limited (the Company) proposes to issue Secured, Redeemable, Non-Convertible Debentures of face value Rs.10 lakh each aggregating upto Rs 75 crore, on a private placement basis, pursuant to a special resolution passed by the shareholders of the Company at its 15th Annual General Meeting held on September 30, 2021, on the terms and conditions as mentioned in attachment.
Scrip code : 530019
Name : JUBILANT PHARMOVA LIMITED
Subject : Groundbreaking Ceremony Hosted By Jubilant Hollisterstier LLC, USA, A Wholly-Owned Subsidiary Of The Company For Expansion Of Its Manufacturing Facility
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended and further to the disclosure made to the Stock Exchanges on May 31, 2021, we enclose a communication pertaining to the Groundbreaking Ceremony hosted by Jubilant HollisterStier LLC, USA, a wholly-owned subsidiary of the Company for expansion of its manufacturing facility. We request you to take the same on record.
Scrip code : 533098
Name : NHPC Limited
Subject : Formation Of Joint Venture Company For 500 MW Floating Solar Power Project
In continuation to our earlier letter dated 08.10.2021 and in compliance to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, it is to inform that the Board of Directors of Company in its meeting held today i.e. Thursday, November 11, 2021 has inter-alia considered and approved the proposal regarding formation of a Joint Venture Company (between NHPC Limited and Green Energy Development Corporation of Odisha Limited (GEDCOL)) for implementation of 500 MW floating Solar Power Project in various water reservoirs in the State of Odisha. The Board has also accorded its investment approval to contribute initial equity of Rs 7.4 Crore by NHPC Limited in the JV Company, to be promoted jointly by NHPC (74%) and GEDCOL (26%).
Scrip code : 543228
Name : Route Mobile Limited
Subject : Announcement under Regulation 30 (LODR)-Updates on Acquisition
Further to our letter dated October 9, 2021, it is hereby informed that our Company’s wholly-owned subsidiary, Route Mobile (UK) Limited (‘RML UK’), has successfully completed the acquisition of 100% equity stake of Masivian S.A.S., Columbia, South America. Consequently, Masivian S.A.S. has become wholly-owned subsidiary of RML UK and a step-down wholly-owned subsidiary of the Company w.e.f. November 11, 2021. The same is also uploaded on the Company”s website at www.routemobile.com. You are requested to take the above information on record.