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Daily Bulletin (11th October, 2019)

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Daily Bulletin (11th October, 2019)

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20191011-38

1.Scrip code : 506414
Name : Dil Limited.
Subject : Announcement under Regulation 30 (LODR)-Allotment
Intimation about the Allotment of 637,537 equity shares (New Securities) of the face value of INR.5/- (Rupees Five only) each, fully paid-up to the members of Fermenta Biotech Limited, as on the Record Date pursuant to the Scheme of Amalgamation: The Committee of Board of Directors of the Company have issued and allotted 637,537 equity shares (New Securities) of the face value of Rs. 5/- (Rupees Five only) each, fully paid-up, to the members of Fermenta Biotech Limited, as on the Record Date of October 10, 2019, as per the exchange ratio in terms of the Scheme. Consequent to the said allotment of New Securities, the paid-up share capital of the Company has increased From: 91,72,792 equity shares of Rs. 5/- each, amounting to Rs. 4,58,63,960 To: 98,10,329 equity shares of Rs. 5/- each amounting to Rs. 4,90,51,645 An application will be made for listing and trading approval of BSE Limited for the above New Securities in due course.

2.Scrip code : 539978
Name : Quess Corp Limited
Subject : Summary Of Proceedings And Voting Results Of Extra-Ordinary General Meeting Of Equity Shareholders Of The Company Held On 10Th October, 2019.
This is to inform you that an EGM of Equity Shareholders of the Company was held on Thursday, 10th October, 2019 at 11:00 a.m. at Royal Orchid Central, No. 47/1, Dickenson Road, Manipal Centre, Bengaluru (KA) 560042, to consider and approve the Page 67 bu111019 Scheme of Amalgamation between ‘Aravon Services Private Limited’, ‘CentreQ Business Services Private Limited’, ‘Coachieve Solutions Private Limited’, ‘Master Staffing Solutions Private Limited’ (‘Transferor Companies’) with ‘Quess Corp Limited’ (‘Transferee Company’) and their respective Shareholders and Creditors, which was approved with requisite majority.

3.Scrip code : 530023
Name : THE INVESTMENT TRUST OF INDIA LIMITED
Subject : NCLT Direction Meeting Of The Equity Shareholders Of The Company Will Be Held On Friday, 8Th November 2019
Scheme of Amalgamation and Arrangement of ITI Management Advisors Limited (‘Transferor Company’) and The Investment Trust of India Limited (‘Transferee Company’) and their respective Shareholders and Creditors

4.Scrip code : 500413
Name : Thomas Cook (India) Ltd.
Subject : Announcement under Regulation 30 (LODR)-Scheme of Arrangement
We are pleased to inform you that the Hon’ble National Company Law Tribunal, Mumbai Bench, has, at the hearing on 10th October, 2019, allowed 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. We are in the process of obtaining the certified copies of the order. Further, the final hearing for Quess Corp Limited is scheduled on 18th October, 2019 in the Hon’ble National Company Law Tribunal, Bengaluru Bench. Once the order is received from both the NCLT Benches and filed with the respective Registrars of Companies, the scheme shall be made effective. We shall keep you informed on the progress in this regard.

5.Scrip code : 532281
Name : HCL Technologies Ltd
Subject : Announcement under Regulation 30 (LODR)-Updates on Acquisition
Sub: Updates- HCL Technologies acquires Sankalp Semiconductors Private Limited Dear Sir, This is further to our letter dated September 9, 2019 wherein the Company had intimated the acquisition of Sankalp Semiconductors Private Limited and a disclosure in terms of Regulation 30(4) of the SEBI (Listing Obligations and Disclosures Requirements) Regulations 2015 was submitted. We would like to inform you that the aforesaid acquisition has been completed effective October 10, 2019. This is for your information and records.

6.Scrip code : 500187
Name : HSIL Limited
Subject : Apportionment Of Cost Of Acquisition Of Equity Shares Of HSIL Limited And New Shares Issued By Somany Home Innovation Limited Pursuant To The Composite Scheme Of Arrangement Between HSIL Limited (Transferor Company), Somany Home Innovation Limited (First Transferee Company) And Brilloca Limited (Second Transferee Company) And Their Respective Shareholders And Creditors Under Sections 230 To 232 Of The Companies Act, 2013 (Scheme Of Arrangement)
Dear Sir/Madam, With reference to the captioned subject, we have attached herewith the communication being issued for general guidance of shareholders of the Company pertaining to apportionment of the cost of acquisition as per the provisions of the Income Tax Act, 1961 of (i) shares of HSIL Limited; and (ii) new shares issued and allotted by Somany Home Innovation Limited pursuant to the Scheme of Arrangement sanctioned by the Hon’ble National Company Law Tribunal, Kolkata Bench. This is for your information and widely dissemination for the shareholders of the Company.

7.Scrip code : 532832
Name : Indiabulls Real Estate Limited
Subject : Outcome of Board Meeting
Further to our intimation dated October 08, 2019 and in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, we wish to inform you that the Board of Directors of Indiabulls Real Estate Limited (the ‘Company’) at its meeting held on October 11, 2019 (which commenced at 11:30 AM and concluded at 12:10 PM) has approved a proposal of Rs. 500 Crores of buyback (hereinafter referred to as the ‘Buyback Size’) of upto 5 Crore fully paid-up Equity Shares having face value Rs. 2/- each of the Company, representing approx. 11% of its total existing paid-up equity capital (‘Equity Shares’) at Rs. 100/- per Equity Share (hereinafter the ‘Buyback Price’), through the ‘Tender Offer’ route, as prescribed under SEBI (Buy-Back of Securities) Regulations, 2018 (‘Buyback Regulations’) and the Companies Act, 2013 and rules made thereunder, as amended (hereinafter referred to as the ‘Buyback’). For details refer attachment.

8.Scrip code : 532960
Name : Indiabulls Ventures Limited
Subject : Outcome of Board Meeting
Further to our intimation dated October 08, 2019 and in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, we wish to inform you that the Board of Directors of Indiabulls Ventures Limited (the ‘Company’) at its meeting held on October 11, 2019 (which commenced at 10:00 a.m. and got concluded at 10:35 a.m.) has approved a proposal of Rs. 1,000 Crores of buyback (hereinafter referred to as the ‘Buyback Size’) of upto 6,66,66,666 Fully Paid-up Equity Shares having Face Value Rs. 2/- each of the Company, representing 12.61% of its total existing fully paid-up equity capital (‘Equity Shares’) at Rs. 150/- per Equity Share (hereinafter the ‘Buyback Price’), through the ‘Tender Offer’ route, as prescribed under SEBI (Buy-Back of Securities) Regulations, 2018 (‘Buyback Regulations’) and the Companies Act, 2013 and rules made thereunder, as amended (hereinafter referred to as the ‘Buyback’). For details, pls. refer attachment.

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