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Daily Bulletin (12th December, 2019)

Scrip Sanctuaries for protection from the wildlife in this jungle of Indian Equities

Daily Bulletin (12th December, 2019)

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20191212-38

1.Scrip code : 540078 
Name : Mitsu Chem Plast Limited
Subject : Corporate Action-Board recommends Bonus Issue
Increase in Authorised Share Capital of the Company from existing 4,02,50,000/- (Rupees Four Crores Two Lakhs and Fifty Thousand Only) divided into 40,25,000 (Forty Lakhs Twenty Five Thousand) Equity Shares of ? 10/- (Rupees Ten Only) each to ? 12,08,00,000 /- (Rupees Twelve Crores and Eight Lakhs Only) divided into 1,20,80,000 (One Crore Twenty Lakhs and Eighty Thousand) Equity Shares of ? 10/- (Rupees Ten Only) each. 2.Issue of bonus shares in the ratio of 2 (Two) equity shares for every 1 (One) existing equity share held by the shareholders of the Company as on the record date to be fixed for the purpose. The details pertaining to Issue of Bonus Shares as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 are provided in Annexure attached herewith. 3.Migration of the Company from SME segment of BSE Limited to Main Board of BSE Limited. 4.Draft Notice of Postal Ballot.

2.Scrip code : 532189
Name : India Tourism Development Corporati
Subject : Announcement under Regulation 30 (LODR)-Scheme of Arrangement
In terms of Regulation 30(1) of SEBI (LODR) Regulations, 2015, this is to disclose that ITDC Board in its meeting held today on lih December. 2019 has accorded inprincipal approval regarding merger with ITDC of M/s Kumarakruppa Frontier Hotels Private Limited, a Government Company under the Ministry of Tourism, Govt. Of India in which the Govt. Of India holds 90.09 % shareholding with the Company. The approval of the Board will be conveyed to the Ministry of Tourism for its consideration and onwards approval from DIPAM, Ministry of Finance/CCEA etc.

3.Scrip code : 540975
Name : Aster DM Healthcare Limited
Subject : Announcement under Regulation 30 (LODR)-Acquisition
Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, pursuant to increase in the shareholding in subsidiary Company, Prerana Hospital Limited. The Company held 84.93% equity shares of Prerana Hospital Limited. Pursuant to the exercise of put option by the promoters of Prerana Hospital Limited, the shareholding of the Company in Prerana Hospital Limited has increased by 2.06%, thereby making the aggregate shareholding of the Company to 86.99%. In this regard, as per Circular Number CIR/CFD/CMD/4/2015 dated September 09, 2015 pertaining to continuous disclosure requirements for Listed Entities under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed Annexure I for your records. We request you to kindly take the above information on record.

4.Scrip code : 958437
Name : Reliance Industries Ltd
Subject : Announcement under Regulation 30 (LODR)-Acquisition
Reliance Strategic Business Ventures Limited (‘RSBVL’), a wholly-owned subsidiary of Reliance Industries Limited (‘RIL’ or the ‘Company’) has acquired equity shares of NowFloats Technologies Pvt. Ltd. (‘Nowfloats’) for a cash consideration of INR 141,63,78,822 (Indian Rupees one hundred forty one crore sixty three lakh seventy eight thousand eight hundred twenty two only). The said investment represents 85% holding in the equity share capital of Nowfloats. RSBVL proposes to make a further investment of up to INR 75 crore (Indian Rupees seventy five crore only), subject to achieving agreed milestones. The further investment is expected to be completed by December 2020. Post the further investment, the shareholding of RSBVL will increase to 89.66% of the equity share capital of Nowfloats.

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