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Daily Bulletin (13th February, 2020)

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

Daily Bulletin (13th February, 2020)

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20200213-46

1.Scrip code : 539981
Name : Max India Ltd.
Subject : Amalgamation Of Two Wholly Owned Subsidiaries Of The Company
This is to inform you that Max One Distribution and Services Limited, a step down subsidiary of the Company, has been amalgamated with its holding company namely Max Skill First Limited, another Wholly Owned Subsidiary of the Company vide order dated February 5, 2020 from Ministry of Corporate affairs (MCA), Regional Director, Northern Region (‘Order’). A copy the said Order has since been duly filed with ROC, yesterday.

2.Scrip code : 523642
Name : PI Industries Limited
Subject : Announcement under Regulation 30 (LODR)-Scheme of Arrangement
Pursuant to Regulation 30 of the SEBI (Listing Obligation & Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of PI Industries Limited at its meeting held on 12th February, 2020, has considered and approved, Scheme of Amalgamation (“Scheme”) between its wholly owned subsidiary namely lsagro (Asia) Agrochemicals Private Limited (“lsagro”) and PI Industries Limited (“PilL”) and their respective shareholders under the provisions of Sections 230 to 232 and other applicable provisions of the Companies Act, 2013, and rules framed thereunder. Accordingly, all businesses other than domestic distribution business of lsagro shall stand merged with PI Industries once scheme is approved by shareholders, creditors, NCLT and other regulatory authorities as applicable. Domestic distribution business of lsagro shall be demerged to ~ivagro Ltd, a wholly owned subsidiary of PilL.

3.Scrip code : 540704
Name : Matrimony.com Limited
Subject : Completion Of Closing Conditions With Regard To Acquisition Of 26.1% Stake In Astro-Vision Futuretech Pvt Ltd
Further to the above referred letter intimating the decision of the Board of Directors to acquire 26.1% stake in Astro-Vision Futuretech Pvt Ltd, we are pleased to inform that the Company has completed the necessary closing conditions with respect to the acquisition of 26.1% stake in the above Company. Submitted for your information and records

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