Notifications, Scrip Scan

Daily Bulletin (14th June, 2019)

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

Daily Bulletin (14th June, 2019)

There are no current notifications of our companies on this date.

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20190614-53

1. Scrip code : 539524
Name : Dr. Lal Pathlabs Limited
Subject : Announcement under Regulation 30 (LODR)-Acquisition
Please take note that the Board of Directors of Company’s Wholly Owned Subsidiary viz. PathLabs Unifiers Private Limited, in their meeting held on June, 13, 2019, approved signing a binding term sheet for acquisition of 70% equity stake in a ‘New Company to be incorporated’ by Mrs. Vinita Kothari and Mrs. Sushila Dalal. According to the Term Sheet, the ‘New Company to be incorporated’ will house the business of: 1. M/s. ‘Central Lab, Indore’ a Partnership concern having Mrs. Vinita Kothari and Mrs. Sushila Dalal as its partners and engaged in Pathology Business in the State of Madhya Pradesh. 2. M/s. ‘Vinita Kothari’ a Proprietorship concern of Mrs. Vinita Kothari, a Histopathologist engaged in processing of Histopathology samples. before PathLabs Unifiers Private Limited buys 70% stake of ‘New Company to be incorporated’.

2. Scrip code : 532129
Name : Hexaware Technologies Ltd.
Subject : Announcement under Regulation 30 (LODR)-Acquisition
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that Hexaware Technologies Inc., a wholly owned subsidiary of Hexaware Technologies Limited, India has acquired 100% shares of Mobiquity Inc. and Hexaware Technologies Limited has acquired 100% shares of Mobiquity Softech Private Limited (wholly owned subsidiary of Mobiquity Inc.) Please find below the disclosure in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the detailed press release.

3. Scrip code : 500520
Name : Mahindra & Mahindra Ltd.
Subject : Announcement under Regulation 30 (LODR)-Acquisition
With reference to the captioned subject, we would like to inform you that, the Company has today signed a Share Subscription Agreement for subscribing up to 300 Common shares and 30,469 Series B Preferred Shares (‘Shares’) which on an as-converted to Common shares basis would result into 11.25% of the Share Capital of Gamaya SA, Switzerland, on a fully diluted basis.

4. Scrip code : 513023
Name : Nava Bharat Ventures Ltd
Subject : Corporate Action-Updates on Buy back
Sub: Information regarding the shares bought-back via open market through Stock Exchanges With reference to the subject cited above, we hereby submit the daily report pursuant to Regulation 18(i) of the SEBI (Buy Back of Securities) Regulations, 2018 regarding equity shares bought back by Nava Bharat Ventures Limited on June 14, 2019.

5. Scrip code : 539978
Name : Quess Corp Limited
Subject : Update On The Letter Of Offer Made By Conneqt Business Solutions Limited Along With Quess Corp Limited To The Shareholders Of Allsec Technologies Limited.
This is an update to our stock exchange intimation dated June 3, 2019 wherein we had stated that the Conneqt Business Solutions Limited, which is a subsidiary of Quess Corp Limited, has acquired equity shares of Allsec Technologies Limited , representing 61.35% of the total share capital. Please note that the Letter of Offer has been dispatched to the shareholders of Allsec Technologies Limited in relation to the open offer made to such shareholders by Conneqt Business Solutions Limited, a subsidiary of the Company (the “Acquirer”), along with the Company (which is acting as a person acting in concert with the Acquirer in relation to such open offer). Kindly take the above information on your record.

6. Scrip code : 530075
Name : Selan Exploration Technology Ltd.
Subject : Announcement under Regulation 30 (LODR)-Daily Buy Back of equity shares
Daily Buyback Reporting

7. Scrip code : 532819
Name : MindTree Limited
Subject : Updates on Open Offer
Axis Capital Ltd & Citigroup Global Markets India Pvt Ltd (“Managers to the Open Offer”) has submitted to BSE a copy of Advertisement in accordance with Regulation 18(7) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (as amended) and Corrigendum to the Detailed Public Statement with respect to the Open Offer to the Shareholder of MindTree Ltd (“Target Company”).

8. Scrip code : 539450
Name : S H Kelkar and Company Limited
Subject : Outcome of Board Meeting
The Board has approved buyback of 33,00,000 equity shares of the Company and acquisition of remaining equity shake of Creative Flavours and Fragrances (CFF)

Excerpts from Gaurav’s Blog

  Rest in Peace now Gerela Saab  ! Mr S T Gerela ex GM of BSE passed away peacefully this morning We had not met in years but he always remained at the top of my mind when it came to testimonials for this is what he had said to me over a decade ago,when […] [...]

Vedanta de-listing offer price Rs 87.50~Come on Mr Anil Agarwal ! Promoter Group of  Vedanta Ltd has proposed a voluntary de-listing at an indicative offer price of Rs 87.50~are the over 7.3 lakh minority shareholders from Alibag !? …apologies to the people of Alibag Some would term this as De-listing Duplicity ~ but I would […] [...]

This is a Riskless Reliance Industries Rights Investment Strategy for those over 2.3 Million Shareholders already holding RIL shares. It is not a recommendation to buy RIL cum rights  It’s a no brainer yet I’m just penning a brief note because some have told me they hold Reliance but are skipping the Rights ! Don’t […] [...]

 Wealth is negotiable, Health is not Your Personal Well Being is more important that the Stock Market Well Being ~ Always & more so in this unfathomable ongoing Covid-19 Reality Above’s a three minute reach out by me last night to all connected with me to reinforce this .It’s also posted on Facebook , […] [...]

Yes Bank ~ Has the RBI & MOF lost it !? SEBI really is a bystander here Controversial Lock In Clause 3 Sub Clause 8 (a) in the Scheme of Reconstruction  No wonder the Finance Minister Mrs Nirmala Sitharaman, while highlighting only selected points, even when asked for details of the Scheme,did not want to […] [...]