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Daily Bulletin (16th June, 2022)

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

Daily Bulletin (16th June, 2022)

Daily Bulletin (16th June, 2022)

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20220616-42

 

Scrip code : 500010

Name : Housing Development Finance Corp.Lt

Subject : Clarification sought from Housing Development Finance Corporation Ltd

The Exchange has sought clarification from Housing Development Finance Corporation Ltd with reference to the media report appearing on https://economictimes.indiatimes.com/industry/banking/finance/banking/hdfc-to-sell-four-large-stressed-accounts-before-merger/articleshow/92240636.cms (Source: https://economictimes.indiatimes.com) dated June 16, 2022 titled “HDFC to sell four large stressed accounts before merger”.The Company is requested to submit its clarification to the Exchange in terms of the provisions of Regulation 30 of the SEBI (LODR) Regulations, 2015.

 

Scrip code : 500097

Name : Dalmia Bharat Sugar and Industries Ltd

Subject : Sanction Of The Scheme Of Amalgamation By The Hon’Ble National Company Law Tribunal, Chennai Bench.

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that the Hon’ble National Company Law Tribunal (‘NCLT’), Chennai Bench has, vide its Order dated June 10, 2022, sanctioned the Scheme of Amalgamation involving merger of Himshikhar Investment Limited, wholly owned subsidiary of the Company, with Dalmia Bharat Sugar and Industries Limited. A copy of the said Order is attached herewith. This is for your information and records.

 

Scrip code : 500265

Name : Maharashtra Seamless Ltd.

Subject : Announcement under Regulation 30 (LODR)-Scheme of Arrangement

We wish to inform you that the Board of Directors in their meeting held today i.e. June 16, 2022, approved Scheme of Arrangement for Amalgamation of United Seamless Tubulaar Private Limited, wholly owned subsidiary of the Company (Transferor Company) with Maharashtra Seamless Limited (Transferee Company”) on a going concern basis under Section 230 – 232 of the Companies Act, 2013. The said Scheme of Arrangement shall be subject to the approval of National Company Law Tribunal (NCLT) of relevant jurisdiction, Shareholders and Creditors of both the Companies and other Regulatory Authorities, if any.

 

Scrip code : 502015

Name : ASI INDUSTRIES LIMITED

Subject : Sale Of Investment In Subsidiary

The Board of Directors of the Company at its meeting held today i.e. on 15th June, 2022, subject to statutory and other necessary approvals, if any, approved the Sale of entire investment in Al Rawasi Rocks & Aggregate LLC, Fujairah, UAE, held by the Company and its Subsidiary ASI Global Limited, Mauritius, to M/s INJAZ CAPITAL INESTMENT LLC, Dubai, UAE as per the MOU signed between the parties.

 

Scrip code : 540403

Name : CL Educate Limited

Subject : Extinguishment

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