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Daily Bulletin (17th February, 2020)

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Daily Bulletin (17th February, 2020)

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20200217-55

1.Scrip code : 506414
Name : FERMENTA BIOTECH LIMITED
Subject : Announcement under Regulation 30 (LODR)-Allotment
This is to inform you that pursuant to members’ approval by way of postal ballot including e-voting dated January 28, 2020, the Business Restructuring Committee of the Board of Directors of the Company (‘Committee’) at its meeting held on February 15, 2020 has, inter alia, approved the allotment of 1,96,20,658 bonus equity shares of Rs. 5/- each as fully paid-up bonus equity shares, in the proportion of 2:1 i.e. 2 (Two) new fully paid-up equity shares of Rs. 5/- (Rupees Five only) each for every 1 (One) existing fully paid-up equity share of Rs. 5/- (Rupees Five only) each to members whose names appeared in the Register of Members / List of Beneficial Owners as on the Record Date i.e. February 14, 2020 fixed for this purpose.

2.Scrip code : 539216
Name : Junction Fabrics and Apparels Limited
Subject : Board approves Bonus Issue
Junction Fabrics and Apparels Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 17, 2020, inter alia, have considered and approved the following: – To issue Bonus shares to the existing equity share holders and share warrant holders pursuant to conversion into shares in the ratio 1:2 (one equity share for every two equity shares of nominal value of Rs. 10/- each) subject to approval of members and regulatory authorities.

3.Scrip code : 539304
Name : Canopy Finance Limited
Subject : Outcome Of Board Meeting
The Board at its meeting held today i.e. 14.02.2020 considered and approved the following: Unaudited Financial Results of the Company for the quarter and nine months ended as on 31st December, 2019 along with the Limited Review Report (Annexure-A). Recommended splitting of one (1) equity share of the Company of Rs. 10/- (Rupees Ten Each) each into two (2) equity shares of Rs. 5/- (Rupees Five Each) each subject to approval of shareholders (Annexure-B). We attach herewith a copy of the approved Unaudited Financial Results along with the limited review report of the auditors. We are arranging to publish these results in the newspapers as per Regulation 47 of Listing Regulations.

4.Scrip code : 539894
Name : Madhav Infra Projects Limited
Subject : Corporate Action-Intimation of Sub division / Stock Split
In reference to captioned subject and in compliance to the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby informed that the Board of Directors of the Company, in their Board Meeting held today, i.e. on February 14, 2020, at the registered office of the Company situated at Madhav House, Plot No- 04, Nr. Panchratna Tower, Beside Amul Apartment, Subhanpura, Vadodara – 390 023, which was commenced at 05:00 P.M. and concluded at 07: 40 P.M. have; (i) Considered and approved the proposal of sub-division of face value of Equity Shares of Rs.10/- into Rs.1/- per Equity Shares as per section 61(1)(d) of the Companies Act, 2013, subject to the approval of the Shareholders of the Company.

5.Scrip code : 539351
Name : Prabhat Dairy Limited
Subject : Announcement under Regulation 30 (LODR)-Scheme of Arrangement
the Board at its meeting held on 14th February, 2020 has considered and approved the scheme of Amalgamation and Arrangement involving merger of Cheese Land Agro (India) Private Limited with Prabhat Dairy Limited in accordance with the Section 230 of the Companies Act, 2013.

6.Scrip code : 500116
Name : IDBI Bank Ltd
Subject : New Clarification Regarding “LIC Housing Finance – IDBI Bank Merger Put On Fast Track”
This refers to the news item published in the Business Standard of February 17, 2020 regarding “LIC Housing Finance – IDBI Bank merger put on fast track”. In this regard we hereby deny the above news item and clarify that no such proposal has been discussed in the Board Meeting of IDBI Bank. You are requested to kindly take the above intimation on record in terms of the provisions of Regulation 30 of SEBI (LODR) Regulations, 2015.

7.Scrip code : 505590
Name : SVP Global Ventures Limited
Subject : Reorganizing Of Core And Non-Core Business By Way Of Demerger Of The Subsidiary Company I.E. M/S. Citron Infraprojects Limited.
In continuation to our letter dated May 22, 2019, we wish to inform you that the Subsidiary Company M/s. Citron Infraprojects Limited of SVP Global Ventures Limited has demerged into M/s. Shrivallabh Pittie Enterprises Private Limited. We hereby inform you that Hon’ble National Company Law Tribunal (‘NCLT’) Mumbai Bench and Registrar of Company, Mumbai has passed the order and approved the demerger.

8.Scrip code : 500770
Name : Tata Chemicals Ltd
Subject : Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper advertisement for notice of Record Date in the Scheme of Arrangement amongst Tata Chemicals Limited (”the Company”) and Tata Consumer Products Limited (‘TCPL’) (erstwhile Tata Global Beverages Limited) and their respective shareholders and creditors for the demerger of Consumer Products Business of the Company to TCPL

9.Scrip code : 541336
Name : IndoStar Capital Finance Limited
Subject : Announcement under Regulation 30 (LODR)-Open Offer – Updates
Dear Sir/ Madam, Please find attached herewith Draft Letter of Offer dated 14 February 2020 for open offer by BCP V Multiple Holdings Pte. Ltd. (‘Acquirer’), together with Brookfield Business Partners L.P. in its capacity as a person acting in concert with the Acquirer, for acquisition of up to 3,71,95,411 equity shares from the Public Shareholders of the Company, received by the Company from Nomura Financial Advisory and Securities (India) Private Limited, Manager to the Open Offer. Request you to kindly take the above on record and disseminate the same on your website.

10.Scrip code : 533148
Name : JSW Energy Limited
Subject : Announcement under Regulation 30 (LODR)-Acquisition
Vide our communication dated 7th October, 2019, we had informed you that the Company had entered into exclusive discussions with GMR Energy Limited (“GEL”) for potential acquisition of its subsidiary, GMR Kamalanga Energy Limited (“GKEL”), which owns and operates a 1,050 MW (3×350 MW) thermal power plant in Odisha. We now wish to inform you that the Company has signed Share Purchase Agreement with GEL, pursuant to which the Company shall acquire 100% stake in GKEL for a total consideration of an amount up to Rs.5,321 crore (subject to working capital and other adjustments).

11.Scrip code : 500285
Name : SpiceJet Limited
Subject : Announcement under Regulation 30 (LODR)-Acquisition
This is to inform that SpiceJet Interactive Private Limited (a subsidiary company of SpiceJet Limited) has now become wholly-owned subsidiary of the Company effective February 14, 2020. Please find attached disclosure in terms of Regulation 30 of the SEBI (LODR) Regulations, 2015.

12.Scrip code : 532754
Name : GMR Infrastructure Limited
Subject : Announcement under Regulation 30 (LODR)-Press Release / Media Release
“GMR Infrastructure Ltd. announces divestment of GMR Energy Limited”s entire stake in GMR Kamalanga Energy Limited to JSW Energy Limited”

 

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