Notifications, Scrip Scan

Daily Bulletin (17th January, 2020)

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

Daily Bulletin (17th January, 2020)

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20200117-50

1.Scrip code : 517494
Name : ACCEL LIMITED
Subject : Announcement under Regulation 30 (LODR)-Acquisition
Pursuant to regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Company has entered into a Share Purchase Agreement to acquire 75% of the Equity Shares of M/s. Computer Factory (India) Private Limited’ thereby making it a Subsidiary of the Company. The consideration to acquire 825000 equity shares of Computer Factory (India) Private Limited is Rs. 300 Lakhs.

2.Scrip code : 502219
Name : Borosil Glass Works Ltd.
Subject : Announcement under Regulation 30 (LODR)-Scheme of Arrangement
We write to inform you that the National Company Law Tribunal (NCLT), Mumbai Bench, vide its order pronounced on January 15, 2020 has approved the captioned ‘Scheme’. The appointed date of the Scheme is October 1, 2018 and the Scheme will be effective from the date of filing of NCLT order with the Registrar of Companies, Mumbai. Enclosed is copy of order pronounced on January 15, 2020 and uploaded on the website of NCLT on January 16, 2020. As per the first part of the Scheme, Vyline Glass Works Limited, Fennel Investment and Finance Private Limited and Gujarat Borosil Limited shall be amalgamated with Borosil Glass works Limited. Under the second part of the Scheme, Scientific & Industrial products and consumer ware products businesses as defined in the Scheme shall demerge into Borosil Limited (an existing unlisted wholly owned subsidiary of Borosil Glass Works Limited). Kindly take note of the same.

3.Scrip code : 540701
Name : Dishman Carbogen Amcis Limited
Subject : Board approves Buy-back of equity shares
Dishman Carbogen Amcis Ltd has informed BSE about Outcome of Board Meeting held on January 16, 2020.

4.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 Mahindra First Choice Wheels Limited (“MFCWL”), a board controlled subsidiary of Mahindra Holdings Limited (“MHL”), which is, in turn a wholly owned subsidiary of the Company, has today signed a Share Purchase Agreement for acquiring up to 100% of the paid up equity share capital of Fifth Gear Ventures Limited (“FGVL”), in one or more tranches, for a consideration not exceeding Rs. 30.45 crores to be discharged by MFCWL by way of cash and issue of shares of MFCWL, subject to customary closing adjustments. Upon acquisition of the above stake, FGVL would become a subsidiary of MFCWL and in turn of MHL and of the Company. The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/ CFD / CMD / 4/2015 dated 9th September, 2015 are given as Annexure A to this letter.

5.Scrip code : 500338
Name : PRISM JOHNSON LIMITED.
Subject : Intimation Under Regulation 30 Of The SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015
Pursuant to Regulation 30 of SEBl (Listing Obligations & Disclosure Requirements) Regulations, 2015 and further to our letter dated November 5, 2019, we wish to inform you that the Company has made investment of Rs. 5.25 Crores and acquired 15% stake in the total paid-up equity share capital of Sanskar Ceramics Private Limited. We request you to kindly note and take the above information on record.

6.Scrip code : 500367
Name : Rubfila International Ltd.
Subject : Announcement Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulation, 2015 – Updates
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 and other applicable provisions kindly take note of the following :- i) Board of Directors approved the proposal of acquiring 50% of equity shares of M/s.Premier Tissues India Ltd (CIN U851101KA1998PLC023512) from Mr.Ruchit B. Patel (PAN ANDPP9202F), one of the Promoters of our Company, subject to approval by members in General Meeting. ii) Company undertook a trial run at its second unit at Madathukulam, Palani Taluk, Dindigul District, Tamil Nadu on 16-01-2020.

7.Scrip code : 531637
Name : Sword & Shield Pharma Ltd.
Subject : Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 In Connection With The Scheme Of Amalgamation Of Praveg Communications Limited With Sword And Shield Pharma Limited And Respective Shareholders
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the Ahmedabad Bench of the National Company Law Tribunal vide its order dated December 13, 2019 has approved the Scheme of Amalgamation of Praveg Communications Limited with Sword and Shield Pharma Limited and respective shareholders under Section 230 to 232 of the Companies Act, 2013 and other applicable provisions of the Companies Act, 2013. The order was received by the Company on January 16, 2020. The Scheme with the Appointed Date of April 1, 2016 will be effective upon filing the certified copy of the order with the Registrar of Companies. We will keep updated on the further developments in this regard.

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