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Daily Bulletin (17th November, 2021)

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Daily Bulletin (17th November, 2021)

Daily Bulletin (17th November, 2021)


Scrip code : 540902

Name : Amber Enterprises India Limited

Subject : Announcement under Regulation 30 (LODR)-Acquisition

We would like to inform you that as per the notification of Ministry of Electronics and Information Technology (‘MEITY’) guidelines for constitution of special purpose vehicle (‘SPV’) for implementation of Electronic Manufacturing cluster (‘EMC’), the companies/EMC units which buys land/having lease lands in Sri City EMC must hold 51% of the share capital of SPV together with no single company/ EMC unit holding more than 25% shares of SPV the Company, in context of the same, our Company has invested Rs. 60,64,680/- (Rupees Sixty Lakh Sixty-Four Thousand Six Hundred Eighty Only) in Sricity Electronics Manufacturing Cluster Private Limited (‘Sricity’) and has been allotted 6,06,468 equity shares at a face value of Rs. 10 per share comprises of 10.94% Share Capital of Sricity. The disclosures pertaining to this, pursuant to provisions of Para A of Part A of Schedule III of SEBI Listing Regulations, as amended, is annexed herewith as ‘Annexure A’. Kindly take note of the same.


Scrip code : 541152


Subject : Announcement under Regulation 30 (LODR)-Acquisition

With reference to captioned subject, this is to inform you that the Company is proposing to invest and acquire 50,000 equity shares ie. 33.33% of Wroley E India Private Limited, a Company incorporated under the provisions of the Companies Act, 2013 on 11 November, 2021.


Scrip code : 890147

Name : Reliance Industries Ltd

Subject : News Clarification – “Reliance Retail Acquires ”Amante” From MAS Holdings”

We clarify as under: 1. Reliance Retail Ventures Limited (RRVL), a subsidiary of the Company has, in its journey to offer superior design led products and compelling value proposition for customers, acquired 100% shareholding of the retail lingerie businesses under the ‘amanté’ umbrella brand from MAS Brands, a wholly owned subsidiary of MAS Holdings, Sri Lanka. The transaction was completed on November 11, 2021. 2. The RRVL is an unlisted subsidiary of the Company. 3. As per the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR), the aforesaid transaction does not warrant a disclosure under LODR. 4. We have made and will continue to make disclosures in compliance with our obligations under LODR and our agreements with the stock exchanges.


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