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Daily Bulletin (19th September, 2019)

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

Daily Bulletin (19th September, 2019)

1.Scrip code : 532424
Name : Godrej Consumer Products Ltd.
Subject : Announcement under Regulation 30 (LODR)-Acquisition
The Exchanges are hereby informed that the Company through its subsidiary, has increased its stake from 90% to 95% in Godrej West Africa Holdings Ltd., Mauritius and Darling Trading Company Ltd., Mauritius. Details as required pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 are enclosed herewith.

2.Scrip code : 511288
Name : GRUH Finance Ltd
Subject : Announcement under Regulation 30 (LODR)-Scheme of Arrangement Sanction of the scheme of amalgamation between GRUH Finance Limited (‘Company’) and Bandhan Bank Limited (‘Bandhan’).

3.Scrip code : 542649
Name : Rail Vikas Nigam Limited
Subject : Shareholder Meeting / Postal Ballot-Scrutinizer”s Report Pursuant to Regulation 44 (3) of the SEBI (LODR) Regulations, 2015, it is hereby informed that all the items of business enlisted in Notice of 16th Annual General Meeting held on 18.09.2019 were approved by the shareholders with requisite majority. The details of the voting results in the prescribed format and the Scrutinizer’s Report are attached as Annexure-I. The Voting results alongwith the Scrutinizer’s Report are being uploaded on the website of the Company.

4.Scrip code : 956656
Name : Indiabulls Real Estate Limited
Subject : Announcement under Regulation 30 (LODR)-Credit Rating
This is to inform you that the rating committee of the rating agency CARE Ratings has revised the long-term rating of Indiabulls Real Estate Limited [IBREL] to ‘[CARE] A+’ and reaffirmed short-term rating at ‘[CARE] A1+’.

5.Scrip code : 890145
Name : Indiabulls Ventures Limited
Subject : Announcement under Regulation 30 (LODR)-Change in Directorate We write to inform you in terms of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 that the Company has appointed Mr. Praveen Kumar Tripathi, a retired IAS and Ex- Chief Secretary, Govt. of NCT Delhi (DIN: 02167497), as Independent Director on the Board of the Company for a period of two years, w.e.f. today i.e. September 16, 2019, in place of Mr. Abhaya Prasad Hota (DIN: 02593219), Independent Director of the Company, who has resigned from the Board of the Company, with effect from today, due to his health issues (kidney transplant in the recent past), which has restricted his professional activities to the minimum for about a year. Mr. Hota has confirmed that there is no other reasons for his resignation other than his ill health. The Board has placed on record its appreciation for the valuable contribution made by Mr. Hota to the Company, during his tenure. For details pls. refer attachment.

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