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Daily Bulletin (1st November, 2019)

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Daily Bulletin (1st November, 2019)


1.Scrip code : 500108
Name : Mahanagar Telephone Nigam Ltd.
Subject : Announcement under Regulation 30 (LODR)-Press Release / Media Release
Dear Sir, We write to inform you that MTNL has received letter No. F.No. 30-04/2019-PSU Affairs dtd 29 October, 2019 (copy enclosed) regarding Revival of BSNL and MTNL by reducing employee costs, administrative allotment of spectrum for 4G services, debt restructuring by raising of sovereign guarantee bonds, monetization of assets and in-principle approval for merger of BSNL and MTNL. Kindly take the same on record. This issues with the approval of Competent Authority.

2.Scrip code : 539981
Name : Max India Ltd.
Subject : Voting Results Of The Business Transacted At The National Company Law Tribunal Convened Meeting Of Equity Shareholders Of Max India Limited (“The Company”) Held On Wednesday, October 30, 2019 In Terms Of (I) Companies Act, 2013 And NCLT Order And (Ii) Pursuant To Securities Exchange Board Of India Circular No. CFD/Dll3/CIR/2017/21 Dated March 10.2017 (SEBI Circular)
Further to our earlier intimation dated October 31, 2019 with regard to submission of proceedings of meeting of Equity shareholders of the Company held on October 30, 2019, we hereby submit the Voting Results of the said meeting convened and held as per the directions of the Hon’ble National Company Law Tribunal, Mumbai Bench, for approving the Composite Scheme of Amalgamation and Arrangement amongst Max India Limited, Max Healthcare Institute Limited, Radiant Life Care Private Limited and Advaita Allied Health Services Limited and their respective shareholders and creditors under Sections 230 to 232 of the Companies Act, 2013 (‘Scheme’).

3.Scrip code : 524572
Name : Pharmaids Pharmaceuticals Ltd.
Subject : Announcement under Regulation 30 (LODR)-Scheme of Arrangement
This is in continuation to our earlier communication regarding receipt of approval of National Company Law Tribunal, Hyderabad (NCLT) vide their order dated September 27, 2019 for the Scheme of Amalgamation between Emergent Bio Naturals Limited (Transferor Company) and Pharmaids Pharmaceuticals Limited (Transferee Company) We wish to inform you that pursuant to the said order and in accordance with the scheme of amalgamation, for every 1 (one) equity share of face and paid up value of Rs. 10/- each held in the transferor Company, 2 (two) equity shares of face and paid up value of Rs. 10/- in the Transferee Company will be issued to the equity shareholders of Transferor Company. Necessary filings for allotment of these shares will be filed with the stock exchanges and the depositories in due course of time.

4.Scrip code : 540975
Name : Aster DM Healthcare Limited
Subject : Announcement under Regulation 30 (LODR)-Acquisition With reference to the captioned subject, we would like to inform that Aster DM Healthcare FZC (step-down subsidiary of Aster DM Healthcare Limited), has incorporated a Limited Liability Company, Aster Alfaone FZ LLC, in Dubai. The details required as per Circular Number CIR/CFD/CMD/4/2015 dated September 09, 2015 pertaining to continuous disclosure requirements for Listed Entities under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, has been enclosed as Annexure I. We request you to kindly take the above information on record.

5.Scrip code : 509480
Name : Berger Paints India Ltd
Subject : Announcement under Regulation 30 (LODR)-Updates on Acquisition
Pursuant to the provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and further to our intimation under Regulation 30 of the SEBI (LODR) Regulations, 2015 dated 15th October, 2019 and our letter dated 18th October, 2019, copies of which are attached for your ready reference, we would like to inform you that the Company has till now acquired 91.94 % of the paid-up equity share capital of STP Limited out of 95.53% to be acquired by the Company. The balance 3.59% of the paid-up equity share capital is intended to be acquired shortly, as per the Share Purchase Agreement entered between the parties. STP Limited has thus become a subsidiary of Berger Paints India Limited with effect from 1st November, 2019. A Press Release, which is being issued in this regard, is enclosed.

6.Scrip code : 500338
Subject : Updates – Intimation Under Regulation 30 Of The SEBI (Listing Obligations & Disclosure Requirements) Regulations
Pursuant to Regulation 30 of SEBl (Listing Obligations & Disclosure Requirements) Regulations, 2015 and further to our letter dated July 30, 2019, we wish to inform you that the Company has acquired 14,78,412 equity shares of ` 10/- each aggregating to ` 1,47,84,120 constituting 27% in the total paid-up equity share capital of Sunspring Solar Private Limited, a subsidiary of Cleantech Solar Energy (India) Private Limited, for the power requirement of the Company’s tiles manufacturing facilities aggregating up to 4.62 MWp for the said facilities. The solar power plants are expected to be commissioned by March 2020 in a phased manner.

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