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Daily Bulletin (1st October, 2019)

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Daily Bulletin (1st October, 2019)

1.Scrip code : 524208
Name : Aarti Industries Ltd
Subject : Announcement under Regulation 30 (LODR)-Allotment
In continuation of our intimation on outcome of the Board Meeting held on August 13, 2019 pertaining to recommendation of Issue of Bonus Shares, and subsequent to the approval of shareholders accorded in the Annual General Meeting held on Monday, September 16, 2019, the Board of Directors in its meeting held today i.e October 01, 2019 approved the allotment of 8,71,17,237 (Eight Crore Seventy One lacs Seventeen Thousand Two Hundred and Thirty Seven) Equity Shares of Rs. 5 /- each as fully paid up, in the ratio of 1:1, to the eligible members whose name appear in the register of members/ list of beneficial owners as on September 30, 2019, being the record date fixed for this purpose.

2.Scrip code : 539201
Subject : Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association
Alteration in Memorandum of association to bring conformity with the split of equity shares

3.Scrip code : 530655
Name : Goodluck India Limited
Subject : Announcement under Regulation 30 (LODR)-Scheme of Arrangement Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that Meeting of the Shareholders of Goodluck India Limited is scheduled to be held on Saturday, 2nd November, 2019 at 10:00 A.M. at JP Hotel & Resorts 6B, Patparganj, I.P. Extension,NH-24,Delhi-110092 as directed by the Hon””ble National Company Law Tribunal, Principal Bench, New Delhi for the purpose of considering, and if thought fit, approving with or without modification(s), the proposed Scheme of Amalgamation of M/s. Swachh Industries Limited with Goodluck India Limited.

4.Scrip code : 539522
Name : Grovy India Limited
Subject : Announcement under Regulation 30 (LODR)-Scheme of Arrangement Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, this is to inform you that National Company Law Tribunal, New Delhi on 19th September, 2019 has approved the Scheme of Amalgamation between Ankur Buildtech Private Limited (Transferor Company 1) and Ganesh Contractors and Colonisers Private Limited (Transferor Company 2) and Ganesh Promoters Private Limited (Transferor Company 3) with Grovy India Limited (Transferee Company). We are hereby enclosing certified copy of order passed by National Company Law Tribunal, New Delhi.

5.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, the Company along with Ford Motor Company Inc., USA (“FMC”) has today executed a Business Transfer Agreement and Share Subscription Agreement (“the Agreements”) to enable the formation of a joint venture by way of the Company and/ or its subsidiaries acquiring 51 % of the equity share capital of Ardour Automotive Private Limited, presently a wholly owned subsidiary of FMC (“NewCo””) in India. The balance 49% equity shareholding in NewCo will be held by FMC and/ or any of its affiliates. NewCo will acquire the automotive business of Ford India Private Limited (“FIPL”), a wholly owned subsidiary of FMC. Upon completion of the aforesaid business transfer, the Agreements contemplate the execution of a Joint Venture Agreement and other ancillary documents between the Company and/ or its Subsidiaries and FMC and/ or any of its affiliates.

6.Scrip code : 535789
Subject : Update
The Delhi High Court today issued notices to Prashant Bhushan on applications filed by Indiabulls Housing Finance Ltd for Perjury and for dismissal of the PIL. Taking a serious note of the apparent perjury committed by Prashant Bhushan the court directed him to file replies within 10 days and has listed the applications for hearing on 24.10.2019 on which date the court will also consider the application filed by Indiabulls Housing for dismissal of the PIL. In its application to the Delhi High Court, Indiabulls Housing had submitted along with proofs that the PIL has been filed with distorted and fabricated facts with the sole objective of misleading the court to issue notice on the PIL, create a continuing overhang of the PIL on the company and thereby causing damage and financial loss to Indiabulls for fulfilling ulterior motives. For further details, refer attachment.

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