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Daily Bulletin (23rd December, 2019)

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Daily Bulletin (23rd December, 2019)

1.Scrip code : 532605
Name : JBM Auto Limited
Subject : Board Meeting Intimation for Intimation Of Board Meeting, Primarily, To Consider And Take On Records The Orders Passed By Hon’Ble NCLT Delhi And Mumbai Approving The Scheme Of Amalgamation
JBM AUTO LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 24/12/2019 ,inter alia, to consider and approve Sir / Madam, This is to inform you that a meeting of the Board of Directors of the Company is scheduled to be held on Tuesday, 24° December, 2019, primarily, to consider and take on records the orders passed by Hon’ble National Company Law Tribunal – Delhi and Hon’ble National Company Law Tribunal – Mumbai dated 14** June, 2019 and 25* October, 2019 respectively approving the scheme of Amalgamation of JBM Auto System Private Limited and JBM MA Automotive Private Limited with the Company JBM Auto Limited and other matters relating there to. Further, as per the “Code of Conduct for Prevention of Insider Trading” of the Company, the ‘Trading Window’ for trading in the securities of the Company shall be closed for Directors, KMPs, Promoters & Promoters Group and Designated Persons etc. covered under the said code from 21%t December, 2019 and will end 48 hours after the outcomes of the Board Meeting are made available to the public. Please take it on your record.

2.Scrip code : 533148
Name : JSW Energy Limited
Subject : Announcement under Regulation 30 (LODR)-Restructuring
Vide our Press Release dated 30th January, 2019, we had informed you that for optimal corporate holding structure and better operational control, the Board had approved the transfer of its 100% subsidiary, JSW Energy (Kutehr) Limited, to JSW Hydro Energy Limited. We now wish to inform you that the transfer has been completed and JSW Energy (Kutehr) Limited has become a wholly owned subsidiary of JSW Hydro Energy Limited.

3.Scrip code : 524654
Name : Natural Capsules Ltd.
Subject : Announcement under Regulation 30 (LODR)-Acquisition
Outcome of Board Meeting held on 21st December, 2019 pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015: In accordance with Regulation 30, read with Schedule III, Part A, Para B, Clause 2 & 5 of SEBI (Listing Obligations & Disclosure Requirements)Regulations, 2015 and Annexure 1 of SEBI circular CIR/CFD/CMD/4/2015 dated September, 9 2015, we wish to inform you that the Board of Directors at their meeting held today i.e. 21.12.2019, have approved Company’s proposal to acquire new business. Natural capsules to acquire API business of Naari Pharma Private Limited Strategic Rationale for Diversification.

4.Scrip code : 530759
Name : Sterling Tools Ltd.
Subject : Announcement under Regulation 30 (LODR)-Joint Venture
This is to inform you that the Company has entered into a Joint Venture (JV) Agreement with Jiangsu Gtake Electric Company Limited, a China based Company. The two companies have agreed to join hands to provide the Indian Electric Vehicle OEM’s with best in class MCUs. The agreement calls for the companies to manufacture MCU’s domestically to cater to the Indian automotive market by developing local design engineering, application support and after sales service capabilities as per the requirements of the Indian industry.

5.Scrip code : 539141
Name : UFO Moviez India Limited
Subject : Announcement under Regulation 30 (LODR)-Acquisition
As part of the focus on data analytics towards enhancing -the business of cinema, the Company has identified a promising opportunity in Cinestaan Digital Pvt Limited (CDPL), a company promoted by Mr. Rohit Khattar.Its flagship product, an entertainment focussed destination, has a massive database of Indian cinema. CDPL”s initiatives are synergetic with the Company”s, in expanding product offerings in Tier II and Tier Ill towns. CDPL too shall benefit immensely from the Company”s footprint and movie related intelligence.The management of the Company believes that the proposed transaction synergizes both businesses to create a wining proposition in the market. The Board of Directors of the Company at its meeting held on December 20, 2019 has inter alia approved an investment of up to Rs 20 crores by way of convertible instruments over a period of three years in CDPL.The details of the proposed transaction is as per the attached file. Kindly take the same on your records.

6.Scrip code : 540145
Name : Valiant Organics Limited
Subject : Announcement under Regulation 30 (LODR)-Acquisition
Incorporation of Wholly Owned Subsidiary (WOS) Company namely Valiant Speciality Chemical Limited

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