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Daily Bulletin (23rd March, 2022)

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Daily Bulletin (23rd March, 2022)

Daily Bulletin (23rd March, 2022)

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20220323-49

 

Scrip code : 500010

Name : Housing Development Finance Corp.Ltd

Subject : Announcement under Regulation 30 (LODR)-Press Release / Media Release

Approval of retail home loans of over Rs. 2 lakh crore during the period April 1, 2021 to March 21, 2022.

 

Scrip code : 500031

Name : Bajaj Electricals Ltd.,

Subject : Bajaj Electricals Limited Has Informed The Exchange About Completion Of The Procedure Towards Purchase/Acquisition Of Additional 2,671 (0.37%) Equity Shares In Nirlep Appliances Private Limited, Post Which Nirlep Has Now Become A WOS Of The Company

Pursuant to the provisions of Regulation 30 of the SEBI Listing Regulations, we wish to inform you that on March 23, 2022, the Company has completed the procedure towards purchase/acquisition of additional 2,671 (0.37%) equity shares in Nirlep Appliances Private Limited (‘Nirlep’), a subsidiary of the Company, from all the other shareholders of Nirlep, for a cash consideration at Rs.695.81 per equity share. With the above purchase/acquisition, the entire 100% equity share capital of Nirlep is now legally and beneficially held by the Company along with its nominees, and consequently, Nirlep has now become a wholly-owned subsidiary company of the Company. Details as required under Regulation 30 of the SEBI Listing Regulations, read with SEBI Circular No.CIR/CFD/CMD/4/2015 dated September 9, 2015 are provided in the enclosed Annexure.

 

Scrip code : 500247

Name : Kotak Mahindra Bank Ltd.

Subject : Announcement under Regulation 30 (LODR)-Acquisition

Kotak Mahindra Bank Limited (‘Bank’) has subscribed to 10,00,000 Equity Shares of Open Network for Digital Commerce (‘ONDC’) for a consideration of Rs. 10,00,00,000/-, translating into an equity shareholding of 7.84% in ONDC as on March 22, 2022.

 

Scrip code : 511768

Name : Master Trust Ltd.

Subject : Announcement under Regulation 30 (LODR)-Acquisition

In accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that ‘Master Infrastructure and Real Estate Developers Limited’, wholly owned subsidiary of the Company, has completed the acquisition of 100% equity shares of ‘Mastertrust Wealth Private Limited’ (CIN U65100CH2012PTC041871). Accordingly, Mastertrust Wealth Private Limited has become wholly owned subsidiary of ‘Master Infrastructure and Real Estate Developers Limited’ and a Step down wholly owned subsidiary of the Company w.e.f 23.03.2022.

 

Scrip code : 513262

Name : Steel Strips & Wheels Ltd

Subject : Pre-Payment Of Debt

In continuation to our letter dated 09.03.2022, we are pleased to inform you that the company has further prepaid the long term debt of Rs. 35.76 Crore thereby making the total prepayment of Rs. 97.03 Crore till date and after this pre-payment along with normal repayments for the period, the company’s Long term debt is reduced to Rs. 405.96 Crore. The Company is working to further pre-pay the long term loans within the current month, so as to be on course to achieve the targeted financial leverage of sub 2 times on total debt (Long Term/Short Term) basis.

 

Scrip code : 524570

Name : Poddar Pigments Ltd.

Subject : Intimation Of Commencement Of Commercial Production Of New Manufacturing Facility At Chaksu-Jaipur And The Total Installed Capacity Will Get Enhanced From 14400 MTPA To 18000 MTPA For The Company.

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that the newly set-up manufacturing facility of the Company situated at Greater Sitapura Industrial Park, National Highway 12 (Jaipur-Tonk Road) Village-Brijpura, (Chaksu), Jaipur-303901, Rajasthan has started commercial production w.e.f. Wednesday, 23rd March 2022. The Unit has been set up to manufacture Additive & Colour Masterbatches and Engineering Plastic Compounds and the total installed capacity will get enhanced from 14400 MTPA to 18000 MTPA for the company. However, it depends upon a particular product mix and may vary with changes in the product mix. This intimation is also being made available at the website of the Company i.e. www.poddarpigmentsltd.com. Submitted for your information and record purpose.

 

Scrip code : 532372

Name : Virinchi Limited

Subject : Announcement under Regulation 30 (LODR)-Allotment

Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, we wish to inform you that the securities allotment committee of the Company, at their meeting held today have allotted 3,96,60,234 equity shares of Rs.10/- each as fully paid-up bonus equity shares, in the ratio of One (1) equity share of Rs.10/- each for every one (1) existing equity share Rs.10/- each, to the members whose names appeared in the Register of Members/List of beneficial owners as on 22nd March, 2022, being the record date fixed for that purpose. Consequently, the paid-up equity share capital of the Company stands increased from Rs. 39,66,02,340/-compromising 3,96,60,234 equity shares of Rs. 10/- each to Rs. 79,32,04,680/- compromising 7,93,20,468/- equity shares of Rs. 10/- each.

 

Scrip code : 540743

Name : Godrej Agrovet Limited

Subject : Announcement under Regulation 30 (LODR)-Acquisition

We wish to inform you that the Company has made additional investment aggregating to Rs.25 Crore in the Equity Share Capital of Godrej Maxxmilk Private Limited (‘GMPL’), wholly owned Subsidiary Company, by way of subscription to Rights Issue and accordingly, has been allotted 7,35,295 Equity Shares of Face Value of Rs.10/- each of GMPL on March 22, 2022. Kindly take the above on your records.

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