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Daily Bulletin (24th January, 2020)

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Daily Bulletin (24th January, 2020)


1.Scrip code : 505693
Name : La Tim Metal & Industries Limited
Subject : Corporate Action-Updates on Amalgamation/ Merger / Demerger
Pursuant to the Order passed by NCLT, Mumbai Bench dated 16th November 2019, the NCLT convened Meeting of Shareholders of the Company was held on Friday, 24th January, 2020 at 11.30 am at Rotary Service Centre, K.C. Hall, Ground Floor, Juhu Tara Road, Santacruz (W), Mumbai 400 069 for approving the Scheme of Merger by Absorption of La Tim Sourcing (India) Private Limited (WOS/Transferor Company) by La Tim Metal & Industries Limited (Transferee Company)

2.Scrip code : 532662
Name : HT Media Ltd
Subject : Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR”), this is to inform you that the Board of Directors of the Company at its meeting held on 23rd January, 2020 has approved acquisition of 8.48% equity stake of HT Overseas Pte. Ltd. (subsidiary company) from HT Digital Media Holdings Limited (subsidiary company). Consequent upon aforesaid acquisition, HTOS will become wholly-owned subsidiary of the Company. The relevant details as per SEBI circular no. CIR/CFD/CMD/4/2015 dated 9th September, 2015 are enclosed as Annexure – A. This is for your information and records.

3.Scrip code : 500550
Name : Siemens Ltd.
Subject : Announcement under Regulation 30 (LODR)-Acquisition
This is to inform you that the Company has today entered into definitive agreements for the acquisition of 99.22% (approximately) of the paid-up equity share capital of C&S Electric Limited from its promoters, subject to receipt of requisite regulatory approvals and fulfilment of condition precedents as agreed between the parties.

4.Scrip code : 517530
Name : Surana Telecom And Power Limited
Subject : Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015.
We would like to inform you that the Company has acquired further 24,50,000 equity shares of Rs.10/- each in its Subsdiary Company M/s. Tejas India Solar Energy Private Limited. Consequnetly, M/s. Tejas India Solar Energy Private Limited became Wholly-owned Subsidiary effective from 23rd January, 2020. Kindly take the same on record.

5.Scrip code : 531241
Name : Linc Pen & Plastics Ltd.
Subject : Announcement under Regulation 30 (LODR)-Scheme of Arrangement
Order of NCLT, Kolkata Bench regarding scheme of Arrangement and Amalgamation (”Scheme”) of Linc Pen & Plastics Ltd. with Linc Writing Aids Pvt. Ltd. and Linc Retail Ltd.

6.Scrip code : 500510
Name : Larsen & Toubro Limited
Subject : Announcement under Regulation 30 (LODR)-Issue of Securities
Sub: Issue of Non-convertible Debentures by Larsen & Toubro Limited (‘the Company’) Further to our letter dated January 21, 2020 and pursuant to Regulation 30 and other applicable provisions of SEBI(Listing Obligations and Disclosure Requirements) Regulations, 2015 the Company has today issued and allotted 10,000 6.72% Rated Listed Unsecured Redeemable Non-Convertible Debentures of Rs. 10 lakh each aggregating to Rs. 1000 crore which will mature on April 24, 2023. The said Debentures are proposed to be listed on the National Stock Exchange of India Limited. The interest on the said Debentures will be paid on an Annual Basis. This is for your information.

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