Notifications, Scrip Scan

Daily Bulletin (24th July, 2019)

Scrip Sanctuaries for protection from the wildlife in this jungle of Indian Equities

Daily Bulletin (24th July, 2019)

There are no current notifications of our companies on this date
https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20190724-33

elphinstone-building-horniman-circle-mumbai1. Scrip code : 530431
Name : Ador Fontech Ltd
Subject : Board Meeting Intimation for 1. Consideration Of Audited Financial Statements For The Quarter Ended June 30,2019, Increase In The Authorised Share Capital, Consideration Of Proposal For Issue Of Bonus Shares
ADOR FONTECH LTD.-$has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 01/08/2019 ,inter alia, to consider and approve 1. Consideration of audited financial statements for the quarter ended June 30,2019 2. Increase in the Authorised Share Capital 3. Consideration of proposal for issue of bonus shares.

2. Scrip code : 523537
Name : APM Industries Ltd.
Subject : APM Industries Limited – Intimation Of Cost Of Acquisition
Cost of Acquisition of the shares pursuant to the Scheme of Demerger.

3. Scrip code : 750624
Name : Tata Sponge Iron Ltd
Subject : Announcement under Regulation 30 (LODR)-Allotment
Allotment of rights equity shares pursuant to the rights issue of Tata Sponge Iron Limited.

4. Scrip code : 500135
Name : Essel Propack ltd.
Subject : Open Offer Updates – Submission Of Recommendation Of IDC Of Essel Propack Limited In Relation To The Open Offer.
Please find enclosed herewith the copy of recommendation of the Committee of Independent Directors (IDC) of Essel Propack Limited (Target Company) in relation to the Open Offer and offer price offered to the public shareholders in relation to acquisition of shares of the Target Company by the Acquirer under the Open Offer.

5. Scrip code : 531082
Name : Alankit Limited
Subject : Intimation Of Proposed Acquisition – Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
Company is proposing to acquire 10,00,000 equity shares at face value of Rs. 10 each of Alankit Insurance Brokers Limited, representing Rs. 1,00,00,000 and constituting 100% of paid-up share capital of Alankit Insurance Brokers Limited subject to the approval of IRDA. Consequently Alankit Insurance Brokers Limited will become a wholly owned subsidiary of Alankit Limited on receipt of approval of IRDA.

6. Scrip code : 532661
Name : Rane (Madras) Ltd.
Subject : Announcement Under Regulation 30(LODR)- Updates On Acquisition
The Board of directors of the Company at its meeting held July 24, 2019 inter-alia has approved enhancement in investments up to USD 30 million (earlier USD 20 million) in Rane Precision Die Casting Inc., USA (RPDC), Step Down Subsidiary, either directly or through Rane (Madras) International Holdings B V, The Netherlands (RMIH), Wholly Owned Subsidiary of the Company, over the next five years.

Excerpts from Gaurav’s Blog

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This is a Riskless Reliance Industries Rights Investment Strategy for those over 2.3 Million Shareholders already holding RIL shares. It is not a recommendation to buy RIL cum rights  It’s a no brainer yet I’m just penning a brief note because some have told me they hold Reliance but are skipping the Rights ! Don’t […] [...]

 Wealth is negotiable, Health is not Your Personal Well Being is more important that the Stock Market Well Being ~ Always & more so in this unfathomable ongoing Covid-19 Reality Above’s a three minute reach out by me last night to all connected with me to reinforce this .It’s also posted on Facebook , […] [...]

Yes Bank ~ Has the RBI & MOF lost it !? SEBI really is a bystander here Controversial Lock In Clause 3 Sub Clause 8 (a) in the Scheme of Reconstruction  No wonder the Finance Minister Mrs Nirmala Sitharaman, while highlighting only selected points, even when asked for details of the Scheme,did not want to […] [...]