Notifications, Scrip Scan

Daily Bulletin (25th February, 2020)

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

Daily Bulletin (25th February, 2020)

1.Scrip code : 539526
Name : Suncare Traders Limited
Subject : Outcome Of Extra Ordinary General Meeting Of The Company Held Today I.E. On Tuesday, February 25, 2020 With Proceedings.
We hereby inform you that the Extra Ordinary General Meeting of the Company held on today, i.e. on Tuesday, February 25, 2020, at Registered Office of the Company i.e. 7, Shree Shakti Estate, Behind Milan Complex, Sarkhej- Sanand Cross Road, Sarkhej, Ahmedabad – 382 210, which was commenced at 02:00 P.M. and concluded at 03:12 P.M., has discussed and approved the following by way of requisite majority respectively: SPECIAL BUSINESS: 1. Considered and Approved Increase in Authorised Capital from Rs. 12 Crores to Rs. 34 Crores. 2. Considered and Approved the Sub-Division of Face Value of Equity Shares of Rs. 10/- into Rs. 2/- per Equity Share. 3. Considered and Approved the Issue Bonus Shares in the ration of 2:1. 4. Considered and Approved the amend the Clause V (Capital Clause) in the Memorandum of Association.

2.Scrip code : 526241
Name : Amrapali Industries Ltd
Subject : Outcome Of The Board Meeting For The Scheme Of Arrangement
This is to inform you that the Board of Directors of the Company at its meeting held today, which was commenced at 11:00 A.M and concluded at 12:30 P.M, the board after considering the report of the Audit Committee of the Company, has considered and approved a Scheme of Arrangement pursuant to Sections 230 and 232 of the Companies Act, 2013 for demerger of the Entertainment Business (“Demerged Undertaking”) of Amrapali Industries Limited into Amrapali Asset Reconstruction Private Limited with effect from the Appointed Date on April 1, 2020. The Scheme is subject to requisite statutory approvals including sanction by the National Company Law Tribunal and approval of the BSE Limited. The Scheme will be filed with the Stock Exchanges as per the applicable provisions of Regulation 37 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Kindly take the same on your record and bring it to the notice of members and Investors.

3.Scrip code : 540702
Name : Lasa Supergenerics Limited
Subject : Outcome For Board Meeting Held Today I.E February 22,2020
Acquisition of Harishree Aromatics and Chemicals Private Limited through Scheme of Amalgamation. 2. Appointment of Merchant Bankers and other consultants to scheme.

4.Scrip code : 955189
Name : KEC International Ltd. (formerly known as KEC Infrastructures Ltd.)
Subject : Announcement under Regulation 30 (LODR)-Press Release / Media Release
We wish to inform you that KEC International Limited, through its wholly owned subsidiary, KEC Towers LLC, Dubai, has acquired a transmission tower manufacturing facility with an installed capacity of 50000 MT situated in mainland Dubai, United Arab Emirates. A Press Release in this regard is enclosed herewith.

5.Scrip code : 500820
Name : Asian Paints Ltd.
Subject : Corporate Action-Board approves Dividend
The Board of Directors of the Company at their meeting held today has, inter alia, approved payment of second interim dividend of ` 7.15 (Rupees seven and paise fifteen only) per equity share of the face value of ? 1 (Rupee one) each for the financial year ending 31st March, 2020, based on the financial performance for the period ended 31st December, 2019. The total dividend declared as on date for the financial year ending 31st March, 2020, including the first interim dividend of ? 3.35 (Rupees three and paise thirty five only) per equity share of the face value of ? 1 (Rupee one) each as approved by the Board of Directors of the Company at their meeting held on 22nd October, 2019, aggregates to ? 10.50 (Rupees ten and paise fifty only) per equity share of the face value of ? 1 (Rupee one) each.

Excerpts from Gaurav’s Blog

  Rest in Peace now Gerela Saab  ! Mr S T Gerela ex GM of BSE passed away peacefully this morning We had not met in years but he always remained at the top of my mind when it came to testimonials for this is what he had said to me over a decade ago,when […] [...]

Vedanta de-listing offer price Rs 87.50~Come on Mr Anil Agarwal ! Promoter Group of  Vedanta Ltd has proposed a voluntary de-listing at an indicative offer price of Rs 87.50~are the over 7.3 lakh minority shareholders from Alibag !? …apologies to the people of Alibag Some would term this as De-listing Duplicity ~ but I would […] [...]

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 […] [...]