Notifications, Scrip Scan

Daily Bulletin (25th June, 2019)

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

Daily Bulletin (25th June, 2019)

There are no current notifications of our companies on this date

1. Scrip code : 531223
Name : Anjani Synthetics Limited
Subject : Announcement under Regulation 30 (LODR)-Acquisition

2. Scrip code : 502820
Name : DCM Ltd.
Subject : Announcement under Regulation 30 (LODR)-Scheme of Arrangement Apportionment of Cost of Acquisition of Equity Shares of DCM Limited and DCM Nouvelle Limited pursuant to a Scheme of Arrangement between DCM Limited (‘Demerged Company’) and DCM Nouvelle Limited (‘Resulting Company’)

3. Scrip code : 500234
Name : Kakatiya Cement Sugar & Industries Ltd.
Subject : Announcement under Regulation 30 (LODR)-Acquisition
Disclosure received from Shri Veeraiah Pallempati, one of the promoters, regarding acquisition of 3,290 shares constituting 0.04% of the Company’s shares, we are enclosing the prescribed formats in terms of Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and Form-C under Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015 duly submitted by Shri Veeraiah Pallempati.

4. Scrip code : 532898
Subject : Announcement under Regulation 30 (LODR)-Joint Venture
Power Grid Corporation of India Limited has entered into a Joint Venture Agreement with NTPC Ltd. to incorporate a Joint Venture Company (JVC) on 50:50 equity participation basis, with an objective to undertake the business for distribution of electricity in various States and Union Territories of India and other related activities. The said JVC shall be incorporated only after obtaining necessary approvals of the Government.

5. Scrip code : 957462
Name : Welspun Corp Limited
Subject : Corporate Action-Intimation of Buy back
Intimation of Buyback Size, Buyback Price and Record Date for Buyback. The buyback committee has fixed Friday, July 05, 2019 as the ‘Record date’ to determine the Equity shareholders of the Company who would be eligible to participate in the Buyback of Equity Shares of the Company.

6. Scrip code : 523628
Name : Poddar Housing and Development Limited
Subject : Outcome Of The Board Meeting- Disclosure Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015 For Withdrawal Of The Proposed Scheme Of Amalgamation Of Poddar Housing Private Limited With Poddar Housing And Development Limited
This is with reference to our letter dated 28th March, 2018 intimating the approval of the Board of Directors (‘Board’) of Poddar Housing and Development Limited (‘Company’) in relation to the draft Scheme of Amalgamation of Poddar Housing Private Limited with the Company and their respective Shareholders (‘Scheme’) under Sections 230 to 232 of the Companies Act, 2013 and other applicable provisions, if any, of the Companies Act, 2013. The Board at its meeting held today reviewed the proposal and decided to withdraw the Scheme of merger of Poddar Housing Private Limited with Poddar Housing & Development Limited in view of the uncertainty and delay of approval from NCLT, which was pending at and subject to the approval the Hon’ble National Company Law Tribunal (‘NCLT’), Mumbai Bench as the Scheme was filed with the Hon’ble NCLT, Mumbai Bench for admission on 19th December 2018 and now scheduled on August 6, 2019. The entire process was expected to be completed within 6-8 months from the date of application with the Hon’ble NCLT and hence the board has decided to withdraw the scheme of merger in its meeting of June 24, 2019. The same may kindly be read in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Request you to take the same on record. Thanking You, Yours faithfully, Hemal Shah Company Secretary.

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