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Daily Bulletin (25th March, 2022)

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Daily Bulletin (25th March, 2022)

Daily Bulletin (25th March, 2022)

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20220325-57

 

Scrip code : 890157

Name : Bharti Airtel Ltd.

Subject : Update – Announcement Dated February 25, 2022 By The Company W.R.T. Agreement On Acquisition Of ~ 4.7% Equity In Indus Towers Limited By The Company And/Or Nettle Infrastructure Investments Limited (‘Nettle’), A Wholly-Owned Subsidiary From Euro Pacific Securities Ltd., An Affiliate Of Vodafone Group Plc (The Transaction) In Accordance With The Applicable Regulations

With reference to the captioned announcement, we wish to submit that pursuant to the above referred Agreement dated February 25, 2022 (‘Agreement’) entered inter alia into between certain affiliates of Vodafone Group Plc (including Euro Pacific Securities Ltd.), the Company and Nettle, the transaction shall be executed at INR 187.88 per share basis the agreed price formula in the Agreement, aggregating to INR 23,880.62 million, upon fulfillment of all conditions precedents as agreed by the parties under the Agreement. Kindly take the same on record.

 

Scrip code : 539876

Name : Crompton Greaves Consumer Electricals Limited

Subject : Announcement under Regulation 30 (LODR)-Updates on Acquisition

This has reference to our disclosure dated February 22, 2022 in connection with, among others, the execution of a share purchase agreement by Crompton Greaves Consumer Electricals Limited (‘Crompton’) with certain members of the promoter and promoter group of Butterfly Gandhimathi Appliances Limited (‘Target Company’) and the Target Company. We wish to inform you that on March 25, 2022, Crompton has acquired 98,33,754 equity shares representing 55.00% of the equity share capital of the Target Company (‘Sale Shares’) through the stock exchange settlement process.

 

Scrip code : 531162

Name : Emami Ltd

Subject : Announcement under Regulation 30 (LODR)-Acquisition

Company has acquired “Dermicool”, one of the leading brands in Prickly Heat Powder and Cool Talc Category from Reckitt Benckiser Healthcare (India) Private Limited.

 

Scrip code : 543317

Name : G R Infraprojects Limited

Subject : G R Infraprojects Limited Has Informed The Exchange That It Has Emerged As L-1 Bidder For ‘Construction Of Four Laning Of NH-71 From Madanapalle (Design Km 0.000/Existing Km 0.000 Of NH-71) To Pileru (Design Km 55.900/Existing Km 59.250 Of NH-71) (Design Length = 55.900 Km) In The State Of Andhra Pradesh Under Bharatmala Pariyojna On Hybrid Annuity Mode.’

G R Infraprojects Limited has informed the Exchange that it has emerged as L-1 bidder for ‘Construction of Four Laning of NH-71 from Madanapalle (Design Km 0.000/Existing Km 0.000 of NH-71) to Pileru (Design Km 55.900/Existing Km 59.250 of NH-71) (Design Length = 55.900 Km) in the State of Andhra Pradesh under Bharatmala Pariyojna on Hybrid Annuity Mode.’

 

Scrip code : 500171

Name : GHCL Ltd.

Subject : Approval Of The CCI In Relation To The Proposed Scheme Of Arrangement Between GHCL Limited (‘GHCL’ Or ‘Demerged Company’) And GHCL Textiles Limited (‘GHCL Textiles’ Or ‘Resulting Company’) And Their Respective Shareholders And Creditors

This is in continuation to our earlier intimation dated December 6, 2021, wherein it was informed that the Board of Directors of GHCL Limited had approved the Scheme of Arrangement involving demerger of Spinning Business Division of GHCL Limited to GHCL Textiles Limited, subject to receipt of applicable regulatory approvals. In this regard, we would like to inform you that on March 24, 2022, we received CCI order dated March 15, 2022 in which CCI accorded its approval for the proposed Scheme of Arrangement involving demerger of Spinning Business Division of GHCL Limited to GHCL Textiles Limited.

 

Scrip code : 538788

Name : Gilada Finance & Investments Ltd.

Subject : Board Meeting Intimation for Approval For Allotment Of Bonus Shares

Gilada Finance & Investments Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/04/2022 ,inter alia, to consider and approve 1. Allotment of 7024600 Equity Shares of Rs 5 each fully paid up (Post Sub-division) as Bonus Shares by Capitalization of Reserves. 2. Any other item with the permission of Chair.

 

Scrip code : 542726

Name : IndiaMART InterMESH Limited

Subject : Announcement under Regulation 30 (LODR)-Acquisition

Pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is hereby informed that IndiaMART InterMESH Limited has entered into an agreement to invest 51.09% of the share capital (on fully diluted basis) of Finlite Technologies Private Limited. The details of the transaction are attached.

 

Scrip code : 500850

Name : Indian Hotels Co. Ltd

Subject : Qualified Institutions Placement Of Equity Shares Of Face Value Rs. 1 Each (The “Equity Shares”) By The Indian Hotels Company Limited (The “Company”) Under The Provisions Of Chapter VI Of The Securities And Exchange Board Of India (Issue Of Capital And Disclosure Requirements) Regulations, 2018, As Amended (The “SEBI ICDR Regulations”), And Sections 42 And 62 Of The Companies Act, 2013, As Amended, Including The Rules Made Thereunder (The “Issue”)

We wish to inform you that the Committee at its meeting held today, i.e. March 25, 2022 has, inter alia, passed the following resolutions: a. Approved the closure of the issue period for the Issue today, i.e. March 25, 2022; b. Determined and approved the issue price of Rs. 202 per Equity Share (including a premium of Rs. 201 per Equity Share), which takes into account a discount of 0.73% (i.e. Rs. 1.48 per Equity Share) to the floor price of Rs. 203.48 per Equity Share determined as per the formula prescribed under Regulation 176(1) of the SEBI ICDR Regulations, for the Equity Shares to be allotted to the eligible qualified institutional buyers in the Issue; c. Approved and adopted the placement document dated March 25, 2022; and d. Approved and finalised the confirmation of allocation note to be sent to the eligible qualified institutional buyers, intimating them of allocation of Equity Shares pursuant to the Issue.

 

Scrip code : 531859

Name : ORIENTAL RAIL INFRASTRUCTURE LIMITED

Subject : Intimation Of Expansion Of Capacity For Manufacturing Wagons At Its Plant At Lakadiya, Gujarat

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015), we wish to inform you that our Wholly Owned Subsidiary Company, M/s. Oriental Foundry Private Limited is in the process of expanding the manufacturing capacity of Wagons at its plant at Lakadiya, Gujarat. This will enhance the existing capacity of production of upto ‘2,400 Wagons’ per year. This is for your kind information and records.

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