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Daily Bulletin (25th October, 2019)

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Daily Bulletin (25th October, 2019)

1.Scrip code : 534816
Name : Bharti Infratel Limited
Subject : Announcement under Regulation 30 (LODR)-Scheme of Arrangement
Update on Scheme of amalgamation and arrangement between Indus Towers Limited (Indus) and Bharti Infratel Limited (Bharti Infratel) under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

2.Scrip code : 532735
Name : R Systems International Limited
Subject : Announcement under Regulation 30 (LODR)-Scheme of Arrangement
We wish to inform you as required in terms of Regulation 30, 33 and other applicable provisions of the Listing Regulations that the Board of Directors of R Systems International Limited at its meeting held at C-40, Sector-59, Noida (U.P.) – 201307 on October 25, 2019 commenced at 11:30 A.M. and concluded at 1:35 P.M. has inter alia approved Scheme of Amalgamation (‘Scheme’) under Section 230-232, 234 and other applicable provisions of the Companies Act, 2013 between RightMatch Holdings Limited (‘RightMatch’) and R Systems International Limited and their respective shareholders and creditors.

3.Scrip code : 532454
Name : Bharti Airtel Ltd.
Subject : Announcement under Regulation 30 (LODR)-Acquisition
In terms of Regulation 30 of SEBI Listing Regulations, we wish to inform you that the Company has entered into an Agreement on October 24, 2019 for acquisition of stake in Vahan Inc. The press release being issued by the Company in this regard, is enclosed. Other details as required to be disclosed under aforesaid Regulation 30 read with clause 1 of Para A of Annexure I of SEBI Circular dated September 9, 2015, are enclosed as ‘Annexure A’. Kindly take the same on record.

4.Scrip code : 540005
Name : Larsen & Toubro Infotech Limited
Subject : Announcement under Regulation 30 (LODR)-Updates on Acquisition
In continuation to our previous disclosure vide letter no. LTI/SE/STAT/2019-20/46 dated October 17, 2019, thereby intimating inter-alia the signing of definitive agreement for acquisition of PowerupCloud Technologies Private Limited (‘PowerupCloud’), having its registered office in Tamil Nadu and headquartered in Bangalore alongwith its additional offices in Coimbatore, Singapore and Chicago, we would like to inform that the Company has completed today the acquisition of 100% shareholding of PowerupCloud. Consequently, PowerupCloud is now a wholly owned subsidiary of the Company.

5.Scrip code : 532790
Name : Tanla Solutions Ltd.
Subject : Announcement under Regulation 30 (LODR)-Updates on Acquisition
This is to inform the Exchange that, pursuant to special resolution passed by the members of the Company in the 23rd Annual General Meeting held on September 30, 2019 and in- principle approvals received from NSE and BSE on 4th & 23rd October 2019 respectively, the Board of Directors of the Company has today approved allotment of 21,19,688 equity shares of the Company to Mr. Kishore Annapureddy and Ms. Nishitha Nagireddy, Promoters of Gamooga Softtech Private Limited (‘Preferential Allotment’) in relation to acquisition of 100% of the equity shares (‘Sale Shares’) of Gamooga Softtech Private Limited.

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