Notifications, Scrip Scan

Daily Bulletin (28th June, 2019)

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

Daily Bulletin (28th June, 2019)

There are no current notifications of our companies on this date

1. Scrip code : 540902
Name : Amber Enterprises India Limited
Subject : Announcement under Regulation 30 (LODR)-Updates on Acquisition
This is in continuation to our letters dated 29 June 2018, 1 October 2018, 29 December 2018 and 29 March 2019 and regarding acquisition of Ever Electronics Private Limited (‘EVER’) to the extent of 70% stake of total Share Capital by the end of 30 June 2019 in one or more tranches. We would like to inform you that Promoters of EVER has requested for extension of time limit for completing the Conditions Precedent to enable Amber Enterprises India Limited (‘AEIL’) to acquire balance 51% of stake of total Share Capital of EVER. The Company so far hold only 19% stake in the share capital of EVER. Considering the request, AEIL has extended the timeline to complete the acquisition of balance stake of 51% by 31 August 2019 in one or more tranches. The aforesaid is for your necessary information and records.

2. Scrip code : 526797
Name : Greenply Industries Ltd
Subject : Announcement under Regulation 30 (LODR)-Scheme of Arrangement
Further to our earlier intimation dated 26.04.2019 on the captioned subject, we hereby inform you that the Hon’ble Guwahati Bench of National Company Law Tribunal (‘NCLT’) has approved the Composite Scheme of Arrangement between Greenply Industries Limited (”Demerged Company”) and Greenpanel Industries Limited (”Resulting Company”) and their respective shareholders and creditors on 28.06.2019. Copy of order passed by the Hon’ble Guwahati Bench of National Company Law Tribunal is enclosed for your record.

3. Scrip code : 500234
Name : Kakatiya Cement Sugar & Industries Ltd.
Subject : Announcement under Regulation 30 (LODR)-Updates on Acquisition
Disclosure received from Shri Veeraiah Pallempati, one of the promoters, regarding acquisition of 2,000 shares constituting 0.03% 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 : 506261
Name : Modison Metals Ltd
Subject : Intimation Of Purchase Of 100% Equity Shares In M/S. Modison Contacts Private Limited By Making It Wholly Subsidiary Company.
Further to our letter dated 15.06.2019 regarding the Board approval to purchase equity shares in M/s. Modison Contacts Pvt Ltd and by making it as wholly owned subsidiary Company. The agreement is executed on 17th June,2019. The date of completion of purchase of equity shares in wholly owned subsidiary Company and date of payment is 17th June,2019. Thus, M/s. Modison Contacts Pvt Ltd is said to be a wholly owned subsidiary Company of M/s. Modison Metals Limited w.e.f 17th June,2019. We request you to take the above on records.

5. Scrip code : 533179
Name : Persistent Systems Limited
Subject : Announcement under Regulation 30 (LODR)-Acquisition
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the ‘Regulations’), we wish to inform you that, pursuant to the Stock Purchase Agreement signed on June 25, 2019 between the Company”s wholly owned subsidiary in Germany namely, Persistent Systems GmbH and Youperience GmbH, Youperience GmbH has further entered into an agreement on June 27, 2019 to acquire remaining 70% stake in Youperience Ltd. The acquisition is subject to customary closing conditions which are expected to be completed within 2 weeks. The Company will inform the closure of the transaction to the stock exchanges in due course.

6. Scrip code : 540673
Name : Security and Intelligence Services (India) Limited
Subject : Announcement under Regulation 30 (LODR)-Acquisition
Intimation of agreement to acquire shareholding in Triton Security Services Limited by Platform 4 Group Limited, a subsidiary of Security and Intelligence Services (India) Limited (‘the Company’).

7. Scrip code : 512070
Name : UPL Limited
Subject : Announcement under Regulation 30 (LODR)-Updates on Acquisition
We would like to inform you that UPL Ltd had made an announcement to the stock exchange on November 21, 2018 for acquisition (‘Transaction’) of 100% shares of INDUSTRIAS BIOQUIM CENTROAMERICANA, SOCIEDAD ANÓNIMA, a company based out of Costa Rica, and certain other group companies, engaged in the business of manufacturing, distribution, commercialization, export and import of synthetic inorganic agricultural pesticides in Costa Rica and certain other countries in Caribbean and Central American Region. We would now like to inform that the Transaction has closed on June 27, 2019. This acquisition has been made through a subsidiary of UPL Corporation Ltd, the international arm of UPL Ltd. May we request you to take the same on your record and inform all your constituents accordingly.

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