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Daily Bulletin (29th November, 2019)

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

Daily Bulletin (29th November, 2019)

1.Scrip code : 954977
Name : Mahindra & Mahindra Ltd.
Subject : Announcement under Regulation 30 (LODR)-Scheme of Arrangement
We refer to our letter dated 29th May, 2019 wherein it was intimated that the Board of Directors of Mahindra & Mahindra Limited (“the Company”) at its Meeting held on 29th May, 2019, subject to requisite approvals/consents, approved the Scheme of Merger by Absorption of Mahindra Vehicle Manufacturers Limited, a wholly owned subsidiary of the Company (“MVML”) with the Company and their respective Shareholders (“Scheme”) under the provisions of sections 230 to 232 of the Companies Act, 2013 with the Appointed date as 1st April, 2019. The following documents are enclosed: (a) Certified True Copy of the said Scheme (b) Certified True Copy of the Extract of the Resolution passed by the Board of Directors of the Company dated 29th May, 2019.

2.Scrip code : 540064
Name : Future Retail Ltd.
Subject : Clarifies on News item
With reference to news appeared in dated November 29, 2019 quoting “CCI approves’s proposal to acquire 49% stake in Future Coupons”, Future Retail Ltd has submitted to BSE a copy of Clarification is enclosed.

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