Scrip Scan, Notifications

Daily Bulletin (2nd November, 2021)

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

Daily Bulletin (2nd November, 2021)

Daily Bulletin (2nd November, 2021)

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20211102-32

Scrip code : 540691

Name : Aditya Birla Capital Ltd

Subject : Intimation Under Regulation 30 Of SEBI Listing Regulations- Scheme Of Arrangement For Merger Of Wholly Owned Subsidiaries

This is to inform you that the Board of Directors of the Company, Aditya Birla Capital Technology Services Limited (“ABCTSL”) and Aditya Birla Money Mart Limited (“ABMML”), both wholly owned subsidiaries of the Company, at their respective Meetings held today, have approved the Scheme of Arrangement for merger of ABMML with ABCTSL, under Sections 230 – 232 of the Companies Act, 2013, subject to the approval of the Hon”ble National Company Law Tribunal, Bench at Ahmedabad and other statutory or regulatory approvals, if any.

 

Scrip code : 501150

Name : Centrum Capital Limited

Subject : Commencement Of Operations Of ‘Unity Small Finance Bank Limited’

  1. Centrum Financial Services Limited (‘CFSL’) and Centrum Microcredit Limited (‘CML’), wholly-owned subsidiaries of the Company have effected transfer of their respective businesses to Unity Small Finance Bank Limited (‘the Bank’), a step-down subsidiary of the Company, on November 1, 2021.
  2. The Bank has commenced operations as a small finance bank with effect from November 1, 2021.
  3. Pursuant to the aforesaid Business Transfers, CFSL and CML have discontinued their lending business. Further, CFSL shall transition to a ‘NBFC – Core Investment Company’ in due course. This intimation is being made in compliance with Regulation 30 and Regulation 51, read with Schedule III of the Listing Regulations. The Press Release issued by RBI dated November 1, 2021, on commencement of operations, is enclosed. The Press release being issued by the Bank in connection with the above is also enclosed herewith. Kindly take this on record and acknowledge receipt of this intimation.

 

Scrip code : 531162

Name : Emami Ltd

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

Subscribed Compulsory Convertible Preference Shares (CCPS ) of Brillare Science Pvt Ltd (‘Brillare’), the subsidiary company. Upon conversion of the said CCPS, company’s stake would be 66.29% subject to achievement of agreed future performance of Brillaire.

 

Scrip code : 532734

Name : GODAWARI POWER AND ISPAT LTD.

Subject : Acquisition Of Further 9.00 Lacs Shares Of Hira Ferro Alloys Limited (A Subsidiary Company) Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation 2015, we would like to inform you that pursuant to the decision of the Board of Directors of Godawari Power And Ispat Limited (GPIL) in its meeting held on 27.07.2021, the GPIL has subscribed to the Preferential Offer made by Hira Ferro Alloys Limited (HFAL) for the third trench of 9,00,000 equity shares at a price of Rs. 195/- per share. Subsequent to allotment of this 9,00,000 equity shares of HFAL, the GPIL’s holding in HFAL has been increased from 52.79% to 54.70% in the enhanced capital of HFAL wef 30th October, 2021. Further information pursuant to the provisions of Regulation 30 of SEBI (LODR) Regulations relating to the said acquisition is given as per letter attached dated 01.11.2021.

 

Scrip code : 512329

Name : Kintech Renewables Limited

Subject : Announcement under Regulation 30 (LODR)-Open Offer – Updates

We, Kintech Renewables Limited (hereinafter referred to as the ‘Target Company’) are hereby submitting the recommendations of committee of independent directors on the open offer made by Mr. Gaurank Singhal and Mr. Aditya Singhal (hereinafter collectively referred to as ‘Acquirers’) to acquire 2,51,980 (Two Lacs Fifty One Thousand Nine Hundred and Eighty) Equity Shares representing 25.20% of the total paid-up equity share capital of the Target Company at a price of INR 120/- ((Indian Rupees One Hundred and Twenty Only)) for each equity share of Target Company, pursuant to, and in compliance with, amongst others, Regulation 3(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and subsequent amendments thereto (‘SEBI (SAST) Regulations, 2011’). Kindly take the above information on your records.

 

Scrip code : 523457

Name : Linde India Limited

Subject : Acquisition Of Packaged Gases Business Of HPS Gases Ltd., Vadodara

We refer to our earlier announcement vide our letter ref no. Sect/72 dtd. 3 Aug. 2021 informing you about signing of a Business Transfer Agreement (BTA) in connection with Linde India Ltd.’s plan for acquisition of the packaged gases business of HPS Gases Ltd., Vadodara. We are pleased to confirm that in terms of the aforesaid BTA, the Company has on 1 Nov. 2021, signed and executed the closing documents & agreements with HPS Gases Ltd. for completing the aforesaid acquisition of their packaged gases business. In view of the above, acquisition of the packaged gases business of HPS Gases Ltd. is completed w.e.f. from 1 Nov. 2021. As informed earlier, the aforesaid acquisition will help expand Linde India’s presence in Packaged Gas and Micro Bulk market in Western India.

 

Scrip code : 508989

Name : Navneet Education Limited

Subject : Announcement under Regulation 30 (LODR)-Daily Buy Back of equity shares

Buyback by Navneet Education Limited (‘Company’) of its fully paid-up equity shares of face value of INR 2/- each from the open market through stock exchanges under the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018, as amended (the ‘Buyback Regulations’).

 

Scrip code : 532555

Name : NTPC Limited

Subject : Declaration Of COD Of First Part Capacity Of 80 MW Of 160 MW Jetsar Solar PV Project

In line with the Corporate Disclosure requirements, consequent upon successful commissioning and due approvals, first part capacity of 80 MW of 160 MW Jetsar Solar PV Project at Rajasthan, is declared on COD w.e.f. 22.10.2021. With this, the installed as well as commercial capacity of NTPC and NTPC group has become 53572.5 MW and 66997.5 MW respectively.

 

Scrip code : 530699

Name : Raj Rayon Industries Limited

Subject : Corporate Action-Outcome of Capital Reduction

The Board of Directors of the Company at its meeting held on November 02, 2021 has inter- alia approved: 1. Constitution of Issue and Allotment Committee. 2. Cancellation of 118035930 Equity Shares of promoters of Re. 1/- each fully paid up pursuant to NCLT order dated 5th October, 2021. 3. Cancellation of Shares held by Public which is less than 100 in numbers or in fraction and allot one equity share in place of 100 equity shares.

 

Scrip code : 539450 Name : S H Kelkar and Company Limited Subject : Buyback Offer Keynote Financial Services Ltd*(“Manager to the Offer”) has submitted to BSE a copy of Public Announcement for the attention of Equity Shareholders / Beneficial owners of S H Kelkar and Company Ltd (“Target Company”) for Buyback of Equity Shares through the Tender Offer Route under the Securities and Exchange Board of India (Buyback of Securities) Regulations, 2018, as amended.

Excerpts from Gaurav’s Blog

  Rest in Peace now Gerela Saab  ! Mr S T Gerela ex GM of BSE passed away peacefully this morning We had not met in years but he always remained at the top of my mind when it came to testimonials for this is what he had said to me over a decade ago,when The post RIP S T Gerela ex GM BSE ~ gave me the best compliment till date first appeared on Gaurav's Blog. [...]

Vedanta de-listing offer price Rs 87.50~Come on Mr Anil Agarwal ! Promoter Group of  Vedanta Ltd has proposed a voluntary de-listing at an indicative offer price of Rs 87.50~are the over 7.3 lakh minority shareholders from Alibag !? …apologies to the people of Alibag Some would term this as De-listing Duplicity ~ but I would The post Vedanta de-listing offer price Rs 87.50~Come on Mr Anil Agarwal ! first appeared on Gaurav's Blog. [...]

This is a Riskless Reliance Industries Rights Investment Strategy for those over 2.3 Million Shareholders already holding RIL shares. It is not a recommendation to buy RIL cum rights  It’s a no brainer yet I’m just penning a brief note because some have told me they hold Reliance but are skipping the Rights ! Don’t The post Riskless Reliance Industries Rights Investment Strategy first appeared on Gaurav's Blog. [...]

 Wealth is negotiable, Health is not Your Personal Well Being is more important that the Stock Market Well Being ~ Always & more so in this unfathomable ongoing Covid-19 Reality Above’s a three minute reach out by me last night to all connected with me to reinforce this .It’s also posted on Facebook , The post Covid-19 Crisis-Your Well Being is more important than Stock Market Well Being first appeared on Gaurav's Blog. [...]

Yes Bank ~ Has the RBI & MOF lost it !? SEBI really is a bystander here Controversial Lock In Clause 3 Sub Clause 8 (a) in the Scheme of Reconstruction  No wonder the Finance Minister Mrs Nirmala Sitharaman, while highlighting only selected points, even when asked for details of the Scheme,did not want to The post Yes Bank ~ Has the RBI & MOF lost it !? first appeared on Gaurav's Blog. [...]