Daily Bulletin (2nd November, 2021)
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’
- 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.
- The Bank has commenced operations as a small finance bank with effect from November 1, 2021.
- 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.