Notifications, Scrip Scan

Daily Bulletin (3rd June 2019)

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

Daily Bulletin (3rd June 2019)

There are no current notifications of our companies on this date.
https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20190603-45

1. Scrip code : 523537
Name : APM Industries Ltd.
Subject : Announcement under Regulation 30 (LODR)-Scheme of Arrangement.
Kindly refer to our intimation dated May 29, 2019 informing about the approval of the Scheme of Arrangement among APM Industries Limited (Demerged Company) and APM Finvest Limited (Resulting Company) and their respective shareholders and creditors pursuant to the provisions of Sections 230 – 232 of the Companies Act, 2013 for the demerger of ‘Finance and Investment Undertaking’ (‘Demerged Undertaking’) of APM Industries Limited (Demerged Company) and subsequent amalgamation of Demerged Undertaking with its wholly owned subsidiary APM Finvest Limited (Resulting Company), by Hon’ble National Company Law Tribunal, Jaipur Bench vide there order dated May 24, 2019. The Company has received the Certified Copy of Order w.r.t. approval of Scheme of arrangement and simultaneously filed the Certified True Copy of the Order with Registrar of Companies, Ministry of Corporate Affairs on June 03, 2019 which shall be deemed to be the effective date for the purpose of the Scheme of Arrangement.

2. Scrip code : 534816
Name : Bharti Infratel LimitedSubject : Announcement under Regulation 30 (LODR)-Scheme of Arrangement.
Pursuant to Regulation 30(7) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are pleased to inform you that Hon’ble National Company Law Tribunal (NCLT), Chandigarh Bench, vide its order dated May 31, 2019, has sanctioned the scheme of amalgamation and arrangement between Indus Towers Limited (Transferor Company) and Bharti Infratel Limited (Transferee Company) and their respective shareholders and creditors under Section 230 to 232 of the Companies Act, 2013 (the ‘Scheme’). Copy of the order of Hon’ble NCLT is enclosed. The Scheme shall become effective on the date on which certified copy of the order of Hon’ble NCLT is filed with Registrar of Companies upon fulfilment/ waiver of other conditions prescribed in the Scheme. The effective date will be communicated to the Stock Exchanges for further public dissemination as and when the Scheme becomes effective. Kindly take the above information on record.

3. Scrip code : 536507
Name : Future Lifestyle Fashions Limited
Subject : Further Investment In Koovs Plc.
This is to inform that the Company has further invested by way of subscribing to 4,58,39,063 Ordinary shares at a price of GBP 0.08 per Ordinary share aggregating to GBP 3.67 millions (equivalent to approximately INR 32.43 Crore), of Koovs plc., a company incorporated in England.

4. Scrip code : 531199
Name : Glance Finance Ltd.
Subject : Updates on Buyback Offer Master Capital Services Limited (“Manager to the Buyback Offer”) has submitted to BSE a copy of Letter of Offer dated May 29, 2019 (“LOF”) along with tender form (for demat shareholder). The Buyback offer period will open on Monday, June 10, 2019 and will close on Friday, June 21, 2019.

5. Scrip code : 500620
Name : Great Eastern Shipping Co. Ltd.
Subject : Corporate Action-Buy back
Outcome of Board meeting- Approval for Buy back of equity shares.

6. Scrip code : 890146
Name : Hatsun Agro Products Ltd.
Subject : Update On Acquisition Of Cattle Feed Unit – Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’)
Further to our earlier intimation to the Stock Exchange on 2nd May 2019 intimating the approval of the Board for the acquisition of a Cattle Feed unit belonging to M/s. Madhur Pashu Aahar (Partnership Firm), located at Chandolewadi, Tal Sangola, Dist. Solapur, Maharashtra having a production capacity of 100 Tonnes per day on an outright asset purchase basis, we would like to inform you that the process of acquisition of the above said Cattle Feed Unit is Complete now.

7. Scrip code : 500520
Name : Mahindra & Mahindra Ltd.
Subject : Sale Of 1,92,00,000 Equity Shares Representing 1.54% Of The Total Paid Up Equity Share Capital Of Mahindra And Mahindra Limited By M&M Benefit Trust – Disclosure Under Regulation 30 Read With Schedule III Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
We would like to inform you that M&M Benefit Trust (‘the Trust’) which forms part of the Promoter Group of the Company, has today sold 1,92,00,000 equity shares (treasury stock) representing 1.54% of the total paid up equity share capital of the Company. The sale has been executed on the stock exchange(s), at a gross price of Rs.648 per share. Following the sale, the shareholding of the Promoters and Promoter Group of the Company has come down from 20.44% to 18.90% of the total paid up equity share capital of the Company.

8. Scrip code : 539978
Name : Quess Corp Limited
Subject : Announcement under Regulation 30 (LODR)-Updates on Acquisition.
This is an update to our stock exchange intimation dated April 17, 2019 wherein we had stated that the Acquirer, which is a subsidiary of Quess, had signed definitive agreements to acquire up to 93,49,095 equity shares of Allsec, representing 61.35% of the total share capital of Allsec (the ‘Underlying Transaction’). Subsequently, on May 29, 2019, we had intimated the stock exchanges that, as part of the Underlying Transaction, the Acquirer has acquired 39,61,940 equity shares of Allsec, representing 26.00% of the total share capital of Allsec. Now, we wish to inform you that in conclusion of the Underlying Transaction, the Acquirer has, today, acquired 53,87,155 equity shares of Allsec, representing 35.35% of the total share capital of Allsec by way of a block trade on the National Stock Exchange of India Limited. Accordingly, as on date, the Acquirer holds 93,49,095 equity shares of Allsec, representing 61.35% the total share capital of Allsec. We request you to take the above on record.

9. Scrip code : 530075
Name : Selan Exploration Technology Ltd.
Subject : Announcement under Regulation 30 (LODR)-Daily Buy Back of equity shares
Daily Buyback reporting

10. Scrip code : 517214
Name : Spice Mobility Limited
Subject : Announcement under Regulation 30 (LODR)-Scheme of Arrangement
Update on Comprehensive Scheme of Arrangement We wish to inform you that the Scheme has become effective on 1st June, 2019 on filing of the prescribed Form with the Registrar of Companies. As per the terms of the aforesaid Scheme of Arrangement, DTS Business Undertaking of Spice Digital Limited has been demerged into Spice Mobility Limited. Spice IOT Solutions Private Limited, Mobisoc Technology Private Limited and Spice Labs Private Limited, the subsidiary companies have got amalgamated with Spice Mobility Limited. Consequently, the following two step – down subsidiary companies, which were earlier subsidiaries of Spice Digital Limited, have become direct subsidiaries of Spice Mobility Limited: 1. S Global Services Pte. Limited, Singapore (SGS) 2. Spice Digital Bangladesh Limited

11. Scrip code : 532509
Name : Suprajit Engineering Ltd.
Subject : Announcement – Acquisition Of Halogen Bulb Manufacturing Facility From M/S. Osram India Pvt. Ltd.
Suprajit Engineering Ltd (Suprajit) has entered into an Asset Purchase Agreement to acquire the Halogen Bulb manufacturing facility (near Chennai) from M/s. Osram India Pvt. Ltd. With this acquisition, Suprajit’s Halogen Bulb’s annual capacity will increase from 87 million to about 110 million. Suprajit will emerge as one of top 3 manufacturers of Halogen Bulbs in the world.

12. Scrip code : 500055
Name : TATA STEEL BSL LIMITED
Subject : Announcement under Regulation 30 (LODR)-Acquisition
This is further to our letter dated May 31, 2019. We wish to inform you that Tata Steel BSL Limited has successfully completed the acquisition of Bhushan Energy Limited (”BEL”) in accordance with the Approved Resolution Plan under the Corporate Insolvency Resolution Process of the Insolvency and Bankruptcy Code, 2016. Pursuant to the acquisition, the Company holds 99.99% of the total equity share capital of BEL. This disclosure is made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This is for your information and records.

13. Scrip code : 532356
Name : Triveni Engineering & Industries Ltd
Subject : Fixed Record Date For Entitlement To Participate In The Buyback
In terms of the Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Regulation 9(1) of the Buyback Regulations, the Board has fixed Wednesday, June 19, 2019, as the record date (‘Record Date’) for determining the entitlement and the names of the Eligible Shareholders / Beneficial Owners to whom the letter of offer will be sent and who will be eligible to participate in the Buyback.

14. Scrip code : 507685
Name : Wipro Ltd.
Subject : Record Date For Buyback Of Equity Shares
This has reference to our earlier letter dated April 16, 2019, informing the stock exchanges that the Board of Directors have approved the buyback of equity shares by the Company and also our letter dated June 3, 2019, informing the stock exchanges that the shareholders have approved the buyback of equity shares by the Company. Pursuant to regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, regulation 9(i) of SEBI (Buy-Back of Securities) Regulations, 2018 and Clause 204.21 of the NYSE Listed Company Manual, the Company has fixed Friday, June 21, 2019 as the Record Date for the purpose of determining the entitlement and the names of equity shareholders who are eligible to participate in the buyback.

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