Notifications, Scrip Scan

Daily Bulletin (4th December, 2019)

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

Daily Bulletin (4th December, 2019)

1.Scrip code : 502937
Name : Kesoram Industries Ltd
Subject : Announcement under Regulation 30 (LODR)-Scheme of Arrangement
In compliance with the provisions of the regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) 2015, please find enclosed a certified true copy of the Order bearing no. CP (CAA) No. 1349/KB/2019 CA (CAA) No. 655/KB/2019 dated December 3rd, 2019, issued by the National Company Law Tribunal, Kolkata bench in the matter of Scheme of Arrangement between Birla Tyres Limited and the Company.

2.Scrip code : 532749
Name : Allcargo Logistics Ltd
Subject : Clarifies on News item
With reference to news appeared in dated December 4, 2019 quoting “Allcargo plans to acquire up to 50% stake in Gati”, Allcargo Logistics Ltd has submitted to BSE a copy of Clarification is enclosed.

3.Scrip code : 500400 
Name : Tata Power Co. Ltd 
Subject : Announcement Under Regulation 30 (LODR) – Updates
Acquisition of equity and preference shares of Prayagraj Power Generation Company Limited by Resurgent Power Ventures Pte. Limited through its 100% subsidiary Renascent Power Ventures Private Limited

4.Scrip code : 524156
Name : TCM Ltd.
Subject : Board Meeting Intimation for Consideration Of Proposal To Acquire/ Invest In The Equity Shares Of Kakatiya Energy Systems Pvt Ltd Subject To Due Diligence And Valuation
TCM LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/12/2019 ,inter alia, to consider and approve We would like to inform you that a meeting of the Board of Directors of the Company has been scheduled to be held on Wednesday, the 11th December, 2019 at 03:00 P.M. at the registered office of the Company to transact following business:- 1. To discuss and decide upon the proposal to acquire/ invest in the equity shares of Kakatiya Energy Systems Pvt Ltd [CIN:- U52334TG1999PTC031844] by TCM Ltd subject to through Due-Diligence and proper valuation of shares of the Company, and subject to the approval of the shareholders of TCM Ltd and all regulatory approvals as required. 2. To identify and appoint suitable agencies/ professional firm to carry on the task of Due-Diligence and Valuation of shares of Kakatiya Energy Systems Pvt Ltd in a time bound manner for the proposed acquisition/ investment. 3. To sign a broad Memorandum of Understanding between TCM Ltd and Kakatiya Energy Systems Pvt Ltd, subject to the approval of the proposal by the Board of Directors.

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