Notifications, Scrip Scan

Daily Bulletin (4th September, 2019)

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

Daily Bulletin (4th September, 2019)

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20190904-39

1. Scrip code : 532051
Name : Swelect Energy Systems Limited
Subject : Trading Approval For 5052920 Bonus Equity Shares.
The Company has received Trading approval from National Stock Exchange of India Limited and BSE Limited for Listing and admitted to dealings of 5052920 Bonus Equity shares on the exchanges with effect from September 04, 2019

2. Scrip code : 530001
Name : Gujarat Alkalis & Chemicals Ltd.
Subject : Board to consider Split/Sub-division of Equity Shares
Gujarat Alkalies and Chemicals Ltd has informed BSE that a Meeting of the Board of Directors of the Company will be held on September 27, 2019, inter alia: 1. To consider, subject to approval of the members of the Company, the proposal for split/sub-division of equity shares of the face value of Rs.10/- each of the Company; 2. To consider, subject to approval of the members of the Company, the proposal for amendment to the capital clause of the Memorandum of Association and the Articles of Association of the Company. Pursuant to the provisions of the Code of Conduct of the Company to Regulate, Monitor and Report Trading by Insiders, the Trading Window for sale / purchase / dealing in the Equity Shares of the Company shall remain closed from September 03, 2019 to October 01, 2019 (both days inclusive) for aforesaid purposes

3. Scrip code : 532483
Name : Canara Bank
Subject : Board Meeting Intimation for Intimation Of Board Meeting
CANARA BANK has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/09/2019 ,inter alia, to consider and approve In terms of Regulation 29 of the SEBI (LODR) Regulations 2015 and reference to our intimation dated 30.08.2019, the exchange is hereby informed that meeting of Board of Directors of the Bank is scheduled to be held on 13th September, 2019 (Friday) for considering following agenda:- 1. To consider the amalgamation of Syndicate Bank into Canara Bank. 2. To consider capital infusion upto Rs 9000 crore (Rupees Nine Thousand Crore only) by Government of India by way of preferential issue of Equity shares subject to necessary approvals. This is for Your Information & records.

4. Scrip code : 539981
Name : Max India Ltd.
Subject : Update On Composite Scheme Of Amalgamation And Arrangement
This is in furtherance to our letter dated August 28, 2019, whereby we informed your office of the observations letters received NSE and BSE on the Composite Scheme of Amalgamation and Arrangement amongst Max India Limited, Max Healthcare Institute Limited, Radiant Life Care Private Limited and a wholly owned subsidiary of Max India incorporated for this purpose, namely Advaita Allied Health Services Limited. In this regard, we would like to inform you that the parties to the Scheme, on September 4, 2019 have filed the said Composite Scheme of Amalgamation and Arrangement with National Company Law Tribunal [“NCLT”], Mumbai Bench. Kindly take the above on your record and oblige.

5. Scrip code : 532477
Name : Union Bank of India
Subject : Board Meeting Intimation for Prior Intimation Under Regulation 29(1)(D) Of Meeting Of Board Of Directors Of The Bank Scheduled To Be Held On Monday, September 9, 2019
UNION BANK OF INDIA has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 09/09/2019 ,inter alia, to consider and approve In terms of Regulation 29(1)(d) of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, we hereby inform that a meeting of Board of Directors is scheduled to be held on Monday, September 9, 2019, inter-alia, to consider the following- Amalgamation of the Andhra Bank and Corporation Bank into Union Bank of India. Raising of equity capital through preferential allotment to Government of India at a price to be determined in terms of SEBI (ICDR) Regulations, 2018, subject to requisite approvals. This is for your information and appropriate dissemination.

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 […] [...]

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 […] [...]

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 […] [...]

 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 , […] [...]

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 […] [...]