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Daily Bulletin (6th November, 2019)

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Daily Bulletin (6th November, 2019)

1.Scrip code : 542285
Name : Axita Cotton Limited
Subject : Board to consider Bonus Issue
With reference to the earlier letter dated November 04, 2019 regarding a meeting of the Board of Directors of the Company will be held on November 14, 2019 inter alia, to consider and approve the Unaudited Financial Results of the Company for the half year ended on September 30, 2019, to appoint internal auditor of the Company for the F.-Y. 2019-20 due to resignation of earlier internal auditor of the Company and to consider other business items, Axita Cotton Ltd has now informed BSE that in the aforesaid board meeting will be held on November 14, 2019, the Board of Directors of the Company will also consider the proposal for issue of Bonus Shares.

2.Scrip code : 500696
Name : Hindustan Unilever Ltd.
Subject : Announcement under Regulation 30 (LODR)-Scheme of Arrangement
This is with reference to your observation letter bearing reference no. DCS/AMAL/JR/R37/1404/2018-19 dated 15th February, 2019 regarding the Scheme of Amalgamation by way of merger by absorption among GlaxoSmithKline Consumer Healthcare Limited (‘Transferor Company’) and Hindustan Unilever Limited (the ‘Company’) and their respective Shareholders and Creditors (the ‘Scheme’). We wish to inform you that the Hon’ble National Company Law Tribunal, Mumbai Bench, vide its order dated 24th September, 2019 (‘Order’), has sanctioned the aforesaid Scheme. This Order is subject to sanction of the Scheme by the Hon’ble National Company Law Tribunal, Chandigarh Bench. The certified copy of the aforesaid Order along with the sanctioned Scheme, as received by the Company on 6th November, 2019 from the Hon’ble National Company Law Tribunal, Mumbai Bench, is enclosed for your records.

3.Scrip code : 500800
Name : Tata Global Beverages Limited
Subject : Announcement under Regulation 30 (LODR)-Meeting Updates
Outcome of the National Company Law Tribunal, Kolkata Bench (‘Tribunal’) convened Meeting of the Equity Shareholders of Tata Global Beverages Limited (‘the Company’) held on Monday, November 04, 2019 This is to inform you that as per an Order dated September 20, 2019 passed by the Hon”ble National Company Law Tribunal, Kolkata Bench, a Meeting of the equity shareholders of the Company was convened i.e. on November 04, 2019 at 11.00 a.m. at Kala Mandir, 48, Shakespeare Sarani, Kolkata 700017 (”Meeting”), to consider, and if thought fit, to approve, with or without modification(s), the proposed Scheme of Arrangement between Tata Chemicals Limited (Demerged Company) and Tata Global Beverages Limited (Resulting Company) and their respective shareholders and creditors for the demerger of the Consumer Products Business of the Demerged Company to the Resulting Company (“Scheme”).

4.Scrip code : 535789
Subject : Outcome of Board Meeting
Enclosed are the Unaudited Standalone & Consolidated Financial Results of the Company for quarter and half year ended 30.09.2019, approved by its Board at its today’s meeting, commenced at 3:30 PM and concluded at 4:40 PM, along with Limited Review Reports, issued by Statutory Auditors. Board also declared an Interim Dividend of INR 7/- per equity share for FY19-20 (Record date – 19.11.2019). Further, the Board of Directors in the aforesaid meeting has also approved the issuance of secured and/or unsecured redeemable Non-Convertible Debentures of upto INR 10,000 Crore and Non-Convertible Debentures along with warrants through QIP of upto USD 1 billion, subject to applicable approvals. For further details pls. refer attached PDF file.

5.Scrip code : 540530
Name : Housing &Urban Development Corporation Ltd.
Subject : Board Meeting Intimation for Consideration And Approval Of The Unaudited Financial Results (Standalone And Consolidated) For Quarter & Half Year Ended 30Th September, 2019.
Housing And Urban Development Corporation Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/11/2019 ,inter alia, to consider and approve The Unaudited Financial Results (Standalone and Consolidated) for quarter & half year ended 30th September, 2019. Intimation is hereby given pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015,. Further, pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended thereto and Code of Conduct for Regulating, Monitoring and Reporting of Trading by Designated persons and their immediate relatives and for Fair Disclosure of HUDCO, the Trading Window, for dealing in the securities of the Company, is already closed from Tuesday, the 1st October, 2019 till 48 hours after the declaration of financial results for the quarter & half-year ended 30th September, 2019, for which the intimation has already been given to Stock Exchange(s) vide letter no. HUDCO/CS/SE/2019 dated 18th September, 2019 and the same will re-open on Saturday, 16th November, 2019

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