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Daily Bulletin (8th January, 2020)

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Daily Bulletin (8th January, 2020)

1.Scrip code : 500183
Subject : Announcement under Regulation 30 (LODR)-Acquisition
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Company has signed a Share Subscription Agreement(“Agreement”) on January 7, 2020, with Nivetti Systems Private Limited [CIN:U72200KA2014PTC073690), having its registered office at 4th and 5th Floor, Mech Block, PESIT South Campus, Hosur Road, Bangalore – 560 100 (“Nivetti”) and the existing promoters of Nivetti, to acquire 15% of the diluted paid-up equity share capital of Nivetti, in one or more tranches, by way of subscribing to its fresh equity. The details as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No.CIR/CFD/CMD4/2015 dated 9th September, 2015, is attached.

2.Scrip code : 532362
Name : Nagpur Power & Industries Ltd
Subject : Announcement under Regulation 30 (LODR)-Acquisition
Sub: Proposed Investment (Agree to Acquire Shares) in PAULSHANTANU ENGINEERING PRIVATE LIMITED Ref: Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 This is to inform you that on January 07, 2020, the company has entered into an MOU with PAULSHANTANU ENGINEERING PRIVATE LIMITED (PSEPL) a Company incorporated under the Companies Act, 2013 and having its registered office at H NO. 98 Navi Pada Kalyan Road Bhiwandi, Bandra Suburban Mumbai 421302 for investment in PSEPL subject to detailed due diligence. Further, the company after completion of the due diligence and further approval of the board will proceed with the investment.

3.Scrip code : 523862
Name : Pacheli Industrial Finance Limited
Subject : Disposal Of Stake
This is to inform you that Pacheli Industrial Finance Limited (Formerly known as ‘Dhoot Industries Limited’) has disposed off its stake in the following entities: 1. LIVING COMMERCE SPACE PRIVATE LIMITED – The Company had acquired 51% stake in the company. The company has disposed off its stake in the same.

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