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Daily Bulletin (9th March, 2020)

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Daily Bulletin (9th March, 2020)

1.Scrip code : 504918
Name : Sandur Manganese & Iron Ores Ltd
Subject : Sanction Of The Scheme Of Amalgamation
In pursuance of provisions of Regulation 30 of SEBI (LODR) Regulations, 2015, please find enclosed herewith certified copy of the order passed by the Hon’ble National Company Law Tribunal, Bengaluru Bench sanctioning the Scheme of Amalgamation of Star Metallics and Power Private Limited with The Sandur Manganese & Iron Ores Limited and their respective Shareholders and Creditors.

2.Scrip code : 532345
Name : Gati Limited
Subject : Announcement under Regulation 30 (LODR)-Open Offer – Updates
Pursuant to Regulation 26(7) of the SEBI (SAST) Regulations, 2011, the ‘Recommendation of the Committee of the Independent Directors’ of Gati Limited (‘Target Limited’) in relation to the open offer made by Allcargo Logistics Limited (‘Acquirer’) to the public shareholders of the Target Company for acquisition of up to 3,17,42,615 equity shares of face value of ?2 each at a price of ?75 per fully paid up equity share pursuant to Regulations 3(1), 4 and other applicable provisions of SEBI (SAST) Regulations has been published in the following newspapers on Saturday, March 07, 2020 where the Public Announcement (‘PA’) of the open offer has been published

3.Scrip code : 514486
Name : Polygenta Technologies Ltd.
Subject : Letter Of Offer For Delisting And Bid Form
Please refer our letter dated 3 March 2020, wherein we had sent a copy of the Public Announcement, which was made in accordance with Regulation 10 of the Delisting Regulations in respect of the Delisting Offer by Company’s Promoter Acquirer – Perpetual Global Technologies Limited. Further to the above announcement, we state that letters of offer from Promoter Acquirer- Perpetual Global Technologies Limited and bid forms were sent to the all public shareholders and Polygenta Stock Option Trust, whose names appear in the Register of Members as on the specified date – 28 February 2020. They were also emailed to all those shareholders whose Email Ids are available with Registrar to the offer. A copy of the said Letter of Offer for Delisting of Polygenta Technologies Limited’s equity shares is attached. A copy of the Bid Form and Bid Withdrawal Form are also attached.

Excerpts from Gaurav’s Blog

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