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Daily Bulletin ( December 6, 2019)

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

Daily Bulletin ( December 6, 2019)

  1. Scrip code : 532407
    Subject : Announcement under Regulation 30 (LODR)-Scheme of Arrangement The Hon”ble NCLT, Hyderabad bench, vide its order dated 04/12/2019 has been approved the Scheme of Amalgamation of First Pass Semiconductors Private Limited with MosChip Technologies Limited from the appointed date of Scheme. i.e. with effect from 01st April, 2018
  2. Scrip code : 531212
    Name : Nalin Lease Finance Ltd.
    Subject : Intimation Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015
    With regards to the captioned matter and in continuance of our letter dated 28th November, 2019, we would like to inform you that the Scheme of Arrangement involving Amalgamation of Amee Finance Limited, Gandhi Shroff Services Private Limited, Nalin Services Limited and Nalin Consultancy Services Limited with Nalin Lease Finance Limited (‘Scheme’) has become effective upon filing of certified copy of order of the Hon’ble National Company Law Tribunal, Ahmedabad Bench (‘NCLT’) sanctioning the scheme with the Registrar of Companies, Gujarat on 05th December, 2019. The Scheme has become effective from the Appointed Date, i.e., April 1, 2018.
  3. Scrip code : 540078
    Name : Mitsu Chem Plast Limited
    Subject : Board to consider Bonus Issue Mitsu Chem Plast Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on December 12, 2019, inter alia, to: 1. To consider and approve increase in Authorised Share Capital of the Company. 2. To consider and approve the Issue of Bonus. 3. To migrate the Company from SME segment of BSE Limited to Main Board of BSE Limited.
  4. Scrip code : 539026
    Name : SSPN Finance Limited
    Subject : Board approves Bonus Issue SSPN Finance Ltd has informed BSE that the Board of Directors of the Company at its meeting held on December 06, 2019, inter alia, has transacted the following Business : – Approved and recommended issuance of fully paid up Bonus Shares in the ratio of 1:1 i.e. 1 (One) fully paid up equity share for every 1 (One) equity share held, subject to shareholders’ approval.
  5. Scrip code :526235
    Name : Mercator Limited
    Strategic Sale of Participating Interest (PI) in the Oil Block CB-ONN-205/9 (CB-9) of Mercator Petroleum Limited, a material subsidiary of the Company. The above sale is subject to approval of specified lenders, shareholders of the Company and further regulatory approval(s) as may be applicable.


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