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Daily Bulletin ( November 18, 2019)

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

Daily Bulletin ( November 18, 2019)

  1. Scrip Code: 513005
    Name: V.B.C. Ferro Alloys Ltd.
    Subject: Scheme of Arrangement inter alia, approved the following 1. Board approved the valuation report and scheme for merger of Orissa Power Consortium Limited with VBC Ferro Alloys Limited. 2. Board approved the valuation report and scheme for demerger of Power Project Division in VBC Power Company Limited. 3. Authorized Shri M.V. Ananthakrishna Whole-Time Director to file scheme of Merger and Demerger with Bombay Stock Exchange and to do all other required works as may be required in this regard
  2. Scrip Code: 515127
    Scrip Name: Ramasigns Industries Limited
    Equity Stock Split from Rs.10/- to Rs.5/-
  3. Scrip code : 947795
    Name : Reliance Communications Limited
    Subject : Announcement under Regulation 30 (LODR)-Change in Directorate Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Para A of Part A of Schedule III therein, your good office is hereby informed of the resignations tendered by the following directors of Reliance Communications Limited (‘Company’): i. Shri Anil D Ambani ii. Smt. Chhaya Virani iii. Smt. Ryna Karani iv. Smt. Manjari Kacker v. Shri Suresh Rangachar Your good office may also note that Shri Manikantan V., has also tendered his resignation as a director and Chief Financial Officer of the Company earlier. The aforementioned resignations shall be put up to the committee of creditors of the Company for their consideration.

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