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Daily Bulletin (November, 19 2019)

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

Daily Bulletin (November, 19 2019)

  1. Scrip code : 502865
    Name : Forbes & Company Ltd
    Subject : Information Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015 The Board of Directors of the Company have authorized the management of the Company to evaluate a scheme of arrangement and/or other appropriate mechanisms to enable an eventual listing of Eureka Forbes Limited, with an intention to unlock value in the hands of all the shareholders of the Company. These may also include listing, dilution/sale or combination thereof of Eureka Forbes Limited. The Board will consider the above when the relevant proposals are placed before it in the near future, but in principle has approved supporting the endeavours of the management in this regard. Any such proposal, if approved, will be undertaken and completed in due compliance with applicable laws after consent of the Board of Directors, and where required, the shareholders of the Company.
  2. Scrip code : 539978
    Name : Quess Corp Limited
    Subject : Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order This is to inform you that the Regional Director, South-East region, Hyderabad, Ministry of Corporate Affairs, has, vide its confirmation order dated 15th November, 2019, received on 18th November, 2019, approved the Scheme of amalgamation between Aravon Services Private Limited, CentreQ Business Services Private Limited, Coachieve Solutions Private Limited, Master Staffing Solutions Private Limited with Quess Corp Limited and their respective shareholders and creditors in terms of Section 233 of the Companies Act, 2013. Further, the Scheme of Amalgamation would become effective from the appointed date i.e. 01st April, 2019
  3. Scrip code : 532540
    Name : Tata Consultancy Services Ltd.
    Subject : Announcement under Regulation 30 (LODR)-Press Release / Media Release
    Virgin Atlantic Expands Technology Partnership with TCS to Further Enhance Customer Experience

Excerpts from Gaurav’s Blog

  Rest in Peace now Gerela Saab  ! Mr S T Gerela ex GM of BSE passed away peacefully this morning We had not met in years but he always remained at the top of my mind when it came to testimonials for this is what he had said to me over a decade ago,when […] [...]

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This is a Riskless Reliance Industries Rights Investment Strategy for those over 2.3 Million Shareholders already holding RIL shares. It is not a recommendation to buy RIL cum rights  It’s a no brainer yet I’m just penning a brief note because some have told me they hold Reliance but are skipping the Rights ! Don’t […] [...]

 Wealth is negotiable, Health is not Your Personal Well Being is more important that the Stock Market Well Being ~ Always & more so in this unfathomable ongoing Covid-19 Reality Above’s a three minute reach out by me last night to all connected with me to reinforce this .It’s also posted on Facebook , […] [...]

Yes Bank ~ Has the RBI & MOF lost it !? SEBI really is a bystander here Controversial Lock In Clause 3 Sub Clause 8 (a) in the Scheme of Reconstruction  No wonder the Finance Minister Mrs Nirmala Sitharaman, while highlighting only selected points, even when asked for details of the Scheme,did not want to […] [...]