Notifications, Scrip Scan

Daily Bulletin (November 22, 2019)

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

Daily Bulletin (November 22, 2019)

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20191122-27

  1. Scrip code : 509053
    Name : Banas Finance Limited
    Subject : Announcement under Regulation 30 (LODR)-Scheme of Arrangement In respect to the Amalgamation in form of merger under section 230 to 232 of Companies Act 2013 amongst ‘Proaim Enterprises Limited’ (the Transferor Company-1), ‘Axon Ventures Limited’ (the Transferor Company-2) and ‘Rockon Enterprises Limited’ (the Transferor Company-3) collectively referred to as ‘Transferor Companies’ with ‘Banas Finance Limited’ (Transferee Company) the copy of order from National Company Law Tribunal for convening meeting of Equity shareholders & creditors, delivered on 6th November, 2019 and received by us on 22nd November, 2019
  2. Scrip code : 542753
    Name : MAHAAN IMPEX LIMITED
    Subject : Open Offer Finshore Management Services Ltd (“Manager to the Offer”) has submitted to BSE a copy of Public Announcement under Regulation 13(1) and 15(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended (“SEBI (SAST) Regulations, 2011”) to the equity shareholders of Mahaan Impex Ltd (“Target Company”).
  3. Scrip code : 533398
    Name : MUTHOOT FINANCE LIMITED
    Subject : Announcement under Regulation 30 (LODR)-Acquisition Execution of the Share Purchase Agreement for the proposed Acquisition of IDBI Asset Management Limited and IDBI MF Trustee Company Limited We wish to inform you that a share purchase agreement has been entered into by and between Muthoot Finance Limited, IDBI Bank Limited, IDBI Capital Markets & Securities Limited, IDBI Asset Management Limited and IDBI MF Trustee Company Limited in relation to the proposed acquisition by Muthoot Finance Limited of 100% equity shares of IDBI Asset Management Limited held by IDBI Bank Limited and its nominees and IDBI Capital Markets & Securities Limited, and 100 % equity shares of IDBI MF Trustee Company Limited held by IDBI Bank Limited and its nominees subject to receipt of necessary regulatory approvals from Securities and Exchange Board of India and other relevant regulators.

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 […] [...]

Vedanta de-listing offer price Rs 87.50~Come on Mr Anil Agarwal ! Promoter Group of  Vedanta Ltd has proposed a voluntary de-listing at an indicative offer price of Rs 87.50~are the over 7.3 lakh minority shareholders from Alibag !? …apologies to the people of Alibag Some would term this as De-listing Duplicity ~ but I would […] [...]

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 […] [...]