Notifications, Scrip Scan

Daily Bulletin (November, 25 2019)

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

Daily Bulletin (November, 25 2019)

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20191125-37

  1. Scrip code : 532179
    Name : Corporation Bank
    Subject : In-Principle Approval Of Alternative Mechanism (AM) For The Amalgamation Of Corporation Bank And Andhra Bank Into Union Bank Of India.I
    n-principle approval of Alternative Mechanism (AM) for the Amalgamation of Corporation bank and Andhra Bank into Union bank of India.
  2. Scrip code : 515085
    Name : Restile Ceramics Ltd.
    Subject : Board Meeting Intimation for Sub: Intimation Of Board Meeting RESTILE CERAMICS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/11/2019 ,inter alia, to consider and approve Dear Sir/Madam, Sub: Intimation of Board Meeting The Board of Directors had considered the draft Scheme of Amalgamation and Arrangement between Restile Ceramics Limited (‘RCL’ or ‘Transferor Company 1’) and Atreya Finance Private Limited (‘AFPL’ or ‘Transferor Company 2’) with Bell Granito Ceramica Limited (‘BGCL’ or ‘Transferee Company’) in its Board Meeting held on 14th November 2019. Owing to the requirement of further information, the Board of Directors hereby inform that the said matter shall be considered in its meeting on 29th November 2019. You are requested to take the above on your record. Thanking You. Yours Faithfully, For Restile Ceramics Limited Authorised signatory
  3. Scrip code : 533271
    Name : Ashoka Buildcon Limited
    Subject : Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order In continuation to the announcement made on November 18, 2019, Ashoka Buildcon Limited (‘the Company’) further updates that the Company’s subsidiary viz. Ashoka Concessions Limited (‘ACL’) has received a Letter of Award (LOA) from National Highways Authority of India (‘NHAI’) for the Project viz. Four laning of NH-161 from Kandi (Design Km 0.000) (Km 498.250 of NH-65) to Ramsanpalle (Design Km 39.980/Existing Km 44.757) (Design Length = 39.980 Km) in the State of Telangana under Bharatmala Pariyojna on Hybrid Annuity Mode. The accepted Bid Project Cost is Rs.1,000 Crore. This is for your kind information.
  4. Scrip code : 522263
    Name : JMC Projects (india) Ltd.
    Subject : Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order JMC secures new orders of Rs. 615 Crores
  5. Scrip code : 500387
    Name : Shree Cements Ltd.,
    Subject : Announcement under Regulation 30 (LODR)-Qualified Institutional Placement The QIP Committee at its meeting held today i.e. on 22nd November, 2019, has inter alia, passed the following resolutions: a. Approved the closure of the issue period for the QIP today i.e. on 22nd November, 2019; b. Determined and approved the issuance of 1243523 Equity shares of Rs. 10 each at issue price of Rs. 19300 per Equity Share (including a premium of Rs. 19290 per Equity Share), [which is at a discount of 2.56% i.e. Rs. 506.46 per Equity Share to the floor price of Rs. 19806.46 per Equity Share], determined according to the formula prescribed under Regulation 176(1) of the SESI ICDR Regulations, for the Equity Shares to be allotted to eligible qualified institutional buyers pursuant to the QIP; c. Approved and adopted the placement document dated 22nd November, 2019; and d. Approved and finalized the confirmation of allocation note (“CAN”) to be issued to the eligible qualified institutional buyers, intimating them of allocation of Equity Shares, pursuant to the QIP.

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 […] [...]