Notifications, Scrip Scan

Daily Notifications as on 11th May, 2020

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

Daily Notifications as on 11th May, 2020

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20200511-31

1. Scrip code : 500325
Name : Reliance Industries Ltd
Subject : ‘Record Date’ For The Purpose Of Rights Issue
We inform you that the Rights Issue Committee constituted by the Board of Directors of the Company has, at its meeting held today, fixed Thursday, May 14, 2020 as the ‘Record Date’ for the purpose of determining the equity shareholders entitled to receive the rights entitlement in the rights issue (‘Eligible Shareholders’). The Company has obtained International Securities Identification Number (ISIN): INE002A20018 for the purpose of credit of the rights entitlements in accordance with the provisions of Regulation 77A of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 read with relevant circulars in this regard issued by Securities and Exchange Board of India from time to time. The rights issue opening and closing dates will be informed separately.

2. Scrip code : 504341
Name : RAVINDRA ENERGY LIMITED
Subject : Board Meeting Intimation for Intimation Of Board Meeting To Consider And Approve The Scheme Of Amalgamation
Ravindra Energy Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/05/2020 ,inter alia, to consider and approve Pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please take notice that a Meeting of the Board of Directors of the Company will be held on Thursday, the 14th day of May 2020, inter alia, to consider and approve the Scheme of Amalgamation of Agri Venture Trading and Investment Private Limited (a Wholly-Owned Subsidiary) in to Ravindra Energy Limited.

3. Scrip code : 532757
Name : VOLTAMP TRANSFORMERS LIMITED
Subject : Announcement under Regulation 30 (LODR)-Scheme of Arrangement
The Board of Directors of the Company have considered and approved a Scheme of Amalgamation (the “Scheme”) between the Voltamp Transformers Limited (“VTL”” or “Company”) and Kunjal Investment Private Limited (“KIPL”), and their respective shareholders and creditors (“Scheme”) under Sections 230 to 232 read with section 66 and other applicable provisions of the Companies Act, 2013 (“2013 Act”).

Excerpts from Gaurav’s Blog

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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 […] [...]

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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 […] [...]