Notifications, Scrip Scan

Daily Notifications as on 12th August 2020

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

Daily Notifications as on 12th August 2020

1. Scrip code : 507525
Name : Amrit Corp Limited
Subject : Disclosure Under Regulation 29(2) & (3) Of The SEBI (Substantial Acquisition Of Shares & Takeover) Regulations, 2011 – Acceptance Of 1,40,110 Equity Shares Of Rs.10/- Each Of Amrit Corp. Ltd. Under The Buy-Back Offer Through The Tender Offer Route By The Company
We have received intimation under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 from the Promoters of our Company viz. Amrit Corp. Limited. The copy of same is being forwarded herewith for your reference.

2. Scrip code : 526445
Name : Indrayani Biotech Ltd.
Subject : Intimation On The Outcome Of The Board Meeting Held On 8Th August 2020 And Disclosures Under SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015
a.The Board took on record the sanction of the Scheme by National Company Law Tribunal, Chennai by its order dated 5th August 2020 b. The Board authorizes Mr G. Swaminathan, Additional Director of the Company and Ms Roopa Ravikumar, Company Secretary to take all further action as required for the effecting the order of merger C. The Board also took on record that Helios Solutions Limited and A diet Express Hospitality Service Limited has fixed record date as August 21st 2020 for the purpose of identifying list of shareholders for giving effect to the scheme of amalgamation.

Excerpts from Gaurav’s Blog

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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 […] [...]