Notifications, Scrip Scan

Daily Notifications as on 13th April, 2020

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

Daily Notifications as on 13th April, 2020

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20200413-46

1. Scrip code : 532755
Name : Tech Mahindra Limited
Subject : Modification in terms of acquisition of majority stake in Cerium Systems Private Limited
Tech Mahindra Ltd has informed BSE regarding “Modification in terms of acquisition of majority stake in Cerium Systems Private Limited”.

2. Scrip code : 500189
Name : NXTDIGITAL LIMITED
Subject : COVID-19 & Total Lockdown Situation- Authorization To Officers Of The Company For Making Application To The National Company Law Tribunal, Mumbai Bench.
In view of the COVID-19 and total lockdown situation, the Board of Directors of the Company on April 11, 2020 has granted authority to the officers of the Company for making application to the National Company Law Tribunal, Mumbai Bench: (1) (a) Seeking dispensation of meeting of the NCLT convened meeting of the shareholders scheduled to be held on Thursday, April 16, 2020 as the same in current environment will not be possible and (b) to consider and accept the votes casted via Remote E-voting / Postal Ballot facility till Wednesday, April 15, 2020 as the final consent of the shareholders towards the Scheme of Arrangement between IndusInd Media and Communications Limited (‘IMCL’ or ‘Demerged Company’) and NXTDIGITAL Limited (‘NXTDIGITAL’ or ‘Resulting Company’) and their respective shareholders;

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 […] [...]

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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 […] [...]