Notifications, Scrip Scan

Daily Notifications as on 14th May, 2020

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Daily Notifications as on 14th May, 2020

1. Scrip code : 504341
Subject : Outcome Of The Board Meeting
The Board of Directors of the Company at its meeting held on Thursday, May 14, 2020 inter alia considered and approved the draft Scheme of Amalgamation of Agri Venture Trading and Investment Private Limited, a Wholly-Owned Subsidiary, into Ravindra Energy Limited, the Holding Company, under sections 230 to 232 of the Companies Act, 2013. Copy of the Scheme of Amalgamation, pursuant to the proviso to Regulation 37(6) of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, is enclosed herewith for the purpose of disclosure.

2. Scrip code : 522289
Subject : Announcement under Regulation 30 (LODR)-Acquisition
The Board has considered and approved the proposal for investment/acquisitions of Equity Shares by way of purchase, conversion or otherwise Equity Shares, One Public Company to the extent make them ‘Wholly Owned Subsidiary’ of NMS Resources Global Limited (Formerly ‘IFM Impex Global Limited’) i.e. NMS Enterprises Limited w.e.f. 1st April, 2020,that NMS Resources Global Limited will issue shares in lieu of consideration as per the valuation report provided the Merchant Banker to be appointed, to expand the business of the Company by pooling the available resources and obtaining the advantage by Economic of Scale, Availability of Better Resources, Expanded Client Base, Wider business Opportunities, Creating the ‘Synergy Effect’. Such investment by the Company is within the scope and limit as prescribed under section 186 of the Companies Act, 2013, subject to approval of concern authorities or parties.

3. Scrip code : 540725
Name : Share India Securities Limited
Subject : Announcement under Regulation 30 (LODR)-Acquisition
Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, we hereby inform you that the Board of Directors at their meeting held on Wednesday, 13th May 2020 have decided to purchase 100% Equity Shares of M/s. Total Commodities (India) Private Limited, subject to compliance with all applicable laws and requisite approvals, if any. Consequently M/s.Total Commodities (India) Private Limited will become a Wholly-Owned Subsidiary of the Company.

Excerpts from Gaurav’s Blog

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