Notifications, Scrip Scan

Daily Notifications as on 17th August 2020

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

Daily Notifications as on 17th August 2020

1. Scrip code : 543210
Name : Aarti Surfactants Limited
Subject : Announcement under Regulation 30 (LODR)-Open Offer – Updates
Ref: Proposed Open Offer by Ms. Jaya Chandrakant Gogri (‘Acquirer 1’) and Nikhil Holdings Private Limited (‘Acquirer 2’) (Collectively referred to as ‘Acquirers’) to acquire upto 19,71,965 Equity shares of Rs. 10/- each for cash at a price of Rs. 284/- aggregating upto Rs. 56,00,38,060 (Rupees Fifty Six Crores Thirty Eight Thousand and Sixty only), to the Public shareholders of Aarti Surfactants Limited (‘Target Company’) in accordance with the extant Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (‘Takeover Regulations’) (‘Open Offer’). We are attaching herewith a Detailed Public Statement dated August 14, 2020 received from Saffron Capital Advisors Private Limited, Manager to the captioned Open Offer. We request you to take the above disclosure on record. Thanking you, Yours faithfully, For Aarti Surfactants Limited Prashant B. Gaikwad Company Secretary ICSI M. No.: A46480

2. Scrip code : 533148
Name : JSW Energy Limited
Subject : Clarification sought from JSW Energy Ltd
The Exchange has sought clarification from JSW Energy Ltd with respect to news article appearing on August 15, 2020, titled “JSW forays into wind energy, wins 970 MW projects in Seci auctions”. The reply is awaited.

3. Scrip code : 532356
Name : Triveni Engineering & Industries Ltd
Subject : Updates on Buyback Offer
Axis Capital Ltd (“Manager to Buyback Offer”) has submitted to BSE a copy of Draft Letter of Offer for the attention of Equity Shareholders / Beneficial Owners of Equity Shares Of Triveni Engineering & Industries Ltd (“Target Company”).

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 […] [...]