Notifications, Scrip Scan

Daily Notifications as on 17th July 2020

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

Daily Notifications as on 17th July 2020

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20200717-45

1. Scrip code : 542667
Name : White Organic Retail Limited
Subject : Record Date For The Purpose Of Issue Of Bonus Shares
In pursuance to approval of shareholders received vide postal ballot, we request you to note that the Board of Directors have fixed the Record date (for shares held in physical as well as for the ones held in electronic mode) for the purpose of issue of bonus shares and the same is Wednesday, July 29, 2020 (subject to receipt of in-principal approval of the Exchange). Stakeholders are requested to kindly take this notice on record in pursuance of regulation 42 of SEBI(LODR) Regulations, 2015 and the not the one submitted earlier.

2. Scrip code : 531642
Name : Marico Limited
Subject : Announcement under Regulation 30 (LODR)-Scheme of Arrangement
The Board approved the Scheme of Amalgamation between Marico Consumer Care Limited (a wholly owned subsidiary of the Company) and Marico Limited and their respective shareholders and creditors under Sections 230 to 232 of the Companies Act, 2013 and all other applicable provisions of the Companies Act, 2013 (‘the Scheme’). The Scheme is subject to the requisite statutory/regulatory approvals including the approval of jurisdictional National Company Law Tribunal (‘NCLT’), and the respective shareholders and creditors of the Company and Marico Consumer Care Limited (as may be directed by the NCLT). Disclosure pursuant to Regulation 30(2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI LODR Regulations’) read with SEBI Circular No. CIR/CF/CMD/4/2015 dated September 9, 2015, is given in Annexure-I to this letter.

3. Scrip code : 505506
Name : Axon Ventures Limited
Subject : Announcement under Regulation 30 (LODR)-Scheme of Arrangement
under section 230-232 of the Companies Act, 2013 of following companies in the company petition No. CSP 758/MB-II/2020. Proaim Enterprises Limited (First Transferor Company) Axon Ventures Limited (Second Transferor Company) Rockon Enterprises Limited (Third Transferor Company) With Banas Finance Limited (Transferee Company)

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 […] [...]