Notifications, Scrip Scan

Daily Notifications as on 18th May, 2020

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

Daily Notifications as on 18th May, 2020

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20200518-40

1. Scrip code : 533400
Name : Future Consumer Limited
Subject : Board approves Rights Issue of equity shares
Future Consumer Ltd has informed BSE about Outcome of Board Meeting held on May 16, 2020.

2. Scrip code : 500800
Name : TATA CONSUMER PRODUCTS LIMITED
Subject : Disclosure Under Reg 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 (Listing Regulations)- Acquisition Of Pepsico Stake In Nourishco Beverages Limited And Termination Of Joint Venture
This is with reference to NourishCo Beverages Limited (NourishCo) which is a 50:50 Joint Venture between the Company and PepsiCo India Holdings Private Limited (PepsiCo). This is to inform that the Company has decided to acquire the entire stake of PepsiCo in NourishCo (50%), consequently terminating the Joint-Venture and making NourishCo a wholly-owned subsidiary of the Company as well as transfer of rights over the ‘Gluco Plus / Gluco+’ brand from PepsiCo. This move is consistent with the Company’s focus on widening its portfolio in the Food and Beverages space and the above acquisition would be providing an established platform to the Company for further expansion in the Ready-To-Drink Beverage segment.

3. Scrip code : 517536
Name : Onward Technologies Ltd.
Subject : Announcement under Regulation 30 (LODR)-Scheme of Arrangement
Intimation under Regulations 30 & 37 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Scheme of Merger by Absorption of Onward eServices Limited, a wholly owned subsidiary of the Company (‘OeSL’) with the Company and their respective Shareholders (‘Scheme’)

4. Scrip code : 502015
Name : ASI INDUSTRIES LIMITED
Subject : Announcement Under Regulation 30 Of LODR, (Effective Of Scheme Of Amalgamation)
In continuation of our letter dated 30th April, 2020, we would like to inform you that the Scheme of Amalgamation of Deejay Mining and Exports Private Limited with the Company became effective from today i.e 18th May, 2020 i.e filing of Copy of Order to Registrar of Companies, Mumbai. Please find enclosed here with Copy of the Order of NCLT, Mumbai Bench

5. Scrip code : 500510
Name : Larsen & Toubro Limited
Subject : Intimation Under Regulation 30 – Scheme Of Arrangement
For Amalgamation Of L&T Shipbuilding Limited (“LTSB”) With Larsen & Toubro Limited (“L&T”) Further to our letter dated May 11, 2019, intimating the approval granted by the Board of Directors of the Company to the Scheme of Amalgamation of LTSB with L&T, we wish to inform you that the effective date of the Amalgamation is May 18,2020, pursuant to filing of the respective orders received from the Hon”ble National Company Law Tribunals at Mumbai and Chennai with the respective Registrar of Companies. We request you to take the same on record.

6. Scrip code : 533166
Name : Sundaram Multi Pap Ltd.
Subject : Announcement under Regulation 30 (LODR)-Scheme of Arrangement
This is with reference to the observation letters bearing reference number DCS/AMAL/JR/R37/ 1471/2019-20 and NSE/LIST/20048 dated May 06, 2019 issued by BSE Limited and National Stock Exchange of India Limited regarding the Scheme which, inter alia, envisages amalgamation of E-Class Education System Limited (”ECESL” or ”Transferor Company”) a subsidiary of Sundaram Multi Pap Limited into Sundaram Multi Pap Limited (”SMPL” or ”Transferee Company”). We wish to inform you that the Hon’ble National Company Law Tribunal, Mumbai Bench has in the final hearing held on April 30, 2020 through online has sanctioned the aforesaid Scheme of Amalgamation of E-Class Education System Limited with Sundaram Multi Pap Limited. The final order pronounced on April 30, 2020 was uploaded on the website Hon’ble National Company Law Tribunal today i.e. on May 15, 2020. The company is in the process of obtaining certified copy of the order from the Hon’ble NCLT.

7. Scrip code : 530627
Name : Vipul Organics Limited
Subject : Announcement under Regulation 30 (LODR)-Scheme of Arrangement
We wish to inform you that the Hon”ble National Company Law Tribunal (NCLT), Mumbai Bench, Mumbai heard the petition through video conferencing on 15th May 2020 and was pleased to approve the Scheme of Amalgamation. The certified copy of the order from the Hon’ble NCLT, Mumbai Bench, Mumbai is awaited. The Scheme will become effective upon filing of the certified copy of the order of the Hon”ble NCLT, Mumbai Bench, Mumbai with the Registrar of Companies.

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