Notifications, Scrip Scan

Daily Notifications as on 21st May, 2020

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

Daily Notifications as on 21st May, 2020

1. Scrip code : 532922
Name : Edelweiss Financial Services Ltd.
Subject : Outcome Of Board Meeting
This is to inform you that the Board of Directors of the Company, at their meeting held today, inter alia approved the following, subject to approval of the Members of the Company, viz: (a) to increase the limit to make loans to any person or other bodies corporate; give any guarantee or provide security in connection with a loan to any other body corporate or person; and acquire by way of subscription, purchase or otherwise securities of anybody corporate, from Rs. 10,000 crores to Rs. 20,000 crores, under Section 186 of the Companies Act, 2013; and (b) divestment/ pledge or creation of lien on / dilution / disposal of the Company’s investment(s) / asset(s) /undertaking(s). The approval of the Members of the Company for the aforementioned matters shall be sought through Postal Ballot. The meeting of the Board of Directors of the Company commenced at 6:10 p.m. and concluded at 6:35 p.m. Kindly take the same on record.

2. Scrip code : 524370
Name : Bodal Chemicals Ltd
Subject : Board Meeting Intimation for Amalgamation , Reappointment Of Mr. Suresh J. Patel As CMD, Appointment Of Additional Director
BODAL CHEMICALS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/05/2020 ,inter alia, to consider and approve 1. To consider amalgamation of Trion Chemicals Pvt. Ltd. (wholly owned subsidiary company) having Registered office at Plot No. 123-124, Phase-I, G.I.D.C., Vatva, Ahmedabad with our company subject to approval of NCLT(or NCLAT) of Gujarat and other regulatory authorities and to carry out all other work relating to amalgamation including approval of draft scheme of amalgamation; 2. To consider and approve reappointment of Mr. Suresh J. Patel as Chairman and Managing Director and fix his remuneration. 3. To consider and approve appointment of additional director to be designated as Director – HSE on the Board of the Company. 4. Any other business with permission of the Chairman.

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