Notifications, Scrip Scan

Daily Notifications as on 22nd April, 2020

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

Daily Notifications as on 22nd April, 2020

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20200422-25

1. Scrip code : 532636
Name : IIFL FINANCE LIMITED
Subject : Announcement under Regulation 30 (LODR)-Credit Rating
We would like to inform that pursuant to the order passed by Hon’ble National Company Law Tribunal (NCLT) dated March 07, 2019 approving the Composite Scheme of Arrangement (‘Scheme’), the merger of India Infoline Finance Limited with IIFL Finance Limited (‘the Company’) was effected on March 30, 2020. Pursuant to the said merger all notes issued under the USD1 billion medium-term note (MTN) programme were transferred from India Infoline Finance Limited to IIFL Finance Limited. In view of above, international credit rating agency viz Fitch Ratings has assigned Issuer Default Rating (IDR) and Debt Ratings to IIFL Finance Limited in place of India Infoline Finance Limited as per enclosed rating rational. Kindly take the same on record and oblige.

2. Scrip code : 717981
Name : Reliance Industries Ltd
Subject : Announcement under Regulation 30 (LODR)-Press Release / Media Release
We attach a copy of the media release titled ‘Facebook to Invest ? 43,574 crore in Jio Platforms for a 9.99% Stake’ issued by the Company.

Excerpts from Gaurav’s Blog

  Rest in Peace now Gerela Saab  ! Mr S T Gerela ex GM of BSE passed away peacefully this morning We had not met in years but he always remained at the top of my mind when it came to testimonials for this is what he had said to me over a decade ago,when […] [...]

Vedanta de-listing offer price Rs 87.50~Come on Mr Anil Agarwal ! Promoter Group of  Vedanta Ltd has proposed a voluntary de-listing at an indicative offer price of Rs 87.50~are the over 7.3 lakh minority shareholders from Alibag !? …apologies to the people of Alibag Some would term this as De-listing Duplicity ~ but I would […] [...]

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 […] [...]

 Wealth is negotiable, Health is not Your Personal Well Being is more important that the Stock Market Well Being ~ Always & more so in this unfathomable ongoing Covid-19 Reality Above’s a three minute reach out by me last night to all connected with me to reinforce this .It’s also posted on Facebook , […] [...]

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 […] [...]