Notifications, Scrip Scan

Daily Notifications as on 23rd September 2020

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

Daily Notifications as on 23rd September 2020

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20200923-52

1. Scrip code : 526923
Name : Kumaka Industries Limited
Subject : Withdrawal Of Record Date For Bonus Issue
It is hereby informed that the Record Date of 24th September, 2020 for issue of Bonus Shares is withdrawn.

2. Scrip code : 533470
Name : Rushil Decor Limited
Subject : Pre-Issue Advertisement – Rights Issue
Saffron Capital Advisors Pvt Ltd (“Manager to the Offer”) has submitted to BSE a copy of Pre-Issue Advertisement published on September 18, 2020 for the Rights Issue of Rushil Decor Ltd (“the Company”).

3. Scrip code : 542773
Name : IIFL Securities Limited
Subject : Announcement under Regulation 30 (LODR)-Acquisition
This is to inform you that the IIFL Securities Limited (‘Company’), further to its present investments in the shares of Giskard Datatech Private Limited (‘Trendlyne’), has agreed to acquire additionalstake of Trendlyne i.e. 6.25% of the share capital on fully diluted basis from one of the existing investor in Trendlyne, pursuant to the terms of the Share Purchase Agreement. Post-acquisition, IIFL Securities Limited shall hold 20.55% of the share capital of Trendlyne on fully diluted basis. Pursuant to this Giskard Datatech Private Limited shall become an Associate of the Company. The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/ 4/2015 dated September 09, 2015 are given in ‘Annexure A’ to this letter.

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 […] [...]