Scrip Scan, Notifications

Daily Notifications as on 25th June 2020

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

Daily Notifications as on 25th June 2020

1. Scrip code : 539354
Subject : Corporate Action-Outcome of Sub division / Stock Split
Approved sub-division of Equity Shares of Rs.10/- each into 2 Equity shares of Rs.5/- each and for amendment of Clause V of Memorandum of Association of the company. Requisite details of sub-division are given in Annexure I.

2. Scrip code : 514234
Name : Sangam (India) Ltd
Subject : Corporate Action-Amalgamation/ Merger / Demerger
Pursuant to Part A of Schedule III under Regulation 30(2) of SEBI (Listing Obligations and Disclosure Regulations) Regulations, 2015, it is hereby informed that the Board of Directors of the Company in its meeting held today i.e. 24th June, 2020 have approved the merger of Sangam Lifestyle Ventures Limited (Company’s Wholly Owned Subsidiary) with the Company.

3. Scrip code : 522152
Name : Solitaire Machine Tools Ltd
Subject : Intimation Of Merger Of Company”s Wholly Owned Subsidiary
This is to inform you that pursuant to the order of Hon’ble NCLT of Mumbai, Company’s Wholly Owned Subsidiary (“WOS”) namely Shruchi Manufacturing Limited now stands merged with Solitaire Machine Tools Ltd. The order was passed on 29th April 2020 and received today 25th June 2020.

Excerpts from Gaurav’s Blog

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