Notifications, Scrip Scan

Daily Notifications as on 26th May, 2020

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

Daily Notifications as on 26th May, 2020

1. Scrip code : 541865
Name : Add-Shop Promotions Limited
Subject : Outcome Of Board Meeting
The Board of Directors of the Company at their meeting held today i.e. Tuesday, May 26, 2020. has inter alia, considered and approved the following business, Subject to approval of share holders of the company; 1.The Board of directors considered and approved the matter of Increase in Authorized share capital of the company from INR 7,00,00,000/- (Indian Rupees Seven Crores Only) to INR 11,50,00,000/- (Indian Rupees Eleven Crores Fifty Lacs Only), and alteration of clause V of memorandum of association of company; 2.The Board of directors considered and approved the issue of Bonus shares in the ratio of 3:4 [i.e. 3 (Three) fully paid up equity shares for every 4 (Four) equity shares held by the shareholders]; 3.The Board of directors considered and approved the Migration of the Company, present SME Platform of BSE Limited to the Main Board of BSE Limited as and when the company is eligible for the same; Considered and approved all other businesses item as per agenda circulated.

2. Scrip code : 505200
Name : Eicher Motors Ltd.
Subject : Board to consider FY20 results & Sub-division/split of equity shares on June 12, 2020
Eicher Motors Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 12, 2020, inter-alia, to: 1. Consider and approve audited standalone and consolidated financial statements for the financial Year ended March 31, 2020; 2. Consider and approve audited Standalone & Consolidated Financial Results of the Company for the fourth quarter and year ended March 31, 2020 (prepared pursuant to SEBI (LODR) Regulations, 2015); 3. Consider and approve Sub-division/split of the equity shares of face value of Rs. 10 each of the Company in such manner as may be determined by the Board of Directors.

3. Scrip code : 539660
Subject : Board Meeting
Intimation for Intimation Of The Meeting Of The Board Of Directors Of The Company Best Agrolife Ltdhas 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 take note of the certified true copy of the order of the Hon’ble National Company Law Tribunal, NCT Delhi. 2) To consider and approve the allotment of shares of the Company in consideration to the Amalgamation of Best Agrochem Private Limited with the Company and filing the application seeking for listing and trading permission of the shares issued pursuant to Scheme of Arrangement. 3) To consider the shifting of registered office of the Company within the same municipal area from House No. 9, Road no. 13, East Punjabi Bagh, New Delhi-110026 to S-1A, Ground Floor, Bhagwan Dass Nagar, East Punjabi Bagh, New Delhi-110026, i.e. the registered office of Best Agrochem Private Limited, the Transferor Company. 4) To consider the appointment of Mr. Shuvendu Kumar Satpathy (Din no. 07552741) as additional NonExecutive Director. 5) To consider and approve the listing of shares on National Stock Exchange of India Limited.

4. Scrip code : 540975
Name : Aster DM Healthcare Limited
Subject : Announcement under Regulation 30 (LODR)-Acquisition
With reference to the captioned subject, we would like to inform that Aster DM Healthcare Limited (‘the Company’) through its Wholly owned Subsidiary Companies, has acquired 100% stake in Warseps Healthcare LLP and acquisition is expected to complete on May 25, 2020. The details required as per Circular Number CIR/CFD/CMD/4/2015 dated September 09, 2015 pertaining to continuous disclosure requirements for Listed Entities under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, has been enclosed as Annexure I. We request you to kindly take the above information on record.

5. Scrip code : 500042
Name : BASF India Ltd
Subject : Evaluation Of The Proposal To Acquire 100% Stake In BASF Performance Polyamides India Pvt. Ltd. (Formerly Known As Rhodia Polymers & Specialties India Pvt. Ltd.)
Evaluation of the proposal to acquire 100% stake in BASF Performance Polyamides India Pvt. Ltd. (Formerly known as Rhodia Polymers & Specialties India Pvt. Ltd.)

6. Scrip code : 500875
Name : ITC Ltd
Subject : Share Purchase Agreement
We write to advise, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, that the Company on 23rd May, 2020 has entered into a Share Purchase Agreement (‘SPA’) to acquire 100% of the equity share capital of Messrs. Sunrise Foods Private Limited, an Indian company primarily engaged in the business of spices under the trademark ‘Sunrise’, subject to fulfilment of various terms and conditions as specified in the SPA. Further details will be advised upon consummation of the transaction. In the context of the above, we also advise that the Trading Window for purchasing, selling or otherwise dealing in the shares of the Company has been closed for all employees with immediate effect. The Trading Window will open 48 hours from the announcement to the Stock Exchanges of consummation of the transaction, as mentioned above. A copy of the Press Release issued by the Company on the subject is enclosed.

7. Scrip code : 532944
Name : OnMobile Global Ltd.
Subject : Announcement under Regulation 30 (LODR)-Acquisition
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, we hereby inform you that OnMobile Global Limited (‘Company’), has acquired 25% equity stake in Technologies rob0 Inc., through its subsidiary Onmobile Global Solutions Canada Ltd. The disclosure for the acquisition is enclosed as Annexure A. In this regard, the Company would issue a press release, copy of which is enclosed as Annexure B.

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 […] [...]