Notifications, Scrip Scan

Daily Notifications as on 29th May, 2020

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

Daily Notifications as on 29th May, 2020

1. Scrip code : 539981
Name : Max India Ltd.
Subject : Board Meeting Intimation for Board Meeting On Monday, June 1, 2020,
To Take On Record The Sanction Of The Said Scheme By Hon”ble NCLT Mumbai Bench And To Declare The Scheme Effective From June 1, 2020 Max India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 01/06/2020 ,inter alia, to consider and approve Further to our communication dated September 4, 2019, we wish to inform you that the Company has received certified copy of the order issued by the Tribunal (NCLT), Mumbai in respect of sanctioning of the Composite Scheme of Amalgamation and Arrangement amongst Max India Limited, Max Healthcare Institute Limited, Radiant Life Care Private Limited and Advaita Allied Health Services Limited and their respective shareholders and Creditors (Scheme). In this regard, we wish to inform you that in accordance with the terms of the said Scheme, a meeting of Board of Directors of the Company is scheduled to be held on Monday, June 1, 2020, to take on record the sanction of the said Scheme by Hon”ble NCLT Mumbai Bench and to declare the scheme effective from June 1, 2020. Further, it is to inform you that at this meeting, the Board of Directors will also inter-alia consider the record date for determining the shareholders of Max India to whom shares will be allotted by two transferee Companies.

2. Scrip code : 533166
Name : Sundaram Multi Pap Ltd.
Subject : Updates On Certified Copy Order Of NCLT In The Matter Of Scheme Of Amalgamation Of E-Class Education System Limited (ECESL Or The Transferor Company) With Sundaram Multi Pap Limited (SMPL Or The Transferee Company) (‘Scheme’)
This is with reference to the observation letters bearing reference number DCS/AMAL/JR/R37/ 1471/2019-20 and NSE/LIST/20048 dated May 06, 2019 issued by BSE Limited and National Stock Exchange of India Limited regarding the Scheme which, inter alia, envisages amalgamation of E-Class Education System Limited (”ECESL” or ”Transferor Company”) a subsidiary of Sundaram Multi Pap Limited into Sundaram Multi Pap Limited (”SMPL” or ”Transferee Company”). We wish to inform you that the Hon’ble National Company Law Tribunal, Mumbai Bench has in the final hearing held on April 30, 2020 through online has sanctioned the aforesaid Scheme of Amalgamation of E-Class Education System Limited (ECESL or the Transferor Company) with Sundaram Multi Pap Limited (SMPL or the Transferee Company) (‘Scheme’). Certified copy of the Order passed by Hon’ble National Company Law Tribunal is enclosed herewith. Request you to take the same on your records and oblige.

3. Scrip code : 532281
Name : HCL Technologies Ltd
Subject : Announcement under Regulation 30 (LODR)-Acquisition
Subject: Release – ‘HCL Technologies Announces Intent to Acquire Cisco’s SON Technology’ Dear Sir/ Madam, Enclosed please find a release on the captioned subject being issued by the Company today, along with a disclosure in terms of Regulation 30(4) of the SEBI (Listing Obligations and Disclosures Requirements) Regulations 2015

4. Scrip code : 540565
Name : India Grid Trust
Subject : Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press Release – Mumbai, Friday, May 29, 2020: IndiGrid announces execution of share purchase agreement for acquisition of Jhajjar KT Transco Private Limited from Kalpataru Power Transmission Limited and Techno Electric & Engineering Company Limited

Excerpts from Gaurav’s Blog

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