Notifications, Scrip Scan

Daily Notifications as on 5th May, 2020

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

Daily Notifications as on 5th May, 2020

1. Scrip code : 542651
Name : KPIT Technologies Ltd
Subject : Announcement under Regulation 30 (LODR)-Updates on Acquisition
With reference to aforesaid intimation for acquisition of majority stake in Vayavya Labs Private Limited (“VL”) and its shareholders and in terms of Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, we wish to inform that pursuant to the authority delegated by the Board of Directors, the Managing Director & CEO of the Company has modified terms of the acquisition in Vayavya Labs Private Limited as stated below. Accordingly, all other terms remaining unchanged following description as stated at Annexure A of earlier intimation dated 11th March, 2020 be modified and read as under: f. Indicative Time Period for completion of acquisition – The deal is expected to get closed by the fourth quarter of FY2021 vs first quarter of FY 2021 as intimated earlier.

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 […] [...]

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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 […] [...]