Notifications, Scrip Scan

Daily Notifications as on 8th May, 2020

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

Daily Notifications as on 8th May, 2020

1. Scrip code : 512529
Name : Sequent Scientific Limited
Subject : Outcome Of Board Meeting
We wish to inform you that some Promoters (detailed in the Annexure below) (collectively referred to as the ‘Sellers’) of SeQuent Scientific Limited (‘SeQuent’) propose to sell their entire Shareholding in SeQuent to CA Harbor Investments, which belongs to the group of entities doing business globally as, ‘The Carlyle Group’, (the ‘Acquirer’) who also intends to acquire control over SeQuent, the foregoing proposed transaction being hereinafter referred to as the ‘Proposed Transaction’. The Board of Directors at their Meeting held today noted and approved the execution, delivery, and performance of the Representations and Warranties Agreement (‘RWA’) to be entered into among the Sellers, the Acquirer, and SeQuent. The Proposed Transaction shall attract an obligation on the Acquirer to make an open offer as required under Regulations 3(1) and 4 of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers), Regulations, 2011 (‘SEBI SAST’).

2. Scrip code : 957846
Name : Reliance Industries Ltd
Subject : Announcement under Regulation 30 (LODR)-Press Release / Media Release
Vista to invest ? 11,367 crore in Jio Platforms at an equity value of ? 4.91 lakh crore

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 […] [...]