1. Scrip code : 542752
Name : Affle (India) Limited
Subject : Announcement under Regulation 30 (LODR)-Acquisition
This is to inform you that Affle International Pte. Ltd., a wholly-owned Singapore subsidiary of the Company has entered into a definitive Share Purchase Agreement to acquire 66.67% ownership in Appnext Pte. Ltd. incorporated in Singapore (‘Appnext Singapore’) immediately and options to acquire the remaining 28.33% shares and 5% shares of Appnext Singapore within 3 years and 5 years respectively from the closing of the Share Purchase Agreement. Further, Affle MEA FZ-LLC, a subsidiary of Affle International Pte. Ltd., has entered into an Intellectual Property Purchase Agreement to acquire 100% Tech IP assets of Appnext Limited incorporated in British Virgin Islands (‘Appnext BVI’).
2. Scrip code : 532145
Name : H.S.India Ltd.
Subject : Intimation Regarding Resumption Of Operation
With reference to our earlier communication made on 3rd April, 2020, we would like to inform that the Company has duly resumed its operations of business with limited capacity as per the directions and guidelines issued by Central Government / State Government and Local Authorities. Further, the Company will closely monitor and comply with all regulatory announcements being issued by Central / State /Local Authorities, from time to time and is committed to ensuring full and immediate compliance with these at all times.
3. Scrip code : 523405
Name : JM Financial Limited
Subject : Qualified Institutions Placement Of Equity Shares Of The Face Value ? 1 Each (The ‘Equity Shares’) By JM Financial Limited (The ‘Company’) Under The Provisions Of Chapter VI Of Securities And Exchange Board Of India (Issue Of Capital And Disclosure Requirements) Regulations, 2018, As Amended (The ‘SEBI ICDR Regulations’), And Sections 42 And 62 Of The Companies Act, 2013, As Amended, Including The Rules Made Thereunder (The ‘Issue’).
1. We wish to inform you that the Committee of the Board (‘Committee’) has, at its meeting held today i.e. June 9, 2020, inter alia, passed resolutions for the following: a. Authorising the opening of the Issue today, i.e. June 9, 2020; b. Approving and adopting the preliminary placement document and the application form, both, dated June 9, 2020 in connection with the Issue; and c. Approving the floor price for the Issue, based on the pricing formula as prescribed under the SEBI ICDR Regulations. 2. We further wish to inform you that the ‘Relevant Date’ for the purpose of the Issue, in terms of Regulation 171 of the SEBI ICDR Regulations, is June 9, 2020 and accordingly the floor price in respect of the aforesaid Issue, based on the pricing formula as prescribed under Regulation 176(1) of the SEBI ICDR Regulations is ? 66.72 per Equity Share.
4. Scrip code : 946872
Name : UPL Limited
Subject : Proposed Issue Of US$ Denominated – Regulation S Only Senior Notes By UPL Corporation Limited, Mauritius
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that UPL Corporation Limited, Mauritius, (“UPL Corp”) subsidiary of the Company, is considering issue of 10 year US$ denominated – Regulation S only Senior Notes (Notes), subject to market conditions. The proceeds of the Notes, if issued shall be utilised to fund buy back through tender offer of existing USD 500 million 3.25% Notes – due in 2021 (Bonds), in whole or part. Considering Covid-19 situation, UPL considers it prudent to raise finance about twelve months in advance of the upcoming maturity of the Bonds and manage the liability proactively. This issuance of Notes does not result in increase in Net Debt of UPL. Further information as required under SEBI (LODR) Regulations, will be shared in due course.