News Overview

Further to our letter dated April 12, 2022 and in accordance with the provisions of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (???SEBI LODR Regulations???), we wish to inform you that the Board of Directors of the Company at their meeting held today i.e. April 19, 2022 have inter-alia approved raising of funds for an aggregate amount up to Rs. 230 Crores (Rupees Two Hundred and Thirty Crores Only) by way of an issuance of Equity Shares on rights basis to the eligible equity shareholders of the Company as on the record date, as may be notified by the Company, subject to receipt of Regulatory/Statutory approvals, in accordance with the applicable provisions of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (SEBI ICDR Regulations) and the Companies Act, 2013 and rules made thereunder (Companies Act).Also, the Board has c

Alembic Limited has informed the Exchange about Notice of Postal Ballot

Max Ventures and Industries Limited has informed the Exchange about Composite Scheme of Amalgamation and Arrangement amongst Max Ventures and Industries Limited and Max Estates Limited and their respective shareholders and creditors.

HEXATRADEX : Significant movement in price has been observed in Hexa Tradex Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company. Hexa Tradex Limited has submitted their response.

KOHINOOR : Significant movement in price has been observed in Kohinoor Foods Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company. Kohinoor Foods Limited has submitted their response.

Hemisphere Properties India Limited has informed the Exchange about cessation of Ms. Priya Mahadevan as Non Executive - Non Independent Director of the company w.e.f. 18-Apr-2022

DSSL : Significant movement in price has been observed in Dynacons Systems & Solutions Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company. Dynacons Systems & Solutions Limited has submitted their response.

INEOS Styrolution APAC PTE. LTD. has informed the Exchange about an announcement with respect to ongoing offer for sale open for receipt of the further bids from Retail Investor to the extent of base offer on April 20, 2022.

Bhavesh Jindal has informed the Exchange regarding Disclosures under Regulation 10(5) Report to Stock Exchanges in respect acquisition made in Jindal Poly Investment and Finance Company Limited upon exemption provided for in Regulation 10 of SEBI (Substantial acquisition of Shares and Takeovers) Regulations, 2011.

LTI : The Exchange has sought clarification from Larsen & Toubro Infotech Limited with respect to recent news item captioned L&T Infotech, Mindtree to merge to create $22-bn entity: Report. The response from the Company is attached.