News Overview

Please note that pursuant to the Scheme of Arrangement between Welspun Steel Limited (the Demerged Company) and Welspun Corp Limited (the Resulting Company) and their respective shareholders (the Scheme) as sanctioned by the Honble National Company Law Tribunal, Ahmedabad Bench vide its order pronounced on March 16, 2022, the Company has allotted on April 8, 2022, 35,15,11,571 (Thirty Five Crore Fifteen Lakh Eleven Thousand Five Hundred Seventy One only) Cumulative Redeemable Preference Shares of the face value of Rs. 10/- each fully paid up ???(CRPS???) to the eligible shareholders of the Demerged Company, in the share exchange ratio of ???81 (Eighty One) 6% CRPS of the Resulting Company of Rs. 10 (Rupees Ten Only) each fully paid up, for every 100 (One Hundred) equity shares of the Demerged Company of the face value of Rs. 10/- (Rupees Ten Only) each fully paid up???, as provided in the Scheme. These CRPS shall carry a coupon of 6% p.a. and are redeemable, at face value, at the optio

Promoter/Promoter Group of Remsons Industries Limited has submitted a disclosure under Regulation 31(4) of SEBI Takeover Regulations for the year ended 31-Mar-2022

Promoter/Promoter Group of Nagreeka Exports Limited has submitted a disclosure under Regulation 31(4) of SEBI Takeover Regulations for the year ended 31-Mar-2022

Promoter/Promoter Group of Gujarat Fluorochemicals Limited has submitted a disclosure under Regulation 31(4) of SEBI Takeover Regulations for the year ended 31-Mar-2022

Promoter/Promoter Group of Hitech Corporation Limited has submitted a disclosure under Regulation 31(4) of SEBI Takeover Regulations for the year ended 31-Mar-2022

Promoter/Promoter Group of Century Textiles & Industries Limited has submitted a disclosure under Regulation 31(4) of SEBI Takeover Regulations for the year ended 31-Mar-2022

Promoter/Promoter Group of Grasim Industries Limited has submitted a disclosure under Regulation 31(4) of SEBI Takeover Regulations for the year ended 31-Mar-2022

Shriram Properties Limited has informed the Exchange about resignation of Gautham Radhakrishnan as Nominee Director of the company w.e.f. 31-Mar-2022

Tata Consultancy Services Limited has informed the Exchange about press release dated 08-Apr-2022 titled TCS Recognized as a Leader in AI Services by Everest Group

STEL : Significant movement in price has been observed in Stel Holdings 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. Stel Holdings Limited has submitted their response.