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18 Dec,14 02:36:57
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NSE ANNOUNCEMENTS
Corporate Events filed by the Companies to the NSE Stock Exchange. Click on more to get detailed news of the same.
 
   A2Z MNT. & ENG. SERV LTD   [17-Dec-14]
Amit Mittal has submitted to the Exchange, vide letter dated December 15, 2014 a copy of disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
   ABB INDIA LIMITED   [17-Dec-14]
The Exchange has sought clarification from ABB India Limited with respect to recent news item captioned "ABB and Hitachi to form strategic power grid partnership in japan". In this regard, Exchange have advised the Company to provide clarification/confirmation on the news item in detail including the following: a) Whether such event/negotiations/article stated in published news were taking place? If so, you are advised to provide the said information along with the sequence of events in chronological order and the material impact of this article on the Company. b) Whether company are aware of any information that has not been announced to the Exchanges under clause 36 of the Listing Agreement. The response from the Company is awaited.
   APOLLO TYRES LTD   [17-Dec-14]
Apollo Tyres Limited has submitted to the Exchange a copy of Time Schedule for Postal Ballot.
   ASHIMA LTD   [17-Dec-14]
The Exchange has sought clarification from Ashima Limited with respect to an announcement dated December 15, 2014 titled "Scheme of Arrangement" wherein Company has informed the Exchange that The Board considered and approved - the Scheme of Arrangement for Reconstruction and Compromise under Sections 391 to 394 read with Sections 100 to 103 of the Companies Act 1956 and Section 52 of the Companies Act, 2013 and such other sections as may be applicable, between the Company and its equity shareholders, preference shareholders and secured creditors ('Scheme'). The Scheme contemplates financial reconstruction of the Company pursuant to significant infusion of equity capital, re-organisation of preference share capital and settlement of Outstanding Secured Debts of the Secured Creditors of the Company . On basis of above the Company is required to clarify following: a) Details and reasons for restructuring; b) Quantitative and/ or qualitative effect of restructuring; c) Details of benefit, if any, to the promoter/promoter group/group companies from such proposed restructuring; d) Brief details of change in shareholding pattern (if any); e) Disclosure should include details like rationale for the scheme, the consideration involved, entities concerned in the transaction, (specifics on whether promoter / promoter group), clarity on whether it could be classified as a related party transaction, brief background of the business, financial impact, impact on shareholdings , additional approvals required before completion of transaction, effect of restructuring of debt or capital. The response of the Company is awaited
   BAJAJ HINDUSTAN LTD   [17-Dec-14]
Bajaj Hindusthan Limited has submitted to the Exchange a copy of Notice for passing of resolution by Postal Ballot pursuant to Section 110 of the Companies Act, 2013 and Rules made thereunder.
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