Corporate announcements

GLFL:The Exchange has sought clarification from Gujarat Lease Financing Limited with respect to announcement dated 02-Jul-2018, regarding " Gujarat Lease Financing Limited has informed the Exchange regarding Outcome of Board Meeting held on Jun 30, 2018.". On basis of above the Company is required to clarify following: 1. Brief details of change in shareholding pattern (if any) of listed entity.<br> 2. In case of cash consideration amount or otherwise share entitlement/exchange ratio; <br> 3. Rationale for amalgamation/ merger;<br> 4. Area of business of the entity (ies);<br> 5. Whether the t

UJAAS:The Exchange has sought clarification from Ujaas Energy Limited with respect to announcement dated 29-Jun-2018, regarding " Ujaas Energy Limited has informed the Exchange regarding Credit Rating". On basis of above the Company is required to clarify following: 1. In case of downward rating, the disclosure may include reasons published by rating agency for such downward rating.<br> 2. Promptly notify the Exchange, but not later than 24 hours<br> The response of the Company is awaited.

INDORAMA:The Exchange has sought clarification from Indo Rama Synthetics (India) Limited with respect to announcement dated 28-Jun-2018, regarding " Indo Rama Synthetics (India) Limited has informed the Exchange regarding Board meeting held on Jun 28, 2018.". On basis of above the Company is required to clarify following: 1. Brief profile (in case of appointment);<br> The response of the Company is awaited.

ICICIBANK:The Exchange has sought clarification from ICICI Bank Limited with respect to announcement dated 28-Jun-2018, regarding " ICICI Bank Limited has informed the Exchange regarding 'M/s B S R & Co. LLP, Chartered Accountants, the statutory auditors of the Bank for the past four consecutive years will retire at the conclusion of the 24th Annual General Meeting on completion of the maximum period of four consecutive years as per prevailing Reserve Bank of India (RBI) guidelines. Hence B S R & Co. LLP, Chartered Accountants are not eligible for reappointment as statutory auditors for FY2019

CLNINDIA:The Exchange has sought clarification from Clariant Chemicals (India) Limited with respect to announcement dated 28-Jun-2018, regarding " Clariant Chemicals (India) Limited has informed the Exchange regarding 'Closure of one of the Manufacturing Unit of the Company.'.". On basis of above the Company is required to clarify following: 1. Reasons for closure.<br> The response of the Company is awaited.

ORIENTABRA:The Exchange has sought clarification from Orient Abrasives Limited with respect to announcement dated 28-Jun-2018, regarding " Orient Abrasives Limited has informed the Exchange regarding 'Disclosure of Material Event-Intimation regarding temporary closure of Company's plant.'.". On basis of above the Company is required to clarify following: 1. Expected quantum of loss/damage caused;<br> The response of the Company is awaited.

JVLAGRO:The Exchange has sought clarification from JVL Agro Industries Limited with respect to announcement dated 28-Jun-2018, regarding " JVL Agro Industries Limited has informed the Exchange regarding Change in Director(s) of the company.". On basis of above the Company is required to clarify following: 1. Brief profile (in case of appointment);<br> The response of the Company is awaited.

PBAINFRA:The Exchange has sought clarification from PBA Infrastructure Limited with respect to announcement dated 28-Jun-2018, regarding " PBA Infrastructure Limited has informed the Exchange regarding Change in Director(s) of the company.". On basis of above the Company is required to clarify following: 1. Brief profile (in case of appointment);<br> The response of the Company is awaited.

FEDDERELEC:The Exchange has sought clarification from Fedders Electric and Engineering Limited with respect to announcement dated 27-Jun-2018, regarding " Fedders Electric and Engineering Limited has informed the Exchange regarding Credit Rating". On basis of above the Company is required to clarify following: 1. In case of downward rating, the disclosure may include reasons published by rating agency for such downward rating.<br> The response of the Company is awaited.

The Exchange had sought clarification from the Company with respect to news item captioned EOW financial audit says 5 nationalised banks, besides BoM, flouted RBI norms. Consortium, including SBI, IDBI, UBI, BoM, Syndicate and Vijaya bank, approved Rs.600 crore loans to DSK. The response from the Company is attached.

The Exchange had sought clarification from the Company with respect to news item captioned- Centre moves HC over suspension of STCs CMD. The response from the Company is attached.

The Exchange has sought clarification from Ballarpur Industries Limited with respect to recent news item captioned "ITC will look at taking over BILTs Telangana unit". The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the company. Ballarpur Industries Limited has submitted their response.

The Exchange has sought clarification from ITC Limited with respect to recent news item captioned ITC will look at taking over BILTs telangana unit. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the company. ITC Limited has submitted their response.

Significant increase in volume has been observed in Kolte - Patil Developers 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. Kolte - Patil Developers Limited has submitted their response.

Significant increase in price has been observed in New Delhi Television 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. New Delhi Television Limited has submitted their response.

The Exchange has sought clarification from Ballarpur Industries Limited with respect to recent news item captioned "ITC will look at taking over BILTs Telangana unit". In this regard, Exchange have advised the Company to provide clarification/confirmation on the news item in detail including the following: a) Whether such negotiations were taking place and b) Whether you/company are aware of any information that has not been announced to the Exchanges which could explain the aforesaid movement in the trading. The response from the company is awaited.

The Exchange has sought clarification from ITC Limited with respect to recent news item captioned "ITC will look at taking over BILTs Telangana unit". In this regard, Exchange have advised the Company to provide clarification/confirmation on the news item in detail including the following: a) Whether such negotiations were taking place and b) Whether you/company are aware of any information that has not been announced to the Exchanges which could explain the aforesaid movement in the trading. The response from the company is awaited.

The Exchange had sought clarification from the Company with respect to news item captioned Bank of Baroda goes to CBI with loan fraud charges against PSL Ltd. The response from the Company is attached.

The Exchange had sought clarification from the Company with respect to news item captioned- Why was tiff with Religare not disclosed: Sebi to LVB. The response from the Company is attached.

The Exchange had sought clarification from the Company with respect to news item captioned CBI charges Jatin Mehta, two former Canara Bank officials. The response from the Company is attached.

The Exchange had sought clarification from Solex Energy Limited with respect to announcement dated 23-Jun-2018, regarding 'Solex Energy Limited got new orders.On basis of above the Company is required to clarify following:1. Whether the same would fall within related party transactions? If yes, whether the same is done at arms length .2. Whether the promoter/ promoter group/group companies have any interest in that entity to whom the order(s)/contract(s) is awarded? If Yes, nature of interest and details thereof;3. Time period, if any, associated with the order(s)/contract(s);4. Significant

Significant increase in volume has been observed in Kolte - Patil Developers 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, has written to the company. The response from the company is awaited.

Significant increase in price has been observed in New Delhi Television 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, has written to the company. The response from the company is awaited.

The Exchange had sought clarification from the Company with respect to news item captioned- Sebi orders audit of Fortis Healthcare, SFIO suspects fraud. The response from the Company is attached.

The Exchange had sought clarification from the Company with respect to news item captioned EOW financial audit says 5 nationalised banks, besides BoM, flouted RBI norms. Consortium, including SBI, IDBI, UBI, BoM, Syndicate and Vijaya bank, approved Rs.600 crore loans to DSK In this regard, Exchange has 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 chronol

The Exchange has sought clarification from GVK Power & Infrastructure Limited with respect to recent news item captioned "GVK Power & Infra initiates process to sell minority stake in airport subsidiary.". The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the company. GVK Power & Infrastructure Limited has submitted their response.

The Exchange has sought clarification from the Company with respect to news item captioned- Why was tiff with Religare not disclosed: Sebi to LVB In this regard, Exchange has 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 is aware of any information that has not

The Exchange has sought clarification from the Company with respect to news item captioned- Centre moves HC over suspension of STCs CMD In this regard, Exchange has 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 is aware of any information that has not been annou

The Exchange has sought clarification from the Company with respect to news item captioned- Sebi orders audit of Fortis Healthcare, SFIO suspects fraud In this regard, Exchange has 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 is aware of any information that ha

The Exchange has sought clarification from the Company with respect to news item captioned CBI charges Jatin Mehta, two former Canara Bank officials In this regard, Exchange has 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 is aware of any information that has n

The Exchange has sought clarification from IDBI Bank Limited with respect to recent news item captioned LIC plans Rs 130-bn capital injection in IDBI Bank. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the company. IDBI Bank Limited has submitted their response.

The Exchange has sought clarification from GVK Power & Infrastructure Limited with respect to recent news item captioned "GVK Power & Infra initiates process to sell minority stake in airport subsidiary.". In this regard, Exchange have advised the Company to provide clarification/confirmation on the news item in detail including the following: a) Whether such negotiations were taking place and b) Whether you/company are aware of any information that has not been announced to the Exchanges which could explain the aforesaid movement in the trading. The response from the company is awaited.

The Exchange has sought clarification from IDBI Bank Limited with respect to recent news item captioned LIC plans Rs 130-bn capital injection in IDBI Bank. In this regard, Exchange have advised the Company to provide clarification/confirmation on the news item in detail including the following: a) Whether you/company are aware of any information that has not been announced to the Exchanges which could explain the aforesaid movement in the trading. The response from the company is awaited.

The Exchange had sought clarification from Exide Industries Limited with respect to announcement dated 25-Jun-2018, regarding the Company has entered into an "Asset Purchase Agreement with Tudor India Private Limited towards acquisition of its immovable assets (admeasuring 64,470 sq. mts.) and movable assets of its factory situated at "Plot No. 10/1, Kamalpur, N.H. No. 8, Taluka Prantij, District Sabarkantha, Gujarat". The above asset purchase transaction is expected to complete within a month."On basis of above the Company is required to clarify following:1. Nature of consideration - whether

The Exchange had sought clarification from Zuari Agro Chemicals Limited with respect to announcement dated 25-Jun-2018, regarding Board meeting held on Jun 25, 2018.On basis of above the Company is required to clarify following:1. Details of redemption of preference shares indicating the manner of redemption (whether out of profits or out of fresh issue) and debentures.2. Details of any letter or comments regarding payment/non-payment of interest, principal on due dates, or any other matter concerning the security and /or the assets along with its comments thereon, if any;3. Delay in

The Exchange had sought clarification from HCL Technologies Limited with respect to announcement dated 27-Jun-2018, regarding a press release dated Jun 27, 2018, titled "HCL Acquires H&D International to Enhance Delivery Capabilities in Germany and Automotive Expertise Globally ". On basis of above the Company is required to clarify following: 1. Percentage of shareholding / control acquired and / or number of shares acquired; 2. Nature of consideration - whether cash consideration or share swap and details of the same; 3. Cost of acquisition or the price at which the shares are acquired; 4. W

The Exchange had sought clarification from K.P.R. Mill Limited with respect to announcement dated 23-Jun-2018, regarding KPR plans to enter into Branded Retail Business Initiated building up Retail Business Team.On basis of above the Company is required to clarify following:1. Name of the countries in which the product is launched (in case of international).2. Whether caters to domestic/ international market;3. Category of the product;4. Date of launch;5. Name of the product;The response of the Company is attached.

The Exchange had sought clarification from HCL Technologies Limited with respect to announcement dated 27-Jun-2018, regarding a press release dated Jun 27, 2018, titled "HCL Acquires H&D International to Enhance Delivery Capabilities in Germany and Automotive Expertise Globally ". On basis of above the Company is required to clarify following: 1. Percentage of shareholding / control acquired and / or number of shares acquired; 2. Nature of consideration - whether cash consideration or share swap and details of the same; 3. Cost of acquisition or the price at which the shares are acquired; 4. W

The Exchange had sought clarification from AXISCADES Engineering Technologies Limited with respect to announcement dated 20-Jun-2018, regarding a press release dated Jun 20, 2018, titled "AX".On basis of above the Company is required to clarify following:1. Any other disclosures related to such agreements, viz., details of nominee on the board of directors of the listed entity, potential conflict of interest arising out of such agreements, etc;2. In case of issuance of shares to the parties, details of issue price, class of shares issued;3. Whether the transaction would fall within relat

The Exchange had sought clarification from Subex Limited with respect to announcement dated 26-Jun-2018, regarding Board meeting held on Jun 26, 2018.On basis of above the Company is required to clarify following:1. Brief profile (in case of appointment);The response of the Company is attached.

IMFA: The Exchange had sought clarification from Indian Metals & Ferro Alloys Limited with respect to announcement dated 27-Jun-2018, regarding " Indian Metals & Ferro Alloys Limited has informed the Exchange regarding 'News from Plant Site'.".On basis of above the Company is required to clarify following:1. The actual amount of damage caused due to the natural calamity or other force majeure events;<br>The response of the Company is attached.

The Exchange had sought clarification from the Company with respect to news item captioned -Singh brothers demand dues write-off in lieu of Fortis brandIn this regard, Exchange has 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 is aware of any information that ha

The Exchange has sought clarification from Jindal Steel & Power Limited with respect to recent news item captioned "Jindal Steel's SA units file for biz protection". The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the company. Jindal Steel & Power Limited has submitted their response.

SYMPHONY:The Exchange had sought clarification from Symphony Limited with respect to announcement dated 22-Jun-2018, regarding " Symphony Limited has informed the Exchange regarding 'Symphony signed an agreement to purchase effectively 95% equity stake in Climate Technologies Pty. Limited, Australia.'.".On basis of above the Company is required to clarify following:1. Brief background about the entity acquired in terms of products/line of business acquired, date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant infor

PRECOT:The Exchange had sought clarification from Precot Meridian Limited with respect to announcement dated 22-Jun-2018, regarding " Precot Meridian Limited has informed the Exchange regarding�� Board meeting held on Jun 22, 2018.".On basis of above the Company is required to clarify following:1. Brief profile (in case of appointment);<br>The response of the Company is attached.

NKIND:The Exchange had sought clarification from NK Industries Limited with respect to announcement dated 16-Jun-2018, regarding " NK Industries Limited has informed the Exchange regarding Change in Director(s) of the company.".On basis of above the Company is required to clarify following:1. Brief profile (in case of appointment);<br>The response of the Company is attached.

RECLTD:The Exchange had sought clarification from Rural Electrification Corporation Limited with respect to announcement dated 20-Jun-2018, regarding " Rural Electrification Corporation Limited has informed the Exchange regarding 'Sale and transfer of Ghatampur Transmission Limited, a wholly owned subsidiary of RECTPCL and also of REC.'.".On basis of above the Company is required to clarify following:1. Whether the transaction would fall within related party transactions? If yes, whether the same is done at "arm's length";<br>2. Brief details of buyers and whether any of the buyers belong to t

NATHBIOGEN:The Exchange has sought clarification from Nath Bio-Genes (India) Limited with respect to announcement dated 27-Jun-2018, regarding " Nath Bio-Genes (India) Limited has informed the Exchange regarding Management Enhancement.". On basis of above the Company is required to clarify following: 1. Date of appointment/cessation (as applicable) & term of appointment;<br> The response of the Company is awaited.

HCLTECH:The Exchange has sought clarification from HCL Technologies Limited with respect to announcement dated 27-Jun-2018, regarding " HCL Technologies Limited has informed the Exchange regarding a press release dated Jun 27, 2018, titled "HCL Acquires H&D International to Enhance Delivery Capabilities in Germany and Automotive Expertise Globally ".". On basis of above the Company is required to clarify following: 1. Percentage of shareholding / control acquired and / or number of shares acquired;<br> 2. Nature of consideration - whether cash consideration or share swap and details of the sa

IMFA:The Exchange has sought clarification from Indian Metals & Ferro Alloys Limited with respect to announcement dated 27-Jun-2018, regarding " Indian Metals & Ferro Alloys Limited has informed the Exchange regarding 'News from Plant Site'.". On basis of above the Company is required to clarify following: 1. The actual amount of damage caused due to the natural calamity or other force majeure events;<br> The response of the Company is awaited.