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Announcements

Reliance Infrastructure announced that CARE Ratings has moved the rating to “CARE D; Issuer not cooperating” category in respect of Long Term, Short Term Bank Facilities and Non Convertible Debentures of the Company for non-payment of surveillance fees for the rating exercise.

Cipla

Cipla announced that Cipla (UK), wholly owned subsidiary of Cipla (EU) and a wholly owned step down subsidiary of the Company, has been voluntarily liquidated with effect from 5 March, 2021. This liquidation was a part of internal reorganisation and it will not affect performance or revenue of the Company.

DCW

DCW has allotted 6,000 Secured Rated Unlisted Redeemable Optionally Convertible Debentures having face value of Rs 1,00,000/- each, at par, aggregating to Rs 60 crore on preferential basis to Kotak Special Situations Fund.

The committee of the Board of the company also approved the allotment of 35,000 Secured Unlisted Rated Redeemable Non- Convertible Debentures having face value of Rs 1,00,000 /- each, at par, aggregating to Rs 350 crore, on private placement basis to Kotak Special Situations Fund.

Aban Offshore

Aban Offshore announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 29 March 2021 .

Rathi Steel

Rathi Steel & Power will hold a meeting of the Board of Directors of the Company on 12 March 2021.

Satyam Silk Mill

Satyam Silk Mills will hold a meeting of the Board of Directors of the Company on 10 March 2021.

MSR India

MSR India announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 31 March 2021 .

Gufic BioScience

Gufic BioSciences announced that ICRA has assigned the following credit ratings taking into consideration the impending Scheme of Amalgamation of Gufic Lifesciences with the Company and their respective shareholders and creditors.

Long term fund based working capital - ICRA BBB; Stable (assigned)
Short term letter of credit - ICRA A3+ (assigned)
Short term bank guarantee - ICRA A3+ (assigned)

Future Enterp.

Future Enterprises announced the cessation of V. K. Chopra, Chairman & Independent Director of the Company on completion of his second term on 05 March 2021.

Mehta Integrat.

Mehta Integrated Finance will hold a meeting of the Board of Directors of the Company on 13 March 2021.