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Coal India subsidiary NCL to start M-Sand production, says ministry

 State-owned Coal India's subsidiary NCL will soon start production of M-Sand, a material used for construction works. Northern Coalfields Ltd (NCL) will start production of M-Sand or Manufactured Sand for its Amlohri project in Madhya Pradesh, according to a coal ministry statement on Tuesday. M-Sand is artificial sand produced from crushing hard stones into small sand-sized angular shaped particles, washed and finely graded to be used as construction aggregate. It is an alternative to river sand for construction works. NCL is all set to start production of M-Sand and the move is aimed at maximising the utilisation of natural resources and minimising the adverse impact of mining. Eyeing business diversification while focusing on the ecological balance, the company has set up a sand manufacturing plant using its over burden as a raw material. This pro-environment move of the company will help in conserving river bed erosion and preserve aquatic ecosystems, as per the...
10-01-2023
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NCL RESEARCH & FINANCIAL SERVICES LTD. - 530557 - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

 Please find enclosed herewith a Certificate issued under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, by Purva Sharegistry (India) Private Limited, RTA, for the period from 1st October, 2022 to 31st December, 2022.
04-01-2023

Sebi imposes Rs 75 lakh fine on ICCL, NCL in Karvy Stock Broking case

 Capital markets regulator Sebi on Wednesday levied a fine totalling Rs 75 lakh on Indian Clearing Corp Ltd (ICCL) and NSE Clearing Corp Ltd (NCL) for violating norms in the matter of Karvy Stock Broking Ltd (KSBL). In two separate orders, the regulator slapped a fine of Rs 50 lakh on ICCL and Rs 25 lakh on NSE Clearing Corporation. The order came after market watchdog initiated adjudication proceedings against ICCL and NSE Clearing Corp for alleged violation of provisions of Sebi's early warning mechanism (EWM) circular issued on December, 2018. Under the EWM circular, alerts triggered at one stock exchange / clearing corporation/ depository through early warning mechanism shall be immediately shared with other stock exchanges / depositories with respect to the stock broker / depository participant. It was observed that National Securities Depository Limited (NSDL) sent various alerts pertaining to KSBL to ICCL and NCL during February-November 2019. ICCL and NCL were required to .
28-12-2022
Bigul

NCL RESEARCH & FINANCIAL SERVICES LTD. - 530557 - Closure of Trading Window

 Pursuant to SEBI (Insider Trading) (Amendment) Regulations, 2018 and clarification issued by BSE vide Circular No. LIST/COMP/01/2019-20 dated April 02, 2019 and SEBI Circular No. SEBI/HO/ISD/ISD-SEC-4/P/CIR/2022/107 dated August 5, 2022; the trading window closure period will be commenced from January 1, 2023 and will end after 48 hours from the date of declaration of Un-Audited Financial Results of the Company for the 3rd Quarter ended on 31st December 2022. Accordingly, all Specified Persons including Employees, Directors, Promoters, Statutory Auditors and all connected persons as specified and covered under the Code of Conduct, have been advised not to deal in the securities of the Company from January 1, 2023 up to the completion of 48 hours after declaration of Results.
28-12-2022
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NCL RESEARCH & FINANCIAL SERVICES LTD. - 530557 - Postal Ballot - Submission Of Scrutinizer Report

 We are enclosing along with this letter, Scrutinizer Report for the E-Voting and Ballot; issued & certified by M/s. Kriti Daga, Practicing Company Secretaries, who was appointed as Scrutinizer for both e-voting and for Postal Ballot voting as per Postal Ballot Notice dated 11th November 2022.
17-12-2022
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NCL RESEARCH & FINANCIAL SERVICES LTD. - 530557 - Declaration Of Results Of Postal Ballot Notice

 Pursuant to Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014 and Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended from time to time and in compliance with MCA Circular dated 5th May, 2020 read with Circular dated 8th April, 2020, 13th April, 2020 and 8th December 2021, the Company has provided e-voting facility to the Members to enable them to cast their vote electronically on resolutions proposed in the Postal Ballot Notice dated 11th November 2022. The remote voting was commenced on Wednesday, November 16, 2022 at 9.00 AM and has been concluded on Thursday, December 15, 2022 at 5.00 PM. The other details of Voting Results as per Scrutinizer Report is attached herewith.
17-12-2022
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NCL RESEARCH & FINANCIAL SERVICES LTD. - 530557 - Announcement under Regulation 30 (LODR)-Resignation of Director

 In continuation to our letter dated February 12, 2022 we are forwarding herewith resignation letter of both the outgoing Independent Directors namely Mr. Laxmi Narayan Sharma and Mrs. Puspa Devi Saraswat; together with relevant information which needs to be provided u/r Regulation 30(6), sub-para 7B of Part A of Schedule III of the SEBI LODR Regulations, 2015, for the information of members.
09-12-2022
Bigul

NCL RESEARCH & FINANCIAL SERVICES LTD. - 530557 - Announcement under Regulation 30 (LODR)-Resignation of Director

 In continuation to our letter dated February 12, 2022, we are forwarding herewith resignation letters of both the outgoing Independent Directors namely Mr. Laxmi Narayan Sharma and Mrs. Puspa Devi Saraswat; together with relevant information which needs to be provided u/r Regulation 30(6), sub-para 7B of Part A of Schedule III of the SEBI LODR Regulations, 2015. This information was missing in our previous submission, due to oversight.
09-12-2022
Bigul

Fuel cell buses: CSIR-NCL is working with industries for materials and storage tanks

 NCL has been reaching out to industries and many of them have come on board, says Magesh Nandagopal, Principal Scientist
09-12-2022
Bigul

NCL RESEARCH & FINANCIAL SERVICES LTD. - 530557 - Intimation Of Approval For Reclassification Application Of Promoters Under Regulation 31A Of SEBI LODR Regulations, 2015

 Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 (the "LODR"), members are hereby informed that the Company has received approval letter No. LIST/COMP/YG/432/2022-23 dated December 2, 2022 from BSE Ltd. for re-classification of following outgoing Promoter shareholder as Public shareholders in accordance with the Regulation 31A of the SEBI LODR Regulations 2015. Sr. No. Name of Erstwhile Promoter Category (Pre- Reclassification) Category (Post- Reclassification) No. of Shares held % of Share holding 1. Vijay Jaideo Poddar Promoter Public 1,62,50,000 1.52% Approval letter of the Stock Exchanges are enclosed herewith for your reference and the information is also made available at the Company''s website www.nclfin.com
02-12-2022
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