GUJARAT INDUSTRIES POWER CO.LTD. - 517300 - Disclosure of Voting results of Postal Ballot (Regulation 44(3) of SEBI (LODR) Regulations, 2015)
Gujarat Industries Power Company Ltd has informed BSE regarding the details of Voting results of Postal Ballot, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. Kindly Click here GUJARAT INDUSTRIES POWER CO.LTD. - 517300 - 1. Regulation 44(3) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulation, 2015 - Details Of Remote E-Voting Results Of The Resolutions Proposed By Postal Ballot. 2. Scrutinizer'S Report On Postal Ballot (E-Voting).
Pursuant to Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014, all the shareholders of the Company were given opportunity to exercise their right to vote through remote e-Voting on the resolutions as set out in the Postal Ballot Notice dated 17/03/2022. Details of Voting Results of remote e-voting as required under Regulation 44 (3) of the SEBI (LODR) Regulations, 2015 in relation to the said Postal Ballot process is attached herewith. We are also attaching herewith Scrutinizer's Report on Postal Ballot (e-voting) issued by CS Shalin Patel, Practising Company Secretary. Kindly take the above on records and acknowledge the receipt. GUJARAT INDUSTRIES POWER CO.LTD. - 517300 - Announcement under Regulation 30 (LODR)-Change in Directorate
Pursuant to the provisions of Regulation 30(2) read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the provisions of Articles of Association of Company and Government of Gujarat, Energy & Petrochemicals, Dept. Resolution dated 26/04/2022, the Directors of the Company have today approved the nomination of Shri A K Rakesh, IAS, as a Nominee Director (Nominee of Government of Gujarat) and as a Chairman of the Company, with immediate effect i.e. w.e.f. 02/05/2022. Brief Profile of Shri A K Rakesh, IAS (DIN: 00063819) is enclosed herewith. It is hereby confirmed that he is not related to any of the Directors of the Company and he is not debarred from holding the office of director by virtue of any SEBI order or any other such authority. Kindly take the above on your records. GUJARAT INDUSTRIES POWER CO.LTD. - 517300 - Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
Format of Initial Disclosure to be made by an entity identified as a Large Corporate. Sr. No. Particulars Details 1Name of CompayGUJARAT INDUSTRIES POWER CO.LTD. 2CINL99999GJ1985PLC007868 3 Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr) 484.21 4Highest Credit Rating during the previous FY AA- 4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)CARE RATINGS LIMITED 5Name of Stock Exchange# in which the fine shall be paid, in case of shortfall in the required borrowing under the frameworkBSE We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. No Name of the Company Secretary: ACHAL S THAKKAR Designation: COMPANY SECRETARY AND COMPLIANCE OFFICER EmailId: asthakkar@gipcl.com Name of the Chief Financial Officer: K K BHATT Designation: CHIEF FINANCIAL OFFICER EmailId: kkbhatt@gipcl.com Date: 29/04/2022 Note: In terms para of 3.2(ii) of the circular, beginning F.Y 2022, in the event of shortfall in the mandatory borrowing through debt securities, a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore, an entity identified as LC shall provide, in its initial disclosure for a financial year, the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets. GUJARAT INDUSTRIES POWER CO.LTD. - 517300 - Announcement under Regulation 30 (LODR)-Change in Directorate
Pursuant to the provisions of Regulation 30(2) read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that Shri Mukesh Puri, IAS (DIN: 03582870), Director (Nominee of Government of Gujarat) and Chairman, ceased to be the Director and the Chairman of the Company pursuant to the intimation received from the Government of Gujarat, Energy and Petrochemicals Department vide Resolution No. GUV-1108-1336-K, dated 26/04/2022, received on 27/04/2022, with immediate effect. In view of above, Shri Mukesh Puri, IAS (DIN: 03582870), ceased to be the Director and the Chairman of the Company with cessation date of 26/04/2022. Kindly take the above on your records and acknowledge receipt. GUJARAT INDUSTRIES POWER CO.LTD. - 517300 - Clarification On Share Price Movement.
Dear Sir, This has reference to your email No. L/SURV/PV/NP/2022-23 /2322 dated 22/04/2022 of 22:05 hrs., informing about significant movement in the share price of the Company in the recent past and requesting the Company to provide to your good Exchange, any information/announcement which may have bearing on the price/volume behaviour in its scrip. We wish to inform you that there is no undisclosed intimation, announcement, etc. to Stock Exchanges (including impending announcement) etc. that may have a bearing on the operations/performance of the Company, which include all price sensitive information, etc. which may have a bearing the price/volume behaviour of the Company's scrip. It is the endeavour of the Company to disclose any such material event or information, if any, to the Stock Exchanges within stipulated timeline pursuant to applicable SEBI Regulations. Copy of our reply letter is attached herewith. Kindy acknowledge receipt and take the above on record, please. GUJARAT INDUSTRIES POWER CO.LTD. - 517300 - Clarification sought from Gujarat Industries Power Company Ltd
The Exchange has sought clarification from Gujarat Industries Power Company Ltd on April 22, 2022 with reference to significant movement in price, in order to ensure that investors have latest relevant information about the company and to inform the market so that the interest of the investors is safeguarded.The reply is awaited. GUJARAT INDUSTRIES POWER CO.LTD. - 517300 - Announcement under Regulation 30 (LODR)-Newspaper Publication
This is to kindly inform that the Company has published on Wednesday, the 20th April, 2022, notice in newspapers viz., Financial Express (English) and Loksatta Jansatta, (Gujarati) informing regarding loss of Equity Shares and application by the holders / legal heirs thereof for the issue of duplicate share certificate and inviting objections if any, within 15 days from the publication of the notice, failing which the Company will proceed to issue Duplicate Certificates. We submit herewith copies of the notice published in the above newspapers, pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, for your record, please. Kindly take the above on records and acknowledge the receipt. GUJARAT INDUSTRIES POWER CO.LTD. - 517300 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Pursuant to the provisions of Regulation 39(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is hereby informed that the Company has, through its Registrar & Share Transfer Agent, M/s. Link Intime India Pvt. Ltd., received on Thursday, the 14/04/2022, intimation of loss of shares and request for issue of duplicate Share Certificates from the shareholder, details of which is mentioned in letter attached. GUJARAT INDUSTRIES POWER CO.LTD. - 517300 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Pursuant to the provisions of Regulation 39(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is hereby informed that the Company has, through its Registrar & Share Transfer Agent, M/s. Link Intime India Pvt. Ltd., received on Wednesday, the 13/04/2022, intimation of loss of shares and request for issue of duplicate Share Certificates from the shareholder, details of which is mentioned in letter attached. Kindly take above on your record.