Welspun Enterprises Ltd - 532553 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Please find attached details of Conference Call for Q4 FY20 results on Tuesday, June 2, 2020 at 4:00 p.m. (Indian Standard Time). Welspun Enterprises Ltd - 532553 - Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
Kindly note that the Nomination and Remuneration Committee of the Board of Directors ('NRC') at its meeting held today has recommended re-appointment of Mr. Balkrishan Goenka, whose tenure as Whole Time Director expired on May 28, 2020, as Whole Time Director for a period of 5 years. He continues to be Director on Board. The recommendation of the NRC shall be considered by the Board at its meeting scheduled to be held on Monday, June 1, 2020. Please take note of the same. Welspun Enterprises Ltd - 532553 - Announcement under Regulation 30 (LODR)-Credit Rating
We refer to our letters dated March 16, 2020 and May 11, 2020 w.r.t. rating of BWR AA- (Stable) for Total Debt (comprising of Sanctioned Debt and proposed Bank Term Loan/Working Capital Term Debt) assigned by that Brickwork Ratings India Private Limited ('Brickwork'). We hereby inform that Brickwork has now assigned BWR AA- (Stable) for the proposed issue of Non-Convertible Debentures ('NCDs') of Rs. 200 crore and reaffirmed BWR AA- (Stable) rating for the issue of NCDs of Rs. 175 crore. These ratings shall form part of Total Debt rated earlier. In addition to the above rating, Acuite Ratings & Research has assigned Provisional ACUITE AA- (Stable) rating for the issuance of NCDs of Rs. 375 crore. Please take note of the same. Welspun Enterprises Ltd - 532553 - Announcement under Regulation 30 (LODR)-Allotment
Kindly note that allotment of 1,750 Rated, Listed, Secured, Redeemable Non-Convertible Debentures ('NCDs') having face value of Rs. 10,00,000/- each aggregating to Rs. 175 Crore on Private Placement basis was approved by the Finance & Administration Committee of the Board of Directors of the Company on May 27, 2020. Please take the above mentioned on record. Welspun Enterprises Ltd - 532553 - Board Meeting Intimation for Notice Of Postponement Of Board Meeting And Closure Of Trading Window
Welspun Enterprises Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 01/06/2020 ,inter alia, to consider and approve Due to unavoidable circumstances, the meeting of the board which was scheduled to be held on Fri, May 29, 2020 has been postponed and rescheduled on Mon, June 1, 2020, to consider and approve, inter alia, the following: 1. Standalone as well as consolidated audited financial statements of the Company for the quarter and year ended Mar 31,2020; 2. Recommendation of dividend on equity shares, if any; 3. Increase in authorized share capital; and 4. Raising of funds by issue of equity shares, preference shares, or other securities through a further public offer, qualified institutions placement, rights issue or through any other permissible mode or through a combination thereof, subject to receipt of the necessary approvals including the approval of the shareholders (as applicable) and other regulatory / statutory approvals, as may be required. Welspun Enterprises Ltd - 532553 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Chirag Dilipkumar Lakhi & Others Welspun Enterprises Ltd - 532553 - Board to consider Dividend
Welspun Enterprises Ltd has informed BSE that a meeting of the Board is scheduled to be held on May 29, 2020, inter alia, to consider and approve the following:1. Standalone as well as consolidated audited financial statements of the Company for the quarter and year ended March 31, 2020;2. Recommendation of dividend on equity shares, if any;3. Increase in authorized share capital and4. Raising of funds by issue of equity shares, preference shares, or other securities through a further public offer, qualified institutions placement, rights issue or through any other permissible mode or through a combination thereof, subject to receipt of the necessary approvals including the approval of the shareholders (as applicable) and other regulatory/ statutory approvals, as may be required.Further, with reference to the above meeting of the Board of Directors, the trading window for dealing in the securities of the Company by the Insiders/ Designated Persons, as defined under the SEBI (Prohibition of Insider Trading) Regulations, 2015 is closed from April 01, 2020 to June 01, 2020 (both days inclusive). Welspun Enterprises Ltd - 532553 - Board Meeting Intimation for Board Meeting To Be Held On May 29, 2020
Welspun Enterprises Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/05/2020 ,inter alia, to consider and approve 1. Standalone as well as consolidated audited financial statements of the Company for the quarter and year ended March 31, 2020; 2. Recommendation of dividend on equity shares, if any; 3. Increase in authorized share capital and 4. Raising of funds by issue of equity shares, preference shares, or other securities through a further public offer, qualified institutions placement, rights issue or through any other permissible mode or through a combination thereof, subject to receipt of the necessary approvals including the approval of the shareholders (as applicable) and other regulatory / statutory approvals, as may be required. Take further notice that with reference to the above meeting of the Board of Directors, the trading window for dealing in the securities of the Company by the Insiders/ Designated Persons, as defined under the SEBI (Prohibition of Insider Trading) Regulations, 2015 is closed from Wednesday, April 1, 2020 to Monday, June 1, 2020 (both days inclusive). Welspun Enterprises Ltd - 532553 - Disclosure Pursuant To Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 - Outcome Of Board Meeting Held On May 26, 2020.
Kindly note that the Board of Directors at its meeting held on May 26, 2020 approved further issuance of Secured Redeemable Non-Convertible Debentures (NCDs) upto Rs. 200 crore by way of private placement taking the total NCDs issuance to Rs. 375 crore after excluding Rs. 25 crore from the earlier approval given by the Board on May 6, 2020. The said issuance of NCDs is pursuant to approval of the shareholders of the Company obtained at Annual General Meeting held on August 12, 2019. The Board Meeting concluded at 11:25 a.m. Please take the above mentioned on record. Welspun Enterprises Ltd - 532553 - Board Meeting Intimation for Pursuant To Regulation 29 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015.
Welspun Enterprises Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/05/2020 ,inter alia, to consider and approve the issuance of Non-Convertible Debentures on private placement basis.