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SEPC Ltd - 532945 - Intimation - Appointment Of SEPC To Promote INCO Products In South Asia

 This is to inform that SEPC Ltd and INCO recently completed successful commissioning of the Hutti Gold mines project, with INCO supplying critical equipment such as winders and other mining-related equipment. Based on the success of this project, INCO, a leading mining machinery manufacturing Company from Czech Republic has decided to expand its presence in the mining industry in South Asia and has appointed SEPC in this regard for promoting, negotiating, tendering, installing and providing commissioning assistance, as well as being responsible for after-sales service for a period for Six Years. We believe that this arrangement will be mutually beneficial for both companies and will allow SEPC to get in to mining infrastructure business in India and also in the entire territory of South Asia. DETAILED LETTER ENCLOSED
10-05-2023
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SEPC Ltd - 532945 - Announcement under Regulation 30 (LODR)-Newspaper Publication

 Please see enclosed herewith soft copy of Basis of Allotment Advertisement dated May 04, 2023 and published on May 05, 2023 for the Rights Issue of the Company.
05-05-2023
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SEPC Ltd - 532945 - Announcement under Regulation 30 (LODR)-Newspaper Publication

 Please see enclosed herewith soft copy of Basis of Allotment Advertisement dated May 04, 2023 and published on May 05, 2023 for the Rights Issue of the Company. Detailed letter Enclosed
05-05-2023
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SEPC Ltd - 532945 - Board Meeting Outcome for Outcome Of The Rights Issue Committee Of SEPC Limited (The 'Company') Under Regulation 30 Of The SEBI (LODR) Regulations 2015- Outcome Of Rights Issue Committee Meeting - Allotment Of Equity Shares On Rights Basis.

 This is in furtherance to the previous intimation letters submitted by the Company, in respect of its proposed issue of Equity Shares on a rights basis ('Rights Issue'). We hereby inform you that, in accordance with (i) the Letter of Offer dated March 23, 2023, and (ii) the Basis of Allotment finalised in consultation with the Registrar to the Issue and BSE Limited, (the Designated Stock Exchange for the Rights issue), the Rights Issue Committee of the Board of Directors of the Company has, at in its meeting held today, i.e., May 02, 2023, approved the allotment of 4,99,00,000 fully paid-up Equity Shares of face value of ? 10/- each on a rights basis, at an issue price of ? 10 per Equity Share (including premium of ? NIL per Equity Share) to the eligible applicants. The meeting of the Rights Issue Committee commenced at 10.30 A.M and completed at 11.00 A.M Kindly take the same on record and acknowledge receipt.
02-05-2023
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SEPC Ltd - 532945 - Outcome Of The Rights Issue Committee Of SEPC Limited (The 'Company') Under Regulation 30 Of The SEBI (LODR) Regulations 2015- Outcome Of Rights Issue Committee Meeting - Allotment Of Equity Shares On Rights Basis.

 This is in furtherance to the previous intimation letters submitted by the Company, in respect of its proposed issue of Equity Shares on a rights basis ('Rights Issue'). We hereby inform you that, in accordance with (i) the Letter of Offer dated March 23, 2023, and (ii) the Basis of Allotment finalised in consultation with the Registrar to the Issue and BSE Limited, (the Designated Stock Exchange for the Rights issue), the Rights Issue Committee of the Board of Directors of the Company has, at in its meeting held today, i.e., May 02, 2023, approved the allotment of 4,99,00,000 fully paid-up Equity Shares of face value of ? 10/- each on a rights basis, at an issue price of ? 10 per Equity Share (including premium of ? NIL per Equity Share) to the eligible applicants. The meeting of the Rights Issue Committee commenced at 10.30 A.M and completed at 11.00 A.M Kindly take the same on record and acknowledge receipt.
02-05-2023
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SEPC Ltd - 532945 - Intimation On Receipt Of Invitation From ROSHN Real Estate Company, Riyadh, Kingdom Of Saudi Arabia, To Participate In Contractor'S Framework Infrastructure

 This is to inform that SEPC Ltd, received an invitation from ROSHN Real Estate Company in Riyadh, Saudi Arabia, to participate in their Contractor''s Framework infrastructure. This framework aims to establish strategic agreements with key partners to successfully complete projects due to their scale, number, and timing. The invitation will enable SEPC to undertake contracts in Saudi Arabia. ROSHN is a leading Real Estate/Infrastructure company in Saudi Arabia, owned by the Public Investment Fund, one of the largest sovereign wealth funds in Saudi Arabia with an Asset Under Management (AUM) of USD 620 billion. H.R.H Crown Prince Mohammed Bin Salman Bin Abdulaziz Al Saud is the Chairman of the Board. DETAILED LETTER ENCLOSED
27-04-2023
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SEPC Ltd - 532945 - 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 CompanySEPC Ltd 2CIN NO.L74210TN2000PLC045167 3 Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr) 156.93 4Highest Credit Rating during the previous FY D 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: T Sriraman Designation: Company Secretary and Compliance Officer EmailId: [email protected] Name of the Chief Financial Officer: R S Chandrasekharan Designation: Chief Financial Officer EmailId: [email protected] Date: 25/04/2023 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.
25-04-2023
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SEPC Ltd - 532945 - Intimation On Receipt Of Information Of Announcement Of 'L1' In An Order For Konkan LNG Limited -- As Per Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015- Reg.

 This is to inform that we are declared as L1 during the opening of Konkan LNG Limited, Maharashtra tender towards supply and services of Ambient Air Heating Systems amounting over Rs 300 crores. Formal order is awaited post approval by client and other formalities. DETAILED LETTER ENCLOSED
20-04-2023
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SEPC Ltd - 532945 - Compliances - Compliance Certificate In Terms Of Regulation 40(9&10) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015.

 Please find enclosed the Compliance Certificate in terms of Regulation 40(9&10) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the financial year ended 31st March, 2023.
19-04-2023

Services exports may reach USD 400 bn during 2023-24: SEPC

 Buoyed by a significant jump in exports during 2022-23, Services Export Promotion Council (SEPC) on Wednesday said the healthy growth trend will continue and shipments are expected to reach up to USD 400 billion this fiscal. During 2022-23, the country's services exports rose by 42 per cent to USD 322.72 billion from USD 254 billion in 2021-22, according to provisional data from the commerce ministry. "The services sector had targeted USD 300 billion but accomplished USD 322 billion. Subject to the final data we might touch USD 350 billion in 2022-23 and based on the current trend and the continuing growth our estimate is around USD 375 billion to USD 400 billion for 2023-24," SEPC Chairman Sunil H Talati told PTI. Sectors that contributed to the services exports growth during the last fiscal include travel, transport, medical, and hospitality, he said. He added that the council has been working tirelessly in collaboration with the government to catapult services sector growth with
19-04-2023
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