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Announcements
BSE NSE As on : 21-Aug-2019
Kansai Nerolac
Kansai Nerolac Paints (KNPL) announced that on 21 August 2019, a business transfer agreement has been entered into by and between Nerofix (incorporated in terms of the JVA, paid-up equity share capital of which is held by KNPL and Polygel in the ratio of 60:40), Polygel, Promoters of Poly gel and KNPL.

Under the terms of the business transfer agreement, the adhesives, construction chemicals and sealants business of Polygel would be transferred to Nerofix as a going concern on slump sale basis upon payment of the proposed transfer consideration of Rs. 20 crore by Nerofix.

Bajaj Hindusthan
Bajaj Hindusthan Sugar announced that the Annual General Meeting (AGM) of the company will be held on 20 September 2019.
Tata Sponge Iron
Tata Sponge Iron has been renamed Tata Steel Long Products with effect from 20 August 2019.
NCL Inds.
NCL Industries announced that CRISIL has reaffirmed the credit ratings for the company's bank facilities of Rs 377.25 crore and fixed deposits of Rs 75 crore as under -

Long term rating - CRISIL A-/Stable (Reaffirmed)
Short term rating - CRISIL A2+/ Stable (Reaffirmed)
Fixed Deposits - FA/ Stable (Reaffirmed)

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