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BSE Announcements
As on : 19-Jun-2019
Ashok Leyland
Ashok Leyland announced that its plant situated at Pantnagar will remain closed from 24 June 2019 to 29 June 2019 (both days inclusive) to facilitate alignment of production with sales requirements.
Blue Star
Blue Star announced that Mumbai Metro Rail Corporation (MMRCL) has issued a Letter of Intent dated 18 June 2019 to the Company for Design, manufacture, Supply, Installation, Testing and Commissioning of Tunnel Ventilation and Air Conditioning System approximately valued at Rs 253 crore, subject to the definitive agreements to be executed between the Company and MMRCL.
Housing Development Finance Corporation has entered into definitive agreements to acquire the entire 50.8% shareholding of Apollo Group, in Apollo Munich Health Insurance Company for a consideration of Rs 1336 crore and 0.4% shareholding held by a few employees for a consideration of Rs 10.84 crore, subject to regulatory approvals.

Post acquisition of the shares by HDFC, Apollo Munich shall be merged with its general insurance subsidiary, HDFC ERGO General Insurance Company.

To support the transaction with its material benefits for Apollo Munich, Munich Health will pay Rs 294 crore to Apollo Hospitals Enterprise and Apollo Energy in connection with the termination of their joint venture.

Whirlpool India
The Board of Whirlpool of India at its meeting held on 19 June 2019 accepted the resignation of Anand Narain Bhatia and Sanjiv Verma as Non- Executive Independent Directors of the Company w.e.f. 19 June, 2019 due to personal reasons.

The Board has appointed Rahul Bhatnagar (DIN: 07268064) and Pradeep Jyoti Banerjee (DIN: 02985965) as an Additional Director, with effect from 19 June, 2019.

Larsen & Toubro
The Construction arm of L&T has secured orders from prestigious clients in Sri Lanka and from within India.

Water and Effluent Treatment:

An EPC order has been bagged from the National Water Supply Et Drainage Board for the execution of the Kundasale Haragama water supply project in Sri Lanka's Kandy district.

Funded by Exim Bank of India and Bank of Ceylon and envisaged to provide drinking water to approximately 3.3 lakh people, the project scope includes design, construction, commissioning and 0&M of an intake structure, 55 MLD water treatment plant, 73 km of transmission mains, 19 Service Reservoirs of total capacity 16.2 ML, 9 Pump Houses, 280 Kms. distribution mains and associated electrical, mechanical & instrumentation works. The project also involves automation including measurement of input & output water quantity through suitable SCADA & other instrumentation works.

The order is in sync with the business's strategy to expand into select SAARC and other international markets.

GeoStructure: The business has secured an order from BPCL for ground improvement of tank foundation area, using stone columns of 800mm dia and around 1.6 lakh RM, at Krishnapatnam, Andhra Pradesh.

The business has secured another order from CMRL for construction of balance works of cut and cover section in the Phase 1 extension works.

Various add-on orders have been secured across different businesses for some of their existing projects.

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