Company update 4.12.19

APOLLO TYRE

We wish to state that this announcement by the Company is related to its tie-up with a distributor in Saudi Arabia for sales in Saudi Arabia only, through its wholly owned step-subsidiary in Middle East. The tie-up does not have any material impact on the Company as the current sales of Saudi Arabia is less than 0.5 % of Company's Turnover.

We would, as in the past, promptly inform the stock exchanges and the shareholders about any material development and/or about any event or information which may have a bearing on the performance/operations of the Company, as well as, price sensitive information as per the regulatory requirements under Regulation 30 and 51 of the SEBI {LODR) Regulations, 2015.

ASHOK LEYLAND

We hereby inform you that in order to align production in line with the market demand for our products, the Company proposes to observe non-working days ranging from 2-12 days in few plants, during the month of December 2019.

BHARTI AIRTEL

In furtherance to intimation dated November 29, 2019 and pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, we wish to inform you that the Board of Directors of the Company, in its meeting held today (i.e. December 04, 2019) has, subject to the approval of shareholders and/or other regulatory / statutory approvals, approved the raising of funds through

a) One or more Qualified InstitutionS Placement, public and/or private offerings of equity shares, compulsory convertible debentures / other convertible securities / warrants / ADR / GDR or a combination thereof for an aggregate amount of USD 2 Bn (equivalent currency);

b) Issuance of unsecured and/or secured, listed and/or unlisted, Foreign Currency Convertible Bonds (FCCBs) or other similar security denominated in foreign currency(ies) or combination thereof in one or more tranches for an aggregate amount upto USD 1 Bn (equivalent currency) on private placement basis or otherwise; and

 c) Issuance of unsecured and/or secured, listed and/or unlisted, redeemable non-convertible debentures along with warrants or other similar security denominated in INR or combination thereof in one or more tranches for an aggregate amount upto USD 1 Bn (equivalent currency) on private placement basis or otherwise.

Apart from USD 2 Bn under (a) above; the overall issuance under (b) & (c), for now shall be upto USD 1 Bn, thereby totaling to USD 3 Bn.

GATI LTD

Allcargo plans to acquire up to 50% stake in GATI Ltd

HCL TECHNOLOGIES

HCL DELIVERS POWERFUL NEW VALUE FOR 10 MILLION DOMINO APPLICATIONS WORLDWIDE

HCL Technologies (HCL), a leading global technology company, today announced the general availability (GA) of the latest version of Domino, the secure enterprise rapid-application-development platform. This newest version, vii, represents a major milestone in HCL’s commitment to modernize and innovate the Domino ecosystem — and transform over 10 million enterprise-grade apps powering business for more than 15,000 customers.

HCL Domino vii enhancements include:

• Domino ~DD5 ao mobile: HCL Nomad provides the ability to take existing apps and rapidly deliver them on Apple iPhone and iPad, Android and Chrome OS tablets with minimal effort

• Domino apos aet low-code develoDment: HCL Domino Volt provides a new low-code development paradigm to build new Domino apps 60-70% faster, and makes it easy for developers and business analysts across the organization to rapidly develop powerful new secure and enterprise-grade workflow applications without any specialized skills

• Domino aops integrate and synchronize: HCL Domino vii is the most open version of the platform yet, with active directory synching to simplify integration with Microsoft 365 and enable enterprises to more fully leverage Domino with other tools and applications across their business

"Domino vii delivers on our commitment to our customers — to continue unlocking new value by relentlessly innovating ~ modernizing,” said Darren Oberst, C’LVP and Head of k-CL Software"

“Domino has proven its versatility, scalability and low total cost of ownership in large enterprises around the world for decades, and with vii, we are modernizing and opening the platform to build upon these foundational strengths for the next generation of applications. This is another major delivery towards our multi-year

HDFC AMC LTD

In relation to offer for sale of equity shares of face value of Rs. 5 each (“Equity Shares”) of HDFC Asset Management Company Limited (the “Company”) by one of its promoters, Standard Life Investments Limited (the “Seller”) through the stock exchange mechanism

We, the Seller, refer to the notice dated December 3, 2019 (“Notice”) sent by us whereby we proposed to sell up to 4,750,000 Equity Shares (representing 2.23% of the total issued and paid-up Equity Share capital of the Company) (“Base Offer Size”) on December 4, 2019 (“T day”) (for Non-Retail Investors only) and on December 5, 2019 (“T+1 day”) (for Retail Investors and Non-Retail Investors who choose to carry forward their un-allotted bids) with an option to additionally sell up to 3,850,000 Equity Shares (representing 1.81% of the total issued and paid-up Equity Share capital of the Company) (the “Oversubscription Option”, and the Equity Shares forming part of the Base Offer Size and the Oversubscription Option in aggregate, the “Sale Shares”) through a separate, designated window of BSE Limited (“BSE”) and National Stock Exchange of India Limited (“NSE”, and together with BSE, the “Stock Exchanges”), in accordance with the SEBI OFS Circulars and the notices and circulars issued by the Stock Exchanges from time to time, in this regard (such offer for sale hereinafter referred to as the “Offer”).

In this regard, we wish to intimate the Stock Exchanges of our intention to exercise the Oversubscription Option in the Offer to the extent of 1,835,509 Equity Shares (representing 0.86% of the total issued and paid-up Equity Share capital of the Company) in addition to 4,750,000 Equity Shares (representing 2.23% of the total issued and paid-up Equity Share capital of the Company) forming part of the Base Offer Size. Accordingly, the aggregate number of Sale Shares will be up to 6,585,509 Equity Shares (representing 3.10% of the total issued and paid-up Equity Share capital of the Company) of which, up to 658,551 Equity Shares (representing approximately 0.3 1% of the total issued and paid-up Equity Share capital of the Company) would be available as part of the Offer on T+1 day, i.e. December 5, 2019.

HINDUSTAN PETROLEUM

In terms of Regulation 30 read with Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015, we write to inform you that Moody's Investor Service, an International Credit Rating Agency in regard to HPCL's Foreign Currency (USD) denominated notes, affirmed Baa2 foreign currency issuer and senior unsecured debt and revised its outlook to negative from stable.

HINDALCO INDUSTRIES

Hindalco Industries launches India's first All-Aluminium Freight Traile

Hindalco Industries Limited, a global leader in aluminium and copper, launched India’s’ first all-aluminium freight trailer in Jaipur, Rajasthan. Shri Udai Lal Anjana, Honourable Minister of Co-operative and IGNP, and Shri Pratap Singh Khachariyawas, Honourable Minister of Transport, Govt. of Rajasthan, along with Mr. Satish Pai, MD, Hindalco, handed over India’s first all-aluminium freight trailer to Kamal Exim Pvt. Ltd., a leading Jaipur-based transporter of UltraTech Cement Limited. UltraTech’s senior leaders, Managing Director Mr. K.K. Maheshwari and Deputy MD Mr. K.C. Jhanwar graced the occasion

Speaking at the handover of their first aluminium trailer, Satish Pai, MD, Hindalco Industries Limited said, “Hindalco’s aluminium trailer is one of our big initiatives for India’s logistics and freight industry. At Hindalco, sustainability is integral to our business and this is a significant step to introduce sustainable, engineered transport solutions for the logistics industry. We are happy to commence our journey with UltraTech Cement and hand over our first aluminium trailer to help them reduce their logistics costs through better efficiencies. We will continue to empower and create value for our partners and nurture our environment through our ‘Aluminisation’ mission, which is guided by the purpose of making metals that are Greener, Stronger, Smarter.”

The aluminium freight trailer can ferry a wide range of materials such as cement, alumina, fly ash, grains, flour, steel coils and cylinders. The unique properties of aluminium ensures that the vehicle is safe, strong, durable, efficient and environmental-friendly, in addition to being cost-effective. The trailer is being engineered with inputs from ARAI (Automotive Research Association of India) to ensure optimum results

Made from high-strength aluminium alloy, the 34-foot long aluminium trailer is 50% lighter and weighs over 2.5 tonnes less than an equivalent steel trailer. Each trailer saves over 15,000 litres of fuel, and gives off 25 tons less GHGs and helps in achieving BS-VI emission targets. Moreover, each trailer can potentially carry a corresponding extra load of ~2.5tonnes per trip, thus providing additional revenue and other business benefits to the transport industry.

For Hindalco, Aluminium trailers represent a business turnover estimated at around Rs. 500-600 Cr with 50% adaption. The annual Indian trailer production is estimated to be around 20,000 units per annum. The trailer market in India, though cyclical, is expected to grow at a rate of 10-12 per cent annually.

Speaking at the occassion, Mr. KK Maheshwari, MD, UltraTech Cement Limited said, “The logistics and freight market has really picked up in the last decade due to the improved road network in India. The introduction of a complete aluminium trailer would be a game-changer for the market due to its increased efficiency and support in reducing carbon footprint. We are excited to commission this aluminium trailer designed by Hindalco and look forward to ushering in a new era for the logistics and freight industry.”

HUDCO

This is to inform that, the two borrowing agencies of the Company have defaulted in repayment of their dues with a defaulted amount of Rs. 8746.06 lakh against the principal outstanding of Rs. 86940.75 lakhs as on date and have been classified as NPAs with an impact of 1.14% on Gross NPA

IFB INDUSTRIES

This is to inform you that a fire broke out on Znd December 20L9 at around Lt'20 PM at our ware house at Khasra No 3t/2/l/2,g1L,1'/3,8/I0/t,z/2 BilaspuriTauru Road' Gudhi village, District Mewat, Haryana, tndia- L221'05. The estimation of loss is yet to be ascertained. The above disclosure is in terms of Regulation 30 (4) of SEBI (LODR) Regulation 2015,

L&T

L&T Construction awarded (*Significant) contracts for its various businesses

The construction arm of L&T has secured orders from prestigious clients across various Indian states for its varied businesses

In Maharashtra, an empanelment and rate contract has been awarded to provide off-grid DC solar photovoltaic water pumping systems with standalone lighting systems for farmers in the Aurangabad, Nashik and Pune revenue divisions. These systems will have provision for mobile charging, transfer of automated meter reading and water discharge reading data

In the United Arab Emirates, the business has secured an order for the design, supply and construction of a 132kV Substation project with associated 132kV cabling works from one of the government utilities.

Additional orders have been won in ongoing projects in the Middle East.

Transportation Infrastructure: The business has secured a major add-on order from an existing client in Qatar for an Expressway.

Additionally, various add-on orders have been received by some existing projects in the Water and Effluent Treatment (WET) and Metallurgical and Material Handling (MMH) businesses.

ONMOBILE GLOBAL

OnMobile collaborates with Samsung to build and manage its Contests ecosystem

OnMobile, the global leader in mobile entertainment, is proud to collaborate with Samsung, India’s biggest and most trusted smartphone brand.

With an objective to increase interactions with service, the time spent and to drive engagement, OnMobile has integrated its contests platform to provide an intuitive and rewarding experience to Samsung My Galaxy app users.

The Samsung My Galaxy app offers a unique all-in-one experience including videos, music, games, news and personalized offers and updates. Currently, there are over 20 million ‘My Galaxy’ app users in India.

The mobile contests platform by OnMobile offers a wide range of interesting and contextual topics, with instant gratifications, fair winner selection and real prizes, paramount for user engagement. The initial response has been very encouraging.

“Our collaboration with Samsung to build and manage its Contests ecosystem reiterates the trust and credibility we have built over the years amongst our partners in India. Contests have been a top revenue generator for our business partners across the globe, and we are very excited about bringing this leading-edge platform to the users of Samsung My Galaxy App,” said Sanjay Bhambri, President& Chief Operating Officer, OnMobile Global Limited.

RELIANCE

JIO’S “NEW ALL-IN-ONE PLANS” REAFFIRMS JIO’S CUSTOMER-FIRST PROMISE

- Available from 6th December 2019
- Up to 300% more benefits than earlier all-in-one plans
- The most affordable plan in the industry

SHILPA MEDICARE

Shilpa Medicare Limited is pleased to announce successful closure of inspection, with the receipt of Establishment Inspection Report (EIR) from the US Food and Drug Administration (USFDA) for the inspection conducted at API manufacturing site located at Raichur, Karnataka, India for the inspection conducted during the period 22nd July, 2019 to 26th July, 2019.

STRIDES PHARMA SCIENCE

Strides receives USFDA tentative approval for   Diclofenac Potassium Softgel Capsules

 Strides Pharma Science Limited (Strides) today announced that its step‐down wholly owned subsidiary, Strides Pharma Global Pte. Limited, Singapore, has received tentative approval for Diclofenac Potassium Softgel Capsules, 25 mg from the United States Food & Drug Administration (USFDA). The product is a generic version of Zipsor Capsules, 25 mg, of Assertio Therapeutics, Inc.

Strides specializes in softgel domain and is a global leader in the Rx space. Strides now has a   large portfolio of softgel products which comprises of 11 approved products for the US markets along with a strong product pipeline cutting across several therapeutic segments. Diclofenac Potassium Softgel Capsules is part of Strides niche and small volume product portfolio with limited competition in the US market. According to IQVIA MAT data, the US market for Diclofenac Potassium Softgel Capsules, 25 mg is approximately US$ 30 Mn. Strides can launch the product earliest by September 2022 based on terms of settlement. On receiving full approval, the product will be manufactured at the company’s Oral dosage facility at Bangalore and marketed by Strides Pharma Inc in the US Market.

The company has 102 cumulative ANDA filings with USFDA of which 67 ANDAs have been   approved and 35 are pending approval.

STATE BANK OF INDIA

we advise that the Executive Committee of the Central Board of Directors (ECCB) of the Bank at its meeting held today has accorded final approval, for divestment of SBI stake in UTI AMC upto 8.25% through IPO by way of offer for sale of upto 1,04,59,949 equity shares (the "Offered Shares"), subject to the approval of the Securlties and Exchange Board of India ('SEBI'), and/or such other concerned authorities and departments

TATA POWER

we wish to inform you that Renascent Power Ventures Private Limited (Renascent) has today acquired tlie 75.01% equity stake and 27,00,00,000 Preference shares of Rs.1 0/- each of Prayagraj Power Generation Company Limited.

Renascent is a wholly owned subsidiary of Resurgent Power Ventures Pte. Limited (a joint venture between Tata Power International Pte. Limited (TPIPL) (a wholly owned subsidiary of Tata Power), ICICI Bank Ltd. (ICICI Bank) and other reputed global investors, set up to acquire assets in the Indian Power Sector. TPIPL owns 26% stake in Resurgent Power and the balance 74% is held by ICICI Bank and other global investors