DAMODAR INDUSTRIES LIMITED Reg. 19/22 & 27/30, Madhu Estate, Pandurang Budhkar Marg, Worli, Mumbai – 400 013 CIN: L17110MH1987PLC045575 Tel. No. – 22-66610301/2, Fax – 22-66610308 E-Mail – [email protected] website: www.damodargroup.com Date: March 26, 2020 To, To, The Manager – CRD National Stock Exchange of India Limited BSE Limited The Corporate Relation Department, Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot no. C/1, G Block Dalal Street, Fort Bandra - Kurla Complex Mumbai – 400001 Bandra (E) Mumbai - 400 051 Script Code: 521220 Script Symbol : DAMODARIND Sub: Publication of Postal Ballot Results in News Paper Dear Sir/Madam, Pursuant to Regulation 30, 47 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, we hereby enclose copy of newspaper publication of Postal Ballot result in Business Standard and Mumbai Lakshadeep on March 21, 2020 for your kind perusal. Kindly take the same in your records and inform the Stakeholders accordingly. Thanking You, Yours Faithfully, For Damodar Industries Limited Sd/- Subodh Kumar Soni Company Secretary Encl: Copy of English and Marathi Newspapers
The Corporate Relation Department, Phiroze Jeejeebhoy Towers,
Exchange Plaza, Plot no. C/1, G Block
Dalal Street, Fort
Bandra - Kurla Complex Mumbai – 400001
Bandra (E) Mumbai - 400 051
Script Code: 521220
Script Symbol : DAMODARIND
Sub: Publication of Postal Ballot Results in News Paper Dear Sir/Madam, Pursuant to Regulation 30, 47 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, we hereby enclose copy of newspaper publication of Postal Ballot result in Business Standard and Mumbai Lakshadeep on March 21, 2020 for your kind perusal. Kindly take the same in your records and inform the Stakeholders accordingly. Thanking You, Yours Faithfully, For Damodar Industries Limited Sd/- Subodh Kumar Soni Company Secretary Encl: Copy of English and Marathi Newspapers
SUBRATA PANDA
Mumbai, 20 March
The session’s court inMumbai on Friday sentRana Kapoor, former
managing director (MD) andchief executive officer (CEO) ofYES Bank, to judicial custodytill April 2. This came after theEnforcement Directorate (ED)submitted before the court thatit does not need Kapoor’s cus-tody any further.
The Central Bureau ofInvestigation (CBI) has alsomoved a production warrant totake Kapoor into custody.
The CBI had filed a caseagainst Kapoor for allegedlyobtaining illegal gratification byacquiring a property in Delhifrom Gautam Thapar’s Avanthagroup. In exchange, YES Bankwaived the industrial house’sdues and advanced new loans.
Earlier, Kapoor’s ED custodywas extended by four days toMarch 20 while the ED hadasked for a six-day custody. Theformer banker was arrested onMarch 8 by the ED under theprovisions of Prevention ofMoney Laundering Act and wassince in the ED’s custody.Kapoor told the court on Fridaythat he was suffering from asth-ma, and because of his age, he isvulnerable to coronavirus. Thecourt has asked the jail author-ities to take appropriate precau-tions on this count.
Meanwhile, a number ofhigh-profile corporate promot-ers were summoned by theprobe agency, including AnilAmbani, Naresh Goyal, Kapiland Dheeraj Wadhawan,
Subash Chandra and SameerGehlaut in connection with theYES Bank case. Anil Ambaniwas questioned by the ED onThursday and asked to furnishsome important details whichare crucial for the case, said an ED official. Ambani’s Reliancegroup is among the largest borrowers of the bank, with an exposure of around ~13,000 crore.
Ambani sought more timefrom the agency to provide fur-ther clarifications on some spe-cific queries. The probe agencyhas asked him to appear againon March 30. Other big default-ers of YES Bank, who had beensummoned by the ED to appearthis week, did not show up.
During investigations, theprobe agency found that a loanof ~202 crore was sanctioned toMack Star Marketing, which is ajoint venture among HDIL pro-moters Sarang Wadhawan &Rakesh Wadhawan, formerPMC Bank chairman Waryam
Singh and the De Shaw group. The first three hold only
16.64 per cent shares in the entity while the De Shaw groupholds majority stake. The EDfound that the loan of ~202crore, sanctioned to Mack StarMarketing, was used by HDILto pay off loans. The loan wassanctioned to the entity with thespecific purpose of renovatingits office building.
Further investigations haverevealed that about 78 compa-nies owned by Kapoor’s familymembers were being controlledand managed by Kapoor him-self. The ED has also found thatYES Bank had bought deben-tures of Dewan HousingFinance (DHFL) worth ~3,700crore while the latter gave a loanto a firm owned by Kapoor’sdaughters for ~600 crore.
Both the transactions weresuspicious as the companyowned by Kapoor’s daughtersdid not have sufficient businesses or assets.
Court sends Rana Kapoor tojudicial custody till April 2
YES Bank co-founder Rana Kapoor at the Arthur Road Jail inMumbai on Friday PHOTO: KAMLESH PEDNEKAR
MUMBAI | 21 MARCH 2020 FINANCE 3. <
State Bank of India (SBI) willprovide emergency loans at 7.25 per cent (per annum) fixedrate of interest to existing borrowers whose operationsare impacted by COVID-19. Thescheme will be in force up toJune 30.
The ad hoc loan facility,named COVID 19 EmergencyCredit Line (CECL), is aimed atmeeting the temporary liquidity mismatch arising outof the virus outbreak, SBI informed branches.
All standard accounts as ofMarch 16 and till the date of
sanction are eligible. However,standard accounts classified as SMA 1 (overdue between 30 and 60 days) and SMA2(overdue between 61 and 90days) are not eligible for avail-ing of this credit facility.
The maximum loan thatcould be availed of under thespecial scheme is capped at~200 crore.
This loan facility shall bemade available as fund-basedlimits only, SBI said. The max-imum brunt of COVID-19 fall-out is being faced by businessestablishments. ABHIJIT LELE
SBI to provide ad hoc loan tousers affected by COVID-19
Lenders to seekrelaxation onloan repaymentSOMESH JHA
New Delhi, 20 March
Lenders are set to demanda host of relaxations onrepayment of loans in a bidto tide over the COVID-19crisis. These include a 90-day relief in classifyingaccounts as non-perform-ing assets (NPAs) anddeferring installment ofterm loans.
The manage-ment committeeof the IndianBanks’Association (IBA)met on Fridayand froze a set ofdemands that itwill put up beforethe Reserve Bank (RBI) andthe government. It willmake a bid to help the sec-tor and retail and corporateborrowers alike, IBA chiefexecutive officer SunilMehta said over phone.
“We are asking for a 90-day extension of the time-line for slippage of a run-ning account – both cashcredit and overdraft – intoNPA,” Mehta said. If bor-rowers are unable to repayloans within 90 days of thedue date, their loanaccount is classified as NPAby the banks right now. Ifthe IBA’s recommenda-tions are accepted, the NPAtag will take six months.
During the interveningperiod, the accounts willnot be classified as a‘stressed asset’, technicallyknown as Special Mention
Accounts (SMA)-1 or SMA-2 accounts. SMA-1s arethose in which loan repay-ments have been overduefor a period between 31 and60 days, while SMA 2accounts are the ones witha delay of 61-90 days.
Bankers foresee that theCOVID-19 impact on thesector will last for sixmonths. This is becausebusinesses across all sectors
will run dry on cashand even takeextreme measuressuch as retrench-ment to tide over.Banks want easierloan repaymentterms, a CEO of abank, who was pres-
ent in the meeting, said.“We have decided to
demand deferment of upto six months in term-loaninstallments with a conse-quential shift in the repay-ment period by six months.This will be left to the dis-cretion of bankers. Iflenders feel that half of theinstallment amount can bedeferred, as the paymentcapacity of the borrowerhas weakened, additionalsix months can be given.Even full installment sumscan be postponed on acase-to-case basis,” saidMehta, who was earlier theMD and CEO of PNB.
The COVID-19 has hitseveral industries in Indiaand the impact is visibleacross all segments as citieshead for a lockdown to contain the spread.
CORONAVIRUSPANDEMIC
SUBRATA PANDA
Mumbai, 20 March
The Reserve Bank of India (RBI)on Friday appointed R Gandhiand Ananth NarayanGopalakrishnan additionaldirectors to the board of crisis-hit YES Bank for a period of twoyears.
This will be R Gandhi’ssecond stint as an additionaldirector on the private sectorlender’s board. The formerdeputy RBI governor’s first termwas to expire in May 2021 butthe central bank supersededthe previous board of YES Bankearlier this month.Gopalakrishnan, an associateprofessor at SP Jain Institute ofManagement and Research, isan international banking andfinancial markets expert. Hewas previously StandardChartered Bank's regional headof financial markets for ASEANand South Asia.
According to the YES Bankreconstruction scheme, the government had constit-uted a four-member board.Prashant Kumar, the currentadministrator of the bank, wasappointed the managingdirector and chief executiveofficer. Sunil Mehta, formernon-executive chairman ofPNB, was named the non-executive chairman of thebank.
Gopalakrishnan,R Gandhi namedadditionaldirectors
NITIE Mumbai Placements:Average salary up at Rs 20.88 lakhs per annum
National Institute of Industrial Engineering (NITIE), Mumbai wrapped up the final placements forits 2018-20 batch with a highest international package of Rs. 58.24 LPA and a highest domesticpackage of Rs. 46.5 LPA. The average salary offered saw an increase as compared to last year andwas Rs. 20.88 LPA. A total of 121 recruiters participated in this year's placement drive offering roles across domainssuch as Consulting, BFSI, IT/Analytics, Supply Chain and Operations, Sales/Marketing etc. Someof the prominent recruiters that visited the campus were Abbot, Airtel, Amazon, Asian Paints, AxisBank, Cipla, Cloudtail, Col-Pal, Deloitte, Dr. Reddy's Laboratories, ETLI, EY, Flipkart, GCPL, Google,GSK Pharma, Hexaware, HUL, ICICI Bank, IDFC First, ITC, Johnson & Johnson, KPMG, MarutiSuzuki, Mondelez, Myntra, Nestle, Ola, P&G, Philips, PwC, RPG, RPSG, Uber and many more.Apart from regular recruiters, firms like Ather Energy, Grofers, Hexaware, IDFC First, IKSHealthcare, Kansai Nerolac, L'Oréal, LetsTransport, McKinsey, RBEI, SAP labs, ShapoorjiPallonjiGroup, Uber, Unacademy, Vardhman Group, ZS Associates visited the campus for the first time. The strong performance by the batch of 2020 carries forward the legacy of the institute and provesthat NITIE has a strong presence in the industry.For further information on NITIE, log on to www.nitie.edu
Public Notice in Form XIII of MOFA (Rule 11(9) (e))District Deputy Registrar, Co-operative Societies, Mumbai City (4)
Bhandari Co-op.Bank building, 2nd floor, P. L. Kale Guruji Marg, Dadar (West), Mumbai-400028.
(Regulation of the Promotion of construction, Sale, Management and Transfer) Act, 1963
Public Notice
Application No. 28 of 2019L R Plaza Co-op. Hsg. Soc. Ltd., Through Chairman / Secretary CTS No. 698B, S. No. 264, Hissa No. 1/ 1 & 1/ 2, Village - Malad, Gen. A.K. VaidyaMarg, Malad (East), Mumbai - 400 097. Applicant /s. Versus, 1) M/s. Vivek Builders, 12-A, Laxminarayan Shopping Centre, 1st Floor, Poddar Road,Malad (East), Mumabi - 400 097. 2) Janglya Shanvar Khanjode (Deceased) , The legal heirs of the said deceased are as follows: A) Ladkibai JanglyaKhanjode, B) Raghunath Janglya Khanjode (Since Deceased) Kamla Raghunath Khanjode (Since Deceased) (Wife of Raghunath Khanjode) The legalheirs of both the deceased being : a) Ravi Raghunath Khanjode, b) Raju Raghunath Khanjode, c) Rama Manoj Varthe, d) Renuka Ratan Bhawar. C) KanuJanglya Khanjode (Since Deceased) The legal heirs being : a) Soni Kanu Khanjode, b) Rajesh Kanu Khanjode, c) Naresh Kanu Khanjode, d) Ganesh KanuKhanjode, D) Bapu Janglya Khanjode ( Since Deceased) Mr. Santosh Bapu Khanjode (Legal heir), E) Shanvar Janglya Khanjode ( Since Deceased) Allthe legal heirs being : a) Jethu Shanvar Khanjode, b) Dipak Shanvar Khanjode, c) Sumitra Shanvar Khanjode, d) Manjula Shanvar Khanjode. F) RatnaJanglya Khanjode (Since Deceased) a) Smt. Surekha Ratan Khanjode, b) Dipali Ratan Khanjode, G) Mrs. Yamuna Janglya Khanjode, H) Devka JanglyaKhanjode, I) Dharmi Laxman Barpe, All Having last Known address at :- CTS No. 698 /B, Survey No. 264, Hissa No. 1/1, 1/2, Gen. A.K.Vaidya Marg,Malad (E), Mumbai-400097. 3) Mr. Pavankumar L. Jain (Partner & POA holder of Owners) Having address at :- A-602, Lacchiram Plaza, GokuldhamMarket, Film City Road, Malad (E), Mumbai-400097. 4) a)Vishnu Kashid, b)Kashinath Vishnu Kashid, Kanicha Pada, Goregaon Mulund Link Road,Goregaon / Malad East, Mumbai- 400097. 5) M/s. Mackwell Corporation, New Chandroday, Ground Floor, Bhanushali Lane, Ghatkopar East, Mumbai– 400077. 6) M/s Ashoka Farming Society ( a partnership firm) 91-A, Walkeshwar Road, Bombay-6 at 7, Homji Street, Fort, Mumbai. 7) Mr. VasumalR. Ahuja, 22-B, Ganga Building, Durgadatt Thard CHS Ltd., 16, Rani Sati Marg, Malad (East), Mumbai-400 097.8) Additional Collector & CompetentAuthority (ULC) 5th Floor, Administrative building, Government Colony, Opp. Chetana College, Bandra (E), Mumbai 400051. 9) Mr.Shivprasad M. Jain(Since Deceased), Through his legal heir, Mr. Vikas Shivprasad Jain, Having address at :- A/303, L.R. Plaza CHSL having situated on Plot having CTSNo. 698/B of Village Malad (East), Taluka Borivali, Survey No. 264, Hissa No. 1/1, 1⁄2, Gen.A.K.Vaidya Marg, Malad (East), Mumbai – 400097. 10) M/sLachhiram Jain Foundation Trust, Managed by Shree 1008 Chandraprabh Digambar Jain Chatalaya Trust having address at :- CTS No. 698/B of VillageMalad (East), Taluka Borivali, Survey No. 264, Hissa No. 1/1, 1⁄2, Gen. A.K.Vaidya Marg, Malad (East), Mumbai – 400097 . ... Opponent/s , and those,whose interests have been vested in the said property may submit their say at the time of hearing at the venue mentioned above. Failure to submit any sayshall be presumed that nobody has any objection in this regard and further action will be taken accordingly.
Description of the Property, :-
CTS No. Survey & Hissa No. Claimed Area
698/B, Village
Malad, Tal-Borivali
S.No. 264, H. No. 1/1
& 1/2 Village Malad
Land admeasuring 3237.4 sq. meters as specifically set out in
the Property Registration Card) at Village- Malad , Tal- Borivali.
Seal
Sd/-
(Dr. Kishor Mande)
District Deputy Registrar, Co-operative Societies, Mumbai
City (4) Competent Authority U/s 5A of the MOFA, 1963.
The hearing in the above case has been fixed on 27.03.2020 at 11.30 a.m. District Deputy Registrar,
Co-operative Societies, Mumbai City (4).Bhandari Co-op.Bank
Place: Thane Date: 21-03-2020 Sd/- Authorised Officer For IIFL Home Finance Limited (IIFL HFL)
Whereas, the undersigned being the Authorized Officer of IIFL Home Finance Limited (Formerly known as India Infoline Housing Finance Ltd.)(IIHFL) under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002 and in exercise of powers conferred under section 13(12) read with Rule 3 of the Security Interest (Enforcement) Rules 2002, a Demand Notice was issued by the Authorised Officer of the company to the borrowers / co-borrowers mentioned herein below to repay the amount mentioned in the notice within 60 days from the date of receipt of the said notice. The borrower having failed to repay the amount, notice is hereby given to the borrower and the public in general that the undersigned has taken possession of the property described herein below in exercise of powers conferred on him under Section 13(4) of the said Act read with Rule 8 of the said rules. The borrower In particular and the public in general are hereby cautioned not to deal with the property and any dealings with the property will be subject to the charge of IIHFL for an amount as mentioned herein under with interest thereon.“The borrower's attention is invited to provisions of sub-section (8) of section 13 of the Act, If the borrower clears the dues of the “IIHFL” together with all costs, charges and expenses incurred, at any time before the date fixed for sale or transfer, the secured assets shall not be sold or transferred by “IIHFL” and no further step shall be taken by “IIHFL” for transfer or sale of the secured assets.
All that piece and parcel of Flat No. 906, 9th Floor, admeasuring 680 Sq. Ft., Building “Abhishek Hights co-op,Housing Society comprised on Plot land bearing City Survey no. 26 B, Tika No. 5, situated and lying at Kharkar Ali, Taluka and District Thane.
WHEREAS,The undersigned being the Authorised Officer of the Bank Of India under the
Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, and in exercise of the powers conferred under Sub-Section (12) of Section 13 read with Rule 8 of the Security Interest (Enforcement) Rule, 2002, issued a Demand Notice dated 04.12.2019 calling upon the Borrower Mr. Pandharinath Vasudeo Wadkar and Guarantor Mrs. Varsha Machindra Bhatkar to repay Rs. 11,70,512.73 (Rupees Eleven Lakh Seventy Thousand Five Hundred Twelve and Seventy Three Paisa only) and further interest thereon within 60 days from the date of the said Notice.
The borrower having failed to repay the amount, Notice is hereby given to the Borrower/guarantors and the public in general that the undersigned has taken Symbolic possession of the immovable property owned by Mr. Pandharinath Vasudeo Wadkar described herein below in exercise of powers conferred on him under Sub section (4) of section 13 of Act read with rule 8 of the Security Interest Enforcement Rule, 2002 on this 19th day of March of the year 2020.
The Borrower in particular and the public in general is hereby cautioned not to deal with the immovable property and any dealings with the immovable property will be subject to the charge of Bank of India, Karwanchiwadi Branch for an amount of Rs. 11,70,512.73and further interest thereon from 01.12.2019.
The Borrower's attention is invited to provisions of Sub-Section (8) of Section 13 of the Act, in respect of time available, to redeem the secured assets.
Sd/- Authorised Officer
Bank of India
DESCRIPTION OF THE IMMOVABLE PROPERTYEQM of Flat No. B-8, 2nd Floor in 'B' Wing of “Rajyog Vihar Building” measuring 542 sq.ft. built up area Situated at House No. 2251/B-14, Between Godown Stop And Shantinagar Stop, Kajarghati Road, Nachane, Tal. & Dist. Ratnagiri, owned by Mr. Pandharinath Vasudeo Wadkar.Date : 19.03.2020Place : Ratnagiri
(For immovable property)APPENDIX - IV [(See Rule-8(1)]
SHOP NO.10 OF ON THE GROUND FLOOR OF OUR SOCIETY BELONGING TO MRS.JYOTI RAMESH WANKHEDE WITH 5 SHARES OF FACE VALUED OF RS.50 EACH, OF THE AGGREGATE VALUES OF RS.250/- BEARING DISTICTIVE NO.21 TO 25 SHARE CERTIFICATE NO 5 DATED 27.03.2009 (THE SAID SHARE) ISSUED BY THE SOCIETY (COLLECTEIVLY THE SAID PREMISES)IT IS HEREBY NOTIFIED THATa) Mrs.Jyoti Ramesh Wankhede is the owner of the said premises. The said shares are standing in her name. b) Our society is informed by the Mrs.Jyoti Ramesh Wankhede that,the Original Share Certificate in respect of the said Shares is not traceable and/or misplaced and/or is lost. She has lost police complaint for the same.c) Mrs. Jyoti Ramesh Wankhede has applied to our society for issuance of Duplicate Share Certificate in respect of the said Shares.d) If any person or party has any objections to the issuance of the Duplicate Share Certificate in respect of the said Shares as aforesaid he/she is requested to lodge his/her claim with the society in writing with the supporting documents within 15 days from the date of publication of this Public Notice, failing which the Society shall ignore such claim and/or objection as waived and shall proceed to issue the duplicate Share Certificate in respect of the said Shares.
PUBLIC NOTICE
For The Honorary Secretary/Chairman Mangaldeep Co-operative Housing Society Ltd.,
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