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WWW.FINANCIALEXPRESS.COM

FINANCIAL EXPRESS NATION 11

THURSDAY, MAY 2, 2019

L&Tbuys short term: Tim Cook

Coffee DaMindtreePRESS TRUST OF INDIA

New Delhi, May 1

INFRATSRUCTURE MAJOR

LARSEN 8: Toubro has pur-

chased around 20% stake of

V G Siddhartha and Coffee

Day in Mindtree through

block deal for about 8,210 gov:crore.

-

According to data avail- had

able at the BSE, L&T bought ocal

3.2 7 crore shares heldby Sid-1e

dhartha and Coffee DayTrad»g '

ing onTuesday. ple ,

,

The infrastructure major

is in fray to buy up to 66%

Accelerator in Bengaluru, Cook

said the company was “very

happy”with some ofthe things

comingout ofthere.

“It’s along-termplay. It'snot

somethingthat’s goingtobe on

overnight huge business. But I

think the growth potential is

phenomenal,”he said.

Apple established the DesignandDevelopmentAcceleratorinBengaluru, the home of India’s

start-up scene,to support engi-

neering talerl‘t and accelerate

growth in India’s iOS developer

community.With tens of thousands of

developers in lndiamakingapps

foriOS,theoperatingsystemfor

Appleproducts iPhone and iPad,

Applehad saidthat the initiative

w uld provide additional, spe-

sed support forthern.

When asked about the

Androidoperatingsystemdom-

inating the Indian market and

Apple’scomparativelylessmar-

ket share in the country, Cook

sai “it doesn’t botherme thatit’s primarilyAndroidbusiness

atthernornentbecausethatiustmeans there’s a lot of opportu-

nitythere." _

According to anApril press

releasebymarket researchfinn

Counterpoint Research, the

market share ofChinesebrands

in the Indian s’martphone mar-«'

ket reached a record 66% dur-

ing Q1 2019, andvolumes for

the Chinesebrands grew 20%

YoYmainlydue to thegrowthof

Vivo,Realrne,and OPPO.

India’s smartphone market

is dominatedbyphonesthatrun

on the Android operating sys»

tem such as Xiaomi and Sam-

sung.~

stake in the Mindtree for

around ?10,800 crore.

L&T has entered into a

7deal to buy Cafe Coffee Day L&T h ced

owuer Siddhartha’s 20.32%.

.

deal to est

stake in Mindtree and hasDa 0 P3

also placed an orderwithbro-y

,

ee:kers to pick up another 15%

20.32%ata

of the company shares from and hthe

the open market for about order'

te-

f2,500 crore. up an

Subsequent to these deals,c0mpa

LSxT has made an open offer

to buy additional 31 per cent open ED.stake through an open offer.

Mindtree had formed a

panel of independent direc—

tors to look into “unsolicited

open offer” by infrastructure

TVS looksFE BUREAU

Chennai, May 1‘

TVS MOTOR COMPANY said

that itwould invest ?650 crore

in the current financial year

,

NIIT LIMITED

Regd. Office: B, Balaii Estate, First Floor,

Gum Ravi Das Marg, Kalkaii, New Delhi - 110019

Phone No.: t91-11- 41675000, Fax No.-. +91-11-41407120

CIN‘. L74899DL1931PLC015365

Website: www.niit.com; Email: investorsflnlltcom' NOTICE ,

Notice Is hereby given pursuant to the provisions of Section 124 (6) of the Companies Act.

2013 read along with the investor Education and Protection Fund Authority (Account,

Audit, Transfer and Refund) Rules, 2016 (”the Rules") notified by the Ministry of CormraleAffairs effective from September7, 2015 and amendments made thereunder.

Pursuant to the Rules, unpaid or unclaimed dividends are required to be transferred by the

Company to the Investor Education and Protection Fund (IEPF) established by the Central

Government, afler completion of seven years.'

Further, Equity Shares oflhe Company, in respect ofwhich dividend has remained unclaimed

or lulpaid for seven consecutive years or more, are required to be transferred bythe Company

to the Investor Education and Protection Fund ("iEPF") Suspense Account..

The Company has already sent an individuaicommunicalidn to all concerned shareholders

at their registered addresses informing the aforesaid‘provi'slons land. to claim unpaid

dividend, so as to avoid transfer of shares to IEPF Suspense Account: ,

The detail of such shareholders, unclaimed dividend and sharés liable for transfer to iEPF

Suspense Account is available 'on Company‘s website Le, vauwniitcom. ,

,

Concerned shareholderls) may immediately approach the Company at the coordinates

indicated below with necessary documents supporting their dividend claim, Falling receipt

of communication by July 31, 2019, the Company will proceed to transfer the dividend and!

or shares, by the due dates specified by the Rules cr-such further extended date as may

be applicable, for necessary compliance.. .

,

The Unclaimed dividend amount and the shares transferred to iEPF Suspenseilccounl

may be claimed by the concerned shareholdertrorn lh'e IEPF Authority by following the

procedure prescribed under the aforementioned iEPF Rules. ,

For any queries on the subject matter, you may contact Company's Investors Service

Department at B, Baiaji Estate, Guru Ravi Das Marg, Kalkaji, New Delhi - 1100019, Phone:

01141675000: Fax: 011-41407120, Email : investors@nlit.coma

urn-

For NIIT Limited

Stil-

Place: Gurugram Deepak Bansal

Date: April 30, 2019 Company Secretary

towards BS v1 audiology: new

products and capacityexpamsionTltecompanysaiditwo‘ifldensure dealers will nothe‘bundened with inventory duecto

‘

changingemissionnormswith‘

effect from April 1, 2020. The'

company will also better the

industry’5 growthinctn’rentfis-cal/too.

.

At a concall after fourth

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rateson ..

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L1_5412W‘B1918PL0002964)- rford Street, ‘Kolkata - 700 017

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