Ahmedabad, Page 7

Business BriefBusiness 7AHMEDABAD WEDNESDAY 13/11/2019

Bulletproof vehicles are becoming all the rage in the automotive industry. RangeRover's updated Sentinel, a bulletproof luxury SUV that was first released in 2015, ishelping to grow the market for armored vehicles around. There are currently between200,000 and 300,000 armored vehicles worldwide, but market watchers expect thatfigure to continue rising alongside political instability around the world.

Discontent in ITS officers of BSNL/MTNL after govt revival packageNew Delhi,

At a time when the re-vival package for BSNL andMTNL has been announced,demoralised Indian TelecomService (ITS) officers of thecompanies have sought theintervention of the govern-ment.

The Indian Telecom Ser-vice Association (ITSA) hasasked the Central govern-ment to issue directions tothe Department of Telecom-munications (DoT), BSNLand MTNL to effectively ex-ecute the revival plan an-nounced by the Union gov-ernment to allocate re-sources in an optimal man-ner.

In a letter to the DoTSecretary, ITSA President P.K.Jain has sought directions toDoT, BSNL and MTNL to re-patriate deployed ITS offic-ers while retaining its ownsenior management offic-ers.

To relieve the BSNL andMTNL from the burden of

salaries and allowances ofthe deployed ITS officers,amounting to approxi-mately Rs 200 crore per an-num, their salaries and vari-ous allowances should bepaid by the Government ofIndia/DoT. A copy of the let-ter is marked to the TelecomMinister, Cabinet Secretary,Secretary DoPT, Secretaryand Chairman, BSNL/MTNL.

Jain said in the letterthat presently the officers ofITS deployed in BSNL/MTNLare “demoralised anddemotivated” due to the dis-criminatory treatmentmeted out by the companymanagement.

The letter said thatBSNL/MTBL is not payingtheir salaries on time andnot depositing mandatoryGPF requirements and othercontributions. The missivepoints out that despite theletters by the DoT, not asingle repatriation order hasbeen issued by BSNL/MTNLand the deployed officersare kept as “bonded labour”in these companies in utterdisregard of the govern-

ment directives.“Therefore, it is in the in-

terest of both the compa-nies to repatriate at least 204excess ITS officers fromBSNL and 49 from MTNL im-mediately,” it said.

At present, BSNL/MTNLhas offred VRS package totheir employees of the ageof 50 years and above. BSNLhas 220 such officers aboveGM-level. Out of these, 150are around 50 or more yearsof age and it is likely that allof them will take VRS be-cause they will get specialex-gratia payment of Rs 1crore and above, thus sad-dling the companies with aheavy burden of Rs 150crore. “Hence, granting spe-

cial VRS to them is nothingbut undeserved gratifica-tion which turns out to be alottery for them and it willerode the financial effi-ciency, thereby severely af-fecting the targeted profit-ability and productivity ofthese companies,” Jain said.

On the other side, all thedeployed ITS officers havebeen unlawfully detainedby BSNL/MTNL for last morethan seven years, “continu-ing the perpetual contempt”of high court order.

TATA power reports 20% increase inconsolidated EBITDA

New Delhi,Tata Power, India’s largest integrated power com-

pany, today announced its results for the quarterended 30th September 2019, reporting a 20% in-crease in consolidated EBITDA. During this quarter,Tata Power introduced various future-ready techno-logical deployments for the benefit of its customerslike the QR Code for easy bill payments and installingElectric Vehicle charging infrastructure in Mumbai,thereby reaffirming its positioning of being a techforward integrated power company.

On a consolidated basis, Tata Power Group’s Q2FY20 Revenue* stood at Rs. 7,329 crore as comparedto Rs. 7,279 crore last year.

Commenting on the Company’s performance, Mr.Praveer Sinha, CEO & Managing Director, Tata Powersaid, “We are glad to report that with a continuedmarket focus, we have performed.

BRIDGE SECURITIES LTD.Regd. Office : 17, Suhasnagar Society, Nr. Dinesh Hall, Ashram Road, Ahmedabad - 380 009

(CIN: L67120GJ1994PLC023772, Web: www.bridgesec.co.in)E-mail : bridgesecurities@yahoo.co.in, Phone: 079-26578808

Extract of Unaudited Financial Result (Standalone) forthe Quarter ended on 30/09/2019 (Rs.in Lakhs)

For BRIDGE SECURITIES LIMITEDsd/-

Pragnesh R. ShahChairman & Managing Director

(DIN: 00144888)

Note: The above is an extract of the detailed format of Quarterly Financial Resultsfiled with the Stock Exchanges under Regulation 33 of the SEBI (Listing and OtherDisclosure Requirements) Regulations, 2015. The full format of the Quarterly/AnnualFinancial Results are available on the Stock Exchange websites (www.bseindia.com)& on Company's website (www.bridgesec.co.in)

Corresponding3 months

ended in theprevious year

30.09.2018Unaudited

Particulars

Place : AhmedabadDate : 12.11.2019

Year to datefigures/

previous yearending

30.09.2018Unaudited

Quarterended/

Current yearending

30.09.2019Unaudited

Sr.no

Whether results are Audited or Unaudited1 Total income from operations (net) 25.54 75.22 41.852 "Net Profit/(loss) for the period (before“Tax,

Exceptional and/or“Extraordinary items)" -7.36 -1.52 -4.253 "Net Profit/(loss) for the period before“Tax

(after Exceptional“and/or Extraordinary items)" -7.36 -1.52 -4.254 "Net Profit/(loss) for the period“after Tax

(after Exceptional“and/or Extraordinary items)" -7.36 -1.52 -4.255 "Total Comprehensive Income for“the period

(Comprising Profit/(Loss)“for the period(after Tax) and Other“ComprehensiveIncome (after tax)" -7.36 -1.52 -4.25

6 Paid up Equity Share Capital 336.13 336.13 336.137 "Reserves (Excluding Revaluation“Reserve)

as shown in the auditing“Balance Sheetof the previous year" -201.94 -188.51 -188.51

8 "Earnings Per share“(of Rs 10/- each)(for continuing“and discontinuingoperations)-" Basic : -0.22 -0.05 -0.13Diluted : -0.22 -0.05 -0.13

CEEJAY FINANCE LIMITEDCIN:L65910GJ1993PLC019090 Regd. Office: C. J. House,

Mota Pore,Nadiad-387001 Telefex:0268-2561727Website:www.ceejayfinancelimited.com

E-Mail:shaileshbharvad@ceejaygroup.com

For Ceejay Finance Limitedsd/-

Shailesh BharvadCompany Secretary

Date : 12-11-2019Place : Nadiad

PUBLIC NOTICE-TO WHOMSOEVER IT MAY CONCERNNotice is hereby given that the Certificate(s) for the undermentioned Equity Shares of the Company have been lost/misplaced and the holder(s) of the said Equity shares has/haveapplied to the Company to issue Duplicate share Certificate(s).Any person who has a claim in respect of the said Equity sharesshould lodge such claim with the company at its RegisteredOffice within 15 days from this date, else the Company willproceed to issue duplicate certificate(s) without furtherintimation.

Folio Name of the Distinctive Certificate No.ofNo. Shareholder(s) No(s) No(s) Shares

A02242 Arvind Foods Ltd 3012821- 35592 60803018900

S02172 Sagar Soya 3332176- 35591 9120Products Ltd. 3341295

S02173 Sagar Soya 3341296- 35593 8000Products Ltd. 3349295

MINAXI TEXTILES LIMITEDCIN : L 17119GJ1995PLCO25007

Regd.Office : Plot No. 3311, G.I.D.C. Phase IV, Chhatral,Tal. Kalol Chhatral, Gandhinagar 382729

EXTRACT OF STANDALONE UNAUDITED FINANCIAL RESULTS FORTHE QUARTER ENDED ON 30.09.2019

NOTES :1 The above is an extract of the detailed format of Quarterly and Half yearly Unaudited Financial Results

filed with the Stock Exchange under Regulateon 33 of the SEBI (Listing Obligations and DisclosureRequirements) Regulations, 2015. The full format of the Quarterly and Half yearly Unaudited FinancialResults are available on the website of the Stock Exchange : www.bseindia.com and the company'swebsite : www.minaxitextiles.com

2 The above Unaudited Financial results for the quarter and half year ended on 30th September, 2019 havebeen reviewed by the Audit Committee and have been considered and approved by the Board of Directorsat its Meeting held on November 12, 2019. The Statutory Auditors of the Company have carried outLimited Review of the Statement. While placing this financial results before the Board, the ManagingDirector and the Whole Time Director has issued certificate as required under Regulation 33(2)(a) of theSEBI (LODR) Regulations, 2015. As the Chief Financial Officer is out of the country, this certificate isissued by the Whole Time Director and Managing Director of the company.

3 The above results were reviewed and recommended by the Audit Committee and considered and approvedby the Board of Directors at its meeting held on November 12th , 2019.

4 During the half year ended 30/09/2019, the company has booked GST Refund Receivable amounting toRs. 146.04 lakhs in its other operating revenues.

5 The financial results have been prepared in accordance with the Companies (Indian Accounting Standards)Rules, 2015 (IND AS) prescribed under Section 133 of the Companies Act, 2013 and other accountingprinciples generally accepted in india.

Place : ChhatralDate : 12/11/2019

For and on behalf of the BoardMINAXI TEXTILES LIMITED

Bharatbhai P. Patel(Managing Director) DIN : 00161825

ParticularsSr.No.

1 Total Income from Operations 168.7 878.88 1397.09 1047.58 2452.8 4447.322 "Net Profit / (Loss) for the -62.71 -49.51 11.14 -112.21 18.18 15.98

period (before“Tax,Exceptional and/orExtraordinary“items# ) "

3 "Net Profit / (Loss) for the -62.71 -49.51 11.14 -112.21 18.18 15.98period before tax“(afterExceptional and/orExtraordinary “items#)"

4 "Net Profit / (Loss) for the -39.76 -36.59 7.5 -76.34 11.09 16.13period after tax“(afterExceptional and/orExtraordinary“items#)"

5 "Total Comprehensive -39.52 -35.45 8.34 -74.96 12.44 20.68Income for the period“[Comprising Profit / (Loss)for the period“(after tax)and Other Comprehensive“Income (after tax)]"

6 Equity Share Capital 494.16 494.16 494.16 494.16 494.16 494.167 "Reserves (excluding 0.00 0.00 0.00 0.00 0.00 0.00

Revaluation Reserve)“as shown in the AuditedBalance Sheet of“theprevious year"

8 "Earnings Per Share -0.08 -0.07 0.02 -0.15 0.03 0.04(of Rs. 1/- each)(for“continuing anddiscontinued operations) -1. Basic: 2. Diluted:

HalfYear

ended30/09/2018

(Unaudited)

Yearended

31/03/2019

(Audited)

HalfYear ended30/09/2019

(Unaudited)

For theQuarterended

30/09/2018(Unaudited)

For theQuarterended

30/06/2019(Unaudited)

For theQuarterended

30/09/2019(Unaudited)

DisclaimerA d v e r s t i s e m e n tappeared in this NewsPaper have not beenverified factually and“WESTERNTIMES” doesnot stand responsible forthe sales proposition.

CHANGE OF NAMEI have changed my name

from RAVINDRAPRABHUDAS MODY to RAVI

PRABHUDAS MODI Add.: Ramdev Bunglow, Opp.Alkapuri Society, Gulbai Tekra,

Ambawadi, Ahmedabad.2594

CHANGE OF NAMEI have changed my minor

daughter name from YANAHARSHIT PATEL to YAANA

HARSHIT PATEL Add.: 2, Mahalaxmi Society,Nalsarovar Road, Sanand,

Ahmedabad-3821102571CHANGE OF NAME

I have changed my namefrom MEMON ALTAFHUSEN

ABDULKADARBHAI toMEMON ALTAFHUSAIN

ABDULKADARBHAI Add.: 13-B, Saritkunj Society,

B/h N.I.D., Paldi, Ahmedabad-380007

2595

CHANGE OF NAMEI have changed my name

from VALAND VIJAYKUMARJASHAVANTBHAI to

PAREKH VIJAYKUMARJASHAVANTBHAI

Add.: 3/416, RAMESHWARAPPARTMENT,CHANDKHEDA,AHMEDABAD

M059

New York,US stocks closed mixed

as investors digested thenews that Boeing hopes toresume deliveries of 737max jet soon while stillmonitoring closely the newdevelopment of China-UStrade talks. The Dow JonesIndustrial Average on Mon-day rose 10.25 points, or0.04 per cent, to 27,691.49.The S&P 500 decreased 6.07points, or 0.20 per cent, to3,087.01, Xinhua newsagency reported.

The Nasdaq CompositeIndex decreased 11.03points, or 0.13 per cent, to8,464.28. Boeing said onMonday that it hopes to re-sume deliveries of its 737Max jet next month aftercertification, when the Fed-

US stocks close mixed amidBoeing news, trade observation

eral Aviation Administration(FAA) issues an Airworthi-ness Directive rescindingthe grounding order.

Its shares rose 4.55 percent to close at $366.96apiece. A majority of the 30blue-chip stocks in the Dowtraded lower with shares of

3M and Goldman Sachsdown 1.76 per cent and 1.74per cent, respectively, thetop two laggards.

Eight of the 11 primaryS&P 500 sectors tradedlower with the Utilities sec-tor down 0.68 per cent, lead-ing the losers.

Microsoft to apply California’sdigital privacy law across US

San Francisco, Microsoft has an-

nounced to implementCalifornia’s digital privacylaw, that comes into effectfrom January 1, 2020,throughout the US.

In a blog post, the techgiant said the CaliforniaConsumer Privacy Act(CCPA) marks an importantstep towards providingpeople with more robust US.“It also shows that we canmake progress tostrengthen privacy protec-tions in this country at thestate level even when Con-gress can’t or won’t act,”Julie Brill, Microsoft’s chiefprivacy officer, said on Mon-day. The CCPA allows peopleto request that data be de-leted and gives them theopportunity to opt out ofhaving their informationsold to a third party. In 2018,Microsoft voluntarily ex-tended the core data pri-vacy rights included in the

European Union’s GeneralData Protection Regulation(GDPR) to customersaround the world, not just tothose in the EU who are cov-ered by the regulation.“Similarly, we will extendCCPA’s core rights for peopleto control their data to allour customers in the US,” itsaid. More than 25 millionpeople around the world, in-cluding over 10 millionpeople in the US, have usedMicrosoft’s privacy dash-board to understand andcontrol their personal data.Under CCPA, companiesmust be transparent aboutdata collection and use, andtion to prevent their per-sonal information from be-ing sold. “Microsoft will con-tinue to monitor thosechanges, and make the ad-justments needed to pro-vide effective transparencyand control under CCPA toall people in the US,”