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Announcements
Exchange :
Britannia Inds.

Britannia Industries has signed a joint venture agreement with Chipita S A, a Greek Company for purpose of developing, producing and selling ready to eat long life filled croissants and any other product as may be agreed between the parties through a joint venture company in India, namely, Britchip Foods.

Larsen & Toubro

The Buildings & Factories Business of L&T Construction has bagged a major design & build order worth ₹ 2903 crore to re-develop Mumbai's century-old BDD Chawls for Maharashtra Housing and Area Development Authority (MHADA). The prestigious contract is the largest residential project awarded to L&T Construction till date.

Mukand

The Board of Mukand at its meeting held on 27 March 2017 considered and approved, after recommendation of the Audit Committee of the Company, a scheme of arrangement and amalgamation amongst the Company, Whiteleaf Multiventures (Proposed Name: Whiteleaf Heavy Machinery) ('Whiteleaf') and Avista Diam & Gold (Proposed Name: Technosys Industrial Machinery) ('Avista') and their respective shareholders and creditors under the provisions of Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 ('Scheme') as detailed below:

1.1. Slump exchange of industrial machinery business of the Company ('Transferred Undertaking') to Whiteleaf on a going concern basis ('Slump Exchange');
1.2. Amalgamation of Whiteleaf (post Slump Exchange) with Avista in accordance with Section 2(1B) of the Income Tax Act, 1961 ('Amalgamation').

AksharChem (I)

AksharChem (India) announced that the Equity Shares of the Company are listed at National Stock Exchange of India (NSE) apart from BSE (BSE) and Ahmedabad Stock Exchange (ASE) with effect from 28 March 2017.

Marsons

Marsons has secured a large order of 30 power transformers worth USD 118.4 million from a leading EPC contractor for the IPDS and DDUGJY projects in Orissa.

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