SANOFI - NSE India

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4 th March 2020 The Secretary BSE Limited Department of Corporate Seices P. J. Towers, Dalal Street Mumbai 400 001 Publication of Notice to Shareholders Dear Sirs V SANOFI The Secretary The National Stock Exchange of India Limited Exchange Plaza, 5 th Floor Plot No. C/1, G Block Bandra-Kurla Complex, Sandra East, Mumbai 400 050 Please find enclosed copies of the Notice to shareholders of the Company published today, in newspapers, Business Standard and Sakal. Thanking you, Yours sin SANOFI I ED GIRISHI COMPANY SECRETARY Sanofl India Limited, Sanofi House, CTS No 117-B. L&T Business Park. Saki Vihar Road, Powa1, Mumbai 400 072 - India - Tel .. +91(22) 2603 2000 - Fax +91(22) 2603 2939 te ldent,ty Number l24239MH1956PLC0097^ Website sanofi1ndialtd.com Email: 19rc.s1l@sanofi com

Transcript of SANOFI - NSE India

Page 1: SANOFI - NSE India

4th March 2020

The Secretary BSE Limited Department of Corporate Services P. J. Towers, Dalal Street Mumbai 400 001

Publication of Notice to Shareholders

Dear Sirs

V SANOFI

The Secretary The National Stock Exchange of India Limited Exchange Plaza, 5th Floor Plot No. C/1, G Block Bandra-Kurla Complex, Sandra East, Mumbai 400 050

Please find enclosed copies of the Notice to shareholders of the Company published today, in newspapers, Business Standard and Sakal.

Thanking you,

Yours sin SANOFI I ED

GIRISH�I COMPANY SECRETARY

Sanofl India Limited, Sanofi House, CTS No 117-B. L&T Business Park. Saki Vihar Road, Powa1, Mumbai 400 072 - India - Tel .. +91(22) 2603 2000 - Fax +91(22) 2603 2939 Corporate ldent,ty Number l24239MH1956PLC009794 Website www sanofi1ndialtd.com Email: 19rc.s1l@sanofi com

Page 2: SANOFI - NSE India

US Fed cuts rate...“Spillovers to financial markets in Indiahave largely been contained.”

Growing hopes of coordinated policyaction to mitigate adverse effects on eco-nomic activity boosted market senti-ment today (Tuesday), it added.

The outbreak of coronavirus and itssubsequent spread to geographies acrossthe world have adversely affected thefinancial markets.

In the past few days, central banksaround the world have indicated the pos-sibility of global coordinated action.

This prompted a recovery in thedomestic as well global financial mar-kets. The rebound on Monday in thedomestic stock markets, which had shed7 per cent in the past six sessions,stopped after the health ministry report-ed two new coronavirus cases the sameday. Besides, an Italian tourist also test-ed positive for coronavirus in Jaipur,according to the Rajasthan government.

The BSE Sensex on Tuesday closed480 points higher, 1.26 per cent, than itsprevious close following global marketcues. Similarly, the Nifty50 index alsoclosed 170.55 points, or 1.53 per cent,higher.

While the broader market showedsome recovery, the rupee continued toweaken against the dollar. The rupeebreached the psychological threshold of73 to a dollar and closed at 73.29 onTuesday, a 0.77 per cent fall fromMonday’s close.

Referring to possible actions that thebanking regulator can take, a State Bankof India executive said liquidity in thesystem was adequate. However, there

could be room for sector-specific meas-ures like ensuring funding as part of anoverall support package by governmentand agencies.

And, the units and companies affect-ed by disruption may be given some dis-pensation (read relaxation) like forbear-ance in the treatment of loans.

Kristalina Georgieva, managingdirector of the International MonetaryFund (IMF), while addressing the Groupof 20 meeting of finance ministers andcentral bank governors in Riyadh lastmonth, had said all were hoping for a V-shaped, rapid recovery, but given theuncertainties, it would be prudent to pre-pare for more adverse scenarios.

The markets were eagerly awaitingthe G7 central bankers’ call. There wereexpectations of a rate cut. “The expecta-tion is that the rate cuts will be large.Anything less than 50 basis points will betaken negatively by the markets,” said asenior currency dealer.

A day after two fresh cases of coron-avirus were reported in India, the Unionhealth ministry on Tuesday issued atravel advisory suspending all regularvisas/e-visas granted on or before March3 to nationals of Italy, Iran, South Korea,and Japan who have not yet enteredIndia.

PM takes stock...Meanwhile, two private schools in Noidacancelled classes on Tuesday for the nextfew days as a precautionary measureafter the father of a student tested posi-tive for coronavirus, officials said.

One of the schools, where a student'sfather tested positive, said it wouldremain shut from March 4 to March 6.Earlier in the day, the school said it was

postponing internal examina-tions scheduled for Tuesday dueto some "unavoidable circum-stances".

The board exams are notaffected, the messages sent tothe parents made clear.

The second school said it wassuspending classes immediatelytill March 9 and sanitising itscampus. Fumigation was under-way at both schools.

Some family members of theDelhi-based man, who has test-ed positive for the coronavirus,have been shifted to SafdarjungHospital for tests after theyshowed symptoms of the virus,health ministry sources said.Some other relatives were askedto remain quarantined at theirhomes only, the sources added.

The Delhi government said itwas taking all possible steps todeal with coronavirus and wastrying to get in touch with thosewho could be infected or werein contact with the infectedman.

Addressing a press confer-ence, Delhi Health MinisterSatyendar Jain, flanked byDeputy Chief Minister ManishSisodia, said: "COVID-19 is a newinfection, but there is no needto panic.

We are taking all possible steps tokeep Delhi safe. Isolation wards beingreadied in 25 hospitals, including 19 gov-ernment and six private hospitals.”

DoT to issue... Tata Teleservices, on Tuesday, made anad hoc payment of Rs 2,000 croretowards AGR dues. It had earlier paid Rs2,197 crore, saying it was the full andfinal AGR dues payment from the com-pany, against the government estimateof around Rs 14,000 crore.

"This on account payment is subjectto reconciliation after the conclusion ofthe process of computation and verifi-cation being conducted by the DoT span-ning a period beginning from FY2007and spread across 20 circles," the com-pany said in a statement.

Bharti Airtel, on February 29, said ithad completed assessing the dues relat-ed to AGR. As per the company's self-assessment exercise, the dues amountto Rs 13,004 which it has already paid. Ithas paid an additional Rs 5,000 crore,which the company said could be adjust-ed against any reconciliation exercise.Government calculations suggest theSunil Bharti Mittal-led company owesRs 35,500 crore to the DoT. The assess-ment of dues was done for the periodbetween 2006-07 and February 2020.

Last week, DoT had operators tospeed up their self-assessment of AGRdues and submit documents backingtheir calculations, after Bharti Airtel Ltd,Tata Teleservices Ltd and Vodafone Ideamade partial payments.

The government is learnt to beexploring the possibility of roping inthird-party audit firms to reconcile duespayable by telecom operators.

Last October, the Supreme Court hadupheld the government’s definition ofAGR, based on which the levies on tele-com operators are calculated. The orderdealt a blow to the telecom industry,which had for years argued that AGRshould only include revenue from coretelecom operations. Telecom operatorsnow have to pay dues of the past 14 yearswith interest and fine.

In order to iron out the confusion overAGR dues calculations, the DoT hascome out with a set of guidelines for onetime re- verification to be carried out bythe Controller of CommunicationAccounts. The government has pointedout in a note that there’s an urgent needto streamline deduction verificationfrom 2006-7 to 2017-18.

New CPI series...As prices of non-food items rise at high-er rate than food items, the DA compo-nent of salaries of industrial workers andothers would see higher hike if new CPI-IW is taken into account than the exist-ing one.

After the committee’s approval lastweek, a national tripartite committee ledby Labour and Employment MinisterSantosh Kumar Gangwar will meet toapprove the new CPI-IW index. This willbe followed up by an approval from theUnion Cabinet.

MUMBAI | WEDNESDAY, 4 MARCH 2020 BRAND WORLD 13. <

VINAYUMARJIAHMEDABAD, 3 MARCH

How does a 20-year oldbrand that has beenassociated with one

product for the most part of itsexistence, convince consumersthat it is much more than that?By Adani Wilmar’s playbook, anew logo, a fresh look and sign-ing up one of Bollywood’s high-est paid actors as brand ambas-sador ought to do the trick for itsedible oils brand Fortune.

Since its launch way back in2000, Fortune has built itself aneat niche in the edible oils seg-ment, accumulating goodwilland recall in a market that isdominated by large multina-tionals at one end and unor-ganised and unbranded sellerson the other. “An internal surveyreport showed that 90 per centof our consumers still associat-ed Fortune brand with edibleoil, not other food staples. Thenew campaign is an attempt topush Fortune as a completefoods brand," says Angshu

Mallick, deputy chief executive officer, Adani Wilmar.

Akshay Kumar has beenroped in as the face of the brandand the television commercial(TVC) has him advising first-timers in the kitchen, mostlymillennial working profession-als, on how to keep cooking.With the tagline 'Ruko Mat'(don't stop), Kumar pushes hisprotégés to sample Fortune'swheat flour (atta), pulse flour(besan) and basmati rice and notlet their failures in the kitchenblow out their attempts to dishup a meal at home.

Conceptualised by OgilvyIndia, the campaign hopes toleverage Kumar’s popularitywith the young to create famil-iarity for the brand and its sta-ples portfolio. It is a smart nar-rative to use believes PiyushKumar Sinha, director at CRIAdvisory, a consulting firm thatspecialises in retail. Given thatmost household have youngprofessionals who call for foodto be delivered home, the story-

line will resonate with the targetaudience, he says.

The company has alsodesigned a new logo; theLondon-based brand designagency Blue Marlin wasassigned the task and theydecided upon a look thatdenotes change and yet retainsthe old association with thebrand. The alphabet ‘O’ in thename Fortune is now made tolook like a lotus bloom and thecolour and font has changed.

“The bloom denotes energy andwill be the driving force for all our marketingefforts for Fortune products,”says Mallick.

With a fresh look andrenewed energy into the brand,the company is hoping it canbring its learnings from edibleoil marketing into staples; oils,once a fragmented unbrandedmarketplace has changed itsflavour over the years and isnow one where 60 per cent iscornered by branded players. Incontrast, only 10 per cent of thetotal wheat flour market isbranded, followed by 2-3 per cent of sug-ar being branded and only twoper cent of total pulses marketbeing branded with hardly anynational player in the fray.

For Adani Wilmar, breakinginto these markets will meandipping into the vast distribu-tion network that the companyhas built for its oil brand.Mallick believes that they arethe best placed for such a foray,given that the home grownbrand has an understanding ofthe market and a wide-enoughpresence in the hinterland.

Sinha agrees that AdaniWilmar is well placed to exploitthe gains from its edible oils dis-tribution and brand recall forFortune, for the entire staples portfolio. A nationalcampaign with a famous facewill help push the brand intothe popular consciousness.However, the market for foodstaples is complex and built ona web of trusted relationships.Consumers choose on the basisof several factors and hencethere is no single formula foroperating in these businesses,in some cases there is a mix ofnational and global brands andin others it is a pure unbrandedplay. With Fortune, AdaniWilmar will have to navigate itsway carefully and localise itsmarketing and promotionaccording to the product beingsold and the region being tar-geted. Becoming a pure nation-al brand in staples is tricky,according to Sinha. But he says,"Fortune could go on to achievethe goal of becoming a panIndian brand for staples if it getsthree things right; pricing, avail-ability and trust.”

Fortune stirs in abrand refreshWith a new campaign and Akshay Kumar as endorserAdani Wilmar pitches an extended staples portfolio,seeks familiarity for the brand beyond edible oils

The actor introduces the entire range of products under the brand, urging youngprofessionals to step into the kitchen without fear of failure

A different colour palette,new fonts and a lotusbloom in place of thealphabet ‘O’ marks thechanged logo

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POSSESSION NOTICE

Karwanchiwadi Branch : Karwanchiwadi, Ratnagiri-415639. Phone : 02352 - 231484

Email : [email protected](A Government of India Undertaking)

Relationship beyond banking

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 01.11.2019 calling upon the borrower Mr. Siddharth Iranna Natekar to repay Rs.13,02,902/- (Rupees Thirteen Lakh Two Thousand Nine Hundred Two 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. Siddharth Iranna Natekar 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 29th day of February 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. 13,02,902/- and further interest thereon from 01.11.2019.

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. G-104, at stilt upper Ground Floor in 'A' Wing of “Sharayu Enclave” measuring 432.22 sq. ft. built up area on land bearing Survey No. 57A1A, HIssa No. 30/7 situated at Karwanchiwadi (Within Grampanchayat Limits), Tal. & Dist. Ratnagiri, owned by Mr. Siddharth Iranna Natekar.Date : 29.02.2020Place : Karwanchiwadi, Ratnagiri

(For immovable property)APPENDIX - IV [(See Rule-8(1)]

POSSESSION NOTICE

Karwanchiwadi Branch : Karwanchiwadi, Ratnagiri-415639. Phone : 02352 - 231484

Email : [email protected](A Government of India Undertaking)

Relationship beyond banking

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 Mrs. Sunita Gopal Khetri to repay Rs. 14,50,379.38 (Rupees Fourteen Lakh Fifty Thousand Three Hundred Seventy Nine and Thirty Eight 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 Mrs. Sunita Gopal Khetri 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 29th day of February 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. 14,50,379.38and 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. G-102, Ground Floor in 'B' Wing of “Sharayu Enclave” measuring 654 sq. ft. built up area on land bearing Survey No. 57A1A, HIssa No. 30/7 situated at Karwanchiwadi (Within Grampanchayat Limits), Tal. & Dist. Ratnagiri, owned by Mrs. Sunita Gopal Khetri.Date : 29.02.2020Place : Karwanchiwadi, Ratnagiri

(For immovable property)APPENDIX - IV [(See Rule-8(1)]

Page 3: SANOFI - NSE India

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epaper.esakal.com/FlashClient/Show_Story_IPad.aspx?storySrc=aHR0cDovLzEyNC4zMC4yMTkuODYvRXBhcGVyRGF0YS9TYWthbC9NdW1iYWkvMjAyMC8wMy8wNC9NYWluL1Nha2FsX011bWJhaV8yMDIwXzAzXzA0X01haW5fREFfMDA0X1BSLmpwZyZwZz00&uname=&ipad=N 1/1