MUMBAI | THURSDAY, 11 JUNE 2020 BRAND WORLD 13 . <

Container Corporation of India Ltd. (A GOVT. of India Undertaking, Ministry of Railways) TENDER NOTICE EXPRESSION OF INTEREST FOR EMPANELMENT OF ADVERTISING AGENCIES IN Brands step up to the CONCOR WESTERN REGION Cost of Tender Estimated value Sale Date and Date and Tender Ref. no Document by Pay Period Time for Time for Order/DD Submission Opening Rs. 12 Lakhs CON/WR/ADMIN/ Rs.1,120/- 11/06/20 to 02/07/20 02/07/20 ADVT/15/2020 approx. per year 01/07/20 up to 15:00 at digital storefront Hrs. 15:30 Hrs. Tender form can also be downloaded from our website www.concorindia.co.in or for more details Pepsi, Coke, Britannia, Kwality Walls and a host of other brands line up for please contact: O/o The Chief General Manager, CONCOR Mumbai Regional Office, 5TH Floor, New Administrative Building, C.Rly, D.N.Road, Fort, Mumbai-400001. Tel # 22622053/22622054. e-stores on delivery apps, rethink visual identities, and the retail experience

ADOR MULTI PRODUCTS LIMITED Regd. Off : Ador House, 5th Floor, 6 K Dubash Marg, Fort, Mumbai – 400 001 Te.: (91) 22 66239300 Email: [email protected] Web site: www.adormultiproducts.com CIN: L85110MH1948PLC310253 (From left) Kwality Walls prominently uses its logo and colours to advertise its e-store, while Hershey’s and Coca-Cola promote CORRIGENDUM TO THE POSTAL BALLOT NOTICE their product portfolio and Britannia has turned its popular jingle into a mnemonic for the brand This has reference to the Notice of Postal Ballot dated 16th May, 2020, GIREESH BABU& they did in the past, be it in their gage from the brand. In that that the e-store is something issued by the Company for the purpose of seeking member's approval by T E NARASIMHAN alliances with the e-commerce context, the direct-to-customer that has become a sudden way of Special Resolution for “Issue of Equity Shares on Preferential Basis”. Chennai, 10 June giants or local supermarkets. (D2C) channel is more than a necessity from being a mere dig- The corrigendum is being issued to inform the shareholders / beneficial “From the brand’s purview, transactional interface. It is a ital fad for the big brands. As a owners of the Company regarding following changes On page 12 in the explanatory statement of the Postal Ballot Notice sent to the members, aunch a delivery app, any one of the key features is that way to renew the familiarity and result, he added, the big gainers under Point 14 the words “The company and” shall be added thus the of the several that have the marketers can get a direct recall that many brands have have been Dunzo that was the statement in Point 14 will be read as follows: L rapidly mushroomed access to the customer behav- built with their customers. first to leverage the opportunity “The company and none of the promoters or directors of the company over the past month, and a iour, such as a pattern in the According to EY’s latest and also Zomato and Swiggy. are wilful defaulter, hence the said disclosure required under Schedule colourful bunch of familiar consumption timing and so on. report ‘COVID-19 and emer- “This has caused action and VI of SEBI (ICDR) Regulations, 2018 are not applicable.” logos pop up. Jostling for space These patterns are often impor- gence of a new consumer prod- traction for each of their busi- The aforesaid change does not have any impact on the business proposed on the screen are tiny visual tant for brands to analyse and ucts landscape in India’, 60 per ness models,” he said. Dunzo, to be transacted through Postal Ballot. identifiers that Coca-Cola India, further use as reference points cent of Indian consumers which started out as an ‘item’ This corrigendum should be read along with the Postal Ballot Notice sent to PepsiCo India, Britannia, HUL, while strategising their market- believe the way they shop delivery app, reports that the the members on their registered e-mail id's. P&G and a slew of big brands ing strategies,” said Dilen would change. In the early average order value has Voting through Postal Ballot commences from Friday, 22nd May, 2020 at have used to mark their desig- Gandhi, senior director and cat- stages of the pandemic, con- increased 4x on the app. It is 9:00 a.m. and ends on 21st June, 2020 at 5:00 p.m. (IST) nated e-stores. Shut out of the egory head–Foods, PepsiCo sumers were worried about the focused on the eight metro cities familiar supply chain networks, India that has tied up with deliv- health of their families and at present, but brands want a By orders of the Board of Directors of big brands are relying increas- ery app Dunzo for an e-store. meeting their basic needs. pan-India presence and this Ador Multi Products Limited ingly on small start-ups to find E-stores are not a short term These common concerns are makes the food delivery apps Sd/- their way back into game. But as phenomenon, say experts, even manifesting themselves in dif- an attractive proposition. Place : Mumbai Deep Lalvani they do that, their virtual store- if they have emerged as a solu- ferent ways, the report said. According to a spokesper- Date : 10.06.2020 Director fronts are creating a new design tion for an immediate problem. Gandhi said that PepsiCo India son for Swiggy, the company language and by using a combi- Hence brands would need to is taking a long term view on has worked towards building a nation of factors—logo, place- invest into the channel, much the brand e-store, but volumes sustainable ecosystem for all its ment and delivery process— like they did when building a of orders generating via direct- partners. The lockdown led to a defining an all new distribution and promotion to-customer (D2C) platforms significant increase in con- direct-to-customer experience. platform with small stores and will be put in consideration sumer interest to order groceries Brands have flocked to apps big supermarkets. It is a way to and evaluated. PepsiCo is not through the app and this led to such as Dunzo, Swiggy, Zomato connect and adapt with the new the only brand to recalibrate a partnership with brands such among others to set up their marketplace. its presence in the market- as HUL, P&G, ITC, Godrej, stores, packaging their fare Brands must beat their own place, Britannia has one for its Dabur, Marico and others. around the needs of the plat- path to the customers’ doorstep, cookies, Amul has done the “While almost 75 per cent of all form and customers. In the for the pandemic has made it same with its value-added grocery orders on the platform process, the big brands are clear that it is not enough to dairy products and HUL and are from the top 15 cities, Swiggy learning much more about the have a strong distribution net- P&G have set up a similar net- noticed a higher AOV (average people they serve as they have work, or prime space in super- work. order value) of 7-10 per cent greater control over display, markets. Without accessibility, Harish Bijoor, founder, from the smaller cities,” the design and customer data than the customer is likely to disen- Harish Bijoor Consults Inc, said spokesperson said.

> economy's long-term outperformance on its traded bonds, leading to a sharp rise FROM PAGE 1 highlights its resilience. India's wide range in borrowing cost. JLR bonds are currently of structural trends, including healthy trading at a yield of around 10.54 per cent — S&P affirms... demographics and competitive unit labor among the highest in the automotive indus- Before the recent rating action by Moody's, costs, work in its favour, it said. try. Analysts say such a high yields will the agency’s rating on India was a notch A more favourable corporate tax regime, make it tough for the firm to raise funds above S&P and Fitch's. Now, all the three which is particularly supportive of manu- through the bond market in the current major rating agencies have the lowest facturing firms, should reinforce growth, environment. The international brokerage investment grade rating on India. But the alongside additional fiscal and monetary CLSA, expects Tata Motors’ passenger car outlook by Moody's is negative, whereas it easing, S&P said. Some state governments, business, including JLR, to have a negative is stable by the other two agencies. including those in Uttar Pradesh, Madhya free cash flow of around ~40,000 crore in Market experts had mixed views on the Pradesh, and Gujarat, have also begun to FY20 and FY21. rating action. "The markets did not move roll back restrictive labour market rules, it Hence, it might require equity support when Moody's downgraded. The reitera- pointed out. These efforts are likely in coor- from the parent. In the past, Tata Sons has tion of rating was expected by everyone. dination with direction from the central been proactive in providing equity funding The markets won't move this time too," said government, which has publicly exhorted through rights issue. In May 2019, it Jayesh Mehta, head of treasury at Bank of states to adopt such measures. Should these pumped around ~3,000 crore into Tata America. Harihar Krishnamurthy, head of measures become more permanent in Motors through warrants conversion. treasury at First Rand Bank, said the mar- nature, with broadening participation from The company’s financial services busi- kets would interpret the event as "normal". other states, this could lead to a meaningful ness will also need fund infusion in the cur- U R Bhat, director, Dalton Capital India, improvement in labour market conditions rent fiscal after it received ~3,500 crore said, "S&P has maintained its rating on India. over time, the rating agency said. investment in FY20. The company had cash This shows the agency's confidence in the "We expect these reforms to support and cash equivalents of ~3,700 crore as of government measures to tackle the eco- economic growth over the long-run. March 2019, according to its annual report. nomic impact of Covid-19. Unlike other Nevertheless, lower revenues resulting from The company’s net debt increased to countries, we have not ratcheted up fiscal the corporate tax cuts, and much weaker ~30,488 crore as on July 31, 2019, because of debt. The impact on the markets will be economic activity this year, will continue to increased investments of ~27,870 crore as on minimal.” Technically, S&P placed India at undermine the government's fiscal posi- March 31, 2019. BBB-. "While risks to India's long-term tion," it cautioned. growth rate are rising, ongoing economic reforms, if executed well, should keep the (With inputs from Anup Roy, Abhijit Lele and Covid recoveries... CIN No. U67190MH1982PLC140380 country's growth rate ahead of peers,” it said. Samie Modak) Anand Rathi Global Finance Limited However, it said prior to the onset of the “We need to monitor these numbers. These Registered Office : Express Zone, A Wing, 10th Floor, Western Express Highway, Goregaon (East), Mumbai - 400063. Maharashtra. Tel. : +91 22 6281 7002 pandemic, India's GDP growth rate had may be transient. With lockdown easing Corporate Office : Express Zone, A Wing, 8th Floor, Western Express Highway, Goregaon (East), Mumbai 400063. Maharashtra. Tel. : +91 22 6281 7003. Website : www.rathi.com already slowed measurably. “Existing vul- Apollo Global... and internal travel picking up, the number nerabilities, including a weak financial sec- (of active cases) could go up,” cautioned POSSESSION NOTICE (For Immovable Property) tor, rigid labour markets, and consistently AION was also in the race to buy part of the Sreekumar. India had added 9,985 cases in Whereas, the undersigned being the Authorized Officer of the Anand Rathi Global Finance Limited, under the Securitisation And Reconstruction ofFinancial weak private investment could hamper assets in crisis-ridden DHFL, but the deal a single day, according to the health min- Assets and Enforcement of Security Interest Act,2002 (Act 54 of 2002) and in exercise of powers conferred under section 13(12) read with rule 3 of the India's recovery if they are not actively got stuck. Sources in the know said Apollo istry data released on Wednesday morn- Security Interest (Enforcement) Rules, 2002 issued Demand Notice dated 25th October, 2019 under Section 13 sub-section 2 of the Securitisation And addressed," the agency said. was in the process of raising its India fund ing. The increase in the daily number of Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 calling upon the Borrower viz. Better Builders and Infrastructure Nevertheless, India's economy is likely 2 of over $ 1 billion. It is not clear whether cases has hovered close to 10,000 for over a Private Limited and Guarantors (1) Mr. Shyam Bali, (2) Mrs. Kumud Devraj Bali, (3) Mr. Sanjiv Bakshi and (4) Mr. Umesh Vyas to repay the amount mentioned in the Demand Notice dated 25th October 2019 being Rs.32,65,83,957/- (RupeesThirty Two Crores Sixty Five Lakhs Eighty Three Thousand to achieve a strong recovery following the that will be pursued at all. week, even as the total Covid count contin- Nine Hundred Fifty SevenOnly) as on 24th October, 2019 within 60 days from the date of the said notice. deep contraction in this fiscal year. The The decision of Apollo to part ways was ued its upward trajectory. In terms of per- The details are as follows: pretty sudden, sources said. centage increase, there has been a slight Sr. Loan Account Name of the Names of the Guarantor Description of Amount Date of Date of Apollo Global Management, the decline in per day rise in the number of No. Number of the Borrower the Secured Demanded Demand Possession > BS SUDOKU # 3074 parent company which is listed in cases, from more than 4 per cent in the Borrower Asset Notice the US, reported a loss of $ 2.3 bil- beginning of June to around 3.7 per cent on 1. ARGFL/ Better (1) Mr. Shyam Bali - Having residential addressed- As given in the Rs. 25-10-2019 08-06-2020 lion in May 2020. Those in the June 10. In Maharashtra, however, the new CF/030 Builders and AA 38, Yashodham Enclave, Off. Film City Road, “Description of 32,65,83,957/- Infrastructure Goregaon (East), Mumbai – 400063. the Immovable private equity business said the cases added by Wednesday were 2,259 — Private Limited. Property” below. parting of ways could well be a the lowest in nearly two weeks, slowing (2) Mrs. KumudDevraj Bali - Having residential having registered address AA38, Yashodham Enclave, Off. Film City clear sign of Apollo’s reduced their doubling rate to around 20 days. The at 5/5 Road, Goregaon (East), Mumbai – 400063. interest in the country. state with the maximum number of cases at Mathuradas Colony, St. (3) Mr. Sanjiv Bakshi - Having residential address 90,787 has seen recovery of 42,638 so far. Anthony Street, 702, Rajnigandha, CHSL, Gen. A.K. Vaidya Marg, With inputs from Bloomberg Delhi accounts for more than 11,000 recov- Kalina, Gokuldham, Goregaon (East) Mumbai -400063. ered cases (of its total tally of 31,309). Santacruz (East) (4) Mr. Umesh Vyas - Having residential address at Mumbai 400098 3101, Electra, Planet Godrej, 30, KeshavraoKhadye Madhya Pradesh, Rajasthan, Uttar Marg, Jacob Circle, Mumbai – 400011 Tata Sons... Pradesh, and Telangana are among states where the number of active cases is less than The Borrower having failed to repay the amount due despite the receipt of the said statutory Demand Notice, notice is hereby given to the Borrower and Guarantor mentioned hereinabove in particular and public in general that the undersigned has taken possession of the properties / Secured Asset (as defined under Part B of The holding firm will have to the recovered ones. “While this is good news, Shedule I of the Demand Notice dated 25th October, 2019) and also described in description of Immovable Properties herein below in exercise of powers conferred upon make additional equity invest- we need to observe the numbers for the next him/her under sub-section (4) of section 13 of the Securitisation And Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 read with rule 8 th ments in its two airlines, AirAsia three days. One swallow does not a sum- of the Security Interest (Enforcement) Rules, 2002 on this the 08 day ofJune of the year 2020. The Borrower and Guarantors in particular and the public in general is hereby cautioned not to deal with the properties/ the Secured Asset and any dealings with the India and Vistara, which are fac- mer make,” said Alok Roy, chair-Ficci Health Properties / secured assets will be subject to the charge of Anand Rathi Global Finance Limited for an amount of Rs.32,65,83,957/- (RupeesThirty Two Crores Sixty Five ing tough times because of Covid- Services Committee and chairman, Medica Lakhs Eighty Three Thousand Nine Hundred Fifty SevenOnly) as on 24th October, 2019 and further interest and other charges thereon with effect from 25th October, 19 and the resultant lockdowns. Group of Hospitals. In the past one day, 5,892 2019 onwards.The Borrower’s attention is invited to the provisions of sub-section (8) of Section 13 of the Act inrespect of the time available to redeem the secured assets. The group’s housing and infra- were cured or discharged, while 3,819 new DESCRIPTION OF THE IMMOVABLE PROPERTIES structure arms would also require active cases were added. As the recoveries SOLUTION TO #3073 1. Flat No.38/B admeasuring 861 square feet built up area on the ground floor of the building known as ‘Yashodham Hill Top Residents Co-operative HousingSociety Easy: about ~25,000 crore from the par- rose, so did the total fatalities, taking the Limited’ situated at Yashodham Enclave, Goregaon (E), Mumbai 400063 on the land bearing CTS No.98 of Village Dindoshi in the Registration District & Sub  ent, said bankers. A questionnaire total death count to 7,745. “The government District of Mumbai Suburban; Solution sent to Tata Sons did not elicit needs to focus on preventing deaths. If the 2. Flat No.38/B-1 admeasuring 861 square feet built up area on 1st floor of the building known as ‘Yashodham Hill Top Residents Co-operative Housing Society Limited’ situated at Yashodham Enclave, Goregaon (E), Mumbai 400063 on the land bearing CTS No.98 of Village Dindoshi in the Registration District & Sub tomorrow any immediate response. fatality is 5 per cent, then 95 per cent should District of Mumbai Suburban; The holding company is recover. This distinction between active and 3. Flat No.38/A-1 admeasuring 861 square feet built up area on ground floor of the building known as ‘Yashodham Hill Top Residents Co-operative HousingSociety HOW TO PLAY expected to make additional recovered cases is baffling,” said Jacob John, Limited’ situated at Yashodham Enclave, Goregaon (E), Mumbai 400063 on the land bearing CTS No.98 of Village Dindoshi in the Registration District & Sub Fill in the grid so equity investments in Tata virologist and former chairman of Indian District of Mumbai Suburban; and Motors, which is facing financial Council of Medical Research. 4. Flat No.38/A-2 admeasuring 861 square feet built up area on 1st floor of the Building known as ‘Yashodham Hill Top Residents Co-operative Housing Society that every row, Limited’ situated at Yashodham Enclave, Goregaon (E), Mumbai 400063 on the land bearing CTS No.98 of Village Dindoshi in the Registration District & Sub every column headwinds both in its domestic India’s fatality rate is around 2.8 per cent, District of Mumbai Suburban. and global businesses because of which would indicate a much higher recov- and every 3x3 Sd/- box contains lockdowns. Its British subsidiary, ery rate. Currently, nearly 49 per cent of total Date : 08th June, 2020 Authorized Officer the digits 1 to 9 Jaguar Land Rover (JLR), is in a patients have been cured and over 48 per Place : Mumbai Anand Rathi Global Finance Limited spot because of a spike in yields cent are among those in the active category.