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Your are on :   Markets   |  Corporate Action   |  BSE Announcements As on : 05-Dec-2022
ACC
ACC and Ambuja Cements, the cement and building material companies of Adani Cement and part of the Adani Group won the Platinum Award at the prestigious 12th International Conference & IPLA Global Forum 2022 on Sustainable Waste Management & Circular Economy held at Sri Venkateswara University, Tirupati, Andhra Pradesh.

The Companies were recognized for their pre-processing and co-processing facilities at Ambujanagar and Wadi cement plants. Wadi ranked Platinum in 2 out of the 8 categories and Ambujanagar ranked Platinum in 4 out of 8 categories. The Companies offer sustainable waste management solutions to the agricultural, industrial, public, and municipal sectors. Through co-processing the waste from these sectors, the companies are contributing to a cleaner environment and conserving natural resources through replacement of traditional fuels with alternate fuels & raw materials (AFR). Co-processing ensures recovery of energy and recycling of materials from waste, leaving zero residue.

Carborundum Uni.
Carborundum Universal has allotted 21,761 equity shares of Re.1/- each arising out of the exercise of stock options, granted to the option grantees of the Company under the Company's ESOP Plan 2016 on 4 December 2022.

With this allotment, the paid up equity share capital has increased to Rs 18,99,03,613.

Larsen & Toubro
The Buildings & Factories Business of L&T Construction has secured an order from the National High-Speed Rail Corporation (NHSRCL) to construct the Sabarmati Depot (MAHSR – D-2) in the state of Gujarat for the Mumbai – Ahmedabad High Speed Rail (MAHSR) project through a consortium led by Sojitz Corporation, Japan. As per the company's project classification, it is a large project valued in range of Rs 2500 crore to Rs 5000 crore.

The scope of the MAHSR -D-2 package project involves Design, Supply, Construction & Testing, and Commissioning of the depot spread over approximately 82 hectares including various specialised equipment required to inspect & maintain the rolling stock based on the proven Shinkansen technology and upon completion, will be the biggest depot in India for this purpose.

L&T is already executing civil viaduct and station packages C4, C5 & C6, special steel bridges packages P4(X) & P4(Y) and Ballastless Trackworks (Package No: T3) for the Mumbai-Ahmedabad High Speed Rail (MAHSR) project.

Chola Financial
Cholamandalam Financial Holdings has allotted 7110 equity shares of Re.1/- each to the option grantee who has exercised his vested options.
Venlon Enterpris
Venlon Enterprises will hold a meeting of the Board of Directors of the Company on 10 December 2022.
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