Mahindra Logistics Limited – IPO to open on Tuesday, October 31, 2017, and to close on Thursday, November 2, 2017 with Price Band : Rs. 425 per Equity Share to Rs. 429 per Equity Share

(L-R) – Mr. S Ramesh, Kotak Mahindra Capital Company Limited, Mr. Nikhil Nayak, Chief Financial Officer, Mahindra Logistics Limited, Mr. Zhooben Bhiwandiwala, Chairman, Mahindra Logistics Limited, Mr. Pirojshaw Sarkari, CEO, Mahindra Logistics Limited and Mr. Parag Shah, Director, Mahindra Logistics Limited and Mr. Chirag Negandhi, Axis Capital Limited at a press conference held today in Mumbai to announce the forthcoming IPO of Mahindra Logistics Limited. The issue opens for subscription on Tuesday 31st October 2017 and closes on Thursday 2nd November 2017. Price band of the issue is Rs 425 per equity share to Rs 429 per equity share.- Photo By Sachin Murdeshwar TGN

Mumbai, October 24, 2017 (TGN) : Mahindra Logistics Limited (the “Company“) proposes to open on Tuesday, October 31, 2017, an initial public offering of up to 19,332,346  Equity Shares of face value of Rs. 10 each (the “Equity Shares”) of the Company for cash within a Price Band of Rs. 425 per Equity Share to Rs. 429 per Equity Share through an Offer for Sale of (I) up to 9,666,173 Equity Shares by Mahindra & Mahindra Limited (the Promoter); (II) up to 9,271,180 Equity Shares by Normandy Holdings Limited; and (III) up to 394,993 Equity Shares by Kedaara Capital Alternative Investment Fund – Kedaara Capital AIF 1, (the “Offer for Sale” or the “Offer” and such Shareholders offering their respective Equity Shares in the Offer for Sale are collectively hereinafter referred to as the “Selling Shareholders” and individually as a “Selling Shareholder”). The Offer includes a reservation of up to 125,000 Equity Shares for subscription by Eligible Employees (as defined in the RHP) (the “Employee Reservation Portion”). The Offer less the Employee Reservation Portion is hereinafter referred to as the “Net Offer” and such Net Offer aggregates up to 19,207,346 Equity Shares. The Offer and the Net Offer shall constitute 27.17% and 27.00%, respectively, of the post-Offer paid-up Equity Share capital of the Company. The Offer includes a discount of Rs. 42 per equity share on the Offer Price to Eligible Employees (the “Employee Discount”).

Bids can be made for a minimum of 34 Equity Shares and in multiples of 34 Equity Shares thereafter. The Company and the Selling Shareholders, in consultation with the BRLMs, may consider participation by Anchor Investors, in accordance with the SEBI ICDR Regulations. The Anchor Investor Bidding Date shall be one Working Day prior to the Bid/Offer Opening Date; i.e., October 30, 2017. The Offer will close on Thursday, November 2, 2017.

The BRLMs to the Offer are Kotak Mahindra Capital Company Limited and Axis Capital Limited.

The Equity Shares proposed to be issued through the RHP are proposed to be listed on BSE and NSE.

The Offer is being made through the Book Building Process and in compliance with Regulation 26(1) of the SEBI ICDR Regulations, wherein not more than 50% of the Net Offer shall be available for allocation on a proportionate basis to Qualified Institutional Buyers (“QIBs”) (the “QIB Category”), provided that the Company and the Selling Shareholders, in consultation with the BRLMs, may allocate up to 60% of the QIB Category to Anchor Investors, on a discretionary basis (the “Anchor Investor Portion”), of which one-third shall be reserved for domestic Mutual Funds, subject to valid Bids being received from domestic Mutual Funds at or above the price at which allocation is made to Anchor Investors. Further, 5% of the QIB Category (excluding the Anchor Investor Portion) shall be available for allocation on a proportionate basis to Mutual Funds only. The remainder of the QIB Category shall be available for allocation on a proportionate basis to QIBs, subject to valid Bids being received from them at or above the Offer Price. Further, not less than 15% of the Net Offer will be available for allocation on a proportionate basis to Non-Institutional Investors and not less than 35% of the Net Offer will be available for allocation to Retail Individual Investors, in accordance with the SEBI ICDR Regulations, subject to valid Bids being received at or above the Offer Price. All Bidders (except Anchor Investors) shall mandatorily participate in this Offer only through the Application Supported by Blocked Amount (“ASBA”) process, and shall provide details of their respective bank account in which the Bid amount will be blocked by the SCSBs. Anchor Investors are not permitted to participate in the Anchor Investor Portion through the ASBA process. For details, see “Offer Procedure” on page 318 of the RHP.ENDS

The RHP is available on the website of the SEBI at www.sebi.gov.in as well as on the websites of the book running lead managers, Kotak Mahindra Capital Company Limited and Axis Capital Limited, respectively.

SRCC Children’s Hospital undertakes mega awareness campaign on Rett Syndrome~A neuro disorderobserved only in girls

In Center Commissioner of Police Mumbai, Shri Dattatray Padsalgikar, was the Chief Guest at the Rett Syndrome Awareness Seminar, arranged at the Narayana Health SRCC Children’s Hospital on 15 Oct’2017 . Along with Shri Padsalgikar is Smt Anita Garware and Dr Anaita Hegde, Consultant Pediatric Nurology, NHSRCC Children’s Hosiptal, were also present in the inaugural ceremony of the seminar. Over 30 children suffering from Rett Syndrome,150 parents and specialist doctors participated in this awareness seminar. Doctors and parents had a interactive discussion on the medical care and well-being of children affected by Rett Syndrome. The 10th National Rett Syndrome Awarness Symposium was organized by Narayana Health SRCC Children’s Hospital in association with Indian Rett Syndrome Foundation.-By Sachin Murdeshwar / TGN

Mumbai, October 16, 2017 (TGN) : SRCC Children’s Hospital along with Indian Rett Syndrome Awareness Foundation and Parents Support Group of Delhi, for the first time in Mumbai, conducted a mega awareness seminar among parents on Rett Syndrome (primarily a neuro development disorder found prominently among girl children). Over 30 children suffering from Rett Syndrome and over 150 parents pan India attended the interactive panel discussion with Doctors and Experts, many of them coming from Delhi.

Commissioner of Police, Mumbai, Shri Dattatray Padsalgikar was the Chief Guest for this event. Specialists doctors (Brig.) Dr K. S. Rana (Delhi), Dr Anaita Hegde, Dr Shiraz Vazifdar, Dr Mala Jagtiani, Mrs Roshan Kore, spoke on various topics related to Rett Syndrome.

Dr Sonu Udani, Director Pediatric Care, SRCC Children’s Hospital, managed by Narayana Health, said, “Parents knowledge and support to these children are essential, they need to understand that such children (mostly girls) suffer from physical growth, hearing and vision problems, balancing problem, seizure’s etc and take necessary steps to manage them. Over a year, the child shows autism symptoms and this disorder generally develops after the child is 2 years of age and in few cases, symptoms are observed even after the child is 1 year old. Around 1 in 10000 girls suffer from this syndrome.”

SRCC Children’s Hospital managed by Narayana Health at Haji Ali Park, offers an exclusive super-specialty consultation with a holistic approach and in a child friendly manner. SRCC Children’s Hospital brings together this expertise under one umbrella to provide much needed care in a state-of-the-art facility.

The hospital is a state of the art multispecialty tertiary care hospital dedicated to treating infants, children and young adults. This facility provides cutting-edge super specialists medical care in over 20 specialities.

Some of the key takeaways from the Seminar:

·         Rett syndrome (RS), one of the commonest causes of profound cognitive impairment in girls and women, was first recognized in the 1960s and the first report from India was in 1994. Though RS has a prevalence of 1 per 10000 to 1 per 22000 in India it is confined to very few case reports. This may be related to under diagnoses of the condition or misdiagnosis of these children as cerebral palsy or autism.

·         There is not medical cure available today on this disorder and medical trials are in process at various medical institutions and research centres in India, USA and Europe

·         Over 30 Rett Syndrome disorder children and 150 parents from Pan India attended the awareness seminar

·         Parents Support Group (Delhi) was representing the parents of the children suffering from Rett Syndrome

·         Parents express the challenges to deal with such children and the efforts they have been taking to give best possible medical aid to their children

·         Mostly girls are found with Rett Syndrome disorder and every 1 girl on 10,000 across the world is found with this disorder

·         Some Common signs and symptoms of Rett syndrome:

o   Slowed growth. Brain growth slows after birth. Smaller than normal head size is usually the first sign that a child has Rett syndrome. It generally starts to become apparent after 6 months of age. As children get older, delayed growth in other parts of the body becomes evident.

o    Loss of normal movement and coordination. The most significant loss of movement skills (motor skills) usually starts between 12 and 18 months of age. The first signs often include a decrease of hand control and a decreasing ability to crawl or walk normally. At first, this loss of abilities occurs rapidly and then continues more gradually.

o   Loss of communication and thinking abilities. Children with Rett syndrome typically begin to lose the ability to speak and to communicate in other ways. They may become uninterested in other people, toys and their surroundings. Some children have rapid changes, such as a sudden loss of speech. Over time, most children gradually regain eye contact and develop nonverbal communication skills.

o    Abnormal hand movements. As the disease progresses, children with Rett syndrome typically develop their own particular hand patterns, which may include hand wringing, squeezing, clapping, tapping or rubbing.

o    Unusual eye movements. Children with Rett syndrome tend to have unusual eye movements, such as intense staring, blinking or closing one eye at a time.

o   Breathing problems. These include breath-holding (apnea), abnormally rapid breathing (hyperventilation), and forceful exhalation of air or saliva. These problems tend to occur during waking hours, but not during sleep.

o   Irritability. Children with Rett syndrome become increasingly agitated and irritable as they get older. Periods of crying or screaming may begin suddenly and last for hours.

o   Abnormal behaviors. These may include sudden, odd facial expressions and long bouts of laughter, screaming that occurs for no apparent reason, hand licking, and grasping of hair or clothing.

o   Seizures. Most people who have Rett syndrome experience seizures at some time during their lives. Symptoms vary from person to person, and they can range from periodic muscle spasms to full-blown epilepsy.

o   Abnormal curvature of the spine (scoliosis). Scoliosis is common with Rett syndrome. It typically begins between 8 and 11 years of age.

o   Irregular heartbeat (dysrhythmia). This is a life-threatening problem for many children and adults with Rett syndrome.

o   Constipation. This is a common problem in people with Rett syndrome.

·         This syndrome is observed due to any faulty DNA combination at the time of a child’s development before its birth

·         Frequent urination, breathlessness, breathing related attacks, fits, anxiety and mood swings, sweating or body becoming cold are some of the common autonomic disturbances observed in such children.

·         There could be development delays observed in such children like balancing, walk, speech, sight etc

·         It has been observed through experience of doctors and specialists that Music Therapy, Physio Therapy or Parents involvement in any games/ play can help such children to curb their anxiety and calms their mood

·         Parents positive attitude and patience towards treatment of these children

·         Injectable or oral medicines can be given to menstrual issues of the girl child. Over the period with proper consultation of Gynaecologist and with a thorough understanding and consent of parents, a hysterectomy surgery can be done. 

SRCC Children’s Hospital, managed by Narayana Health, is a multi-speciality hospital exclusively for children. Of the 207 beds currently operational, 87 have been allocated for Multispecialty Critical Care covering new-borns to adolescents.

It has taken critical care to a higher level with the concept of Level IV care where a qualified team of Paediatric Intensivists will be able to provide Emergency Life Support (ELS) for children with failure of their vital organs including heart, lungs and kidneys. Also available are a team of specialists in Cardiac sciences, Neurosciences, Hematology- Oncology, infectious diseases, Endocrinology, Orthopaedics, ENT, Gastroenterology, diagnostics services and nephrology amongst others.ENDS

The 12th Edition of Fi India & Hi: The Indian sub-continent’s most comprehensive B2B show for food & health by UBM India to be held in Mumbai

Mumbai, 16^th October 2017 (TGN) : The Fi India & Hi trade show, UBM India’s most comprehensive B2B show in the India sub-continent for the food and health industry, will take place at the Bombay Exhibition Centre in Mumbai, India from Thursday, November 9th to Saturday - November 11th 2017. Fi India & Hi offers the industry an opportunity to source high quality ingredients, network with industry professionals, learn the latest industry trends & innovations, and expand the market share. The expo now annually rotates between India’s two unique, promising food hubs i.e Mumbai and New Delhi. This year, the expo will have over 250 exhibitors from which 55 are first timers and 48 are solely from the Health ingredients space. The expo is well-supported by the All India Food Processors' Association (AIFPA), the Health Foods & Dietary Supplements Association (HADSA), the Association of Food Scientist & Technologist (I) – (AFSTI), Delhi and Mumbai Chapter, the All India Bread Manufacturer’s Association (AIBMA), The Society of Indian bakers ( SIB ) and  the Wheat Products Promotion Society ( WPPS ).

With a legacy 12 years, Fi India will once again feature 3 days of free, on-site seminars on health ingredients, food processing and packaging.  The seminars will be organised in alliance with a variety of Indian associations and will cover both technical developments and market trends.Day 1 will feature sessions on ‘How regulations are facilitating the Indian Nutraceutical Industry’; ‘Progressive Nutraceuticals in the market - Sports Nutrition, Fortified Foods, Medical Nutrition’;‘How do Pharmacopoeias help the Dietary Supplements Market?’ and ‘Role of Pharmaceuticals in the development of Nutraceutical Markets’. Day 2 will see a seminar by AIFPA on ‘Opportunity and Regulatory Challenges in the Import & Export of Food Ingredients’ and a FSSAI initiative -- ‘New initiatives to build a nationwide ecosystem for food safety’.  Day 3 will see sessions on Clean Label Natural Products are Safe and Healthy and Locust Bean Gum (LBG) & its Food application.

This year, the expo, will introduce a new feature – A Guided Discovery Tour with Nutrimarketing experts. The guided tour will comprise visitors accompanying Nutrimarketing experts who will engage with the audience and capture the latest trends, innovations and actual application of products that are on display at the exhibition with a focus on topics such as ‘Everything Proteins’ , ‘Heath & Wellness’ and ‘Bakery Innovation’. The timings of these guided tours will be scheduled from before.

Other exciting highlights of the expo this year include:

·         An Expo Foodtec Pavilion which will be dedicated to the Food Technology – Processing and Packaging companies. This pavilion alongside Fi India & Hi will provide a one stop solution to all the manufacturing requirements of food manufacturers

·         A comprehensive China Pavilion

·         A Health Ingredients Trail

·         A special Fi India &Hi workshop, for the third year in a row.  This time, the workshop includes a two-day live demonstration on the latest food trends by Celebrity Chef Rakhee Vaswani. The live demonstrations will use exhibitor products that will give the audience a better experience, newer ideas and useful tips on the actual applications of the products on display. The workshop will include sessions on -- Indian Fusion Dhamaaka, Fancy Bread Making, Exotic Eggless Desserts and Festive Fiesta - Party appetizers and dips.

Speaking on the announcement of Fi India & Hi 2017, Mr. Yogesh Mudras, Managing Director, UBM India said, “The Food Ingredients industry in India is seeing a rapid expansion amidst increasing consumption of processed foods, rising preference for ready-to-eat meals, increasing localisation of food products, increasing development of mega food parks, wide cultural and regional diversities and a growing urban middle class population. This has led to increased awareness pertaining to the quality standards of food products and consequently, a focus on the superiority of ingredients that goes into the making of these finished products. UBM India’s objective for the 12th edition of Fi India& Hi is to offer an international showcase of such ingredients and in turn, help leverage India’s wide ranging and large raw material base for food processing industries”.

He further added, “Fi India & Hi is a trulyinternational show with a mix of domestic and international participants congregating for three days under one roof to discover and develop businesses,”ENDS.