Encl: As above

Ms. Mitali Ambre Company Secretary and Compliance officer ACS: 60296

/~~.:( I - - I

For Marine Electricals (India) Limited

Yours faithfully,

Thanking You.

You are requested to take the same on record & oblige.

The above information is also available on the Company's website at:­ \\'\\ w .manncc lcctrical s.com

Pursuant to Regulations 30 and 4 7 read along with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith copies of newspaper advertisement published in "The Free Press Journal (English Edition) and Navshakti (Marathi Edition) Newspapers on 04th September, 2021 informing about completion of dispatch of Notice of the 14th AGM along with the Annual Report for the FY 2020-21.

Sub: Newspaper Advertisement - for dispatch of Notice of 14th Annual General Meeting (' AGM') along with the Annual Report for the FY 2020-21 and e-Voting information

Dear Sirs/Madam,

The Manager National Stock Exchange of India Ltd. Exchange Plaza, C-1, Block- G, Bandra Kurla Complex, Bandra (East) Mumbai-400 051. Fax No. 26598235/8237/8347. Symbol: MARJNE

Date: 041h September, 2021

Ref: MEIL/SEC/2021-22/42

r;:) ~ 'f<t. Y6U.TS'lf

1509001:2015 R,Atlll ISO 14001: 2015 fnl ISO 45001: 2018 ~ CERTIFIED BY IROS ""!MUCI

Marine Electricals (India) Limited B-1, Udyog Sadan-3, MIDC, Andheri (E), Mumbai-93, India, Tel.: 91-22-40334300 Fax: 91-22-28364045 E-mail: info@m~rineelectricals.com Website www marineelectricals.com CIN L31907MH2007PLC176443 (Formerly known as Marine Electricals (I) Pvt. Ltd.)

'I. . tejimandi: .... --::-.-. tit?-= I 1ve st ir1i'i{' . ..;,p·I if,;;~.:

~ ii-Marine Electricals

GOVERNMENT OF MAHARASHTRAExecutive Engineer, Central Mumbai Electrical Division,

P.W.D., Sawali Building Ganpat Jadhav Marg, Worli, Mumbai-18.

e-mail: elcentralmumbai.ee@mahapwd.com, Tel. No. 022-24924349

Tender Notice No. 19/2021-22 (2nd call)Online Percentage rates tenders in "B-1" form are invited bythe Executive Engineer, Central Mumbai Electrical Division,P.W.D., Worli, Mumbai for the following work from ElectricalLicence Holder Contractor. B-1 Tender document can bedownloaded from the Tendering portal of P.W.D.,Government of Maharashlra http://mahapwd.com (PayPWD Online)] The Executive Engineer, CMED, Worli,Mumbai reserves right to accept or reject any tender. Theconditional tender will not be accepted.

1 Contactor Should Quote Price Excluding G.S.T. G.S.Tupto 12% will be paid Extra.

2 Download/Sale Period : Date : 6.9.2021 to 20.9.2021 upto 05.30 pm

3 Bid Opening Date : 23.9.2021 after 2.00 pm.4 All information about Tender is available on followingwebsite. http://mahapwd.com

5 (If there will be change in Tender Notice, it will beinformed on above website) and on Notice Board.

EE/CMED/TC/2193/2021 Date : 2.9.2021

Sd/-Executive Engineer

Central Mumbai Electrical Division DGIPR 2021-22/1819 P.W.D. Worli Mumbai

Sr.No.

Name Of Work TenderAmount

1 Est. No. 3610/2021-22 Providing Pedestal Fansat CST Bhavan, Mazgaon, Mumbai

Rs.450900/-

2 Est. No. 9625/2020-21 - Providing SR to E.I. inThe Rooms No. 16, 340, 703, 632, 225, 211, 235,301, 318, 636, 106, 635, 202, 104, 418, 319, 339,113, 331, 332, 334, 533, 518 (Total 24 Rooms) atDr. Qtrs. At Sir J. J. Group of Hospitals, Byculla,Mumbai

Rs.306108/-

KALYAN DOMBIVLI MUNICIPALCORPORATION

Under Ground Drainage Dept.

TENDER NOTICE NO. 10 (2021-22)Tenders are invited by the Administrator, Kalyan

Dombivli Municipal Corporation in B-2 format under thescheme "Lokshahir Annabhau Sathe Nagari Vasti SudharnaYojana" through E-Tendering 10 works from the registeredcontractors in appropriate class.

The blank tender forms and detailed information will beavailable on the Maharashtra's websitewww.mahatenders.gov.in from 06/09/2021 to 20/09/2021 upto3.00 p.m. The completed tenders are to be uploaded on orbefore 20/09/2021 upto 3.00 p.m. and the tenders will beopened on 21/09/2021 at 4.00 p.m. if possible.

As per Govt. Circular, (O r E g Q > r - 1 0 1 7 / à . H « $ . 8 1 / H $ a m Y m Z - 1)dated 19/08/2017, bidder should quote the offer ConsideringG.S.T. Charges while submitting the Tender.

Right to rejects any or all tenders without assigning anyreason there of is reserved by the Commissioner, and whosedecision will be final and legally binding on all the tenderer.

For more details and information visit Maharashtra'swebsite www.mahatenders.gov.in

Sd/-Hydraulic Engineer

Kalyan Dombivli Municipal CorporationKalyan

KDMC/PRO/HQ/459Dt. 03/09/21

MONEY 11MUMBAI | SATURDAY | SEPTEMBER 4, 2021

AGENCIESNew Delhi

Reliance Industries will by 2030 createor enable capacity to generate at least100 gigawatts of electricity from renew-able sources, which can be convertedinto carbon-free green hydrogen, itschairman Mukesh Ambani said Fridayas he outlined a 1-1-1 vision to bringdown the cost of hydrogen to underUSD 1 per 1 kg in 1 decade.The focus on generating electricityfrom renewable sources of energysuch as solar and wind -will help cutcarbon emissions in the world's third-largest greenhouse gas emitter.The same electricity, when convertedinto green hydrogen, can replace petroland diesel in automobiles and other fu-els in the industry, helping cut down onthe use of fossil fuels, carbon emissionsand reduce import dependence.Speaking at the International Cli-mate Summit 2021, India's richest mansaid Reliance will pursue the target of

bringing down the cost of makinggreen hydrogen to under USD 2 per kginitially and ultimately to bring itdown to under USD 1 per kg in adecade.Green hydrogen produced with re-newable resources costs betweenabout USD 3 per kg and USD 6.55 a kg.With abundant sunlight, India cangenerate over 1,000 GW of solar ener-gy on just 0.5% of landmass, he said.

N CHITHRAChennai

Nine years after the En-forcement Directorate hadinitiated action againstFlipkart in connection withan alleged violation of theForeign Direct Investment(FDI) policy to the tune ofabout Rs 23,000 crore, its co-founder Sachin Bansal hasmoved the Madras HighCourt challenging it.Flipkart had issuedshares to its foreign in-vestors between 2009 and2014. Alleging that this wasin violation of the FDI poli-cy, the ED had initiated ac-tion in 2013. From 2013 to 2015, Bansalattended the inquiry pro-ceedings. Bansal submittedto the court that he did notobstruct the investigationand instead cooperatedwith the agency and sub-mitted the required docu-ments during this period.Subsequently, he did not

hear from the ED and be-lieved that the agency hadclosed the inquiry. Mean-while Bansal exited theFlipkart group in August2018 when it was acquiredby Walmart International.Against this backdrop,Bansal said on August 5this year he received a showcause notice from the Spe-cial Director, the adjudicat-ing authority under theForeign Exchange Manage-ment Act (FEMA), in Chen-nai, for commencing pro-ceedings under Section 16of FEMA. The show causenotice based on a complaintfrom the Deputy Director ofEnforcement in Bengaluruon June 28, Bansal said.

Reliance arm acquires 80% stake in Strand Life MUMBAI: Reliance Strategic BusinessVentures Ltd (RSBVL) said on Friday it hasacquired 2.28 crore equity shares of Rs 10each of Strand Life Sciences Pvt Ltd for acash consideration of Rs 393 crore.A further investment of up to Rs 160 croreis expected to be completed by March, 2023.The total investment will translate into80.3% of equity share capital in Strand on afully diluted basis, said the subsidiary of Reliance Industries Ltd.Strand was incorporated in India onOctober 6, 2000. It is a pioneer of genomictesting with bioinformatics software andclinical research solutions to healthcareproviders including clinicians, hospitals,medical devices manufacturers andpharmaceutical companies."The investment is part of group's digitalhealth initiatives to foster affordable accessto world-class technology and innovation-led healthcare ecosystem in India," saidRSBVL in a statement.

RIL eyes 100 GW renewableenergy capacity by 2030

BY TEJI MANDI

The chemical sector is aniche one and remainsbehind the curtains fortraditional investors.

China is known asthe world’s largestchemical manu-

facturer. With the strictregulations in Chinaand especially post-COVID, the focus hasturned to India. Chemi-cal companies in Indiaare busy building largerfacilities to accommo-date high demand. Thecapacity utilisation lev-els of these companieshave also peaked. Withmore and more demand,it’s expected that thesector will grow mas-sively in the comingyears.

Focus Shifts to Indiafrom ChinaSpecialty chemicalstocks have been gain-ing traction this yearamid an improved out-look for the sector. Post-COVID, most countrieswant to reduce their de-pendence on China. The

focus directly comes onIndia to manufacturechemicals at a fasterrate. High demand hasconvinced analysts tokeep a positive outlookon the sector. Expertsbelieve that India’sshare in the specialtychemicals will doubleover the next five years.

Chemical Stocks Enjoy High ValuationMost chemical playershave reported better-than-expected earningsin Q1FY22. Experts feelthat the sector is poisedfor growth. Hence, thevaluations of chemicalstocks are faring athigher valuations.Strong domestic de-mand and export oppor-tunities are boosting thesector. According toMotilal Oswal’s report,India’s share in special-ty chemicals is expectedto double over the nextfive years–at a com-pounded annual growthrate of 12% to $64 bil-lion by the calendaryear 2025.

Closing CommentsChemical stocks havedoubled while some ofthem have tripled in-vestors’ wealth. In thelast two weeks, thestocks are witnessingexuberant growth. Con-tinuous expansion ofthis sector is expected todeliver stellar returns.

Chemical sectorbooming, stocksat high valuation

Teji Mandi (TM Investment Technologies Pvt. Ltd.) is a SEBIregistered investment advisor. Information in this article should notbe construed as investment advice. Please visitwww.tejimandi.com

to know more.

Future seeksearly hearingto avert assetattachment

Snapdeal eyes$400 m initialpublic offer at

$.25 b valuationOUR BUREAU

New Delhi

Future Retail Limited(FRL) of Kishore Biyani onFriday cited urgency inseeking early listing of itspetition filed on August 13against Delhi High Courtorder directing attachmentof all Future Retail and Fu-ture Coupons Assets in adispute with the e-com-merce giant Amazon.The Supreme Court saidit will list the case afterchecking for availability.Earlier, Delhi High Courtobserved that if Futurefailed to secure a stay fromthe Supreme Court, it willhave to comply with the or-der for attachment.Biyani is desperate sincelosing in the SupremeCourt on August 6 to Ama-zon against the merger ofhis Future Retail with theReliance Retail.

NEW DELHI: E-commerceplatform Snapdeal is as-sessing an initial public of-fering that could raiseabout USD 300-400 million,according to sources.Sources close to the devel-opment said the companyis in the early stages of as-sessing an initial public offering and potential list-ing that could valueSnapdeal at about USD 2-2.5billion.They added that discus-sions are still at a prelimi-nary stage, and no concretedecision has been taken onthe matter yet.When contacted,Snapdeal declined to com-ment.A stellar response toZomato's initial public of-fering , and a profitable list-ing in July has prompted anumber of internet-ledbusinesses to make a bee-line for this route.

NEWS IN BRIEFSC asks Sebi to respond to pleas ofNDTV promoters against levy of fineThe Supreme Court Friday asked markets regulator Sebi to fileits response to pleas of NDTV promoters Prannoy Roy andRadhika Roy that the penalty proceedings against them,related to alleged violation of securities norms by concealinginformation from shareholders on some loan agreements, bekept in abeyance. The Roys have sought that the Sebi orderimposing the penalty be kept in abeyance till SecuritiesAppellate Tribunal (SAT) decides their appeals.

Sebi confirms action against formerCNBC Awaaz anchor, family membersMarkets regulator Sebi has confirmed earlier directions passedagainst former CNBC Awaaz anchor Hemant Ghai, his wife andmother, that barred them from the capital markets forindulging in fraudulent trading practices. Sebi said the findingsin the order are "prima facie" and that a detailed investigationin the matter is in progress.

RBI fines Bombay Mercantile Co-opBank Rs 50 lakh for violating normsThe Reserve Bank of India today imposed a penalty of Rs 5 mnon the Bombay Mercantile Co-operative Bank for non-compliance with directions issued by it on interest rate ondeposits and specific directions on the supervisory actionframework. The RBI said the non-compliance was detected inthe statutory inspection conducted by it with reference to thebank’s financial position as on Mar 31, 2019.

Dollar index sinks to one-month low of 92.151 before payrolls test The dollar sank to its lowest in almost a month against majorrivals on Friday, ahead of a crucial US jobs report that couldspur the Federal Reserve to an earlier tapering of stimulus. Thedollar index , which measures the greenback against six peers,was little changed at 92.207 after earlier touching 92.151 forthe first time since August 5. The euro was also mostly flat at$1.1878, after hitting the highest since August 4 at $1.1884,supported by regional inflation at a decade high and hawkishrhetoric from European Central Bank officials ahead of a policymeeting on September 9.

LIC picks up nearly 4% stake in Bankof India through open market opsState-owned Bank of India on Friday said LIC has picked upnearly 4 per cent equity shares of the bank through an openmarket transaction a day earlier. LIC has picked up nearly 3.9per cent (15,90,07,791 shares) of the bank through openmarket acquisition on September 2, 2021, Bank of India said.

Tourism Finance board gives nod toRs 65 crore preferential issueThe board of Tourism Finance Corp of India Ltd has approvedthe issue of up to 9.65 mln fully paid up equity shares at 67.50rupees per share through preferential allotment. The shareswith a face value of 10 rupees each, will include a premium of57.50 rupees in the issue price, and lead to an allotment sizeof 651.8 mln rupees.

NTPC seeks shareholders' nod to raiseRs 18,000 crore via bonds State-owned NTPC will seek shareholders' approval to raise Rs18,000 crore through the issuance of bonds or debentures inits annual general meeting on September 28. NTPC hasproposed to raise funds up to Rs 18,000 crore through theissue of bonds/debentures on a private placement basis, said anotice for the AGM.

Flipkart co-founderchallenges ED notice

8 Mukesh Ambani aims to bringdown the cost of hydrogen to underUSD one per one kg in one decade

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