GSPL in focus after signing pact for FSRU project-based LNG port

Gujarat State Petronet (GSPL) announced that shareholders and share subscription agreement has been executed among SWAN LNG (SLPL) and the shareholders of SWAN LNG (SLPL) i.e SWAN Energy - (63% equity holding), Gujarat Maritime Board - (15% equity holding), Gujarat State Petronet - (11% equity holding) and FSRU Venture India One, an affiliate of Mitsui OSK Lines, Japan (11% equity holding), for development of Floating Storage and Regassification Unit (FSRU)-based LNG port with a regassification capacity of 5 MMTPA of LNG at Jafrabad in Amreli District, Gujarat by SLPL. The announcement was made after market hours yesterday, 18 October 2017.

Mahindra Lifespaces Developers (MLDL) said it has partnered with HDFC Capital Affordable Real Estate Fund- 1 (HDFC Capital) -- a fund managed by HDFC Capital Advisors, a wholly-owned subsidiary of HDFC, to form a platform focused on the development of affordable housing projects in India. The platform will look to rapidly scale up in order to address the demand-supply gap in affordable housing in India, with an estimated development footprint of between 5 to 10 million square feet, depending on the locations selected for its projects, under the Happinest name. The proposed developments will be undertaken through 'Mahindra Happinest Developers (MHDL), with a 51:49 equity share between MLDL and HDFC Capital. The announcement was made after market hours yesterday, 18 October 2017.

Granules India said that the US Food and Drug Administration has approved its Abbreviated New Drug Application ((ANDA) filed by USpharma Windlas LLC for Prasugrel tablet. The announcement was made after market hours yesterday, 18 October 2017.

Future Lifestyle Fashions will be watched. With reference to media report titled, "Flipkart sees a partner for retail in Biyani's Future", Future Lifestyle Fashions clarified that it explores various proposals in the ordinary course of business, however, nothing mentioned in the referred article has been so far considered or approved by the board of directors of the company. The clarification was issued after market hours yesterday, 18 October 2017.

The board of directors of the Tata Teleservices (Maharashtra) at its meeting held on 18 October 2017 has approved raising of additional funds upto an aggregate amount of Rs 20000 crore by issue of one or more types of the securities/instruments/modes including Redeemable Preference Shares to the Promoters on preferential basis; and/or, Non-Convertible Debentures in one or more tranches; and/or Inter Corporate Deposit/Loans and/or Commercial Papers from the Promoters and/or others. The announcement was made after market hours yesterday, 18 October 2017.

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