k 14) the india cements limited
TRANSCRIPT
Yours faithfully, For THE INDIA EMENTS LIMITED aosc,
44 COMPANY SE
2 RETARY
K
14)4 THE INDIA CEMENTS LIMITED Corporate Office : Coromandel Towers, 93, Santhome High Road, Karpagam Avenue.
R.A. Puram, Chennai - 600 028. Phone : 044-2852 1526, 2857 2100 Fax - 044-2851 7198, Grams : IINDCEMENTI
CIN : L26942TN1946PLC000931
SH/SE/ 14.08.2021
BSE Limited Corporate Relationship Dept. First Floor New Trading Ring, Rotunda Building, Phiroze Jeejeebhoy Towers Dalai Street, Fort MUMBAI -400001.
Scrip Code : 530005
National Stock Exchange of India Limited Exchange Plaza, 5th Floor Plot No.C/1, G Block Bandra-Kurla Complex Bandra (E) MUMBAI 400 051.
Scrip Code: INDIACEM
Dear Sirs,
Sub.: Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 - Newspaper advertisement
In terms of the Regulation 47 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, please find enclosed newspaper advertisements
published in English dailies viz. Business Line and Business Standard and Tamil daily
viz. Dinamani on 14/08/2021, intimating to shareholders, the details of 75th Annual
General meeting, dates of book closure and remote e-voting, etc for the ensuing
Annual General Meeting to be held on 8th September, 2021.
Kindly acknowledge receipt.
Thanking you,
Encl.: As above
Email: invesMr@indiacemeffftgliSiked Office : Dhun Building, 827, Anna Salai, Chennai - 600 002. wvomindiacements.co.in
................CMYK
CHENNAI
8 BusinessLine SATURDAY • AUGUST 14 • 2021COMMODITIES
OUR BUREAU
Kochi, August 13
The Kerala High Court stayedfor three weeks the Directorate General of Foreign Trade’s(DGFT) notifi�cation authorising the Agricultural & Processed Food Products ExportDevelopment Authority(APEDA) to issue registrationcummembership certifi�cates(RCMC) to cashew exporters.
The court passed the orderon a writ petition fi�led byCashew Export PromotionCouncil of India (CEPCI)which challenged the DGFTnotifi�cation by submittingthat it is beyond the power of
the authorities.
Counter affidavitThe court asked the Uniongovernment to fi�le a counteraffi�davit within three weeksas counsel appearing for therespondents prayed for ashorter time to fi�le the affi�davit. The court posted thecase for further hearing onAugust 26.
It may be recalled that theDGFT had suspended the
powers of CEPCI to issueRCMC, and designated APEDAto issue such certifi�cates.RCMC helps in exportrelatedworks and availing duty benefi�ts under foreign tradepolicy. Cashew exporterspointed out the DGFT decision to suspend the RCMCwould curtail the activities ofCEPCI that functions with itsown fund sourced from memberships and trade contribution.
It is also alleged that theCouncil was kept in the darkwhen the DGFT took the decision which was madewithout giving any notice.“With the suspension ofpower, the fi�nancial stabilityof the council will be introuble,” it said.
DGFT had delegated
authority to APEDA
Kerala HC stays DGFT notificationsuspending cashew export body powers
V.SAJEEV KUMAR
Kochi, August 13
The Rubber Board started anationwide census on rubber to prepare a comprehensive data base on rubberplantations and rubbergrowers.
The Board has launchedthe programme at Pala inKottayam district whichcomes under the service areaof Thodanal Rubber Producers’ Society.
Census’ objectivesAccording to Rubber Boardoffi�cials, the objective of thecensus is to gather details ofthe rubber area including
total planted area, immaturearea, mature area, tappingarea, the number of trees,year of planting, clones, tapping system and the rainguarding status of the holdings. The census also collectsdetails of the tappers and thecrop processing methods.
The generation of a database and periodical updatingis essential for the formulation of detailed missionmode schemes for improving
natural rubber production inthe country. The census is being carried out by a mobileapplication, ‘RUBAC’, developed by the Rubber Boardin association with the Indian Institute of InformationTechnology and Management, with the active participation of rubber producer’s societies.
Small is bigThe Indian rubber plantationsector is dominated by smallholders who account for 92per cent of the productionand 91 per cent of the plantedarea in the country. The sector has 1.32 million small rubber growers, and theirplanted area comes toaround 8.2 lakh hectares. TheBoard plans to conduct thedatabase generation of rubber holdings with the help ofextension offi�cers.
Rubber Board to
use mobile
application to
implement project
India’s rubber plantation sector
is dominated by smallholders
who cover 92% of the production
Nationwide census on rubber to preparecomprehensive database begins
KV KURMANATH
Hyderabad, August 13
AntiGMO (genetically modifi�ed organisms) activistshave strongly opposed theCentre’s decision to allowthe import of GM soyamealinto the country.
“What the Union Ministryof Environment, Forest andClimate Change and GeneticEngineering Appraisal Committee have reportedlystated is highly objectionable and legally untenable,”the coalition for a GMFreeIndia has said.
Quoting an offi�cial letter,the BusinessLine reported onThursday that the government had allowed the AllIndia Poultry Breeders’ Association to import 1.5 milliontonnes of GM soyameal tohelp it tide over the feedcrisis in the industry.
Domestic soya prices have
crossed the ₹�1 lakhatonnemark, sharply increasing thecost of production.
FSSAI viewsThe government contendedthat both the Ministry ofForest and Climate Changeand FSSAI (Food Safety Standards Authority of India) hadnot objected to the decision.
While the GEAC found nolive seed involved (hence, noobjection to importing theGM products), the FSSAI reportedly said since it was notfood (consumed by humanbeings), it had no purviewover the issue.
AntiGMO activists havetaken strong objection, saying that the EnvironmentalProtection Act, 1989, ruleswere not just about GMOs(organisms), but also aboutproducts and substancesthereof.
“Where is the safety assessment of this feed, who applied for this with the regulatory body and on whatbasis was GEAC saying whatit did,” the coalition asked.
“Even the Food Safety Authority cannot say that theywill not regulate feed, sinceanything that enters thefood chain that is hazardous,
is something that the FSSAIhas to regulate,” it argued.
Skyrocketing feed costsBattered by two waves ofCovid19, the poultry industry is now faced withskyrocketing feed prices,which constitute about 80per cent of all the cost ofproduction.
Soyameal constitutesabout 25 per cent of the feedneeds, while corn contributes about 50 per cent.
Unable to bear it anylonger, the breeders’ association wrote to the Ministryof Animal Husbandry, seeking permission to import theGM soyameal, abundantlyavailable in countries suchas the US, Brazil andArgentina.
“If you have to import nonGM soyameal, you have onlyUkraine to depend on. Butyou have plenty of supplies,if they allow us to import GMsoyameal. We are anticipating the fi�rst batches of theproduce later this month,”an industry executive said.
‘First batch of
shipments may
arrive this month'
The government contended that both the Ministry of Forest and
Climate Change and FSSAI had not objected to the decision
Activists oppose Centre’s decisionto allow GM soyameal imports
OUR BUREAU
New Delhi, August 13
The area under kharif cropsalmost topped 1,000 lakh hectares (lh), a tad lower than thearea covered in the sameperiod a year ago, accordingto data released by Agriculture Ministry on Friday.
Data showed that 997 lhhave been covered till now,which is lower by a little lessthan 2 per cent comparedwith last year when 1,015 lhhad been covered at the samepoint of time.This is farmmore signifi�cant in the lightof the fact that the kharif acreage was lower by over 12 percent at the start of July compared with last year.
This year, kharif sowing wasaff�ected by a “break” in monsoon from June 23 till mid
July. Since then, monsoon hasgot reactivated but its progress has been slack over thelast week or so. Yet, kharf sowing has made progress withthe acreage trailing by twoper cent last week and eightper cent the week before.
Rice area almost sameWhile the rice sown area wasover 349 lh, similar to 351.5 lhin the same period a year ago,the area under pulses is almost two per cent more thanthe same period a year ago,thanks to a pickup in the areaunder arhar that has gone upby 3.77 per cent to 47 lh. Oilseeds area, on the other hand,is down by nearly three percent to over 180 lh with bothsoyabean and groundnut coverage being lower compared
with same period a year ago.Pulses have gained in view
of the higher retail prices,with farmers in Karnataka,Madhya Pradesh and Maharashtra going for it.
The area under cotton wasexpected to increase in viewof the good prices farmerfetched last year. But thehopes have been dashed as
cottonseed prices ruledhigher and the monsoon“break” aff�ecting sowing inGujarat. Similarly, oilseedssowing has also been hit byhigh seed prices and the erratic monsoon.
The area under cotton is 7.5per cent lower than the corresponding period a year ago.Till now, cotton has been
planted on only 116 lh against125 lh in the same period yearago.
Maize acreage upEven though maize area is upby 2.26 per cent to nearly 79lh, a decline in the planting ofother major kharif coarse cereals such as jower and bajrapulled down the total area to163 lh, which is 4 lh lower than167 lh planted last year.
Maize area gained mainlyon its prices rising of late dueto demand for feed in and outside the country. Also, at onepoint of time last month itsprices were higher thanwheat.
Meanwhile, water storagein 130 reservoirs this week,monitored by the Central Water Commission, was 103.52billion cubic metres (BCM)compared with 92.18 BCM inthe corresponding week ayear ago.
Total acreage lower than last year by
nearly 2%; area under cotton declines
Kharif area almost tops 1,000 lakh hectares
M RAMESH
Chennai, August 13
Fiji has hired an Indian startup to provide weatherrelatedrisk mitigation services. Gurgaonbased Weather RiskManagement Services Pvt Ltdwill develop a ‘parametric insurance’ model for mitigatingweather risks, mainly cyclonerisks.
‘Parametric insurance’means that if a weather eventhappens, the insured will getmoney from the insurancecompany based on certainparameters, such as windspeeds and intensity of (say)cyclone.
Weather Risk ManagementServices (WRMS), an IITKanpur incubated company, wonthe job under a program ofthe United Nations Capital Development Fund (UNCDF), thecompany’s CoFounder and
Director, Anuj Kumbhat, toldBusiness Line on Wednesday.The service is to be formallylaunched in Fiji on August 24.
Programme objectiveThe objective of the programis to improve the fi�nancialpreparedness of Fiji againstclimate change and naturaldisasters, leveraging India’sexperience in providing suchservices.
Incepted in 2004, WRMShas so far serviced 2.5 millionfarmers, mostly in India,some of them as small asholders of half an acre of land,he said.
The ₹�30crore companymanufactures and installssensors to monitor a varietyof parameters ranging fromsoil moisture to pests, andalso uses satellite data to warn
of vagaries of weather. Importantly, it also providesyield guarantee to farmers.
To illustrate the company’soperations, Kumbhat gave theexample of potato farmers inWest Bengal who had contracted to supply to Pepsico. Pepsico’s off�take depended uponcertain quality standards,such as moisture and sugarcontent, size, shape and colour, which called for additional expenditure.
Pepsico would pay apremium for the produce, butstill the farmers had to take arisk in terms of yields not being up to the mark. WRMSstepped in with its ‘package ofpractices’ including mechanization and guaranteed yield,for a fee.
If the farmers followed thepackage of practices and yetthe yield did not pass muster,WRMS paid them a compensation.
Kumbhat said that the company had off�ered such services to cotton and tomatofarmers in Haryana, paddyfarmers in Maharashtra andchillies farmers in AndhraPradesh.
The IIT-Kanpur
incubated
company won
the job under a
UNCDF programme
Fiji hires Indian start-up to provideweather risk management services
OUR BUREAU
Ahmedabad, August 13
India's cotton consumptionfor the year 202021 is likely toremain fi�rm as traders bodyCotton Association of India(CAI) sees brisk demand coming up from the millers.
In its July estimates, theCotton Association of India(CAI) has projected cottonconsumption to be higher by5 lakh bales to 330 lakh bales(each of 170 kg) for the year202021.
The Crop Committee of theCAI has made this revisionconsidering the brisk demand for cotton yarn despitedisruptions caused on account of the lockdown implemented to arrest the secondwave of Covid19 pandemic, itsaid after the committee'smeeting on August 11.
Cotton output estimateOn the production side, CAIhas reduced the cotton output estimate for the year202021 to 354.5 lakh bales asagainst the previous estimateof 356 lakh bales. Imports arelikely to be at 10 lakh bales,but the exports are likely torise by 5 lakh bales to 77 lakhbales, “based on the input received from exportermembers,” CAI noted.
The arrivals between October 2020 to July 2021 are estimated at 348.61 lakh balescompared with the projectedoutput of 354.5 lakh bales.
Shift in crop patternMeanwhile, the US Department of Agriculture (USDA)has noted a shift in crop pattern for the current kharifseason.
It noted that Cotton area inGujarat "is making way for increased plantings of lentilsand soyabeans. Similarly, Maharashtra is seeing expandedplantings of soyabeans, sugar,and pulses (especially urad/black gram). However, inKarnataka and Odisha the cotton planting is replacingpaddy rice acreage.
In its forecast for the year202122, USDA estimated cotton output at 29 million USbales (363.66 lakh Indianbales of 170 kg each ) on anarea of 12.9 million hectares."Kharif cotton planting isnow underway in central andsouthern India as the twoweek monsoon delay hasbeen followed by intenserains across the major cottonproducing states," the reportsaid.
“With market arrivals slowing, seed cotton prices arerising. Mill consumption isgood at 25.5 million bales(320 lakh Indian bales)buoyed by strong export orders, and the recent government announcement of athreeyear extension of theRebate of State and Centraltaxes and Levies (ROSCTL)scheme for the export of apparel/garments and madeups,” added the report, whichwas released on August 6,2021.
Challenge for farmersCrop condition would remaina challenge for the farmers asthe season progresses. Innorthern states of Punjab andRajasthan, the cotton crop isin its fl�owering/vegetativestage.
"Farmers are being advisedto keep cotton fi�elds free fromweeds. They are told to monitor for whitefl�y infestation,since conditions are favourable for whitefl�y as well as forgreen teal and thrips infestation," the USDA report noted.
USDA sees cotton
yielding area to
lentils, pulses and
soyabean this year
‘Brisk demand’ from millsto lift cotton offtake: CAI
REUTERS
Tokyo/Singapore, August 13
Oil prices fell for a secondday on Friday after the International Energy Agencywarned that demandgrowth for crude and itsproducts had slowed
sharply as surging Covid19cases worldwide forced governments to revive movement restrictions.
Brent crude was down 58cents, or 0.8 per cent, at$70.73 a barrel by 0630GMT, after dropping 13
cents in the previous session. US crude was off� by 65cents, or 0.9 per cent, at$68.44 a barrel, havingfallen 0.2 per cent onThursday.
The benchmarks are littlechanged this week.
Crude oil extends losses as Delta variant slows demand
OUR BUREAU
Hyderabad, August 13
Kaveri Seeds has reported adecline in net sales and profi�tin the fi�rst quarter ended June30, 2021, dragged by lowervolumes and revenues in thecottonseed segment.
While the pandemic haddisrupted the supplychainnetwork, steep increase inherbicide tolerant Bt cottonseed contributed to lowervolumes in the cottonseedsegment.
The fi�rm reported net salesof ₹�629.78 crore in thequarter against ₹�719.48 crorein the comparable quarterlast year, a decline of 12.47 percent.
The net profi�t declined to₹�204.73 crore in the quarteras against ₹�296.41 crore in thecomparable quarter last year,showing a decline of 31 percent.
“The volumes and revenuesin the cotton segment aredown by about 28 per cent.Though we gained in the cottonseed market, we were impacted in Andhra Pradesh, Telangana and Karnataka,” thecompany has said instatement.
Pandemic, HTBtseeds hit KaveriSeeds sales, PAT
9>l
CHENNAI | 14 AUGUST 2021
thNotice is hereby given that the 29 AGM (Annual General Meeting) of the Company isthscheduled to be held on 08 September, 2021, Wednesday at 02.00 p.m. through Video
Conference or Other Audio-Visual Means (OAVM). In compliance with general circulardated January, 13 2021 read with circulars dated April 8, 2020, April, 13 2020 and May 5,2020 and all other applicable laws and circulars issued by the Ministry of Corporate Affairs(MCA), Government of India and Securities and Exchange Board of India (SEBI), totransact the Ordinary and Special businesses as set out in the Notice.As per aforesaid circulars, the Notice of AGM along with the Annual Report for FY 2020-2021 has to be sent only by electronic mode to those Members whose E-mail Id are alreadyregistered with the Company/ Depositaries. The Company is also providing e-voting andremote e-voting facility to all its Members similar to earlier practices.If your email ID is already registered with the Company/ Depositary, Notice of AGM alongwith annual report for FY 2020-2021 and login details for e-voting shall be sent to yourregistered email address. In case you have not registered your email ID with the Company/Depositary, please follow below instructions to register your email ID for obtaining annualreport for FY 2020-2021 and login details for e-voting.PhysicalHolding
DematHolding
Send a signed request to Registrar and Share Transfer Agent of theCompany, MAS Services Limited at [email protected] providing Folionumber, Name of the shareholder, scanned copy of the share certificate(Front and Back), PAN (self-attested scanned copy of PAN Card), AADHAR(self-attested scanned copy ofAadhar Card) for registering email address.Please send your bank detail with original cancelled cheque to our RTA (i.e.
ndMAS Services Limited, T-34, 2 Floor, Okhla Industrial Area, Phase-II, NewDelhi 100020 alongwith letter mentioning folio no. if not registered already.)PLEASE UPDATE THE SAME ON OR BEFORE 01/09/2021.
Please contact your Depositary Participant (DP) and register your emailaddress as per the process advised by DP.Please also update your bank detail with your DP for dividend payment byNACH if declare by company.PLEASE UPDATE THE SAME ON OR BEFORE 01/09/2021.
The Notice of AGM and Annual Report for FY 2020-2021 will also be available onCompany's website at www.kei-ind.com and also on the Stock Exchanges websites atwww.bseindia.com and www.nseindia.com Members attending the meeting through VC/OAVM shall be counted for the purpose of Quorum under Section 103 of the CompaniesAct, 2013.
For KEI Industries LimitedSd/-
Place: Delhi (Kishore Kunal)Date: 13.08.2021 AVP (Corporate Finance) & Company Secretary
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