ACE MEN ENGG WORKS LIMITEDRegistered Office: 102, Milestone Commercial ComplexKashi Vishwanath Road, Nagnath Gate,Iamnagar- 361001ClN: L27109G11980PLC100420Website: www. acumenengg.co.in

Email id:info@acumenengg.co.inWebsite:

www.3cumenengg.co.inPhone No: 7044360562Datezzo.05.2019

To

The General ManagerBSE Limited,Phiroze Jeejeebhoy TowersDalal Street, Mumbai- 400001

Dear Sir/Madam,

Subject: Press Release for intimation of Board Meeting

Please find enclosed herewith newspaper publications for notice of Board Meetingpublished in the English Newspaper (all edition) and Gujrati Newspaper (GujratEdition).

This is for your information and record.

Thanking you,

For ACE MEN ENGG WORKS LIMITED

Rajesh Kumar Sharma

Managing Directo

Encl: Newspaper Publications

FREE PRESS GUJARAT

Monday, May 20,2019 3

India to co-chair Consultative Group (CG) of Global

Facility for Disaster Reduction and Recovery (GFDRR)New Delhi: India is

unanimously chosen as co-chair

of the Consultative Group (CG)of Global Facility for Disaster

Reduction and Recovery(GFDRR) for the fiscal year 2020.

The decision was taken duringthe CG meeting of GFDRR held

in Geneva, SNitzerland today, on

the margins of the 6th Session

of the Global Platform for

Disaster Risk Reduction (GPDRR)2019. The CG Meeting was co-

chaired by Africa Caribbean and

Pacific (ACP) Group of States,the European Union (EU) and

World Bank. Additionally, GFDRR

in cooperation with the UNDRR

and the EU is also organizing the

4th edition of World

Reconstruction Conference

(WRC) on May 13-14, 2019.

GFDRR is a globalpartnership that helps

developing countries better

understand and reduce their

vulnerability to natural hazards

and climate change. GFDRR is a

grant-funding mechanism,

managed by the World Bank,that supports disaster risk

management projectsworldwide. It is presentlyworking on the ground with over

400 local, national, regional, and

international partners and

provides knowledge, funding,and technical assistance.

India became member of CG

of GFDRR in 2015 and expressedits interest to co-chair in last

meeting of CG held in October

2018. India’s candidature was

backed by its consistent progress

in disaster risk reduction (DRR)in the country and its initiative

to form a coalition on disaster

resilient infrastructure.

This will give the country an

opportunity to work with the

member countries and

organizations of GFDRR with a

focused contribution towards

advancing the disaster risk

reduction agenda during the

course of the year. This is the

first time that the country has

been afforded the opportunity of

co-chairing the CG meeting of

GFDRR. India would like to

pursue a focused agenda and

develop synergies with ongoingwork streams of GFDRR. Disaster

Resilient Infrastructure (DRI) will

be a central theme of

engagement with the GFDRR

partners and stakeholders.

The meeting of CG of GFDRR

was attended by Shri Kamal

Kishore, Member, NDMA and Shri

Sanjeev Kumar Jindal, Joint

Secretary (DM).

Special I FFI posterior its Golden Jubilee

Edition to be released at the FestivalNew Delhi: India Pavilion is

set to be inaugurated at Cannes

Film Festival, which will be held

from 14th to 25th May 2019. The

Pavilion will showcase Indian

cinema across linguistic, cultural

and regional diversity, with the

aim of forging international

partnerships in distribution,

production, filming in India,

script development, technology,promoting film sales and

syndication. It will be set up by

Ministry of Information &

Broadcasting in association with

Federation of Indian Chambers

of Commerce and Industry. The

Pavilion serves as a platform for

the Indian Delegates to meet

International Delegates

attending the Festival to promote

networking with other countries

and organizations. The Pavilion

also serves as an information

dissemination point about India

and Indian Cinema for the Global

Film Community.The Indian Delegation this

year will be led by Shri Amit

Khare, Secretary, Ministry of

Information & Broadcasting. The

Film Delegation would consist of

Shri Prasoon Joshi, Chairman,CBFC and acclaimed filmmakers

Shri Rahul Rawail, Shri Shaji N.

Karun and Shri Madhur

Bhandarkar.

During the Festival, the

Indian Delegation will be

interacting with key stakeholders

of Cannes as well as other

members of the film fraternity.A key focus area of the Indian

Delegation this year will be to

promote the Golden Jubilee

Edition of International Film

Festival of India to be held in Goa

later this year. A speciallydesigned IFFI poster for the

Golden Jubilee Edition will also

be released during the Festival.

The Delegation will also

popularise steps taken to ease

shooting films in India throughFilm Facilitation Office that

facilitates Single Window

Clearance for film-makers and

steps by the Government to

combat film piracy. To take

advantage of availability of

technicians and skilled

professionals, India will be

showcased as a post-productionhub to promote collaborations

for films with international

production houses. A

comprehensive Film Guide will

also be distributed at the India

Pavilion to showcase the

importance of the film ecosystemand Government incentives to

shoot in India.

Elaborating further, Shri Amit

Khare, Secretary, I&B Ministry said

that “the initiatives such as co-

production and single window

clearance would facilitate

integration of the Indian Film

makers with production houses

worldwide." He further added that

“it would be possible for

filmmakers of different countries

to come together under bilateral

co-production agreements. These

arrangements would also forgenew markets and wider audiences

by making India a hub for shootingworld class international movies."

The new government must

begin agricultural reformsfastPart of the solution to the

agrarian crisis may lie in radical

agricultural reform. For instance,

where is the focus on water-use

in a country where almost half of

the are under crops depends on

monsoon rains Latest governmentdata that shows the slowing of

rural wages is worrying. As is the

detail that they actually declined

for several months in 2018-19.

The situation is exacerbated by the

ongoing agrarian crisis which, at

least to date, hasn’t been

addressed adequately by either

the spate of farm loan waivers

across India or the increase in the

government’s procurement pricefor key crops. Lower than

anticipated summer rains (which

keepsthe soil extra dry) and fears

that El Nino could affect this year’smonsoon rains just serve to

increase the risks.

The importance of the rural

economy can’t be overstated. It

powers many consumer- and agri-

product companies and also

powers India’s booming scooter/

motorcycle ad consumer

electronics markets. In 2008-09,

in the wake of the global financial

crisis, it was the resilience of the

rural economy (in turn, buoyed bya farm loan waiver) that helpedinsulate India. Already, India’s

largest consumer products

company, Hindustan Unilever Ltd,

has indicated that its numbers for

the three months ended March 31

were hit by a rural slowdown.

It is evident that the old

formulae for reviving the rural

economy and incomes are no

longer working. Nor, it would

seem, is the handout-based

approach to reviving agriculture.Both of these statements can be

made with some level of certainty

especially because some of the

Budgets of the National

Democratic Alliance government,

including its Interim Budget speltout earlier this year, have focused

sharply (and sometimes

exclusively) on the rural economy.

Part of the solution may lie in

radical agricultural reform. For

instance, where is the focus on

water-use in a country where

almost half of the area under crops

depends on monsoon rains? (This

emphasis on water-use should

also consider the choice of crops).And where are the market linkagesso important to a thriving (or at

least self-sustaining) agrarian

economy? India’s production-centric focus on agriculture also

ignores the very real and risingthreat of climate change, which is

already making itself felt throughextreme weather events. And partof the solution may live in

diversifying the rural economy,

wherever possible, into areas

other than agriculture. With the

elections behind it, the

government that takes charge in

late May would do well to ignore

political compulsions (never out of

the picture in a country where the

next round of state elections is

scheduled for late 2019) and

embark on much-needed rural

and agricultural reforms.

Printed & Published by Mayur C. Bhatt on behalf of KalyaniPub. Pvt. Ltd Printed at : Mahadev Offset, H-47, Ravi Estate

Rustam Mill Compound Dudheswar, Ahmedabad-19.

Published From: 37/ A, Rajlaxmi Tanament, Opp. Rami

Vidhyalaya, Laxmipura, Gorva,Vadodara-

”L 5A..

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The Addl. Director General (B) National Cadet Corps (NCC), Maj. Gen. Sanjay Gupta handing over the ice axe and national flag to the

J

NCC Girls Mountaineering Expedition to Mt. Tenchenkhang leader Lt. Col. Madhab Boro, at the flag-off ceremony, in New Delhi.

WTO Ministerial Meeting of DevelopingCountries concludes in New Delhi today

New Delhi: Heads of

delegations of participatingcountries at the New Delhi WTO

Ministerial Meeting pose for a

group photoThe WTO Ministerial Meeting

of Developing Countries

concluded in New Delhi today.The Ministerial Meeting beganlast evening with a dinner hosted

by the Union Minister of

Commerce & Industry and Civil

Aviation, Suresh Prabhu. The

Director General of WTO,Roberto Azevedo, was also

present during the dinner.

In his address at the dinner,Suresh Prabhu, said that the

New Delhi Meeting is takingplace at a time when trade

tensions show no signs of

abating and protectionisttendencies are on the rise which

makes it very essential to

collectively debate and discuss

the way forward in a multilateral

framework.

Commerce Minister added

that the New Delhi Ministerial

Meeting is an initiative by India

to facilitate a free and frank

exchange of views on all issues

of common interest, particularlyof the Developing Countries and

will explore how to collectivelyaddress the challenges emerging

from suggestions on WTO

reform.

In his address at the dinner

last night, DG, WTO, Roberto

Azevedo, said that the reform

process will mitigate the current

crisis at WTO and talk about

destroying the existing system is

not the correct way and may not

have the desired outcome. DG,WTO suggested for working in

the existing system.He further said that the

Dispute Settlement crisis is a

deep crisis and all countries have

to look for a resolution. Business

as usual approach is not an

option anymore and all members

should work for a solution.

Roberto Azevedo said that

plurilaterals should not be seen

as a division between Developedand Developing Countries as

they contain members from both

sides. He further said that the

Special and Differential

Treatment Mechanism must be

innovative in order to address the

impasse. If left unaddressed it

may go either way, he said. The

ideal way is to have a bench

mark because the differentiation

is already happening and is

essential for small DevelopingCountries. DG, WTO further

added that the best way forward

is to have a trade-facilitation-

agreement-type model where

countries may set their own

benchmarks.

In the inaugural session of

the Ministerial Meeting, today

morning, Suresh Prabhu said

that there are 7.3 billion peopleliving in Developing Countries

and they cannot and should not

be deprived of the benefits of

growth and WTO is an institution

which addresses these concerns

of development and growth of

countries through trade and not

aid. The Commerce Minister

added that he is certain that the

efforts of the New Delhi

Ministerial Meeting will definitelylead to a WTO which is better

than what it is today.The Multilateral Trading

System is the collective

responsibility of all countries

who have a stake in it. It isthe

duty of countries to successfullyaddress conflicting interests,motives and ideologies, in order

to preserve and strengthen this

valuable institution, the Minister

added. The principles of non-

discrimination, predictability,transparency, the tradition of

decision-making by consensus

and, most importantly, the

commitment to development,

underlying the multilateral

trading system, are too valuable

to lose, he said.

The approach of the New

Delhi Ministerial Meeting is to

re-energise and strengthenmultilateralism and put in placea more inclusive decision -

making process. Towards this

end, it is essential that the

collective view of as many

Developing Countries as

possible is formally articulated

in submissions on WTO

reforms.

A year ago, on 19-20 March

2018, India had organised an

Informal WTO Ministerial

Gathering, in which more than

50 Members — both developedand developing- had

participated. In the March

2018 Gathering in New Delhi

it was emphasized that there

is a need to preserve and

enhance the functioning and

credibility of the rules-based

Multilateral Trading System as

embodied in the WTO.

Commerce Minister hopedthat the New Delhi Ministerial

Meeting will re-endorse the

centrality of development in

WTO negotiations and providesuggestions for WTO reforms

with development at its core.

Inaugural Session of WTO Ministerial

Meeting begins in New DelhiNew Delhi: Commerce

Secretary, Dr.AnupWadhawan,welcomed senior officials of

participating delegations from

Developing and Least DevelopedCountries (LDCs) who are

meeting in New Delhi over two

days to discuss key issues and

challenges facing the multi-

lateral trading system.

Speaking at the inauguralsession, Commerce Secretarysaid that the existential

challenges to the multilateral

rules based trading system are

manifestina spate of unilateral

measures and counter

measures, deadlock in key areas

of negotiations and the impassein the Appellate Body. The

Iogjam in the Appellate Body is

a serious threat to the disputesettlement mechanism of the

WTO and the implementationfunction of the Organization. The

fundamentals of the system are

being tested through a tide of

protectionism around the

worldvitiating the globaleconomic environment. The

situation does not bode well for

developing countries, includingthe LDCs.

The harm that the

institutional failure due to the

collapse of the Appellate Bodywill cause will be felt more in

Developing Countries includingLDCs who needthe protection of

the rules based system more

than developed countries. There

is an urgent need to engage

constructively to preserve the

system and come up with

constructive solutions to the

problem.The situation in the WTO has

spurred a strong discourse for

reforming the WTO, which

unfortunately is characterised bya complete lack of balance. The

reform agendabeing promoteddoes not address the concerns

of the developing countries. The

discussions in the meeting beingheld in New Delhi give a chance

to reaffirm the resolve to keepdevelopment at the centre of the

reform agenda. The reform

initiatives must promoteinclusiveness and non-

discrimination, build trust and

address the inequalities and

Supreme Court’s interim order on

electoral bonds is disappointingIn a democratic system that

does not have publicly funded

elections (such as ours), it

therefore becomes crucially

important for the public to know

who funds political parties, in

order to critically evaluate

whether that party’s policies are

designed to actually serve the

public good, or whether they are

written to benefit its funders.

Today, the Supreme Court

issued an interim order on the

constitutional challenge to the

government’s electoral bond

scheme. The electoral bond

scheme is a method of political

funding that was introduced in

early 2018. The scheme’s salient

features include donor

anonymity, the elimination of

caps on corporate donations,

and the loosening of other

regulations (such as revealingdonations in corporate profit and

loss statements). After three

days of hearing, the court

ordered that all political partiessubmit details of the donations

to the Election Commission by

May 30, in a sealed cover.

This order is a

disappointment. It is regrettably

ironic that in a petition founded

on the public’s right to know who

funds political parties, the court

has ordered that information be

provided in a sealed cover, safe

and secure from the voting

public. Morethan that, however,if there was any doubt about the

unconstitutionality of electoral

bonds, it should have been

washed away after the last three

days of oral argument before the

court. This is because the

Attorney-General K. K.

Venugopal — charged with

defending the scheme — had no

defence apart from doublingdown and simply saying that “the

public has no right to know who

funds political parties, as long as

the funding is legitimate."As a constitutional argument,

this ranks alongside the then

Attorney-General Niren De’s

notorious claim during the

Emergency that citizens could be

shot with impunity, or the

present Attorney-General’s own,

more recent argument, that the

Indian Constitution does not

guarantee a fundamental rightto privacy. Not only is it blatantly

contrary to many years of the

Supreme Court’s own precedenton how the voter’s right to

information is integral to free and

fair elections, and an element of

Article 19(1)(a), but it is also

profoundly dangerous and anti-

democratic: as the old idiom

goes, “he who pays the pipercalls the tune." In a democratic

system that does not have

publicly-funded elections (suchas ours), it therefore becomes

crucially important for the publicto know who funds political

parties, in order to criticallyevaluate whether that party’s

policies are designed to actuallyserve the public good, or

whether they are written to

benefit its funders. Indeed, in

order to understand the

deleterious effects of big money

on politics, one need look no

further than the United States:

it has been repeatedlydocumented, for example, that

there is an almost complete

overlap between American

politicians who vote against gun

regulation, and funding from the

National Rifle Association (andthis is only one example among

many).

glaring asymmetries in existingagreements. These asymmetriesare against the interest of

developing countries includingLDCs. There is a need to work

together to put issues of

importance for developingcountries and their priorities in

the reform agenda.There has been no active

engagement or movement on

key issues of concerns for

developing countries includingLDCs in the negotiating agenda.Agriculture remains a key priorityfor a large membership of WTO

representing the developingworld. However, there is a strong

push to completely relegateexisting mandates and decisions

and work done for the past many

years, to the background.Discipline on fisheries

subsidies are currently under

negotiation at the WTO with

intense engagement to

understand the issues and work

out a meaningful agreement byDecember 2019. The M011

decision on fisheries subsidies

clearly mandates that there

should be an appropriate and

effective special and differential

treatment for developingcountries. It is important for

developing countries includingLDCs to collectively work for a

fair and equitable agreement on

disciplines in fisheries subsidies,which takes into consideration

the livelihood needs of

subsistence fishermen and

ground realities in our countries,and protects our policy space to

develop capacities for harnessingour marine resources.

India believes that

developing countries need to

work together to protect their

interests in the WTO

negotiations throughpreservation of the core

fundamental principles of the

WTO. The two-day meet givesan opportunity to the

participating countries of

developing a shared WTO reform

proposal on issues of priority and

interest for developing countries.

This will help in building a

common narrative on issues of

importance for DevelopingCountries including LDCs.

FIVE FT| | COURSES RECEIVE AI CTE APPROVAL

UNDER APPLI ED ARTS AND CRAFTS CATEGORYMumbai: In a landmark

achievement for Film and

Television Institute of India

(FTII) Pune, theAll India Council

for Technical Education (AICTE)has granted approval to five

courses of PHI under AICTE's

newly created APPLIED ARTS

AND CRAFTS category. This

approval makes India's premierfilm school,FFl | ,the first and onlyInstitute in this category in the

country to receive such

recognition.A list of Institutions and

approved Courses published byAICTE on Saturday,11th Mayunder its newly-constituted

category pertaining to Institutes

offering courses in appliedarts,crafts and design, includes

FFII and all its five one-year Post

Graduate Certificate courses.

Of the five FTII courses

which have received AICTE

approval, four are in Television

wing (Direction, Electronic

Cinematography, Video Editingand Sound Recording & TV

Engineering) and one in Film

wing (Feature Film ScreenplayWriting).

"This is a historic moment for

FTII to have received AICTE

approval for all five PG Certificate

courses.This makes FFII the first

film school in India to receive this

recognition.In recent years FTII's

television courses have been in

the limelight winning several

National awards and even

international honours. The

AI CTE approval lends more value

to the TV courses making them

as attractive as the film wingspecializations. Screen writers

from FTII are already makingtheir mark in the entertainment

industry. With the AICTE

approval coming into effect from

2019-20, students entering TV

courses and Feature Film

Screenplay Writing course this

year stand to gain.This is as

important a watershed event as

the Master's degree equivalence

granted to Fl'll's six PG Diplomafilm wing courses by Association

of Indian Universities (AIU) in

January 2017. With this, all 11

FTII courses now stand

approved by either AIU or

AICTE.", said Sh Brijendra Pal

Singh,Chairman, FFII GoverningCouncil.

Indian Navy will conduct the First Indian NavyEntrance Test for Oiiicers in September 2019

New Delhi: The Indian Navyis introducing computer-basedexamination for the selection of

Direct Entry Officers after

graduation. The first Indian NavyEntrance Test (Officers), ie.

INEI' (Officers), is scheduled in

September 2019 in various

centers across the country. INEI'

(Officers) will be used for

screening for Permanent

Commission and Short Service

Commission Officer candidates

for all graduate entries other

than those that are screened byUPSC or University EntryScheme. Currently, officer

candidates are shortlisted for

interviews by Services Selection

Board (SSB) on the basis of

marks scored in graduation (orpost-graduation for certain

entries). Henceforth, shortlistingfor SB will be taken on the basis

of marks scored in INET

(Officers).Under the new process, only

one advertisement will be

published every six months and

applicants will need to exercise

their option for entries that theywish to be considered for, on the

basis of their educational

qualification. Details of entries,

age and educational qualifications

are available

www.joinindiannavy.gov.in.Candidates are advised to registeronce on the websiteto fill in their

personal, communication and

educational particulars, as well as

upload their supportingdocuments. Doing this before the

application submission window

opens, is advisable in order to

savetime. Eligible candidates will

receive automated email alerts

when the application submission

window opens.

INEI' (Officers) will have four

sections, viz English, Reasoningand Numerical Ability, General

Science and Mathematical

Aptitude, and General

Knowledge. Candidates will need

to pass in each section to be

considered for SSB call up.

Candidates will be called up for

SB interview on the basis of

performance in INEI' (Officers)and their entry preference. To be

considered for final Merit List,candidates would need to qualifyin SSB and subsequent Medical

Examination. Merit List will be

drawn up on the basis of marks

scored in INET (Officers) and

SB marks. Selected candidates

will undergo Basic Training at the

Indian Naval Academy.

DRDO Successfully Conducts

FlrgNew Delhi: Defence

Research and DevelopmentOrganisation (DRDO) conducted

successful flight test of ABHYAS- High-speed Expendable Aerial

Target (HEAT) from Interim Test

Range, Chandipur in Odisha

today. The flight test wastracked

by various RADARS & Electro

Optic S/stems and proved its

performance in fully autonomous

way point navigation mode. The

configuration of ABHYAS is

designed on an in-Iine small gas

turbine engine and uses

indigenously developed MEMS

based navigation system for its

navigation and guidance. The

performance of the system was

as per simulations carried out

and demonstrated the capabilityof ABHYAS to meet the mission

ht Test of ABHYASrequirement for a cost effective

HEAT.

ACE MEN ENGG WORKS LTD

102, Milestone Commercial Complex,

Kashi Vishwanath Road, Nagnath Gate,

Jamnagar, Gujarat . 361001

Email: info@acumenengg.co.in

CIN: L27109GJ1980PLC100420

NOTICE

Notice is hereby given that a meeting of the

Board of Directors of the company will be hetd

at the registered office of the Company on

Saturday. 25th May, 2019 at 3.00 PM, to

approve the audited financial results for the

quarter and year ended on 81 st March, 2019.

The said notice is also available on Company's

website at www.acumenengg.co.in and on the

website of stock exchange wwwbseindiacom.

By Order of the Board

Sd/—

Rajesh Kumar Sharma

DIN: 02645337

(Managing Director)

Place : JamnagarDated : 17.05.2019

SCHEDULE ll

FORM B

PUBLIC ANNOUNCEMENT

(Regulation 12 of the Insolvency and Bankruptcy(Liquidation Process) Regulations, 2016)

For The Attention of The Stakeholders of

Mls Project Master Electricals Pvt. Ltd.

1. Name OfCorporate Debtor M/s Project Master Electricais Private Limited

2_ Date of Incorporation of

Corporate Debtor

19th November, 2009

3_ Authority Under Which

Corporate Debtor is

Incorporated/registered

Registrar of Companies (Mumbai)

/|imited Liability identity

4. Corporate Identity Number U74999MH2009PTC197147

(ifAny) of Corporate Debtor

5. Address of The Registered 105, Heera Panna Industrial Estate, Off.

Office And Principal Office AareyRoad,Goregav(East)Mumbai—400063

6. Date ofClosure of insolvencyResolution Process

9th March, 2019 (18th day from the admission

ofapplication)

7. Liquidation Commencement

Date Of Corporate Debtor

17th May, 2019 (Certified Order received date

in MA984/2019 in CP(IB)527(MB)/2018)

8. Name,

Address,

EmaiiAddress

Telephone NumberAnd

The Registration Number Of

The Liquidator

Jitendrakumar Rambaran Yadav

11, Singh House, 2nd Floor, 23 Ambaial Doshi

Marg, Near Bombay Stock Exchange, Fort,Mumbai400 001

jitendra.yadav0712@gmail.com

09699024004

IBBl/lPA—OOS/vaN00022/2017—18/10169

9. Last Date For Submission Of

Claims

16th June, 2019

Code.

electronic means.

Date : 20th May, 2019

Place : Mumbai

Notice is hereby given that the Hon'ble National Company Law Tribunal (MumbaiBench)has ordered the commencement of liquidation of the MIS Project Master

Electricals Private Limited on 93h May, 2019 (Certified Order received date being17th May, 2019) in MA 984/2019 in CP(IB)527(MB)/2018) under section 33 of the

The Stakehoiders of M/s Project Master Electricals Private Limited are herebycalied upon to submit a proof of their claims, on or before 16th June, 2019, to the

liquidator at the address mentioned against item 8.

The financial creditors shall submit their proof of ciaims by electronic means only.All other stakeholders may submit the proof of claims in person, by post or by

Submission of false or misleading proofs of claim shall attract penaities.

IBBIIIPA-OO3IIP¢N00022l201 7-2018/101 69

3d]-

Jitendrakumar Rambaran Yadav

Liquidator