Havells Lloyd announces partnership for Chandigarh Golf League

Havells India Limited, a leading Fast Moving Electrical Goods (FMEG) Company, announced its long-standing partnership with Chandigarh Golf Club (CGC) for the prestigious Chandigarh Golf League, started on September 26. The four-week extravaganza will see as many as 21 teams & 378 players compete in a league-cumknock out format with 18 players representing each side. Each team was given 10 owner's picks with the balance picked from the player pool during the Player Auction held on August 18.

The league will see the 21 teams split into 3 groups in the round-robin stage with each team playing all others in their group. The top twelve teams will qualify for the Super 12 knockout stage which will played in the third week of October. The top four teams will get a bye into the quarter-final with the balance four joining them through a knockout Super 12 pre-quarter final. All matches will be played in both, the morning & afternoon sessions starting at 8:00 AM.

Addressing the media, Col. HS Chahal, President, Chandigarh Golf Club said, "We are delighted to host the second edition of Chandigarh Golf League. Last year's inaugural event was a huge success, and it is the first time in any league that all 20 teams have repeated. We are delighted to welcome Havells as our long-term partner for the Chandigarh Golf League. Their support not only enhances the stature of the league but also ensures that we can continue nurturing golfing talent in the region. Together, we aim to create a legacy in the world of golf."

Speaking about the association, Mr. Ravinder Mantoo (BU Head, Gr.Punjab) said, "Havells has always been supportive of sports and promoting young talent for the future. Our association with the Chandigarh Golf League is a testament to this commitment. We believe in empowering aspiring athletes and providing them with the platform they deserve."

Mr. Brandon de Souza, Tournament Director remarked, "Franchise golf has taken off across the country in a huge way and it is here to stay. We have seen successful editions conducted across the country starting with Kolkata, Gurgaon, Hyderabad, Mumbai, and even tier-two cities like Lucknow & Jamshedpur. Chandigarh has shown the way in the northern part of the country with the huge success of the first edition. The excitement here is palpable."

Shares of Havells India Limited was last trading in BSE at Rs. 1389.35 as compared to the previous close of Rs. 1374.50. The total number of shares traded during the day was 5780 in over 590 trades.

The stock hit an intraday high of Rs. 1395.70 and intraday low of 1376.05. The net turnover during the day was Rs. 8022067.00.

Source : Equity Bulls

Keywords

HavellsIndia INE176B01034 Partnership ChandgarhGolfClub