Online
|
|
NSE Announcements on Adhunik Metalik
Posted by :
MMB MessengerAdhunik Metaliks Limited has informed the Exchange regarding declaration under Regulation 13(3) & (6) of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 1992. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements)....
NSE Announcements on Adhunik Metalik
Posted by : MMB MessengerAdhunik Metaliks Limited has informed the Exchange that the Board of Directors at its meeting held on May 28, 2009 has appointed Mr. Surendra Mohan Lakhotia as an Independent Additional Director of the Company w.e.f. May 28, 2009. Further, the Board also approved the following, (1) To convert and allot 81,54,000 nos. of fully/compulsorily convertible Debentures of Rs. 122.64 p. issued to M/s. Clearwater Capital Partners (Cyprus) Limited into 81,54,000 nos. of fully paid equity shares of face value of Rs. 10/- each, ranking pari-passu with existing shareholders of the Company. (2) To convert and allot 61,20,567 fully paid zero coupon convertible warrants of Rs. 118/- each into 61,20,567 fully paid equity shares of face value of Rs. 10/- each to promoters, directors and their relatives in terms of the issue, ranking pari-passu with the existing shareholders of the Company....
BSE Announcements on Adhunik Metalik
Posted by : MMB Messenger
Adhunik Metaliks Ltd has informed BSE that the Board of Directors of the Company at its meeting held May 28, 2009, has appointed Mr. Surendra Mohan Lakhotia as an Independent Additional Director of the Company w.e.f. May 28, 2009.
Further the Board also approved the following:
1. To convert and allot 81,54,000 nos. of fully / compulsorily convertible Debentures of Rs 122.64 p. issued to M/s. Clearwater Capital Partners (Cyprus) Ltd into 81,54,000 nos. of fully paid equity shares of face value of Rs 10/- each, ranking pari-passu with existing shareholders of the Company.
2. To convert and allot 61,20,567 fully paid zero coupon convertible warrants of Rs 118/- each into 61,20,567 fully paid equity shares of face value of Rs 10/- each to promoters, directors and their relatives in terms of the issue, ranking pari-passu with the existing shareholders of the Company....
BSE Announcements on Adhunik Metalik
Posted by : MMB MessengerAdhunik Metaliks Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 28, 2009, to consider and approve conversion of Fully Convertible Debentures issued to Clearwater Capital Partners (Cuprus) Ltd and Share Warrants issued to promoters & promoter groups and to take on other agenda items....
ADHUNIK-the next tata steel in the making
Posted by :
j2eeprofessionatalk sense man...what makes you say like this? Before making such statements sharing the prospects of the company with the fellow boarders would make more sense. On what basis are you saying that it is the next tata steel?...
ADHUNIK-the next tata steel in the making
Posted by :
jmjmjthis stock will touch 300 in a years time...
NSE Announcements on Adhunik Metalik
Posted by : snack
The company has opted to declare the full year`s audited results instead of an unaudited 4th Qtr results. This looks like gaining some time and avoid displaying their results to investors now - particularly when the prices seem to be on the high side.
Do read this recent article in the Economic Times
economictimes dot indiatimes dot com/Markets/Analysis/Investors_wary_of_cos_delaying_Q4_results/articleshow/4437303.cms
23 Apr 2009, 0100 hrs IST, Apurv Gupta, ET Bureau
MUMBAI: Market participants are increasingly becoming wary about the large number of companies that are looking to declare their full-year audited Pick stocks on fundamentals results without declaring the unaudited results by the end of April. They are of the opinion that the fourth quarter (Q4) results should be declared the way the results for the previous three quarters are declared. This practice, they think, works against the interest of the retail investors.
In line with the current practice, companies have the option of declaring their fourth quarter figures a month after they close their books. They can also choose to avoid this and instead release their full-year financial audited results in three months after the end of the accounting year. For instance, if a company is following the April-March financial year, it can file its quarterly results by the end of April or its full year audited numbers by the end of June.
The practice keeps the investors in the dark for about five months. “By choosing to publish the annual results in 90 days, companies could avoid disclosing critical information for a few more months,” says the research head of a domestic broking firm.
...
Buy Adhunik
Posted by : retrobroker
HAVE picked this up at 37 - hoping to see this hit UC for sometime..... target
t1 - 48 , t2 - 60...
NSE Announcements on Adhunik Metalik
Posted by : MMB MessengerAdhunik Metaliks Limited has informed the Exchange that: :"We shall be publishing the Audited Financial Results of the Company for the accounting year ended 31st March 2009 within 3 months from the closure of the accounting year in compliance with Clause 41 (d)(ii) of the Listing Agreement. In view of the above, we are not separately publishing the un-audited financial results for the quarter ended 31st March 2009"....
BSE Announcements on Adhunik Metalik
Posted by : MMB Messenger
Adhunik Metaliks Ltd has informed BSE that the Company shall be publishing the audited financial results of the Company for the accounting year ended March 31, 2009 within 3 months from the closure of the accounting Year.
In view of the above, the Company is not publishing the unaudited financial results for the quarter ended March 31, 2009....
NSE Announcements on Adhunik Metalik
Posted by : MMB MessengerAdhunik Metaliks Limited has informed the Exchange that Mr. Anand Sharma has been appointed as the Company Secretary & Compliance Officer of the Company w.e.f. April 01, 2009. Further, Mr. Sougata Sengupta, Company Secretary & Compliance Officer has been released from the services of the Company w.e.f. April 01, 2009....
Buy Adhunik
Posted by : ankitshah6373Buy Adhunik Metal and target 60rs just 1 Month....
Adhunik Metaliks Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 28, 2009, on the recommendation of Remuneration Committee and subject to the approval of shareholders, has re-appointed Mr. Manoj Kumar Agarwal for a period of 5 years commencing from March 16, 2009. ...
NSE Announcements on Adhunik Metalik
Posted by : MMB MessengerAdhunik Metaliks Limited has submitted to the Exchange a copy of the disclosure pursuant to Section 302 of the Companies Act, 1956 for Re-appointment of Mr. Manoj Kumar Agarwal as Managing Director. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements)....
BSE Announcements on Adhunik Metalik
Posted by : MMB MessengerAdhunik Metaliks Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 28, 2009, on the recommendation of Remuneration Committee and subject to the approval of shareholders, has re-appointed Mr. Manoj Kumar Agarwal for a period of 5 years commencing from March 16, 2009....
