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NSE Announcements on Aries Agro
Posted by :
MMB MessengerAries Agro Limited has informed the Exchange regarding the outcome of the meeting of the Board of Directors of the Company held on July 31, 2009: 1) The Board recommended the appointment of Mr. Akshay Mirchandani as a Director at the ensuing Annual General Meeting. 2) The Board recommended the re-appointment of Dr. Jimmy Mirchandani as Chairman & Managing Director and Dr. Rahul Mirchandani as Executive Director w.e.f. October 1, 2009 for a period of 3(three) years at the ensuing Annual General Meeting. 3) The Board recommended seeking approval of the Members at the ensuing Annual General Meeting for deviation in the utilization of the IPO Funds. 4) The Board decided to call for the Annual General Meeting on September 29, 2009. 5) The Board approved revised Code of Conduct for Prevention of Insider Trading. 6) The Board accepted the resignation of Dr. S. R. Ganesh from the Directorship of the Company w.e.f. July 31, 2009....
BSE Announcements on Aries Agro
Posted by : MMB Messenger
Aries Agro Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 31, 2009, inter alia, has transacted the following:
1. The Board recommended the appointment of Mr. Akshay Mirchandani as a Director at the ensuing Annual General Meeting.
2. The Board recommended the re-appointment of Dr. Jimmy Mirchandani as Chairman & Managing Director and Dr. Rahul Mirchandani as Executive Director w.e.f. October 01, 2009 for a period of 3(three) years at the ensuing Annual General Meeting.
3. The Board recommended seeking approval of the Members at the ensuing Annual General Meeting for deviation in the utilization of the IPO Funds.
4. The Board decided to call for the Annual General Meeting on September 29, 2009.
5. The Board approved revised Code of Conduct for Prevention of Insider Trading.
6. The Board accepted the resignation of Dr. S R Ganesh from the Directorship of the Company w.e.f. July 31, 2009....
BSE Announcements on Aries Agro
Posted by : MMB MessengerAries Agro Ltd has informed BSE that Dr. S R Ganesh, Director (Independent) has resigned from the Directorship of the Company due to compelling personal and professional reasons w.e.f. July 31, 2009 and his resignation has been accepted by the Board of Directors in their meeting held on July 31, 2009....
NSE Announcements on Aries Agro
Posted by : MMB MessengerAries Agro Limited has informed the Exchange vide notes to Accounts in the Audited Financial Results for the year ended March 31,2009 (taken on record by the Board of Directors of the Company at its meeting held on June 26, 2009) that "As regards the comment of the Auditors in their Audit Report regarding compliance with the Accounting Standard 15 in respect of Retirement benefits, the Company has already opted for the gratuity fund administered by Life Insurance Corporation of India, Mumbai for the employees of the Company. Further, as regards the leave encashment, the same is only for Managerial staff and is accounted on cash basis"....
BSE Announcements on Aries Agro
Posted by : MMB MessengerAries Agro Ltd has informed BSE about the Audited Standalone & Consolidated financial results for the Year ended March 31, 2009. ...
Aries Agro U/C
Posted by :
amkanFROM BSE INDIA SITE.EQUITY CIRCUITS...
Aries Agro U/C
Posted by :
GAGAN77Has it hit the upper circuit today(10%)? Can someone tell from where to get the information about circuits of different securities?...
Technical Alerts
Posted by : BAZEEGAR
Name..................:Aries Agro Ltd
Event.................: Head and Shoulders Bottom
Close at Event........:52
Target Price Range....:63
Opportunity Type......:Long-Term Bullish ..
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Note : although utmost care has been taken in preparing the above alert, recommandation may not be suitable for all investors. Investors must make their own investment decisions using their independent advisors....
short term target
Posted by :
Divyadeep
should not stop below 80 Rs now !!
a definite buy. however the cap will be revised from 20 to 10%...
Should move up on monsoon talks
Posted by : prjayachandran
The stock has been recommended as a medium term buy in Hindu BusinessLine dated 24 May 09.
I too feel that this will be a good buy even from a short term point of view in view of the focus next shifting to progress of monsoon after the just concluded Cabinet creation. The fact that monsoon has already established in Kerala a week ahead of schedule and that it will be a normal monsoon will see agriculture related shares rally next after the strong rally seen in banks and metals.
The quartely results of the company has been chequered in the past and net profits have not been consistent as with most agri-chemical companies. The EPS for last four quarters has been Rs. 9.70.
The company should see steady profits after its recent memorandum of understanding with Multi Commodity Exchange to promote its products among farmers through Gramin Suvidha Kendra (GSK) - a joint initiative between India Post and MCX.
The company is a speciality company and is a manufacturer and marketer of plant and animal micronutrients. Its IPO in December 2007 was at Rs.120 per share.
The share has resistances at Rs,45, Rs.47 and Rs.52 beyond which it can rally sharply upwards....
NSE Announcements on Aries Agro
Posted by : MMB MessengerAries Agro Limited has informed the Exchange that "The Company has entered into an Agreement with Multi Commodity Exchange of India Limited (MCX) for Promotion and Sales of the products of the Company through the Gramin Suvidha Kendra (GSK) a joint initiative of India Post and Multi Commodity Exchange of India Limited (MCX). This Agreement will provide immediate access to 160 Branch Post Offices serving 768 Villages in 5 States of Maharashtra, Madhya Pradesh, Uttar Pradesh, Gujarat and Karnataka, which are currently part of the GSK Network. This Network shall be expanded over a period of time"....
BSE Announcements on Aries Agro
Posted by : MMB Messenger
Aries Agro Ltd has informed BSE that the Company has entered into an Agreement with Multi Commodity Exchange of India Ltd (MCX) For Promotion and Sales of the products of the Company through the Gramin Suvidha Kendra (GSK) a joint initiative of India Post and Multi Commodity Exchange of India Ltd (MCX).
This Agreement will provide immediate access to 160 Branch Post offices serving 768 Villages in 5 States of Maharashtra, Madhya Pradesh, Uttar Pradesh, Gujarat and Karnataka, which are currently part of the GSK Network....
futureprospects of the company
Posted by : gnpgog
dear sir,
you may buy some more shares at lower level as in long term it appears your cost price of 44 are likely to come ....
futureprospects of the company
Posted by : Guest
ihavebought 2000 shares @ 44/-. what is future prospect of the share
...
BSE Announcements on Aries Agro
Posted by : MMB Messenger
Aries Agro Ltd has informed BSE that the Audited Results for the year ended March 31, 2009 of the Company will he published on or before June 30, 2009 i.e. within 3 months
of the closure of the Financial Year. As such the Company is not publishing the Un-audited
Results of the Company for the 4th Quarter ended March 31, 2009....
