Online
|
|
Products & Services-
Posted by :
BAZEEGARCompany is engaged in the manufacture and sale of Sugar, Industrial Alcohol and Spirits, Canned Fruits and Vegetables etc. Through organic and inorganic modes of growth, the Company has cautiously but consistently grown from a single unit sugar manufacturing company to a company having four sugar manufacturing units with an aggregate crushing capacity of about 28,700 tonnes of sugarcane per day, two Distilleries producing 160 kilo litre per day (KLPD) of industrial alcohol/ethanol, three Co-generation Power Plants with a total capacity of 60 MW Power, Bio-Compost plant producing organic fertilizer....
Company overview-
Posted by : BAZEEGARThe Company belongs to the K.K. Birla Group. Oudh Sugar was set up in 1932 at Mumbai and initially a sugar mill was set up at Hargaon, Dist. Sitapur (U.P.). In the year 1976, Oudh Sugar purchased a sugar factory at Rosa in UP from Carew & Company Ltd having a crushing capacity of 1,000 tones per day. In 1980, its unit was transferred to a new company Akola Oil Industries Ltd as on 1st, July. After the family split following the death of Ghanshyam Das Birla, the K K Birla group was carved out in 1983. In 1984, the New Swadeshi Sugar Mills Ltd was merged with the company with effect from July 1, by order of the Mumbai High Court dated July 16, 1986. As a result, the company acquired one sugar mill and one distillery at Narkatiaganj, one vegetable and fruits canning factory at Allahabad and Macfarlane paints factory at Calcutta...
Oudh Sugar Ltd- BUY
Posted by : BAZEEGAR
Sector - Sugar (diversified)
Regd Off - P.O. Hargaon, Dist. Sitapur (U.P.), Osmills Hargaon Sugar Mills- 261121
Listed - NSE, BSE.
...
NSE Announcements on Oudh Sugar Mill
Posted by : MMB MessengerThe Oudh Sugar Mills Ltd has informed the Exchange that the auditors have conducted the limited review for the un-audited financial results for the quarter ended March 31, 2009. 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 Oudh Sugar Mill
Posted by : MMB MessengerOudh Sugar Mills Ltd has informed BSE that the auditors have conducted the limited review of the unaudited financial results for the quarter ended March 31, 2009....
NSE Announcements on Oudh Sugar Mill
Posted by : MMB MessengerMembers of the Exchange are hereby informed that 268721 partly paid up equity shares of The Oudh Sugar Mills Ltd. has become fully paid up on receipt of balance call money. In view of the above, trading in above fully paid up shares shall be available for trading under the ISIN No. - INE594A01014 w.e.f. May 12, 2009....
NSE Announcements on Oudh Sugar Mill
Posted by : MMB MessengerThe Oudh Sugar Mills Ltd has informed the Exchange vide notes to Accounts in the Unaudited Financial Results for the quarter ended March 31,2009 (taken on record by the Board of Directors of the Company at its meeting held on April 20, 2009) that; "The Auditors in their Report on the Accounts for the year ended 30th June, 2008 had commented upon (i) non adjustment of certain realizations, in earlier years due to pending appeals and (ii) recognition of Deferred Tax Asset (net) and MAT credit entitlement based on future profitability projections, the impact whereof on the aforesaid financial results is not presently ascertainable. During the quarter, because of profits, Deferred Tax asset has got totally adjusted in the books"....
NSE Announcements on Oudh Sugar Mill
Posted by : MMB MessengerThe Oudh Sugar Mills Ltd has informed the Exchange vide notes to Accounts in the Unaudited Financial Results for the quarter ended March 31,2009 (taken on record by the Board of Directors of the Company at its meeting held on April 20, 2009) that during September 2008, the Company had issued 3,998,240 Equity Shares of Rs 10 each at a premium of Rs 50 per share on Rights basis alongwith Detachable Warrant against which Rs.30 per share consisting of Rs.5 towards Share Capital and Rs.25 towards share premium was received. The balance amount of Rs.30 per share have been received during the current quarter, except in respect of 2,53,125 equity shares which have been forfeited due to non-receipt of the call money. Further, the total proceeds of Right issue have been utilised for the purpose for which the money was raised"....
BSE Announcements on Oudh Sugar Mill
Posted by : MMB MessengerOudh Sugar Mills Ltd has informed BSE about the Unaudited financial results for the Quarter ended March 31, 2009....
Buy this share as it can move up further from current level....
Share was recommended at 34/36. Still strong. HOld....
NSE Announcements on Oudh Sugar Mill
Posted by : MMB MessengerThe Oudh Sugar Mills Ltd has informed the Exchange that "The Company had offered 39,98,240 Equity shares of Rs. 10/- each at a premium of Rs. 50/- per Share on rights basis to the existing Equity shareholders of the Company in terms of Letter of Offer dated 31st July 2008. As per the terms of the Offer, a sum of Rs. 30/-(including a sum of Rs 25/- as and by way of premium) per share was payable on application and the balance sum of Rs. 30/- (including a sum of Rs 25/- as and by way of premium) per share was payable as First and Final Call Money on or before January 15, 2009 for which a notice for payment was sent on 22nd December 2008 to all the shareholders. On 5th February 2009 a further notice was sent to the defaulting shareholders for payment of the aforesaid First and Final Call Money along with interest due thereon by 28th February 2009. In spite of the said two notices 570 shareholders holding 2,53,125 shares failed to pay the First and Final call money aggregating to a sum of Rs. 75,93,750. Accordingly, in terms of the provisions of the Articles of Association of the Company and terms of Letter of Offer above referred to the Board of Directors of the Company at its Meeting held on 30th March 2009 has approved forfeiture of the aforesaid 2,53,125 Equity Shares on which First and Final Call Money aggregating to Rs. 75,93,750 has not been paid together with the equal amount paid at the time of application on these shares. At the same time, the Board has also decided to waive off the entitlement of the aforesaid interest as also refund of interest to all those shareholders who had paid the interest in terms of the Notice dispatched on 5th February, 2009 above referred to"....
BSE Announcements on Oudh Sugar Mill
Posted by : MMB Messenger
Oudh Sugar Mills Ltd has informed BSE that the Company had offered 39,98,240 Equity shares of Rs 10/- each at a premium of Rs 50/- per Share on rights basis to the existing Equity Shareholders of the Company in terms of Letter of Offer dated July 31, 2008.
As per the terms of Offer, a sum of Rs 30/- (including a sum of Rs 25/- as and by way of premium) per share was payable on application and the balance sum of Rs 30/- (including a sum of Rs 25/- as and by way of premium) per share was payable as First and Final Call Money on or before January 15, 2009 for which as notice for payment was sent on December 22, 2008 to all the shareholders.
On February 05, 2009 a further notice was sent to the defaulting shareholders for payment of the aforesaid First and Final call Money along with interest due thereon by February 28, 2009, in spite of the said two notices 570 shareholders holding 2,53,125 shares failed to pay the First and Final call money aggregating to a sum of Rs 75,93,750.
Accordingly, in terms of the provisions of the Articles of Association of the Company and terms of Letter of Offer above referred to the Board of Directors of the Company at its Meeting held on March 30, 2009 has approved forfeiture of the aforesaid 2,53,125 Equity shares on which First and Final Call Money aggregating to Rs 75,93,750 has not been paid together with the equal amount paid at the time of application on these shares.
At the same time, the Board has also decided to waive off the entitlement of the aforesaid interest as also refund of interest to all shareholders who had paid the interest in terms of the Notice dispatched on February 05, 2009 above referred to....
Board meeting
Posted by : vkk43Oudh Sugar Mills Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on March 30, 2009, inter alia, to consider forfeiture or otherwise of Equity Shares issued on Rights basis on which first and final Call Money has not been paid by some of the shareholders....
BSE Announcements on Oudh Sugar Mill
Posted by : MMB MessengerOudh Sugar Mills Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on March 30, 2009, inter alia, to consider forfeiture or otherwise of Equity Shares issued on Rights basis on which first and final Call Money has not been paid by some of the shareholders....
