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Aksh Optifibre

BSE: 532351  |  NSE: AKSHOPTFBR  |  ISIN: INE523B01011  |  Cables - Telephone
    
 

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17 Apr 2009 13:18

NSE Announcements on Aksh Optifibre

Posted by : MMB Messenger
Price when posted : [Aksh Optifibre - BSE:Rs. 12.00 NSE:Rs. 8.50 when posted]

Aksh Optifibre Limited has submitted to the Exchange the result of postal ballot declared on April 15, 2009. A copy 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). ...

27 Mar 2009 16:57

NSE Announcements on Aksh Optifibre

Posted by : MMB Messenger
Price when posted : [Aksh Optifibre - BSE:Rs. 9.99 NSE:Rs. 8.50 when posted]

Aksh Optifibre Limited has informed the Exchange that pursuant to Section 192A of the Companies Act, 1956 read with Companies ( Passing of Resolution by Postal Ballot) Rule 2001 the Company is seeking consent of its members through Ordinary and Special Resolution at Item no.1 and 2 respectively proposed to be passed by Postal Ballot in respect of the following business: 1) Ordinary Resolution for sale of undertaking under Section 293 (1) (a) of the Companies Act, 1956. 2) Special Resolution for the re-appointment of Dr. Kailash S. Choudhari as Managing Director for a further period of 3 years w.e.f. April 1, 2009. Ms. Pooja Anand, Practicing Company Secretary has been appointed as Scrutinizer for conducting the Postal Ballot Process. The duly completed postal ballot forms should reach the scrutinizer on or before the close of working hours on April 11, 2009. The scrutinizer will submit her report to the Managing Director of the Company and in his absence to Mr. B.R.Rakhecha, Director of the Company after completion of the scrutiny. The results of the voting by Postal Ballot shall be declared on April 15, 2009. A copy of Notice of the Postal Ballot shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements)....

23 Mar 2009 17:59

NSE Announcements on Aksh Optifibre

Posted by : MMB Messenger
Price when posted : [Aksh Optifibre - BSE:Rs. 11.15 NSE:Rs. 8.50 when posted]

Aksh Optifibre Limited has informed the Exchange that: "Dr. Kailash S. Choudhari, Managing Director, of the Company has purchased 230,000 equity shares of the Company between March 09, 2009 to March 13, 2009 (both days inclusive). Therefore, his shareholding after the above transaction is 7751906 equity shares aggregating to 13.146% of the total issued, subscribed and paid-up equity share capital of Company". ...

20 Mar 2009 23:15

Notice of postal ballot

Posted by : vkk43
Price when posted : BSE: Rs 10.56 ( 9.43 % ), NSE: Rs. 10.55 ( 25.60 % )

Aksh Optifibre Ltd has informed BSE that the members of the Company will consider to approve the Resolutions through Postal ballot....

20 Mar 2009 19:23

BSE Announcements on Aksh Optifibre

Posted by : MMB Messenger
Price when posted : [Aksh Optifibre - BSE:Rs. 10.56 NSE:Rs. 8.50 when posted]

Aksh Optifibre Ltd has informed BSE that the members of the Company will consider to approve the Resolutions through Postal ballot....

09 Mar 2009 15:24

NSE Announcements on Aksh Optifibre

Posted by : MMB Messenger
Price when posted : [Aksh Optifibre - BSE:Rs. 8.95 NSE:Rs. 8.50 when posted]

Aksh Optifibre Limited has informed the Exchange vide its letter dated March 05, 2009, that: "At its meeting held today on 5th day of March, 2009, the Board of Directors of the Company has, inter alia, decided/approved the following matters: 1) To transfer by way of sale, lease or otherwise dispose off, as going concerns, the whole, or substantially the whole, of the Manufacturing undertakings of the company engaged in manufacture of Optic Fibre, Optic Fibre Cable, FRP Rods and other telecom cables at its manufacturing facilities located at: (i) Plot No. F-1075-81, RIICO Indl Area, Phase-III, Bhiwadi; (ii) Plot No. A 315 (B), RIICO Indl Area, Phase-II, Bhiwadi; (iii) Plot No. A-58-59, RIICO Indl Area, Kathushyamji, Reengus to its Wholly Owned Subsidiary namely AKSH TECHNOLOGIES LIMITED, a company incorporated under the Companies Act, 1956 having its registered office at 1080, RIICO Indl. Area, Phase III, Bhiwadi - 301 019. 2) The Company shall seek requisite approval of shareholders under section 293(1) (a) of the Companies Act, 1956 by postal ballot"....

06 Mar 2009 23:34

Outcome of Board Meeting.

Posted by : vkk43
Price when posted : BSE: Rs 8.96 ( 2.99 % ), NSE: Rs. 8.85 ( 5.36 % )

Aksh Optifibre Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 05, 2009, inter alia, has decided / approved the following:
1. To transfer by way of sale, lease or otherwise dispose off, as going concerns, the whole, or substantially the whole, of the Manufacturing undertakings of the Company engaged in manufacture of Optic Fibre, Optic Fibre Cable, FRP Rods and other telecom cables at its manufacturing facilities located at:

(1) Plot No. F-1075-81, RIICO Indl Area, Phase-III, Bhiwadi
(ii) Plot No. A 315(B), RIICO Indl Area, Phase-II, Bhiwadi
(iii) Plot No. A-58-59, RIICO Indl Area, Kathushyamji, Reengus

to its Wholly Owned Subsidiary namely AKSH TECHNOLOGIES LTD, a Company incorporated under the Companies Act, 1956 having its registered office at 1080, RIICO Indl. Area, Phase III, Bhiwadi -301 019.
2. The Company shall seek requisite approval of shareholders under section 293(1)(a) of Companies Act, 1956 by postal ballot....

06 Mar 2009 19:14

BSE Announcements on Aksh Optifibre

Posted by : MMB Messenger
Price when posted : [Aksh Optifibre - BSE:Rs. 8.96 NSE:Rs. 8.50 when posted]

Aksh Optifibre Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 05, 2009, inter alia, has decided / approved the following:

1. To transfer by way of sale, lease or otherwise dispose off, as going concerns, the whole, or substantially the whole, of the Manufacturing undertakings of the Company engaged in manufacture of Optic Fibre, Optic Fibre Cable, FRP Rods and other telecom cables at its manufacturing facilities located at:

(1) Plot No. F-1075-81, RIICO Indl Area, Phase-III, Bhiwadi
(ii) Plot No. A 315(B), RIICO Indl Area, Phase-II, Bhiwadi
(iii) Plot No. A-58-59, RIICO Indl Area, Kathushyamji, Reengus

to its Wholly Owned Subsidiary namely AKSH TECHNOLOGIES LTD, a Company incorporated under the Companies Act, 1956 having its registered office at 1080, RIICO Indl. Area, Phase III, Bhiwadi -301 019.

2. The Company shall seek requisite approval of shareholders under section 293(1)(a) of Companies Act, 1956 by postal ballot....

03 Mar 2009 18:48

Board Meeting rescheduled

Posted by : vkk43
Price when posted : BSE: Rs 8.91 ( 1.71 % ), NSE: Rs. 8.75 ( 4.17 % )

Aksh Optifibre Ltd has informed BSE that due to certain unavoidable circumstances the Board meeting scheduled for March 04, 2009 has been postponed and the rescheduled meeting will now be held on March 05, 2009 to reconsider the various options available for hiving off the Manufacturing Operations into a separate Company....

03 Mar 2009 18:16

BSE Announcements on Aksh Optifibre

Posted by : MMB Messenger
Price when posted : [Aksh Optifibre - BSE:Rs. 8.91 NSE:Rs. 8.50 when posted]

Aksh Optifibre Ltd has informed BSE that due to certain unavoidable circumstances the Board meeting scheduled for March 04, 2009 has been postponed and the rescheduled meeting will now be held on March 05, 2009 to reconsider the various options available for hiving off the Manufacturing Operations into a separate Company....

25 Feb 2009 19:05

BSE Announcements on Aksh Optifibre

Posted by : MMB Messenger
Price when posted : [Aksh Optifibre - BSE:Rs. 8.74 NSE:Rs. 8.50 when posted]

Aksh Optifibre Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on March 04, 2009, to reconsider the various options available for hiving off the Manufacturing Operations into a separate Company....

10 Feb 2009 13:36

NSE Announcements on Aksh Optifibre

Posted by : MMB Messenger
Price when posted : [Aksh Optifibre - BSE:Rs. 8.71 NSE:Rs. 8.50 when posted]

Aksh Optifibre Limited has submitted to the Exchange a disclosure pursuant to Regulation 8A(4) of the SEBI Substantial Acquisition of Shares and Takeovers (Amendment) Regulations, 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). ...

05 Feb 2009 16:53

BSE Announcements on Aksh Optifibre

Posted by : MMB Messenger
Price when posted : [Aksh Optifibre - BSE:Rs. 8.90 NSE:Rs. 8.50 when posted]

Aksh Optifibre Ltd has informed BSE about the Unaudited financial results for the Quarter ended December 31, 2008.
...

30 Jan 2009 10:47

NSE Announcements on Aksh Optifibre

Posted by : MMB Messenger
Price when posted : [Aksh Optifibre - BSE:Rs. 8.63 NSE:Rs. 8.50 when posted]

Aksh Optifibre Limited has informed the Exchange that: "Dr. Kailash S. Choudhari, Managing Director, of the Company has purchased 200,000 equity shares of the Company between 22nd December 2008 to 23rd January, 2009 (both days inclusive). Therefore, his shareholding after the above transaction is 7521906 equity shares aggregating to 12.756% of the total issued, subscribed and paid-up equity share capital of Company". ...

16 Jan 2009 10:46

Accumulate Aksh

Posted by : steve_jobs
Price when posted : BSE: Rs 8.70 ( 3.57 % ), NSE: Rs. 8.65 ( 2.37 % )

Looking better than IOL Netcom at sub 10 levels. Not much downward risk from here. Buy it in large quantities for greater returns....