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Jain Irrigation Systems
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NSE Announcements on Jain Irrigation
Posted by :
MMB MessengerTracked by: 0 Boarder
Ashok B Jain (Representative of Promoters Group) has informed the Exchange that Jalgaon Investments Pvt. Ltd. (Corporate entity of Promoters Group represented by Shri Ashok B Jain) proposes to acquire 24,00,000 Equity shares aggregating to 3.32% of the shares/voting rights of Jain Irrigation Systems Limited from Shri. Bhavarlal H Jain. The mode of proposed acquisition is by way of Inter-se Promoter transfer and the date of proposed acquisition is on or after October 11, 2008. The proposed acquisition price per share is proposed to be an off market transaction. The shareholding of Jalgaon Investments Pvt. Ltd. (Corporate entity of Promoters Group represented by Shri Ashok B Jain) after the proposed acquisition would be 16,421,000 shares aggregating to 22.69% of the shares/voting rights of Jain Irrigation Systems Limited. 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). ...
News Update
Posted by :
bhojasTracked by: 0 Boarder
Same name dude!
I usually don`t encourage discussions on my personal id as I get swamped by lots of queries from my members. You can see me here, at my blog or googlegroup.
-manish...
In reply to:
News Update
Posted by :
vway505.
Hey Manish thanx for replying and my name is Manish, can you share with me your emial ID 
BSE Announcements on Jain Irrigation
Posted by : MMB MessengerTracked by: 0 Boarder
Jain Irrigation Systems Ltd has informed BSE that the members at the 21st Annual General Meeting (AGM) of the Company held on September 30, 2008, inter alia, have accorded the following:
1. Approval of Annual Accounts of the Company for the year ended March 31, 2008.
2. Declaration of dividend on Preference Shares and Equity shares of the Company.
3. Re-appointment of Shri. D R Mehta & Shri. R Swaminathan as Directors who retired by rotation.
4. Re-appointment of M/s. Dalal & Shah, Chartered Accountants, Mumbai as Statutory Auditors of the Company.
5. Mortgage of Immovable properties of the Company in favour of lenders as per provisions of Section 293(1)(a) of the Companies Act, 1956.
6. Re-appointment, Remuneration and perquisites payable to Shri. Anil B Jain as Managing Director of the Company for a period of two years w.e.f. October 01, 2008.
7. Re-appointment, Remuneration and perquisites payable to Shri. Ajit B Jain as Joint Managing Director of the Company for a period of two years w.e.f. October 01, 2008.
8. Re-appointment, Remuneration and perquisites payable to Shri. Ashok B Jain as Vice Chairman Director of the Company for a period of two years w.e.f. October 01, 2008.
9. Re-appointment, Remuneration and perquisites payable to Shri. R Swaminathan as Director- Technical of the Company for a period of two years w.e.f. October 01, 2008.
10. Appointment, Remuneration and perquisites payable to Shri. Atul B Jain as Chief Marketing Officer of the Company for a period of two years w.e.f. August 01, 2008.
11. Alteration in Articles of Association of the Company (Increase in number of Directors to 14 and increase in contribution of profits to rural development).
12. Amendment in object clause of Memorandum of Association of the Company by addition of a new clause 47 in object clause (B) of Memorandum of Association of the Company....
News Update
Posted by : vway505.Tracked by: 0 Boarder
Hey Manish thanx for replying and my name is Manish, can you share with me your emial ID...
In reply to:
News Update
Posted by : bhojas
Vway505,
Can you share your name - Its difficult to address you.
At CMP, Jain-irrigation is trading at TTM P/E of 20 which is expensive based on valuations of other stocks in the market. However Jain-Irrigation is a leader and is expected to show very good revenues in another two years. According to brokerage research, its expected EPS for FY10 is 37, so its trading at Forward P/E of 11.
I don't know why you asked - do you still track confidence petro. My answer is yes (I have told you earlier). Its a wealth creator stock in my list. Do see my blog at smart-indian blogspot for all update.
-manish
News Update
Posted by : bhojasTracked by: 0 Boarder
Vway505,
Can you share your name - Its difficult to address you.
At CMP, Jain-irrigation is trading at TTM P/E of 20 which is expensive based on valuations of other stocks in the market. However Jain-Irrigation is a leader and is expected to show very good revenues in another two years. According to brokerage research, its expected EPS for FY10 is 37, so its trading at Forward P/E of 11.
I don't know why you asked - do you still track confidence petro. My answer is yes (I have told you earlier). Its a wealth creator stock in my list. Do see my blog at smart-indian blogspot for all update.
-manish...
In reply to:
News Update
Posted by : vway505.
This stock does not fall when the market falls but at the same time it does not go up when the market recovers, whats the future outlook for the stock and do u still track confidence petro?
News Update
Posted by : vway505.Tracked by: 0 Boarder
This stock does not fall when the market falls but at the same time it does not go up when the market recovers, whats the future outlook for the stock and do u still track confidence petro?...
In reply to:
News Update
Posted by : bhojas
Jain Irrigation plans hub to make micro-irrigation systems
Udumalpet, Sept. 26:
Jain Irrigation Systems Ltd plans to set up a manufacturing hub for micro-irrigation systems, PVC pipes and fruit processing in Tamil Nadu to cater to the Southern States and the export market.
During an organised tour of the company’s facilities at Udumalpet, about 70 km from Coimbatore, Mr F. Shantikumar Katariya, Senior Vice-President, Jain Irrigation, told journalists that the company, one of the largest micro-irrigation systems manufacturers in the world, was expanding its capacity for entire range of plastic products and the R&D for farming systems for a range of horticulture crops at the 1,250-acre facility.
The company has invested over Rs 65 crore at the facility and plans to invest over Rs 100 crore. This would include facilities to expand production of drip irrigation equipment and fruit processing facilities, he said.
Jain Irrigation, which acquired the property in mid-2005, has capacity to manufacture over 12 tonnes irrigation pipes daily, 4.5 tonnes of ducts for OFC cables, and about 22 tonnes of PVC pipes for conveying water and has an extensive R&D facility where it has brought about 700 acres under cultivation for testing various cropping systems for a range of horticulture crops and cotton.
Emerging market in South
Dr S. Narayanan, Vice President – Marketing, Jain Irrigation, said the expansion programme is to make the Udumalpet unit an agro-industrial complex catering to markets in Tamil Nadu, Karnataka and southern parts of Andhra Pradesh.
Drip irrigation equipment such as filters, valves, tanks and equipment for delivering liquid fertilisers would soon be manufactured here. Andhra Pradesh, Tamil Nadu and Karnataka are major emerging markets for drip irrigation equipment with the State Governments announcing support programmes for micro-irrigation.
Jain Irrigation’s turnover in Tamil Nadu currently exceeds Rs 200 crore, with drip irrigation contributing about Rs 100 crore and PVC pipes another Rs 100 crore. The Andhra Pradesh market is twice as big.
Mr Narayanan said with the Central and State Governments subsidising micro-irrigation equipment, owing to its advantage in water conservation, farmers were taking to drip irrigation systems for fruits and vegetables and sugarcane. The company is also looking at encouraging drip irrigation systems for turmeric and cashew.
Tissue culture
Another major area of activity for the company at Udumalpet is the marketing of tissue-cultured banana plants, he said.
Dr V.R. Balasubrahmanyam, Vice President – R&D Farms, Jain Irrigation, said the company markets over 20 lakh banana plantlets annually to farmers in Tamil Nadu.
This would soon be expanded to 35 lakh with additional greenhouse facilities planned at Udumalpet.
The company markets Grande Naine variety of banana plants to farmers in the southern States. The tissue-cultured plants from its main facility in Jalgaon are sent to Udumalpet, where they undergo the transition from lab to field through the greenhouse facilities.
The shoots are then sold to farmers, he said.
The company is looking at setting up post-harvest processing facilities for whole fruits. These would include cold storages, processing sheds and ripening chambers.
It cultivates a range of fruit crops including banana, mango and amla.
source:moneycontrol
News Update
Posted by : bhojasTracked by: 0 Boarder
Jain Irrigation plans hub to make micro-irrigation systems
Udumalpet, Sept. 26:
Jain Irrigation Systems Ltd plans to set up a manufacturing hub for micro-irrigation systems, PVC pipes and fruit processing in Tamil Nadu to cater to the Southern States and the export market.
During an organised tour of the company’s facilities at Udumalpet, about 70 km from Coimbatore, Mr F. Shantikumar Katariya, Senior Vice-President, Jain Irrigation, told journalists that the company, one of the largest micro-irrigation systems manufacturers in the world, was expanding its capacity for entire range of plastic products and the R&D for farming systems for a range of horticulture crops at the 1,250-acre facility.
The company has invested over Rs 65 crore at the facility and plans to invest over Rs 100 crore. This would include facilities to expand production of drip irrigation equipment and fruit processing facilities, he said.
Jain Irrigation, which acquired the property in mid-2005, has capacity to manufacture over 12 tonnes irrigation pipes daily, 4.5 tonnes of ducts for OFC cables, and about 22 tonnes of PVC pipes for conveying water and has an extensive R&D facility where it has brought about 700 acres under cultivation for testing various cropping systems for a range of horticulture crops and cotton.
Emerging market in South
Dr S. Narayanan, Vice President – Marketing, Jain Irrigation, said the expansion programme is to make the Udumalpet unit an agro-industrial complex catering to markets in Tamil Nadu, Karnataka and southern parts of Andhra Pradesh.
Drip irrigation equipment such as filters, valves, tanks and equipment for delivering liquid fertilisers would soon be manufactured here. Andhra Pradesh, Tamil Nadu and Karnataka are major emerging markets for drip irrigation equipment with the State Governments announcing support programmes for micro-irrigation.
Jain Irrigation’s turnover in Tamil Nadu currently exceeds Rs 200 crore, with drip irrigation contributing about Rs 100 crore and PVC pipes another Rs 100 crore. The Andhra Pradesh market is twice as big.
Mr Narayanan said with the Central and State Governments subsidising micro-irrigation equipment, owing to its advantage in water conservation, farmers were taking to drip irrigation systems for fruits and vegetables and sugarcane. The company is also looking at encouraging drip irrigation systems for turmeric and cashew.
Tissue culture
Another major area of activity for the company at Udumalpet is the marketing of tissue-cultured banana plants, he said.
Dr V.R. Balasubrahmanyam, Vice President – R&D Farms, Jain Irrigation, said the company markets over 20 lakh banana plantlets annually to farmers in Tamil Nadu.
This would soon be expanded to 35 lakh with additional greenhouse facilities planned at Udumalpet.
The company markets Grande Naine variety of banana plants to farmers in the southern States. The tissue-cultured plants from its main facility in Jalgaon are sent to Udumalpet, where they undergo the transition from lab to field through the greenhouse facilities.
The shoots are then sold to farmers, he said.
The company is looking at setting up post-harvest processing facilities for whole fruits. These would include cold storages, processing sheds and ripening chambers.
It cultivates a range of fruit crops including banana, mango and amla.
source:moneycontrol...
NSE Announcements on Jain Irrigation
Posted by : MMB MessengerTracked by: 0 Boarder
Jain Irrigation Systems Limited has informed the Exchange regarding the Outcome of Annual General Meeting of the Company was held on September 30, 2008.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 Jain Irrigation
Posted by : MMB MessengerTracked by: 0 Boarder
Ashok B Jain (Representative of Promoters Group) has informed the Exchange that Jalgaon Investments Pvt. Ltd. (Corporate entity of Promoters Group represented by Shri Ashok B Jain) proposes to acquire 730,000 Equity shares aggregating to 1.01% of the shares/voting rights of Jain Irrigation Systems Limited from Shri. Ashok B. Jain and Smt. Jyoti Ashok Jain. The mode of proposed acquisition is by way of Inter-se Promoter transfer and the date of proposed acquisition is on or after October 01, 2008. The proposed acquisition price per share is proposed to be an off market transaction. The shareholding of Jalgaon Investments Pvt. Ltd. (Corporate entity of Promoters Group represented by Shri Ashok B Jain) after the proposed acquisition would be 14,751,000 shares aggregating to 20.38% of the shares/voting rights of Jain Irrigation Systems Limited. 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). ...
Jain Irrigation Systems -SHINING..
Posted by : zoombusinessTracked by: 0 Boarder
BSE
Block Deal
Jain Irrigation Systems 200000 Shares At 393.00 Rs
3 BLOCK DEAL TODAY
...
Jain Irrigation Systems
Posted by : zoombusinessTracked by: 0 Boarder
Another block deal of jain irrigation on NSE ---------
NSE
Block Deal
Jain Irrigation Systems 218890 Shares At 393.00 Rs...
Jain Irrigation Systems
Posted by : zoombusinessTracked by: 0 Boarder
Nse Block Deal
Jain Irrigation Systems 225000 Shares At 393.00 Rs
...
NSE Announcements on Jain Irrigation
Posted by : MMB MessengerTracked by: 0 Boarder
Ashok B Jain (Representative of Promoters Group) has informed the Exchange that Jalgaon Investments Pvt. Ltd. (Corporate entity of Promoters Group represented by Shri Ashok B Jain) proposes to acquire 390,000 Equity shares aggregating to 0.54% of the shares/voting rights of Jain Irrigation Systems Limited from Smt. Jyoti Ashok Jain and Smt. Shobhana Ajit Jain. The mode of proposed acquisition is by way of Inter-se Promoter transfer and the date of proposed acquisition is September 19, 2008. The proposed acquisition price per share is proposed to be an off market transaction. The shareholding of Jalgaon Investments Pvt. Ltd. (Corporate entity of Promoters Group represented by Shri Ashok B Jain) after the proposed acquisition would be 14,021,000 shares aggregating to 19.37% of the shares/voting rights of Jain Irrigation Systems Limited. A 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 Jain Irrigation
Posted by : MMB MessengerTracked by: 0 Boarder
Jain Irrigation Systems Limited has submitted to the Exchange a copy of the Notice of the Annual General Meeting of the Shareholders of the company to be held on September 30, 2008. The 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) ...
BSE Announcements on Jain Irrigation
Posted by : MMB MessengerTracked by: 0 Boarder
Jain Irrigation Systems Ltd has informed BSE that the Annual General Meeting (AGM) of the Company will be held on September 30, 2008....
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