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Patel Integrated Logistics Ltd.

BSE: 526381 | NSE: PATINTLOG |

Represents Equity.Intra - day transactions are permissible and normal trading is done in this category
Series: EQ | ISIN: INE529D01014 | SECTOR: Courier Services

BSE Live

Sep 17, 16:00
22.70 -0.70 (-2.99%)
Volume
AVERAGE VOLUME
5-Day
17,241
10-Day
12,399
30-Day
11,431
8,140
  • Prev. Close

    23.40

  • Open Price

    23.70

  • Bid Price (Qty.)

    0.00 (0)

  • Offer Price (Qty.)

    0.00 (0)

NSE Live

Sep 17, 15:40
22.80 -0.60 (-2.56%)
Volume
AVERAGE VOLUME
5-Day
48,169
10-Day
45,330
30-Day
43,354
40,900
  • Prev. Close

    23.40

  • Open Price

    23.10

  • Bid Price (Qty.)

    0.00 (0)

  • Offer Price (Qty.)

    22.80 (46)

Company History - Patel Integrated Logistics
YEAR                       EVENTS
 1962 - The Company was Incorporated on 22nd June, as a Private
 Limited
        Company and was converted into a Public Limited Company on
 7th
        February, 1990.
 
      - The Company was promoted by Asgar S. Patel, of the Patel
 group.
        The Company has a network in India comprising 1100 outlets
 across 
        the country with complete infrastructure and process system.
        The Company owns 66 trucks and has another 300 trucks attached
 to
        it.  The Company is estimated to carry goods worth Rs.5000
 crores
        annually.  It has been registered as Multimodal Transport 
        Operator with the government of India.
 
      - The Company has diversified into exports of seafoods, leather
 
        goods, granite, garments, engineering good and medical
 equipment.
        An institution viz. Patel Institute of Transport Management
 and
        Research imparts training in transport management and related
 
        fields besides offering consultancy services to the corporate 
   
        sector.
 
      - The company is engaged in the Business of surface cargo
        transportation of goods, export of sea foods, leather goods,
        granite, garments, engineering goods, medical equipment etc.
 
 1992 - The Company undertook to invest in express cargo services,
        multimodal transport services.  Its fleet of vehicles was
 being
        doubled to Cata to East and North Eastern sector and a fleet
 of
        LCVS were being procured for movements of high value and time
        sensitive products.
 
      - 1,00,000 shares allotted to promoters and other shareholders.
 
 1993 - Three division viz. Multimodal transport, Express Cargo and 
        Corporate Logistics services division were set up.
      
      - 30,00,000 Pref. shares allotted to shareholders.  Equity
 shares
        subdivided.  20,00,000 No. of equity shares of Rs.10 each
 were
        then issued at a prem. of Rs.35 per share as follows:
 
      - (i) 1,50,000 shares to NRIs on non-repatriable basis (all
 were
        taken up)
 
      - (ii) 4,00,000 shares to Indian Mutual Funds (all were taken
 up)
 
      - (iii) 1,00,000 shares to shareholders of Wall Street Finance
 Ltd.
        (all were taken up)
 
      - (iv) 1,00,000 shares to employees (all were taken up). 
 Balance
        12,50,000 shares were issued to the public.  20,00,000 bonus 
        shares allotted in prop. 1:1.
 
 1994 - `Transmode' the multimodal division became operational in
 April,
        Clockwork Cargo the express Cargo division became operational
 
        from July providing cargo services from the door step of
        consignor to the doorstep of the consignee.  Under the
 Corporate
        logistics the company offers total distribution package to
 large
        organisation by taking change of goods from manufacturing
 site,
        warehousing, total inventory control and deliveries to retail
        outlets through out the country.  It was proposed to purchase
        100 Ashok Leyland Comet ALCO 1611 trucks and 18 Ashok Leyland
        Comet minor ALCI 3/15 LCVs.  
 
      - In addition, the company proposed to purchase machine tools
 as
        a part of its modernisation programme at its workshop in 
        Bangalore for undertaking total overhauling and re-building
 of
        engines.
 
      - Patel on-board Couriers Ltd., is a subsidiary of the Company.
 
      - The 30,00,000 - 10% Cumulative Convertible preference shares
        are convertible into equity shares in October 1996 (15,00,000
 
        CCPS) and in October 1997 (15,00,000 CCPS).
 
      - During the year the Company started two new divisions viz.
        `Transmode' for carrying on business of Multimodal Transport
        Operations and `Clockwork Cargo' for carrying on business of
        Express Cargo Service.
 
 1996 - Freights turnover declined to Rs.95.30 crores due to mild 
        recession in the economy which affected the working of
 industries
        industrial production and consequently the transporters too.
 
 1997 - Margins came under severe pressure due to substantial increase
 in
        the Operations Cost and losses incurred by the Company.
 
      - 15,00,000 No. of equity shares issued on conversion of 10%
        cumulative convertible pref. shares.
 
 2004
 
 -Arif A Patel ceases to be Managing Director of the company and is
 appointed as Vice Chairman of the company. Syed K Husain appointed as
 Chief Executive and Wholetime Director
 
 2007
 
 -Company has designated a separate E-mail ID titled
 pill_investorservices@patel-india.com exclusively for the Investors'
 Grievances Redressal.
 
 
 
 
 
 
 
 
 
 
 -Company has changed its name from Patel Roadways Ltd. to Patel
 Integrated Logistics Ltd
 
 2008
 - Board has recommended a dividend @ 10% on the paid up equity
 share.
 
 2010
 - Board has recommended a dividend @ 10% on the paid up equity
 share.
 
 2011
 - Board has recommended a dividend @ 10% on the paid up equity
 share.
 
 2012
 - Board has recommended a dividend @ 10% on the paid up equity
 sharecapital of the Company & also recommended special dividend of
 Rs.0.20/- (i.e.2%) per equity share to commemorate the Golden Jubilee
 year of the Company, aggregating to dividend of Re.1.20/- (i.e. 12%)
 per equity share.
 
 2013
 - The company has Recommended the dividend @ Rs. 0.50 per equity
 share i.e. 5% on equity share capital of the Company
 
 2014
 - Recommended the dividend @ Rs. 0.50 per equity share i.e. 5% on
 equity share capital of the Company