CERA :Disclosure of events

Disclosure of events under regulation 30 of SEBI (LODR), Regulations, 2015

Board of directors has appointed Shri J. K. Taparia as an additional director (independent) in the Company.

  • Update on Subsidiary Company

We have to inform that Anjali Tiles Limited, Subsidiary Company has further allotted 15,30,000 1% Cumulative Redeemable Preference Shares of Rs. 10/- each to the company.

  • Invitation for ConCall on Quarterly Financial Results

The Company is holding a Conference call on Quarterly Financial Results for the quarter ended 30th June, 2016 on 14th July, 2016.

  • Appointment of Shri J. K. Taparia as an Additional Director

Further, Board of directors has appointed Shri J. K. Taparia as an additional director (independent) in the Company.

  • Update on Subsidiary Company

We have to inform that Anjali Tiles Limited, Subsidiary Company has allotted 15,30,000 1% Cumulative Redeemable Preference Shares of Rs. 10/- each to the company.

  • Analysts’ Meet

We have to inform that the company has scheduled Analysts’ Meet at 04:00 pm on 24th May, 2016 at Mumbai.

  • Proposed Joint Venture with Packcart Packaging LLP

We here by inform you that the details of proposed Joint Venture are as under:

Agreement/Joint venture (JV) with companies:

Sr. No Particulars
1 Name of the entity (ies) with whom agreement/JV is signed; Packcart Packaging LLP
2 Area of agreement/JV Packaging material/ Corrugated Boxes
3 Domestic/international; Domestic
4 Share exchange ration/JV ratio; Proposal received for 51% Share in LLP by Cera Sanitaryware Limited
5 Scope of business operation of agreement/JV; Manufacturing of Corrugated Boxes
6 Details of consideration paid/received in agreement/JV; No consideration paid. Approximately Rs. 72.68 Lacs will be invested
7 Significant terms and conditions of agreement/JV in brief; Yet to be finalized
8 Whether the acquisition would fall within related party transactions and whether the promoter/promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arms length; No. Promoters have no interest in entity being acquired
9 Size of the entity(ies); Estimated project cost Rs. 2.70 Cr.
10 Rationale and benefit expected. Cera will get good quality packing boxes

 

  • Joint Venture with Anjali Tiles Limited

We have to inform you that commercial production at our subsidiary company i.e. Anjani Tiles Limited, Andhra Pradesh commenced from 01-Apr-2016. Confirmations from the authorities are awaited.

  • Public notice in respect of Meeting of Board of Directors to be held on 02-Feb-2016.

NOTICE is hereby given that pursuant to clause 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, meeting of Board of Directors of the Company will be held on Tuesday, the 2nd February, 2016 at Madgul Lounge, 23, Chetla Central Road, Opp. Chetla Park, 2nd Floor, Kolkata – 700 027,  inter-alia to consider and approve Unaudited Financial Results for the quarter and nine months ended December 31, 2015.

  • Notice of closing of trading window for meeting of Board of Directors dated 02-Feb-2016.

In terms of the Code of Insider Trading Regulations of the Company, it is hereby communicated that the TRADING WINDOW for dealing in the Company’s Securities shall remain closed from 20th January, 2016 to the date of board meeting i.e.02-Feb-2016 and 48 hours thereafter, for the promoters, directors, senior managerial personnel and other connected persons of the Company and the Trading Window will reopen on 5th February, 2016.

  • Public notice in respect of Meeting of Board of Directors to be held on 03-May-2016.

NOTICE is hereby given that pursuant to regulation 29 read with regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, meeting of Board of Directors of the Company will be held on Tuesday, the 3rd May, 2016 at Madgul Lounge, 23, Chetla Central Road, Opp. Chetla Park, 2nd Floor, Kolkata – 700 027, inter-alia to consider and approve Audited Financial Results for the quarter and year ended March, 31, 2016.

  • Notice of closing of trading window for meeting of Board of Directors dated 03-May-2016.

In terms of the Code of Insider Trading Regulations of the Company, it is hereby informed that the TRADING WINDOW for dealing in the Company’s Securities shall remain closed from 18th April, 2016 to the date of board meeting i.e. 03-May-2016 and 48 hours thereafter, for the promoters, directors, senior managerial personnel and other connected persons of the Company and the Trading Window will reopen on 6th May, 2016.

  • Resignation of Shri Ashok Chhajed as Director of the Company.

With reference to the regulation 30 of Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby intimate that Shri Ashok Chhajed, Independent Director of the company has resigned as a Director of the Company and he ceased to be a director of the Company w.e.f.  23-Apr-2016.

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