Invitation for concall on Unaudited Financial Result for the quarter and half year ended 30-Sept-2016
Update on Associate LLP
We have to inform you that commercial production at our Associate LLP M/s. Packcart Packaging LLP has started successfully.
Update on Subsidiary Company
We have to inform that Anjali Tiles Limited, Subsidiary Company has allotted 20,40,000 1% Cumulative Redeemable Preference Shares of Rs. 10/- each to the company
Appointment of Shri J. K. Taparia as an Additional Director (29-Jul-2016)
Board of directors has appointed Shri J. K. Taparia as an additional director (independent) in the 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.
The Company is holding a Conference call on Quarterly Financial Results for the quarter ended 30th June, 2016 on 14th July, 2016.
Further, Board of directors has appointed Shri J. K. Taparia as an additional director (independent) in the 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.
We have to inform that the company has scheduled Analysts’ Meet at 04:00 pm on 24th May, 2016 at Mumbai.
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 |
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.
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.
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.
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.
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.
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.
