Cairn India Ltd


BSE: 532792 | NSE: CAIRN | ISIN: INE910H01017 
Market Cap: [Rs.Cr.] 57,318 | Face Value: [Rs.] 10
Industry: Oil Drilling / Allied Services

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Board Meet

22-Apr-13 
Cairn India Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on April 22, 2013, inter alia, to consider Audited Financial Results of the Company for the year ended March 31, 2013. Final Dividend (As Per BSE Bulletin Dated On 15.04.2013) Cairn India Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on April 22, 2013, to consider the recommendation of Final Dividend, if any, for the financial year 2012-2013. (As Per BSE Announcement Dated on 15.04.2013) 
21-Jan-13 
Cairn India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 21, 2013, has appointed Mr. P. Elango, Interim CEO as a Wholetime Director of the Company. 
31-Oct-12 
Cairn India Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 31, 2012, to consider the proposal to declare interim dividend to shareholders. Cairn India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 31, 2012, has declared an Interim Dividend of Rs. 5 per Equity share for the financial year 2012-2013. The Interim Dividend will be paid on or before November 15, 2012. In this regard, the Company has issued a Press Release. (As per BSE Announcement Dated on 31.10.2012)  
22-Oct-12 
Cairn India Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 22, 2012, inter alia, to consider Unaudited Financial Results of the Company for the quarter ended September 30, 2012 (Q2). Cairn India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 22, 2012, has fixed November 06, 2012 as the Record Date for the purpose of payment of Interim Dividend, if any, declared by the Board. (As per BSE Announcement Dated on 22.10.2012)  
23-Jul-12 
Quarterly Results 

AGM

24-Jul-13
AGM : 24.07.2013 
22-Aug-12
Cairn India Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from August 10, 2012 to August 22, 2012 (both days inclusive) for the purpose of Annual General Meeting (AGM) of the Company to be held on August 22, 2012. Cairn India Ltd has informed BSE that the 6th Annual General Meeting (AGM) of the Company will be held on August 22, 2012. (As Per BSE Announcement Dated on 19.07.2012) Cairn India Ltd has informed BSE regarding Voting Results on the business transacted at the Annual General Meeting (AGM) of the Company held on August 22, 2012, under Clause 35A. (For more details kindly refer Corporate Announcements on www.bseindia.com). (As Per BSE Announcement Dated on 23.08.2012) Cairn India Ltd has submitted to BSE a copy of the proceedings at the sixth Annual General Meeting of the Company, held on August 22, 2012. (As per BSE Announcement Dated on 20.09.2012)  
18-Aug-11
Cairn India Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from August 11, 2011 to August 18, 2011 (both days inclusive) for the purpose of Annual General Meeting (AGM) of the Company to be held on August 18, 2011. Cairn India Ltd has informed BSE that the 5th Annual General Meeting (AGM) of the Company will be held on August 18, 2011. (As Per BSE Annoncement Website Dated on 21/07/2011) Cairn India Ltd has informed BSE that the 5th Annual General Meeting (AGM) of the Company was held on August 18, 2011. 1.Adoption of the audited Balance Sheet of the Company as at March 31, 2011 and the Profit and Loss Account for the period ended on that date, together with Reports of Directors? and Auditors? thereon. 2. Re-appointment of Mr. Naresh Chandra as a Director of the Company, liable to retire by rotation. 3. Re-appointment of Mr. Edward T. Story as a Director of the Company, liable to retire by rotation. 4. Re-appointment of M/s. S. R. Batliboi & Co., Chartered Accountant, as the Statutory Auditors of the Company, to hold office from the conclusion of this Annual General Meeting (AGM) until the conclusion of the next Annual General Meeting (AGM) on remuneration, terms & condition. 5. Payment of Commission to the Director(s) of the Company who are neither in the whole time employment nor managing directors(s), for a period of five years from the financial year commencing April 01, 2011, upto 1% of net profits of the Company for such percentage, as may be permissible under law from time to time) as determined in accordance with the provisions of Sections 198, 349 and 350 and other applicable provisions, if any, of the Companies Act, 1956 for each financial year, subject to necessary provisions & approvals. (As Per BSE ANnoncement Website Dated on 15/09/2011) 
15-Sep-10
Cairn India Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from September 08, 2010 to September 15, 2010 (both days inclusive) for the purpose of Annual General Meeting (AGM) of the Company to be held on September 15, 2010. Cairn India Ltd has informed BSE that the 4th Annual General Meeting (AGM) of the Company will be held on September 15, 2010. (As Per BSE Announcement Dated on 19.08.2010) Cairn India Ltd has informed BSE that the 4th Annual General Meeting (AGM) of the Company was held on September 15, 2010. (As Per BSE Announcement Website dated on 08.10.2010) 
18-Aug-09
Cairn India Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from August 11, 2009 to August 18, 2009 (both days inclusive) for the purpose of Annual General Meeting (AGM) of the Company scheduled to be held on August 18, 2009. Cairn India Ltd has informed BSE that the members at the 3rd Annual General Meeting (AGM) of the Company held on August 18, 2009, inter alia, have accorded to the following: 1. Adoption of the Audited Balance Sheet of the Company as at March 31, 2009 and the Profit & Loss Account for the year ended on that date together with Reports of Directors and Auditors thereon. 2. Appointment of Mr. Aman Mehta & Dr. Omkar Goswami, as Directors of the Company, liable to retire by rotation. 3. Re-appointment of M/s. S R Batliboi & Associates, Chartered Accountants, as Statutory Auditors of the Company to hold office from the conclusion of this Annual general Meeting until the conclusion of the next Annual General Meeting of the Company, on remuneration, terms & conditions. 4. Appointment of Mr. Jann Brown & Mr. Edward T Story as Directors of the Company, whose term of office shall not be liable to retirement by rotation. 5. Authority to the Board for transfer of unatilized balance of the Object categories namely (a) consideration to Cairn UK Holdings Ltd (CUHL) (b) contingencies and (c) issue expenses to the Object Category of Development. - Authority to the Board for making changes in the terms of the Prospectus dated December 22, 2006 (the Prospectus) tiled by the Company with the Registrar of Companies, Maharashtra, Mumbai to enable transfer of the unutilized balance of Rupees 5,449 million inter-se to the object category of Development from other object categories. (As Per BSE Announcement Website dated on 18.09.2009) 

EGM

18-Feb-10
Cairn India Ltd has informed BSE that pursuant to an Order made on January 08, 2010, the Hon'ble High Court of Judicature at Bombay has directed that a meeting of the equity shareholders of the Company will be held on February 18, 2010, for the purpose of considering and, if thought fit, approving with or without modification(s), the proposed arrangement embodied in the Scheme of Arrangement between Cairn Energy India Pty Ltd. ('CEIPL'), Cairn Energy India West B.V. ('CE India West'), Cairn Energy Cambay B.V. ('CE Cambay'), Cairn Energy Gujarat B.V. ('CE Gujarat) and Cairn India Ltd ('CIL') and their respective shareholders and creditors. Cairn India Ltd has informed BSE that pursuant to the directions given by the Hon'ble High Court of Bombay under section 391 of the Companies Act, 1956, a meeting of the Equity Shareholders of the Company was held on February 18, 2010, for the purpose of considering and, if thought fit, approving with or without modification(s), the arrangement embodied in the Scheme of Arrangement between Cairn Energy India Pty Ltd., Cairn Energy India West B.V., Cairn Energy Cambay B.V., Cairn Energy Gujarat B.V. and Cairn India Ltd. and their respective Shareholders and Creditors. Further the Company has informed that, at the said meeting, the equity shareholders have approved the Scheme without any modifications with the requisite majority. (As Per BSE Announcement Website dated on 22.02.2010) 
16-Apr-08
Cairn India Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on April 16, 2008, inter alia, to issue and allot up to 11,30,00,000 (Eleven Crores and Thirty Lakhs) equity shares (the "Issue Shares") of Rs 10 (Rupees Ten only) each at a premium of Rs 214.30 (Rupees Two Hundred Fourteen and Paise Thirty only) per Equity Share aggregating to an issue price of Rs 224.30 (Rupees Two Hundred Twenty Four and Paise Thirty only) per share for an aggregate investment value of Rs 2,534,59,00,000 (Rupees Two Thousand Five Hundred Thirty Four Crores and Fifty Nine Lakhs Only), on the data of allotment of the Issue Shares to the Investors and / or their wholly owned subsidiaries, subject to necessary provisions & approvals. Cairn India Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on April 16, 2008, inter alia, have approved the Preferential Issue of 11,30,00,000 (Eleven crores and Thirty Lakh) Equity shares of the Company of face value of Rs 10/- each at a premium of Rs 214.30 per equity shares aggregating to Rs 2534.59 Crores to Petronas International Corporation Ltd and Orient Global Tamarind Fund Pte Ltd. (As per BSE Announcement Website dated on 19/04/2008) 
10-Oct-07
Cairn India Ltd has informed BSE that the shareholders of the Company, by way of Postal Ballot, have approved the resolution at the deemed Extra Ordinary General Meeting (EGM) held on October 10, 2007, by authorizing the Board of Directors to sell, lease of otherwise dispose of the whole / substantially the whole of an undertaking of the Company and / or to create charge and / or mortgage on the assets of the Company in favor of lenders. Cairn India Ltd has informed BSE that the shareholders of the Company, by way of Postal Ballot, have approved with requisite majority, the resolution at the deemed Extra Ordinary General Meeting (EGM) of the Company held on October 10, 2007, authorizing for mortgaging and / or charging by the Board of Directors of the Company of all the immovable and / or movable properties of the Company, wheresoever situate, both present and future and / or whole or substantially the whole of the undertaking(s) of the Company to or in favour of any public or private financial institutions, banks, mutual funds, bodies corporate or any other person whomsoever participating in extending financial assistance, to secure any term loans, working capital facilities, debentures or any other type of financial assistance, not exceeding Rs 1500 Crores (Rupees One Thousand five hundred Crores only) lent and advanced / to be lent and advanced by them, together with interest, compound interest, additional interest, liquidated damages, premia on prepayment or on redemption, costs, charges or expenses or monies payable by the Company to them under loan agreements / letters of sanction / debenture trust deed etc, subject to necessary provisions & approvals. (As per BSE Announcement website dated on 27/10/2007) 

Peer Comparison

Company Market Cap
(Rs. in Cr.)
P/E (TTM)
(x)
P/BV (TTM)
(x)
EV/EBIDTA
(x)
ROE
(%)
ROCE
(%)
D/E
(x)
O N G C 290,886.32 12.55 2.58 5.59 23.9 28.4 0.02
Cairn India 57,317.95 8.63 1.68 405.13 -0.4 0.0 0.04
Oil India 35,421.59 10.83 1.96 3.27 20.7 29.1 0.03
Aban Offshore 1,413.97 422.14 0.79 13.12 -9.2 4.3 1.24
Hind.Oil Explor. 919.30 16.12 0.76 18.19 2.8 3.0 0.50
Jindal Drilling 553.92 9.16 0.98 7.65 10.9 16.7 0.00
Selan Expl. Tech 405.64 8.98 1.64 5.38 23.3 32.0 0.13
Shiv-Vani OilGas 181.04 1.50 0.18 6.39 7.1 11.2 2.41
Dolphin Offshore 157.05 10.59 0.63 5.69 6.6 11.1 0.48
Interlink Petro 55.57 0.00 1.48 0.00 0.0 0.0 0.78
Asian Oilfield 23.75 0.00 0.29 0.00 -10.3 -10.6 0.18
Alphageo (India) 18.48 0.00 0.39 8.61 -10.6 -10.1 0.04
Duke Offshore 12.82 5.88 2.16 1.68 58.3 62.7 0.48
Exxoteq Corpn. 2.43 0.00 0.28 0.00 0.0 0.0 6.17
Geologging Inds 1.61 8.06 0.49 0.00 3.1 8.7 0.54

Futures & Options Quote

 
Expiry Date
301.75 3.00  (1.0%)
Instrument: FUTSTK
Expiry Date: 30 May 2013
Open Price: 302.65
Average Price: 301.90
No. of Contracts Traded: 2,655,000
Open Interest: 12,133,000
Underlying: CAIRN
Market Lot: 1000
Previous Close: 301.75
Day’s High | Low: 303.85 | 299.35
Turnover (Cr.): 80.15
Open Int. Change: -37,000.00 ( [0.3]% )
View detailed F& O quotes >>

Key Information

Key Executives:

Navin Agarwal , Chairman 

Omkar Goswami , Director 

Naresh Chandra , Director 

Edward T Story , Director 


Company Head Office / Quarters:
101 West View,
Veer Savarkar Marg Prabhadevi,
Mumbai,
Maharashtra-400025
Phone : 91-22-24338306
Fax : 91-22-24311160
E-mail : investor.complaints@cairnindia.com
Web : http://www.cairnindia.com
Registrars:
Link Intime India Pvt Ltd
C-13 Pannalal Silk
Mills Cmpd LBS Marg
Bhandup West
Mumbai - 400 078

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