Delta Corp Ltd


BSE: 532848 | NSE: DELTACORP | ISIN: INE124G01033 
Market Cap: [Rs.Cr.] 1,540 | Face Value: [Rs.] 1
Industry: Construction

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Board Meet

25-Apr-13 
Delta Corp Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on April 25, 2013, inter alia, to consider and approve the Audited Financial Results of the Company for the financial year ended March 31, 2013 and to recommend dividend, if any. Delta Corp Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 25, 2013, inter alia, has taken the following decisions : 1. Recommendation of dividend @ 25% i.e. Re. 0.25/- per Equity Share of Re. 1/- each . The dividend will be paid by the Company to the Shareholders with in 30 days from the date of approval of the same by the shareholders at the ensuing Annual General Meeting of the Company, 2. Recommendation of Pro-rata interim dividend paid on redeemed Preference Shares of the Company, as final dividend. (As per BSE Announcement Dated on 26.04.2013) 
30-Jan-13 
Quarterly Results Delta Corp Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 30, 2013, the following decisions were taken: 1. Appointment of Mr. Homi Aibara, as Additional Director of the Company. 2. Acceptance of resignation of Lt. Gen. (Retd.) Noble Thamburaj as Director of the Company. (As Per BSE Announcement Dated on 31.01.2013) 
25-Oct-12 
Quarterly Results Delta Corp Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 25, 2012, inter alia, to consider and take on record, the unaudited Financial Results of the Company for the quarter and half year ended September 30, 2012 & may also consider declaration of interim dividend on Preference Shares of the Company. (As per BSE Announcement Dated on 22.10.2012) Delta Corp Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 25, 2012, has declared of Pro-rata Interim Dividend @ 8% p.a. on Preferences Shares of the Company. (As per BSE Announcement Dated on 26.10.2012) 
31-Jul-12 
Quarterly Results Delta Corp Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 31, 2012, inter alia, have considered the following : 1. Redemption of 1,22,38,535 - 8% Non- Cumulative Redeemable Preference Shares of Rs.10/- each, fully paid-up. (As Per BSE Announcement Website Dated on 01/08/2012) 
27-Apr-12 
Delta Corp Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on April 27, 2012, inter alia, to consider and approve the Audited Financial Results of the Company for the financial year ended March 31, 2012 and to recommend dividend, if any. Delta Corp Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 27, 2012, inter alia, has approved the recommendation of dividend @ 35% i.e. Re. 0.35 per Equity Share of Re. 1/- each and @ 8% i.e. Re. 0.80 per Preference Shares of Rs. 10/- each. (As Per BSE Announcement Dated on 27.04.2012) 

AGM

28-Sep-12
Delta Corp Ltd has informed BSE that the Annual General Meeting (AGM) of the Company was held on September 28, 2012. Delta Corp Ltd has informed BSE regarding the details of Voting results at the Annual General Meeting of the Company held on September 28, 2012, under Clause 35A. (As Per BSE Announcement Dated on 01.10.2012) Delta Corp Ltd has submitted to BSE a copy of minutes of 21st Annual General Meeting of the Company held on September 28, 2012. (As Per BSE Announcement Dated on 09.10.2012)  
26-Sep-11
AGM 26/09/2011 Delta Corp Ltd has informed BSE that Annual General Meeting (AGM) of the Company will be held on September 26, 2011. (As Per BSE Annoncement Website Dated on 07/09/2011) Delta Corp Ltd has informed BSE that the 20th Annual General Meeting (AGM) of the Company was held on September 26, 2011. 1. Adoption of Audited Profit and Loss Account for the year ended March 31, 2011 and the Balance Sheet as at that date together with the Reports of the Board of Directors and the Auditors thereon. 2. Declaration of dividend @ 30% on Equity Share Capital (i.e. Rs. 0.30/- per Equity Share of Re. 1/- each) and @ 8% on Preference Share Capital (i.e. Rs. 0.80/- per Preference Share of Rs. 10/- each) for the financial year ended March 31, 2011. 3. Re- appointment of Mr. Sudarshan Bajoria, Mr. Mahesh Gupta and Lt. Gen. (Retd.) Nobel Thamburaj as Directors, retiring by rotation. 4. Appointment of M/s. Haribhakti & Company and M/s. Amit Desai & Company Chartered Accountants as joint Statutory Auditors of the Company. 5. Appointment of Mr. Rakesh Jhunjhunwala as a Director of the Company, who was appointed as Additional Director of the Company. 6. Approval of members for using intrinsic method of valuation to value options under the DELTACORP ESOS 2009. (As Per BSE Annoncement Website Dated on 26/09/2011) 
27-Sep-10
AGM 27/09/2010 Delta Corp Ltd has informed BSE that the members at the 19th Annual General Meeting (AGM) of the Company held on September 27, 2010, inter alia, have duly approved with the necessary majority: 1. Adoption of Audited Profit and Loss Account for the year ended March 31, 2010 and the Balance Sheet as at that date together with the Reports of the Board of Directors and the Auditors thereon. 2. Declaration of dividend @ 25% on Equity Share Capital (i.e. Rs. 0.25/- per Equity Share of Rs. 1/- each) and @ 8% on Preference Share Capital (i.e. Rs. 0.08/- per Preference Share of Rs. 10/- each) for the financial year ended March 31, 2010. 3. Re-appointment of Mr. Jaydev Mody, Mr. Rajesh Jaggi and Mr. Rajeev Piramal as a Director, retiring by rotation. 4. Appointment of M/s. Amit Desai & Company, Chartered Accountants and M/s. Haribhakti & Company, Chartered Accountants as joint Statutory Auditors of the Company. 5. Appointment of Lt. Gen. (Retd.) Noble Thamburaj as a Director of the Company, who was appointed as an additional Director of the Company. 6. Resolution under Section 81(1A) of the Companies Act, 1956 for further issue of shares. (As Per BSE Announcement Website dated on 27.09.2010) 
25-Sep-09
AGM 25/09/2009 Delta Corp Ltd has informed BSE that the members at the 18th Annual General Meeting (AGM) of the Company held on September 25, 2009, inter alia, have approved the following business: 1. Adoption of Audited Profit and Loss Account for the year ended March 31, 2009 and the Balance Sheet as at that date together with the Reports of the Board of Directors and the Auditors thereon. 2. Declaration of dividend on Rs. 0.20 per Equity Share and Rs.0.08 per Preference Share for the financial year ended March 31, 2009. 3. Re-appointment of Dr. Vrajesh Udani as a Director, who retired by rotation. 4. Re-appointment of Mr. Mahesh Gupta as a Director, who retired by rotation. 5. Appointment of M/s. Amit Desai & Company, Chartered Accountants and M/s. Haribhakti & Company, Chartered Accountants as joint Statutory Auditors of the Company to hold office from the conclusion of this Annual General Meeting until the conclusion of next Annual General Meeting at remuneration as may be decided by the Board of Directors of the Company. 6. Appointment of Mr. Ashish Kapadia as a Director of the Company who was appointed as an additional Director of the Company. (As Per BSE Announcement Website dated on 25.09.2009) 
30-Sep-08
Arrow Webtex Limited has informed the Exchange that the Annual General Meeting of the Company is scheduled to be held on September 30, 2008. Arrow Webtex Ltd has informed BSE that the members at the 17th Annual General Meeting (AGM) of the Company held on September 30, 2008, inter alia, have duly approved all the businesses as specified in the notice convening the meeting with requisite majority. (As per BSE Bulletin dated on 03/10/2008) Arrow Webtex Ltd has informed BSE that the members at the 17th Annual General Meeting (AGM) of the Company held on September 30, 2008, inter alia, have accorded to the following: 1. Adoption of the audited balance sheet as at 31 March 2008 and the profit and loss account for the year ended on that date, together with the reports of the Directors and Auditors thereon be and are hereby received, approved and adopted." 2a. Declaration of dividend @ 8% on the 1,22,38,535 Preference Shares of Rs 10/- each fully paid up for the financial year ended March 31, 2008. b. Declaration of dividend @ 40% on the 13,55,28,130 Equity Shares of Re 1/- each, fully paid up for the financial year ended March 31, 2008. 3. Re-appointment Mr. Jaydev Mody, Mr. Rajeev Piramal & Ms. Ambika Kothari, as Directors of the Company liable to retire by rotation. 4. Re-appointment of M/s. Amit Desai & Co., Chartered Accountants, Mumbai, as the Statutory Auditors of the Company to hold office from the conclusion of this meeting till the conclusion of the next Annual General Meeting, on remuneration terms & conditions. 5. Appointment of Mr. Sudarshan Bajoria, as a Director of the Company. 6. Authority to Board to de-list the equity shares of the Company from the Delhi Stock Exchange Ltd and the Ahmedabad Stock Exchange Ltd, subject to necessary provisions & approvals. (As Per BSE Announcement Website dated on 06.10.2008) 

EGM

16-Jun-12
Delta Corp Ltd has informed BSE that by an Order made on the May 11, 2012, in the above Company Summons for Direction, the Hon'ble High Court of Judicature at Bombay has directed that a meeting of the Members of Delta Corp Ltd, the Applicant Company, be convened and held at Peninsula Centre, No. 4, Galaxy Co-op Housing Society, Off Dhole Patil Road, Pune - 411001, on June 16, 2012 at 3:00 p.m., for the purpose of considering and, if thought fit, approving with or without modification (s), the proposed arrangement embodied in the Scheme of Amalgamation of Richtime Realty Private Limited with the Company and their respective Shareholders and Creditors. Delta Corp Ltd has informed BSE that in accordance with the directions of the Hon'ble High Court of Judicature at Bombay in Company Summons for Direction No. 415 of 2012, the meeting of the equity shareholders of Delta Corp Limited was convened and held at Peninsula Centre, No. 4, Galaxy Co-op Housing Society, Off. Dhole Patil Road, Pune - 411 001 on June 16, 2012 at 3:00 pm. Further the Company has informed that, the equity shareholders have approved the Scheme with requisite majority. (A Per BSE Announcement Website Dated on 18/06/2012) 
16-Oct-10
Delta Corp Ltd has informed BSE that the Extra Ordinary General Meeting (EGM) of the Company will be held on October 16, 2010, inter alia, to issue, offer and allot, on preferential basis, up to 3,92,88,419 Equity Shares (Three Crores Ninety Two Lacs Eighty Eight Thousand Four Hundred Ninteen) and 2,44,24,240 Warrants (Two Crores Forty Four Lacs Twenty Four Thousand Two Hundred Forty) (the 'Subscription Shares and Warrants') of Re. 1/- (Rupee one) each at a premium of Rs.50/- (Rupees Fifty only) per Subscription Share and Warrants, in accordance with SEBI ICDR Regulations and other relevant guidelines/ regulations as may be applicable, to the Subscribers on such terms and conditions and in such manner as the Board may think fit, subject to necessary provisions and approvals. Delta Corp Ltd has informed BSE that the Extra Ordinary General Meeting (EGM) of the Company was held on October 16, 2010. (As Per BSE Announcement Dated on 18.10.2010) With reference to the earlier announcement dated October 18, 2010, regarding Outcome of EGM held on October 16, 2010, Delta Corp Ltd has now informed BSE that with regard to Allotment of Equity Shares to Mr. Ashwin Kedia and Saraswathi Kedia, to whom Equity Shares of M/s. Dhoot Industrial Finance Ltd. were issued the No. of Equity Shares were wrongly typed as 8,00,00,000 instead of 8,00,000 and therefore should be read as 8,00,000 Equity Shares. (As Per BSE Announcement Website dated on 26.10.2010) 
22-Dec-09
Delta Corp Ltd has informed BSE that as per the directions of the Hon'ble High Court of Bombay in Company Application No. 1167 of 2009, meeting of Equity Shareholders of the Company will be held on December 22, 2009, for the purpose of considering and if thought fit, approving, with or without modifications the Scheme. Further, an Extraordinary General Meeting of Equity Shareholders of the Company will be convened and held pursuant to provisions of Section 78 read with Section 100 to 103 of the Companies Act, 1956 on December 22, 2009 after the conclusion of the Court Convened Meeting of the Equity Shareholders for the purpose of considering and if thought fit, approving, with or without modifications the utilization of the balance in the Securities Premium Account as provided in the Scheme. Delta Corp Ltd has informed BSE that an Extraordinary General Meeting of the Preference Shareholders of the Company will be held pursuant to provisions of Section 78 read with Section 100 to 103 of the Companies Act, 1956 on December 22, 2009, for the purpose of considering and if thought fit, approving, with or without modifications the utilization of the balance in Securities Premium Account as provided in the Scheme. Delta Corp Ltd has informed BSE that the Extra Ordinary General Meetings of the Equity Shareholders and Preference Shareholders of the Company were held on Tuesday, December 22, 2009. The business as mentioned in the notice has been duly approved with the necessary majority viz. Reduction in Securities Premium Account of the Company and adjustment of it against Goodwill arising pursuant to the proposed Scheme of Amalgamation between the Company and Delta Hospitality Pvt. Ltd. (As Per BSE Announcement Website dated on 22.12.2009 
22-May-09
Delta Corp Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on May 22, 2009, inter alia, to transact the following business: 1. To offer, issue and allot, (including with provision for reservation on firm and / or competitive basis of such part of issue and for such categories of persons as may be permitted), in the course of domestic / international offering(s) to all eligible investors including Domestic / Foreign Investors, including Domestic / Foreign Institutional, Non-Resident Indians, Corporate Bodies, Trusts, Mutual Funds, Banks, Insurance Companies, Pension Funds, individuals and / or trustees and / or Stabilization Agents or otherwise, whether shareholders of the Company or not, through a public issue and / or on a private placement basis including allotment to qualified institutional buyers by way of Qualified Institutional Placement in terms of the Chapter XIII _ A of the Securities and Exchange Board of India (Disclosure and Investor Protection) Guidelines, 2000 (" Guidelines"), Equity Shares, debentures whether partly / fully convertible and / or securities linked to Equity Shares and / or foreign currency convertible bonds convertible into Equity Shares or depository receipts (GDRs / ADRS) and / or securities convertible into Equity Shares at the option of the Company and / or the holder of such securities and / or Equity Shares through depository receipts (GDRs / ADRs) and / or non-convertible debentures with warrants ("Securities"), secured or unsecured, through prospectus and / or offer letter and or placement memorandum and / or offering circular, upto an aggregate principal amount of Rs 150 Crores, such issue and allotment to be made at such time or times, in one or more tranches, at such price or prices, in such manner and where necessary in consultation with the Lead Managers and / or Underwriters and / or Stabilization Agents and / or other Advisors or otherwise, on such terms and conditions as the Board, may, in its absolute discretion decide at the time of issue of securities, subject to necessary terms & conditions. 2. Appointment and payment of remuneration to Mr. Ashish Kapadia as Managing Director of the Company for a period of 5 years commencing on April 27, 2009 and ending on April 26, 2014, on the remuneration, terms & conditions. Delta Corp Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on May 22, 2009, inter alia, has taken the following decisions: 1. Further issue of Securities in the course of domestic/international offering(s) by way of Q.I.P. in terms of the Chapter XII - A of the SEBI (DIP) Guidelines, 2000, Equity Shares, debentures Whether partly/ fully convertible and/or securities linked to Equity Shares and/or FCCB convertible into Equity Shares or depository receipts (GDRs/ADRs) and/or securities convertible into Equity Shares at the option of the Company and/or the holder of such securities and/or Equity Shares through depository receipts (GDRs/ADRs) and/or non-convertible debentures with warrants, secured or un-secured through prospectus and/or offer letter and / or placement memorandum and/or offering circular, upto an aggregate principal amount of Rs 150 Crores. 2. Appointment of Mr. Ashsih Kapadia as Managing Director and fixation of remuneration payable to him. 3. Increase in Authorised Capital of the Company from Rs 32 Crores to 34 Crores by creation of additional 2 Crores Equity Shares of Re 1/- each. (As Per BSE Announcement Website dated on 22.05.2009) 
05-Jul-08
Arrow Webtex Ltd has informed BSE that pursuant to the order of Honorable Bombay High Court, the meetings of Unsecured Creditors and Equity Shareholders of the Company will be held on July 05, 2008 to consider and approve the scheme of demerger of textile business of the Company. 

Peer Comparison

Company Market Cap
(Rs. in Cr.)
P/E (TTM)
(x)
P/BV (TTM)
(x)
EV/EBIDTA
(x)
ROE
(%)
ROCE
(%)
D/E
(x)
DLF 40,879.22 68.56 2.82 16.41 6.0 8.2 1.30
JP Associates 17,042.30 33.98 1.30 9.94 9.6 9.4 2.00
Oberoi Realty 8,287.81 25.30 3.31 21.24 11.9 15.7 0.00
Unitech 7,613.43 58.20 0.79 14.93 3.1 4.8 0.43
Prestige Estates 6,188.00 27.45 2.48 14.86 6.2 7.9 0.52
Jaypee Infratec. 5,555.72 8.00 0.88 8.15 24.5 13.8 1.28
Godrej Propert. 4,422.31 36.04 3.24 31.59 5.9 7.2 0.88
IRB Infra.Devl. 4,284.12 22.85 2.73 24.41 11.3 8.4 1.04
Sobha Developer. 4,045.47 20.57 1.91 9.80 10.4 12.9 0.61
Phoenix Mills 3,997.86 31.94 2.41 17.89 6.5 8.5 0.10
Indbull.RealEst. 3,522.96 13.11 0.64 26.56 0.2 2.0 0.23
Era Infra Engg. 2,889.71 17.92 1.61 7.19 9.1 14.1 1.89
Omaxe 2,645.21 40.00 1.76 16.89 4.3 7.7 0.77
Sunteck Realty 2,483.06 219.14 6.79 115.12 2.6 4.4 0.15
H D I L 2,457.44 4.87 0.24 7.08 3.9 7.2 0.40

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Key Information

Key Executives:

Jaydev Mody , Chairman 

Ashish Kapadia , Managing Director 

Mahesh Gupta , Director 

Rajeev Piramal , Director 


Company Head Office / Quarters:
Peninsula Centre No 4 Galaxy,
Co-Op H Soc Off Dhole Patil Rd,
Pune,
Maharashtra-411001
Phone :
Fax :
E-mail : secretarial@deltacorp.in
Web : http://www.deltacorp.in
Registrars:
Freedom Registry Ltd
008 Peninsula Centre
Dr S S Rao Road
Parel
Mumbai - 400012Plot No. 101/102
MIDC
19th Street
Satpur
Nasik - 422007

Fund Holding

 
Scheme Name No. of Shares
Goldman Sachs CNX 500 Fund (G) 3,257

Calendar

May-2013
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