VHCL Industries Ltd


BSE: 522233 | NSE: NA | ISIN: INE674D01026 
Market Cap: [Rs.Cr.] 220 | Face Value: [Rs.] 2
Industry: Electrodes - Welding Equipment

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Board Meet

29-May-13 
VHCL Industries Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 29, 2013, inter alia, to transact the following; 1. To Consider and Approve the Audited Financial Results along with Directors Report, Auditors Reports, Cash Flow Statement for the Year ended March 31, 2013. 2. To consider and recommend Final Dividend, If any for the year ended March 31, 2013. 
05-Feb-13 
Quarterly Results VHCL Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 05, 2013, inter alia, has transacted the following business: - the Investors (Non Promoters) holding share warrants convertible into Equity Shares have exercised the right of option of conversion of share warrants into Equity shares and accordingly the Board of Directors at their meeting held on February 05, 2013 have allotted 53,00,000 Equity shares of Rs. 2/ -each fully paid up on account of conversion of 53,00,000 Share Warrants (i.e. the ratio of 1 equity share for every 1 Share Warrants held). (As per BSE Announcement Dated on 05.02.2013) 
08-Jan-13 
VHCL Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 08, 2013, have allotted remaining (balance) 9,00,000 Warrants of Rs. 2/ - each at the price of Rs. 34/- per warrant to various investors (Non Promoters) out of 94,00,000 Warrants as per the special resolution passed by the share holders through postal ballot. 
05-Jan-13 
VHCL Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 05, 2013, have allotted 85,00,000 Warrants of Rs. 2/- each at the price of Rs. 34/- per warrant to various investors (Non Promoters) out of 94,00,000 Warrants as per the special resolution passed by the share holders through postal ballot. Further the Board of Directors has also accepted resignation of Mr. Atul Mehta, Mr. Jayesh Jhaveri and Mr. Mitesh Dani from the post of Directors. 
07-Nov-12 
Quarterly Results 

AGM

28-Sep-12
AGM : 28.09.2012 VHCL Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 24, 2012, inter alia, has transacted the following business: The Board considered the revised Notice in respect of the Board meeting held on August 14, 2012 for consent of members for appointment of Statutory Auditors in Annual General Meeting to be held on September 28, 2012. (As Per BSE Announcement Dated on 24.08.2012) VHCL Industries Ltd has informed BSE that the 21st Annual General Meeting (AGM) of the Company was held on September 28, 2012. (As per BSE Announcement Dated on 28.09.2012) VHCL Industries Ltd has informed BSE regarding the details of Voting results at the 21st Annual General Meeting of the Company held on September 28, 2012, under Clause 35A. (As per BSE Announcement Dated on 03.10.2012)  
29-Sep-11
Jhaveri Weldflux Ltd has informed BSE that the members at the 20th Annual General Meeting (AGM) of the Company held on September 29, 2011 inter alia, have transacted the following business: 1. Approval of Annual Accounts for the year ended March 31, 2011. 2. Appointment of Messrs Hiteshkumar Shah, Chartered Accountants as Statutory Auditors of the Company for the Year 2011-12. 3. Appointment of Mr. Atul A. Mehta as a Director of the Company, liable to retire by rotation. 4. Appointment of Mr. Nimesh S. Joshi as a Director of the Company, liable to retire by rotation. 5. Appointment of Mr.Mandar S. Palav as a Director of the Company, liable to retire by rotation. 6. Appointment of Mr. Mitesh H. Dani as a Director of the Company, liable to retire by rotation. 7. Appointment of Mr. Ashish S. Pandare as a Director of the Company, liable to retire by rotation. 8. Approval of reduction of share Capital of the Company from Rs. 3,00,00,000 to Rs. 30,00,000 under Section 100 to 103 of the Companies Act, 1956. 

EGM

25-Jan-12
Jhaveri Weldflux Ltd has informed BSE that by an Order made on December 16, 2011, in the Company Summons for Direction, the Hon'ble High Court of Judicature at Bombay has directed that a meeting of the Equity Shareholders of the Applicant/Transferee Company be convened and held on January 25, 2012 at 11.00 am. at Shelter Palace, 4th Floor, Plot No. 179/A, Sector-19C, Behind State Bank of India Building, Dana Bunder, Vashi, Navi Mumbai- 400705 for the purpose of considering and if thought fit, approving, with or without modification(s), the Composite Scheme of Arrangement and Amalgamation under section 391 to 394 read with section 100 to 104 of the Companies Act, 1956 of VHCL Industries Ltd., the transferor Company with Jhaveri Weldflux Ltd., Applicant / Transferee Company. Jhaveri Weldflux Ltd has informed BSE that the Equity Shareholders of the Company at the Court Convened Meeting held on January 25, 2012, have unanimously approved the Composite Scheme of Arrangement and Amalgamation of VHCL Industries Limited, the Transferor Company with Jhaveri Weldflux Limited, the Transferee Company. (As Per BSE Announcement Website Dated on 02/02/2012) Jhaveri Weldflux Ltd has informed BSE that the Equity Shareholders of Jhaveri Weldflux Limited at the Court Convened Meeting, held on January 25, 2012, have unanimously approved the Composite Scheme of Arrangement and Amalgamation of VHCL Industries Ltd, the Transferor Company with Jhaveri Weldflux Limited, the Transferee Company. Further the Company informed that the Hon'ble High Court of Judicature at Bombay vide its Order dated April 13, 2012 sanctioned the Composite Scheme of Arrangement and Amalgamation of VHCL Industries Ltd with Jhaveri Weldflux Ltd. (As Per BSE Announcement Website Dated on 09/05/2012) 

Peer Comparison

Company Market Cap
(Rs. in Cr.)
P/E (TTM)
(x)
P/BV (TTM)
(x)
EV/EBIDTA
(x)
ROE
(%)
ROCE
(%)
D/E
(x)
Esab India 641.22 16.53 2.72 9.35 16.9 23.9 0.00
VHCL Indust. 219.67 23.97 5.45 3.15 80.6 61.5 0.90
Ador Welding 164.90 8.64 0.89 4.07 12.3 17.0 0.01
Ador Fontech 127.49 6.16 2.07 4.04 32.5 42.4 0.00
GEE 55.81 6.94 1.13 6.69 15.5 17.6 1.17
Ahura Welding 17.73 0.00 5.23 0.00 0.0 0.0 1.19
Rasi Electrodes 12.61 15.96 1.27 3.67 16.3 20.2 0.48
D & H India 8.07 2.91 0.33 2.40 10.4 15.6 0.06
Croitre Indust. 7.97 0.00 26.51 0.00 0.0 0.0 0.00
Rockland Thermo 5.23 0.00 2.84 0.00 0.0 0.0 0.28
Nucor Wires 1.25 0.00 -0.09 0.00 0.0 0.0 0.00
Bobshell Elect 0.73 0.00 0.16 2.43 -1.0 0.4 0.14
Mig-Weld & Mach 0.53 0.00 0.48 0.00 0.0 0.0 2.79

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Key Information

Key Executives:

Pankaj Prafull Jhaveri , Chairman & Managing Director 

Jayesh Jhaveri , Executive Director 

Gaurav Sheth , Director 

Atul A Mehta , Non Executive Director 


Company Head Office / Quarters:
14/B-318 Merchant Chambers,
Sector-19 Vashi,
Navi Mumbai,
Maharashtra-400705
Phone : 91-22-67911074
Fax :
E-mail :
Web : http://
Registrars:
Link Intime India Pvt Ltd
C-13 Pannalal Silk
Mills Cmpd LBS Marg
Bhandup West
Mumbai - 400 078

Fund Holding

 
Scheme Name No. of Shares
No data found

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