Kar Mobiles Ltd


BSE: 590053 | NSE: NA | ISIN: INE916E01011 
Market Cap: [Rs.Cr.] 27 | Face Value: [Rs.] 10
Industry: Auto Ancillaries

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Board Meet

21-May-13 
Kar Mobiles Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 21, 2013, inter alia, to consider the accounts and recommendation of final dividend, if any, for the year ended March 31, 2013. 
21-Jan-13 
Kar Mobiles Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on January 21, 2013, inter alia, to consider the following: 1. to approve the Unaudited Financial Results for the quarter ended December 31, 2012. 2. declare Interim Dividend, if any, for the year ending March 31, 2013. Kar Mobiles Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 21, 2013, inter alia, has taken the following decisions: 1. The Board of Directors declared an interim dividend of Rs. 2/- per equity share for the year ending March 31, 2013, on the paid up equity capital of Rs.2,24,00,000 /- comprising of 22,40,000 equity shares of Rs. 10/- each. 2. Mr. Ahsan Hydari, an Independent Director, resigned from the Board, due to personal reasons. The Board of Directors accepted his resignation with effect from January 21, 2013. 3. The Board of Directors appointed Mr. Krishna Kumar Seshadri as an Additional Director with effect from January 21, 2013.Mr. Krishna Kumar, Independent Director has been appointed as an Additional Director and will hold office until the conclusion of the next Annual General Meeting. (As per BSE Announcement Dated on 21.01.2013) 
19-Oct-12 
Quarterly Results 
24-Jul-12 
Quarterly Results 
21-May-12 
Kar Mobiles Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 21, 2012, inter alia, to consider the accounts and recommendation of final dividend, if any, for the year ended March 31, 2012. Kar Mobiles Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 21, 2012, inter alia, has recommended to the shareholders a final dividend of Rs. 3.50 per equity share on the paid up equity capital of Rs. 2,24,00,000 comprising of 22,40,000 equity shares of Rs. 10/- each fully paid-up. The final dividend will be paid / dispatched to the eligible shareholders on July 30, 2012. (As Per BSE Announcement Dated on 21.05.2012) 

AGM

24-Jul-12
Kar Mobiles Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from July 14, 2012 to July 24, 2012 (both days inclusive) for the purpose of Payment of Final Dividend & Annual General Meeting (AGM) of the Company to be held on July 24, 2012. Kar Mobiles Ltd has informed BSE that the 75th Annual General Meeting (AGM) of the Company was held on July 24, 2012, under Clause 35A. (As Per BSE Announcement Website Dated on 25/07/2012) 
21-Jul-11
Kar Mobiles Ltd has informed BSE that the Annual General Meeting (AGM) of the Company scheduled to be held on July 21, 2011. Kar Mobiles Ltd has informed BSE that the members at the 74th Annual General Meeting (AGM) of the Company held on July 21, 2011, inter alia, have accorded to the following: 1. Adopted the Audited Balance Sheet as at March 31, 2011 and Profit & Loss account for the year ended March 31, 2011 together with the report of the Directors and Auditors thereon. 2. a) Approved the interim dividend of Rs. 4/- per equity share of Rs. 10/- each, declared by the Board of Directors on January 20, 2011 and paid on February 08, 2011; and b) Declared a final dividend of Rs. 1/- per equity share of Rs. 10/- each, for the year ended March 31, 2011. 3. Re-appointed Mr. L. Ganesh and Mr. C. N. Srivatsan as directors of the Company. 4. Re-appointed M/s. Varma & Varma, Chartered Accountants as Auditors of the Company to hold office from the conclusion of this AGM until the conclusion of the next AGM on a remuneration as may be determined by the Board of Directors of the Company. 5. Approved the payment of commission Mr. L. Ganesh not exceeding three percent (3%) of the net profits of the Company, in addition to sitting fees, with effect from April 01, 2011 for a period of three years. (As Per BSE Annoncement Website Dated on 21/07/2011) Kar Mobiles Ltd has submitted to BSE a copy of the minutes of the 74th Annual General Meeting (AGM) of the Company held on July 21, 2011. 1.Adoption of the Audited Balance Sheet as at March 31, 2011, the Profit and Loss Account for the year ended March 31, 2011 together with the Reports of the Directors and the Auditors of the Company thereon. 2.Declaration of the interim dividend of Rs. 4/- per equity share declared by the board of directors of the Company on January 20, 2011 on 2,240,000 equity shares of Rs.10/- each fully paid, absorbing a sum of Rs.10.45 million (including dividend distribution tax and cess thereon) paid to the shareholders on February 08, 2011 for the year ended March 31, 2011.Further, declaration of final dividend of Re. 1 per equity share of Rs. 10 each on 2,240,000 equity shares for the year ended March 31, 2011. 3.Re-appointment of Mr. L. Ganesh as a Director of the Company, liable to retire by rotation. 4.Re-appointment of Mr. C. N. Srivatsan as a Director of the Company, liable to retire by rotation. 5.Appointment of M/s. Varma & Varma, Chartered Accountants, as the 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) of the Company on remuneration, terms & conditions. 6.Approved the payment and distribution by way of commission to Mr. L Ganesh, Chairman,not exceeding three percent (3%) of the net profits of the company calculated in accordance with the provisions of Sections 198, 349 and 350 of the Companies Act, 1956, in addition to the sitting fees, with effect from April 01, 2011 for a period of three years, on necessary, terms & conditions. (As Per BSE Annoncement Website Dated on 22/09/2011) 
22-Jul-10
Kar Mobiles Ltd has informed BSE that the members at the Annual General Meeting (AGM) of the Company held on July 22, 2010, inter alia, have accorded to the following: 1. Adopted the Audited Balance Sheet as at March 31, 2010 and Profit & Loss account for the year ended March 31, 2010 together with the report of the Directors and Auditors. 2. Declared a final dividend of Rs. 1.50 per equity share of Rs. 10/- each on 2,240,000 equity shares of Rs. 10/- each fully paid-up, for the year ended March 31, 2010. 3. Re-appointed Mr. K. P. Balasubramaniam and Mr. Ahsan Hydari as Directors of the Company. 4. Re-appointed M/s. Varma & Varma, Chartered Accountants as Auditors of the Company to hold office from the conclusion of this AGM until the conclusion of the next AGM on a remuneration as may be determined by the Board of Directors of the Company. Kar Mobiles Ltd has informed BSE that the members at the 73rd Annual General Meeting (AGM) of the Company held on July 22, 2010, inter alia, have accorded the following: - Declaration of the interim dividend of Rs. 3/- per equity share of the Company on 2,240,000 equity shares of Rs. 10/- each fully paid, absorbing a sum of Rs.7.86 million (including dividend distribution tax and cess thereon) for the year ended March 31, 2010 & declaration of final dividend of Rs. 1.50 per equity share of Rs. 10 each on 2,240,000 equity shares for the year ended March 31, 2010. (As Per BSE Announcement Website dated on 20.08.2010) 
23-Jul-09
AGM 23/07/2009 Kar Mobiles Ltd has informed BSE that the members at the Annual General Meeting (AGM) of the Company held on July 23, 2009, inter alia, have accorded the following: 1. Adopted the Audited Balance Sheet as at March 31, 2009 and Profit & Loss account for the year ended March 31, 2009 together with the report of the Directors and Auditors. 2. Declared a dividend of Rs 2/- per share on 2,240,000 equity shares of Rs 10/- each fully paid-up for the year ended March 31, 2009. 3. Re-appointed Mr. V Ramachandran & Mr. L Lakshman as Directors of the Company. 4. Re-appointed M/s. Varma & Varma, Chartered Accountants as Auditors of the Company to hold office from the conclusion of this AGM until the conclusion of the next AGM on a remuneration as may be determined by the Board of Directors of the Company. (As Per BSE Announcement Website dated on 25.07.2009) Kar Mobiles Ltd has submitted to BSE a copy of the minutes of the Annual General Meeting (AGM) of the Company held on July 23, 2009. (As Per BSE Announcement Dated on 21/08/2009) 
25-Jul-08
AGM 25/07/2008 Kar Mobiles Ltd has informed BSE that the members at the Annual General Meeting (AGM) of the Company held on July 25, 2008, inter alia, have accorded the following: 1. Adopted the Audited Balance Sheet as at March 31, 2008 and Profit & Loss $count for the year ended March 31, 2008 together with the report of the Directors and Auditors. 2. Approved the interim dividend of 40% paid on March 27, 2008 as the final dividend on 2,240,000 equity shares of Rs 10/- each fully paid-up for the year ended March 31, 2008. 3. Re-appointed Mr. A S Lakshmanan & Mr. L Ganesh as Directors of the Company. 4. Re-appointed M/s. Varma & Varma, Chartered Accountants as Auditors of the Company to hold office from the conclusion of this AGM until the conclusion of the next AGM on a remuneration as may be determined by the Board of Directors of the Company. 5. Increased the borrowing powers of the Board of Directors to Rs 350 million in terms of Section 293(1)(d) of the Companies Act, 1956. 6. Approved the payment of commission to Mr. L Ganesh, Chairman. (As per BSE Announcement Website dated on 25/07/2008) 

EGM

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Peer Comparison

Company Market Cap
(Rs. in Cr.)
P/E (TTM)
(x)
P/BV (TTM)
(x)
EV/EBIDTA
(x)
ROE
(%)
ROCE
(%)
D/E
(x)
Bosch 28,288.42 32.07 5.08 16.58 18.6 23.9 0.05
Motherson Sumi 12,016.68 25.58 7.44 13.29 27.8 24.4 0.76
Exide Inds. 11,912.75 22.79 3.50 16.72 16.1 22.3 0.00
Amara Raja Batt. 4,234.99 14.46 4.00 6.38 29.3 38.4 0.13
WABCO India 3,042.61 23.26 4.69 12.28 33.5 45.9 0.00
Amtek India 2,740.81 20.45 1.35 9.28 8.0 9.5 1.22
Amtek Auto 1,890.89 7.05 0.43 7.47 6.7 7.6 0.84
Bosch Chassis 1,238.98 45.81 3.19 0.00 7.2 9.8 0.09
Federal-Mogul Go 1,127.06 0.00 2.83 17.24 -2.3 3.9 0.43
Wheels India 827.30 24.64 3.44 5.47 15.0 21.1 1.57
Minda Corp 636.27 19.28 2.56 1.56 19.2 17.1 0.37
Sundaram Clayton 600.46 16.95 2.06 5.79 18.7 14.1 1.38
Fairfield Atlas 552.27 19.29 4.81 7.38 43.8 42.8 0.57
Shanthi Gears 437.50 28.33 1.70 3.70 11.8 17.7 0.01
Suprajit Engg. 423.60 9.78 3.31 4.46 34.7 35.9 0.57

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Key Information

Key Executives:

L Ganesh , Chairman  

K P Balasubramaniam , Director  

L Lakshman , Director  

V Ramachandran , Director  


Company Head Office / Quarters:
Maithri,
132 Cathedral Road,
Chennai,
Tamil Nadu-600086
Phone : 91-44-28112472
Fax : 91-44-28112449
E-mail : investorservices@rane.co.in
Web : http://
Registrars:
Integrated Enterprises (I) Ltd
Kences Tower
2nd Floor No 1
Ramakrishna Street
Chennai - 600 017

Fund Holding

 
Scheme Name No. of Shares
No data found

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