Mahalaxmi Rubtech Ltd


BSE: 514450 | NSE: NA | ISIN: INE112D01027 
Market Cap: [Rs.Cr.] 26 | Face Value: [Rs.] 1
Industry: Plantation & Plantation Products

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Board Meet

30-May-14 
Mahalaxmi Rubtech Ltd. will hold a meeting of the Board of Directors of the Company on 30 May 2014 for the consideration of Audited Financial Results for the year / quarter ended 31 March, 2014. Mahalaxmi Rubtech Ltd has informed BSE regarding Outcome of Board Meeting held on May 30, 2014. (As Per BSE Annoucement Dated on 30.05.2014) 
12-Feb-14 
Mahalaxmi Rubtech Ltd has informed BSE that the meeting of the Board of Directors of the Company will be held on February 12, 2014, for consideration of unaudited financial results for the quarter ended December 31, 2013 and to review the business activities of the Company. Further in terms of provision of SEBI (Prohibition of Insider Trading) Regulation, 1992, the ¶rading Window' for trading in the equity share of the Company shall remain closed from February 4, 2014 to February 12,2014 (both days inclusive). 
12-Nov-13 
Quarterly Results 
12-Aug-13 
Mahalaxmi Rubtech Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on August 12, 2013, inter alia, to transact the following: 1. Consideration of unaudited statement of accounts for the quarter ended on June 30, 2013 and to publish/submit the unaudited results. 2. To Review Right lssue proposal. Mahalaxmi Rubtech Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 12, 2013, inter alia, has transacted the following: 1. The Board has decided to withdraw Rights issue considering present market condition. 2. The Board has discussed the business activities of the Company. (As per BSE Announcement Dated on 12.08.2013) 
30-May-13 
Mahalaxmi Rubtech Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 30, 2013, inter alia, to transact the following: 1. Consideration of audited statement of accounts for the year ended on March 31, 2013 and to publish/submit the audited results. 2. To consider the matter relating to recommendation of Dividend, if any. 3. To discuss and appraise the business activities of the Company. Mahalaxmi Rubtech Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 30, 2013, inter alia, has transacted the following: 1. The Board of Directors has not recommended any dividend for the financial year 2012-13. 2. The Board has discussed, appraised and approved the activities of the Company. (As per BSE Announcement Dated on 30.05.2013) 

AGM

28-Sep-13
AGM : 28.09.2013 Mahalaxmi Rubtech Ltd has informed BSE that the 22nd Annual General Meeting (AGM) of the Company was held on September 28, 2013. (As Per BSE Announcement Dated on 28.09.2013) Mahalaxmi Rubtech Ltd has informed BSE that regarding the details of Voting results at the 22nd Annual General Meeting (AGM) of the Company held on September 28, 2013, under Clause 35A. (As per BSE Announcement Dated on 30.09.2013) 
28-Sep-12
AGM : 28.09.2012 Mahalaxmi Rubtech 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) Mahalaxmi Rubtech 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 01.10.2012) 
29-Sep-11
AGM 29/09/2011 Mahalaxmi Rubtech 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 accorded to the following: 1. The audited balance sheet as at March 31, 2011 and profit & loss account for the year ended on that date and the reports of the Directors and Auditors thereon were approved and adopted. 2. The Shareholders has declared Dividend @ 5% (Rs. 0.05 per Share on the face value of Equity Share of Rs. 1/- each) on the paid up share Capital of the Company. 3. The retiring auditors M/s. Bhanwar Jain & Co., Chartered Accountants, Ahmedabad reappointed as the Auditors of the Company to hold office until the conclusion of the next annual general meeting at remuneration to be decided by the board. 4. The retiring director Shri Malav J. Ajmera was reappointed as director of the Company. (As Per BSE Announcement Website dated on 29.09.2011) 
29-Sep-10
Annual General Meeting (AGM) of the Company to be held on September 29, 2010. Mahalaxmi Rubtech Ltd has informed BSE that the members at the 19th Annual General Meeting (AGM) of the Company held on September 29, 2010, inter alia, have accorded to the following: 1. The audited balance sheet as at March 31, 2010 and profit & loss account for the year ended on that date and the reports of the Directors and Auditors thereon were approved and adopted. 2. The Shareholders has declared Dividend @ 5% (Rs. 0.50 per Share on the face value of Equity Share of Rs. 10/- each) on the paid up share Capital of the Company. 3. The retiring auditors M/s. Bhanwar Jain & Co., Chartered Accountants, Ahmedabad reappointed as the Auditors of the Company to hold office until the conclusion of the next annual general meeting at remuneration to be decided by the board. 4. The retiring director Shri Jeetmal Parekh was reappointed as director of the Company. (As Per BSE Announcemen Website dated on 29.09.2010) 
16-Sep-09
AGM 16.09.2009 Mahalaxmi Rubtech Ltd has informed BSE that the members at the 18th Annual General Meeting (AGM) of the Company held on September 16, 2009, inter alia, have accorded to the following: 1. The audited balance sheet as at March 31, 2009 and profit & loss account for the year ended on that date and the reports of the Directors and Auditors thereon were approved and adopted. 2. The Shareholders has declared Dividend @ 5% (Rs. 0.50 per Share) on the paid up share Capital of the Company. 3. The retiring auditors M/s. Bhanwar Jain & Co., Chartered Accountants, Ahmedabad reappointed as the Auditors of the Company to hold office until the conclusion of the next annual general meeting at remuneration, to be decided by the board. 4. The retiring director Shri. Nikhil K. Parikh was reappointed as director of the Company. 5. Apointment of Shri Anand . Parekh as a Director of the Company as per Resolution set out in the Notice. 6. Appointment of Shri. Anand J Parekh as Jt. Managing Director of the Company for a period of 5 years as per Resolution set out in the Notice. 7. Appointment of Shri. Malav J Ajmera as a Director of the Company as per Resolution set out in the Notice. 8. Increase in borrowing limit to the extent of Rs. 150 Crores as per resolution set out in the notice. 9. Increase in Charge / mortgage limit to the extent of Rs. 150 Crores as per resolution set out in the notice. 10. Appointment of Shri. Rajendra R. Mehta as a Group President & CEO as per Resolution set out in the Notice. (As Per BSE Announcement Website dated on 16.09.2009) 

EGM

08-Jul-08
Mahalaxmi Rubtech Ltd has informed BSE that pursuant to the Order made by the Hon'ble High Court of Gujarat at Ahmedabad, separate meeting of the equity shareholders of the Company will be held on July 08, 2008 for the purpose of considering and if thought fit, approving with or without modification(s), the Scheme of Arrangement in the nature of Amalgamation of Mahalaxmi Fabric Mills Pvt. Ltd. with the Company. Mahalaxmi Rubtech Ltd has informed BSE that the Equity Shareholders of the Company at the Extra Ordinary General Meeting held on July 08, 2008 (convened by Hon'ble High Court of Gujarat, Ahmedabad) has approved the Scheme of Amalgamation of Mahalaxmi Fabric Mills Pvt. Ltd. with the Company. (As per BSE Announcement Website dated on 08/07/2008) 
18-Jan-08
E.G.M. 18/01/2008 Mahalaxmi Rubtech Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on January 18, 2008, to create, offer, issue and allot from time to time in one or more trenches, upto 12,00,000 (Twelve Lacs) warrants on a preferential basis to the investors mentioned below, entitling the holder of each warrant to apply for and obtain allotment of one Equity Share against each such warrant ("Warrants") of Rs 10/- (Rupees ten only) each at a premium of Rs 65/- (Rupees Sixty Five only) maximum amount aggregating to Rs 9,00,00,000/- (Rupees Nine Crores only) and in such manner and on terms and conditions as may be determined by the Board in accordance with the SEBI (DIP) Guidelines or other provisions of the law as may be prevailing at the times. a. Gitanjali Mercantile Pvt Ltd - 7,20,000 Warrants b. Bit O One Consultants Pvt Ltd - 2,40,000 Warrants c. Azad Sales Pvt Ltd - 2,40,000 Warrants. (As per BSE Announcement Website dated on 26/12/2007) Mahalaxmi Rubtech Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on January 18, 2008, have taken the following decisions: 1. Special Resolution was carried out for issue of 12,00,000 warrants on preferential basis convertible into one equity share of Rs 10/- each at a premium of Rs 65/- per share, to the following investors: a. Gitanjali Mercantile Pvt Ltd - 7,20,000 Warrants b. Bit O One Consultants Pvt Ltd - 2,40,000 Warrants c. Azad Sales Pvt Ltd - 2,40,000 Warrants. (A per BSE Announcement Website dated on 18/01/2008) 
04-Jan-07
Mahalaxmi Rubtech Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 23, 2006, has transacted the following: The Board has decided to convene the Extra ordinary General meeting of the share holders of the Company to be held on January 04, 2007 inter alia to consider and to approve the issue of Bonus shares, Rights issue, and increase in borrowing limit. Mahalaxmi Rubtech Ltd has informed BSE that an Extra-Ordinary General Meeting (EGM) of the members of the Company will be held on January 04, 2007, inter alia, to transact the following: 1. To issue and allot, Equity Shares as bonus to the Shareholders of the Company as on a record date to be fixed by the Board / Committee, (Record Date) out of the free reserves as of March 31, 2006, the free reserves to be capitalized and transferred to the share capital account and such sum as may be determined to be required shall be applied for the allotment of new equity shares of Company of Rs 10/- each as fully paid bonus shares to the persons who on Record Date shall be holders of existing equity shares of Rs 10/- each of the Company on the said date and that such new equity shares out of the companies unissued equity shares credited as fully paid, be accordingly allotted as bonus shares to such person respectively as aforesaid in the proportion of 1 new equity share for every 4 existing equity shares held by such persons respectively on the Record Date, upon the footing that they become entitled there to for all purposes as capital, subject to necessary provisions and approvals. 2. To issue and allot, on a Rights Basis to the Shareholders of the Company as on a record date to be fixed by the Board / Committee, ("Record Date"), equity Shares of Rs 10/- each aggregating to the extend of Rs 30 crores inclusive of premium, subject to necessary provisions and approvals. 3. To borrow any sum or sums of money (including non fund based facilities) from time to time at their discretion for the purpose of the business of the Company, from any one or more Banks, Financial Institutions and other persons, firms, bodies corporate, notwithstanding that the monies to be borrowed together with the monies already borrowed by the Company (apart from temporary loans obtained from the Company's Bankers in the ordinary course of business) may, at anytime, exceed upto a sum of Rs 50 Crores over and above the aggregate of the then paid up capital of the Company and its free reserves that is reserves not set apart for any specific purposes), subject to necessary provisions and approvals. 4. To create such charges, mortgages and hypothecations in addition to the existing charges, mortgages and hypothecations created by the company, on such movable and immovable properties, both present and future, and in such manner as the Board may deem fit, together with power to take over the management and concern of the Company in certain events in favour of banks / financial Institutions, other investing agencies and trustees for the holders of debentures / bonds / other instruments to secure rupee foreign currency loans and / or the issue of debentures whether partly / fully / non convertible and / or securities linked to Ordinary shares and / or rupee / foreign currency convertible bond and / or bonds with share warrants attached ( oans') provided that the total amount of loan together with interest thereon, additional interest, compound interest, liquidated damages, commitment charges, premia on prepayment or on redemption, costs, charges, expenses and all other moneys payable by the company in respect of the said loans, shall not at anytime exceed the limit of Rs 50 crores, subject to necessary provisions and approvals. (As Per BSE Announcement Website Dated On 11/12/2006) Mahalaxmi Rubtech Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on January 04, 2007, inter alia, have passed the following ordinary / special resolutions: 1. For issue of Bonus Shares in the proportion of 1 new equity share for every 4 existing equity shares held in the Company on the record Date to be decided by the Board of Directors of the Company, as per resolution set out in the notice. 2. For issue of equity shares on the Rights basis aggregating to the extent of Rs 30 crores inclusive of premium as per resolution setout in the notice. 3. For increase in borrowing limit to the extent of Rs 50 Crores as per resolution set out in the notice. 4. For increase in Charge / mortgage limit to the extent of Rs 50 Crores as per resolution set out in the notice. (As per BSE Announcement website dated on 04/01/2007) 

Peer Comparison

Company Market Cap
(Rs. in Cr.)
P/E (TTM)
(x)
P/BV (TTM)
(x)
EV/EBIDTA
(x)
ROE
(%)
ROCE
(%)
D/E
(x)
Adani Ports 55,084.03 29.02 5.90 13.85 25.2 16.9 1.08
GAIL (India) 53,866.00 13.01 1.99 6.52 17.5 20.2 0.31
Container Corpn. 24,669.55 25.05 3.53 7.57 15.8 20.3 0.00
Bajaj Holdings 14,766.51 19.18 2.67 13.48 13.7 15.1 0.00
Petronet LNG 13,762.50 19.34 2.76 5.89 28.8 25.7 0.79
CRISIL 12,971.50 61.01 21.30 20.62 39.4 52.8 0.00
Just Dial 11,375.36 94.25 21.28 0.00 25.7 37.0 0.00
Info Edg.(India) 7,697.85 64.69 9.91 31.47 18.0 26.5 0.00
Guj Pipavav Port 6,782.66 32.11 4.83 10.89 10.0 10.2 0.24
Guj Gas Company 5,748.17 15.93 4.69 8.24 33.6 36.0 0.00
Kaveri Seed Co. 5,202.01 24.71 10.02 11.18 44.2 43.6 0.04
Indraprastha Gas 5,146.40 14.29 2.92 5.52 26.0 31.4 0.37
Guj.St.Petronet 4,923.97 11.74 1.49 3.97 19.9 22.5 0.56
SPARC 4,196.69 138.52 30.10 0.00 0.0 0.0 3.57
Multi Comm. Exc. 4,167.01 27.28 3.64 8.96 24.4 32.2 0.00

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Key Information

Key Executives:

Jeetmal B Parekh , Chairman  

Rahul J Parekh , Managing Director  

Anand J Parekh , Joint Managing Director  

Malav J Ajmera , Director  


Company Head Office / Quarters:
47 New Cloth Market,
,
Ahmedabad,
Gujarat-380002
Phone :
Fax :
E-mail :
Web : http://
Registrars:
Sharepro Services India Pvt Lt
Devnandan Mega Mall
Office No 416-420
4th Floor Ashram Rd
Ahmedabad-380006

Fund Holding

 
Scheme Name No. of Shares
No data found

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