Riverdale Foods Ltd


BSE: 530157 | NSE: NA | ISIN: INE300E01018 
Market Cap: [Rs.Cr.] 4 | Face Value: [Rs.] 5
Industry: Food - Processing - Indian

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Board Meet

09-Feb-13 
Quarterly Results Riverdale Foods Ltd has informed BSE regarding Outcome of Board Meeting held on February 09, 2013. (As per BSE Announcement Dated on 11.02.2013) Riverdale Foods Ltd has informed BSE regarding Outcome of Board Meeting held on February 09, 2013.inter alia, has transacted the following : - To consider fixing the date,place and time for convening the earlier adjourned 22nd annual general meeting of the Company The Directors decided to fix the date,time and place of such meeting only after obtaining a written court order on an earlier suit filed by one of the Company's former Director,Mr.Nitin Kiwalkar,before the Civil Judge,Vadgaon Court,Vadgaon,Maharashtra, seeking injunction against the Company from holding the said meeting and to approve the notice for the same. (As Per Bulletin Dated On 11.02.2013) 
30-Oct-12 
Riverdale Foods Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 30, 2012, inter alia, to consider, the following matters: 1. Unaudited provisional financial results of the Company for the Quarter ended September 30, 2012. 2. To fix the date, time and venue of postponed Annual General Meeting and approve draft of notice convening Annual General Meeting of the Company for the financial year ended March 31, 2012. 3. To consider the filing of Annual Return of the Company for the years 2008, 2009, 2010 & 2011 in absence of Directors Identification Number (DIN) of two directors namely Mr. Raja Karnam & Keshav Rao. 
14-Aug-12 
Riverdale Foods Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on August 14, 2012, inter alia, to consider the following matters : 1. Unaudited provisional financial results of the Company for the Quarter ended June 30, 2012; 2. To take on note the petition filed before Hon'ble Company Law Board naming the Company as one of the Respondents and the order passed by Hon'ble Company Law Board in the said matter; 3. To appoint attorney / representative to represent the Company before the Hon'ble Company Law Board; 4. To approve draft Directors' Report and Corporate Governance Report of the Company for the year ended March 31, 2012. 5. To fix the date, time and venue of Annual General Meeting and approve draft of notice convening Annual General Meeting of the Company for the financial year ended March 31, 2012. Riverdale Foods Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 14, 2012, inter alia, has transacted the following; 1. Appointment of attorney/ representative to represent the Company before the Hon'ble Company Law Board In the matter of potition filed under section 397 and 393 of the Companies Act, 1956; 2. Annual Genera! Meeting of shareholders of the Company for the year ended March 31, 3012 was decided to be held on September 22, 2012 (As Per BSE Announcement Dated on 14.08.2012) 
30-May-12 
Audited Results 
16-Feb-12 
Riverdale Foods Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on February 15, 2012, inter alia, to consider the following: 1. To consider the allotment of 51,92,000 fully paid Equity Shares of the Company in favour of ANC Holding LLC, the strategic investor. 2. To Increase in Authorised Share Capital of the Company from Rs. 500.00 Lacs to Rs. 970.00 Lacs. 3. To discuss the progress of implementation of the Scheme of Rehabilitation as sanctioned by the Hon'ble BIFR. 4. To discuss the matter of appointment of Auditors of the Company. With reference to earlier announcement dated February 09, 2012, regarding Board Meeting on Feb 15, 2012.Riverdale Foods Ltd has now informed BSE that the discussions on items in the agenda of the Board meeting held February 15, 2012 were not completed and the said Board Meeting has been adjourned to be held February 16, 2012 to complete the unfinished agenda. (As Per BSE Announcement Dated on 16.02.2012) Riverdale Foods Ltd has informed BSE regarding Outcome of Board Meeting held on February 16, 2012 has transacted the following: 1. Considered and approved the reply to be sent to the Reserve Bank of India clarifying outstanding infusion of funds towards share application money by the Strategic Investor and filing of application before the Hon'ble Board for Industrial and Financial Reconstruction for the same. 2. Considered and approved the matter of sending final reminders to two directors of the Company who are yet to obtain their Director Identification Numbers (DIN) for reasons wherefore the annual returns of the Company in respect of annual general meetings of the Company for the financial years ended March 31, 2008, March 31, 2009, March 31, 2010 and March 31, 2011, could not be filed with the jurisdictional Registrar of Companies. The failure to file the annual returns has resulted in all directors of the Company remaining disqualified from holding office as directors of other public companies. Upon the aforesaid two directors not obtaining their DIN within a period of two weeks from date of the aforesaid reminder letter, necessary action, as may be advised, shall be initiated by the Company to take measures, amongst others, to regularize its filings with the jurisdictional Registrar of Companies. (As Per BSE Announcement Dated on 16.02.2012) 

AGM

15-Dec-12
AGM 22.09.2012 Riverdale Foods Ltd has informed BSE that the 31st Annual General Meeting (AGM) of the Company was held on September 21, 2012. (As Per BSE Announcement dated on 24.09.2012) Riverdale Foods Ltd has informed BSE that the 22nd Annual General Meeting of the Company was scheduled for September 22, 2012 at 11:00 AM, which was adjourned by consent of shareholders present at the meeting for a date to be intimated by the Company. The Annual General Meeting is now scheduled to be held on December 15, 2012, at 11:00 AM at the factory premises of the Company at Village Ozarde, Pune, Maharashtra, India to transact the business as set out in the notice sent earlier to the share holders. (As per BSE Announcement Dated on 07.11.2012) AGM 15.12.2012 (Revised) (As per BSE Bulletin Dated on 07.11.2012) Riverdale Foods Ltd has informed BSE that the 22nd Annual General Meeting (AGM) of the Company will be held on December 15, 2012. (As per BSE Announcement Dated on 21.11.2012) Riverdale Foods Ltd has informed BSE that the Annual General Meeting (AGM) of the Company was held on December 15, 2012. (As per BSE Announcement Dated on 17.12.2012)  
10-Dec-11
Riverdale Foods Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 22, 2011, inter alia, transacted the following businesses : 1. Considered and approved the appointment of B. Bhushan & Co., Chartered Accountants, as the Auditor of the Company to audit book of account for the year ended March 31, 2012 and recommended to the shareholders of the Company; 2. The Twenty First Annual General Meeting of shareholders of the Company was decided to be held on December 10, 2011, and the notice for the same was approved; 3. Mr. Densil Quadros, Director to retire by rotation at the ensuing Annual General Meeting, and being eligible offers himself for reappointment 
22-Oct-11
Riverdale Foods Ltd has informed BSE that the members at the Annual General Meeting (AGM) of the Company held on October 22, 2011, inter alia, have accorded to the following: 1 Adoption of Balance Sheet and Profit and Loss Accounts of the Company for the year ended March 31, 2010; 2. Reappointment of Mr. Vivek Gupta as a Director, whose office is liable to be retire by rotation; 3. Reappointment of M/s. B. Bhushan & Co., Chartered Accountants, as Statutory Auditor of the Company, to hold office until the conclusion of next Annual General meeting of the Company; 
27-Jul-11
AGM 27/07/2011 

EGM

15-Apr-11
Riverdale Foods Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 13, 2011, inter alia, has transacted the following business: Convening of extra ordinary general meeting of shareholders of the Company on April 15, 2011, for the purposes of filling casual vacancy caused due to the resignation of the auditors of the Company. Riverdale Foods Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on April 15, 2011, inter alia, have transacted the following business(es): 1. Appointment of M/s. B. Bhushan & Co, Chartered Accountants, New Delhi as Statutory Auditor of the Company to audit books of accounts for the financial years ended March 31, 2008 on such remuneration as may be decided by the Board of Directors of the Company. (As Per BSE Announcement Dated on 15.04.2011) 
30-Nov-10
Riverdale Foods Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 24, 2010, inter alia, has considered / resolved the following: Convening of extra Ordinary General Meeting of shareholders of the Company on November 30, 2010 for the purposes of filling casual vacancy causes due to the resignation of the auditors of the Company. Riverdale Foods Ltd has informed BSE that the Extra Ordinary General Meeting (EGM) of the Company scheduled to be held on November 30, 2010, has been deferred as the details / particulars of shareholders of the Company are being gathered by restoring / reviving records that were lying dormant with the Registrars and Transfer Agents due to the Company becoming sick under the Sick Industrial Companies (Special Provisions) Act, 1985. (As Per BSE Announcement Dated on 29.11.2010) 

Peer Comparison

Company Market Cap
(Rs. in Cr.)
P/E (TTM)
(x)
P/BV (TTM)
(x)
EV/EBIDTA
(x)
ROE
(%)
ROCE
(%)
D/E
(x)
Zydus Wellness 2,166.63 22.31 8.45 16.77 41.2 47.7 0.00
Hatsun AgroProd. 1,292.40 31.25 12.00 10.65 26.5 16.8 3.18
REI Agro 1,230.07 6.58 0.50 6.83 9.5 11.8 1.78
Kwality Dairy 627.89 5.19 3.50 8.52 67.2 23.2 4.03
KRBL 593.16 3.81 0.89 6.50 14.2 12.1 1.44
Heritage Foods 552.51 13.65 5.93 5.38 10.4 12.9 2.00
Mount Everest 484.16 0.00 11.13 0.00 0.0 0.0 0.00
Vikas Wsp 412.20 0.98 0.39 2.86 15.5 23.2 0.10
Lotte India 203.00 44.50 0.46 0.00 1.1 1.4 0.00
Lakshmi Energy 195.92 3.58 0.27 5.80 1.6 8.3 1.29
DFM Foods 174.95 25.36 5.80 12.25 39.2 30.8 1.49
Usher Agro 160.42 3.54 0.59 5.85 16.7 14.5 1.57
Vadilal Inds. 156.96 17.12 3.31 6.07 13.9 15.5 3.22
L T Foods 155.06 3.53 0.72 8.46 12.9 10.8 3.54
ADF Foods 110.00 14.01 0.79 4.31 9.2 12.9 0.13

Futures & Options Quote

 
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No. of Contracts Traded: NA
Open Interest: NA
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Option Type: NA
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Previous Close: NA
Day’s High | Low: NA | NA
Turnover (Cr.): NA
Open Int. Change: NA | NA
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Key Information

Key Executives:

Gulam Harianawala , Managing Director  

Densil Quadroz , Director  

Keshav Rao , Director  

Asif Harianawala , Director  


Company Head Office / Quarters:
Village Ozarde,
Taluka Maval,
Pune,
Maharashtra-410506
Phone :
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

Calendar

May-2013
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