Saral Mining Ltd


BSE: 532116 | NSE: NA | ISIN: INE490B01013 
Market Cap: [Rs.Cr.] 3 | Face Value: [Rs.] 10
Industry: Trading

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Board Meet

26-May-12 
Audited Results 
14-May-12 
Xo Infotech Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 14, 2012, inter alia, has considered the following: - Shifting of Registered office Address of the Company: From: 5, Sigma Corporate House, Sindhubhavan Road, Bodakdev, Ahmedabad-380054, Gujarat, India. To: 304, Saffron Building, Panchvati to Ambawadi Road, Ambawadi, Ahmedabad - 380006, Gujarat, India. Ph No: 079-32458700. 
20-Mar-12 
Xo Infotech Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on March 20, 2012, inter alia, to consider the following: 1. To consider Appointment of Mr. Amishkumar Dantara & Mr. Dhanpal J. Gandhi as a Director of the Company. 2. To consider Resignation of Mr. Anil C. Mistry and Mr. Shankar Bhagat as a Director of the Company. Xo Infotech Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 20, 2012, inter alia, has considered the following: 1. Considered the appointment Mr. Amishkumar Dantara & Mr. Dhanpal J. Gandhi as a Director of the Company with effect from March 20, 2012. 2. Considered the resignation of Mr. Anil C. Mistry & Mr. Shankar Prasad Bhagat as a director of the Company with effect from March 20, 2012. (As Per BSE Announcement Website dated on 20.03.2012) 
14-Feb-12 
Quarterly Results (Revised) (As Per BSE Bulletin Dated on 14/02/2012) 
14-Nov-11 
Quarterly Results 

AGM

01-Sep-12
AGM : 01.09.2012 Xo Infotech Ltd has informed BSE that the Annual General Meeting (AGM) of the Company was held on September 01, 2012. (As per BSE Announcement Dated on 03.09.2012)  
29-Jun-11
Xo Infotech Ltd has informed BSE that the members at the Annual General Meeting (AGM) of the Company held on June 29, 2011, inter alia, have taken the following decisions: 1. Adoption of Audited Profit and Loss Account for the year ended March 31, 2011 and Balance Sheet as at that date together with the report of the Board of Directors and Auditors was adopted at the Annual General Meeting. 2. Appointment of M/s. Y. D. & Co., Chartered Accountant, Ludhiana, as the Auditors of the Company from the conclusion of this Annual General Meeting till the conclusion of the next Annual General Meeting of the Company. 3. Reappointment of Mr. Mahendra Ganatra, as director liable to retirement by rotation. 
29-Sep-10
AGM 29/09/2010 Xo Infotech Ltd has informed BSE that the shareholders at the Annual General Meeting (AGM) of the Company held on September 29, 2010, inter alia, have accorded to the following: 1. Adoption of Audited Balance Sheet of the Company as on March 31, 2010 and Profit & Loss Account for the Year ended on that date together with Directors Report and Auditors Report. 2. Re-Appointment of Mr. Mahendra Ganatra, as Director of the Company, who retires by rotation. 3. Appointment of M/s. Arvind A. Thakkar & Co., Chartered Accountant, as Statutory Auditors of the Company for the year 2010-11 and fix their remunerations. (As Per BSE Announcement Website dated on 30.09.2010) 
30-Sep-09
AGM 30.06.2009 AGM 30/09/2009 (Revised) (As Per BSE Bulletin dated on 19.06.2009) Xo Infotech Ltd has informed BSE that the members at the Annual General Meeting (AGM) of the Company held on September 30, 2009, inter alia, have approved the following: 1. Adoption of Audited Balance Sheet of the Company on March 31, 2009, and Profit & Loss Account for the year ended on that date together with Directors Report and Auditors Reports. 2. Re-appointment of Mr. Anil Mistry as Director of the Company who retires by rotation. 3. Appointment of M/s. Arvind A. Thakkar & Co., Chartered Accountants as Statutory Auditors of the Company for the year ended 2009-10 and fix their remuneration. (As Per BSE Announcement Dated on 01/10/2009) Xo Infotech Ltd has submitted to BSE the minutes of the Annual General Meeting (AGM) of the Company held on September 30, 2009. (As Per BSE Announcement Dated on 06/10/2009) 
30-Sep-08
AGM 30/09/2008 Xo Infotech Ltd has informed BSE that the 14th Annual General Meeting (AGM) of the members of the Company will be held on September 30, 2008, inter alia, to transact the following: 1. To receive, consider and adopt the audited Balance Sheet as at March 31, 2008 and the Profit and Loss Account for the period ended on that and the Reports of Directors and the Auditors. 2. To appoint a Director in place of Mr. Shankar Prasad Bhagat, who retires by rotation, and being eligible, offers himself for re-appointment. 3. To appoint M/s. D M Oza & Associates, Chartered Accountants, Ahmedabad, in place of retiring auditor M/s. S N Dhawan & Co., Chartered Accountant, New Delhi, as auditors of the Company to hold office until the conclusion of next Annual General Meeting and fix their remuneration. 4. To appoint Mr. Anil Chandulal Mistry & Mr. Arvind Ambalal Thakkar, as Directors of the Company, liable to retire by rotation. (As per BSE Announcement dated on 16/09/2008) Xo Infotech Ltd has informed BSE that the shareholders at the Annual General Meeting (AGM) of the Company held on September 30, 2008, inter alia, have accorded the following: 1. Adoption of the Directors' Report, Audited Balance Sheet as at March 31, 2008 and Profit and Loss Account of the Company for the year ended on March 31, 2008. 2. Re-appointment of Shri. Shakar Prasad Bhagat as a Director of the Company, liable to retire by rotation. 3. Appointment of M/s. D M Oza & Associates, Chartered Accountants, Ahmedabad as Statutory Auditors of the Company in place of M/s. S N Dhawan & Co., Chartered Accountants New Delhi the retiring auditors, to hold the office until conclusion of the next Annual General meeting on remuneration, terms & conditions. (As Per BSE Bulletin Dated on 01/10/2008) 

EGM

25-Apr-11
Xo Infotech Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 25, 2011, inter alia, has taken following decisions on record. 1. To Change the registered Office of the Company from State of Delhi to State of Gujarat. For shifting of registered office of the Company subject to approval of Shareholders of the Company and other statutory authorised as required. 2. To convene Extra Ordinary General Meeting of the members of the Company on April 25, 2011. Xo Infotech Ltd has informed BSE that the Shareholders at the Extra Ordinary General Meeting (EGM) of the Company held on April 25, 2011, has taken the following decisions on record: 1. To change the registered office of the Company from State of Haryana to State of Gujarat. For shifting of Registered office of the Company has received shareholders approval and will take approval from other statutory authorities. (As Per BSE Annoncement Website Dated on 25/04/2011) 
21-Jun-08
Xo Infotech Ltd has informed BSE that the Board has decided to convene an Extra Ordinary General Meeting of the members of the Company on June 21, 2008. Xo Infotech Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on June 21, 2008, to approve the allotment of 1,50,00,000 convertible warrants. (As Per BSE Announcement Website Dated on 22.05.2008) Xo Infotech Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on June 21, 2008, inter alia, to issue, offer and allot upto 1,50,00,000 convertible warrants to be converted into equal number of equity shares of Rs10/- for cash at par on preferential allotment basis within 17 months of allotment, on such terms and conditions and in such manner as the Board may think fit, without offering the same to any person, who at the date of offer are holders of equity shares of the Company whether or not the acquisition of warrants or voting rights upon conversion of warrants result in a change in control and such equity shares allotted upon conversion of warrants shall rank pari passu in all respects with the existing shares of the Company. (As per BSE Announcement Website dated on 09/06/2008) Xo Infotech Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on June 21, 2008, has been decided to raise funds to the tune of Rs 15 Crores (Rupees Fifteen Crores only) by offering, issuing and allotting Convertible Warrants on Preferential basis. (As per BSE Announcement Website dated on 23/06/2008) 
29-Mar-08
The extraordinary General Meeting of the shareholders of the Company will be held on March 29, 2008 for considering the business as set out in the Notice. Xo Infotech Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on March 29, 2008, inter alia, to transact the following: 1. To approve the change in control of the management of the Company under regulation 12 of the Securities and Exchange Board of India (substantial Acquisition of Shares and Takeovers) Regulations, 1997 by designating Mr. Mahendra Ganatra as the Promoter Director of the Company to have control over its Management, in replacement of the existing promoters having control over the Company. (The said resolution to be passed by way of Postal Ballot). 2. To approve the change of Registered Office of the Company from Haryana to Delhi pursuant to Section 17 of the Companies Act 1956. (The said resolution to be passed by way of Postal Ballot). 3. To appoint Mr. Mahendra Ganatra as the promoter director of the Company. 4. To appoint Mr. Anil Mistry & Mr. Arvind Thakkar as the non-executive directors of the Company, liable to retire by rotation. 5. To appoint Mr. Mahendra Ganatra as Whole Time Director designated as Chairman & Managing Director of the Company with effect from March 29, 2008 with NIL remuneration for a period of five years or till he ceases to be a Director, whichever is earlier. (As per BSE Announcement Website dated on 25/03/2008) Xo Infotech Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on March 29, 2008, inter alia, have accorded the following: 1. Change in management of the Company in terms of regulation 12 of the SEBI (Substantial Acquisition or shares and Takeover) Regulations 1997, appointing Mr. Mahendra as the new Promoter in place of the existing promoters- Mr. Naresh Talwar and Mr. Umesh Talwar was carried as a special resolution. 2. Change of Registered Office from Haryana to Delhi. (These resolutions passed by the shareholders by way of Postal Ballot). 3. Appointment of Mr. Anil Mistry & Mr. Arvind Thakkar as non-executive Directors of the Company. 4. Appointment of Mr. Mahendra Ganatra, as Promoter Director and Managing Director of the Company for a period of 5 years effective from January 29, 2008. Further the Company has informed that, Mr. Navin Juneja has resigned from office of Managing Director of the Company with effect from March 29, 2008. (As per BSE Announcement Website dated on 31.03.2008) 
04-Nov-07
The board has decided to convene an Extra Ordinary General Meeting to he held on November 05, 2007 to approve the following businesses: a. To increase the authorized capital to Rs 51 crores. b. To issue 1,30,00,000 convertible warrants to be converted into equal number of equity shares of at a price of Rs 10/- each with in eighteen months from the date of allotment. c. To approve the QIP of Rs 15 crores as per the Chapter XIII-A of Securities & Exchange Board Of India (Disclosure and Investor Protection) Guidelines 2000. Xo Infotech Ltd has informed BSE that the an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on November 04, 2007, to approve the allotment of 1,30,00,000 convertible warrants. (As Per BSE Announcement Website Dated on 25/10/2007) 
29-Oct-06
Xo Infotech Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the Equity Shareholders of the Company will be held on October 29, 2006, for the purpose of considering and if though fit, to approve with or without modifications, a resolution under section 293(1)(a) of the Companies Act 1956 for approval of lease of Company's properties. Xo Infotech Ltd has informed BSE that pursuant to the order made by High Court of Punjab & Haryana at Chandigarh, a meeting of the Equity Shareholders of the Company will be held on October 29, 2006, for the purpose of considering and if thought fit, to approve with or without modifications, the Scheme of Amalgamation proposed for the de-merger of Information Technology business comprising of hardware & software units of the Company with Talbros Automotive Components Ltd. 

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 Enterp. 25,614.34 73.70 2.47 59.53 3.7 4.9 0.12
MMTC 24,630.00 148.37 17.33 118.78 8.4 12.0 3.40
3M India 4,192.44 79.18 6.94 32.75 11.3 16.0 0.08
PTC India 1,719.82 14.35 0.76 8.94 4.6 7.5 0.00
Rain Commodities 1,354.44 24.78 3.69 18.18 15.2 11.5 1.07
Anukaran Commerc 1,346.22 0.00 64.95 0.00 0.0 0.0 0.08
Ushdev Intl. 1,232.82 15.50 3.34 4.33 15.5 27.9 0.83
S T C 1,087.20 20.18 1.59 14.19 7.4 7.6 2.63
Sh.Global Trad. 838.73 174.57 1.90 81.23 0.4 4.7 0.00
Shree Shaleen 532.48 0.00 17.73 0.00 -2.3 -1.9 0.01
Aegis Logistics 502.84 15.68 1.69 7.14 14.6 16.6 0.27
CCL Inter 468.24 232.38 13.63 196.68 3.1 5.8 0.42
Steel Exchange 376.38 15.41 3.13 4.04 7.4 17.2 2.34
Vaarad Vent. 341.11 0.00 11.28 0.00 -0.3 1.1 0.12
Visagar Polytex 281.65 322.40 12.44 155.55 5.9 8.6 0.36

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Key Information

Key Executives:

Mahendra Ganatra , Chairman & Managing Director  

Amishkumar Dantara , Director  

Dhanpal J Gandhi , Director  


Company Head Office / Quarters:
304 Saffron Building Ambawadi,
Panchvati to Ambawadi Road,
Ahmedabad,
Gujarat-380006
Phone : 91-79-32458700
Fax :
E-mail : xoinfotech@yahoo.co.in
Web : http://www.xoinfotech.com
Registrars:
Beetal Fin.&Computer Ser.P Ltd
Beetal House 3rd Flr
99 Madangir

New Delhi - 110062

Fund Holding

 
Scheme Name No. of Shares
No data found

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