Minda Industries Share Price

Minda Industries

CMP as on 02-Dec-20 15:15

₹ 386.30
-1.80 -0.46%

Open

₹ 391.00

Turnover (lac)

₹ 235

Prev. Close

₹ 388.10

Day's Vol (shares)

₹ 60,863

Day's Range (₹)

₹ 380.55
₹ 393.30

CMP as on02-Dec-20 15:15

₹ 393.05
4.9 1.26%

Open

₹ 388.80

Turnover (lac)

₹ 66

Prev. Close

₹ 388.15

Day's Vol (shares)

₹ 8,624

Day's Range

₹ 380.80
₹ 394.00

Corporate Action

Go
Purpose AGM Date Announcement Date Book Closure Start Date Book Closure End Date
Board Meeting - 28-Oct-2020 - -
MINDA INDUSTRIES LTD.-$has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/11/2020 ,inter alia, to consider and approve the un-audited financial results (standalone & consolidated) of the Company for the quarter and half year ended on 30 September, 2020. We wish to inform that at the Board meeting of the Company held today i.e. 10 November, 2020, the Board of Directors approved the Un-Audited Financial Results (Standalone & Consolidated) for the Quarter and half year ended on 30 September, 2020. Pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith the following, duly signed: - 1) Un-Audited Standalone Financial Results for the quarter and half year ended 30 September, 2020 alongwith Limited Review Report of the Statutory Auditors thereon. 2) Un-Audited Consolidated Financial Results for the quarter and half year ended 30 September, 2020 alongwith Limited Review Report of the Statutory Auditors thereon. The meeting commenced at 12.45 p.m. and concluded at 2.40 p.m. These above results are also being made available on companys website www.unominda.com. It is for your information and records please. (As Per BSE Announcement dated on 10.11.2020)
Board Meeting - 14-Aug-2020 - -
MINDA INDUSTRIES LTD.-$has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 22/08/2020 ,inter alia, to consider and approve Pursuant to Regulation 29(1)(a) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 [the said Regulations], we are pleased to inform that the Board Meeting of Minda Industries Ltd. will be held on Saturday, 22 August, 2020, inter-alia to consider and approve the following matters: - 1)the Un-Audited Standalone Financial Results of the Company for the quarter ended on 30 June, 2020 and; 2)the Un-Audited Consolidated Financial Results of the Company for the quarter ended on 30 June, 2020. This is in continuation to our earlier letter dated 14 August,2020, wherein we have intimated the stock exchanges that the next meeting of the Board of Directors of the Company is scheduled to be held on 22 August, 2020. In this regard, the Notice of the Company was published in Financial Express (English) and Jansatta (Hindi) newspapers on 15 August, 2020. We are enclosing herewith the newspapers clipping. (AS Per BSE Announcement Dated on 17.08.2020) Unaudited Financial Results (Standalone & consolidated) for the quarter ended 30 June, 2020 (As Per BSE Announcement dated on 22.08.2020)
Board Meeting - 06-Aug-2020 - -
MINDA INDUSTRIES LTD.-$has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/08/2020 ,inter alia, to consider and approve This is further to our intimation on the outcome of the meeting of the Board of Directors dated June 29, 2020 which approved fund raising of INR 250 crore by way of a Rights Issue of equity shares. In connection to the above, please be informed that a meeting of the Board of Directors of the Company is scheduled to be held on Tuesday, 11 August, 2020 to consider, discuss and decide, inter alia various matters in connection with the Rights Issue including the terms and conditions such as Issue price, rights entitlement ratio, record date, timing of the Rights Issue and other related matters. Based on the outcome of the meeting, the Company will make such other disclosures, if any, as may be required under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This is further to our intimation dated June 29, 2020 with respect to the meeting of the board of directors (Board of Directors) of Minda Industries Limited (Company) held on June 29, 2020, approving the issue of equity shares of face value of ? 2 each (Equity Shares) of the Company, by way of a rights issue to the eligible shareholders of the Company for an amount aggregating up to ? 250 crores in accordance with applicable laws, including the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (SEBI ICDR Regulations and the issue Rights Issue). (As Per BSE Announcement Dated on 11.08.2020)
Board Meeting - 22-Jun-2020 - -
MINDA INDUSTRIES LTD.-$has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/06/2020 ,inter alia, to consider and approve Pursuant to Regulation 29(1)(a), 29(1)(e) and Regulation 29(1)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 [the said Regulations], we are pleased to inform that the Board Meeting of Minda Industries Ltd. will be held on Monday, 29 June, 2020, inter-alia to consider and approve the following matters: - 1)The Audited Standalone Financial Results of the Company for the quarter and year ended on 31 March, 2020. 2)The Audited Consolidated Financial Results of the Company for the quarter and year ended on 31 March, 2020. 3)Audited Financial Statements (Standalone and Consolidated) of the Company for the year ended on March 31, 2020. 4)The recommendation for final dividend, if any, for the financial year 2019-20. 5)Raising of funds by way of issuance of Non-Convertible Debentures on Private Placement basis. 6)Raising of funds by issue of Equity Shares on Right Issue Basis (Right Issue). This is further to our intimation dated June 29, 2020 with respect to the meeting of the board of directors (Board of Directors) of Minda Industries Limited (Company) held on June 29, 2020, approving the issue of equity shares of face value of ? 2 each (Equity Shares) of the Company, by way of a rights issue to the eligible shareholders of the Company for an amount aggregating up to ? 250 crores in accordance with applicable laws, including the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (SEBI ICDR Regulations and the issue Rights Issue). Revised outcome of the Board meeting of Minda Industries Limited (the Company) (As Per BSE Announcement dated on 11.08.2020)
Board Meeting - 26-Mar-2020 - -
MINDA INDUSTRIES LTD.-$has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 31/03/2020 ,inter alia, to consider and approve to consider and approve the various matter(s) including to raising of funds / issuance of securities by way of rights issue, public or private placement including Qualified Institutional Placement etc.,subject to approval of the shareholders of the Company. Board has considered and approved the following matters: -. 1) Investment in Toyoda Gosei Minda India Private Limited (Toyoda Gosei Minda) and acquisition of equity shares of Toyoda Gosei South India Private Limited (TGSIN) by Toyoda Gosei Minda Toyoda Gosei Minda is a Joint Venture Company of Toyoda Gosei Co. Ltd., Japan (holding 50.10% stake) and Minda Industries Ltd. and its Associates (holding 49.90% stake). It is engaged in the manufacturing of Airbags, Steering Wheels with Airbags and Body Sealing for automobiles and is supplying its products to leading OEMs including Maruti Suzuki & Toyota Kirloskar. Board has approved further investment in the equity shares of Toyoda Gosei Minda for Rs. 33.46 Crores through Right Issue. The Board also reviewed the investment proposal of Toyoda Gosei Minda and accorded its consent for the acquisition of 95% stake of Toyoda Gosei South India Private Limited by Toyoda Gosei Minda, based on the Valuation Report of an Independent Valuer. Toyoda Gosei South India Private Limited is engaged in the manufacturing and sales of Interiors & exteriors plastic moulded components, functional components, safety systems to leading OEMs including Toyota Kirloskar. It has a manufacturing plant located near Bangalore (Karnataka). The transaction is expected to be completed on or before September 2020. 2) Raising of Fund upto Rs. 700 Crores through issue of securities Board considered the proposal for fund raising upto Rs. 700 Crores, to be used for ongoing consolidation process, for new project(s), for working capital requirement of the company and for repayment of its debt/other financial obligation. The Board will seek approval for enabling resolution from the shareholders, for raising funds by way of Public or Private Placement, including by a Qualified Institutional Placement/ GDR/ FCCBs, to strengthen the overall capital structure of the Company. The aforesaid meeting was conducted through Electronic /Computerized means, as per the advisory note on preventive measures to curb the spread of COVID-19, issued by the Ministry of Corporate Affairs, vide D.O. No. Secy(MCA)/COVID-19/1/2020 dated 19 March, 2020. (As Per BSE Bulletin Dated on 01.04.2020) We wish to inform that the meeting of the Board of Directors of the Company held today i.e. 31 March, 2020, started from 11.30 a.m. and concluded at 1.00 p.m., wherein the Board has considered and approved the following matters: -. 1) Investment in Toyoda Gosei Minda India Private Limited (Toyoda Gosei Minda) and acquisition of equity shares of Toyoda Gosei South India Private Limited (TGSIN) by Toyoda Gosei Minda 2) Raising of Fund upto Rs. 700 Crores through issue of securities (As Per BSE Announcement dated 31.03.2020)
Board Meeting - 23-Jan-2020 - -
MINDA INDUSTRIES LTD.-$has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 06/02/2020 ,inter alia, to consider and approve 1)the Un-Audited Standalone Financial Results of the Company for the quarter and nine months ended on 31 December, 2019 and; 2)the Un-Audited Consolidated Financial Results of the Company for the quarter and nine months ended on 31 December, 2019. Submission of newspapers clippings of the Board Meeting notice published in the newspapers. (As Per BSE Announcement Dated on 24.01.2020) This is in continuation of our earlier letter dated 23 January, 2020, wherein we had informed that the Board Meeting of the Company will be held on 6 February, 2020, inter-alia to consider and approve the Un-audited Financial Results (Standalone and Consolidated) of the Company for the Quarter and Nine Months ended on 31 December, 2019. It is informed that in addition to the approval of Financial Results of the Company in the aforesaid meeting, the agenda item relating to declaration of interim dividend, if any, for the Financial Year 2019-20 will also be placed before the Board. (As Per BSE Announcement Dated 31.01.2020) The Board of Directors approved and declared an interim dividend at the rate of Rs. 0.40 per share i.e. 20% on 26,22,16,965 equity shares (face value of Rs. 2 each) for the financial year 2019-20. In terms of Regulation 42 of the Listing Regulations, the Board has fixed Tuesday, 18 February, 2020, as the Record Date for the purpose of ascertaining the eligibility of shareholders for the payment of interim dividend. The payment of interim dividend/dispatch of dividend warrants will be completed on or before 6 March, 2020 i.e. 30 days from the date of declaration. Un-Audited Financial Results (Standalone and Consolidated) for the quarter (Q3) and Nine Months ended on 31 December, 2019. Approval of the Interim Dividend and Intimation of Record Date The Board of Directors approved and declared an interim dividend at the rate of Rs. 0.40 per share i.e. 20% on 26,22,16,965 equity shares (face value of Rs. 2 each) for the financial year 2019-20. In terms of Regulation 42 of the Listing Regulations, the Board has fixed Tuesday, 18 February, 2020, as the Record Date for the purpose of ascertaining the eligibility of shareholders for the payment of interim dividend. The payment of interim dividend/dispatch of dividend warrants will be completed on or before 6 March, 2020 i.e. 30 days from the date of declaration. we wish to inform that the Board of Directors of Minda Industries Ltd (the Board) at its meeting held on 6 February, 2020 have, inter alia, approved the Draft Scheme of Amalgamation (Scheme). The aforesaid Scheme under section 230 to 232 of the Companies Act, 2013, inter alia, provides for the Amalgamation of Minda iConnect Private Limited (Transferor Company) with Minda Industries Limited (Transferee Company). (As Per BSE Announcement Dated on 06.02.2020)
Board Meeting - 23-Dec-2019 - -
We wish to inform that the Board of Directors of the Company at its meeting held on December 23, 2019, approved entering into Wheel Speed Sensor Business in India and South Korea by purchasing certain machinery from Sensata Technology Baoying Co Ltd and availing technical know-how and engineering support from Sensata Technology Changzhou Co. Ltd.