ABG Shipyard (Delisted) share news and announcements

BSE: 532682

Last traded ₹1.20 on 15 May 2019

Delisted on 19 Oct 2020.

ABG Shipyard share news and announcements

848 announcements, routine notices left out, newest first. Page 17 of 17.

  1. Jul 2008

    • 30 Jul · Meeting

      Board of Directors of the Company at its meeting held on July 30, 2008 inter alia, have accorded their consent for the following: 1) The Net Sales has increased by 38.99% from Rs.196.63 crore for the quarter ended June 30, 2007 to Rs. 273.30 crore for the quarter ended June 30, 2008. The net profit has increased by 40.71% from Rs.33.41 crore for the quarter ended June 30, 2007 to Rs.47.01 crore for the quarter ended June 30, 2008. 2) The Register of Members & Share Transfer Books of the Company will remain closed from September 15, 2008 to September 22, 2008 (both days inclusive) for the purpose of payment of Dividend, if declared, and Annual General Meeting (AGM) of the Company to be held on September 22, 2008.

    • 22 Jul · Board meeting

      Meeting on 30 Jul 2008: “Unaudited Financial Results for the Qtr ended June 30, 2008”

    • 9 Jul · News Verification

      News Verification : The media had reports that ABG Shipyard Limited has bagged order worth $440 mn for two jackup rigs from Essar Shipping Ports and Logistics. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. ABG Shipyard Limited has vide its letter inter-alia stated, "We are in the shipbuilding industry and we deal with many potential parties. We announce only those orders which are converted into effective business by signing a contract. In the instant case, we would like to inform you that we are in advanced stage of negotiations with various parties including Essar Shipping Ports and Logistics, for the construction of Jack-up Rigs. However, no formal contract has been concluded to this effect between the Company and any other parties, as on date."

  2. Jun 2008

    • 30 Jun · Updates

      Company has delivered vessel to Lamnalaco Group, U.A.E. & TAG Sea Logistics Ltd, Mumbai. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 27 Jun · Updates

      Company has bagged a prestigious order for the construction of 3 units of sub-sea multi purpose vessels from Sealion Shipping Limited on behalf of Toisa Limited. These vessels are designed for a world class subsea and ROV support duties. The total order size is approx Rs. 585 cr (US $ 136.65 Mio). The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 17 Jun · Utilisation of Funds

      Vide notes to account in the audited Financial Results for the year ended March 31, 2008 (taken on record by the Board of the Directors of the Company at its Meeting held on June 10, 2008) regarding the projection of deployment of funds made by the Company in the Prospectus dated November 26, 2005. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 12 Jun · Updates

      Following :(1) Order from Marnavi Spa, Italy.(2) Order from Council for Scientific and Industrial Research (CSIR).The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 10 Jun · Board meeting

      Outcome of Board Meeting held on June 10, 2008.The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 10 Jun · Dividend

      Board of Directors of the Company in its meeting held on June 10, 2008 has recommended a Dividend @20% (Rs.2.00 per share) on the Equity Capital of the Company, subject to approval in the Annual General Meeting.

    • 2 Jun · Board meeting

      To consider, approve and take on record, inter-alia: 1) the Audited Quarterly and Annual financial results for the period ended March 31, 2008. 2) if thought fit, to recommend dividend for the year ended March 31, 2008.

  3. May 2008

    • 22 May · Updates

      Following: "Delivery of Vessel to Deep Sea Supply ASA, NORWAY". The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

  4. Apr 2008

    • 7 Apr · Results

      We intend to publish the Audited Financial Results for the year ended March 31, 2008 on or before June 30, 2008 i.e. 3 months from the end of the last quarter of the Financial Year. As such the Company will not be publishing un-audited results for the last quarter of the year

  5. Mar 2008

    • 18 Mar · Updates

      Company has received ship building subsidy amounting to Rs.12,79,57,884/- (Rupees Twelve Crores Seventy Nine Lakhs Fifty Seven Thousand Eight Hundred and Eighty Four Only) from the Ministry of Shipping, Road Transport and Highways, Government of India towards Yard No. 209 & 211.

  6. Feb 2008

    • 27 Feb · Updates

      "We have delivered a new Anchor handling tug supply vessel "LAMNALCO MALLARD" to the owner Lamnalco Group, UAE. The Lamnalco Mallard is the third vessel to be delivered to Lamnalco in this financial year. We have so far delivered 8 vessels, including the present one, to Lamnalco Group. Besides, the Company is building another 6 vessels for the Lamnalco group." The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 26 Feb · Limited Review Report

      Auditor's have conducted the limited review of the unaudited financial results for the quarter ended December 31, 2007. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

  7. Jan 2008

    • 15 Jan · Allotment of Warrants

      Vide its letter dated January 14,2008 that "The Board meeting of the Company held today, the company has allotted 40,00,000 warrants at the price of Rs. 796.66 per warrant to the promoters of the Company, M/s. ABG International Private Ltd."

    • 7 Jan · Utilisation of Funds

      Vide notes to Unaudited Financial Results for the quarter ended December 31, 2007 (taken on record by the Board of the Directors of the Company at its Meeting held on January 07, 2008) regarding the projection of deployment of funds made by the Company in the Prospectus dated November 26, 2005. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

  8. Dec 2007

    • 28 Dec · Board meeting

      1) To Consider and take on record, inter alia the un-audited financial results of the Company for the quarter ended December 31, 2007. 2) Any other business.

    • 28 Dec · Meeting

      Outcome of Extraordinary General Meeting of the members of the Company held on December 28, 2007. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 17 Dec · Updates

      "ABG bags Mega repeat Orders of over Rs.1000 Crores from existing International Customers taking its total Order Book Position to Rs.8277 Crores". The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 13 Dec · Miscellaneous

      The Company has delivered a new Anchor handling tug supply vessel "MARIDIVE-229" to the owner MARIDIVE & OIL SERVICES S.A.E. Egypt. The Maridive - 229 is the third AHTS vessel delivered to Maridive out of the total seven vessel building order received from the Egypt based company. About the Vessel:- The 61 meter 86T Bollard Pull Tug displaces 3,600 Tonnes fully loaded and is able to carry out Anchor handling, Towing Rescue Offshore Supply Transport Pipes fresh water, diesel oil, bulk cement, Stores, Materials and equipment, move men and materials between platforms and shore, external fire fighting and other related duties. The vessel is to supply , support the offshore oil and gas field on a twenty four (24) hour per day basis. This vessel is installed with sophisticated Dynamic Positioning capabilities (DP-2) with unmanned machinery space.

    • 5 Dec · Meeting

      Notice calling Extraordinary General Meeting of the Shareholders of the Company to be held on December 28, 2007. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 3 Dec · Miscellaneous

      The Company has received Demand Draft of Rs.6,48,77,052 (Rupees Six Crores Forty Eight Lakhs Seventy Seven Thousand and Fifty Two Only) from Ministry of Shipping, Government of India towards ship building subsidy for Yard No.210

  9. Nov 2007

    • 28 Nov · Meeting

      The Board of Directors at their Meeting held today i.e. on 28th November, 2007 inter alia, have accorded their consent for the following subject to the necessary approvals: (1) Approval of ESOS Scheme. (2) Approval of issue of Equity Shares to Qualified Institutional Buyers (QIBs). (3) Approval to create, offer, issue and allot convertible warrants to the Promoter(s) of the Company. We are also pleased to inform you that the Board of Directors of the Company have decided to convene an Extraordinary General Meeting of the members of the Company for the above purposes on Friday, the 28th December, 2007 at the Registered Office of the Company at Surat

    • 23 Nov · Limited Review Report

      Auditor's have conducted the limited review of the unaudited financial results for the quarter ended September 30, 2007. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 1 Nov · Utilisation of Funds

      Vide notes to Accounts in the Unaudited Financial Results for the quarter ended September 30,2007 (taken on record by the Board of the directors of the Company at its meeting held on October 29, 2007) regarding the projection of deployment of funds made by the Company in the Prospectus dated November 26, 2005. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

  10. Oct 2007

    • 31 Oct · Board meeting

      Outcome of Board Meeting held on October 29, 2007. The Net Sales has increased by 26% from Rs. 168 crore for the quarter ended September 30, 2006 to Rs.211.85 crore for the quarter ended September 30, 2007. The net profit has increased by 26% from Rs. 27.07 crore for the quarter ended September 30, 2006 to Rs. 34.11 crore for the quarter ended September 30, 2007. The Board inter-alia, has also approved the following : 1) Re-appointment of Shri. Rishi Agarwal, as Managing Director of the Company. 2) Re-appointment of Shri. R.S. Nakra as Executive Director (Technical) Director of the Company.

    • 19 Oct · Board meeting

      Meeting on 29 Oct 2007: “Unaudited Financial Results for the Qtr ended Sept 30, 2007”

  11. Sep 2007

    • 28 Sep · Meeting

      Following Articles were inserted into the Articles of Association of the Company vide Special Resolution passed by the Members at the Annual General Meeting of the Company held on September 27, 2007 : 1) Article 88A- The option or right to call of shares shall not be given to any person except with the sanction of the Company in general meetings. 2) Article 88B- The Company shall accept and honour the request from its members for sub-division or consolidation of the share certificates. 3) Article 88C- The Company shall not refuse registration of transfer on the ground of the transferor being either alone or jointly with any other person or persons indebted to the Company on any account whatsoever.

    • 27 Sep · Meeting

      Outcome of Annual General Meeting of the Company held on September 27, 2007. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 27 Sep · Miscellaneous

      "ABG Shipyard concludes the order for construction of 12 Handysize bulk carriers of 35000 DWT each from M/s Bereederungsgesellschaft H. Vogemann GmbH & Co.KG, Hamburg, Germany for approximately USD 360 Million (Rs.1439 Crores Approx). With this order, ABG's aggregate order book now stands at Rs.7121 Crores". The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 13 Sep · Board meeting

      Vide its letter dated September 12, 2007 that "A meeting of the Boards of Directors of ABG Shipyard Limited (the "Company") was held in Mumbai, today, at which the Company's involvement in the proposal for revival and rehabilitation of Western India Shipyard Limited ("WISL") in terms of a scheme of compromise and arrangement between WISL and its secured lenders, with the Company as a confirming party, under Sections 391-394 of the Companies Act 1956 (the Scheme") was considered and approved. The Scheme provides certain options for the restructuring/ one time settlement of the debt of the secured lenders of WISL with the involvement of the Company, along with other matters connected with the compromise and arrangement, including reorganization of share capital of WISL. All the above are subject to requisite approvals including those of Stock Exchange under the Listing Agreement, shareholders of WISL, creditors of WISL, any regulatory authorities and sanction of the scheme of compromise and arrangement, in terms thereof by the High Court of Bombay at Panaji, Goa".

    • 10 Sep · Board meeting

      To consider the involvement of the Company in a scheme of compromise and arrangement between M/s. Western India Shipyard Ltd. and its secured lenders under Section 391-394 of the Companies Act, 1956, for the rehabilitation and revival of M/s. Western India Shipyard Ltd.

  12. Aug 2007

    • 30 Aug · Miscellaneous

      Delivery of Vessel to Vroon B.V. The Netherlands. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 20 Aug · Miscellaneous

      Delivery of Vessel to Lamnalaco Group UAE & Deep Sea Supply ASA, Norway. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

  13. Jul 2007

    • 27 Jul · Utilisation of Funds

      The Company made projection of deployment of funds in the Prospectus dated 26th November, 2005 as follows : (1) Cost of setting up a new shipyard (including marging money); Projections :- 40000.00; Actuals :- 18644.13. (2) Incremental Working Capital Margin for existing business; Projections :- 5000.00; Actuals :- 5000.00. (3) General Corporate Purpose; Projections :- 3054.80; Actuals :- 3054.80. (4) Issue Expenses; Projections :- 1170.20; Actuals :- 1170.20. Total Projections :- 49225.00; Actuals :- 27869.13

    • 27 Jul · Meeting

      Register of Members & Share Transfer Books of the Company will remain closed from September 24, 2007 to September 27, 2007 (both days inclusive) for the purpose of payment of Dividend, if declared, and Annual General Meeting of the Company to be held on September 27, 2007.

    • 24 Jul · Receipt of Order

      "We have secured a major order for Construction of 12 vessels of approximately 32,000 DWT, for a total price of US $ 360 million (Rs. 1460 crores) from Precious Shipping Public Co. Limited, Thailand, as a part of its ship acquisition programme". The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 16 Jul · Board meeting

      Meeting on 25 Jul 2007: “Unaudited financial results for quarter ended June 30, 2007”

  14. Jun 2007

    • 19 Jun · Dividend

      Board of Directors of the Company at their meeting held on June 18, 2007 has recommended a dividend of Rs.1.50 per equity share of Rs.10/- each (15%) for the year ended March 31, 2007.

    • 14 Jun · Miscellaneous

      Our company has been awarded with a 'Shield for Star Performer as Large Enterprise' in the product group of Other Transport Equipments including Vessels in recognition of our outstanding contribution to Engineering Exports during the year 2005-06." "While on the subject, we are pleased to inform you that we have been recipient of 'All India Trophy for Highest Exporters in the category of highest growth in export - Non SSI, for the fourth consecutive year and 5th overall i.e. 2000-01, 2002-03 and 2003-04, 2004-05 & 2005-06' given by the engineering Export Council and also got trophy for highest exporter for highest growth in exports (non SSI) for our performance during the year 2003-04 awarded by the Engineering Export Promotion Council

    • 8 Jun · Board meeting

      To consider inter-alia, the Audited Quarterly and Annual financial results for the period ended March 31, 2007.

  15. May 2007

    • 24 May · Memorandum of Understanding

      We have signed a Memorandum of Understanding (MOU) for acquisition of Vipul Shipyard (Vipul) situated adjacent to the Company's existing shipyard at Magdalla Port, District- Surat, Gujarat. With this ABG will add substantial land with a good water front to its resources along with slipway and other necessary plant & equipment for shipbuilding. This acquisition would facilitate further expansion of ABG's shipbuilding activities at the above shipyard and would enable ABG to enhance its shipbuilding capacity from the present 32 to 40 vessels on modular basis in future. This acquisition will facilitate the optimal use of resources in ABG's existing shipyard & new facility to synergise productivity and achieve economies of scale. On this occasion, the Company's spokesperson said that "this is a strategic acquisition for ABG considering the location of Vipul, which is adjacent to the existing shipbuilding facility of ABG at Surat and this acquisition is a move to augment its resources for further consolidation of shipbuilding capacity in the growing segments of offshore, coastal shipping & other avenues of shipbuilding".

    • 21 May · News Verification

      News Verification : The media had reports that ABG Shipyard Limited may bag a Rs 900-1000 Cr order from a European company. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. ABG Shipyard Limited has vide its letter inter-alia stated, "In this regard, we wish to inform you that as we are in the ship-building industry, we deal with many potential enquires and we announce only those which are converted into effective business. In the instant case, we would like to bring to your notice that as on date we do not have any such effective order."

  16. Apr 2007

    • 28 Apr · Board meeting

      The Board of Directors of the Company at its meeting held today, i.e. 28th April, 2007 has transacted the following : (1) Acceptance of resignation of Mr. Mehernosh R. Pardiwala, Director from the Board. (2) Reconstitution of committees, viz. Audit Committee & Remuneration-cum-Nomination Committee. (3) Noting of Annual Disclosures by Directors under Section 299 of the Companies Act, 1956.

    • 23 Apr · Board meeting

      To consider inter-alia, the following business: (1) Resignation of a Director, Mr Mehernosh R. Pardiwala (2) Re-constitution of Committees.

    • 18 Apr · Results

      We intend to publish the Audited Results for the year ended March 31, 2007 on or before June 30, 2007 i.e. 3 months from the end of the last quarter of the Financial year. As such the Company will not be publishing un-audited results for the last quarter of the year.

    • 11 Apr · Business

      We have secured a major order for Construction of 4 No. of 54,000 DWT Supramax Bulk Carriers, at a price of US$ 139.0 million (Rs. 618 crores) from Essar Shipping & Logistics Limited., Cyprus as a part of its ship acquisition programme. General information about the vessel is as under : (1) Order for - Construction of 4 No. 54,000 DWT Supramax Bulk Carriers. (2) Value of the Vessel - US$ 139.0 million (Rs. 618 crores). (3) Delivery period - By March, 2011. Following this order the order book position of the Company, as on date, stands at about Rs. 40,737.7 Mio (US$ 915.5 Mio).