Asian Electronics (Delisted) share news and announcements
BSE: 503940
Last traded ₹1.78 on 16 Mar 2015
Delisted on 4 Jul 2018.
Asian Electronics share news and announcements
358 announcements, routine notices left out, newest first. Page 3 of 8.
Feb 2012
13 Feb · Board meeting
Company had informed the Exchange regarding a Board meeting to be held on February 14, 2012 inter alia, to consider and take on record, the Unaudited Financial Results of the Company for the quarter ended December 31, 2011. The Company has now informed the Exchange that February 14, 2012 is not suitable to two of Company Directors. Under the Circumstances, the Board Meeting will be held on February 15, 2012 instead of February 14, 2012.Not held on this date
7 Feb · Board meeting
Inter alia, to consider and take on record, the Unaudited Financial Results of the Company for the quarter ended December 31, 2011.
Dec 2011
23 Dec · Updates on forthcoming Board Meetings
With reference to the Meetings of Audit Committee as well as Board of Directors of Asian Electronics Ltd for approval of the Unaudited Financial Results for the second quarter/half year ....14 Dec · Board meeting
Inter alia, to consider and take on record, the Unaudited Financial Results of the Company for the Quarter and Half Year ended September 30, 2011.
Nov 2011
16 Nov · Board Meeting Postponed
Asian Electronics Limited had informed the Exchange that the meeting of the Board of Directors and the Audit Commitee thereof to be held on November 14, 2011, inter alia to consider and take on record the unaudited financial results for the quarter and half year ended September 30, 2011. The Company has now informed that the said meeting of the Board of Directors and the Audit Committee has been postponed due to non-availability of the certain Directors including the Chairman of the Audit Commitee. Further, the Company shall notify the stock Exchanges of the revised date of the Board meeting to be held to consider and take on record the unaudited financial results for the quarter and half year ended September 30, 2011, as soon as the date is finalized.7 Nov · Board meeting
Inter alia, to consider and take on record, the Unaudited Financial Results of the Company for the Quarter and Half Year ended September 30, 2011.
Oct 2011
3 Oct · Management
Shareholders of the Company at the Annual General Meeting held on September 22, 2011. have resolved on matters as under: (1) Mr. S. Neelakanta Iyer who was appointed as Additional Director at the Board meeting held on June 07, 2011 and whose appointment as Additional Director ceased on the date of this Annual General Meeting. was appointed as the Director of the Company. (2). Mr. S. Neelakanta Iyer was further appointed as the Executive Director & Jt. Chief Executive Officer (Manufacturing Operations) of the Company for a period of 2 years with effect from June 01, 2011 on a remuneration to be determined by the Compensation Committee of the Board of Directors. (3) Mr. Rajesh I. Mehta. who was earlier appointed as Additional Director at the Board meeting held on , June 07, 2011 and whose appointment as Additional Director ceased on the date of this Annual General Meeting was appointed as the Director of the Company. (4) Mr. Rajesh I. Mehta was further appointed as the Executive Director & Jt. Chief Executive Officer (Technology & Finance) of the Company for a period of 2 years, with effect from June 01, 2011. on a remuneration to be determined by the Compensation Committee of the Board of Directors.
Sep 2011
9 Sep · Limited Review Report
Auditors have conducted the limited review for the un-audited financial results for the quarter ended June 30,2011. 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 Sep · Limited Review for the quarter ended June 30, 2011
Aug 2011
20 Aug · Meeting
Register of Members & Share Transfer Books of the Company will remain closed from September 21, 2011 to September 22, 2011 (both days inclusive) ....19 Aug · Meeting
Register of Members and the Share Transfer Books of the Company will remain closed from September 21, 2011 to September 22, 2011 (both days inclusive) for the purpose of the Annual General Meeting of the Company which will be held on September 22, 2011.10 Aug · Board meeting
Inter-alia, to consider and take on record, the Unaudited Financial Results of the Company for the first quarter ended June 30, 2011.
Jul 2011
12 Jul · Updates
One of the bankers viz. IDBI Bank Ltd. (IDBI), have withdrawn the nomination of their nominee on the Board of Directors of the Company with effect from June 28, 2011. The said withdrawal of nomination was conveyed by IDBI to the Company vide its Letter No. SS-CB. 53/430/Nom.8 dated June 28, 2011.11 Jul · Updates
One of the Company's Bankers viz. IDBI Bank Ltd. (IDBI) have withdrawn the nomination of their nominee on the Board of Directors of the Company ....
Jun 2011
22 Jun · Updates on Grant of Options
Following: Pursuant to the Stock Options granted under the Employee Stock Option Scheme, 2005 (ESOS 2005) to eligible employees of ....22 Jun · Disclosure
Pursuant to the Stock Options granted under the Employee Stock Option Scheme, 2005 (ESOS 2005) to eligible employees of the Company, four employees have exercised 1,01,550 (One Lakh One Thousand Five Hundred and Fifty Only) Stock Options, in aggregate, into equal number of equity shares, on June 20, 2011. Further, since the ESOS 2005 scheme is administered through the Trust route, the said 1,01,550 shares shall be transferred from the Trust settled for the purpose to the concerned exercisee(s) and consequently, there shall not be any increase in the paid up capital of the Company pursuant to the aforesaid exercise.17 Jun · Disclosure
Compensation Committee of the Board of Directors of the Company has, vide its Circular Resolutions dated April 01, 2011, granted Options to the eligible Directors/ Employees of the Company as per the details given below: (1) 4,98,450 Stock Options have been granted to certain eligible Executives of the Company, which shall be exercisable into equal number of fully paid-up Equity Shares of the Company of the face value of Rs. 5/- each, in one or more tranches, on payment of exercise price of Rs. 10.75/- per share, to the Company, on the terms and conditions determined by the Compensation Committee under the Employees Stock Option Scheme - 2005. (2) 41,80,057 Stock Options have been granted to certain eligible Directors and Executives of the Company, which shall be exercisable into equal number of fully paid up Equity Shares of the Company of the face value of Rs. 5/- each in one or more tranches on payment of exercise price of Rs. 10.75/- per Share, to the Company, on the terms and conditions determined by the Compensation Committee, under Employees' Stock Option Scheme - 2009.17 Jun · Grant of Options
Compensation Committee of the Board of Directors of the Company has, vide its Circular Resolutions dated April 01, 2011, granted Options ....9 Jun · Updates
Mr. S. Neelakanta Iyer, President - Manufacturing Operations has been promoted to the position of Executive Director & Jt. Chief Executive Officer (Manufacturing Operations) with effect from June 01, 2011. Similarly, Mr. Rajesh Mehta, President - Research & Development, has been promoted to the position of Executive Director & Jt. Chief Executive Officer (Technology & Finance) with effect from June 01, 2011.9 Jun · Management
Mr. S. Neelakanta Iyer, President - Manufacturing Operations has been promoted to the position of Executive Director & Jt. Chief Executive Officer ....8 Jun · Board meeting
Board of Directors of the Company at its postponed meeting held on June 07, 2011, inter alia, has not recommended any dividend on Equity ....3 Jun · Board meeting
Company had informed the Exchange regarding a Board meeting to be held on May 28, 2011 To consider the following business : (1) To consider, adopt and take on record, the audited Annual Accounts of the Company for the Financial Year ended March 31, 2011; (2) To recommend Dividend on Equity Shares, if any. The Company has now informed the Exchange that the said Meetings have been postponed to June 07, 2011 on account of non-availability of minimum number of Directors required to form quorum to hold the respective meetings.
May 2011
18 May · Board meeting
To consider the following business : (1) To consider, adopt and take on record, the audited Annual Accounts of the Company for the Financial Year ended March 31, 2011; (2) To recommend Dividend on Equity Shares, if any.18 May · Board meeting
Meeting of the Board of Directors of the Company will be held on May 28, 2011, inter alia, to consider the following business: 1. To ....
Apr 2011
21 Apr · Exercise of Stock Option into Equity Shares
1. Pursuant to the Stock Options granted under the Employee Stock Option Scheme, 2005 (ESOS 2005) to eligible employees, the Company ....21 Apr · Disclosure
Pursuant to the Stock Options granted under the Employee Stock Option Scheme, 2005 (ESOS 2005) to eligible employees, the Company has received request for exercise of 1,58,730 (One Lakh Fifty Eight Thousand Seven Hundred and Thirty only) Stock Options into equal number of equity shares. Towards the exercise of the aforesaid 1,58,730 Stock Options, the Exercise price of Rs. 12.60/- per share aggregating to Rs. 20,00,000/- (Rupees Twenty Lakh only) has already been received by the Company. Further, since the ESOS 2005 scheme is administered through the Trust route, the said 1,58,730 shares have been transferred from the Trust settled for the purpose to the concerned exercisee(s) and consequently, there has not been any increase in the paid up capital of the Company pursuant to the aforesaid exercise. Pursuant to the Stock Options granted under the Employee Stock Option Scheme 2009 (ESOS 2009) to eligible Directors, the Company has received request for exercise of 2,50,000 (Two Lakh Fifty Thousand only) Stock Options into equal number of equity shares. Towards the exercise of the aforesaid 2,50,000 Stock Options, the Exercise price of Rs. 12.60/- per share aggregating to Rs. 31,50,000/- (Rupees Thirty One Lakh Fifty Thousand only) has already been received by the Company. Further, since the ESOS 2009 scheme is administered through the Trust route, the said 2,50,000 shares have been transferred from the Trust settled for the purpose to the concerned exercisee(s) and consequently, there has not be any increase in the paid up capital of the Company pursuant to the aforesaid exercise.15 Apr · Change in Company Secretary & Compliance Officer
Mr. R. D. Goradia, Executive Director (Not on Board) & Company Secretary & Compliance Officer has ceased to act as the Company Secretary ....15 Apr · Exercise of Stock Options into Equity Shares
1. Pursuant to the Stock Options granted under the Employee Stock Option Scheme, 2005 (ESOS 2005) to eligible employees, the Company ....15 Apr · Disclosure
Pursuant to the Stock Options granted under the Employee Stock Option Scheme, 2005 (ESOS 2005) to eligible employees, the Company has received request for exercise of 79,365 (Seventy Nine Thousand Three Hundred and Sixty Five only) Stock Options into equal number of equity shares. Towards the exercise of the aforesaid 79,365 Stock Options, the Exercise price of Rs. 12.60/- per share aggregating to Rs. 10,00,000/- (Rupees Ten Lakh only) has already been received by the Company. Further, since the ESOS 2005 scheme is administered through the Trust route, the said 79,365 shares shall be transferred from the Trust settled for the purpose to the concerned exercisee(s) and consequently, there shall not be any increase in the paid up capital of the Company pursuant to the aforesaid exercise.15 Apr · Results
Company will publish Audited Results for the year ended March 31, 2011 on or before May 30, 2011 i.e. within 60 days from the close of the Financial Year of the Company.15 Apr · Change in Company Secretary
Mr. R. D. Goradia, Executive Director (not on Board) & Company Secretary & Compliance Officer has ceased to act as the Company Secretary & Compliance Officer of the Company with effect from April 01, 2011. Mr. Charudatta A Kulkarni has been appointed as the Company Secretary & Compliance Officer of the Company with effect from April 01, 2011. However, Mr. R. D. Goradia shall continue to act as Executive Director (not on Board) of the Company.15 Apr · Results
Company proposes to file publish Audited Results for the year ended March 31, 2011 on or before May 30, 2011 i.e. within 60 days from the ....
Mar 2011
28 Mar · Business
(1) In view of the depressed levels of the price of the equity shares on the Stock Exchanges where the shares of the Company are listed and pursuant to the powers delegated by the General Meeting to the Compensation Committee of the Board of Directors, the said Compensation Committee has, vide its Circular Resolution dated 23rd March, 2011, revised the exercise price of the Stock Options downwards from the existing Rs. 28/- per share to Rs. 12.60/- per share, which is the closing price of the shares of the Company on the Stock Exchanges on the previous day i.e. 22nd March, 2011. In view of the aforesaid revision of exercise price, the 3,51,550 Stock Options granted to eligible employees of the Company under ESOS 2005 scheme and the 10,00,000 Stock Options granted to Directors of the Company under ESOS 2009, shall be exercisable at a price of Rs. 12.60/-, upon their vesting on March 30, 2011. (2) The Board of Directors of the Company, vide their Circular Resolution No. 5/2010-2011 dated March 25, 2011, has issued and allotted 10,00,000 equity shares of the Company to Asian Electronics Limited Employees Welfare Trust, 2009, ('the Trust') corresponding to the 10,00,000 Stock Options, granted to Directors of the Company, under the ESOS 2009 scheme, as the ESOS 2009 scheme is mandated to be administered through the Trust route.28 Mar · Allotment of Equity Shares
1. In view of the depressed levels of the price of the equity shares on the Stock Exchanges where the shares of the Company are listed ....3 Mar · Limited Review Report
Auditors have conducted the limited review for the un-audited financial results for the quarter ended December 31,2010. 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.
Feb 2011
24 Feb · Limited Review for the quarter ended Dec 31, 2010
5 Feb · Board meeting
To consider and take on record the Unaudited Financial Results for the quarter ended December 31, 2010.
Nov 2010
22 Nov · Limited Review for the quarter ended Sep 30, 2010