Dhanus Technologies (Delisted) share news and announcements

BSE: 532903

Last traded ₹0.08 on 16 Mar 2015

Delisted on 23 Aug 2017.

Dhanus Technologies share news and announcements

226 announcements, routine notices left out, newest first. Page 5 of 5.

  1. Oct 2008

    • 25 Oct · Corporate action

      Company will be closing its transfer books from November 22, 2008 to November 24, 2008 (both days inclusive) for the purpose of Annual General Meeting and for declaration of Dividend.

    • 21 Oct · Updates

      Dhanus Technologies Limited had informed the Exchange regarding the share purchase agreement towards the acquisition of Borusan Holding A.S. The Company has now informed the Exchange that "Company had initially entered into a Share Purchase Agreement for 100% acquisition of BorusanTelekom.The overall enterprise valuation of Borusan Telekom at the time of signing the Share Purchase Agreement was USD 30 million. Given the company's aggressive growth plans, through both the organic and inorganic route, it was felt at the time of signing that the valuation at which our Company was acquiring Borusan Telekom was not a cause for concern. However, in view of the volatile markets and the slow pace of consolidation in the last many months, the market capitalization of almost all companies have come down by 50-60% as compared to what it was at the beginning of the year. The bankruptcy of leading financial institutions, funds, and investment banks in the US and the vulnerability and possible collapse of European banks has led to severe melt-down of global markets resulting in a ripple effect thereby further impacting valuations of companies across all sectors. In view of erosion in valuations of companies over the last few months, the Company firmly believes that the enterprise valuation of Borusan Telekom has reduced substantially and it would therefore not be prudent and in the best interest of the company and its stakeholders to go ahead with the acquisition at earlier valuations".

    • 21 Oct · Board meeting

      Inter alia to consider and take on record the unaudited financial results of the company for the quarter ended September 30, 2008, apart from other business.

  2. Aug 2008

    • 14 Aug · Utilisation of Funds

      Vide notes to Accounts in the Audited financial results for the quarter and year ended June 30, 2008 (taken on record by the Board of Directors of the Company at its meeting held on August 12, 2008) regarding the utilization of funds raised by way of Initial Public Offer. 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 Aug · Dividend

      Boards of Directors of the Company at its meetings held on August 12, 2008 recommended a dividend of 17% for the financial year ended June 30, 2008 on the Paid-up Capital of the company, subject to the approval of the shareholders at the Annual General Meeting.

  3. Jul 2008

    • 29 Jul · Updates

      The company has withdrawn the application made to the Stock Exchanges for In-principal approval inconnection with issue of Equity Warrants to promoters / promoter groups/Directors/Directors Relatives/Nominees of Directors. The Company has obtained the shareholders approval on 12th March 2008 through Postal Ballot for the above issue

    • 29 Jul · Board meeting

      To consider inter alia the following subject apart from other routine business: To consider the audited Financial Results of the Company for the year ended June 30, 2008 and to consider the recommendation of dividend if any to the shareholders.

    • 21 Jul · Results

      The Audited financial results of the Company for the year ended June 30, 2008 will be published before September 30, 2008. Hence, we may be allowed not to publish unaudited financials for the quarter ended June 30, 2008

  4. May 2008

    • 23 May · Updates

      The Company is launching a new service branded "V-Tel Mobile Service". V- Tel mobile service is aimed at Indians traveling abroad and can be used in 229 countries in the world. V- tel mobile offers free incoming calls in over 50 countries and charges discounted rates for home country calls as well as for calls made within the respective country during travel. This will help international travelers save call charges upto 95%. The company has already obtained the required permissions from the Department of Telecommunications to offer this service to Indian travelers.

  5. Apr 2008

    • 30 Apr · Utilisation of Funds

      Vide notes to Accounts in the unaudited financial results for the quarter and nine months ended March 31, 2008 (taken on record by the Board of Directors of the Company at its meeting held on April 29, 2008) regarding the utilization of funds raised by way of Initial Public Offer. 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 Apr · Board meeting

      Inter alia to consider and take on record the unaudited financial results of the company for the quarter ended March 31, 2008, apart from other business.

  6. Mar 2008

    • 31 Mar · Memorandum of Understanding

      Our company has entered into MOU on 30th March, 2008 in consortium with Shoba AppliedDSP Private Limited having its registered office at SRIT House, #113/1B, ITPL Main Road, Kundalahali, Bangalore - 560 037 and Kiran Technologies, a Partnership Firm having its office at Elukadu House, South Paravoor P.O., Ernakulam - 682 320 for providing Vehicle Tracking Services and Passengers information services with The Kerala State Private Bus Operations Federation, a Society Registered under the Societies Act having its office at Machingal Lane, Trichur 680 001 (hereinafter referred to as "The Federation") to more than 20,000 buses of member owners of the Federation throughout the State of Kerala

    • 17 Mar · Results

      Following information and records : (1) Copy of Scrutinizer's Report, (2) Copies of Result announced by the chairman of the company for Resolution(s) Nos.1 to 9. The 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.

    • 12 Mar · Results

      Scrutinizer has submitted his report on the Resolutions voting conducted through postal ballot and results have been announced by the Chairman of the Company. The details of the results of the Postal Ballot 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. Feb 2008

    • 7 Feb · Meeting

      Pursuant to section 192A of the Companies Act, 1956 read with the Companies (Passing of Resolution by Postal Ballot) Rules, 2001 the company is seeking shareholders approval by passing Resolution through Postal Ballot to transact the following special business : 1) Increase in the Authorised Share capital and alteration of the memorandum of association of the company. 2) Issue of Equity Warrants to Promoters / Promoters Group / Directors / Directors Relatives / Nominees of Directors. 3) Raising of resources through issue of securities in the international markets. 4) Increase in Borrowing Limits. 5) Creation of Charge. 6) Appointment of Auditors. 7) Modification in terms of Remuneration of Executive chairman. 8) Revision in the Remuneration of Vice Chairman. 9) Modification in terms of Remuneration of Joint Managing Director. The Board of Directors of the Company at its meeting held on January 21, 2008 has appointed Shri. R. Balasubramaniam, B.A., B.L., F.C.S., Practicing Company Secretary as the Scrutinizer to receive and scrutinize the completed postal ballot papers from the members. The duly completed postal ballot forms should reach the Scrutinizer on or before March 05, 2008. The Scrutinizer will submit his report to the Chairman after completion of the scrutiny and the results of the postal ballot will be announced on March 12, 2008. The details of the Postal Ballot 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. Jan 2008

    • 25 Jan · Utilisation of Funds

      Details of utilization of funds received from Initial Public Offer of equity shares for the period ended December 31, 2007. 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.

    • 24 Jan · Proceedings of Board Meeting

      Vide its letter dated January 21, 2008 that "At the Board meeting held today the Board of Directors have considered the subject of Extra Ordinary General Meeting and decided to pass the following resolution through Postal ballot under Section 192 (A) of the Companies Act, 1956 after completing the necessary formalities: (1) To increase the Authorised Capital from Rs.20.00 Crores to Rs.40.00 Crores. (2) To increase the Borrowing under Section 293 (1)(d) to Rs.1000.00 Crores. (3) To increase the Power to create, mortgage / Charge under Section 293 (1) (a) to Rs.1000.00 crores. (4) To consider raising of funds upto 100 million USD through FCCB/ ECB after getting the necessary regulatory clearances. (5) To consider the preferential issue of share warrants to promoters / promoter groups, Directors and other nominees for the total issue of 17,50,000 share warrants after completing necessary formalities and complying with SEBI DIP Guidelines. (6) Revision of remuneration to Vice Chairman. (7) Modification in terms of remuneration to Chairman and Joint Managing Director".

    • 17 Jan · Business

      In accordance with the acquisition of companies in line with the Company's strategic growth plan, the company has entered share purchase agreement on January 16, 2008 agreeing with Borusan Holding A.S for the 100% acquisition of the Borusan Telekom, Turkey's first alternative telecom operator with 'A' type license and this is subject to the company obtaining the necessary approval(s) and clearance(s) from the various authorities

    • 11 Jan · Board meeting

      Inter alia to consider the following, apart from other business : 1) To consider the Unaudited Financial Results of the Company for the quarter ended December 31, 2007. 2) To consider the following business(s), subject to the approval of the shareholders and other regulatory authorities, if any : a) Increase in Authorized Capital . b) Issue of Preferential Share Warrants to Promoters/ Promoters Group. c) Raising of funds through FCCB/ECB. d) Increase the borrowing powers. e) Increase the powers to create mortgage/ charge. f) Change of Statutory Auditors. g) Modification in terms of remuneration of Chairman and Joint Managing Director. h) Revision in remuneration of Vice - Chairman. 3) To consider fixing of date and venue for Extra- Ordinary General Meeting to transact the above mentioned business.

  9. Dec 2007

    • 3 Dec · Miscellaneous

      Company has launched its product called "FLEETRAC", a vehicle Tracking System on November 29, 2007. It is an advance tracking service for remote monitoring and tracking of vehicles.

    • 3 Dec · Management

      The Company in the Board Meeting held on November 29, 2007 appointed Shri. S Kalyanam, Retired Judge as an Additional Director of the Company.

  10. Nov 2007

    • 23 Nov · Memorandum of Understanding

      We have entered into a Memorandum of Understanding with a E-Governance Solution Provider Company called Sreeven Infocom Pvt Ltd., Hyderabad on Nov 21, 2007. The MOU provides for conversion of Sreeven Infocom Pvt Ltd., into a Public Limited Company and subsequently allot around 2.5 million Equity Shares of Rs.10/- each (at a premium of Rs.10/- each) subject to the Company obtaining the necessary regulatory approvals.

    • 20 Nov · Management

      The company has received intimation from Mr. V Naryanaswamy, Managing Director of the Company stating that he is being appointed as Additional Director of M/s. Sree sella Infrastructure & Projects Limited

  11. Oct 2007

    • 29 Oct · Proceedings of Board Meeting

      Dhanus Technologies Limited had informed the Exchange that the Board has deliberated the subject of corporate Debt/ ECB's and decided to go in for FCCB's up to 200 million US dollars subjects to regulatory approval and general body and compliance of applicable laws and procedures. The Company has now informed the exchange that the Board has decided to raise FCCB's upto 200 million US dollars subject to regulatory approval and general body and compliance of applicable laws and procedures to consider the acquisition of companies in line with the Company's strategic growth plan."

    • 27 Oct · Proceedings of Board Meeting

      Mr. S. Muthukrishnan has been nominated as Vice Chairman of the Company at the Board Meeting held on October 27, 2007. The Board has also deliberated the subject of corporate Debt/ ECB's and decided to go in for FCCB's up to 200 million US dollars subjects to regulatory approval and general body and compliance of applicable laws and procedures.

    • 18 Oct · Board meeting

      Inter alia to consider the following the business: (1) To consider appointment of Mr.S Muthukrishnan as Vice-Chairman of the Company. (2) To consider the Unaudited Financial Results of the Company for the quarter ended September 30, 2007. (3) To consider raising of funds by way of debts / External Commercial Borrowings up to a limit of USD 200 million subject to Regulatory Approvals. (4) To consider acquisition of Indian Company / Companies abroad from funds raised as stated above.