Essar Oil (Delisted) share news and announcements

BSE: 500134

Last traded ₹262.90 on 9 Feb 2016

Delisted on 17 Feb 2016.

Essar Oil share news and announcements

713 announcements, routine notices left out, newest first. Page 14 of 15.

  1. Mar 2009

    • 6 Mar · Updates

      Company has planned a shut-down of the Refinery at Jamnagar from April 13, 2009 for a period of 18 days for planned maintenance and inspection of various process units. This is the first planned turn around since commissioning and commencement of commercial production in May 2008. During the shutdown it is proposed to take up certain jobs as part of ongoing refinery expansion program requiring refinery shutdown.

    • 5 Mar · Business

      At a meeting of the Board of Directors of the Company held on March 04, 2009, the following business was transacted: [1] Merger of 100% subsidiary with the Company: Approval was granted for a Scheme of Amalgamation of its 100% subsidiary, Essar Oil Vadinar Ltd. with the Company under the provisions of sections 391 to 394 of the Companies Act, 1956. [2] Withdrawal of Shri N S Kannan as Nominee of ICICI Bank Ltd: The withdrawal by ICICI Bank Limited, of its nominee, Shri N S Kannan, from directorship of the Company was noted end taken on record.

    • 5 Mar · Change in Registrar & Share Transfer Agent

      Vide its letter dated March 04, 2009 that "The Board of Directors has approved appointment of M/s. Datamatics Financial Services Limited as Share Transfer Agents (STA) of the Company in place of M/s. Sharepro Services (India) Pvt. Ltd. The Company is in the process of completing all the formalities."

  2. Feb 2009

    • 16 Feb · Disclosure

      Disclosure under Regulation 8A(4) of SEBI (SAST) Regulation, 1997. 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. Jan 2009

    • 31 Jan · Management

      At a meeting of the Board of Directors of the Company held on January 31, 2009 the following business was transacted : (1) Appointment of Shri P Sampath as Director Finance effective 1-04-2009 : Shri P Sampat has been appointed as Director Finance of the Company with effect from 1st April, 2009.

    • 31 Jan · Business

      Press release, dated January 31, 2009, titled "Essar Oil earnings release". The copy of the press release 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.

    • 31 Jan · Results

      Standalone Results for the quarter ended on 31-DEC-2008 as follows: Net Sales of Rs. 837900 lacs for quarter ending on 31-DEC-2008 against Rs. 14703 lacs for the quarter ending on 31-DEC-2007. Net Profit / (Loss) of Rs. (123000) lacs for the quarter ending on 31-DEC-2008 against Rs. (1340) lacs for the quarter ending on 31-DEC-2007.

    • 22 Jan · Board meeting

      Meeting on 31 Jan 2009: “Unaudited Financial Results for the qtr ended Dec 31, 2008”

    • 9 Jan · Disclosure

      Teletech Investments (India) Limited and ETHL Global Capital Limited (Acquirers) proposes to acquire upto 6,70,00,000 Equity shares aggregating to 5.58% of the shares/voting rights of Essar Oil Limited from Essar Investments Limited. The mode of proposed acquisition is by way of Inter-se transfer amongst group companies u/r 3(1)(e)(i) of SAST and the date of proposed acquisition is January 15, 2009 or a later date. The acquisition price per share is previous day's closing rate on NSE. The shareholding of Teletech Investments (India) Limited and ETHL Global Capital Limited after the proposed acquisition would be 9,56,40,916 shares aggregating to 7.96% of the shares/voting rights of Essar Oil Limited. 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. Nov 2008

    • 4 Nov · Limited Review Report

      Auditor's have conducted the limited review of the Unaudited financial results for the quarter ended September 30, 2008. 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.

  5. Oct 2008

    • 31 Oct · Management

      At a meeting of the Board of Directors of the Company held today i.e. October 31, 2008, the following business was transacted: 1) The Board took note of the appointment of Shri R P Singh as Nominee of IFCI Ltd, in place of Shri Sanjeev Ghai.

    • 31 Oct · Results

      Standalone Results for the half year ended on 30-SEP-2008 as follows: Net Sales of Rs. 2237900 lacs for half year ending on 30-SEP-2008 against Rs. 36793 lacs for the half year ending on 30-SEP-2007. Net Profit / (Loss) of Rs. 5600 lacs for the half year ending on 30-SEP-2008 against Rs. (1977) lacs for the half year ending on 30-SEP-2007.

    • 31 Oct · Results

      Standalone Results for the quarter ended on 30-SEP-2008 as follows: Net Sales of Rs. 1364600 lacs for quarter ending on 30-SEP-2008 against Rs. 17660 lacs for the quarter ending on 30-SEP-2007. Net Profit / (Loss) of Rs. 2600 lacs for the quarter ending on 30-SEP-2008 against Rs. (1409) lacs for the quarter ending on 30-SEP-2007.

    • 23 Oct · Board meeting

      Meeting on 31 Oct 2008: “Unaudited financial results for qtr ended September 30, 2008”

    • 15 Oct · Proceedings/Others

      Proceedings of the Annual General Meeting of the Company held on September 27, 2008. Further the company has also submiited a copy of Chairman Speech. A copies 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.

  6. Sep 2008

    • 29 Sep · Meeting

      Outcome of the Annual General Meeting of the Company held on September 27, 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.

  7. Jul 2008

    • 31 Jul · Meeting

      At a meeting of the Board of Directors of the Company held on July 31, 2008 the following business was transacted : 1) The Board decided to convene the Annual General Meeting on September 27, 2008. 2) The Register of Members and Share Transfer Books of the Company will remain closed from September 25, 2008 to September 27, 2008 (both days inclusive). 3) Resignation tendered by Shri A N Sinha, Non Executive Director on the Board was accepted.

    • 31 Jul · Results

      Standalone Results for the quarter ended on 30-JUN-2008 as follows: Net Sales of Rs. 895047 lacs for quarter ending on 30-JUN-2008 against Rs. 19133 lacs for the quarter ending on 30-JUN-2007. Net Profit / (Loss) of Rs. 2993 lacs for the quarter ending on 30-JUN-2008 against Rs. (567) lacs for the quarter ending on 30-JUN-2007.

    • 23 Jul · Board meeting

      Meeting on 31 Jul 2008: “Unaudited Financial Results for the Qtr ended June 30, 2008”

    • 22 Jul · Issue and allotment of shares

      Approval granted by the shareholders at an Extraordinary General Meeting held on December 18, 2007 for issue of US $2000,000,000 (United States Dollars Two thousand million only) Global Depository Shares (GDSs) to Promoters on preferential issue basis. The Company has now informed the Exchange that on July 22, 2008, the company issued and allotted second tranche of 27,771,948 equity shares of Rs. 10/- each (face value) fully paid up at a price of Rs. 200.00 per share in favour of the overseas Depository, The Bank of New York, which are represented by 181,516 GDSs aggregating to US $129.418 million. The GDSs have been subscribed by Promoter Company, Essar Energy Holdings Limited for part financing the expansion of refining capacity and for other general corporate purposes. This allotment is pursuant to letters from Stock Exchanges dated December 28, 2007 and January 02, 2008 respectively granting in-principle approval for issue and allotment of equity shares to be allotted towards the issue of GDSs aggregating to US $2000 million.

  8. Jun 2008

    • 27 Jun · Results

      Standalone Results for the year ended on 31-MAR-2008 as follows: Net Sales of Rs. 56229 lacs for year ending on 31-MAR-2008 against Rs. 47398 lacs for the year ending on 31-MAR-2007. Net Profit / (Loss) of Rs. (4118) lacs for the year ending on 31-MAR-2008 against Rs. (6751) lacs for the year ending on 31-MAR-2007.

    • 19 Jun · Board meeting

      Inter-alia, to consider among other business the Audited Accounts of the Company for the financial year ended March 31, 2008.

  9. May 2008

    • 30 May · Updates

      All the units of the 10.5 MMTPA Refinery at Vadinar, District Jamnagar have been operating satisfactorily and the Company has declared commencement of commercial production with effect from May 01, 2008. Further, the Company has submitted to the Exchange a copy of a presentation, being made to analysts on May 30, 2008. A copy of the presentation 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. Apr 2008

    • 26 Apr · Results

      Standalone Results for the year ended on 31-MAR-2008 as follows: Net Sales of Rs. 56242 lacs for year ending on 31-MAR-2008. Net Profit / (Loss) of Rs. (4165) lacs for the year ending on 31-MAR-2008.

    • 26 Apr · Results

      Standalone Results for the quarter ended on 31-MAR-2008 as follows: Net Sales of Rs. 4746 lacs for quarter ending on 31-MAR-2008 against Rs. 26527 lacs for the quarter ending on 31-MAR-2007. Net Profit / (Loss) of Rs. (848) lacs for the quarter ending on 31-MAR-2008 against Rs. 99 lacs for the quarter ending on 31-MAR-2007.

    • 25 Apr · Updates

      Vide its letter dated April 24, 2008 that: "The Company has received today, a judgment passed by a Division Bench of the Hon'ble High Court of Gujarat at Ahmedabad, restoring eligibility of the Company to avail Sales Tax/ Value Added Tax deferment benefits to the extent of 125% of eligible capital investment in the Company's Refinery Project at Vadinar, District Jamnagar, under the New Capital Incentive Policy- Capital Investment Incentive to Premier/ Prestigious Unit, Scheme 1995-2000. The High Court has directed the Government of Gujarat to grant the above benefits and issue final Eligibility Certificate within one month subject to certain concessions from the Company."

    • 21 Apr · Board meeting

      Inter-alia, to take on record the Unaudited Financial Results of the Company for the quarter / year ended March 31, 2008.

    • 1 Apr · Issue and allotment of shares

      Essar Oil Limited had informed the Exchange regarding the approval granted by the shareholders at an Extraordinary General Meeting held on December 18, 2007 for issue of US$ 2000,000,000 (United States Dollars Two thousand million only) Global Depository Shares (GDSs) to Promoters on preferential issue basis. The Company has now informed the Exchange that on March 31, 2008,the company has issued and allotted first tranche of 34,227,018 equity shares of Rs.10/- each (face value) fully paid up at a price of Rs.200.00 per share in favour of the overseas Depository, The Bank of New York, which are represented by 223,706 GDSs aggregating to US$ 170.787 million. The GDSs have been subscribed by Promoter Company, Essar Energy Holdings Limited for part financing the expansion of refining capacity and for other general corporate purposes. This allotment is pursuant to letters from Stock Exchanges dated December 28, 2007 and January 02, 2008 granting in-principle approval for issue and allotment of equity shares to be allotted towards the issue of GDSs aggregating to US$ 2000 million".

  11. Mar 2008

    • 13 Mar · Meeting

      Proceedings of the Extra Ordinary General Meeting of the Company held on February 28, 2008. 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.

    • 4 Mar · Business

      Press release, dated March 04, 2008, titled "Essar bags an E&P block in Vietnam; To invest USD 60 million". The copy of the press release 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. Feb 2008

    • 28 Feb · Meeting

      The shareholders of the company approved the following at the Extraordinary General Meeting held today, 28th February,2008: 1) Issue of US $2,000,000,000 (United States Dollars Two thousand million only) by issue of equity shares and/or convertible debentures and/or GDSs/ ADRs/ FCCBs by way of public and / or private offering in domestic/ international market(s) and / or qualified institutions placement; 2) Enhancing the borrowing powers of the company from Rs.25,000 crore to Rs. 30,000 crore over and above the paid up capital of the company and its free reserves; and 3) Enhanced the power to create security on the assets of the company for securing borrowing from Rs.25,000 crore to RS. 30,000 Crore

    • 27 Feb · Updates

      They are uploading a copy of a "Company Update Presentation" on the Company's website 'www.essar.com'. A copy of the presentation 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.

    • 2 Feb · Meeting

      Notice of the Extraordinary General Meeting of the members of the Company scheduled to be held on February 28, 2008. 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.

  13. Jan 2008

    • 29 Jan · Board meeting

      At a meeting of the Board of Directors of the Company held on January 29, 2008, the following business was transacted: 1) Consolidation / Reorganisation of Upstream Exploration & Production business; 2) Raising of further capital. The Company has submitted to the Exchange a copy of the press release in this regard, dated January 29, 2008 a copy of which shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). Further the company has informed the Exchange that the Board has decided to convene an Extraordinary General meeting on February 28, 2008. For more details click here.

    • 29 Jan · Results

      Standalone Results for the quarter ended on 31-DEC-2007 as follows: Net Sales of Rs. 14703 lacs for quarter ending on 31-DEC-2007 against Rs. 13721 lacs for the quarter ending on 31-DEC-2006. Net Profit / (Loss) of Rs. (1340) lacs for the quarter ending on 31-DEC-2007 against Rs. 12 lacs for the quarter ending on 31-DEC-2006.

    • 21 Jan · Board meeting

      Meeting on 29 Jan 2008: “Unaudited Financial Results for the qtr ended Dec 31, 2007”

    • 15 Jan · Business

      "Essar Energy Overseas Ltd a subsidiary of Essar Oil Limited has entered into an agreement to acquire 50% stake in Kenya Petroleum Refineries Ltd. ("KPRL"), a 4 million metric tonnes per annum (MMTPA) refinery in Mombasa, Kenya. The Government of Kenya holds the remaining 50% of KPRL. Essar will acquire the stake from the existing shareholders - Shell, Chevron and BP. Subject to certain conditions, the acquisition is expected to complete in early 2008. The Mombasa refinery is the only refinery in Eastern Africa. It currently produces LPG, gasoline, diesel, kerosene and fuel oil. The refinery is planned to be upgraded by adding secondary units at a project cost of USD 400-450 million. KPRL's products are sold into the Kenyan market and exported to neighbouring countries including Tanzania, Uganda, Burundi and Rwanda. Demand for petroleum products in these markets is estimated at 5 million tonnes per annum. In this regard the Company has submitted a copy of the press release dated January 15, 2008, titled "Essar acquires 50% stake in Kenyan Refinery". A copy of the press release 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 Jan · Meeting

      Copy of the proceedings of the Extraordinary General Meeting of the Company held on December 18, 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.

  14. Dec 2007

    • 18 Dec · Meeting

      Vide its letter dated December 18, 2007 that : "The Shareholders of the Company approved the following at the EGM held today: 1. Appointment of Shri. Naresh Kumar Nayyar as the Managing Director of the Company. 2. Issue of US$ 2,000,000,000/- (United States Dollars Two thousand million only) Global Depository Shares (GDSs) to Promoters on preferential issue basis".

  15. Nov 2007

    • 23 Nov · Meeting

      Notice of the Extra-Ordinary General Meeting of the Members of the Company to be held on December 18, 2007. 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.

    • 16 Nov · Board meeting

      At a meeting of the Board of Directors of the Company held on November 16, 2007 the following business was transacted. (1) Expansion of the refinery capacity from 10.5 MMTPA to 34 MMTPA. (2) Raising of US$ 2.00 billion by issue of GDSs to Promoters/ Promoter Group on a Preferential offer basis. (3) Calling an Extraordinary General Meeting on December 18, 2007. In this regard Company has submitted a copy of press release dated November 16, 2007, titled "Essar Oil to expand refinery capacity to 34 million tonnes per annum at a cost of approx. US$ 6 billion". The details of business transacted at the Board Meeting and copy of the press release 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.

    • 14 Nov · Board meeting

      Inter alia, to consider further issue of securities including issue of securities and warrants on a preferential offer basis to the Promoters/ Promoter group.

  16. Oct 2007

    • 31 Oct · Management

      At a meeting of the Board of Directors of the Company held today, October 31, 2007, the following business was transacted : 1) Appointment of Shri Naresh Nayyar as Managing Director. Shri Naresh Nayyar has been appointed as Managing Director of the Company for a period of 5 years with effect from October 15, 2007.

    • 31 Oct · Results

      Standalone Results for the half year ended on 30-SEP-2007 as follows: Net Sales of Rs. 36793 lacs for half year ending on 30-SEP-2007 against Rs. 6769 lacs for the half year ending on 30-SEP-2006. Net Profit / (Loss) of Rs. (1977) lacs for the half year ending on 30-SEP-2007 against Rs. (5669) lacs for the half year ending on 30-SEP-2006.

    • 23 Oct · Board meeting

      Meeting on 31 Oct 2007: “Unaudited Financial Results for the Qtr ended Sept 30, 2007”

    • 9 Oct · Meeting

      Proceedings of the Annual General Meeting of the Company held on September 29, 2007 and a text copy of Chairman's Speech delivered at a Annual General Meeting. 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 Oct · Management

      The Shri Hari L Mundra retired by rotation at last Annual General Meeting and did not offer himself for re-appointment. Accordingly, he ceased to be Dy. Managing Director & Director (Finance) of the Company with effect from 29th September, 2007

    • 1 Oct · Meeting

      Outcome of Annual General Meeting of the Company held on September 29, 2007. The members have inter-alia among other business, approved the following: (1) Re-appointment of Shri Ravikant N Ruia and Shri Awadhesh N Sinha as directors; (2) Appointment of M/s Deloitte Haskins & Sells as Auditors, and (3) Enabling resolution for issue/allotment of FCCBs/GDRs/ADRs/any other financial instruments, convertible into equity shares, in the International market, to the promoters on Preferential Issue basis for an amount not exceeding US $750 million.

  17. Sep 2007

    • 13 Sep · Limited Review Report

      Auditor's have conducted the limited review of the unaudited financial results for the quarter ended June 30, 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.

    • 12 Sep · Meeting

      Annual General Meeting of the Company will be held on September 29, 2007.