HSBC InvestDirect(India) (Delisted) share news and announcements

BSE: 532653

Last traded ₹394.00 on 7 Jul 2010

Delisted on 15 Jul 2010.

Last results date

The last board meeting held for results; the company has not yet given notice of the next.HSBC InvestDirect(India) quarterly results

May19Wed

The board met on 19 May 2010 to consider audited financial results

Notice filed 4 May 2010

Inter alia, to consider and approve the stand-alone and consolidated Audited Financial Results of the Company for the quarter and year ended March 31, 2010.

HSBC InvestDirect(India) annual reports, presentations and earnings calls

The company's own documents, latest first.HSBC InvestDirect(India) financials, year by year

Annual reports9

4 earlier reports

HSBC InvestDirect(India) share news and announcements

97 announcements, routine notices left out, newest first. Page 1 of 2.

  1. Jul 2010

    • 14 Jul · Management

      Board of Directors of the Company vide resolution passed on July 05, 2010, had approved the resignation of Mr. Tarun Kataria as a Director with effect from close of business hours on June 30, 2010. The Board further approved the appointment of Ms. Louisa Cheang as an Additional Director of the Company with effect from July 5, 2010.

    • 13 Jul · Management

      Ms. Louisa Cheang has been appointed as an Additional Director of the Company w.e.f. July 05, 2010.

  2. Jun 2010

  3. May 2010

  4. Apr 2010

    • 27 Apr · Updates On Delisting Offer

      SBI Capital Markets Ltd ("Manager to the Offer"), on behalf of HSBC Securities and Capital Markets (India) Pvt Ltd and HSBC Violet Investments (Mauritius) Ltd ("Acquirers") has issued this .... (opens in a new tab)

    • 27 Apr · Delisting Offer

      SBI Capital Markets Ltd ("Manager to the Offer"), on behalf of HSBC Securities and Capital Markets (India) Pvt Ltd and HSBC Violet Investments (Mauritius) Ltd ("Acquirers") has issued this .... (opens in a new tab)

    • 15 Apr · Results

      Company would publish and submit the audited financial results for the financial year ended March 31, 2010 within 60 days from the ....

    • 15 Apr · Results

      Company would publish and submit the audited financial results for the financial year ended March 31, 2010 within 60 days from the end of the financial year instead of publishing unaudited financial results for the fourth quarter ended March 31, 2010 within 45 days from the end of the quarter.

    • 13 Apr · Public Announcement - Delisting

      Public announcement ("PA") being issued by SBI Capital Markets Limited ("SBICAP" or Manger to the "Offer"), on behalf of HSBC Securities and Capital Markets (India) Private Limited ("HSCI") and HSBC Violet Investments (Mauritius) Limited ("Violet") (hereinafter collectively refered to as the "Acquirers" and individually as the "Acquirer") in respect of delisting of the fully paid up equity shares ("Shares") of HSBC InvestDirect (India) Limited ("HIDIL" or the "Company") (formerly known as IL&FS Investsmart Limited), a public limited company incorporated under the Companies Act, 1956 and having its registered office at Dhana Singh Processor Premises, J.B. Nagar Andheir-Kurla Road, Andheri (E), Mumbai-400059, India, pursuant to the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009 ("Delisting Regulations"). HSCI and Violet seek to acquire 50,18,330 shares representing 7.11% of the paid-up equity share capital ("Offer Shares") aggregating to Rs. 62,22,72,920 ("Offer Size") at the floor price of Rs.124 per share held by the Public Shareholders of the HIDIL (the "Public Shareholders"/ "Shareholders"), if and when offered by the Public Shareholders, pursuant to the delisting offer under the Delisting Regulation (the "Delisting Offer") and proposes to apply for delisting of the equity shares from the stock exchanges where the Shares of the Company are listed viz. the National Stock Exchange of India Limited ("NSE") and Bombay Stock Exchange Limited ("BSE"). The proposed timetable for the Delisting Offer is as follows: (1) Specified Date : April 10, 2010. (2) Bid Opening Date : April 28, 2010. (3) Bid closing Date : May 04, 2010. A copy of the public Announcement 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 Apr · Management

      Mr. Sachin Dua, Company Secretary had resigned from the Company with effect from close of business hours on March 31, 2010. The Board of Directors of the Company, vide resolution passed on March 31, 2010, had approved the appointment of Ms. Kashmira Mathew as Company Secretary and Compliance Officer of the Company with effect from April 01, 2010.

  5. Jan 2010

    • 28 Jan · Updates

      With a view to align the business with the long term strategy of HSBC InvestDirect, the Board of Directors of HSBC InvestDirect (India) Limited ("the Company"), vide resolution passed on January 28, 2010, approved discontinuation of the institutional equities broking business by HSBC InvestDirect Securities (India) Limited (HISL). HISL continues to be a trading member of the Bombay Stock Exchange Limited and National Stock Exchange of India Limited in the Cash and Futures & Options Segments and will focus its efforts on the retail and corporate segment. The Company owns 100% of the total paid up capital of HISL

    • 28 Jan · Results

      Financial results for the Quarter ended December 31, 2009. (opens in a new tab)

    • 28 Jan · HSBC InvestDirect - Updates

      With a view to align the business with the long term strategy of HSBC InvestDirect, the Board of Directors of the Company, vide resolution ....

    • 27 Jan · Change in Company Secretary/Compliance Officer

      Vide its letter dated January 21, 2010 that "Mr. Nishith Mehta, Company Secretary had resigned from the Company with effect from close of business hours on January 20, 2010. The Board of Directors of the Company, vide resolution passed on January 21, 2010, had approved the appointment of Mr. Sachin Dua as Company Secretary and Compliance Officer of the Company with immediate effect".

    • 21 Jan · HSBC InvestDirect - Allotment of Equity Shares

      Committee of Directors of the Company vide resolution passed on January 20, 2010 has allotted 168,500 Equity Shares of the face value ....

    • 20 Jan · Allotment of Equity Shares

      Committee of Directors of the Company vide resolution passed on January 20, 2010 has allotted 168,500 Equity Shares of the face value of Rs. 10/- each [total consideration Rs. 180/- per share, including premium of Rs. 170/- per share] upon exercise of option granted under the Employees Stock Option Scheme, 2006 (ESOP-2006).

    • 18 Jan · Board meeting

      Inter alia, to consider and approve the stand-alone and consolidated Unaudited Financial Results of the Company for the quarter ended December 31, 2009.

    • 6 Jan · Updates

      With a view to align the business with the long term strategy of HSBC InvestDirect, the Board of Directors, vide resolution passed on January 5, 2010, approved discontinuation of the insurance broking business by IL&FS Investsmart Insurance Brokers Limited (IIIBL) and surrender of its Insurance Broker Licence to Insurance Regulatory and Development Authority. The Company owns 45% of the total paid up capital of IIIBL

    • 6 Jan · HSBC InvestDirect - Updates

      With a view to align the business with the long term strategy of HSBC InvestDirect, the Board of Directors, vide resolution passed on ....

  6. Nov 2009

    • 4 Nov · Management

      Vide its letter dated October 30, 2009 that the Board of Directors of the Company, at its meeting held on October 29, 2009, has appointed Ms. Naina Lal Kidwai as an Additional Director of the Company with immediate effect.

  7. Oct 2009

    • 7 Oct · Board meeting

      Inter alia, to consider and approve the stand-alone and consolidated Financial Results of the Company for the quarter and half-year ended September 30, 2009.

    • 6 Oct · Allotment of Equity Shares

      Committee of Directors of the Company vide resolution passed on September 30, 2009 has allotted 562,000 Equity Shares of the face value of Rs.10/- each [total consideration Rs.180/- per share, including premium of Rs.170/- per share] upon exercise of option granted under the Employees Stock Option Scheme, 2006 (ESOP-2006).

  8. Sep 2009

    • 1 Sep · Name Change/Symbol Change

      Members of the Exchange are hereby informed that the name of IL&FS Investsmart Limited shall be changed to HSBC InvestDirect (India) Limited and the trading symbol of the Company be changed from INVSTSMART to HINVDIR w.e.f. September 07, 2009.

  9. Aug 2009

    • 14 Aug · Updates

      The Board of Directors, vide resolution passed on August 13, 2009, have approved surrender of the Capital Markets Services Licence granted by the Monetary Authority of Singapore for 'Dealing in Securities' to IL&FS Investsmart Asia Pacific Private Limited, Singapore, a wholly owned subsidiary of the Company

    • 13 Aug · Change of name of the Company

      Name of the Company has been changed from IL&FS Investsmart Limited to HSBC InvestDirect (India) Limited pursuant to the receipt of the fresh Certificate of Incorporation from Registrar of Companies, Maharashtra.

    • 10 Aug · Limited Review Report

      Auditors have conducted the limited review for the un-audited financial results for the quarter ended June 30,2009. 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.

  10. Jul 2009

    • 28 Jul · Results

      In respect of the Postal Ballot notice dated June 16, 2009, the members of the Company have approved the following proposals by passing the special resolutions with requisite majority: (1) Delisting of Equity Shares of the Company from Bombay Stock Exchange Limited and National Stock Exchange of India Limited. (2) Amendment to the Object Clause of the Memorandum of Association of the Company. The results of the postal ballot were declared today i.e. July 28, 2009.

    • 20 Jul · Board meeting

      Inter alia, to consider and approve the standalone and consolidated Financial Results of the Company for the first quarter ended June 30, 2009.

    • 18 Jul · Meeting

      Outcome of Annual General Meeting of the Company held on July 17, 2009. (1) Appointment of M/s. B S R and Company as Statutory Auditors of the Company in place of M/s. Deloitte Haskins & Sells for the financial year 2009-10. (2). Appointment of Mr. Hardeep Singh as a Director of the Company liable to retire by rotation. (3) Appointment of Dr. Ajay Dua as a Director of the Company liable to retire by rotation. (4) Appointment of Mr. Tarun Kataria as a Director of the Company liable to retire by rotation. (5) Appointment of Ms. Sonal Dave as a Director of the Company liable to retire by rotation. (6) Appointment of Mr. Manasije Mishra as Managing Director of the Company for a period of three years with effect from November 28, 2008. (7) Changing the name of the Company from "IL&FS Investsmart Limited" to 'HSBC InvestDirect(India) Limited'.

  11. Jun 2009

    • 26 Jun · Meeting

      Notice is hereby given pursuant to Section 192A(2) of the Companies Act 1956, read with the Companies (Passing of the Resolution by Postal Ballot) Rules, 2001, to consider and if thought fit, to pass the following Resolutions by way of Postal Ballot. 1. Delisting of Equity Shares from Bombay Stock Exchange Limited and National Stock Exchange of India Limited. 2. Amendment to the Main Object Clause and objects incidental or ancillary to the attainment of the Main Objects of the Memorandum of Association of the Company. A copy of Notice 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.

    • 23 Jun · Meeting

      Annual General Meeting of the Shareholders of the Company will be held on July 17, 2009. Further the Register of Members and the Share Transfer Books of the company will remain closed from July 10, 2009, to July 17, 2009(both days inclusive) for the purpose of Annual General Meeting.

    • 16 Jun · Delisting of shares

      " IL&FS Investsmart Limited ("Company") has received a proposal dated June 16, 2009 from HSBC Securities and Capital Markets (India) Private Limited ('HSCI') to voluntarily delist the equity shares of the Company presently traded on the Bombay Stock Exchange Limited ('BSE") and National Stock Exchange of India Limited ("NSE"), from the BSE and the NSE, in accordance with the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009 ("Regulations"), by purchasing the publicly held equity shares of the Company, amounting to 4,287,830 equity shares, representing 6.14% of the issued and paid up equity share capital of the Company ("Delisting Proposal"). HSCI and HSBC Violet Investment (Mauritius) Limited are the promoters of the Company and collectively hold 65,548,443 equity shares representing 93.86% of the issued and paid up equity share capital of the Company.. 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. May 2009

    • 26 May · Management

      Mr. Conrado Engel, Director of the Company had resigned from the Company with effect from close of the business hours on May 22, 2009. Further Ms. Kashmira Mathew, an alternate director to Mr. Engel has automatically ceased to be the director of the Company.

    • 5 May · Board meeting

      Board of Directors of the Company at its meeting held on April 29, 2009 have inter alia, taken the following decisions: (1) The Board approved the proposal to register the Company with Reserve Bank of India as Non deposit taking Non Banking Finance Company in terms of RBI circular No. DNBS (PD) C.C. No. 81/03.05.02/2006-07.(2) The Board approved to change the name of the Company from IL&FS Investsmart Limited to HSBC InvestDirect (India) Limited subject to the approval of the Shareholders of the Company.

  13. Apr 2009

    • 17 Apr · Board meeting

      Inter alia, to consider and approve the stand-alone and consolidated Financial Results of the Company for the year ended March 31, 2009.

    • 3 Apr · Change in Company Secretary

      Mr. Shekhar Deshpande, Company Secretary & Head - Legal had resigned from the Company with effect from March 31, 2009. The Board of Directors of the Company has approved the appointment of Mr. Nishith Mehta as Company Secretary and Compliance Officer vide resolution passed on March 31, 2009. The appointment of Mr. Mehta is effective from April 01, 2009.

  14. Mar 2009

    • 23 Mar · Change in registered office

      Board of Directors of the Company through Circular Resolution passed on March 18, 2009 approved the shifting of the Registered Office of the Company with effect from March 18,2009 From: The IL & FS Financial Centre, Plot C-22, G block, Bandra-Kurla Complex, Bandra(East), Mumbai-400051 To: Dhana Singh Processor Premises, J.B. Nagar, Andheri-Kurla Road, Andheri East, Mumbai-400059, Maharashtra, India. Tel No: 022-67897777, Fax No: 022-67897968.

  15. Feb 2009

    • 27 Feb · Limited Review Report

      Auditors have conducted the limited review for the un-audited financial results for the quarter ended December 31,2008.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.

  16. Jan 2009

    • 14 Jan · Board meeting

      Inter alia, to consider and approve the stand-alone and consolidated Financial Results of the Company for the third quarter ended December 31, 2008.

  17. Dec 2008

    • 24 Dec · Updates

      Abstract and Memorandum under Section 302 of the Companies Act, 1956 sent to the Shareholders for the appointment of Mr. Manasije Mishra as Managing Director & CEO of the Company on November 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.

  18. Nov 2008

    • 28 Nov · Management

      Mr. James Leslie Whiteford has tendered his resignation as Managing Director & CEO of the Company with effect from November 26, 2008. The resignation has been accepted by the Board of Directors on November 28, 2008. Further, it is proposed to appoint Mr. Manasije Mishra as Managing Director & CEO with effect from November 28, 2008.

    • 25 Nov · Results

      In respect of Postal ballot notice dated October 14, 2008, the members through postal ballot process have passed the special resolution with requisite majority for amendment to the Articles of Association of the Company. The said postal ballot results were declared by the Company in a meeting held on November 25, 2008.

  19. Oct 2008

    • 23 Oct · Meeting

      Pursuant to section 192A (2) of the Companies Act, 1956 read with the Companies (Passing of the Resolution by Postal Ballot) Rules, 2001 (Including any statutory modification or re-enactment thereof for the time being in force), that the resolution relating to the amendment to the Articles of Association of the Company is proposed to be passed by means of Postal Ballot. The Company has appointed Mr. Jayesh Bhagchandani, Practicing Chartered Accountant, as the Scrutinizer for conducting the Postal Ballot process in a fair and transparent manner. The duly completed postal ballot form should reach the Scrutinizer on or before the November 19, 2008. The Scrutinizer will submit his report to the Chairman after completion of the scrutiny of the Postal Ballot Forms and the results of the Postal Ballot will be announced on November 25, 2008. A copy of notice 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.

    • 14 Oct · Board meeting

      Inter alia, to consider and approve the stand-alone and consolidated Financial Results of the Company for the second quarter and half year ended September 30, 2008.

How the price met the news

The first session after each announcement, beside the market.

That dayAgainst the Nifty 500Market median on that newsFive sessionsFive sessions against the Nifty 500Volume, times usual

  • 5 Apr 2010Board or managers changeddown 0.04%−1.4 pts vs Nifty 500market median 0.0% · five sessions +18.4% (+16.9 pts vs Nifty 500) · volume 0.1× usual
  • 27 May 2009Board or managers changedup 0.87%−3.1 pts vs Nifty 500market median 0.0% · five sessions +0.7% (−9.3 pts vs Nifty 500) · volume 1.7× usual
  • 28 Nov 2008Board or managers changeddown 7.68%−7.8 pts vs Nifty 500market median 0.0% · five sessions −12.5% (−14.5 pts vs Nifty 500) · volume 0.7× usual
  • 29 Apr 2008Dividendup 1.41%−0.4 pts vs Nifty 500market median 0.0% · five sessions +0.7% (−0.8 pts vs Nifty 500) · volume 0.4× usual
  • 4 Mar 2008Board or managers changeddown 6.56%−4.3 pts vs Nifty 500market median 0.0% · five sessions −13.2% (−10.4 pts vs Nifty 500) · volume 0.9× usual
  • 26 Jul 2007Board or managers changedup 0.19%−0.3 pts vs Nifty 500market median 0.0% · five sessions −7.2% (−2.0 pts vs Nifty 500) · volume 0.3× usual
  • 25 Apr 2007Dividendup 2.60%+2.0 pts vs Nifty 500market median 0.0% · five sessions −0.4% (−1.4 pts vs Nifty 500) · volume 1.2× usual
  • 25 Apr 2007Board or managers changedup 2.60%+2.0 pts vs Nifty 500market median 0.0% · five sessions −0.4% (−1.4 pts vs Nifty 500) · volume 1.2× usual

Sharp moves

23 of the 29 shown had no filing that day or the next.

MoveAgainst the Nifty 500Times its usual moveVolume, times usualFilings

  • 3 May 2010No filing that day or the nextup 15.18%+15.8 pts vs Nifty 5006.4× its usual move · volume 20.2× usual
  • 29 Apr 2010No filing that day or the nextup 9.26%+8.7 pts vs Nifty 5004.3× its usual move · volume 8.9× usual
  • 7 Apr 2010No filing that day or the nextup 7.48%+7.2 pts vs Nifty 5004.2× its usual move · volume 7.5× usual
  • 6 Apr 2010No filing that day or the nextup 5.57%+5.4 pts vs Nifty 5003.5× its usual move · volume 1.7× usual
  • 19 Mar 2010No filing that day or the nextup 5.22%+4.8 pts vs Nifty 5003.8× its usual move · volume 7.6× usual
  • 5 Feb 2010No filing that day or the nextdown 5.26%−2.5 pts vs Nifty 5004.3× its usual move · volume 0.9× usual
  • 11 Dec 2009No filing that day or the nextdown 3.11%−2.7 pts vs Nifty 5003.1× its usual move · volume 0.3× usual
  • 19 May 2009No filing that day or the nextup 13.76%−5.0 pts vs Nifty 5003.0× its usual move · volume 2.3× usual
  • 18 Mar 2009No filing that day or the nextup 16.59%+15.6 pts vs Nifty 5004.6× its usual move · volume 8.9× usual
  • 2 Dec 2008No filing that day or the nextdown 11.64%−10.7 pts vs Nifty 5002.6× its usual move · volume 9.9× usual
19 earlier moves
  • 28 Oct 2008No filing that day or the nextup 11.16%+5.0 pts vs Nifty 5002.8× its usual move · volume 0.1× usual
  • 29 Sep 20081 filingdown 12.97%−9.3 pts vs Nifty 5005.5× its usual move · volume 2.6× usual
  • 11 Sep 2008No filing that day or the nextup 10.31%+12.4 pts vs Nifty 5006.8× its usual move · volume 19.8× usual
  • 21 Apr 20081 filingup 11.31%+9.5 pts vs Nifty 5001.7× its usual move · volume 2.3× usual
  • 15 Apr 20081 filingup 10.08%+8.1 pts vs Nifty 5001.6× its usual move · volume 1.6× usual
  • 9 Apr 20081 filingup 13.65%+12.7 pts vs Nifty 5002.3× its usual move · volume 3.7× usual
  • 8 Apr 2008No filing that day or the nextup 11.49%+12.1 pts vs Nifty 5002.0× its usual move · volume 5.8× usual
  • 18 Mar 2008No filing that day or the nextdown 11.10%−11.1 pts vs Nifty 5001.9× its usual move · volume 0.4× usual
  • 11 Feb 2008No filing that day or the nextdown 11.07%−5.8 pts vs Nifty 5001.7× its usual move · volume 0.3× usual
  • 6 Feb 2008No filing that day or the nextup 17.26%+19.7 pts vs Nifty 5002.9× its usual move · volume 6.2× usual
  • 22 Jan 20081 filingdown 18.14%−11.6 pts vs Nifty 5003.5× its usual move · volume 0.3× usual
  • 21 Jan 2008No filing that day or the nextdown 16.29%−6.1 pts vs Nifty 5003.5× its usual move · volume 0.6× usual
  • 29 Nov 2007No filing that day or the nextup 10.45%+10.7 pts vs Nifty 5002.9× its usual move · volume 5.5× usual
  • 28 Nov 2007No filing that day or the nextup 12.25%+13.3 pts vs Nifty 5003.7× its usual move · volume 11.1× usual
  • 20 Nov 20071 filingup 17.60%+19.6 pts vs Nifty 5008.6× its usual move · volume 9.3× usual
  • 1 Jun 2007No filing that day or the nextup 11.06%+10.7 pts vs Nifty 5002.8× its usual move · volume 1.3× usual
  • 16 May 2007No filing that day or the nextup 14.34%+13.0 pts vs Nifty 5004.2× its usual move · volume 306.0× usual
  • 17 Apr 2007No filing that day or the nextdown 9.33%−8.7 pts vs Nifty 5003.2× its usual move · volume 1.2× usual
  • 10 Apr 2007No filing that day or the nextup 9.25%+8.9 pts vs Nifty 5003.5× its usual move · volume 3.8× usual