KLG Systel (Delisted) share news and announcements

BSE: 531269

Last traded ₹3.87 on 27 Dec 2013

Delisted on 1 Dec 2017.

Last results date

The last board meeting held for results; the company has not yet given notice of the next.KLG Systel quarterly results

Jul23Tue

The board met on 23 Jul 2013 to consider results

Notice filed 4 Jul 2013

Board and Audit Committee meetings for approval of yearly results for the financial year 2012-13 was going to be held on July 23, 2013.

KLG Systel annual reports, presentations and earnings calls

The company's own documents, latest first.KLG Systel financials, year by year

Annual reports13

Annual report, year to Mar 2011 (opens in a new tab)Filing day not known
Annual report, year to Mar 2010 (opens in a new tab)Filing day not known
Annual report, year to Mar 2009 (opens in a new tab)Filing day not known
Annual report, year to Mar 2008 (opens in a new tab)Filing day not known
Annual report, year to Mar 2007 (opens in a new tab)Filing day not known

8 earlier reports

Annual report, year to Mar 2006 (opens in a new tab)Filing day not known
Annual report, year to Mar 2005 (opens in a new tab)Filing day not known
Annual report, year to Mar 2004 (opens in a new tab)Filing day not known
Annual report, year to Mar 2003 (opens in a new tab)Filing day not known
Annual report, year to Mar 2002 (opens in a new tab)Filing day not known
Annual report, year to Mar 2000 (opens in a new tab)Filing day not known
Annual report, year to Mar 1999 (opens in a new tab)Filing day not known
Annual report, year to Mar 1998 (opens in a new tab)Filing day not known

KLG Systel share news and announcements

230 announcements, routine notices left out, newest first. Page 1 of 5.

Apr 2018
- 13 Apr · Delisting
  Members of the Exchange are hereby notified that in terms of Regulation 22(6) of the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009, Section 21A of the Securities Contract (Regulations) Act, 1956, Rule 21(2) b of Securities Contract (Regulations) Rules, 1957 , it has been decided to delist (withdraw the admission to dealings in) equity shares of the KLG Systel Limited w.e.f. April 24, 2018 as per Chapter V of SEBI (Delisting of Equity Shares) Regulations, 2009. (opens in a new tab)
Feb 2018
- 2 Feb · Public Notice - Compulsory Delisting
  Members of the Exchange are hereby informed that the Exchange on February 02, 2018 has issued public notice in the newspaper for proposed compulsory delisting of equity shares of the company, in term of Regulation 22 (3) of SEBI (Delisting of Equity shares) Regulation, 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/CorporateAnnouncements). (opens in a new tab)
Jun 2014
- 26 Jun · Updates on Share Transfer Agent
  Letter received from the office of the Official Liquidator Attached to Punjab & Haryana High Court, Chandigarh (copy attached). In view of this .... (opens in a new tab)
Mar 2014
- 7 Mar · Updates on Order of Winding-up passed by Hon'ble High Court of Punjab and Haryana
  With reference to earlier announcement dated February 03, 2014 regarding Order of Winding-up passed by Hon'ble High Court of Punjab and Haryana, KLG Systel Ltd has now submitted to BSE .... (opens in a new tab)
Feb 2014
- 3 Feb · Updates
  Order of Winding-up passed by Hon'ble High Court of Punjab and Haryana. (opens in a new tab)
- 3 Feb · Updates on Order of Winding-up passed by Hon'ble High Court of Punjab and Haryana
  Hon'ble High court of Punjab and Haryana has passed winding up order against the Company at the hearing held on January 20, 2014 in the Company ....
Dec 2013
- 2 Dec · Suspension of Trading
  Members of the Exchange are hereby informed that trading in the equity shares of KLG Systel Limited will be suspended w.e.f. December 10, 2013 (i.e. closing hours of trading on December 09, 2013) as the company has failed to respond satisfactorily to the notice of the Exchange for non-compliance with the provisions of listing agreement.
Oct 2013
- 29 Oct · Updates
  The Bankers of the Company have stopped all the operation from December 31, 2012 and subsequently the company operations have stopped from March 31, 2013 (opens in a new tab)
- 24 Oct · Results
  The Bankers of the Company have stopped all the operation from December 31, 2012 and subsequently the company operations have stopped from ....
- 24 Oct · Management
  Mr. Kumud Goel has resigned from the post of Managing Director w.e.f. October 18, 2013 and now he will only serve as a "Director" of the Company.
- 24 Oct · Management
  Mr. Kumud Goel has resigned from the post of Managing Director w.e.f. October 18, 2013 and now he will only serve as a "Director" of the Company.
Aug 2013
- 20 Aug · Results
  Standalone and Consolidated Financial Results for the period ended March 31,2013. (opens in a new tab)
- 19 Aug · Results
  Financial Results for the period ended March 31, 2013. (opens in a new tab)
- 5 Aug · Board meeting
  Company had informed the Exchange that the Board of Directors of the Company, after discussing the financial statements for the year ended/ as at March 31, 2013, were of the view that certain important issues had to be resolved before the financial statements could be finalized such that the financial statements provide true and fair view of the financial position of the Company.Accordingly, the meeting of the Board of Directors of the Company was adjourned to August 03, 2013, by which time the important issues are expected to be resolved. The Company has now informed the Exchange that "The meeting of the Board of Directors held on August 03, 2013 was adjourned to August 19, 2013, because the Audit is delayed due to lack of accounting staff in the Company as all the employees of the company have been terminated w.e.f. March 31, 2013. As per our Auditors the Audited Results will be finalized by August 19, 2013 for approval by Board. Hence next board meeting is going to be held on August 19, 2013." Further, the Company has informed the Exchange that "The company had received letter from Mr. Vijoy Kumar intimating his resignation from office of Director of the Company from July 22, 2013 and the said resignation has been accepted by the Managing Director on July 23, 2013. As a result of resignation of Mr. Vijoy Kumar the total strength of the Board of Directors of the Company has reduced to one, which is less than the minimum number of directors statutorily required for a public limited company. The Company is making efforts to appoint new persons as directors of the Company, which act is likely to take time as persons are unwilling to be appointed as director of the Company due to reasons cited in our earlier letter dated May 20, 2013."
- 5 Aug · Adjournment of Board Meeting held scheduled on August 03, 2013
  The meeting of the Board of Directors held on August 03, 2013 was adjourned to August 19, 2013, because the Audit is delayed due to lack of accounting ....
Jul 2013
- 29 Jul · Board meeting
  Company had informed the Exchange that the Board of Director of the Company after discussing the various issues in the financial statement for the year ended March 31, 2013, come across the conclusion that the issues need to be resolved further to provide true and fair view of the financial position of the Company. Therefore it is requested by the Board of the Director of the Company to adjourn the board meeting to July 26, 2013. The company has now informed that the Board of Directors of the Company, after discussing the financial statements for the year ended/ as at March 31, 2013, were of the view that certain important issues had to be resolved before the financial statements could be finalized such that the financial statements provide true and fair view of the financial position of the Company.Accordingly, the meeting of the Board of Directors of the Company was adjourned to August 03, 2013, by which time the important issues are expected to be resolved.
- 26 Jul · Adjournment of Board Meeting held scheduled on July 26, 2013
  Board of Directors of the Company, after discussing the financial statements for the year ended/ as at March 31, 2013, were of the view that certain ....
- 26 Jul · Board meeting
  Company had informed the Exchange that the Board and Audit Committee meetings for approval of yearly results for the financial year 2012-13 was going to be held on July 23, 2013. The Company has now informed the Exchange that the Board of Director of the Company after discussing the various issues in the financial statement for the year ended March 31, 2013, come across the conclusion that the issues need to be resolved further to provide true and fair view of the financial position of the Company. Therefore it is requested by the Board of the Director of the Company to adjourn the board meeting to July 26, 2013.
- 4 Jul · Board meeting
  Board and Audit Committee meetings for approval of yearly results for the financial year 2012-13 was going to be held on July 23, 2013.
May 2013
- 29 May · Board Meeting Adjourned
  Pursuant to receipt of intimation from our counsel Mr. Arun Nehra, dated May 24, 2013, we understand that the Hon'ble High Court of Punjab and Haryana has, in Company Petition No. 143 of 2012, in the matter of "The Bank of New York Melon Vs. M/s. KLG Systel India Ltd." admitted the petition for winding up of the Company and has ordered for its advertisement. We further understand that the said Hon'ble High Court has appointed an Official Liquidator as the provisional liquidator and directed him to take over the assets of the Company. However, certified copy of the aforesaid order of the Hon'ble High Court of Punjab & Haryana has not been issued as yet.In opinion of the auditors of the Company the aforesaid Order of the said Hon'ble High Court is a development which materially affects the process of finalization of accounts of the Company for the year ended March 31, 2013, and the auditors have sought information from the management of the Company as to how the Company intends to proceed in the matter.The Board of Directors of the Company awaits certified copy of the Order of the Hon'ble High Court of Punjab & Haryana to deliberate the same with its legal advisors and decide on the future course of action in the said matter. The banks of the company have also called for a joint lender meet on May 30, 2013 to decide course of action.In the above circumstances, the meeting of the Board of Directors of the Company scheduled to be held on May 29, 2013, for the purposes of, amongst others, finalise the annual accounts of the Company as at/ for the year ended March 31, 2013, has been decided to be adjourned to a later date, subsequent to the Board of Directors deciding the course of action in the aforesaid matter.The Company has also accepted the resignation of Mr. R. P. Singh from the Directorship.
- 29 May · Adjournment of Board Meeting scheduled on May 29, 2013
  "Pursuant to receipt of intimation from our counsel Mr. Arun Nehra, dated May 24, 2013, we understand that the Hon'ble High Court of Punjab ....
- 27 May · Order of Winding-up passed by Hon'ble High Court of Punjab and Haryana
  Hon'ble High court of Punjab and Haryana has passed winding up order against the Company at the hearing held on May 23, 2013 in the Company Petition .... (opens in a new tab)
- 27 May · Updates
  Vide letter dated May 27, 2013 regarding Order of winding-Up passed by Hon'ble High Court of Punjab and Haryana. (opens in a new tab)
- 23 May · Updates
  (1) Sh. R. P. Singh, Independent Director nominee of State Bank of India has resigned from the said Company (w.e.f. May 15, 2013).(2) Company has closed all the operations for the time being due to failure of CDR Scheme and NPA status. The management of the Company is in the process of planning a revival plan.(3) State Bank of India has informed to the said Company that they shall proceed with sale of promoter shares if dues are not paid by May 15, 2013. Company is in talk with SBI to explore revival of the Company.
- 21 May · Information regarding current status of the Company
  1. Sh. R. P. Singh, Independent Director nominee of State Bank of India has resigned from the said Company (w.e.f. May 15, 2013). 2. ....
- 15 May · Board meeting
  Meetings of Audit Committee and Board of Directors of the Company is scheduled to be held on May 29, 2013 for approval of yearly results for the financial year 2012-13.
Apr 2013
- 1 Apr · Management
  Ms. Pooja Sharma has resigned from the Company Secretary ship of the Company w.e.f. March 29, 2013.
Mar 2013
- 14 Mar · Management
  Vide letter dated March 12, 2013 that Mr. Surendra Prasad Bhatt has resigned from the directorship (Nominee Director) of the Company w.e.f. February 19, 2013.
- 14 Mar · Management
  Mr. Surendra Prasad Bhatt has resigned from the directorship (Nominee Director) of the Company w.e.f. February 19, 2013.
Feb 2013
- 13 Feb · Results
  Standalone Financial Results along with the Limited Review Report for the period ended December 31,2012. (opens in a new tab)
- 13 Feb · Results
  Financial Results & a copy of the Limited Review Report for the period ended December 31, 2012. (opens in a new tab)
Jan 2013
- 30 Jan · Board meeting
  Inter-alia to consider and approve the Unaudited Quarterly Financial Results for the quarter ended December 31, 2012.
- 9 Jan · Change in Registered Office
  Company has changed its Registered Office from Plot No. 70A, Sector-34, EHTP, NH-8, Gurgaon - 122004, Haryana to Plot No. 24, Sector-18, Electronic ....
- 9 Jan · Address Change
  Vide letter dated January 06, 2013 that the Company has changed its Registered Office from Plot No. 70A, Sector-34, EHTP, NH-8, Gurgaon-122 004, Haryana to Plot No. 24, Sector-18, Electronic City, Gurgaon-122 015, Haryana with effect from January 01, 2013.
Dec 2012
- 21 Dec · Management
  Mr. Prabir has resigned from the directorship of the Company w.e.f. November 14, 2012.
- 21 Dec · Management
  Mr. Prabir Purkayastha has resigned from the directorship of the Company w.e.f. November 14, 2012.
Nov 2012
- 10 Nov · Results
  Standalone Financial Results along with the Limited Review Report for the period ended September 30,2012. (opens in a new tab)
- 10 Nov · Results
  Financial Results & a copy of the Limited Review Report for the period ended September 30, 2012. (opens in a new tab)
- 7 Nov · Meeting
  Minutes of the Annual General Meeting of the Company held on September 29, 2012. (opens in a new tab)
- 7 Nov · Meeting
  Minutes of the 27th Annual General Meeting (AGM) of the Company was held on September 29, 2012. (For more details kindly refer Corporate Announcements .... (opens in a new tab)
- 1 Nov · Board meeting
  Meeting of Audit Committee and Board of Directors of the Company are scheduled to be held on November 10, 2012 inter-alia to consider and approve the Unaudited Quarterly Financial Results for the quarter ended September 30, 2012.
Oct 2012
- 3 Oct · Disclosure of Voting Pattern - Clause 35A
  Details of the Voting Results of the Annual General Meeting of the Company held on September 29, 2012 as per Clause 35A of the listing Agreement. (opens in a new tab)
- 1 Oct · Results
  Details of Voting results at the 27th Annual General Meeting of the Company held on September 29, 2012, under Clause 35A. (For more details .... (opens in a new tab)
Sep 2012
- 11 Sep · Meeting
  Register of Members & Share Transfer Books of the Company will remain closed from September 22, 2012 to September 29, 2012 (both days inclusive) ....
- 11 Sep · Meeting
  Register of Members and Share Transfer Register of the Company shall remain closed from September 22, 2012 to September 29, 2012 (both days inclusive) for the purpose of the Annual General Meeting of the Company scheduled to be held on September 29, 2012.
Aug 2012
- 13 Aug · Results
  Standalone Financial Results for the period ended June 30,2012. (opens in a new tab)
- 13 Aug · Limited Review for June 30, 2012
  Limited Review Report for the period ended June 30, 2012. (opens in a new tab)
- 13 Aug · Results
  Financial Results for the period ended June 30, 2012. (opens in a new tab)
May 2012
- 30 May · Results
  Standalone and Consolidated Financial Results for the period ended March 31,2012. (opens in a new tab)
- 30 May · Management
  Auditors Report for the period ended March 31, 2012. (opens in a new tab)

How the price met the news

The first session after each announcement, beside the market. Moves to 31 May 2010 are on BSE closes, before the company traded on NSE.

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

24 Oct 2013Board or managers changedup 4.35%+4.6 pts vs Nifty 500market median 0.0% · five sessions +4.3% (+3.5 pts vs Nifty 500) · volume 1.6× usual
2 Apr 2013Board or managers changedup 4.89%+3.9 pts vs Nifty 500market median 0.0% · five sessions +1.3% (+3.6 pts vs Nifty 500) · volume 0.4× usual
14 Mar 2013Board or managers changedup 2.01%+1.1 pts vs Nifty 500market median 0.0% · five sessions −9.7% (−6.7 pts vs Nifty 500) · volume 3.4× usual
24 Dec 2012Board or managers changeddown 0.26%−0.4 pts vs Nifty 500market median 0.0% · five sessions −4.9% (−6.2 pts vs Nifty 500) · volume 0.7× usual
18 Jan 2011Board or managers changedup 1.36%+0.4 pts vs Nifty 500market median 0.0% · five sessions +1.8% (+0.2 pts vs Nifty 500) · volume 0.2× usual
17 Jan 2011Board or managers changeddown 5.39%−5.1 pts vs Nifty 500market median 0.0% · five sessions −2.7% (−3.3 pts vs Nifty 500) · volume 0.1× usual
29 Nov 2010Board or managers changedup 0.89%−0.4 pts vs Nifty 500market median 0.0% · five sessions +6.3% (+2.1 pts vs Nifty 500) · volume 0.7× usual
24 Nov 2010Board or managers changeddown 0.57%+0.6 pts vs Nifty 500market median 0.0% · five sessions −12.8% (−10.8 pts vs Nifty 500) · volume 0.4× usual
23 Nov 2010Board or managers changeddown 0.19%+1.0 pts vs Nifty 500market median 0.0% · five sessions −14.1% (−10.1 pts vs Nifty 500) · volume 0.7× usual
20 Aug 2010Dividenddown 3.14%−3.1 pts vs Nifty 500market median 0.0% · five sessions −1.9% (−1.1 pts vs Nifty 500)

10 earlier announcements

31 May 2010Dividenddown 2.61%−3.6 pts vs Nifty 500market median 0.0% · five sessions −2.2% (−4.0 pts vs Nifty 500) · volume 0.8× usual
26 May 2010Board or managers changedup 2.07%+0.4 pts vs Nifty 500market median 0.0% · five sessions +5.1% (+1.5 pts vs Nifty 500) · volume 0.5× usual
21 May 2010Dividenddown 1.36%−0.6 pts vs Nifty 500market median 0.0% · five sessions −4.2% (−4.0 pts vs Nifty 500) · volume 1.1× usual
3 Feb 2010Board or managers changedup 1.46%−0.3 pts vs Nifty 500market median 0.0% · five sessions −4.5% (−2.8 pts vs Nifty 500) · volume 0.4× usual
19 May 2009Dividendup 16.76%−2.0 pts vs Nifty 500market median 0.0% · five sessions +53.5% (+31.4 pts vs Nifty 500) · volume 2.8× usual
12 Jun 2008Dividendup 0.76%+0.4 pts vs Nifty 500market median 0.0% · five sessions +3.1% (+1.2 pts vs Nifty 500) · volume 3.2× usual
21 May 2008Board or managers changedup 0.10%−0.3 pts vs Nifty 500market median 0.0% · five sessions −4.7% (+0.5 pts vs Nifty 500) · volume 1.0× usual
24 Mar 2008Board or managers changeddown 10.20%−10.2 pts vs Nifty 500market median 0.0% · five sessions +24.2% (+15.6 pts vs Nifty 500) · volume 1.2× usual
8 Jan 2008Board or managers changeddown 4.52%−3.8 pts vs Nifty 500market median 0.0% · five sessions −6.1% (−4.0 pts vs Nifty 500) · volume 0.6× usual
13 Mar 2007Dividendup 5.00%+3.8 pts vs Nifty 500market median 0.0% · five sessions +3.9% (+4.7 pts vs Nifty 500) · volume 1.4× usual

Sharp moves

The latest 30. 25 of the 30 shown had no filing that day or the next. Moves to 14 Jun 2010 are on BSE closes, before the company traded on NSE.

MoveAgainst the Nifty 500Times its usual moveVolume, times usualFilings

22 Mar 2013No filing that day or the nextdown 9.96%−9.8 pts vs Nifty 5004.4× its usual move · volume 3.0× usual
21 Mar 2013No filing that day or the nextdown 6.69%−6.0 pts vs Nifty 5003.1× its usual move · volume 0.8× usual
3 Nov 2011No filing that day or the nextup 12.50%+12.3 pts vs Nifty 5003.6× its usual move · volume 23.4× usual
19 Aug 2011No filing that day or the nextdown 12.64%−10.9 pts vs Nifty 5004.7× its usual move · volume 2.4× usual
5 Aug 20112 filingsdown 7.30%−5.2 pts vs Nifty 5003.2× its usual move · volume 2.3× usual
8 Jun 2011No filing that day or the nextup 8.05%+8.4 pts vs Nifty 5003.7× its usual move · volume 11.8× usual
4 Jan 2011No filing that day or the nextup 16.25%+16.5 pts vs Nifty 5004.3× its usual move · volume 9.9× usual
23 Dec 2010No filing that day or the nextup 18.87%+19.0 pts vs Nifty 5006.3× its usual move · volume 27.9× usual
25 Nov 2010No filing that day or the nextdown 8.29%−6.7 pts vs Nifty 5003.6× its usual move · volume 1.0× usual
14 Jun 2010No filing that day or the nextup 10.00%+8.8 pts vs Nifty 5003.9× its usual move · volume 5.6× usual

20 earlier moves

27 Jan 2010No filing that day or the nextdown 7.92%−4.3 pts vs Nifty 5003.4× its usual move · volume 0.6× usual
29 Sep 2009No filing that day or the nextup 10.00%+9.2 pts vs Nifty 5002.5× its usual move · volume 0.3× usual
20 May 2009No filing that day or the nextup 18.77%+17.8 pts vs Nifty 5003.1× its usual move · volume 3.1× usual
19 May 20092 filingsup 16.76%−2.0 pts vs Nifty 5002.9× its usual move · volume 2.8× usual
9 Apr 20091 filingup 15.41%+15.1 pts vs Nifty 5002.7× its usual move · volume 2.5× usual
1 Apr 2009No filing that day or the nextup 10.27%+9.0 pts vs Nifty 5001.9× its usual move · volume 2.2× usual
16 Mar 2009No filing that day or the nextup 14.33%+11.9 pts vs Nifty 5002.4× its usual move · volume 2.0× usual
9 Mar 20091 filingup 19.92%+21.7 pts vs Nifty 5003.7× its usual move · volume 9.0× usual
7 Jan 2009No filing that day or the nextdown 14.40%−7.8 pts vs Nifty 5002.1× its usual move · volume 0.8× usual
1 Jan 2009No filing that day or the nextup 14.88%+12.0 pts vs Nifty 5002.2× its usual move · volume 2.2× usual
16 Dec 2008No filing that day or the nextup 16.36%+14.0 pts vs Nifty 5002.6× its usual move · volume 4.7× usual
15 Dec 2008No filing that day or the nextup 13.10%+10.8 pts vs Nifty 5002.2× its usual move · volume 2.4× usual
17 Nov 2008No filing that day or the nextdown 11.17%−8.4 pts vs Nifty 5002.0× its usual move · volume 0.4× usual
10 Nov 2008No filing that day or the nextup 12.11%+6.7 pts vs Nifty 5002.3× its usual move · volume 1.8× usual
24 Oct 2008No filing that day or the nextdown 15.36%−4.4 pts vs Nifty 5003.2× its usual move · volume 2.8× usual
17 Oct 20081 filingdown 14.98%−9.9 pts vs Nifty 5003.3× its usual move · volume 0.8× usual
10 Oct 2008No filing that day or the nextdown 16.19%−9.3 pts vs Nifty 5003.8× its usual move · volume 0.5× usual
6 Oct 2008No filing that day or the nextdown 10.39%−4.5 pts vs Nifty 5002.4× its usual move · volume 0.7× usual
29 Sep 2008No filing that day or the nextdown 10.75%−7.0 pts vs Nifty 5002.7× its usual move · volume 0.8× usual
25 Mar 2008No filing that day or the nextup 17.03%+10.9 pts vs Nifty 5003.2× its usual move · volume 2.3× usual

Last results date

KLG Systel annual reports, presentations and earnings calls

Annual reports13

KLG Systel share news and announcements

Apr 2018

Feb 2018

Jun 2014

Mar 2014

Feb 2014

Dec 2013

Oct 2013

Aug 2013

Jul 2013

May 2013

Apr 2013

Mar 2013

Feb 2013

Jan 2013

Dec 2012

Nov 2012

Oct 2012

Sep 2012

Aug 2012

May 2012

How the price met the news

Sharp moves