Lotte India Corporation (Delisted) share news and announcements

BSE: 590004

Last traded ₹538.45 on 23 Jul 2009

Delisted on 12 Oct 2012.

Last results date

The last board meeting held for results; the company has not yet given notice of the next.Lotte India Corporation quarterly results

Jul30Thu

The board met on 30 Jul 2009 to consider “Unaudited Financial Results for the Qtr ended June 30, 2009”

Notice filed 14 Jul 2009

Lotte India Corporation annual reports, presentations and earnings calls

The company's own documents, latest first.Lotte India Corporation financials, year by year

Annual reports18

13 earlier reports

Lotte India Corporation share news and announcements

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

  1. Jul 2009

    • 30 Jul · Business

      Press release dated July 30, 2009 titled "Lotte India clocked top line growth of 7.9% in First Quarter 2009-10". 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.

    • 14 Jul · Board meeting

      Meeting on 30 Jul 2009: “Unaudited Financial Results for the Qtr ended June 30, 2009”

    • 10 Jul · Suspension and Delisting of trading in equity shares

      Members of the Exchange are hereby informed that the trading in the equity shares of Lotte India Corporation Limited shall be suspended w.e.f. July 24, 2009 (i.e. w.e.f. closing hours of trading on July 23, 2009) on account of voluntary delisting pursuant to the SEBI (Delisting of Securities) Guidelines, 2003. The admission to dealings in securities of the said company shall be withdrawn (delisted) w.e.f. July 31, 2009.

    • 10 Jul · Delisting of shares

      Lotte India Corporation Limited has, with reference to the Delisting of the equity shares of the Company from the Exchange, submitted to the Exchange the details of the name, address and contact numbers of the Contact Person at RTA and at the Company for solving Investor queries post Delisting. The details of the same are as follows: 1) Address Correspondence of Registrar with Name of the Contact Person: Mrs. K Sreepriya, Asst. Manager, Cameo Corporate Services Limited, 'Subramanian Building', No. 1, Club House Road, Chennai - 600022, Tel: 91-44-28460390 (5 lines); Fax: 91-44-28460129, Email: [email protected]. 2) Address Correspondence of Company with Name of the Contact Person: Mr. S Murali Krishna, Company Secretary, Lotte India Corporation Limited, Head Office: 84, Murugesan Complex, Southern Block, Second Floor, Greams Road, Chennai - 600006, Tel: 91-44-28298600; Fax: 91-44-28298700, Email: [email protected].

  2. Jun 2009

    • 15 Jun · Management

      Following Directors have resigned from the Board of the Company with effect from May 19, 2009 and the same was accepted at its Board Meeting held on May 19, 2009. 1) Mr. Dong Bin Shin 2) Mr. Sang Hoo Kim.

    • 1 Jun · Corporate action

      Board of Directors of the company at the Board meeting held on May 19, 2009 have decided to close the Register of Members and Share Transfer Books of the Company from September 17, 2009 to September 22, 2009 (both days inclusive) for the purpose of Annual General Meeting.

  3. May 2009

    • 21 May · Updates

      Salient features of the Approved Accounts for the year ended March 31, 2009 as per Clause 20 of the Listing Agreement. 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.

    • 19 May · Business

      Press release dated May 19, 2009, with respect to Audited financial Results for the year ended March 31, 2009. 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.

    • 12 May · Public Announcement - Delisting

      Public Announcement being issued by Lotte Confectionery Company Limited ("LCCL" or the "Acquirer"/ "Promoter"), pursuant to Clause 10 of the Securities & Exchange Board of India (Delisting of Securities) Guidelines, 2003 ("Delisting Guidelines") to the Public Shareholders of Lotte India Corporation Limited ("LICL" or the "Company") in respect of the proposed acquisition and delisting of the fully paid up equity shares of the Company ("Shares") under the Delisting Guidelines. ICICI Securities Limited is acting as the Manager to the offer. 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.

    • 11 May · Board meeting

      To consider amongst other things, the audited accounts for the year ended March 31, 2009.

    • 6 May · Corrigendum

      Corrigendum to the Public Announcement being published on May 07, 2009 for informing the modification/ changes made to the PA and the Bid Letter. 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. Apr 2009

    • 20 Apr · Corrigendum

      Corrigendum to the Public Announcement being issued on behalf of Lotte Confectionery Company Limited ("LCCL" or the "Acquirer"/"Promoter") to the Public Shareholders of Lotte India Corporation Limited ("LICL" or the "Company") in connection with the proposed acquisition and delisting of the fully paid up equity shares of the Company ("Shares") under the Delisting Guidelines. ICICI Securities Limited is acting as the Manager to the offer. The Corrigendum to PA for the abovementioned offer has been published in the newspapers on April 17, 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.

    • 13 Apr · Public Announcement - Delisting

      Public announcement ("PA") being issued by ICICI Securities Limited ("Manager to the Offer"), on behalf of Lotte Confectionery Company Limited ("LCCL" or the "Acquirer"/"Promoter"), pursuant to Clause 7 of the Securities & Exchange Board of India (Delisting of Securities) Guidelines, 2003 ("Delisting Guidelines") to the public shareholders ("Public Shareholders") of Lotte India Corporation Limited ("LICL" or the "Company") in respect of the proposed acquisition and delisting of the fully paid up equity shares of the Company ("Shares") under the Delisting Guidelines. The Promoter of the Company holds 30,31,647 Shares as on date representing 80.39% of the paid-up capital of the Company. The Acquirer had made a public announcement to the Public Shareholders of the Company on September 12, 2008, in accordance with Delisting Guidelines. However, the price determined by the reverse book building process, i.e. Rs. 825 per share, ("Earlier RBP Price") was not acceptable to the Promoter. Therefore, the Promoter did not accept the shares at the Earlier RBP Price. The Acquirer would like to provide another exit opportunity to the Public Shareholders of the Company and is making the PA to acquire, subject to the conditions mentioned in paragraph 10 of this PA, upto 7,39,642 Shares of Rs.10 each representing 19.61% of the fully paid-up equity share capital of the Company from the Public Shareholders, if and when offered by the Public Shareholders, pursuant to the delisting offer under the Delisting Guidelines (the "Delisting Offer") and proposes to apply for delisting of the Shares from the stock exchanges where the Shares of the Company are listed viz. the National Stock Exchange of India Limited ("NSE") and Madras Stock Exchange Limited ("MSE") (collectively the "Stock Exchanges"). The Bid Opening Date is May 04, 2009 & the Bid Closing Date is May 08, 2009. A copy of the Public Announcement - Delisting 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 Apr · Meeting

      At the Extra-Ordinary General Meeting held on April 09, 2009, the shareholders have approved the delisting of shares from all the Stock Exchanges. The copy of the resolution passed at the EGM 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. Mar 2009

    • 17 Mar · Meeting

      Notice of Extra-Ordinary General Meeting scheduled to be held on April 09, 2009. 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 Mar · Meeting

      The Company has received a proposal from M/s. Lotte Confectionery Co. Ltd, Korea, the present promoters of the Company, holding 80.39% of the equity capital to acquire balance 19.61% of equity shares of the Company in accordance with SEBI (Delisting of Securities) Guidelines, 2003. We hereby inform that based on the requisition of M/s. Lotte Confectionery Co. Ltd, Korea, the present promoters of the Company, the Company has scheduled to convene an Extra-ordinary General meeting on April 09, 2009, to consider the proposal of Voluntary Delisting of Equity shares of the Company from the Stock Exchanges, which has been decided at the meeting of Board of Directors held on March 13, 2009.

  6. Feb 2009

    • 19 Feb · Disclosure

      Disclosure under Regulation 8A (4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 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.

  7. Jan 2009

    • 28 Jan · Business

      Press release dated January 28, 2009, with respect to Unaudited financial results for the quarter ended December 31, 2008. 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.

    • 19 Jan · Board meeting

      To consider inter alia the approval of the unaudited financial results for the period October 01, 2008 to December 31, 2008.

  8. Oct 2008

    • 21 Oct · Business

      Press release dated October 21, 2008, titled "Lotte India clocked top line growth of 1.65% in Second Quarter 2008-09". 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.

    • 14 Oct · Board meeting

      To consider inter alia the approval of the unaudited financial results for the period July 01, 2008 to September 30, 2008.

    • 10 Oct · Updates

      Lotte India Corporation Limited had informed the Exchange that the Reverse -Book Building for Delisting of equity shares of Lotte India Corporation Limited ("LICL"/"the Company"), in respect of which the Bid Period was from September 26, 2008 to October 01, 2008 (both days inclusive). The company has now informed the Exchange that the final price discovered through RBP is Rs. 825/- per equity share and the promoter has not accepted the discovered price. Further the Company has submitted a copy of the Public Announcement (PA), rejecting above price, has been published on October 06, 2008 in the Newspaper as per SEBI Delisting Guidelines 2003. 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 Oct · Updates

      With reference to the Reverse-Book Building Process ("RBP") for Delisting of equity shares of Lotte India Corporation Limited ("LICL" / "the Company"), in respect of which the Bid Period was from September 26, 2008 to October 01, 2008 (both days inclusive). In this regard, the company has received a copyof letter dated October 03, 2008 from Lotte Confectionery Company Limited ("LCCL" / "Acquirer" / "Promoter"), informing their decision to not to accept the price (i.e. Rs. 825/- per equity share) discovered pursuant to RBP and accordingly to return the equity shares, which were tendered in the RBP and were credited to the Special Depository Account with IL&FS Investsmart Limited, to the respective shareholders. A copy of the letter 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.

  9. Sep 2008

    • 19 Sep · Public Announcement - Delisting

      Public announcement ("PA") being issued by SBI Capital Markets Limited ("SBICAP"), on behalf of Lotte Confectionery Company Limited (hereinafter referred to as "LCCL" or the "Acquirer"/ the "Promoter") in respect of the delisting of the fully paid up equity shares ("Shares") of Lotte India Corporation Limited ("LICL" or the "Company") pursuant to the Securities and Exchange Board of India (Delisting of Securities) Guidelines, 2003 ("Delisting Guidelines"). The Promoter of the Company holds 30,31,647 Shares as on date representing 80.39% of the paid-up equity capital of the Company. The Promoter seeks to acquire 7,39,642 Shares representing 19.61% of the paid-up equity share capital of the Company from the public shareholders, if and when offered by the public shareholders, pursuant to the delisting offer under the Delisting Guidelines (the "Delisting Offer") and proposes to apply for delisting of the shares from the stock exchanges where the Shares of the Company are listed viz. the National Stock Exchange of India Limited ("NSE") and Madras Stock Exchange Limited ("MSE"). The Acquirer hereby makes this Delisting Offer to the public shareholders of LICL in accordance with the Delisting Guidelines. The public shareholders currently hold 7,39,642 Shares constituting 19.61% of the paid-up equity capital of the Company. Determination of the Floor Price: The floor price has been calculated to be the average of the 26 weeks high and low of the closing price on the BSE preceding the date of the PA, which is Rs.300 per share (the "Floor Price"), as per clause 8(2) of the Delisting Guidelines. The Bid Opening Date is September 26, 2008 and the Bid Closing Date is October 01, 2008. A copy of the Public Announcement - Delisting 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. Aug 2008

    • 19 Aug · Meeting

      Minutes of the Annual General Meeting of the company held on July 22, 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.

  11. Jul 2008

    • 24 Jul · Meeting

      At the Annual General Meeting held on July 22, 2008, the Shareholders have approved the delisting of shares from all the Stock Exchanges. A certified copy of the resolution passed at the Annual General Meeting 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.

    • 22 Jul · Business

      Press release dated July 22, 2008, titled "Lotte India clocked top line growth of 9.6% in First Quarter 2008-09". 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.

    • 9 Jul · Board meeting

      To consider inter alia the approval of the unaudited financial results for the period April 01, 2008 to June 30, 2008.

  12. Jun 2008

    • 23 Jun · Delisting of shares

      At the meeting of Board of Directors held on 21st June, 2008, the Board has decided to delist the shares from all the Stock Exchanges, subject to the approval of shareholders at the ensuing Annual General Meeting, which is scheduled to be held on 22nd July, 2008

    • 17 Jun · Board meeting

      To consider delisting of shares from all the Stock Exchanges.

    • 4 Jun · Corporate action

      Company has fixed Book Closure from July 17, 2008 to July 22, 2008 (Both days inclusive) for the purpose of Annual General Meeting.

  13. May 2008

    • 28 May · Updates

      At the Board Meeting held on May 27, 2008 the Board of Directors of the Company considered and approved the annual accounts for the year ended March 31, 2008. Further the Company has submitted to the Exchange the salient features of the accounts approved as per clause 20 of the Listing Agreement. 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.

    • 27 May · Business

      Press release dated May 27, 2008, with respect to Audited Financial Results for the Year ended March 31, 2008. 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.

    • 16 May · Board meeting

      To consider among other things the audited accounts for the year ended March 31, 2008.

  14. Apr 2008

    • 22 Apr · Management

      Mr. Myung Ki Min, has joined as Managing Director of the Company w.e.f. April 22, 2008 and the Board of Directors of the Company has accepted the same at their meeting held on April 22, 2008.

    • 2 Apr · Retirement

      Vide its letter dated April 02, 2008 that "Mr. K V Ramachandra, Managing Director of the Company has submitted today his request for premature retirement and the Board of Directors of the Company has accepted the same at its meeting held today to relieve him at the end of business hours on Friday, 4th April, 2008."

  15. Jan 2008

    • 24 Jan · Board meeting

      At the meeting of Board of Directors held on January 24, 2008 it was decided not proceed with the Rights Issue and to look at alternate options to fund the new project. Further the Company has submitted to the Exchange a copy of the press release with respect to its Unaudited Financial results for the Quarter ended December 31, 2007. 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.

    • 16 Jan · Board meeting

      To consider inter alia the following: (1) Approval of the unaudited financial results for the period October 01, 2007 to December 31, 2007. (2) Fixing of Issue price of shares to be offered through Rights Issue. (3) Fixing of Record Date for ascertaining the eligible shareholders for Rights Issue purpose. (4) Adoption of the Final Letter of Offer to be filed with SEBI.

  16. Nov 2007

    • 7 Nov · Change in Registrar & Share Transfer Agent

      Vide its letter dated November 6, 2007 that : " We have changed our Share Transfer Agents from M/s. Karvy Computershare Private Limited, Plot no. 17 -24, Vittalrao Nagar, Madapur, Hyderabad - 500081 to M/s. Cameo Corporate Services Limited, Subramanian Building, No. 1, Club House Road, Chennai 600 002, with effect from 1st November 2007."

  17. Oct 2007

    • 25 Oct · Business

      Press release dated October 25, 2007, titled "Lotte India Quarter-II growth of 17% in net sales". 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.

    • 15 Oct · Board meeting

      To consider the following: 1) to take on record the unaudited financial results (Provisional) for the quarter ended September 30, 2007. 2) Audited reports for the Rights Issue: a) Restatement of accounts for the last five years duly certified by the auditors. b) Audited accounts for the period from April to August 2007.

  18. Aug 2007

    • 28 Aug · Meeting

      Minutes of the Annual General Meeting held on July 26, 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.

  19. Jul 2007

    • 19 Jul · Board meeting

      Meeting on 26 Jul 2007: “Unaudited financial results for quarter ended June 30, 2007”

  20. Jun 2007

    • 6 Jun · Meeting

      Lotte India Corporation Limited had informed the Exchange that the Board has decided at their meeting held on May 28, 2007 to close the Register of Members and Share Transfer Books of the Company from July 17, 2007 to July 25, 2007 (both days inclusive) for the purpose of Annual General Meeting. The Company has now informed the Exchange that: "Our Annual General Meeting is scheduled to be held on 26th July, 2007. Accordingly, the revised Book Closure dates will be from 17th July, 2007 to 26th July, 2007 (both days inclusive)".

    • 1 Jun · Management

      At the Board Meeting of our Company held on 28th May, 2007, the following decisions have been taken: (1) Appointment of Mr. Jeayel Kim as a Wholetime Director with effect from 1st May, 2007 for a period of five years. (2) Mr. In Do Hwang, Joint Managing Director has been relocated to Korea for his new role, with effect from 1st May, 2007. (3) Shifting of our Company's Registered Office from "Dare House" Parrys Corner, Chennai 600 001 to our own premises at No. 4/111, Mount Poonamallee Road, Manapakkam, Chennai 600 089 with effect from the close of business hours on 31st May, 2007

  21. May 2007

    • 29 May · Corporate action

      It has been decided at the Board Meeting held on May 28, 2007 to close the Register of Members and Share Transfer Books of the Company from July 17, 2007 to July 25, 2007 (both days inclusive) for the purpose of Annual General Meeting.

    • 29 May · Miscellaneous

      At the Board Meeting held on May 28, 2007 the Board of Directors of the Company considered and approved the annual accounts for the year ended March 31, 2007. Further the Company has submitted to the Exchange the salient features of the accounts approved as per clause 20 of the listing agreement. 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.

    • 28 May · Business

      Press release dated May 28, 2007, titled "Lotte India Achieved 11% Growth in Gross sales". 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.

    • 28 May · Corporate action

      Board of Directors at their meeting held on May 28, 2007 has approved the proposal for the Rights Issue subject to the necessary regulatory approvals and the consent of shareholders. The issue price per equity share and the ratio for the proposed Rights Issue would be decided subsequently.

    • 21 May · Board meeting

      To consider among other things, the audited accounts for the year ended March 31, 2007 and the proposal for the Rights Issue.

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

  • 17 Jun 2009Board or managers changedup 0.76%+3.3 pts vs Nifty 500market median 0.0% · five sessions −0.8% (+4.1 pts vs Nifty 500) · volume 0.8× usual

Sharp moves

7 of the 9 shown had no filing that day or the next.

MoveAgainst the Nifty 500Times its usual moveVolume, times usualFilings

  • 7 Oct 2008No filing that day or the nextdown 9.99%−9.3 pts vs Nifty 5003.0× its usual move · volume 0.1× usual
  • 6 Oct 20081 filingdown 10.00%−4.1 pts vs Nifty 5003.2× its usual move · volume 0.0× usual
  • 3 Oct 20081 filingdown 9.54%−6.3 pts vs Nifty 5003.3× its usual move · volume 3.7× usual
  • 26 Jun 2008No filing that day or the nextup 10.23%+8.1 pts vs Nifty 5002.5× its usual move · volume 0.1× usual
  • 1 Jan 2008No filing that day or the nextup 19.70%+19.1 pts vs Nifty 5005.4× its usual move · volume 6.4× usual
  • 17 Dec 2007No filing that day or the nextup 12.80%+17.5 pts vs Nifty 5003.9× its usual move · volume 3.4× usual
  • 24 Sep 2007No filing that day or the nextup 11.68%+10.0 pts vs Nifty 5004.9× its usual move · volume 0.9× usual
  • 13 Sep 2007No filing that day or the nextup 9.22%+8.3 pts vs Nifty 5004.6× its usual move · volume 1.1× usual
  • 23 May 2007No filing that day or the nextup 9.99%+10.7 pts vs Nifty 5004.4× its usual move · volume 1.8× usual