Madras Aluminium Co. Ltd., (Delisted) share price history

BSE: 504580

Last traded ₹115.85 on 11 Jun 2009

Delisted on 19 Jun 2009.

Last announcements

The company's own last announcements before its shares stopped trading, routine notices left out.Share news and announcements

  1. Jun 2009

    • 8 Jun · Meeting

      Annual General Meeting of the Members of the Company is scheduled to be held on June 24, 2009. Further the Company had informed the Exchange that the Board of Directors of the Company at its meeting held on April 28, 2009 has recommended a dividend of Rs.1.80 per equity share of Rs.2/- each for the current year. The payment is subject to the approval of the shareholders in the Annual General Meeting. The Company has further informed that the Register of Members and Share Transfer Books of the Company will remain closed from June 17, 2009 till June 24, 2009 (both days inclusive).
  2. May 2009

    • 29 May · Suspension and Delisting of trading in equity shares

      Members of the Exchange are hereby informed that the trading in the equity shares of The Madras Aluminium Co. Ltd. shall be suspended w.e.f. June 12, 2009 (i.e. w.e.f. closing hours of trading on June 11, 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 The admission to dealings in securities of the said company shall be withdrawn (delisted) w.e.f. June 19, 2009.
    • 29 May · Delisting of shares

      Madras Aluminium Co Ltd 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 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. Apr 2009

    • 28 Apr · Dividend

      Board of Directors of the Company at its meeting held on April 28, 2009 has recommended a dividend of Rs.1.80 per equity share of Rs.2/- each for the current year. The payment is subject to the approval of the shareholders in the Annual General Meeting.
    • 16 Apr · Board meeting

      Inter-alia to consider the Un-audited Quarterly Financial Results and Annual Accounts for the period ended March 31, 2009 and also to consider declaration of dividend, if any, on the equity shares of the company
  4. Mar 2009

    • 24 Mar · Delisting offer

      "This public announcement ("Public Announcement" / "PA") is being issued by Twin Star Holdings Limited ("THL" or "Acquirer"), pursuant to clause 10 of the Securities and Exchange Board of India (Delisting of Securities) Guidelines, 2003 ("Guidelines") to the public shareholders ("Shareholders") of The Madras Aluminium Company Limited (the "Company") in respect of the proposed acquisition and delisting of the fully paid-up equity shares ("Equity Shares") of the Company under the Guidelines, (the "Delisting Offer"). The Acquirer is pleased to announce the results of the Delisting Offer and the discovered price per Offer Share, as determined through the reserve book building process using the electronic facility of the Bombay Stock Exchange Limited ("BSE"). The Acquirer has accepted the discovered price of Rs. 115 per Offer Share ("Exit Price') established by the reserve book building process which was opened on March 17, 2009 and closed on March 20, 2009 for the Shareholders holding Offer Shares in the dematerialized form, in accordance with the Guidelines (being the price at which the maximum number of Offer Shares have been tendered). Accordingly, the Acquirer shall accept all the bids at or below the Exit Price and the Shareholders who have tendered their Offer Shares at or below the Exit Price will be paid the consideration at the Exit Price of Rs. 115 per Offer Share. The final settlement date for the Offer Shares held in dematerialized form that have been tendered at or below the Exit Price is March 25, 2009. Dispatch of consideration to the shareholders will start upon the completion of the final settlement as per the Bid Letter. 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.

Share price history

Daily closes since Jul 2008, adjusted for splits and bonuses. Earlier closes are left out: on 17 Jul 2008 the price changed in a way no corporate action on record explains.

Daily close, ₹ per share

Results

Standalone; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Mar 2009, against the quarter before

Revenue
₹112 Crdown 4.78%
Net profit
₹29 CrQuarter to Dec 2008: −₹7.13 Cr
Net margin
25.6%

Revenue by year

Peak revenue ₹494 Cr, year to Mar 2009

Net profit by year, a loss in red

₹ croreSep 2007Dec 2007Mar 2008Jun 2008Sep 2008Dec 2008Mar 2009
Revenue124110129136127118112
Net profit2915−15223−729
Net margin23.2%13.4%−11.5%15.8%2.2%−6.0%25.6%
Standalone. The quarters from Sep 2007, the first on record, but for those filed as half years, which are below. The latest is shaded.
₹ croreSep 2007
Revenue235
Net profit65
Net margin27.8%
Standalone. The half years in the same span that the quarters on record do not fully cover.

Recent sessions

The last 10 trading days to 11 Jun 2009, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
11 Jun 2009115.95116.50115.10115.85115.7243,702
10 Jun 2009118.00118.00115.10115.35115.6949,564
9 Jun 2009115.10116.80115.10115.20115.5030,836
8 Jun 2009116.00116.50114.10114.55115.0145,632
5 Jun 2009114.95119.00113.65115.15115.661,08,903
4 Jun 2009113.55115.00113.55113.75113.8127,074
3 Jun 2009116.00116.00113.25113.90114.5260,273
2 Jun 2009118.90121.00114.00114.45115.651,41,562
1 Jun 2009113.60125.00113.60114.60117.673,02,227
29 May 2009114.45114.50113.60113.65113.991,610
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Delisting offer history

Ex-dateEventPrice factorWhat happened
17 Jul 2008Price move–Between two trading sessions the price fell 47% or more, or rose 90% or more. No corporate action is on record. Earlier prices are not shown.
Where an event has no factor that can be worked out, the chart leaves out the closes before it.

Company details

BSE code
504580
ISIN
INE223B01026
Listed
May 2000
Face value
₹2