Parrys Sugar Industries (Delisted) share news and announcements
BSE: 500162
Formerly GMR Industries
Last traded ₹48.90 on 24 May 2017
Delisted on 8 Jan 2018.
Parrys Sugar Industries share news and announcements
394 announcements, routine notices left out, newest first. Page 8 of 8.
Jun 2010
May 2010
19 May · Management
Mr. D. Kumaraswamy has been appointed as an Additional Director on the Board of the Company with effect from May 18, 2010.19 May · Management
Mr. D. Kumaraswamy has been appointed as an Additional Director on the Board of GMR Industries Ltd. with effect from May 18, 2010.
Apr 2010
26 Apr · Public Announcement
Enam Securities Pvt. Ltd. has informed the Exchange regarding Public Announcement ("PA" or "Public Announcement") being issued by Enam Securities Private Limited ("ENAM"), the Manager to the Offer, on behalf of E.I.D.- Parry (India) Limited ("EID" or the "Acquirer"), to the equity shareholders of GMR Industries Limited ("GIL" or "Target") pursuant to and in compliance with regulations 10 and 12 and other applicable provisions of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations 1997 and subsequent amendments thereto ("SEBI (SAST) Regulations" or the "Regulations") ("Offer" or "Open Offer"). Pursuant to the substantial acquisition of equity shares and control, this mandatory Offer is being made by the Acquirerin compliance with regulations 10 and 12 and other applicable provisions of SEBI (SAST) Regulations (the "Offer" or"Open Offer"). The Acquirer hereby makes this Offer to the shareholders of the Target (other than the parties to the SPA)to acquire up to 39,92,342 equity shares of the Target of face value of Rs.10 each representing in aggregate 20% of thefully paid up equity share capital of the Target at a price of Rs. 110.69/- (Rupees One hundred ten and sixty-nine paisaonly) per fully paid up equity share ("Offer Price") payable in cash subject to the terms and conditions mentioned in thisPA and in the Letter of Offer that will be sent to the shareholders in accordance with the SEBI (SAST) Regulations (the"Letter of Offer"). This Offer is not subject to any minimum level of acceptance. A scheduled of the activities pertaining to the Offer is given below: (1) Specified Date :- April 30, 2010. (2) Date of opening the Offer :- June 18, 2010 (3) Last date of closing of the Offer : July 07, 2010. The details 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.26 Apr · Updates
The Company has received a letter from GMR Holdings Pvt. Ltd. (Seller) and E.I.D. Parry (India) Limited (Acquirer) that the acquirer has on April 25, 2010 signed a Share Purchase Agreement with the Seller for the acquisition of upto 1,29,75,110 but not less than 1,01,80,471 equity shares of our Company at a price of Rs.57.35 per equity share of Rs.10/- each constituting upto 65% but not less than 51% of the issued and paid up Equity Share Capital of the Company. The Acquirer has also agreed to acquire the balance 1,28,31,880 - 8% non-cumulative redeemable preference shares of Rs.11/-each at par. Consequent to the above, the acquirer will be making an open offer to the shareholders of the Company to acquire upto 39,92,342 equity share of Rs.10/- each of the Company representing in aggregate 20% of the fully paid up equity capital of the Company at a price of Rs.110.69 per fully paid equity share in pursuance of regulations 10 & 12 and other applicable provisions of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 1997.26 Apr · Updates
Company has received a letter from GMR Holdings Pvt. Ltd. (Seller) and E.I.D. Parry (India) Ltd. (Acquirer) that the acquirer has on April 25, ....15 Apr · Board meeting
To inter-alia, consider the Annual Accounts / Audited Financial Results of the Company for the year ended March 31, 2010.
Jan 2010
18 Jan · Board meeting
To inter-alia, consider the Unaudited Financial Results of the Company for the quarter / nine months ended December 31, 2009.
Oct 2009
27 Oct · Management
Board of Directors of the Company at their meeting held on October 27, 2009: (1) Accepted the resignation of Mr.B.V.N.Rao as Director of the Company with effect from October 19, 2009.(2) Appointed Mr.K.Balasubramanian as Director and Chairman of the Board with effect from October 27, 2009.15 Oct · Board meeting
Interalia, consider Unaudited Financial Results of the Company for the quarter / half year ended September 30, 2009.
Aug 2009
1 Aug · Meeting
Annual General Meeting of the Company is scheduled to be held on September 17, 2009. Further the Company has announce the Book Closure dates from September 10, 2009 to September 17, 2009 both days inclusive for the purpose of Annual General Meeting.
Jul 2009
28 Jul · Management
Board of Directors of the Company at their meeting held on July 27, 2009, appointed Mr. A Sankara Rao as Executive Director with effect from August 01, 2009 for a period of 3 years.17 Jul · Board meeting
Meeting on 27 Jul 2009: “Unaudited Financial Results for the Qtr ended June 30, 2009”
May 2009
18 May · Board meeting
To inter alia, consider the Annual Accounts/Audited Financial Results of the Company for the year ended March 31, 2009.
Apr 2009
16 Apr · Results
Company has opted to submit its audited results for the entire Financial Year ended March 31, 2009, within the stipulated period of three months thereof i.e., by June 30, 2009. Consequently, the Company will not be submitting and publishing its unaudited financial results for the quarter ended March 31, 2009, i.e. in respect of the last quarter of the financial year.
Feb 2009
13 Feb · Change in registered office
Consequent to the approval of the shareholders and confirmation by the Hon'ble Company Law Board, Chennai, the registered office of the Company has been shifted from 6-3-866/1/G2, Grrenlands, Begumpet, Hyderabad-500016, Andhra Pradesh to 25/1, Skip House, Museum Road, Bangaluru -560025, Karnataka w.e.f. 6th February 2009
Jan 2009
28 Jan · News Verification
News Verification : The media had reports that Bunge may pick up a strategic stake in the company. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. GMR Industries Limited has vide its letter inter-alia stated, "As part of its continuing focus on streamlining its business, the Company adopts a non-obligatory approach to examining various business and strategic opportunities that support its endeavours to reinforce its presence as an emerging significant player in the Agri space. The media reports in question are purely speculative in nature and based on the information available with the Company there is nothing of material substance which warrants a disclosure at this stage to the public or the stock exchanges. As and when an event requiring disclosure arises, the company undertakes to disclose to the stock exchanges first."16 Jan · Board meeting
Meeting on 30 Jan 2009: “Unaudited Financial Results for the qtr ended Dec 31, 2008”
Oct 2008
20 Oct · Board meeting
To inter-alia, consider and approve the Unaudited Financial Results of the Company, for the quarter/ half year ended September 30, 2008.14 Oct · Meeting
In accordance with the provisions of the Section 192A of the Companies Act, 1956 read with the Companies (Passing of the Resolutions by Postal Ballot) Rules, 2001, for approval of the members of the company is accorded for the following resolution by Postal Ballot: Ordinary Resolution under Section 293(1)(a) of the Companies Act, 1956 - transfer, sell or otherwise dispose of in any manner whatsoever the Company's Aviation Business. The Board of Directors vide resolution dated September 10, 2008 have appointed Mr. V.Sreedharan, as Scrutinizer for conducting the postal ballot. Duly completed postal ballot forms should reach to the Company not later than the close of working hours on October 21, 2008. The scrutinizer will submit his report to the Chairman of the Company after completion of the scrutiny. The postal ballot results will be announced on October 28, 2008. A copy of the 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.
Sep 2008
5 Sep · Meeting
Annual General Meeting of the Company is scheduled to be held on September 25, 2008.
Aug 2008
6 Aug · Corporate action
Book Closure is from September 19, 2008 to September 25, 2008 (both days inclusive) for the purpose of Annual General Meeting & Dividend.
Jul 2008
18 Jul · Board meeting
Meeting on 30 Jul 2008: “Unaudited Financial Results for the Qtr ended June 30, 2008”
Jun 2008
19 Jun · Meeting
In accordance with the provisions of the Section 192A of the Companies Act, 1956 read with the Companies (Passing of the Resolutions by Postal Ballot) Rules, 2001 approval of the members of the company is accorded for the following resolution by Postal Ballot: Special Resolution under Section 17 of the Companies Act, 1956 - Shifting of Registered Office from the state of Andhra Pradesh to the state of Karnataka and alteration of the Memorandum of Association of the Company. The Board of Directors in their Meeting held on June 03, 2008 have appointed Mr. L.V.V. Iyer, Corporate Lawyer, as Scrutinizer for conducting the postal ballot. Duly completed postal ballot forms should reach to the Scrutinizer not later than the close of working hours on July 18, 2008. The scrutinizer will submit his report to the Chairman of the Company after completion of the scrutiny. The postal ballot results will be announced on July 26, 2008. A copy of the 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.3 Jun · Board meeting
Meeting of the Board of Directors of the Company was held on June 03, 2008 and the following decisions were taken: 1) Took on record the resignation of Dr.V.Raghunathan as the Managing Director of the Company with effect from June 04, 2008. 2) Appointed Mr.R.Ramakrishnan as the Managing Director of the Company with effect from June 04, 2008. 3) Decided to acquire M/s Alagawadi Bireshwar Sugars Pvt. Ltd., a Company which holds a license to set up and operate a 3500 TCD Sugar Mill at Raibagh in Karnataka. 4) Approved the shifting of the Company's Registered Office from Hyderabad to Bangalore, subject to approval of the Members and confirmation of the Company Law Board.3 Jun · Dividend
Board of Directors of the Company at its meeting held on June 03, 2008 has recommended a 10% equity dividend and 8% fixed dividend on preferences shares.
May 2008
22 May · Board meeting
Meeting of the Board of Directors of the Company has been re-scheduled to June 03, 2008 inter alia, to :- (1) consider and approve the Audited Financial Results of the Company, for the quarter and financial year ended March 31, 2008. (2) recommend dividend, if any, for the financial year 2007-08.15 May · Board meeting
Inter-alia, to 1) consider and approve the Audited Financial Results of the Company, for the quarter and financial year ended March 31, 2008. 2) recommend dividend, if any, for the financial year 2007-08.
Apr 2008
25 Apr · Results
The Company opts to declare audited financial results for 4th quarter and year ended 31st March 2008, within three months i.e. by 30th June, 2008.
Jan 2008
31 Jan · Business
Press release dated January 31, 2008, titled "GMR Industries Ltd. to raise 250 crores through Rights Issue". 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.30 Jan · Rights/Others
Board of Directors of the Company in its meeting held on January 30, 2008 had approved the following: 1) Approved the proposal for a rights issue for Rs. 250.00 Crores and appointed a committee for the same. 2) Approved Proposal for setting up a Medium Density Fiber Board Project and setting up of another Sugar Complex in Karnataka.21 Jan · Board meeting
1) To consider and approve the unaudited financial results of the Company for the quarter ended December 31, 2007 and 2) To consider a proposal for rights issue.
Oct 2007
31 Oct · Management
Vide its letter dated October 29, 2007 that: "the following changes in the composition of the Board of Directors of the Company. (1) The following directors viz., Mr. K. Balasubramanian, Mr. K. Narayana Rao and Mr. A. Subba Rao have resigned from the Board. Their resignations were accepted by the Board and they ceased to be Directors on the Board of the Company, with effect from October 29, 2007. (2) Mr. B.V. Nageswara Rao has been appointed as an additional Director on the Board of Directors of the Company with effect from October 29, 2007. Mr. B.V. Nageswara Rao was also elected as the Chairman on the Board of Directors of the Company, in place of Mr. K. Balasubramanian, Mr. B.V. Nageswara Rao represents Non Executive and Non Independent category on the Board."30 Oct · Meeting
Minutes of Annual General Meeting of the Company held on September 25, 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.24 Oct · Miscellaneous
Gmr Industries Limited had informed the Exchange that the Company was declared successful bidder for taking on lease the partly completed sugar factory of M/s. Sri Dhanalaxmi Sahakari Sakkare Karkhane Niyamit, Belgaum District on Build, Own, operate and Transfer (BOOT) basis for a period of 25 years. Further to the above, on 24th October 2007, the company has entered into the Lease Agreement with M/s. Sri Dhanalaxmi Sahakari Sakkare Karkhane Niyamit, Belgaum District, after the Hon'ble High Court of Karnataka dismissed the writ petition and writ appeals and upheld the grant of lease in favour of the Company. The sugar Factory with a capacity of 2500 TCD and Cogen plant is in partially completed stage i.e. 80% completed stage. The lessee M/s. GMR Industries Limited shall complete the balance work of supply and erection and shall commence crushing operations during 2008-09 Sugar Season. The Plant capacity shall be expanded from 2500 TCD to 4000 TCD and the Cogen capacity shall be expanded in a phased manner. The plant is located in the Belgaum district, where plenty of cane is available and historically has been a high sugar recovery area endowed with favorable climatic conditions".16 Oct · Board meeting
Meeting on 29 Oct 2007: “Unaudited Financial Results for the Qtr ended Sept 30, 2007”1 Oct · Dividend
Shareholders of the Company in the Annual General Meeting held on September 25, 2007 have declared the equity dividend of Rs.1.50ps (15%) on 19961707 equity shares of Rs.10/- each, for the Financial Year 2006-07. Company is proposing to make dividend payment to the shareholders on October 22, 2007. The dividend payment shall be made in three modes: (1) By way of DDs to the shareholders who are eligible for dividend amount of Rs.1,00,000/- & above. (2) By way of ECS who have opted for ECS facility. (3)By way of Dividend Warrants, who are eligible for dividend amount upto Rs.99,999/-, which shall be payable at par at all clearing branches of HDFC Bank in India. Further Company would bear the collection charges, if any, collected by any bank in the country at centres other than the specified centres in Dividend Warrant or issue a DD in lieu of the Dividend Warrant, on intimation from the Shareholder. Further the Company has submitted a list of branches of HDFC Bank. A copy of the list of branches 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.