Pratibha Industries share news and announcements
BSE: 532718Construction
Trading suspended since 1 Apr 2021
Last traded ₹0.95 on 17 Jun 2019
Pratibha Industries share news and announcements
941 announcements, routine notices left out, newest first. Page 19 of 19.
May 2008
2 May · Dividend
Board of Directors of the Company at its meeting held on May 02, 2008 has recommended Final Dividend @ 20% on Paid up Equity Share Capital of the Company for the financial year ended 2007-08.
Apr 2008
23 Apr · Disclosure
Disclosure U/Reg. 13(6) of the SEBI (Prohibition of Insider Trading) Regulation, 1992 (Insider Regulations). 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.23 Apr · Board meeting
Inter-alia to consider and take on record, the audited financial results for the year ended March 31, 2008, to consider the declaration of dividend, holding of AGM etc.21 Apr · Results
Company will publish audited results for the entire year within 3 months from the end of the financial year 2007-08 instead of publishing un-audited financial results for the forth (last) quarter.1 Apr · Updates
We have secured a contract for construction of a commercial building "SUNSHINE TOWERS" at Dadar (West) Mumbai from Sunshine Housing Development Pvt.Ltd. The value of the contract is Rs.37.03 crores (excluding cost of free issue material). The project involves 'construction of a commercial building of basement + 41 floors in structural steel work'. The project is to be executed in 18 months. Pratibha Industries Ltd is engaged in the business of infrastructure and manufacture of SAW pipes. As Pratibha moves ahead, we have laid increased emphasis on devising its business strategy on aggressive top line growth, a de-risked business model and increased operational efficiencies
Mar 2008
17 Mar · Business
Board of Directors of the Company at their meeting held on March 17, 2008, considered and approved a Composite Scheme of Arrangement and Amalgamation between Pratibha Industries Limited and Pratibha Shareholding Private Limited and One Metro India Private Limited and Pratibha Pipes & Structural Limited and their respective shareholders and creditors ('the Scheme') u/s 391 to 394 of the Companies Act, 1956. 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.12 Mar · Updates
The Company has received following certifications for its SAW Pipe Manufacturing Unit. (1) Certificate of Registration for it's quality management system- " API Specification Q1" for 'Design and Manufacture of Line Pipe' (Registration No. Q1-0495). (2) Certificate of Authority to use API Monogram- " API Spec 5L" (License No. 5L-0626). (3) Certificate of Registration for it's quality management system- "ISO 9001: 2000" for 'Design and Manufacture of Line Pipe' (Registration No. 0754). (4) Certificate of Registration for it's quality management system- "ISO/ TS 29001" for 'Design and Manufacture of Line Pipe' (Registration No. TS-0309). With the above registration in place. Saw Pipe Manufacturing Unit is now fully geared to manufacture pipes for supply to oil & gas segment. Pratibha Industries Ltd is engaged in the business of infrastructure and manufacture of SAW pipes. As Pratibha moves ahead, we have laid increased emphasis on devising its business strategy on aggressive top line growth, a de-risked business model and increased operational efficiencies5 Mar · Updates
We have secured a contract for 'Construction of 900 MLD capacity water pumping station at Bhandup Complex' from Municipal Corporation of Greater Mumbai. The project is in joint venture with Kirloskar Brothers Ltd. The total value of the contract is Rs. 53.81 crores. The project involves 'construction of 900 MLD capacity water pumping station at Bhandup Complex under IV Mumbai Water Supply Project of Municipal Corporation of Greater Mumbai'. The project is to be executed in 30 months. Pratibha Industries Ltd is engaged in the business of infrastructure and manufacture of SAW pipes. As Pratibha moves ahead, we have laid increased emphasis on devising its business strategy on aggressive top line growth, a de-risked business model and increased operational efficiencies
Jan 2008
9 Jan · Board meeting
Meeting on 18 Jan 2008: “Unaudited Financial Results for the qtr ended Dec 31, 2007”
Dec 2007
20 Dec · Business
The Board of Directors has approved the issue of 24,00,000 (Twenty Four Lacs) equity shares of Rs. 10/- each pursuant to Chapter XIII-A of the Securities and Exchange Board of India (Disclosure and Investor Protection) Guidelines, 2000 (the "SEBI Guidelines") at the issue price of Rs. 253 per equity share aggregating to an Issue size of Rs. 607.2 million (INR Six Hundred Seven Million and Two Hundred Thousand Only). The Issue Price is above the floor price calculated in accordance with the SEBI Guidelines. Accordingly the Board of Directors of the Company at its meeting held on 19th December 2007 has allotted 24,00,000 Equity Shares of Rs. 10/- each at a premium of Rs. 243/- per Equity Share to the Qualified Institutional Buyers under Chapter XIII-A of the SEBI Guidelines. Centrum Capital Limited acted as the Sole Book Runner for this Issue. Tower Capital Advisors Pvt. Ltd. and Cipher Capital Advisors Pvt. Ltd. acted as advisors for this Issue18 Dec · Business
Qualified Institution Placement of Equity Shares to Qualified Institutional Buyers in accordance with Chapter XIII-A of SEBI (DIP) Guidelines. The Placement Schedule is as under: BID / Issue opened on - December 18, 2007; BID / Issue closed on - December 18, 2007.
Nov 2007
19 Nov · Miscellaneous
We have secured a contract for 'Replacement of Rising Mains and Laying of New Rising Mains and Gravity Mains in Jammu City' from Jammu & Kashmir Economic Reconstruction Agency. The total value of the contract is Rs.49.49 crores. The project involves 'replacement of worn out rising mains and laying of new rising mains and gravity mains in various parts of Jammu City (Strengthening of existing system of Phase II)'. The project is to be executed in 18 months. Pratibha Industries ltd is engaged in infrastructure business and manufacture of SAW pipes. As Pratibha moves ahead, we have laid increased emphasis on devising its business strategy on aggressive top line growth, a de-risked business model and increased operational efficiencies.13 Nov · Business
We have secured a contract for construction / expansion of domestic arrival terminal of Indira Gandhi International Airport, New Delhi from Delhi International Airport (P) Limited (a GMR group company). The project is in joint venture with Pratibha Pipes & Structural Ltd., a group company. The total value of the contract is Rs. 41.35 crores. The project involves "construction and expansion of the domestic arrival terminal at Indira Gandhi International Airport at New Delhi". The project is to be executed in about 5 months. Pratibha Industries Ltd is engaged in infrastructure business and manufacture of SAW pipes. As Pratibha moves ahead, we have laid increased emphasis on devising its business strategy on aggressive top line growth, a de-risked business model and increased operational efficiencies.8 Nov · Miscellaneous
We have secured a contract for construction of Residential Complex of four High Rise Towers of 49 floors from Vijay Associates (Wadhwa) Constructions Pvt. Ltd. The total area to be constructed is about 25 lakhs sq. ft. The total value of the contract is Rs.58.92 crores excluding cost of material. The completion period of the project is 33 months. Pratibha Industries Ltd is engaged in infrastructure business and manufacture of SAW pipes. As Pratibha moves ahead, we have laid increased emphasis on devising its business strategy on aggressive top line growth, a de-risked business model and increased operational efficiencies6 Nov · Miscellaneous
We have securitised our deferred receivables from Navi Mumbai Municipal Corporation, in respect of the water supply project (on deferred payment basis) under execution, with Reliance Capital Limited. The value of the deal is Rs.140 crores. The project at a cost of Rs.200.90 crores is in the final stage of completion and the first milestone shall be completed by 31st December 2007. Entire project is scheduled to be completed by 31st March 2008. We have securitised the first four deferred instalments receivables from Navi Mumbai Municipal Corporation with Reliance Capital Limited. Pratibha Industries Ltd is engaged in infrastructure business and manufacture of SAW pipes. As Pratibha moves ahead, we have laid increased emphasis on devising its business strategy on aggressive top line growth, a de-risked business model and increased operational efficiencies6 Nov · Miscellaneous
We have secured a contract for design and construction of storm water pumping station at Irla, Andheri West, Mumbai from Municipal Corporation of Greater Mumbai. The project is in joint venture with Grundfos Pumps Private Limited, Chennai and Keum Jung Industrial Company Limited. Seoul, Korea The total value of the contract is Rs.70.07 crores. The project involves "design and construction of storm water pumping station including supply, delivery, erection, commissioning of mechanical, electrical, instrumentation and automation works and comprehensive operation, maintenance of pumping plant at Irla, Andheri West, Mumbai. The project is to be executed in 12 months. Pratibha Industries Ltd is engaged in infrastructure business and Manufacture of SAW pipes. As Pratibha moves ahead, we have laid increased emphasis on devising its business strategy on aggressive top line growth, a de-risked business model and increased operational efficiencies
Oct 2007
31 Oct · Commencement of commercial production
Pratibha Industries Ltd. commences commercial production at its SAW pipe Plant. 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 Oct · Board meeting
Meeting on 26 Oct 2007: “Unaudited Financial Results for the Qtr ended Sept 30, 2007”
Aug 2007
14 Aug · Miscellaneous
We have secured a contract from Indore Development Authority, Indore for a road construction project. The total value of the contracts is Rs.137.70 crores. The project is in joint venture with Niraj Cement Structurals Ltd. The projects involves "Construction of Pilot Corridor on A. B. Road (Niranjanpur to Rajiv Gandhi Square), Indore, Madhya Pradesh (under the 'Bus Rapid Transit System, Indore' of Principle Agency - Indore City Transport Services Limited) floated by Indore Development Authority, Indore". The project is to be executed in 24 months. Pratibha Industries Ltd. is engaged in infrastructure business with key focus on water segment. As Pratibha moves ahead, we have laid increased emphasis on devising its business strategy on aggressive top line growth, a de-risked business model and operational efficiencies
Jul 2007
23 Jul · Miscellaneous
We have secured two contracts from Municipal Corporation of Greater Mumbai for water supply schemes. The total value of the contracts is Rs. 434.86 crores. Above projects are parts of Middle Vaitarna Water Supply Project and involve " providing and laying of 3000 mm diameter M. S. pipes of total length of 20.7 km and allied works". The projects are to be executed in 45 months. Pratibha Industries Ltd is engaged in infrastructure business with key focus on water segment. As Pratibha moves ahead, we have laid increased emphasis on devising its business strategy on aggressive top line growth, a de-risked business model and increased operational efficiencies17 Jul · Board meeting
Meeting on 24 Jul 2007: “Unaudited financial results for quarter ended June 30, 2007”2 Jul · Miscellaneous
We have secured two contracts from Indore Municipal Corporation (Project Implementation Unit Project Uday) for two water supply schemes. The total value of the contracts is Rs 97.78 crores. The projects are to be executed in 12/ 18 months. The project involves " supplying, laying, jointing, testing and commissioning of pure water pumping main, feeder main etc. at Indore". Pratibha Industries Ltd is engaged in infrastructure business with key focus on water segment. As Pratibha moves ahead, we have laid increased emphasis on devising its business strategy on aggressive top line growth, a de-risked business model and increased operational efficiencies
Jun 2007
27 Jun · Meeting
Annual General Meeting of the members of the Company has been conducted on June 20, 2007. The members have passed fourteen resolutions out of which 5 (five) were ordinary resolutions and 9 (nine) were special resolutions. A copy of the brief summary of the proceedings of 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.26 Jun · Business
We have secured a contract from Jabalpur Municipal Corporation (Project Implementation Unit - PROJECT UDAY) for a water supply scheme. The value of the contract is Rs. 26.44 crores. The project is to be executed in 24 months. The project involves "providing, laying, jointing, testing and commissioning of clear water rising mains and feeder mains at Jabalpur". Pratibha Industries Ltd is engaged in infrastructure business with key focus on water segment. As Pratibha moves ahead, we have laid increased emphasis on devising its business strategy on aggressive top line growth , a de-risked business model and increased operational efficiencies7 Jun · Business
We have secured a contract from J & K Economic Reconstruction Agency for a water supply scheme. The value of the contract is Rs. 19.69 crores. The project is to be executed in 15 months. The project involves "improvement of Nishat and Doodhganga water supply schemes by providing, laying of D. I. pipe lines including allied works at Srinagar." Pratibha Industries Ltd is engaged in infrastructure business with key focus on water segment. As Pratibha moves ahead, we have laid increased emphasis on devising its business strategy on aggressive top line growth , a de-risked business model and increased operational efficiencies
May 2007
11 May · Meeting
Board has, inter alia, approved and decided : (1) June 20, 2007 as date for Annual General Meeting; (2) Book Closure date from June 13, 2007 to June 20, 2007; (3) Further issue of equity shares not exceeding US$ 25 million, subject to approval of Shareholders, etc.11 May · Utilisation of Funds
The details of the utilisation of the net IPO proceeds are as stated below :- (1) Particulars :- Investment in BOOT/BOT Project; Utilisation as Projected in the Prospectus :- 1500.00; Actuals as on 31.03.2007 :- 1223.00, (2) Particulars :- Investment in Spiral Pipe Plant; Utilisation as Projected in the Prospectus :- 1400.00; Actuals as on 31.03.2007 :- 1660.00, (3) Particulars :- Long Term Working Capital Margin; Utilisation as Projected in the Prospectus :- 1560.00; Actuals as on 31.03.2007 :- 1601.00, (4) Particulars :- Repayment of Part of Existing Debt/Loan; Utilisation as Projected in the Prospectus :- 120.00; Actuals as on 31.03.2007 :- 120.00, (5) Particulars :- Issue Expenses; Utilisation as Projected in the Prospectus :- 562.00; Actuals as on 31.03.2007 :- 538.00. Total; Utilisation as Projected in the Prospectus :- 5142.00; Actuals as on 31.03.2007 :- 5142.0011 May · Dividend
Board of Directors, in their Meeting held on May 11, 2007, recommended a final dividend @ 20% i.e., Rs.2.00 per share on 1,42,85,000 equity shares of the Company.10 May · Miscellaneous
We have secured a contract from Municipal Corporation of Brihanmumbai for construction of a tunnel and allied works at Modak Sagar for transportation of water in joint venture with Ostu - Stettin Hoch u. Tiefbau GmbH, an Austrian Company. The value of the contract is Rs.222.52 crores. The project is to be executed in 48 months. The project involves "construction of a 7.5 km Tunnel of 4100 mm diameter with allied works such as intake and pipeline for transportation of water. The Tunnel shall be approximately 90 meters below the ground level". Pratibha Industries Ltd is engaged in infrastructure business with key focus on water segment. As Pratibha moves ahead, we have laid increased emphasis on devising its business strategy on aggressive top line growth, a de-risked business model and increased operational efficiencies7 May · Miscellaneous
We have secured a contract from Municipal Corporation of Brihanmumbai for construction of a Tunnel and allied works from Malabar Hill to Cross Maidan for transportation of water in joint venture with Patel Engineering Ltd. The value of the contract is Rs.1.567 billion. The project is to be executed in 37 months. The project involves "construction of a 3.5 km Tunnel of 2800 mm diameter with shafts and allied works from Malabar Hill to Cross Maidan for transportation of water. The Tunnel shall be approximately 90 meters below the ground level. About one km of the Tunnel shall pass below the sea opposite Chowpatty". Pratibha Industries Ltd is engaged in infrastructure business with key focus on water segment. As Pratibha moves ahead, we have laid increased emphasis on devising its business strategy on aggressive top line growth, a de-risked business model and increased operational efficiencies3 May · Miscellaneous
Pratibha Infrastructures Pvt. Ltd (a wholly owned subsidiary of Pratibha industries Ltd.) has secured a contract from Asian Healthcare Services Limited for construction of Multi-Speciality Hospital Building at Worli. The value of the contract is Rs. 805 million. The project is to be executed in eighteen months. The project involves "construction of a building consisting of two-level basement, two towers of 18 and 23 stories in steel structure, encasing steel structure in cement etc." Pratibha Industries Ltd is engaged in infrastructure business with key focus on water segment. As Pratibha moves ahead, we have laid increased emphasis on devising its business strategy on aggressive top line growth, a de-risked business model and increased operational efficiencies. Pratibha Infrastructure Pvt. Ltd (a wholly-owned subsidiary of Pratibha industries Ltd.) proposes to exploit the opportunity available in urban infrastructure.3 May · Miscellaneous
We have secured a contract from GMS Construction Pvt. Ltd. for construction of a commercial building at Kalina, Santacruz from GMS Construction Pvt. Ltd. The value of the contract is Rs.199 million . The project is to be executed in nine months. The project involves "construction of a commercial building in structural steel". Pratibha Industries Ltd is engaged in infrastructure business with key focus on water segment. as Pratibha moves ahead, we have laid increased emphasis on devising its business strategy on aggressive top line growth, a de-risked business model and increased operational efficiencies3 May · Board meeting
Inter alia to consider and take on record, the audited financial results for the year ended March 31, 2007, to consider the declaration of dividend, further issue of share capital, holding of AGM etc.
Apr 2007
26 Apr · Board meeting
To consider inter-alia to avail credit facilities from the Bankers of the Company.16 Apr · Disclosure
Disclosure under Regulation 13(6)of the SEBI (Prohibition of Insider Trading) Regulation,1992 (Insider Regulations). 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.
Mar 2007
7 Mar · Results
The Company has received the Scrutiniser's Report from Mr. Dinesh Deora, a Practicing Company Secretary, whom the board has appointed as Scrutiniser, with regard to passing of resolution for alteration of object clause of Memorandum of Association by means of Postal Ballot in terms of Section 192A of the Companies Act, 1956 read with Companies (Passing of Resolution by Postal Ballot) Rules, 2001. According to the report submitted by Mr. Dinesh Deora, Scrutiniser, to the Chairperson of the Company, the Resolution for alteration in object clause of Memorandum of Association has been duly passed. Brief details of the report are as under: (1) Particulars :- Total Postal Ballot Forms Received; Forms :- 619; Shares :- 1,01,14,312; % :- 100.00, (2) Particulars :- Less: invalid Postal Ballot Forms; Forms :- 15; Shares :- 1,987; % :- 00.02, (3) Particulars :- Net valid Postal Ballot Forms; Forms :- 604; Shares :- 1,01,12,325; % :- 99.98, (4) Particulars :- Postal Ballot Forms with assent; Forms :- 590; Shares :- 1,01,10,882; % :- 99.97, (5) Particulars :- Postal Ballot Forms with dissent; Forms :- 14; Shares :- 1,443; % :- 0.01. In view of the above the Resolution for change in object clause is stand duly passed
Feb 2007
27 Feb · Proceedings/Others
Proceedings of the Extra Ordinary General Meeting of the members of the Company which was held on 19th February, 2007. The members have unanimously passed all the resolutions. The details of the proceedings of the meetings and the notice containing all the resolutions 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.
Jan 2007
25 Jan · Management
Mr. Pankaj S. Chourasia, who has been appointed as Company Secretary, is the Compliance Officer of the Company. Further, we would also like to apprise you the key managerial persons of the Company are as under; (1) Mr. Ajit B. Kulkarni :- Managing Director & CEO, (2) Mr. Rohit Katyal :- Chief Operating Officer, (3) Mr. T. R. Radhakrishnan :- Chief Financial Officer, (4) Mr. Pankaj S. Chourasia :- Company Secretary Officer & Compliance Officer22 Jan · Business
We have secured a contract from Airport Authority of India for construction of New International Terminal Building of Ahmedabad Airport in joint venture with Italian Thai Development Public Company Limited, Bangkok, Thailand. The value of the contract is Rs.1220 million. The project is to be executed in two years. Thr project involves "construction of the new international terminal building, parking areas, electrical, air-conditioning & building management system etc.". Pratibha Industries Ltd is engaged in infrastructure business with key focus on water segment. As Pratibha moves ahead, we have laid increased emphasis on devising its business strategy on aggressive top line growth, a de-risked business model and increased operational efficiencies15 Jan · Board meeting
To consider, inter alia, unaudited financial result for the third quarter ended on 31st December, 2006, to raise funds upto Rs.200 Crores by way further issue of Share Capital, amendment in Object Clause of Memorandum of Association etc.8 Jan · Business
We have secured a contract from Public Health Engineering Department, Government of Rajasthan for Nagaur Lift Canal Project Phase - I (Package - I). The value of the contract is Rs. 3316.45 million. The project is to be executed in two years. This is the single largest contract received by the Company. The project involves "construction of inlet facilities, pump houses, reservoirs filter plant, pipelines, electrical and instrumentation, road construction for bypasses etc." Pratibha Industries Ltd is engaged in infrastructure business with key focus on water segment. As Pratibha moves ahead, we have laid increased emphasis on devising its business strategy on aggressive top line growth, a de-risked business model and increased operational efficiencies