Punjab Tractors (Delisted) share news and announcements

BSE: 500344

Last traded ₹96.05 on 24 Feb 2009

Delisted on 11 May 2009.

Punjab Tractors share news and announcements

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

  1. Jun 2007

    • 15 Jun · Management

      Punjab Tractors Ltd. has informed the Exchange that : " Consequent upon their resignations dated 10th May, 2007, Dr. S. Narayan and Shri Sachit Jain ceased to be the Directors of the Company (Noted by the Directors of the Company in their meeting held on 22nd May, 2007). further, S/Shri Anjanikumar Choudhari and Bishwambhar Mishra (nominated by Mahindra & Mahindra Ltd. & Mahindra Holdings & Finance Ltd.) have been co-opted as additional directors of the Company w.e.f 22nd May, 2007".

  2. May 2007

    • 22 May · Board meeting

      Punjab Tractors Ltd. has informed the Exchange with respect to the Board Meeting held on May 22, 2007 that: "In the context of divestment by major Shareholders and the related ongoing open offer, the Board of Directors has decided not to recommend any dividend on equity shares for FY 2006-2007".

    • 22 May · Business

      Punjab Tractors Ltd. has informed the Exchange that regarding a press release dated May 22, 2007, with respect to the Board Meeting held on May 22, 2007 for the Audited Financial Results of the Company for the FY 2006-07. 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.

    • 21 May · Corrigendum

      Corrigendum to the public announcement released in connection with the Open Offer by Mahindra and Mahindra Limited ("M&M") and Mahindra Holdings & Finance Limited ("MHFL") to the shareholders of Punjab Tractors Limited ("PTL"), in compliance with the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 as amended. 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.

    • 18 May · Corrigendum

      Corrigendum to the public announcement released in connection with the Open Offer by Mahindra & Mahindra Limited ("M&M") and Mahindra Holdings & Finance Limited ("MHFL") to the shareholders of Punjab Tractors Limited ("PTL"), in compliance with the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulation, 1997 as amended. 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.

    • 10 May · Board meeting

      Inter alia, to approve Audited Financial Results of the Company for the year ended March 31, 2007 and to recommend equity dividend.

    • 5 May · Corrigendum

      Corrigendum to the public announcement released in connection with the Open Offer by Mahindra and Mahindra Limited ("M&M") and Mahindra Holdings and Finance Limited ("MHFL") to the shareholders of Punjab Tractors Limited ("PTL") in compliance with the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 as amended. 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. Apr 2007

    • 23 Apr · Results

      Punjab Tractors Ltd. has informed the Exchange that the Company shall publish Audited Financial Results within a period of 3 month for the year ended on March 31, 2007 i.e. on or before June 30, 2007.

    • 19 Apr · E-mail ID for Investor Complaints

      Punjab Tractors Ltd. has informed the Exchange that: "We have created a new e-mail ID [email protected] exclusively for the purpose of redressal of investor complaints".

  4. Mar 2007

    • 13 Mar · Public Announcement-Open Offer

      (2) Pursuant to this offer, the Acquirers propose to acquire, from the existing shareholders, upto 12,151,140 fully paid up equity shares of the Target Company (the "Offer Size") representing 20% of the voting equity capital of the Target Company at a price of Rs.360/- (Rupees Thee Hundred and Sixty only) for each fully paid up equity share of the Target Company ("Share") (such price the "Offer Price"), to be paid in cash in accordance with the Regulations. There are no partly paid equity shares of the Target Company. This Offer is not subject to any minimum level of acceptance. The Opening date of Offer is : May 03, 2007. The Closing date of Offer is : May 22, 2007.The copy 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.

    • 13 Mar · Public Announcement-Open Offer

      Kotak Mahindra Capital Company Ltd. has informed the Exchange that "the public announcement ("PA") is being issued by Kotak Mahindra Capital Company Limited (the "Manager to the offer") for and on behalf of Mahindra and Mahindra Limited, a company Incorporated under the laws of India ("M&M") and Mahindra Holdings & Finance Limited, a Company Incorporated under the laws of India ("MHFL"),(M&M) collectively with MHFL, the "Acquirers") acting in concert with each other, pursuant to and in compliance with, among others, regulation 10 and regulation 12 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 and subsequent amendments thereto (the "Regulations"). The Offer: (1) On March 8, 2007, the Acquirers entered into a Share Purchase Agreement ("SPA") with (a) South Asia Regional Fund, CDC-PTL Holdings Ltd., CDC Financial Services (Mauritius) Ltd.("Actis Group") and (b) Vic Enterprises Pvt. Ltd., Acee Enterprises, Puran Associates Pvt.Ltd. and Mohit Burman ("Burman Family") (Actis Group together with Burman Family the "Sellers") to acquire 26,325,370 fully paid up equity shares representing 43.3% of total issued and fully paid up equity capital of Punjab Tractors Limited ("PTL") ("Target Company") at a price of Rs.360/- (Rupees Three Hundred and sixty only) ("Negotiated Price") per fully paid up equity share (the "Acquisition"). The total consideration payable in cash for the above transaction is Rs. 947,71,33,200 (Rupees Nine Hundred Forty Seven Crore Seventy One Lakh Thirty Three Thousand and Two Hundred Only).

  5. Jan 2007

    • 31 Jan · Business

      Punjab Tractors Ltd. has informed the Exchange regarding a press release, dated January 31, 2007, titled "Punjab Tractors Announces Q3 and 9 Months Results." The details 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.

    • 24 Jan · Board meeting

      To consider and take on record the Un-Audited Financial Results (Provisional) of the Company for the Third Quarter and Nine month period ended December 31, 2006.