Videocon Industries share news and announcements
BSE: 511389Consumer Durables
Formerly Videocon Leasing and Industrial Finance
Trading suspended since 17 Jun 2021
Last traded ₹7.35 on 15 Jun 2021
Videocon Industries share news and announcements
1,673 announcements, routine notices left out, newest first. Page 34 of 34.
Dec 2007
27 Dec · Results
Mr.Sheetal Kumar Dak, Company Secretary in Whole-Time Practice, Scrutinizer appointed for conducting the Postal Ballot in terms of the Rule 5(b) of the Companies (Passing of the Resolution by Postal Ballot) Rules, 2001 has submitted his report on 26th December 2007 confirming that the Special Resolution has been passed by requisite majority. The Board of the Directors of the Company has taken the Scrutinizer's Report on record and declared the special resolution as passed. Accordingly, the Main Object Clause of the Memorandum of Association of the Company stands amended with insertion of additional object as stated in the Notice as mentioned above, which enables the company to carry on the business of telecommunications. The Company Secretary has announced the results of the Company by declaring the aforesaid special resolution as passed.18 Dec · Allotment of shares
The Board of Directors of the Company has allotted 1,018,523 (One Million Eighteen Thousand Five Hundred Twenty Three only) equity shares pursuant to conversion of 10,350 FCCBs in terms of issue of 5% Foreign Currency Convertible Bonds of US$ 1,000 each, due on 7th March, 2011, at a conversion price of Rs. 448.59 per equity share. Further, the Board has also allotted 1,349,726 (One Million Three Hundred Forty Nine Thousand Seven Hundred Twenty Six only) equity shares pursuant to conversion of 13,900 FCCBs in terms of issue of 4.5% Foreign Currency Convertible Bonds of US$ 1,000 each, due on July 25, 2011, at a conversion price of Rs. 477.00 per equity share.14 Dec · News Verification
News Verification : The media had reports that Videocon Industries Limited may spin off its myriad energy business into a separate 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. Videocon Industries Limited has vide its letter inter-alia stated,"In this connection, we wish to clarify that in line with the recent amendments to the main object clause of Memorandum of Association of the Company; the Company proposes to adopt a structure for pursuing the new activities by creating activity wise verticals. It is proposed to have separate verticals for different lines of activities such as thermal, power, oil & gas, mining of natural resources including coal & renewable energy including solar energy. Further, though a strategic decision has been taken at the group level to compile all the current and proposed business interests of the Videocon group in power, oil and gas, coal, renewable energy in one or more SPVs wholly owned by Videocon Industries limited (VIL), the corporate action if required at VIL level such as demerger etc will be initiated and put through only in compliance with all the regulatory and statutory provisions and requirements."
Nov 2007
22 Nov · Meeting
Notice convening the Postal Ballot. 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.5 Nov · Meeting
The Board of Directors, inter-alia, approved the alteration of the "Main Objects" Clause(s) of Memorandum of Association of the Company by inserting additional clause(s) relating to carrying on the Business of Telecommunications. The Company has also approved the draft of notice seeking approval of the members through Voting by Postal Ballot in terms of the provisions of Section 192A of the Companies Act, 1956 read with the Companies (Passing of the Resolution by Postal ballot) Rules, 2001. Further, in terms of the provisions of Rule 5(b) of the Companies (Passing of the Resolution by Postal ballot) Rules, 2001, Mr. Sheetal Kumar Dak, Practicing Company Secretary has been appointed as Scrutinizer for conducting the Postal Ballot. The Results of the Postal Ballot will be declared by the Board of Directors/Company Secretary/Deputy Company Secretary of the Company on 20th December 2007.
Oct 2007
22 Oct · Board meeting
To inter alia, consider and take on record the Unaudited Financial Results (Provisional) for the Quarter ended September 30, 2007 and for the Financial Year ended on that date.
Sep 2007
13 Sep · Business
A consortium of Videocon Industries Limited (VIL) and Bharat PetrolResources Limited (BPRL) (a wholly owned subsidiary of Bharat Petroleum Corporation Limited) have entered into an agreement with EnCana Corporation and 749793 Alberta Limited of Canada to purchase 100% share capital of Encana Brasil Petroleo Limitada (EBPL), a company incorporated in Brasil, for consideration of approximately US$ 165 million. The effective date of the transaction is agreed to be January 1, 2007. The closure is subject to normal closing conditions, regulatory approvals, and pre-emptive rights associated with certain underlying assets. The sale is expected to close in the first quarter of 2008. EBPL's assets are ten deep water offshore exploration blocks in four concessions in Brasil. VIL and BPRL are equal partners in the consortium
Aug 2007
14 Aug · Miscellaneous
Videocon Industries Limited had informed the Exchange that the Consortium comprising of Videocon was allotted Production Sharing Contract (PSC) 06-103 in the Joint Petroleum Development Area (JPDA) located in the Timor Sea between Australia and Timor- Leste. The Company has now given an update on the status of the Block. The detail of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements) For more details click here.13 Aug · Results
Board of Director of Company has taken on record the postal ballot scrutiny report at its meeting held on August 11, 2007 & the Company Secretary has announced the results ,by declaring all the resolution as passed. A copy of the result of 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.
Jul 2007
25 Jul · Miscellaneous
Consortium comprising of Videocon, Oilex Australia, GAIL, HPCL and BPCL has been allotted Block No. 56 in Oman for exploration and production. 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.23 Jul · Board meeting
To inter-alia consider and take on record the Un-audited Financial Results (Provisional) for the Quarter ended on June 30, 2007 and for the Nine Months ended on the same date.16 Jul · Meeting
Notice convening Postal Ballot for passing the resolutions as Special Resolutions. A copy of the notice of 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.
Jun 2007
25 Jun · Meeting
The Board of Directors, inter-alia, approved the followings on this date (June 23, 2007): 1) To shift the Registered Office of the Company from Auto Cars Compound, Adalat Road, Aurangabad - 431005 to 14 K.M. Stone, Aurangabad Paithan Road, Village Chittegaon, Tal. Paithan, Aurangabad - 431105, subject to approval of the shareholders of the Company. 2) To alter the "Main Objects" Clause of Memorandum of Association of the Company by inserting additional clause (s) relating to: a) carrying on business of generation and supply of Power; and b) carrying on business of minerals and fuels and source of minerals and fuel, including mining block or mining rights for mining of minerals, including coal or other substance. The Board has also approved the draft of notice seeking approval of the members through Voting by Postal Ballot in terms of the provisions of Section 192A of the Companies Act, 1956 read with The Companies (Passing of the Resolution by Postal Ballot) Rules, 2001. Further, In terms of the provisions of Rule 5(b) of The Companies (Passing of the Resolution by Postal Ballot) Rules, 2001, Mr. Sheetal Kumar Dak, Practicing Company Secretary has been appointed as Scrutinizer for conducting the Postal Ballot. The Result of the Postal Ballot will be declared by the Board of Directors or the Company Secretary of the Company on 11th August 200725 Jun · Conversion of FCCBs
The Board of Directors of the Company has allotted 49,204 (Forty Nine Thousand Two Hundred Four) equity shares pursuant to conversion of 500 (Five Hundred) 5% Foreign Currency Convertible Bonds of US$ 1,000 each, due on 7th March, 2011, at a conversion price of Rs. 448.59 per equity share. Further, the Board has also allotted 9,044 (Nine Thousand Forty Four) equity shares pursuant to conversion of 99 (Ninety Nine) 4.5% Foreign Currency Convertible Bonds of US$ 1,000 each, due on July 25, 2011, at a conversion price of Rs. 507.00 per equity share
May 2007
30 May · Conversion of FCCBs
Board of Directors of the Company has alloted 49,204 (Forty Nine Thousand two Hundred Four) equity shares pursuant to conversion of 500 (Five Hundred) 5% Foreign Currency Convertible Bonds of US$ 1,000 each, due on March 7, 2011, at a conversion price of Rs. 448.59 per equity shares.
Apr 2007
19 Apr · Board meeting
To inter alia, consider and take on record the Un-audited Financial Results for the Quarter ended on March 31, 2007 and for the Half Year ended on that date.17 Apr · News Verification
News Verification : The media had reports on April 14, 2007 that Videocon Industries Limited may set up a semiconductor design-cum-fabrication complex near Kolkata with an "initial investment" of Rs 1,000 crore. 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. Videocon Industries Limited has vide its letter inter-alia stated,"As a part of overall growth strategy of the Company, we continue to discuss various opportunities and proposals with different entities and agencies. The Group has sizeable presence in the State of West Bengal through one of the group companies, and as such, we keep on evaluating the prospects for further growth in the State. Although there are plans to go in for the projects as mentioned in the article, extent of the exact participation of Videocon Industries Limited in the said projects is not yet finalized."16 Apr · News Verification
News Verification : The media had reports on April 14, 2007 that Videocon Industries Limited may set up a semiconductor design-cum-fabrication complex near Kolkata with an "initial investment" of Rs 1,000 crore. 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. Reply is awaited from Videocon Industries Limited.
Mar 2007
12 Mar · Meeting
The 18th Annual General Meeting of the members of the Company will be held on Friday, March 30, 2007, at the Registered Office of the Company at Auto Cars Compound, Aadlat Road, Aurangabad - 431 005, Maharashtra at 9:30 A.M. to transact the business as mentioned in the notice convening the Annual General Meeting, Copies whereof have been duly dispatched to the shareholders and all other persons who are entitled to receive the same. We further wish to inform you that the proposed Dividend of Rs.3.50 (Rupees Three and Paise Fifty Only) per Equity Share, if declared, by the shareholders at the Annual General Meeting, will be paid on or around April 10, 2007, to the shareholders whose names appeared on the Company's Register of Members on Friday, March 16, 2007 (Book closure from March 17, 2007 to March 30, 2007)
Feb 2007
1 Feb · Allotment of shares/ others
The following business were transacted at the meeting of the Board of directors of the Company held on 31st January 2007: (1) The Board has approved forfeiture of equity shares in respect of which there are calls in arrears, subject to compliance of all the regulatory formalities & requisite approvals. (2) The Company has allotted 416 equity shares of Rs. 10/- to the equity shareholders of erstwhile EKL Appliances Limited, pursuant to Scheme of Amalgamation of EKL Appliances Limited with Videocon Industries Limited
Jan 2007
31 Jan · Meeting
Amongst other business, the following business were transacted at the meeting of the Board of Directors of the Company held on January 31,2007: 1) The register of Members and Share Transfer Books of the Company shall remain close from March 17,2007 to March 30,2007 (both days inclusive) for the purpose of Annual General Meeting and dividend, if any. 2) The Annual General Meeting of the Members of the Company will be held on March 30,2007 to transact the business as mentioned in the Notice convening Annual General Meeting.31 Jan · Dividend
Board at its meeting held on January 31,2007 has recommended dividend of Rs. 3.50 (Rupee Three and Paise Fifty Only) per share for the consideration and declaration by the members at the ensuing Annual General Meeting.23 Jan · Board meeting
To transact the following business: 1) To consider and take on record the Un-audited Financial Results for the Quarter ended on December 31,2006. 2) To receive, consider and take on record the Audited Financial Statements (Balance Sheet, Profit & Loss Account & Cash Flow Statements) for the Financial Year ended on September 30,2006. 3) To recommend Dividend, if any. 4) To fix the date(s) of Book Closure for the purpose of Annual General Meeting and dividend, if any. 5) To fix the day, date, time and venue of 18th Annual General Meeting and approve the draft Notice of Annual General Meeting. 6) To receive, consider and take on record the Directors' Report for the Financial Year ended on September 30,2006, together with Corporate Governance Report.