Vikash Metal & Power (Delisted) share news and announcements
BSE: 532677
Last traded ₹0.55 on 17 Sep 2013
Delisted on 23 Aug 2017.
Vikash Metal & Power share news and announcements
218 announcements, routine notices left out, newest first. Page 5 of 5.
Nov 2007
5 Nov · Business
Vide its letter dated November 03, 2007 regarding the resolution passed in the meeting held on November 03, 2007. 1) The chairman referred to the resolution passed by the Board at the meeting held on October 15, 2007 wherein the Board was authorize to look for opportunities to acquire/enter into Joint Venture/alliance with any other entity engaged in same line of business so that the Company can reap more profits. The Managing Directors placed before the meeting various proposals received by him in this regard and required the others directors to evaluate/consider the same in so far in viability of the same is concerned. After discussion the following resolution were passed : "Resolved That the various proposals received by the Managing Director be evaluated by other director in so far as the viability of the same is concerned to enable the Board to consider and finalize the same." Further Resolved that the Managing Director be and is hereby authorized to finalize and deal with the same after obtaining the views of the other directors of the company and to appoint Consultants/legal advisors/Auditors and any other persons required for assessing the technical, financial and other viability of the same. The Managing Director of the Company be is hereby even authorize to execute an sign any documents /agreements as may be required for the same.
Oct 2007
22 Oct · Meeting
Minutes of the Annual General Meeting of the Shareholders of the Company held on September 28, 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.9 Oct · Board meeting
To consider and to take on record the unaudited financial results for the quarter/half year ended on September 30, 2007.1 Oct · Commencement of commercial operation
Commercial production of "Hot Rolling Mill" having 1,50,000 MTPA is started in the month of September
Sep 2007
28 Sep · Meeting
Vide its letter dated September 28, 2007 that the Annual General Meeting of the members of the Company held today have passed the following businesses :- 1) Declare Dividend @ 5% i.e. Re 0.50 per Equity Share. 2) Re-appoint Mr. V. K. Patni as Director of the Company. 3) Re-appoint Mr. Vijay Kr. Jain as Director of the Company. 4) Re-appoint M/s S. Jaykishan, Chartered Accountants, as auditors of the company to hold office until the conclusion of the next Annual General Meeting & Authorize the Board of Directors to fix their remuneration.26 Sep · Miscellaneous
Vikash Metal & Power Limited had submitted to the Exchange a copy of the notice of the AGM of the Company to be held on September 28, 2007. The Company has now informed the Exchange that due to some mistake it has been printed 10th Annual General Meeting in the notice but it should have been 11th.25 Sep · Miscellaneous
Waste Heat Recovery based Captive Power Plant of Vikash Metal & Power Limited, has been registered under CMD Project with UNFCCC. The Captive Power Plant is based on Waste Heat Recovery module whereby flue gas released by the Sponge Iron kilns is used to generate steam in the boiler thereby replacing fossil fuel for generating power. It will involve reduction of 55,000 Metric Tonnes of CO(2) equivalent per annum, which will lead to a substantial revenue inflow by selling C E R credits (Certified emission reduction), which will accrue to the Company for a period of 10 years
Aug 2007
30 Aug · Meeting
Notice of the Annual General Meeting of the Shareholders of the company which will be held on September 28, 2007. 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.30 Aug · Meeting
Annual General Meeting of the Company will be held on September 28, 2007. The Register of Members and Share Transfer Books of the Company will remain closed from September 21, 2007 to September 28, 2007 (both days inclusive) for the purpose of AGM and payment of Dividend. The dividend if declared shall be paid on or after September 28, 2007.
Jul 2007
17 Jul · Board meeting
Meeting on 24 Jul 2007: “Unaudited financial results for quarter ended June 30, 2007”
Jun 2007
25 Jun · Utilisation of Funds
As stated in the offer document, the company has deployed entire IPO proceeds for expansion of the project.25 Jun · Miscellaneous
(1) The Company has successfully started the commercial production of additional 65000 MTPA Sponge Iron Plant and 85500 MTPA MS Billet Plant. (2) The Company has undertaken the expansion program or setting up the following plants:- (a) Pelletization Plant :- 487500 MTPA (b) MS Billet Plant 28500 MTPA (c) Brequetting Plant :- 60000 MTPA (3) The Company has undertaken trial run of its 1,50,000 MTPA Hot Rolling Mill. (4) The 10 MW Waste Heat recovery Captive Power Plant is ready for Trial Run. (5) The 9MVA electric are furnace Ferroalloy plant is in its final stage of implementation and is expected to commence production with Captive Power Plant. (6) The Company has inked a MOU with Bihar State Electricity Board for execution of 2X250MW Thermal Power Project in Begusarai, Bihar. The company has been allotted 300 acres of land by B.I.A.D.A for the said project".25 Jun · Dividend
Board of Directors of the Company at its meeting held on June 25, 2007 interalia has considered and recommended a dividend of 5% i.e. Rs 0.50 per equity share of Rs. 10/- each for the Financial year 2006-07, subject to the approval of shareholders at the ensuing Annual General Meeting.18 Jun · Memorandum of Understanding
The Company has inked an MOU with the Bihar State Electricity Board (BSEB) for execution of 2X250MW thermal project in Begusarai On 16th June, 2007, The project will be requiring an investment of Rs.2500 crore which will be funded through a mix of debt and equity and is likely to be commissioned by 2011.The Company has approached the Union coal Ministry for coal blocks. The State electricity Board with the assistance of the State Government will help the Company in coal block allotment. The proposal has already received approval from State Investment Promotion Board. The approval from the State Pollution Board will be received in couple of days. The company has been allotted 300 acres of land by the Bihar Industrial Area Development Authority at Bagusarai. The Company even has future expansion plans for setting 2000MW power plant in phases14 Jun · Board meeting
To consider and to take on record the audited financial results for the year ended March 31, 2007 and to consider the payment of dividend for the said period.
May 2007
14 May · E-mail ID for Investor Complaints
The E-Mail Id of the Grievance redressal division exclusively for the purpose of registering complaints by the investors is - [email protected]
Apr 2007
20 Apr · Results
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.
Jan 2007
18 Jan · Board meeting
To consider and take on record the unaudited financial results for the quarter ended on December 31, 2006.