It is more a revenue growth story from here on We had a meeting with Bata India (BIL) CEO Mr. Sandeep Kataria and CFO Mr. RK Gupta recently to understand various initiatives to drive revenue growth and margins in the medium term. After having increased EBITDA margin from 11.3% in FY17 to a likely 18% level in FY20E, we think the heavy lifting from here on to drive earnings growth will have to be done by sustained revenue expansion. We expect a modest pick-up in volume growth (likely up from 2%-3% level to 3%-4% level) as we believe rationalisation of low ASP SKUs is largely done. The volume pick-up will come from (1) Increased brand spends (from 0.7% of sales in CY13 to ~3% in FY20), leading to...
In compliance with Regulation 39(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Company has received request for issue of Duplicate Share Certificate from a Shareholder against the loss of original Share Certificate, as detailed in the enclosed letter.
In compliance with Regulation 39(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Company has received request for issue of Duplicate Share Certificate from a Shareholder against the loss of original Share Certificate, as detailed in letter.
In compliance with Regulation 39(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Company has received request for issue of Duplicate Share Certificate from the a Shareholder against the loss of original Share Certificate, as detailed in the letter.
Bata has a robust distribution network having ~1420 stores, including ~150 franchisee stores. The company has charted out aggressive store expansion plans mainly in Tier II/Tier III cities. In a bid to enhance the market share in smaller towns, the management intends to open ~ 500 franchisee stores in the next five years. Asset light expansion model is expected to further...
In continuation to our earlier communication dated July 8, 2019, we wish to inform you that the 86th Annual General Meeting (AGM) of the Members of Bata India Limited ('the Company') was held at 'Kalamandir', 48, Shakespeare Sarani, Kolkata - 700017 on Friday, August 2, 2019 at 10:00 a.m. In this regard, please find enclosed Voting Results in the prescribed format on the Resolutions passed at the 86th AGM, as declared by the Chairman in compliance with the Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
In continuation to our earlier communication dated July 8, 2019, we wish to inform you that the 86th Annual General Meeting (AGM) of the Members of Bata India Limited ('the Company') was held at 'Kalamandir', 48, Shakespeare Sarani, Kolkata - 700017 on Friday, August 2, 2019 at 10:00 a.m. In this regard, please find enclosed the Consolidated Scrutinizer's Report along with voting results on the Resolutions passed at the 86th AGM in compliance with the provisions of Section 108 of the Companies Act, 2013 and Rule 20 of the Companies (Management and Administration) Rules, 2014 (as amended).
In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing a summary of the proceedings of the 86th Annual General Meeting of Bata India Limited held at 'Kalamandir', 48, Shakespeare Sarani, Kolkata - 700017 on Friday, August 2, 2019 at 10:00 a.m.
BATA INDIA LTD. - 500043 - Disclosure of Voting results of AGM (Regulation 44(3) of SEBI (LODR) Regulations, 2015)
BSE India
Bata India Ltd has informed BSE regarding the details of Voting results of AGM, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. Kindly Click here
