Eon Electric Ltd. News, Corporate filings and Earnings/Conference Calls

Keep track of all breaking news and updates on Eon Electric Ltd. from all sources in a single place.

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26 Apr 2012

Corp. Action

Fixes Record Date for Demerger & Reduction of Capital

BSE India

Eon Electric Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 25, 2012 has perused the Order of Hon'ble Punjab & Haryana High Court dated March 27, 2012 and fixed May 09, 2012 as Record Date for the following purposes:1. Demerger of Metering Division and Proposed Power Generation Business of the Demerged Company "Eon Electric Ltd" (EON) into the Resulting Company "Advance Metering Technology Ltd" (AMTL).2. Reduction of Capital.

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Eon Electric Ltd.

16 Apr 2012

Company Update

Eon Electric Ltd Projects 400% Growth In Revenue, Expands Capacity and Forays into High Technology LED …

BSE India

Eon Electric Ltd has informed BSE regarding a Press Release dated April 16, 2012 titled "Eon Electric Ltd Projects 400% Growth In Revenue, Expands Capacity and Forays into High Technology LED Lighting and Energy Efficiency Products".Press Release:"Electrical equipment major Eon Electric Limited (formerly Indo Asian Fusegear Ltd.), after strategic sale of its Switchgear Business in 2010 has restructured itself with expanded product...

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Eon Electric Ltd.

29 Mar 2012

Company Update

Sanction of Scheme of Arrangement

BSE India

Eon Electric Ltd has informed BSE that the Hon'ble Punjab & Haryana High Court at Chandigarh has on March 27, 2012, approved the Scheme of Arrangement ("Scheme") pursuant to Section 391-394 of the Companies Act, 1956 between Eon Electric Limited (Demerged Company) and Advance Metering Technology Limited (Resulting Company) and their respective Shareholders & Creditors with effect from the Appointed Date i.e. April 01, 2011....

Eon Electric Ltd.

14 Feb 2012

Result

Financial Results & Limited Review for Dec 31, 2011

BSE India

Eon Electric Ltd has informed BSE about the Financial Results & a copy of the Limited Review Report for the period ended December 31, 2011.

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Eon Electric Ltd.

07 Feb 2012

AGM

Outcome of Court Convened Meeting of Equity Shareholders & Unsecured Creditors

BSE India

With reference to Court convened meeting of Equity Shareholders & Unsecured Creditors of the Company held on January 28, 2012 at 51 Kms., G. T. Karnal Road, Murthal Sonepat, Haryana as per direction of Hon'ble Punjab & Haryana High Court at Chandigarh vide its Order dated November 17, 2011, Eon Electric Ltd has now informed BSE that Equity Shareholders and Unsecured Creditors of the Company have approved the Scheme of Arrangement for Demerger of...

Eon Electric Ltd.

09 Jan 2012

AGM

Equity Shareholders & Unsecured Creditors to approve Scheme of Arrangement

BSE India

Eon Electric Ltd has informed BSE that Hon'ble Punjab & Haryana High Court at Chandigarh vide its Order dated November 17, 2011, has directed that a meeting of Equity Shareholders and Unsecured Creditors of the Demerged Company "Eon Electric Limited" to be held on January 28, 2012 at 51 Kms., G. T. Karnal Road, Murthal, Sonepat, Haryana - 131027 for the purpose of considering, if thought fit, approving, with or without modification, the proposed...

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Eon Electric Ltd.

09 Dec 2011

AGM

Result of Postal Ballot

BSE India

Eon Electric Ltd has informed BSE regarding "Results of Postal Ballot conducted for amendment of Object Clause of Memorandum of Association of the Company"The Special Resolution as mentioned in the Notice of Postal Ballot dated November 07, 2011 has been passed with requisite majority. In this regard, the Company has issued a copy of Scrutinizer Report. (For more details kindly refer Corporate Announcements on www.bseindia.com).

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Eon Electric Ltd.

11 Nov 2011

Board Meeting

Updates on Outcome of Board Meeting

BSE India

Eon Electric Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 07, 2011, inter- alia, also approved the amendment to the Main Objects as stated in its Memorandum of Association by inserting new Sub clauses 7 & 8 after the existing Sub clause 6 in Clause III A of the Main Objects of the Memorandum of Association of the Company....

Eon Electric Ltd.

08 Nov 2011

AGM

Notice of Postal Ballot

BSE India

Eon Electric Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 07, 2011, inter-alia, have approved the amendment to the Main Objects as stated in its Memorandum of Association by inserting new Sub clauses 7 & 8 after the existing Sub clause 6 in Clause 111 A of the Main Objects of the Memorandum of Association of the Company....

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Eon Electric Ltd.

07 Nov 2011

Board Meeting

Outcome of Board Meeting

BSE India

Eon Electric Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 07, 2011, inter alia, discussed the Report of Special Committee of Directors, appointed at the last meeting of Board of Directors on November 02, 2011, to advise a comprehensive plan for re-structuring of the Company.Based on the report of the Special Committee of Directors , the Board of Directors have accepted the recommendations...

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Is Eon Electric Ltd. worth buying?

19 Votes:

Buy 63.16%

Sell 31.58%

Hold 5.26%