The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Jayant Davar
This is to inform you that Mr. Puru Aggarwal - Whole Time Director and Chief Financial Officer of the Company, has tendered his resignation dated February 23, 2021 and he will be relieved from the duties effective February 26, 2021. Request to take the above intimation on record.
This is to inform you that Mr. Puru Aggarwal - Whole Time Director and Chief Financial Officer of the Company, has tendered his resignation dated February 23, 2021 and he will be relieved from the duties effective February 26, 2021. Request to take the above intimation on record.
We are pleased to inform that pursuant to our letters dated 16-10-2020 and 09-11-2020 intimating about the signing of a Supplementary Agreement dated 15-10-2020 to the Joint Venture (JV) Agreement dated 04-09-2017, and allotment of 50,00,000 Equity shares of face value of Rs.10/- each by Sandhar Amkin Industries Private Limited (SAIPL) to Sandhar Technologies Limited(STL). SAIPL is a JV Company (50:50) established pursuant to JV Agreement dated 04-09-2017, between STL and Amkin Group Private Limited (AGPL). We are pleased to further inform that STL has infused additional Rs. 2,00,00,000/- (Rupees Two Crore only) in SAIPL and has been allotted 20,00,000 Equity shares of face value of Rs.10/- each on 17-02-2021 by SAIPL. Further, the Shareholding of STL in SAIPL stands increased from 50% to 64.81%. Kindly note that Amkin Group Private Limited, the JV partner is entitled to infuse required funds to retain 50:50 JV, as per the above-mentioned Supplementary Agreement.
Dolat Capital Market is bullish on Sandhar Technologies has recommended buy rating on the stock with a target price of Rs 396 in its research report dated February 17, 2021.
Sandhar Technologies Ltd has informed BSE that the Company has fixed February 25, 2021 as the Record Date for the purpose of Payment of Interim Dividend.
Please find attached herewith the copy of Un-Audited Standalone & Consolidated Financial Results for the quarter ended on the 31st December, 2020 as published in requisite newspaper as per the requirement of Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Kindly take the same on record
Pursuant to Regulation 30 of Securities and Exchange Board of lndia (Listing Obligation and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the copy of Investor Presentation in connection with Un-Audited Standalone & Consolidated Financial Results for the quarter ended on the 31st December, 2020. Kindly take the above on your record.
The Board of Directors has declared an interim dividend of Rs. 1.25/- (12.5%) per equity share of face value of 10/- each for the financial year 2020-2021. Accordingly, the Board has fixed 25th February, 2021 as record date for determining entitlement of members for the purpose of payment of interim dividend.
