Acknit Industries Ltd. Corporate Filings & Announcements

Latest corporate announcements and filings from Acknit Industries Ltd. on BSE

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Acknit Industries Ltd.

24 May 2022

Company Update

ACKNIT INDUSTRIES LTD. - 530043 - Compliances-Reg.24(A)-Annual Secretarial Compliance

BSE India

In terms of Regulation 24(A) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith the Secretarial Compliance Report duly issued by M/s Rekha Goenka & Associates, Practicing Company Secretaries, for the financial year ended 31st March, 2022.

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Acknit Industries Ltd.

20 May 2022

Board Meeting

ACKNIT INDUSTRIES LTD. - 530043 - Board Meeting Intimation for Consideration And Approval Of Audited Financial …

BSE India

ACKNIT INDUSTRIES LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/05/2022 ,inter alia, to consider and approve 1. Audited Financial Results of the Company for the quarter and year ended 31st March, 2022; 2. Recommend dividend, if any, on the equity shares of the Company for the Financial Year ended 31st March, 2022.

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Acknit Industries Ltd.

28 Apr 2022, 07:32PM

Corp. Note

ACKNIT INDUSTRIES LTD. - 530043 - Format of the Initial Disclosure to be made by an …

BSE India

Format of Initial Disclosure to be made by an entity identified as a Large Corporate. Sr. No. Particulars Details 1Name of CompayACKNIT INDUSTRIES LTD. 2CINL01113WB1990PLC050020 3 Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr) 3.53 4Highest Credit Rating during the previous FY BBB 4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)ICRA LIMITED 5Name of Stock Exchange# in which the fine shall be paid, in case of shortfall in the required borrowing under the frameworkBSE We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. No Name of the Company Secretary: Bandana Saha Designation: Company Secretary and Compliance Officer EmailId: cs@acknitindia.com Name of the Chief Financial Officer: Bishnu Kumar Kesan Designation: Chief Financial Officer EmailId: bkkesan@acknitindia.com Date: 28/04/2022 Note: In terms para of 3.2(ii) of the circular, beginning F.Y 2022, in the event of shortfall in the mandatory borrowing through debt securities, a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore, an entity identified as LC shall provide, in its initial disclosure for a financial year, the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.

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Acknit Industries Ltd.

19 Apr 2022

Company Update

ACKNIT INDUSTRIES LTD. - 530043 - Clarification On Price Movement

BSE India

We refer to your letter no. L/SURV/ONL/PV/NP/ 2022-2023 / 2286 dated 18th April, 2022 received through email, with regard to the significant movement in the share price of the Company at your exchange in the recent past. In this connection, we hereby wish to inform you that the Company is not aware of any information that has not been announced to the exchange that could explain the aforesaid movement in share price. Further, we wish to inform you that we have made disclosures of all the information / announcement within the timeline and currently there is no event or information / announcement (including impending announcement) that need to be reported by the Company which, in our opinion, may have a bearing on the share price of the Company. The significant change in the share price of the Company on the exchange in the recent past is purely due to the market conditions and absolutely market driven. This is for the information of the exchange and the members.

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Acknit Industries Ltd.

19 Apr 2022

Company Update

BSE India

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that ICRA has upgraded the long-term rating in respect of the Company's banking facilities to [ICRA] BBB (pronounced ICRA triple B) from [ICRA] BBB- (pronounced ICRA triple B minus) and short-term rating to [ICRA] A3+ (pronounced ICRA A three plus) from [ICRA] A3 (pronounced ICRA A three). The outlook on the long-term rating is stable. Enclosed herewith the Rating Rationale issued by ICRA.

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Is Acknit Industries Ltd. worth buying?

16 Votes:

Buy 68.75%

Sell 25.0%

Hold 6.25%