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Sitemap | Press Release27 October 2008
Vinati Organics - Outcome of Board Meeting
Vinati Organics Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 27, 2008, inter alia, has postponed granting of Employee Stock Options.
27 October 2008
Vinati Organics - Unaudited Financial Results for Sep 30, 2008
Vinati Organics Ltd has informed BSE about the unaudited financial results for the Quarter ended Sep 30, 2008.
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Press Release June ¿ 2007 [29-APR-08] Vinati organics Limited has reported the results for the year ended 31st March 2007, showing a Turnover of Rs. 9046.22 Lacs and Net Profit of Rs. 351.39 Lacs, an increase of 39% and 80% respectively compared to the corresponding previous year ended 31st March 2006. The board recommended payment of Dividend of 12% per share. EPS for the year ended 31st March 2007 is Rs. 5.34 as compared to Rs. 2.97 for the previous year ended 31st March 2006. In order to cater higher exports demand, the company has undertaken expansion of IBB (Isobutyl Benzene) plant to increase the capacity to 12000 TPA from 10000 TPA and the Company is also planning to increase existing capacity of ATBS (2-Acrylamido 2-methylpropanesulfonic Acid) from 2500 TPA to 8000 TPA. | |
FY 07 results by May 31, 2007 (4/16/2007) [29-APR-08] Vinati Organics Ltd has informed BSE that a Board Meeting of the Company will be held in the month of May 2007 to take on record the Audited Financial Results for the Quarter ended March 31, 2007 and Audited yearly Results. | |
17 October 2008 [29-APR-08] Vinati Organics - Board Meeting on Oct 27, 2008 Vinati Organics Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 27, 2008, inter alia, to take on record the Unaudited Financial Results for the Quarter ended September 30, 2008 and to grant of Employee Stock Options. | |
29 September 2008 [29-APR-08] Vinati Organics - Outcome of AGM Vinati Organics Ltd has informed BSE that the Annual General Meeting (AGM) of the Company was held on September 27, 2008. | |
Board to recommend dividend (5/16/2007) [29-APR-08] Vinati Organics Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 31, 2007, to consider and recommend the payment of dividend if any, and consider and discuss the Final Accounts for the year ended March 31, 2007 and to take on record the Audited Financial Results for the quarter ended March 31, 2007 and Audited yearly results. | |
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E-mail IDs for Investors Complaints [04-AUG-08] Vinati Organics - E-mail ID for Investors Complaints. Vinati Organics Ltd has informed BSE that the given below are the details of the Email ID designated exclusively for grievance redressal division / compliance officer: | |
05 August 2008 [04-AUG-08] Vinati Organics - Updates Vinati Organics Ltd has informed BSE that w.e.f. July 28, 2008 the Company's Lote Unit has been recognized as 100% EOU. | |
02 June 2008 [20-NOV-08] Vinati Organics - Results Press Release Vinati Organics Ltd has informed BSE regarding a Press Release regarding Yearly results. 02 June 2008Vinati Organics Board recommends dividendVinati Organics Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 31, 2008, inter alia, has recommended a dividend @ Rs 2/- per equity share of Rs 10/- each for the year 2007-2008. | |
14 May 2008 [20-NOV-08] Vinati Organics Board to consider Dividend Vinati Organics Ltd has informed BSE that a Meeting of the Board of Directors of the Company will be held on May 31, 2008, inter alia, to consider and recommend the payment of dividend if any, and consider and discuss the Final Accounts for the year ended March 31, 2008 and to take on record the Audited Financial Results for the Quarter ended March 31, 2008 and Audited yearly results. | |
Fixes Book Closure For Dividend & AGM (6/4/2007) [20-NOV-08] Vinati Organics Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from September 20, 2007 to September 29, 2007 (both days inclusive) for the purpose of payment of dividend & Annual General Meeting (AGM) of the Company to be held on September 29, 2007. | |
Board recommends dividend (5/31/2007) [20-NOV-08] Vinati Organics Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 31, 2007, inter alia, has recommended the payment of dividend of 12% i.e. Rs 1.20 per equity shares for the financial year 2006-2007. Further the Company has informed that, to oater higher exports demand, the Company has undertaken expansion of IBB (isobutyl Benzene) plant to increase the capacity to 12000 TPA from 10000 TPA and the Company is also planning to increase existing capacity of ATBS (2-Acrylamido 2 Methyl propane Sulfonic Acid) from 2500 TPA to 8000 TPA. | |
03 June 2008 [20-NOV-08] Board Meeting on Jul 25, 2008 Vinati Organics Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on July 25, 2008, to take on record the Unaudited Financial Results for the Quarter ended June 30, 2008 and to consider Employee Stock Option Scheme (ESOP). | |
25 July 2008 [20-NOV-08] Outcome of Board Meeting Vinati Organics Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 25, 2008, inter alia, has observed that in the last four months the manufacturing cost of IBB has gone up by more than 25%, on account of increased price of Toluene, Propylene, Potassium Carbonate and energy. Hence, the Board has recommended to increase the spot price of IBB by Rs 25/- per kg w.e.f. August 01, 2008. 25 July 2008Vinati Organics Ltd has informed BSE that the Board of Directors considered and recommended issuing 200000 (2.03%) Equity Shares for Employee Stock Options for approval of shareholders. The Company expects to complete the ATBS expansion by end September 2008. | |
January, 25 2008 [20-NOV-08] Vinati Organics - Updates Vinati Organics Ltd has informed BSE about the following:The Company has tied up USD 6.00 Million FCNR (B) Loan for ATBS expansion. This expansion will cater to higher export demand. The expansion is on track. The Company has received permission to convert DTA (Domestic Tariff Area) unit at Lote-Parashuram to 100% EOU (Export Oriented Unit) and is in the process of Completing the formalities to start EOU shortly. The Company has started manufacturing products from effluents at its Lote Plant, thus resulting in minimal discharge and value addition. The Company has signed long term agreements for supply of the Company's flagship product, Iso-Butyl Benzene (IBB) and tor supply of its second main product 2-acrylamido 2-methyl propane Sulfonic Acid (ATBS), The details are as under: Customer: BASF Corporation USA• Product: IBB • Total Sales Value (approx): Rs 240.00 Crores • Contract Period: 5 Years Customer: Customers in China• Product: IBB • Total Sales Value (approx): Rs 22.50 Crores • Contract Period: 1 Year Customer: Multinational Company – France• Product: ATBS • Total Sales Value (approx): Rs 60.00 Crores • Contract Period: 3 Years Customer: Multinational Company Europe• Product: ATBS • Total Sales Value (approx): Rs 6.00 Crores • Contract Period: 1 Year. For contracted customers the price varies periodically based on raw materials costs, hence margins are assured. In some cases exchange rate risk is also shared. | |
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