Corporate Announcements Shareholders Information Mission Statement Quality Policy Corporate Governance
Announcement Date
Announcements
22.04.2014 A Meeting of the Board of Directors of the Company will be held on Monday, the 5th May, 2014 to approve the Audited Annual Accounts for the year ended 31st March, 2014, for the quarter ended on that date and recommendation of Dividend on Equity Shares for the financial year ended 31st March, 2014.
29.01.2014 Reference letters dated 14th November, 2013 and 16th December, 2013 to Stock Exchanges wherein it was informed that Continuous Polymerisation Unit - Polyester (CPU- Polyester) at Bharuch Site was stopped on 12th November, 2013 for preventive maintenance after a gap of four years. Consequently, Continuous Polyester Spinning Lines were also stopped. During the course of preventive maintenance, the Company has also taken up modification of Polyester Spinning Lines to improve flexibility in manufacturing process. The Company has decided to carry out some more modification work on Polyester Spinning Lines. As a result, shut down of CPU and Continuous Polyester Spinning Lines will remain for some more time of about 3-4 months. The stoppage of CPU and Continuous Polyester Spinning Lines does not have any adverse impact on overall profitability of the Company due to severely squeezed margins in polyester yarns.
23.01.2014 The Company has received an order from Commissioner of Central Excise, Raigad for Central Excise duty demand of Rs.229.27 Crores and an equal amount of penalty and interest at appropriate rate on demand amount of Central Excise. The demand was raised pursuant to the show cause notices issued by the Central Excise Department during the years 2001 to 2004. The alleged demand relates to bifurcation in the year 2000 of two units of the company at Mahad Site. The Department of Central Excise, prior to issue of show cause notices approved bifurcation of two units and issued separate licences for each unit. The Department later on cancelled the licences which was challenged by the company. The issue of two licences was decided by Commissioner of Central Excise (Appeal) as well as Central Excise and Service Tax Appellate Tribunal (CESTAT) in favour of the company. The Department of Central Excise went into appeal against the order of CESTAT before Hon'ble Bombay High Court which was dismissed for delay in filing the appeal. As the issue of bifurcation of two units has been settled in favour of the company, the question of demand of excise duty on the company does not arise. However, Excise Department has ignored the existence of two units which entitled the company to a specific rate of excise duty on sales and raised the alleged demand of excise duty (a) on an abnormally exaggerated notional sales value; (b) inflated sales quantity; and (c) without legitimate deduction of expenses and CENVAT Credit.
The Company has been advised by legal experts, that it has strong case and will challenge the alleged demand of the Excise Department in the appropriate forum.
10.01.2014 A Meeting of the Board of Directors of the Company will be held on Wednesday, the 29th January, 2014 to approve the Unaudited Financial Results for the quarter ended 31st December, 2013.
16.12.2013 We refer our letter dated 14th November, 2013 wherein we have mentioned about shutdown of Continuous Polymerisation Unit (CPU) - Polyester at Bharuch site for preventive maintenance. In addition, the Company has also taken up modification of a part of its polymer lines to improve flexibility in the manufacturing process. As a result, CPU - Polyester will continue to remain in non-operative mode for some more time.
14.11.2013 The Company, at an interval of 3 - 4 years, takes a shutdown of its Continuous Polymerisation Unit - Polyester (CPU - Polyester) producing Chips and Polyester POY at Bharuch site for preventive maintenance. The last such shutdown was taken in September 2009.
The Company has now decided to take a shutdown and the process of shutting down of operations have been started with effect from 12th November, 2013 and are expected to be completed in 4 - 5 weeks.
16.10.2013 A Meeting of the Board of Directors of the Company will be held on Thursday, the 31st October, 2013 to approve the Unaudited Financial Results for the quarter ended 30th September, 2013.
11.07.2013 A Meeting of the Board of Directors of the Company will be held on Wednesday, the 24th July, 2013 to approve the Unaudited Financial Results (Provisional) for the quarter ended 30th June, 2013.
14.06.2013

NOTICE OF ANNUAL GENERAL MEETING AND BOOK CLOSURE

NOTICE is hereby given that the 47th Annual General Meeting of the Company will be held on Saturday, the 13th July, 2013 at 12.30 P.M. at Pudumjee Hall, Mahratta Chamber of Commerce, Industries and Agriculture, Tilak Road, Pune-411002 to transact the business as mentioned in the Notice of the 47th Annual General Meeting which has been posted together with Annual Report to the shareholders.
The Register of Members and Share Transfer Books of the Company will remain closed from Tuesday, the 2nd July, 2013 to Tuesday, the 9th July, 2013, both days inclusive on account of Annual General Meeting and Dividend payment.
The Dividend, if declared at the forthcoming Annual General Meeting of the Company, will be paid on or after 17th July, 2013 in respect of shares held in physical form to those Shareholders whose names shall appear on the Register of Members of the Company on 9th July, 2013 and in respect of shares held in dematerialised form, dividend will be paid to the beneficial owners as per details to be furnished by the Depositories for the purpose.
05.06.2013 Security Code : CENTENKA
Type of Security : Equity Shares
BOOK CLOSURE
RECORD DATE
PURPOSE
FROM : Tuesday, 02.07.2013
TO     : Tuesday, 09.07.2013
----- Annual General Meeting & Dividend For the Year Ended 31.03.2013
The Board of Directors has recommended dividend at the rate of 60% (i.e. Rs.6/- per Equity Share of Rs.10/- each) for the year ended 31st March, 2013.
The Annual General Meeting of the Company will be held at Pune (Maharashtra) on Saturday, the 13th July, 2013 at 12.30 P.M.
Dividend, if declared by the shareholders, will be paid on or after 17th July, 2013.
29.04.2013 A Meeting of the Board of Directors of the Company will be held on Wednesday, the 15th May, 2013 to approve the Audited Financial Statements for the year and for the quarter ended 31st March, 2013.
17.10.2012 A Meeting of the Board of Directors of the Company will be held on Wednesday, the 31st October, 2012 to approve the Unaudited Financial Results for the quarter ended 30th September, 2012.
13.08.2012 Reference our Company's letter of 24th May, 2012 to Stock Exchanges wherein it was informed the suspension of operations at Mahad site. The Mahad site has two factories, viz. Konkan Synthetic Fibers and Raigad Processors. It has now been decided to close down the operations of Raigad Processors factory w.e.f. 14.08.2012. The total turnover of this factory in the Financial Year 2011-12 was Rs.85 crores (i.e. about 5% of total turnover of Rs.1650 crores). The total number of employees at present in the factory are 34 nos. (The total number of employees in the Company as on 31.03.2012 are 1587 nos.).
09.07.2012 A Meeting of the Board of Directors of the Company will be held on Wednesday, the 1st August, 2012 to approve the Unaudited Financial Results (Provisional) for the quarter ended 30th June, 2012.
02.07.2012 Please click the link below to know voting results of Annual General Meeting held on 2nd July 2012.

Voting Results-AGM-2nd July 2012.
25.05.2012

Sub : Suspension of operations at Mahad location

The combined effect of crude oil price and depreciation of Indian Rupee have led to high raw material and fuel cost to the Company. In addition to this, the oversupply and cut throat competition in Nylon Filament Yarn has aggravated the situation.
Consequently, out of three factory locations, namely at Bharuch, Pune and Mahad, the operations at Mahad location is incurring cash losses. The Management has therefore, considered it appropriate to suspend operations at Mahad site until situation normalizes.
It may be noted that in the financial year 2011-12, the total turnover of the company was Rs.1650 crores, out of that share from Mahad site was about Rs.123 crores (i.e. 7.45%).
The Management is closely monitoring the situation and will explore all possibilities of utilizing its plant and machinery in the most appropriate form.
15.05.2012 Security Code : ISIN-485A01015
Type of Security : Equity Shares
BOOK CLOSURE/RECORD DATE
PURPOSE
FROM : Tuesday 19.06.2012
TO     : Thursday 28.06.2012
Annual General Meeting & Dividend For the Year Ended 31.03.2012
The Board of Directors has recommended dividend at the rate of Rs.5/- (Rupees five only) (i.e. 50%) per Equity Share of Rs.10/- for the year ended 31st March, 2012.
The Annual General Meeting of the Company will be held at Pune (Maharashtra) on Monday, the 2nd July, 2012 at 12.30 P.M.
Dividend, if declared by the shareholders, will be paid on or after 6th July, 2012.
02.05.2012

Press Release

XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXRs./Lacs
FINANCIAL RESULTS This Year
2011-12
Previous Year 2010-11
Sales / Income from Operations (Less Excise Duty) 164951 134908
Profit before Depreciation, Interest, Exceptional Items and Tax 9950 18352
Add / (Less) :
Depreciation
Finance Cost
Taxation (Net)

(6743)
(3172)
843

(6115)
(1618)
(2683)
Net Profit 878 7936
Add : Balance brought forward from previous year 23401 18616
Profit available for appropriation
Less :Dividend
Tax on Dividend
General Reserve
24279
1093
177
88
26552
1420
231
1500
Balance carried forward to next year 22921 23401
Dividend
The Board has recommended payment of dividend at the rate of Rs. 5.00 (Rupees five only) per Equity Share of Rs.10/- each (i.e. 50%) for the year ended 31st March, 2012. (Previous year Rs.6.50 (Rupees six and paise fifty only) per Equity Share of Rs.10/- each i.e.65%).
Financial Performance
During the year 2011-12, the prices of raw materials, fuel oil and gas touched all time high. The finance cost has gone up substantially due to hardening of interest rate and increase in borrowings for capital expenditure and working capital. The substantial capacity expansion in Polyester POY and new entrants in Nylon Filament Yarn (NFY) led to surplus availability and competition. The combined effect of all these factors resulted into erosion of profit margins.
Expansion :
Installation of NTCF Dipping Plant at Bharuch has been completed in second half of the financial year 2011-12. The products approvals from customers have been received and the Plant is in operation at full capacity.
4 MW Gas Generating Set has been commissioned in fourth quarter of the financial year 2011-12 and it has now become operational.
Outlook
The addition of NTCF capacity of 7500 tons per annum and commissioning of NTCF dipping capacity and with growing Indian economy and large domestic market, the outlook remain positive.
18.04.2012 A Meeting of the Board of Directors of the Company will be held on Wednesday, the 2nd May, 2012 to approve the Audited Financial Results for the year ended 31st March, 2012.
04.01.2012 A Meeting of the Board of Directors of the Company will be held on Tuesday, the 31st January, 2012 to approve the Unaudited Financial Results (Provisional) for the quarter ended 31st December, 2011.
11.10.2011 A Meeting of the Board of Directors of the Company will be held on Monday, the 31st October, 2011 to approve the Unaudited Financial Results (Provisional) for the quarter ended 30th September, 2011.
26.07.2011 A Meeting of the Board of Directors of the Company will be held on Saturday, the 13th August, 2011 to approve the Unaudited Financial Results (Provisional) for the quarter ended 30th June, 2011.
20.05.2011 Security Code : 500280
Type of Security : Equity Shares
BOOK CLOSURE
RECORD DATE
PURPOSE
FROM : Friday, 17.06.2011
TO     : Monday, 27.06.2011
----- Annual General Meeting & Dividend For the Year Ended 31.03.2011
The Board of Directors has recommended dividend at the rate of Rs.6.50/- (Rupees six and paise fifty only)(i.e. 65%) per Equity Share of Rs.10/- each for the year ended 31st March, 2011.
The Annual General Meeting of the Company will be held at Pune (Maharashtra) on Friday, the 1st July, 2011 at 11.30 A.M.
Dividend, if declared by the shareholders, will be paid on or after 5th July, 2011.
18.04.2011 A Meeting of the Board of Directors of the Company will be held on Monday, the 2nd May, 2011 to approve the Audited Financial Results for the year ended 31st March, 2011.
05.01.2011 Registered Office of the company has been changed from the state of West Bengal to the State of Maharashtra with effect from 14th December, 2010 and new address of the Registered Office of the Company is as follows:

Century Enka Limited
2nd Floor, Century Arcade
Narangi Baug Road
Pune - 411 001. (Maharashtra).
04.01.2011 A Meeting of the Board of Directors of the Company will be held on Tuesday, the 25th January, 2011 to approve the Unaudited Financial Results (Provisional) for the quarter ended 31st December, 2010.
12.10.2010 A Meeting of the Board of Directors of the Company will be held on Monday, the 1st November, 2010 to approve the Unaudited Financial Results (Provisional) for the quarter ended 30th September, 2010.
13.07.2010 A Meeting of the Board of Directors of the Company will be held on Monday, the 26th July, 2010 to approve the Unaudited Financial Results (Provisional) for the quarter ended 30th June, 2010.
14.05.2010
BOOK CLOSURE
RECORD DATE
PURPOSE
FROM : Friday, 18.06.2010
TO     : Monday, 28.06.2010
----- Annual General Meeting & Dividend For the Year Ended 31.03.2010
The Board of Directors has recommended dividend at the rate of Rs.6/- (Rupees six only) per Equity Share of Rs.10/- each for the year ended 31st March, 2010.
The Annual General Meeting of the Company will be held at Kolkata on Friday, the 2nd July, 2010 at 10.30 A.M.
Dividend, if declared by the shareholders, will be paid on or after 6th July, 2010.
03.05.2010

Press Release

FINANCIAL RESULTS This Year 2009-10 Previous Year 2008-09
Sales / Income from Operations (Less Excise Duty) 1230.87 1162.33
Profit before Depreciation, Interest, Exceptional Items and Tax 224.37 109.00
Add / (Less) :
Depreciation
Interest (Net)
Taxation (Net)
Voluntary Retirement compensation

(61.06)
(7.41)
(52.38)
(3.36)

(59.10)
(23.82)
(5.96)
(3.50)
Net Profit 100.16 16.62
Add : Balance brought forward from previous year 116.29 113.10
Profit available for appropriation
Less :Dividend
Tax on Dividend
General Reserve
216.45
13.11
2.18
15.00
129.72
10.03
1.70
1.70
Balance carried forward to next year 186.16 116.29
Dividend
The Board has recommended payment of dividend at the rate of Rs.6/- (i.e. 60%) (Rupees Six only) per equity share of Rs.10/- each for the year ended 31st March, 2010.
Financial Performance
The performance has improved significantly. The revival of demand in Nylon Tyre Cord Fabrics (NTCF) and the efforts made by the Company in improving efficiencies in all areas of operations including working capital management resulting in lower interest cost and foreign currency risk management, have contributed substantially.
Expansion :
The Company has undertaken expansion of Nylon Tyre Cord Fabric (NTCF) capacity by 7500 M.T. including NTCF dipping at Bharuch and Nylon Polimerisation capacity of 21000 tons per annum. In addition, the Company has planned to modernize some of its machineries at Pune and Mahad and also to add some new equipment to enhance value chain of its existing products. Orders for critical equipment for NTCF expansion have already been placed. Expansion of NTCF and dipping facilities are likely to be completed in the fourth quarter of financial year 2010-11.
Your Company has also decided to install 6.6 MW gas based power generating set at Pune and 3.3 MW LNG based power generating sets at Bharuch. The power sets are expected to be commissioned in the fourth quarter of the financial year 2010-11.
The total capital expenditure on above will involve about Rs.350 crores.
Outlook
The mid term outlook is fairly good and long term outlook remains positive as the Indian Economy is growing steadily at good growth rate.
23.04.2010 The Board of Directors in their Meeting scheduled on 3rd May, 2010 will also consider conversion of 10,00,000 Preferential Warrants into equal number of equity shares of Rs.10/- face value as requested by Promoters.
16.04.2010

Announcement of Postal Ballot Result

Pursuant to the Notice dated 22nd February, 2010 and based on the Scrutinizer's Report dated 14th April, 2010, the result of the poll taken by Postal Ballots under Section 192A of the Companies Act read with the Companies (passing of Resolution by Postal Ballot) Rules 2001 on the Special Resolution under Section 17 read with Section 146(2) and all other applicable provisions, if any, of the Companies Act, 1956 for change of Registered Office of the Company from the state of West Bengal to the state of Maharashtra is as under :
- No. of Ballots No. of shares held Nominal value of shares (Rs.)
Votes in favour of Resolution 1884 82,50,498 8,25,04,980
Votes against the Resolution 89 2,583 25,830
Votes found invalid on a/c of No Vote, Unsigned, Double Vote, Non submission of proper documents, etc. 70 16,554 1,65,540
Total 2043 82,69,635 8,26,96,350
The Special Resolution was passed by requisite majority.
13.04.2010 A Meeting of the Board of Directors of the Company will be held on Monday, the 3rd May, 2010 to approve the Annual Accounts (Audited) for the year ended 31st March, 2010.
At the same meeting, the Board will also consider recommendation of dividend on Equity Shares for the Financial Year ended 31st March, 2010.
13.03.2010

NOTICE

Shareholders are hereby informed that the Company has completed despatch of Postal Ballot Notice under Section 192A of the Companies Act, 1956 on 13th March, 2010 alongwith Postal Ballot Form and a self addressed envelope (for which postage will be paid by the Company) in relation to a Special Resolution under Section 17, read with Section146(2) of the Companies Act, 1956 seeking consent of the shareholders for change of Registered Office of the Company from the state of West Bengal to the state of Maharashtra. Duly completed Postal Ballot Forms should be received by the Scrutinizer not later than 5.00 P.M. on 12th April, 2010.
In case any member does not receive Postal Ballot Form, he may request for a duplicate Postal Ballot Form at the Company's Registered Office.
04.01.2010 A Meeting of the Board of Directors of the Company will be held on Wednesday, the 27th January, 2010 to approve the Unaudited Financial Results (Provisional) for the quarter ended 31st December, 2009.
09.12.2009

Announcement of Result of Poll by Postal Ballot

Pursuant to the Notice dated 24th October, 2009 and based on the Scrutinizers Report dated 8th December, 2009, the result of the poll taken by Postal Ballots under Section 192A of the Companies Act on the resolution under Section 81(1A) and other applicable provisions of Companies Act, 1956 is as under :
- No. of Ballots No. of shares held Nominal value of shares (Rs.)
Votes in favour of Resolution 1473 72,46,536 7,24,65,360
Votes against the Resolution 128 94,488 9,44.880
Votes found invalid on a/c of No Vote, Unsigned, Double Vote, Non submission of proper documents, etc. 47 13,34,062 1,33,40,620
Total 1648 86,75,086 8,67,50,860
The Special Resolution was passed by requisite majority.
11.11.2009 Shri S K Jain has been appointed as a Director of the Company on 11th November, 2009 to fill-up the casual vacancy caused by the death of Shri V Dixit.
04.11.2009

NOTICE

Shareholders are hereby informed that the Company has completed despatch of Notice under Section 192A of the Companies Act, 1956 on 3rd November, 2009 alongwith Postal Ballot Form and a self addressed envelope (for which postage will be paid by the Company) in relation to a Special Resolution under Section 81(1A) of the Companies Act, 1956 seeking consent of the shareholders for issue of 18,00,000 Preferential Warrants to Century Textiles and Industries Limited and/or TGS Investment and Trade Private Limited and/or other promoters and Promoters Group as per the guidelines of SEBI (issue of Capital and Disclosure Requirement) Regulations, 2009 as set out therein. Duly completed Postal Ballot Forms should be received by the Scrutinizer not later than 5.00 P.M. on 5th December, 2009.
In case any member does not receive Postal Ballot Form, he may request for a duplicate Postal Ballot Form at the Company's Registered Office.
21.10.2009 This is to inform you that the Board Meeting convened on 24th October, 2009 for approving the Unaudited Financial Results (Provisional) for the quarter ended 30th September, 2009 will also consider convening an Extra-ordinary General Meeting/Postal Ballot for seeking shareholders approval for the issue of Preferential Warrants to Promoters in accordance with the Guidelines of SEBI and Stock Exchange.
20.10.2009 Mr.V Dixit, Director of the Company passed away on 14th October, 2009.
04.07.2009 A Meeting of the Board of Directors of the Company will be held on Thursday, the 23rd July, 2009 to approve the Unaudited Financial Results (Provisional) for the quarter ended 30th June, 2009.
11.05.2009

ANNUAL GENERAL MEETING & BOOK CLOSURE

NOTICE is hereby given that the 43rd Annual General Meeting of the Company will be held on Saturday, the 27th June, 2009 at 10.30 A.M. at KALA KUNJ, 48, Shakespeare Sarani, Kolkata-700 017. The Register of Members and Share Transfer Books of the Company will remain closed from Tuesday, the 16th June, 2009 to Monday, the 23rd June, 2009, both days inclusive on account of Annual General Meeting and Dividend payment. Notice of the said meeting is being posted to all the Members separately.
The Dividend, if declared at the forthcoming Annual General Meeting of the Company, will be made payable to those Shareholders whose names shall appear on the Register of Members of the Company on 23rd June, 2009 and in respect of Shares in dematerialised form, Dividend will be paid to the beneficial owners as per details to be furnished by the Depositories for the purpose.
15.04.2009 A Meeting of the Board of Directors of the Company will be held on Monday, the 4th May, 2009 to approve the Annual Accounts (Audited) for the year ended 31st March, 2009 and Financial Results for the quarter ended 31st March, 2009.
At the same meeting, the Board will also consider recommendation of dividend on Equity Shares for the Financial Year ended 31st March, 2009.
30.12.2008 Intimation sent by the Company to National Stock Exchange of India Ltd. and Bombay Stock Exchange Ltd.
Text of the intimation :-
"Please refer to our letter dated 18th December, 2008 whereby we have informed you that due to slowdown in Automobile Industry, the tyre companies have substantially reduced their off-take of Nylon Tyre Cord Fabrics (NTCF) from the Company and as such resulted into accumulation of substantial inventory of NTCF with us. We have also informed about partial suspension of NTCF operation. We regret to inform you that this partial suspension is still continuing as there is no revival in NTCF demand from tyre companies. At present, the production cut is in the range of 35-40%.
The details of production and sales during the October-December 2008 quarter as compared to corresponding quarter of the previous year are as follows :
Products (Chips / Synthetic Textile Yarns / NTCF ) Figures (M.T.)
October to December 2008 October to December 2007
Sales 26,661 29,564
Production 27,507 29,666
As reported in our earlier letter, we are continuously monitoring the situation and take appropriate steps to restore the production.
Please display this letter on Notice Board for the information of members / investors."
18.12.2008 Intimation sent by the Company to National Stock Exchange of India Ltd. and Bombay Stock Exchange Ltd.
Text of the intimation :-
We understand from tyre companies that there is slowdown in Automobile Industry. This is also evident from the reports appearing in various newspapers. Consequently, tyre companies have substantially reduced their off-take of Nylon Tyre Cord Fabrics (NTCF) from us.
In view of above situation, we have accumulated substantial inventory of NTCF and do not see early revival in demand. As such, we have partially suspended our NTCF operation and intend to cater market requirements from accumulated inventory. It will also help the company to manage its working capital more efficiently and save the interest cost.
The Management will closely monitor the situation and restore production at appropriate time. In the meantime, the company will undertake preventive maintenance of the plant and equipment
07.05.2007 The Board of Directors of the Company in its Meeting held on 3rd May, 2007 has appointed Shri G M Singhvi as a Whole-time Director of the Company with effect from 16th May, 2007.
12.04.2007 The Board of Directors at its Meeting held on 11th April, 2007 has appointed Mr. G M Singhvi as a Director to fill up the casual vacancy caused by the death of Mr. D Y Gaitonde.
29.01.2007 Pursuant to Article 115 of the Company's Articles of Association, the Board of Directors of the Company at its Meeting held on 25th January, 2007 have elected Mr.B K Birla as the Chairman of the Board of Directors of the Company to hold office as long as he continues to be a Director.
28.09.2006 We are pleased to inform that Nylon Tyre Cord Fabric (NTCF) project for 8000 M.T. per annum is progressing as per schedule. It is being partially commissioned today ( i.e. 28.09.2006) which includes part of Spinning Lines and Conversion capacities. Barring unforeseen circumstances, the remaining project will be commissioned in the quarter ending December 2006.
On commissioning of complete project, the total NTCF capacity of the Company will increase from 14,000 M.T. To 22,000 M.T. per annum.
1.09.2006 The Company has appointed M/s. Intime Spectrum Registry Limited as its Registrar and Share Transfer Agent with effect from 1st September, 2006 in place of M/s. MCS Ltd. The Shareholders / Investors are, therefore, requested to send all their Share / Debenture related queries / correspondence including transfer of shares to M/s. Intime Spectrum Registry Limited at their address at C-13, Pannalal Silk Mills Compound, L.B.S. Marg, Bhandup (West), Mumbai - 400 078. Tel. No.(022) 2596 3838, Fax No. (022) 2594 6969 and E-mail id : isrl@intimespectrum.com.
04.05.2006 Company's Share Transfer Agent M/s.MCS Limited has changed their location from Sri Venkatesh Bhavan, Plot No.27, Road No.11, MIDC, Andheri (East) Mumbai - 400093 to the following address with effect from 2nd May, 2006.

      MCS Limited
      "Harmony", 1st Floor
      Sector-1, Khanda
      New Panvel (West)
      Dist : Raigad (Maharashtra)
      Pin : 410 206

      Tel. No.27492003 - 10
      Fax No.27492005
      E-mail : mcsmum@vsnl.com

All concerned are requested to address their share/debenture related correspondence to M/s.MCS Ltd. at their new address.
03.02.2006

Buy back of equity shares
under the Scheme of Arrangement

85,93,109 Equity Shares of Rs. 10/- each bought back by the Company under the Scheme of Arrangement shall stand canceled with effect from 9th February, 2006 i.e. at the expiration of a period of 7 days from 2nd February, 2006 being the date of remittance of buy back consideration to Acordis Overseas Investment BV.
Accordingly, Issued, Subscribed and Paid-up Equity Share Capital of the Company shall stand reduced to 2,00,50,589 Equity Shares of Rs. 10/- each with effect from 9th February, 2006.
30.12.2005

Buy back of equity shares under the Scheme of Arrangement

This is to inform that the Board of Directors of the Company at its meeting held today i.e. 30th December, 2005 approved buy back of 85,93,109 equity shares of Rs.10/- each (representing 30 % of the total Paid-up Share Capital of the Company) tendered by Acordis Overseas Investment BV at a price of Rs. 122/- per equity share pursuant to the Scheme of Arrangement approved by the Hon'ble High Court at Calcutta on 9th November, 2005.
85,93,109 equity shares of Rs. 10/- each so bought back will be cancelled on completion of other formalities in terms of the Scheme of Arrangement and the Issued, Subscribed and Paid-up Share Capital of the Company will thereupon be reduced to that extent.
25.11.2005

Scheme of Arrangement under Section 391 of the
Companies Act, 1956 - Fixation of Record Date

This is to inform you that the Company has fixed 8th December, 2005 as the Record Date for the purpose of determining the names of the non-resident shareholders holding eligible equity shares (i.e. the shares held on the date of making an application to the Hon'ble High Court at Calcutta for sanctioning the Scheme of Arrangement and continue to hold it till Record Date i.e. 8th December, 2005) that can be tendered by them to the Company for purchase under the Scheme of Arrangement as approved by the Hon'ble High Court at Calcutta on 9th November, 2005.
It may kindly be noted that the aforesaid Record Date is for the limited purpose of determining the eligible equity shares held by non-resident shareholders of the Company which can be tendered to the Company for purchase under the Scheme of Arrangement and would not have a bearing on the market trade operation as no benefit will now accrue on the shares.
22.07.2005

Scheme of Arrangement

Pursuant to an order dated 6th July, 2005 of the Hon'ble High Court at Calcutta, separate meetings of the Resident Equity Shareholders and the Non-Resident Equity Shareholders of the Company will be held at Kala Kunj, 48, Shakespeare Sarani, Kolkata 700017 on Friday, the 19th August, 2005 at 12.00 Noon for Resident Shareholders and at 1 P.M. for Non Resident Shareholders for considering and approving the proposed Scheme of Arrangement between the Company and its shareholdes. Notice dated 14th July, 2005 for convening the aforesaid meetings togetherwith the Scheme of Arrangement and Explanatory Statement have been posted to all the Shareholders of the Company.
After approval of the Shareholders, Petition will be filed with the Hon'ble High Court at Calcutta for sanction of the Scheme of Arrangement.
Under the Scheme of Arrangement, all non resident shareholders of the Company shall be entitled to participate in the Scheme to the extent of eligible shares held by them by optionally tendering the whole or any part of their shareholding to the Company for buy back by the Company at a consideration of Rs.122/- per equity share in cash. The aggregate number of shares to be bought back shall be limited to 85,93,109 equity shares being 30% of the paid up equity share capital of the Company.
07.05.2005 Century Enka Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 07, 2005, has decided a Scheme of Arrangement for non-resident shareholders for Buy-back of their shares to the extent of 30% of the paid up equity share capital of the Company at a price of Rs 122/- (Rupees One Hundred Twenty-two only) per equity share.
The effect of the Scheme will be that Acordis Overseas Investment BV will be entitled to tender upto 30%, out of their shareholding of 38.24%, in the Company. The Scheme will be beneficial to the remaining shareholders inasmuch as it will result in the corresponding increase in book value and earnings per share. The Scheme is subject to the approval of the shareholders in a general meeting and of the High Court of Calcutta.
03.05.2005 Dividend
The Board has recommended payment of dividend at the rate of Rs.6.00 (Rupees six only) per Equity Share of Rs.10/- (previous year Rs.6.00).
Modernisation and Expansion
The Company has increased its Nylon Polymerisation capacity by 14600 M.T. per annum and successfully commissioned new Fully Drawn Yarn (FDY) capacity.
The Nylon Tyre Cord Fabric expansion project has been finalised with a capital investment of Rs.160 crores and hope to complete by the last quarter of 2006.
During the year 2004-05, two Diesel Generating Sets each of 6 MW capacity and one 4 MW capacity have been added at Pune and Bharuch Plants respectively for captive power generation.
19.04.2005 We are pleased to inform that Polyester Partially Oriented Yarn (POY) capacity expansion at Bharuch Site by converting its surplus Polyester Chips capacity has been materialised and the commercial production has started from 19th April, 2005.
With this expansion, the total POY capacity at Bharuch Site has gone up from 37,900 Metric tons to 81,000 Metric tons per annum.
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