There
is no delay in holding the AGM of the Company, accordingly no question of
permission for condonation of delay.
Further,
the company made an application on 21/08/2012 for an extension of time for
the purpose of holding AGM which was granted by the ROC under section
166(1) read with second proviso attached thereto for a period of 3
months.
| ||
|
02.
|
The
reasons for the variance in Provisional Net Profit (2011 -12 ) which gave
EPS of Rs. 175 Per Share and Final EPS of Rs. 150 Per Share has not been
explained.
|
During
our Statutory audit, there was an increase in Provision for Deferred
Taxation from Rs.11.77 Lac to 124.45 Lac. Since it is statutory provision,
hence we have to provided the same, other wise there is no significant
change in net profit (before tax) from Rs.1528.49 Lac (Provisional) to
Rs.1508.27 Lac (Audited).
|
|
03.
|
in
view of Book Value of Rs. 1280 Per Share and EPS of Rs. 150 Share Holders
had taken up with the then Company Secretary Mr. Raman Khalsa, for a
Liberal Bonus and a Split. The Annual Report is silent on this,
|
Since
company is in expansion mode, the company may consider the same for
future requirements of the Company.
|
|
04.
|
Further
, Share holders had taken up with Frick India the SEBI guidelines
regarding Relisting in BSE / NSE as DSE is non operational
Relevant SEBI guidelines ;-
Although
the correspondence on this crucial issue was acknowledged by Mr. Raman
Khalsa, the Annual Report ( 2012 ) is silent on this
issue.
|
As
per Clause 9 of the SEBI Circular no. CIR/MRD/DSA/14/2012 dated May 30,
2012 regarding Relisting in BSE / NSE as DSE is non operational, the said
circular apply to only : -
(i)
Recognized stock exchanges
(ii)
Stock exchanges that stand de-recognised as on date of this circular
(iii)
Stock exchanges that have applied for derecognition/ exit as on the date
of
this circular
Hence,
the above-said circular is not applicable to the Company.
Please
refer page no. 05 of the SEBI Circular no. CIR/MRD/DSA/14/2012 dated May
30, 2012
|
January 08, 2013
Frick India's Replies to the Issues Raised by Share Holders
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3 comments:
Kindly let me know if anyone is interested in buying the physical shares of:
Orrissa Lamps
Indo Gulf Fertilizers
AgroTech India
Bhiwani Synthetics
and few more...
send your response at pbinaykiya@gmail.com
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WE ARE BUYING FOLLOWING SHARES:
A B CORP LTD,A V THOMAS & CO LTD,AGRITECH INDIA,AHMEDABAD STOCK EXCHANGE,ALFA LAVAL,AMALAMATIONS REPCO,ANUP ENGINEERING,APEEJAY TEA,ARCH PHARMA,ARICENT TECHNOLOGIES,ASPIN WALL,ASSOCIATES PIGMENT,ATLAS COPCO,AVERY INDIA,AXLES INDIA,BANGLORE STOCK EXCHANGE,BHARAT HOTEL,BHARAT NIDHI,BHARATI HEALTHCARE,BHARATI TELE,BHARUKHA GAS,BINANI CEMENT,BINNI MILLS,BOSCH LTD,BOSCH RECROTH,BSE,CADBURY,CAROL INFO,CARRIER AIRCONDITION,CATHOLIC SYRIAN BANK,COCHIN INTERNATIONAL AIRPORT,CTR MANUFACTURING,DELHI STOCK EXCHANGE,EASTERN INVESTMENT,EATON POWER,ELECTRONICA MACHINE TOOLS LTD,ESSAR STEEL,ESSAR TELE HOLDING LTD,FARM ENTERPRISE,FCI OEN CONNECTORS,FRICK INDIA,GALAXY SURFACTANTS,GCCL CONSRUCTION & REALITIES LTD,GUJARAT CREDIT,GUJARAT NRE MINERALS RESORCES,HDFC SECURITIES,HERBERT SONS,HIGHLAND TEA,HINDUSTAN POWER PLUS,HINDUSTAN VIDHYUT,HSBC INVEST DIRECT,HYDERABAD STCOK EXCHANGE,ICICI LOMBARD LIFE INSURANCE,ICICI PRUDENTIAL LIFE INSURANCE,INDIA CARBON,INDIAN SEAMLESS ENTERPRISES,INDIAN WOOD PRODUCT LTD,INDO FILCHEM,JALLANDHAR MOTORS,KADRI MILL,KESORAM TEXTILE,KINETIC CAPITAL SERVICES LTD,KUDREMUKH IRON,LAKHANI INDIA,LASER HOSPITAL,LOK PRAKASHAN-PHYSICAL-GUJARAT SAMACHAR,LOTTE INDIA,LUX HOSIERY,MADRAS ALUMINIUM,MADRAS STOCK EXCHANGE,MIDEAST INTEGRATED STEEL,MIDLAND RUBBER,MOHAN MEKIN,MURUGAPPA HOLDING,MYLAN PHARMA,NANDAN BIO,NATH BIO,NATH BIOGEN,NEELAM PATHI TEA,NIRMA,NSE,ONDEO NALCO INDIA,OTIS ELEVATORS,PARRY AGRO,PATNI COMPUTER,PEARL GLOBAL,PERFECT CIRCLE INDIA LTD,PHILIPS,PNB FINANCE,PSI DATA,RAJGIRI TEA,RAMARAJU SURGICAL,RATNAKAR BANK,RAUNAQ INTERNATIONAL,RAYBON SONS,SAN ENGINEERING,SARDA MOTOR,SAYAJI INDUSTRIES,SHERNO LTD,SIMPSON & CO LTD,SISTEMA SHYAMTELE,SPENCER & COMPANY,SUASHISH DIMOND,SULZER INDIA,SYNGENTA,T STANCE,TAPARIA TOOLS,TATA SONS-PHYSICAL,TATA TECHNOLOGIES,TCS-E SERVE,TRAVANCORE RUBBER,TUDOR INDIA,VICKERS SYSTEM,WARTISLA INDIA,YOKOGAWA INDIA.NILESH KOTAK 09274038842 EMAIL dhanvarshafincap@gmail.com
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