Nirma Limited

Board of Directors

Dr. KK Patel - Chairman
Rakesh K Patel - Vice Chairman
Hiren K Patel - Managing Director
Kalpesh A Patel- Executive Director
Shrenikbhai K Lalbhai
Pankaj R Patel
Rajendra D Shah
Chinubhai R Shah
Kaushikbhai N Patel

Registered Office

Nirma House
Ashram Road
Ahmedabad 380 009

RTA

Sharepro Services ( India ) P Limited
Mumbai-72

Incorporated : Around 1981

Delisted

wef :28-03-2012

Exit Offer : Rs. 260 ( for Rs. 5 Paid Up Share )

Exit Window Closed on 03-10-2012

Current Promoter Holding : 94 : 82 %

Last Financial Year Extended to 30- 09-12 ( 18 months )

Financials ( 01-04-11 to 30- 10-12 ( 18 Months )

Consolidated                 Standalone

Sales Rs 8586 crore       Rs.6828 cr

Gross Profit ( EBIDTA )
Rs.1193 cr                      Rs.964 cr

Depreciation and Amortisation

Rs. 481 cr                        Rs.426 cr

Net Profit
Rs. 51 cr                         Net LOSS -Rs. 61Cr

Dividend : NIL

AGM on 25-03-13 at Ahmedabad

Balance Sheet ( as on 30-09-12 )

Equity Capital Rs. 115 crore 50 Lakh ( Face Value Rs. 5 Per Share )

Reserves : Rs.Rs. 2691 Cr

Long Term Borrowings : Rs.Rs.1399 Cr

Short Term Borrowings  Rs.Rs. 1203 Cr

For Directors'Report ( 2011-12 )

http://economictimes.indiatimes.com/nirma-ltd/directorsreport/companyid-10565.cms

Official Website

http://www.nirma.co.in/   

For History :-

http://www.kotaksecurities.com/stock-market-news/equity/5003/Nirma-Ltd.-company-history/12510004.00

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http://www.rareindianshares.info/2013/04/nirma-drops-move-to-consolidate-face.html

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Nirma Compulsory Buy Back- Shareholders to Oppose Tooth And Nail

Shareholders of Nirma Limited are determined to oppose vehemently Nirma Limited 's anti small shareholder move to compulsorily buy back non promoters shares @ Rs. 225 ( Rs 5 Paid ).

AGM at Ahmedabad on 23/07/13 , 11 AM

Shareholders are writing their opposition by sending letters , Regd Post , to the Compliance Officer. Later , legal action ( like with Cadbury India and Shakti   Metdor would be undertaken )

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Scroll Down the following Link for an informative analysis on Delisting of Nirma Limited:-

https://contrarianvalueedge.wordpress.com/2013/12/07/delisting-framework-part-i-failure-has-patterns/

                                     
General Warning : Investment in Shares Can be Injurious to Your  WEALTH 

Caution :The blog writer had personal/ family members' holdings in this company , so please make suitable "provisions " for likely over optimism

( NB : All information given in good faith. Please recheck all facts. No responsibility taken by this author / blog . )