Novopan has stopped production at all three plants and has disposed off its machinery.
For the Year Ended 31/03/2016
Other come Rs 5 cr 78 lakh
Gross profit Re. 1 cr 24 lakh
Net profit Re 1.cr 22 lakh
EPS : ( Re.0 / 31 p )
As on 31/03/16
Share Capital: Rs.38 cr 90 lakh
Reserves : MINUS ( Rs.10 cr 67 Lakh )
32 nd AGM on 29/09/16 at 4 ; 30 pm Secunderabad
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Novopan Industries Delisted in 2014 at a Delisting Price of Rs.40 /-
Promoters , now , hold 98% of Equity
.
Promoters Still Buying Back .
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Blog : Novopan Industries holds valuable land bank on its Ex facotories.
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.OLD POST
2013- News Report
http://www.thehindubusinessline.com/companies/novopan-industries-to-delist-shares-from-exchanges/article5022118.ece
Current News
http://www.bseindia.com/corporates/anndet_new.aspx?newsid=c6af6823-60fd-4547-ba40-0faf05bd69e1
Delisting Offer in PDF
http://www.moneycontrol.com/livefeed_pdf/Aug2014/Novopan_Industries_Ltd_010814.pdf
Novopan India is part of the well known GVK group
http://www.thehindubusinessline.com/markets/delisting-to-keep-novopan-in-focus/article6335569.ece
For official Novopan Site
http://www.novopan.in/finacial_overview.html
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General Warning : Investment in Shares Can be Injurious to Your WEALTH
Caution :The blog writer has 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 . )
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