Binani Industries
Corporate Announcements

19 January 2017

A meeting of Board of Directors will be convened on 27th January, 2017 interalia to consider and approve the Unaudited Standalone Financial Results for the third quarter ended 31st December, 2016.

05 January 2017

Company has intimated the Stock Exchanges in terms of Regulation 13 (3) of SEBI (Listing Obligations and Disclosure Obligations) Regulations, 2015

Investor complaints for the quarter ended 31st December, 2016

31st December, 2016

Reconciliation of Share Capitalfor the quarter ended 31st December, 2016

07 Dec 2016

The company has intimated the Stock Exchanges in terms of Regulation 30 of SEBI (Listing Obligations and Disclosure Obligations) Regulations, 2015

05 Dec 2016

The company has intimated the Stock Exchanges in terms of Regulation 30 of SEBI (Listing Obligations and Disclosure Obligations) Regulations, 2015

01 Dec 2016

The company has intimated the Stock Exchanges in terms of Regulation 30 of SEBI (Listing Obligations and Disclosure Obligations) Regulations, 2015.

20th October, 2016

A meeting of Board of Directors will be convened on 27th October, 2016 interalia to consider and approve the Unaudited Standalone Financial Results for the quarter and half year ended 30th September, 2016.

2nd September, 2016

Competition Commission of India (CCI) on complaint filed by Builders Association of India had passed an order, alleging cartelization and anti-competitive agreement, levying penalty on Binani Cement Limited (BCL), a subsidiary of the Company on 20th June 2012. BCL had filed appeals against the same. Thereafter, the Competition Appellate Tribunal (COMPAT) had stayed the order of CCI and sent back the same to CCI for fresh adjudication of the issue relating to violation of the Competition Act and directed the CCI to pass fresh orders after allowing just and fair procedure within a period of 3 months.

On 31st August 2016 an order was uploaded on website of CCI, a copy of which the company is yet to receive.

The company will decide on future course of action after studying the same in detail and will seek appropriate legal advice.

20th July, 2016

A meeting of Board of Directors will be convened on 29th July, 2016 interalia to consider and approve the Unaudited Financial Results for the quarter ended 30th June, 2016.

28th June, 2016

The Company has received the copy of the order of Bombay High Court dated 23rd June, 2016, disposing off the writ petition by Edayar Zinc Ltd (EZL) one of the subsidiaries of the Company, filed against the action initiated by its Secured Creditors under Section 13(4) of the SARFAESI Act, 2002. The Court whilst ruling in favour of Secured Creditors has granted six weeks period from the date of the order for seeking appropriate legal remedy from DRAT and directed Secured Creditors to seek only symbolic possession of immovable property during such period granted to EZL

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