Orient Electric Ltd - 541301 - Statement Of Investor Complaints For The Quarter Ended December 2019
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter 0000 Name of the Signatory :- HITESH KUMAR JAINDesignation :- Company Secretary and Compliance Officer Orient Electric Ltd - 541301 - Shareholding for the Period Ended December 31, 2019
Orient Electric Ltd has submitted to BSE the Shareholding Pattern for the Period Ended December 31, 2019. For more details, kindly Click here Orient Electric Ltd - 541301 - Closure of Trading Window
Pursuant to the provisions of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 and the Company's Code of Conduct to Regulate, Monitor and Report Trading by designated persons (including their immediate relatives and any other person for whom they take trading decisions) in the Securities of the Company, the trading window for dealing in the equity shares of the Company by designated persons shall be closed from December 31, 2019 and remain so closed till the completion of 48 hrs after the declaration of the Un-Audited Financial Results of the Company for the quarter and nine months ended December 31, 2019. Orient Electric Ltd - 541301 - Initiation Of Legal Action Against Orient General Agencies And Alco Logistics Pvt. Ltd.
We hereby inform you that the Company had supplied goods to Orient General Agencies (Bombay) Private Limited ('OGA') through Alco Logistics Pvt. Ltd. (Formerly known as Apollo Fiege Integrated Logistics Pvt. Ltd.) ('Alco') or otherwise, for an amount over Rs. 14 crores invoiced during the period May 2017 to November 2017 and January 2019 to April 2019. The Company had several rounds of deliberations with OGA and Alco over the past one year, which did not result in recovery of outstanding till date. The Company has therefore initiated legal actions for recovery of outstanding amount along with interest and damages by filing suits / complaints jointly and / or individually, against OGA, Alco and their erstwhile directors. For financial prudence the Company has already taken appropriate provisions of the aforesaid outstanding amount in its books of accounts in previous reporting periods. Orient Electric Ltd - 541301 - Initiation Of Legal Action Against Orient General Agencies And Alco Logistics Pvt. Ltd.
We hereby inform you that the Company had supplied goods to Orient General Agencies (Bombay) Private Limited ('OGA') through Alco Logistics Pvt. Ltd. (Formerly known as Apollo Fiege Integrated Logistics Pvt. Ltd.) ('Alco') or otherwise, for an amount over Rs. 14 crores invoiced during the period May 2017 to November 2017 and January 2019 to April 2019. The Company had several rounds of deliberations with OGA and Alco over the past one year, which did not result in recovery of outstanding till date. The Company has therefore initiated legal actions for recovery of outstanding amount along with interest and damages by filing suits / complaints jointly and / or individually, against OGA, Alco and their erstwhile directors. For financial prudence the Company has already taken appropriate provisions of the aforesaid outstanding amount in its books of accounts in previous reporting periods. Orient Electric Ltd - 541301 - Disclosure Pursuant To Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015.
Dear Sir / Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations), we hereby wish to inform you that the Board of Directors of the Company granted following Stock Options to the eligible employee of the Company under Orient Electric Employee Stock Option Scheme- 2019: No. of Stock Options granted 1,66,302 stock options Whether the Scheme is in compliance with the provisions of Securities and Exchange Board of India (Share Based Employee Benefits) Regulations, 2014 Yes Vesting Period 4 years in two tranches: a. 40% (Forty percent) shall vest after 3 years in the year 2022; and b. 60% (Sixty percent) shall vest after 4 years in the year 2023. Exercise Price Rs. 184.10 per stock option, convertible, upon exercise, into equal number of equity shares of the Company of Rs. 1 each. Exercise Period Within 4 years from the respective vesting date. You are requested take the above information on your record. Orient Electric Ltd - 541301 - Update On Change Of Name Of The Registrar And Share Transfer Agent Of The Company
Dear Sir / Madam, This is to inform you that the name of Registrar and Share Transfer Agent of the Company has been changed from 'Karvy Fintech Private Limited' to 'KFin Technologies Private Limited' with effect from December 05, 2019, as intimated by them. You are requested to take the above information on your record. Orient Electric Ltd - 541301 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Dear Sir / Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations), we hereby wish to inform you that as per the invitations received, the Managing Director & Chief Executive Officer and Chief Financial Officer of the Company would be attending the following Investor's Conferences: Conference Organized By Date Place Consumer Investor Conference HDFC securities December 09, 2019 Mumbai Emerging India MIDCAP Conference - 3rd IDEATION SERIES PhillipCapital (India) Private Limited December 10, 2019 Mumbai Further, Company would not be making any separate presentation in the above conferences. You are requested take the above information on your record. Orient Electric Ltd - 541301 - Disclosure Of Related Party Transactions For The Half Year Ended September 30, 2019.
Dear Sir(s), Pursuant to Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith details of related party transactions, for the half year ended September 30, 2019. Please note that such details of related party transactions will also be available on the Company''s website: www.orientelectric.com. Kindly take the attached details on record and acknowledge the receipt. Orient Electric Ltd - 541301 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Please find enclosed herewith copies of the newspaper advertisement published in Financial Express (National English Daily) and Odisha Bhaskar (Odisha daily) pertaining to Un-Audited Financial Results of the Company for the quarter and half year ended September 30, 2019. The above advertisements were published in the above newspapers on October 23, 2019. You are requested to take the enclosed documents on your record.