APAR INDUSTRIES LTD. - 532259 - Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
Submission of Notice of Postal Ballot dated January 31, 2022 pursuant to Regulation 30 and all other applicable regulations, if any, of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. APAR INDUSTRIES LTD. - 532259 - Revision In Authorities For Determining Materiality Of Events & Its Disclosures Under Regulation 30(5) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015, As Amended From Time To Time.
The Exchanges are hereby informed that consequent to appointment of Mr. Ramesh Seshan Iyer as new Chief Financial Officer (CFO) of the Company w.e.f. 3rd February, 2022 in place of Mr. Vivek C. Diwadkar, who has tendered his resignation from the position of CFO w.e.f. the closure of working hours of the Company on 2nd February, 2022, there is a revision in authorities to determine either jointly and/or severally the materiality of any event or information and to make appropriate disclosures / submission of the same to the Stock Exchanges.
Earnings Call for Q3FY22 of Apar Industries
Conference Call with Apar Industries Management and Analysts on Q3FY22 Performance and Outlook. Listen to the full earnings transcript. APAR INDUSTRIES LTD. - 532259 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Publication of Extract of Un-audited Financial Results for the 3rd Quarter and Nine-Months ended 31st December, 2021 in Newspapers. Q3FY22 Quarterly Result Announced for Apar Industries Ltd.
Electrical Equipment/Products company Apar Industries declares Q3FY22 result: Revenue up 22% over pre-COVID (Q3FY20) driven by 40% YoY increase in domestic revenues: Domestic business and premiumisation of product mix drive revenue as export volumes remain impacted amidst challenging international freight environment. Exports contributed 35% to revenues versus 40% in Q3 FY21. Conductors’ business recorded highest ever EBITDA per MT at INR 18,987 on the back of continuous premiumisation. EBITDA margin at 5.7% and PAT margin at 2.5% for Q3FY22. The EBITDA in Q3FY21 was high from the exceptional numbers from the Speciality Oil business in that quarter 9M FY22: Profitability steady, PAT up 56% from pre-COVID Revenue up 41% YoY and 12% over pre-COVID (9MFY20). Domestic business up 54% YoY. Exports contributed 37% to revenues versus 43% in 9MFY21. EBITDA up 24% YoY to reach INR 393 crore with margin of 6.2%. PAT reached INR 174 crore with 2.8% margin versus 2.0% in 9MFY20. Finance costs reduced by 7% YoY due to improved working capital management & lower interest rates in spite of much higher commodity and raw material prices across the board. Result PDF APAR INDUSTRIES LTD. - 532259 - Announcement under Regulation 30 (LODR)-Investor Presentation
lnvestor Update for the Third Quarter and Nine-Month period ended 31St December, 2021 of the Current Financial Year 2021-22. APAR INDUSTRIES LTD. - 532259 - Announcement under Regulation 30 (LODR)-Change in Directorate
Appointment of Mr. Kaushal J. Sampat (DIN: 01932997) as an Additional Director in the category of Independent Director (Non-Executive) on the Board of the Company: The Board of Directors based on the recommendation of Nomination and Compensation-cum-Remuneration Committee have appointed Mr. Kaushal J. Sampat, as an Additional Director of the Company in the category of an Independent Director (Non-Executive) w.e.f. from 31st January, 2022 for a term of upto 5 (five) consecutive years subject to approval by the Shareholders of the Company. Further, in accordance with the Circulars dated June 20, 2018, issued by the BSE Limited and National Stock Exchange of India Limited and based on affirmation given by Mr. Kaushal J. Sampat, we hereby confirm that Mr. Kaushal J. Sampat is not debarred from holding the office of Director by virtue of any order of Securities and Exchange Board of India (SEBI) or any other such authority. APAR INDUSTRIES LTD. - 532259 - Appointment Of Mr. Ramesh Seshan Iyer As A Chief Financial Officer (CFO) & Key Managerial Personnel (KMP) Of The Company.
The Board of Directors of the Company based on the recommendations of Nomination and Compensation-cum-Remuneration Committee and Audit Committee have unanimously appointed Mr. Ramesh Seshan Iyer as a Chief Financial Officer (CFO) of the Company w.e.f. 3rd February, 2022 who has been appointed to succeed Mr. Diwadkar through a planned transition process. APAR INDUSTRIES LTD. - 532259 - Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO)
Resignation of Mr. Vivek C. Diwadkar as a Chief Financial Officer (CFO) & Key Managerial Personnel (KMP) of the Company due to his formal retirement : Mr. Vivek C. Diwadkar has tendered his resignation as Chief Financial Officer (CFO) of the Company w.e.f. the closure of working hours of the Company on 2nd February, 2022, due to his formal retirement from the Company which will happen on 31st March 2022. The Board of Directors has taken note of and accepted his resignation and placed on record its sincere appreciation for Mr. Diwadkar's valuable services, guidance and contribution to the Company during his tenure and association with the Company.
