Announcement under Regulation 30 (LODR)-Credit Rating
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that ICRA Ltd and CARE Ratings have reviewed the Company's ratings as under: a) ICRA has reaffirmed the long term rating as ICRA (AA minus) (pronounced ICRA double A minus). The outlook on the long term facilities has been revised to 'Stable' from 'Positive'....
IndoCount Industries, Welspun India; Back in the spotlight?
Textile companies in India had a tough time in FY18, as demand in export markets fell, and firms like Welspun India got caught up in controversy over material quality and standards. However, this year as job growth in the US scales to record levels, retailers like Walmart have reported strong numbers, and this has boosted expectations that suppliers such as Indian textile firms will benefit from demand growth. The US-based National Retail Federation (NRF) has raised its retail sales forecast for the year, and expects 2018 retail sales to increase at a minimum of 4.5% over 2017. Indo Count Industries (which is in ten stock screeners today, including High Volume Gainer screeners) is benefiting from renewed investor enthusiasm, along with Welspun India. In terms of financials, the recovery is not yet fully apparent - there has been no significant change in the June quarter numbers, even as the industry has become more upbeat. Some fundamentals that drove IndoCount to share price heights in 2013 and 2014, such as export incentives and cheap cotton - will not return soon. But nonetheless the textile firms are expecting an upturn in revenues, and increases in demand. As sentiment has changed around these stocks, clearly investors are hoping for this too.
India's textile sales likely to rebound on retail growth in US
The healthy quarterly results of US retailers Walmart and Target can have a bearing on India's Indo Count Industries and Welspun India Announcement under Regulation 30 (LODR)-Newspaper Publication
Please find enclosed copies of newspaper publications on 18th August, 2018 in Business Standard, (All Editions) in English language and Pudhari, Kolhapur Edition in Marathi language pertaining to Notice of 29th Annual General Meeting, E-voting and Record Date. Intimation Of Record Date For The Purpose Of Final Dividend For The Financial Year 2017-18
We wish to inform the Exchange that pursuant to Regulation 42 of the Listing Regulations, the Record Date for Final Dividend of Re.0.40/- per Equity Share of Rs. 2/- each for financial year 2017-18 is Saturday,1st September, 2018. The dividend, if declared at the 29th AGM will be paid to the members holding shares as on close of business hours of 1st September, 2018 within 30 days of the date of 29th Annual General Meeting. Kindly take same on record. Notice Of 29Th Annual General Meeting Of The Company And Remote E-Voting
We wish to inform the Exchange that the 29th Annual General Meeting ('AGM') of the members of the Company will be held on Tuesday,11th September,2018 at 12.30 p.m.at Hotel Vrishali Executive,Conference Hall,39 A/2, Tarabai Park,Dist Kolhapur - 416003,Maharashtra. Pursuant to Regulation 30(2) read with Schedule III of the Listing Regulation,2015,we are enclosing herewith the Notice of 29th AGM of the Company.The Annual Report for FY 2017-18... Announcement under Regulation 30 (LODR)-Investor Presentation
Please find enclosed herewith a copy of Investor Presentation with respect to Unaudited Financial Results for the quarter ended 30th June, 2018. Announcement under Regulation 30 (LODR)-Press Release / Media Release
please find attached a copy of Press Release with respect to Unaudited Standalone Financial Results for the quarter ended 30th June, 2018 Announcement under Regulation 30 (LODR)-Change in Directorate
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform the exchanges that the Board of Directors of the Company at their meeting held on 3rd August, 2018 has approved appointment of Dr. Sanjay Kumar Panda (DIN: 02586135) and Mr. Siddharth Mehta (DIN: 03072352) as Additional Non-Executive Independent Directors of the Company for a term of five consecutive years w.e.f. 3rd August,... Unaudited Standalone Financial Results For The Quarter Ended 30Th June, 2018
We wish to inform you that at the Board Meeting held today i.e. on 3rd August, 2018, the Board of Directors of the Company approved the Unaudited Standalone Financial Results of the Company for the quarter ended 30th June, 2018. Pursuant to Regulation 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements), 2015, we are enclosing herewith copy of Unaudited Standalone Financial Results of the Company for the quarter ended 30th...