CLARIANT CHEMICALS (INDIA) LTD. - 506390 - Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Luxembourg Investment Company 428 S a r l & PACs CLARIANT CHEMICALS (INDIA) LTD. - 506390 - Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
Clariant AG ('Clariant'), today announced that it has completed the sale of its Pigments business to a consortium of Heubach Group ('Heubach') and SK Capital Partners ('SK Capital'). As announced upon signing of the transaction, the base enterprise value of the sale amounts to CHF 805 million subject to closing accounts adjustments and before a potential earn-out payment of CHF 50 million which is subject to the business' 2021 financial performance. Clariant rolled over approximately CHF 115 million to retain a 20% stake in the new holding company, alongside Heubach and SK Capital. This combined business is a global pigments player with approximately 3000 employees generating approximately EUR 1 billion in annual sales with strong service and production capabilities across the globe. This is for your information and record. Kindly acknowledge the receipt. CLARIANT CHEMICALS (INDIA) LTD. - 506390 - Resignation Of Mr. Adnan Ahmad - Vice-Chairman & Managing Director
With reference to the communication dated November 11, 2021, we wish to apprise you that Mr. Adnan Ahmad has resigned from the position of Vice-Chairman & Managing Director of the Company, vide his resignation letter dated November 11, 2021, effective from January 1, 2022. The said resignation has been taken on record by the Board and the Nomination & Remuneration Committee at their meeting held on November 11, 2021. CLARIANT CHEMICALS (INDIA) LTD. - 506390 - Closure of Trading Window
In compliance with the Code of Conduct framed by the Company for Prohibition of Insider Trading pursuant to the requirement of the SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended, the trading window for dealing in Equity Shares of the Company shall remain closed from January 1, 2022 till 48 hours after the declaration of Financial results for the 3rd quarter ending December 31, 2021 for the Directors, Officers and Designated Persons of the Company. This is for your information and record. Kindly acknowledge the receipt. CLARIANT CHEMICALS (INDIA) LTD. - 506390 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
As per Regulation 39(3) of SEBI (Listing obligations and disclosure requirement) Regulations, 2015, we enclose herewith the information regarding Lost/Stolen/Fake/Duplicate Share Certificate received from our Shareholder(s)/ Link Intime India Pvt. Ltd. (RTA) in respect of which Stop Transfer has been marked. After complying with the required formalities by the shareholder, Company and/or RTA, a Duplicate Share certificate, in lieu of old one, will be issued. This is for your information and record. Kindly acknowledge the receipt. CLARIANT CHEMICALS (INDIA) LTD. - 506390 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
As per Regulation 39(3) of SEBI (Listing obligations and disclosure requirement) Regulations, 2015, we enclose herewith the information regarding Lost/Stolen/Fake/Duplicate Share Certificate received from our Shareholder(s)/ Link Intime India Pvt. Ltd. (RTA) in respect of which Stop Transfer has been marked. After complying with the required formalities by the shareholder, Company and/or RTA, a Duplicate Share certificate, in lieu of old one, will be issued. This is for your information and record. Kindly acknowledge the receipt. Q2FY22 Quarterly Result Announced for Clariant Chemicals (India) Ltd.
Highlights: Clariant Chemicals’ Half Yearly Sales rose to Rs. 407.6 Crore and Profit before tax at Rs. 25.6 Crore The Sales rose by 8%, at Rs. 194.9 crore, for the quarter ended September 30, 2021 as against Rs. 180.8 crore for the corresponding quarter in the previous year. However, Profit before exceptional item & tax stood at Rs. 6 crore for the quarter ended September 30, 2021, as compared to Rs. 12.2 crore for the quarter ended September 30, 2020. For half year ended September 2021, the Profit before exceptional item & tax stood at Rs. 25.6 crore as compared to Rs. 16.3 crore for half year ended September 2020 – witnessing a strong recovery from the pandemic that has affected global trade in recent times. The Company reported sales of Rs. 407.6 crore in the first half of 2021, as against Rs. 309.8 crore for the corresponding half of the previous year. The company reported Profit before exceptional items & tax of Rs. 6.0 crore for the quarter ended September 30, 2021, as compared to Rs. 19.6 crore for the quarter ended June 30, 2021 – witnessing a decline. The Sales declined by 8% at Rs. 194.9 crore, for the quarter ended September 30, 2021 as against Rs. 212.8 crore in the previous quarter. In general the overall industry was impacted by the increasing raw material and freight costs. The first half of this fiscal continued to exhibit strong resilience despite the headwinds faced by the markets. Result PDF Clariant Chemicals (India) Ltd - 506390 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
We are attaching herewith Media Release titled 'Clariant Chemicals' Half Yearly Sales rose to Rs. 407.6 Crore and Profit before tax at Rs. 25.6 Crore'. CLARIANT CHEMICALS (INDIA) LTD. - 506390 - Announcement under Regulation 30 (LODR)-Change in Directorate
We wish to inform you that Mr. Adnan Ahmad has informed today to the Nomination & Remuneration Committee ('the Committee') and the Board that he will retire on December 31, 2021. Consequently, he has served his resignation from the position of Vice-Chairman & Managing Director of the Company effective from January 1, 2022. The same has been noted and taken on record by the Committee and the Board. CLARIANT CHEMICALS (INDIA) LTD. - 506390 - Board Meeting Outcome for Outcome Of Board Meeting - November 11, 2021
We wish to inform you that the Board of Directors of the Company have at their meeting held on November 11, 2021, inter alia, approved and taken on record the following: 1. Unaudited Financial Results and Limited Review Report for the quarter and half year ended September 30, 2021 along with the Statement of Assets and Liabilities and Cash Flow Statement as on September 30, 2021; 2. Mr. Adnan Ahmad has informed today to the Nomination & Remuneration Committee ('the Committee') and the Board that he will retire on December 31, 2021. Consequently, he has served his resignation from the position of Vice-Chairman & Managing Director of the Company effective from January 1, 2022. The same has been noted and taken on record by the Committee and the Board; 3. Pursuant to the Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, we hereby submit the following details of change in Directorate of the Company due to resignation: