Munjal Showa Board recommends dividend
Munjal Showa Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 10, 2005, inter alia, has recommended a dividend @ 75% i.e; Rs 7.50 per Equity Share of Rs 10 each for the financial year 2004-05. Munjal Showa - Updates
Munjal Showa Ltd has informed BSE that to meet the demand of Shock Absorbers of the OEMs, the Company has planned capital expenditure of about Rs 400 million in 2005-06 in its two plants situated at 26 E & F, Sector 3, Manesar, Gurgaon and 9-11, Mandi Industrial Area, Gurgaon, Haryana. The capacity from this investment will increase by around 30% of the present capacity. Munjal Showa Board to recommend dividend
Munjal Showa Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 10, 2005, inter alia, to consider the following:1. Take on record the Audited Financial Results for the year ended March 31, 2005.2. Recommend dividend for the year ended March 31, 2005. Munjal Showa - Inauguration of new manufacturing plant
Munjal Showa Ltd has informed BSE that the Company is inaugurating the new manufacturing facility at Manesar, Gurgaon, Haryana on April 13, 2005. Mr. M Matsushima- President of Showa Corporation- Japan (Foreign Collaborator) will grace the occasion. Size of land of Manesar plant is approximately three times bigger than Gurgaon plant. This new plant will be able to cater to the growth in demand of the existing and new customers. Munjal Showa - Company Update
Munjal Showa Ltd has informed BSE that the company has been informed by one of its customer that the company's product (Front Dampers) fitted in their vehicles do not confirm to the approved quality standards. As per the General Purchase Agreement clauses so entered into with the company's customer and as matter of goodwill, the company has decided to replace the Front Dampers fitted to the existing vehicles sold by the customer in the last few months.... Munjal Showa Board recommends dividend
Munjal Showa Ltd has informed BSE that at the meeting of the BoD of the company held on May 8, 2004, have recommended a dividend of 7.5% for the year ended March 31, 2004, subject to the approval of the shareholders. Munjal Showa shares delisted from ASE
Munjal Showa Ltd has informed BSE that the equity shares of the company have been delisted from the Ahmedabad Stock Exchange wef March 31, 2004. Munjal Showa clarifies on news item
With reference to the news item appearing in a leading financial daily, Munjal Showa Ltd has informed BSE that it is true that company is a single source supplier to M/s Honda Siel Cars Ltd (HSCL) for Hi Tech Front Struts and Rear Struts. The value of total business is in the range of Rs 50 million per annum and not Rs 4000 million as mentioned in news item. The company has not received any Rs 4000 million order from Honda Siel... Munjal Showa members approve delisting from 4 Stock Exchanges
Munjal Showa Ltd has informed that at the Annual General Meeting held on August 26, 2003, the members have approved voluntary delisting from Ahmedabad, Kolkata, Ludhiana and Delhi Stock Exchanges. Munjal Showa Q1 net up by 42.66%
Munjal Showa Ltd has posted a net profit of Rs 65.92 million for quarter ended June 30, 2002 as compared to Rs 46.21 million for quarter ended June 30, 2001. Total income has increased from Rs 687.77 million in JQ-01 to Rs 895.92 million in JQ-02.