Public Announcement to the equity shareholders of Shanthi Gears Limited ("Target")
Enam Securities Pvt. Ltd ("Manager to the Offer") has informed BSE that Tube Investments of India Limited ("Acquirer") has entered into a Share Purchase Agreement ("SPA") on July 13, 2012 with the Promoter/Promoter Group of Shanthi Gears Limited for the purchase of 3,60,50,291 equity shares of Re. 1/- each, representing 44.12% of its share capital.... Clarifies on news item
With reference to the news item appearing in a leading financial daily titled "Bharat Forge in Talks to Acquire a Major Stake in Shanthi Gears, Shanthi Gears Ltd has clarified to BSE that the Company is not familiar with the decision of the individual shareholders and the Company is not aware of any such decision. The Company is given to understand that shareholders may be open to such decision but the Company is not aware of any concrete information in this regard. Auditors Report for March 31, 2012
Shanthi Gears Ltd has submitted to BSE a Copy of the Auditors Report for the period ended March 31, 2012. Fixes Book Closure for Dividend & AGM
Shanthi Gears Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from June 23, 2012 to June 30, 2012 (both days inclusive) for the purpose of Payment of Dividend & Annual General Meeting (AGM) of the Company to be held on July 23, 2012. Board recommends Dividend
Shanthi Gears Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 25, 2012, inter alia, have recommended a Dividend of Re. 1 per equity share of Re. 1 each (100%) subject to approval of Shareholders. Financial Results for March 31, 2012
Shanthi Gears Ltd has informed BSE about the Financial Results for the period ended March 31, 2012. Board to consider Dividend
Shanthi Gears Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 25, 2012, to consider and take on record the Audited Financial Results for the Year ended March 31, 2012 and to recommend dividend. Publish Audited Results
Shanthi Gears Ltd has informed BSE that the Company will be publishing the Audited Results for the year ended March 31, 2012 on or before May 30, 2012 instead of publishing the Un-audited results for the Last Quarter ended March 31, 2012. Limited Review for Dec 31, 2011
Shanthi Gears Ltd has submitted to BSE a Copy of the Limited Review Report for the period ended December 31, 2011.