Banaras Beads fixes Book Closure
Banaras Beads Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from September 22, 2005 to September 29, 2005 (both days inclusive) for the purpose of 25th Annual General Meeting of the Company to be held on September 29, 2005. Banaras Beads - Updates
With reference to the earlier announcement regarding disputes between management to control the affairs of the Company is going on since 1998, Banaras Beads Ltd has informed BSE that in this regard Company petition No 14/99 filed by Shri Raj Kumar Gupta (Ex-Director) against the Company, Directors & others before Hon'ble Company Law Board, New Delhi, is still pending. The Hon'ble CLB is trying to resolved the disputes at their end and appointed Valuers... Banaras Beads - Updates
Banaras Beads Ltd has informed BSE that Company petition No. 14/99 filed by Shri Raj Kumar Gupta (Ex-Director) against Company, Directors & others before Hon'ble Company Law Board, New Delhi is still pending. The Hon'ble CLB is trying to resolve the dispute at their end & appointed Valuers Shri R S Ahuja & Co., Chartered Accounts & Shri A R Ramanathan, Ex Member of CLB, both have submitted their report, further process is going on.... Banaras Beads - Updates
Banaras Beads Ltd has informed BSE that the Valuers, Shri R S Ahuja & Co, Chartered Accountants and Shri A R Ramanathan, Ex Member of CLB, who have been appointed by the Hon'ble Company Law Board, have submitted their reports and the further process is going on.The Hon'ble bench has fixed next date as May 05, 2005, for further directive.... Banaras Beads - Hon'ble Valuer to decide fair value of shares
Banaras Beads Ltd has informed BSE that the Learned Valuer Shri A Ramnathan, Ex Member of CLB, (appointed by the Hon'ble Company Law Board, New Delhi) has fixed another date January 14 & 15, 2005 for final hearing, in the matter of Company Petition No. 14/99, Raj Kumar Gupta Vs. Banaras Beads Ltd and others. Thereafter the Hon'ble Valuer will decide the fair value of shares of the Company for division purposes. Banaras Beads - Update
Banaras Beads Ltd has informed BSE that the Chairman of the company at the AGM of the company held on May 13, 2004 has briefed to the members of the company that the company has set up a new plant (Glass Furnace) at its unit G.T. Road, Tandia, Varanasi to bring some improvements and additions for achieving better efficiency and profitability. The production of Glass rods have been started from this plant.... Banaras Beads - Company Law Board orders regarding division of company
Banaras Beads Ltd has informed BSE that the Hon'ble Company Law Board issued Order and appointed M/s R.S.Ahuja & Co. Chartered Accountants, New Delhi as Valuer for division of the company.