ESTER INDUSTRIES LTD. - 500136 - Closure of Trading Window
In terms of Company's 'Code of Conduct to Regulate, Monitor and Report Trading by Insiders', the Trading Window for dealing in the shares of the Company will be closed from '1st January, 2022 till end of 48 hours after declaration of the financial results for the quarter ended on 31st December, 2021'. ESTER INDUSTRIES LTD. - 500136 - Announcement under Regulation 30 (LODR)-Credit Rating
Credit Intimation pertaining to credit rating is enclosed herewith. ESTER INDUSTRIES LTD. - 500136 - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Pursuant to Regulation 74 (5) of SEBI (Depositories and Participants) Regulations, 2018, we are enclosing herewith the details of Dematerialised shares (as provided by our RTA) during the month of November, 2021. Further our RTA has confirmed that all share certificates have been mutilated and cancelled. ESTER INDUSTRIES LTD. - 500136 - Disclosure Of Related Party Transactions For The Half Year Ended On 30Th September, 2021
Pursuant to Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the details of related party transactions drawn in accordance with applicable accounting standards for the half year ended on 30th September, 2021. Q2FY22 Quarterly Result Announced for Ester Industries Ltd.
Highlights: Q2 FY22 Revenue up 33%; H1 Revenue grows 49% Commenting on the performance, Mr. Arvind Singhania, Chairman, Ester Industries said: “We have had a good first half with revenues expanding 50% over the previous year. All our businesses continue to perform well, helping us sustain the growth momentum. Specialty Polymer business delivered yet another quarter of solid performance on the back of good demand and off-take for our products. Demand for MB-03, one of our marquee products continues to remain strong, as reflected by the strong volume growth during the quarter. Innovative PBT as well maintained its momentum with a volume growth of 27% over the previous year. In addition to the existing products, demand for some of our newly introduced products like MB 07 & LMC 03 as well remain encouraging. As mentioned earlier, we expect the sales of the new products to pick up pace over the following quarters. Furthermore, we are also close to achieving techno commercial qualification for some of our other products as well, which once approved and commissioned should help us drive the revenues in the years to come. Performance of Film business would have been better but for lower production owing to plant shut down for maintenance. Margins moderated largely owing to new capacities getting commissioned. Furthermore, higher shipping costs caused by global supply chain disruption impacted both margins and volume of export sales. Benign margin environment coupled with lower production owing to plant shut down for maintenance resulted in lower profitability during the quarter. Though the margin / profitability scenario is likely to remain subdued over short to medium term, we are working relentlessly to mitigate the same by higher volume of value added and off-line coated products. Lastly, commissioning of our new BOPET plant as well should help scale up our business in the coming years. Engineering plastics business performed well with significant improvement in profitability. Demand from end-user customers remained buoyant which coupled with favourable pricing environment resulted in revenue growth of 51% for the quarter. We expect the business to perform well going forward as well. Eliminating the impact of increase in feedstock prices from raw material consumption and revenues from operations, the EBITDA margin for the Company would have been 24%. We believe we are well placed to deliver growth and create value for our stakeholders.” Result PDF ESTER INDUSTRIES LTD. - 500136 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
We wish to submit the Press Release on financial results for the quarter and period ended on 30th September, 2021. ESTER INDUSTRIES LTD. - 500136 - Announcement under Regulation 30 (LODR)-Investor Presentation
We wish to submit the Investor presentation on financial results for the quarter and period ended on 30th September, 2021. ESTER INDUSTRIES LTD. - 500136 - Corporate Action-Board approves Dividend
We wish to intimate you that a meeting of the Board of Directors of the Company was held on Friday, 12th November, 2021. The meeting was commenced at 12:43 PM and concluded at 1:22 PM. During the meeting, the Board, amongst other items of Agenda, declared the Interim dividend of Rs. 1.40/- (Rupee One and Forty paisa only) per equity share for the financial year 2021-22. Record date for the payment of said Interim Dividend is Tuesday, 23rd November, 2021. The Dividend will be paid on or before 11th December, 2021. Ester Industries Ltd - 500136 - 1) Outcome Of The Board Meeting 2) Submission Of Financial Results For Quarter Ended On 30Th September, 2021 3) Intimation Regarding Declaration Of Interim Dividend For Financial Year 2021-22
We wish to intimate you that a meeting of the Board of Directors of the Company was held on Friday, 12th November, 2021. The meeting was commenced at 12:43 PM and concluded at 1:22 PM. During the meeting, the Board, amongst other items of Agenda, approved the following matters - 1. Approval of the Un-audited Financial Results for the quarter and period ended on 30th September, 2021. 2. Declaration of Interim dividend of Rs. 1.40/- (Rupee One and Forty paisa only) per equity share for the year financial year 2021-22. Record date for the payment of said Interim Dividend is Tuesday, 23rd November, 2021. The Dividend will be paid on or before 11th December, 2021. Pursuant to the requirement of Regulation 33 of SEBI (LODR) Regulation, 2015, we wish to submit the approved Un-audited Financial Results for the quarter and period ended on 30th September, 2021 along with Limited Review Report. Ester Industries Ltd - 500136 - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Pursuant to Regulation 74 (5) of SEBI (Depositories and Participants) Regulations, 2018, we are enclosing herewith the details of Dematerialised shares (as provided by our RTA) during the month of October, 2021. Further our RTA has confirmed that all share certificates have been mutilated and cancelled.