Annual report for Steel Strips Wheels Ltd. for FY-2023
26-05-2023
STEEL STRIPS WHEELS LTD.-$ - 513262 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to the provisions of Regulation 30(6) of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015, we wish to inform you that the Company''s Analysts/ Investors conference call on 'Q4FY23 Earnings to discuss results & future outlook of business' has been fixed. The schedule of the said conference call is as follows: S.No. Details required Particulars 1 Details pertaining to the meet/call SMIFS Limited on Friday, 26th May, 2023 at 3:00 p.m. 2 Venue Virtual 3 Mode of attending Conference Call 4 Details pertaining to registrations As per details enclosed 5 Disclaimers/note to complete/ease registration/attending the call 6 Details regarding specific platform requirements, if any 7 Inclusions/exclusions of audience/participants, if any Note: Changes to the schedule may happen due to exigencies on part of analysts/investors or the Company. Further, we are also enclosing herewith the details of the conference call for ready reference and same shall be accessible on the website of the Company i.e. www.sswlindia.com. Please note that no unpublished price sensitive information is proposed to be shared by the Company during the aforesaid Investor Conference(s). Kindly take the same on your records for reference.25-05-2023
NFRA imposes five-year ban, Rs 5 lakh penalty on auditor for lapses
The National Financial Reporting Authority (NFRA) on Friday slapped a fine of Rs 5 lakh and a five-year ban on Rakesh Puri for alleged professional misconduct in connection with the audit of Sun and Shine Worldwide Ltd (SSWL) for the financial years 2012-13 and 2013-14. SSWL, now known as Johnson Pharmacare Ltd, is a BSE-listed company and was dealing in commodity futures trading during period of audit assessed by the regulator. In its order, NFRA levied a fine of Rs 5 lakh on the auditor Rakesh Puri, a partner of Y.D. & Company. Besides, Puri has been debarred for a period of five years from undertaking any audit in respect of financial statements or internal audit of the functions and activities of any company or body corporate during the ban period. The regulator received information from Sebi pertaining to overstatement in reporting of sales and purchase figures to the tune of Rs 1,417 crore in the financial statements of SSWL for 2012-13 and 2013-14. Accordingly, an...19-05-2023
STEEL STRIPS WHEELS LTD.-$ - 513262 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Pursuant to Regulation 39(3) of SEBI Listing Regulations, this is to inform you that the Company via RTA, Link Intime India Private Limited, New Delhi, has received an intimation regarding loss of share certificates from below shareholders: Folio No. Name Certificate No. Distinctive No. No. of Shares 0001885 JATIN GOKALDAS ASHAR 82 122601 - 123100 500 The Company shall approve and issue Letter of confirmation upon satisfaction of all the necessary documents required for processing the requests. Enclosed herewith e-mail Intimations received from RTA. Kindly take the same on your records please.19-05-2023
STEEL STRIPS WHEELS LTD.-$ - 513262 - Board Meeting Intimation for Prior Intimation Of Board Meeting Under Regulation 29 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
STEEL STRIPS WHEELS LTD.-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/05/2023 ,inter alia, to consider and approve Pursuant to Reg. 29 of SEBI (LODR) Regulations, 2015, we wish to inform you that a meeting of the Board of Directors is scheduled to be held on Friday, the 26th day of May 2023, inter alia, To consider and approve the Audited Financial Results of the Company on Standalone and Consolidated basis for the quarter and year ended 31.03.2023 along with the Auditors' report thereon. To consider and recommend the payment of Final Dividend for the FY 2022-23, if any. To consider and recommend the re-appointment of Sh. Dheeraj Garg (DIN: 00034926) as Managing Director of the Company To consider and recommend the re-appointment of Sh. Manohar Lal Jain (DIN: 00034591) as Executive Director of the Company. To consider and recommend the re-appointment of Sh. Andra Veetil Unnikrishnan (DIN: 02498195) as Executive Director of the Company. To consider and recommend the re-appointment of Sh. Virander Kumar Arya (DIN: 00751005) as Non-Executive Director -Independent Director of the Company.15-05-2023
STEEL STRIPS WHEELS LTD.-$ - 513262 - Revised Disclosure Under Regulation 23 (9) Of The SEBI (Listing Obligation And Disclosure Requirement Regulations) 2015 (SEBI (LODR) Regulations For The Half Year Ended September 30, 2022
Pursuant to the provisions of Regulation 23 (9) of the SEBI (LODR) Regulations, 2015 and submission dated November 02, 2022 regarding Related Party Transactions (RPT) for the half year ended September 30, 2022, it is hereby informed that we have inadvertently missed to disclose few items in the RPT disclosure. In view of above, following additions have been made in the enclosed revised RPT disclosure for the half year ended September, 30, 2022: Sitting fees paid to the Non-Executive Directors (including Independent Directors) of the Company Dividend paid to Non-Executive Director, Independent Director and their respective relatives including relative of Whole Time Director (KMP) of the Company. Effect of issue of equity shares under ESOS Scheme, 2016 of the Company. Further, apart from above additions, the amount of sitting fees paid to the Chairman of the company is also being revised.10-05-2023
STEEL STRIPS WHEELS LTD.-$ - 513262 - : SSWL Records Nett. Monthly Sales Of 317 Cr Highest Ever Exports In Last 12 Months By Volume Monthly Sales In Alloy Segment (Up By 14% YOY) Monthly Exports Sales (Up By 13% YOY)
SSWL achieved Net turnover of Rs 317.11 Cr in April 2023 vs Rs. 329.14 Crs in April 2022 with de growth of 3.65 % YOY and achieved Gross turnover of Rs. 389.54 Cr vs Rs. 405.96 Crs in April 2022 there by recording de growth of 4.04% YOY. Segment wise Breakup of growth: Segment (YOY) April-23 Growth (by Nos.) April-23 Growth (by Value) Exports 48% 13% Alloy Wheels 19% 14% Truck 1% -11% 2 & 3 Wheelers 0% -7% Tractor -2% -3% Passenger Car -19% -26% Overall 0% -4% Kindly take the above on your records please.02-05-2023
STEEL STRIPS WHEELS LTD.-$ - 513262 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Pursuant to Regulation 39(3) of SEBI Listing Regulations, this is to inform you that the Company via RTA, Link Intime India Private Limited, New Delhi has received an intimation regarding loss of share certificates from below shareholders: Folio No. Name Certificate No. Distinctive No. No. of Shares 0036083 Hanasa Pradip Somaiya 1004 1237601- 1238100 500 0036101 Hanasa Pradip Somaiya 1006 1239101- 1241600 2500 0032001 Hanasa Pradip Somaiya 872 1076101- 1078100 2000 The Company shall approve and issue duplicate share certificates upon satisfaction of all the necessary documents required for processing the requests. Enclosed herewith e-mail Intimations received from RTA.24-04-2023
STEEL STRIPS WHEELS LTD.-$ - 513262 - Compliance Under Regulation 40(10) Of The Securities Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015 (SEBI Listing Regulations, 2015) For The Year Ended March 31St, 2023
Pursuant to Regulation 40(10) of the SEBI Listing Regulations, 2015, please find enclosed herewith a copy of the compliance certificate issued by Sh. Sushil Kumar Sikka, Practicing Company Secretary as required under Regulation 40(9) of the SEBI Listing Regulations, 2015 for the year ended March 31st, 2023. Kindly take the same on your records please.18-04-2023
STEEL STRIPS WHEELS LTD.-$ - 513262 - Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
Format of Initial Disclosure to be made by an entity identified as a Large Corporate. Sr. No. Particulars Details 1Name of CompanySTEEL STRIPS WHEELS LTD.- 2CIN NO.L27107PB1985PLC006159 3 Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr) 221.61 4Highest Credit Rating during the previous FY A+ 4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)INDIA RATINGS AND RESEARCH PVT. LTD. 5Name of Stock Exchange# in which the fine shall be paid, in case of shortfall in the required borrowing under the frameworkBSE We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. No Name of the Company Secretary: SHAMAN JINDAL Designation: COMPANY SECRETARY EmailId: [email protected] Name of the Chief Financial Officer: NAVEEN SOROT Designation: CHIEF FINANCIAL OFFICER EmailId: [email protected] Date: 13/04/2023 Note: In terms para of 3.2(ii) of the circular, beginning F.Y 2022, in the event of shortfall in the mandatory borrowing through debt securities, a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore, an entity identified as LC shall provide, in its initial disclosure for a financial year, the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.13-04-2023