Bigul

STEEL STRIPS WHEELS LTD.-$ - 513262 - SSWL Receives New Orders For Over USD 170K From US

SSWL is glad to inform that it has bagged firm exports orders for over 10,700 wheels for US Caravan Trailer Market to be executed in the month of July & August from its Chennai plant. As EU & US markets turn steady, post the COVID 19 pandemic lockdown, this comes as a reaffirmation for resuming operations. Similar orders are expected in times to come from other regular customers as the market regains normalcy. This will support further ramping up of production at Chennai steel wheels plant. Kindly take the above on your records please.
01-07-2020

Steel Strips Wheels shares jump 7% on new orders from US

The order comprises supplies of close to 14,000 steel wheels to be executed in the month of July and August from its Chennai plant, the company said in a filing to the exchanges.
30-06-2020
Bigul

STEEL STRIPS WHEELS LTD.-$ - 513262 - Circular Resolution- Board Authorizes Management To Induct Strategic/ Financial Investor

We are pleased to inform you that the Board of Directors vide its Circular Resolution No. 02/2020 dated 30.06.2020 authorized the Management to induct Strategic/ Financial Investor in order to bring down long term debt and sharpen its leadership position in its various product lines. Kindly take the above on your records please.
30-06-2020
Bigul

STEEL STRIPS WHEELS LTD.-$ - 513262 - SSWL Receives New Orders For Over USD 315K From US

SSWL is glad to inform that it has bagged fresh Export orders for Truck & Caravan Trailer Market from USA. Order comprises supplies of close to 14,000 steel wheels to be executed in the month of July & August from its Chennai plant. Total revenue generated by this additional order would be over 315K USD. Repetitive orders are expected in coming weeks from several other regular customers as the market begins its recovery. This will support further ramping up of production at Chennai steel wheels plant.
30-06-2020
Bigul

STEEL STRIPS WHEELS LTD.-$ - 513262 - Cancellation of Board Meeting

The Board Meeting to be held on 30/06/2020 Stands Cancelled.
25-06-2020
Bigul

STEEL STRIPS WHEELS LTD.-$ - 513262 - Update Regarding Release Of Shares And Status Of Pledged Shares Of The Promoter Group Of Steel Strips Wheels Limited

We wish to inform you that the promoters along with the persons acting in concert holds 9797952 equity shares in Steel Strips Wheels Limited, which is 62.85% of the total paid up capital of the company and out of which 4764965 equity shares were pledged which is 30.56% of total paid up capital of the company and 48.63% of total promoter shareholding. On 24.06.2020, 2,00,000 shares were released from the pledge and accordingly, now the number of shares pledged has been reduced to 4564965, which is 29.28% of total paid up capital of the company and 46.59% of total promoter shareholding.
25-06-2020
Bigul

STEEL STRIPS WHEELS LTD.-$ - 513262 - Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011.

The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on June 25, 2020 for Chandigarh Developers Pvt Ltd
25-06-2020
Bigul

STEEL STRIPS WHEELS LTD.-$ - 513262 - SSWL Receives New Orders For Over EUR 130K From EU & US

SSWL has bagged firm exports orders for over 13,000 wheels for EU Caravan Trailer & US Mobile Home Market to be executed in July from its Chennai plant. Volumes start picking up in EU & US as customers gradually ramp-up their operations post Covid lockdown. Additional orders are expected in coming weeks from several other regular customers as the market begins its recovery. This will support further ramping up of production at Chennai steel wheels plant.
25-06-2020
Bigul

Steel Strips Wheels share price jumps 5% on bagging exports order

Steel Strips Wheels share price gained 19% in one week and 35% in one month, respectively. SSWL stock has given 20% returns to investors in the last 4 days
24-06-2020
Bigul

STEEL STRIPS WHEELS LTD.-$ - 513262 - SSWL Receives New Orders For Over USD 170K From US & EU

SSWL has bagged firm exports orders for over 20,000 wheels for US & EU Caravan Trailer Market to be executed from July until November from its Chennai plant. This reaffirms gradual ramp-up of operations in EU & US post Covid lockdown. Additional orders are expected in coming weeks from several other regular customers as the market begins to recover. This will support further ramping up of production at Chennai steel wheels plant
24-06-2020
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