Bigul

STEEL STRIPS WHEELS LTD.-$ - 513262 - Board Meeting Intimation for 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 30/06/2020 ,inter alia, to consider and approve Pursuant to Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI Regulations'), we wish to inform you that a meeting of the Board of Directors of the Company is scheduled to be held on Tuesday, the 30th day of June 2020, inter alia, to consider and approve the Audited Financial Results of the Company for the quarter and year ended 31.03.2020. Further please be informed that, pursuant to the provisions of the Company''s Code for prevention of Insider Trading and the Circular issued by the Stock Exchanges and as per our earlier submission vide letter dated 31.03.2020, the Trading Window for dealing in the securities of the Company has been closed with effect from 01st April, 2020 and would remain closed until 48 hours after the announcement of the Audited Financial Results of the Company for the quarter and year ended 31.03.2020 to the public. Kindly take the same on your records.
23-06-2020
Bigul

STEEL STRIPS WHEELS LTD.-$ - 513262 - Update With Respect To Re-Appointment Of Directors In Steel Strips Wheels Limited

Dear Sir/ Madam, This is with respect to the disclosure given by the Company dated 29.05.2020 as 'Outcome of Board Meeting' and Intimation given under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI Regulations'), in which we had inadvertently reported the tenure for re-appointment of Sh. Dheeraj Garg as Managing Director of the Company for a period of 5 years w.e.f 01.06.2020 and Sh. Manohar Lal Jain as Executive Director of the Company for a period of 5 years w.e.f 01.07.2020. However, the above said re-appointment of Sh. Dheeraj Garg as Managing Director of the Company was made for a period of 3 years w.e.f 01.06.2020 and Sh. Manohar Lal Jain as Executive Director of the Company for a period of 3 years w.e.f 01.07.2020. Kindly take the same on your records.
23-06-2020
Bigul

STEEL STRIPS WHEELS LTD.-$ - 513262 - Tractor Segment To Report Highest Ever Sales In Q2-2020-21

This is to inform the July to September quarter will report highest ever Tractor sales on the back of very strong farm segment activity. We expect tractor segment to report double digit growth and good accretive EBIDTA to the Q2 financials. The company expects to gain material market share in tractor segment in this financial year backed by improved delivery performance across all the customers. The capacity utilization of the segment will be operating at 105-107% and is expected to carry on going ahead into balance FY 20-21.
23-06-2020
Bigul

STEEL STRIPS WHEELS LTD.-$ - 513262 - Disclosure Regarding Material Impact Of COVID-19 On The Company

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/CMD1/CIR/P/2020/84 dated May 20, 2020, we enclose herewith the disclosure of material impact of Coronavirus (Covid-19) pandemic on the operations and performance of the Company. (Annexure 1) We hereby also state that the impact of Covid-19 pandemic on the Company will also depend on future developments that cannot be reliably predicted, including actions to contain or treat the disease and mitigate its impact on the economies of the affected countries, among others. The impact of global health pandemic might be different from what we estimate, and the Company will closely monitor any material changes to future economic conditions. Kindly take the same on your records for reference.
22-06-2020
Bigul

STEEL STRIPS WHEELS LTD.-$ - 513262 - SSWL Receives New Orders For Close To Euro 100K From Europe & US

SSWL has bagged firm exports orders for over 12,000 wheels for EU & US Caravan Trailer & US Mobile Home Market to be executed within July from its Chennai plant. This reaffirms gradual re-start 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.
22-06-2020
Bigul

STEEL STRIPS WHEELS LTD.-$ - 513262 - SSWL Wins Truck Steel Wheels New Order For Over USD 110K From USA

SSWL is glad to inform that it has bagged fresh Exports order for Truck & Trailer market from USA. Order comprises supplies of over 2,700 truck steel Wheels in July from its Chennai plant. Total revenue generated by this additional order would be over USD 110K. This repeat order from regular customer indicates SSWL's status as a preferred supplier in the high potential US Truck Trailer Steel wheels market. Additional orders for larger quantities are expected in coming weeks from several other regular customers in USA. This order accelerates the production ramp-up of SSWL Chennai Truck wheels plant post Covid19 shutdown. Kindly take the same on your records
19-06-2020
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 18, 2020 for Chandigarh Developers Pvt Ltd
18-06-2020
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 4889965 equity shares were pledged which is 31.37% of total paid up capital of the company and 49.91% of total promoter shareholding. Today, 1,25,000 share were released from the pledge and accordingly, now the number of shares pledged has been reduced to 4764965, which is 30.56% of total paid up capital of the company and 48.63% of total promoter shareholding. Kindly take the above on your record please.
18-06-2020

Steel Strips Wheels share rises 4% on export order

Order comprises supplies of close to 10,000 truck steel wheels in the period of June to September from its Chennai plant.
17-06-2020
Bigul

STEEL STRIPS WHEELS LTD.-$ - 513262 - SSWL Wins Truck Steel Wheels New Order For Over USD 400K From USA

SSWL is glad to inform that it has bagged fresh Exports order for Truck & Trailer market from USA. Order comprises supplies of close to 10,000 truck steel Wheels in the period of June to September from its Chennai plant. Total revenue generated by this additional order would be over USD 400K. This new order indicates gradual re-start of operations in US post Covid lockdown. Additional orders for larger quantities are expected in coming weeks from several other regular customers in USA. This order strengthens gradual production ramp-up of SSWL Chennai Truck wheels plant post Covid19 shutdown.
17-06-2020
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