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STEEL STRIPS WHEELS LTD.-$ - 513262 - Announcement under Regulation 30 (LODR)-Newspaper Publication

 In compliance to Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 please find enclosed a copy of advertisement published in the newspapers regarding Un-Audited Financial Results for the Quarter and Half Year ended 30.09.2019. The advertisement is published, one in English language national daily newspaper (Financial Express) and one in Punjabi language newspaper (Desh Sewak Punjab), in the region, where our registered office is situated.
11-11-2019
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STEEL STRIPS WHEELS LTD.-$ - 513262 - Update On Mehsana Alloy Wheel Plant.

 We wish to inform you that our Mehsana Alloy Wheel plant is expected to attain 65-70% production capacity by March 2020 with firm order commitment coming from customers. The plant has the capability to have operational breakeven at less than 30% capacity utilization and will cover all the financial expenses at 45-50% capacity utilization. We expect the Mehsana plant to start contributing to Net cash accruals for SSWL in Q4 of FY 2019-20. The plant will start contributing towards EBIDTA accretion starting Q4 of FY 2019-20 to balance the product portfolio and help in de-risking the existing business. Below is the tentative Firm order Schedule from the customers for Mehsana Plant from Q1 onwards indicating that Mehsana plant can attain Full Capacity utilization by Q2 for Next Financial year. Potentially Mehsana will contribute close to Rs. 350Crs to Net turnover of SSWL in FY 2020-21.
08-11-2019
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Steel Strips Wheels Ltd - 513262 - Financial Results For The Quarter And Half Year Ended 30/09/2019 Alongwith The Auditor''s Limited Review Report

 Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Regulations'), we wish to inform you that the Board of Directors of the company held today i.e. 08.11.2019, have interalia approved the followings: 1. Upon recommendation of the Audit Committee, the Board of Directors has approved the Un-audited Financial Results as per Indian Accounting Standards (IND AS) for the Quarter and Half Year ended 30th September, 2019 alongwith Cash Flow Statement and the Statement of Assets and Liabilities as on 30th September, 2019 (enclosed herewith). The Board of Directors took note of the Limited Review Report of the Statutory Auditors on the Un-audited Financial Results for the Quarter and Half Year ended 30th September, 2019 (enclosed herewith). The Limited Review Report of the Statutory Auditors is with unmodified opinion with respect to the Un-audited Financial of the Company for the Quarter and Half Year ended 30th September, 2019.
08-11-2019
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Steel Strips Wheels Ltd - 513262 - Outcome of Board Meeting

 Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Regulations'), we wish to inform you that the Board of Directors of the company held today i.e. 08.11.2019, have interalia approved the following: 1. Upon recommendation of the Audit Committee, the Board of Directors has approved the Un-audited Financial Results as per Indian Accounting Standards (IND AS) for the Quarter and Half Year ended 30th September, 2019 alongwith Cash Flow Statement and the Statement of Assets and Liabilities as on 30th September, 2019 (enclosed herewith). The Board of Directors took note of the Limited Review Report of the Statutory Auditors on the Un-audited Financial Results for the Quarter and Half Year ended 30th September, 2019 (enclosed herewith). The Limited Review Report of the Statutory Auditors is with unmodified opinion with respect to the Un-audited Financial of the Company for the Quarter and Half Year ended 30th September, 2019.
08-11-2019
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Steel Strips Wheels Ltd - 513262 - SSWL OCTOBER SALES HIGHLIGHT

 SSWL achieved October 2019 total wheel rim sales of 10.55 Lacs Vs 14.50 Lacs in October 2018 representing a de-growth of 27% YoY. The number is lower due to the fact that October was the second highest sale figure for SSWL ever. The base effect of last year's festive sales was the reason for large dip in sales volumes. SSWL has achieved gross turnover of Rs 125.79 Crs in October 2019 Vs 249.36 Crs in October 2018, there by recording a de-growth of 50% and achieved Net turnover of Rs.104.00 Crs in October 2019 Vs Rs.204.04 Crs in October 2018, recording a de-growth of 50%. The Highest Ever Base effect of October 2019 is the main reason for larger drop due to very large contribution of CV segment in last year. The major drag still continues to be from CV segment. Segment wise Breakup of growth Segment October Growth (YoY) Passenger Car -21% Exports +1% Tractor -31% Truck -77% 2 & 3 Wheelers -16% Overall -27%
02-11-2019
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Steel Strips Wheels Ltd - 513262 - Announcement under Regulation 30 (LODR)-Newspaper Publication

 Sub: Intimation of Newspaper Publication regarding Notice of Board Meeting scheduled to be held on 08.11.2019. Dear Sir, In compliance to Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 please find enclosed a copy of advertisement published in the newspapers regarding Board Meeting to be held on 08.11.2019. The advertisement is published, one in English language national daily newspaper (Financial Express) and one in Punjabi language newspaper (Desh Sewak Punjab), in the region, where our registered office is situated. Kindly take the same on your records for reference.
31-10-2019
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Steel Strips Wheels Ltd - 513262 - Intimation Pursuant To SEBI Circular SEBI/HO/MIRSD/DOS3/CIR/P/ 2018/139 Dated 6Th November 2018, Standardized Norms For Transfer Of Securities In Physical Mode

 Pursuant to SEBI Circular SEBI/HO/MIRSD/DOS3/CIR/P/2018/139 dated 6th November 2018, the Company has received requests from the following transferee(s) to transfer the below mentioned securities held in the name(s) of the security holder(s) mentioned there against as detailed below, to his/her/their name(s). These securities were claimed to have been purchased by him / her / them and could not be transferred in his/her/their favour. Folio No. Name(s) of the Holder(s)/Transferor Security Type and FaceValue Number of Securities Distinctive Nos. From - To Name(s) of the Transferee(s) 0001645 Kamla H Dadlani/ Harjas N Dadlani Equity shares of Rs. 10/- each 100 4239801-4239850 4239851-4239900 Ranvijay Kumar Pandey The Company has, upon non receipt of any objection form the concerned within a period of 30 days from the date of publish of advertisement in newspapers, transferred the securities in favour of the above Transferee(s) as per the details mentioned above.
31-10-2019
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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.-$has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 08/11/2019 ,inter alia, to consider and approve Pursuant to Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI Regulations'), we wish to inform you that a meeting of the Board of Directors of the Company is scheduled to be held on Friday, the 8th day of November 2019, inter alia, to consider and approve the Un-Audited Financial Results of the Company for the quarter and six months ended 30.09.2019. Further please be informed that, pursuant to the provisions of the Company''s Code for prevention of Insider Trading and the Circular issued by the Stock Exchanges and as per our earlier submission vide letter dated 01.10.2019, the Trading Window for dealing in the securities of the Company has been closed with effect from 01st October, 2019 and would remain closed until 48 hours after the announcement of the Un-Audited Financial Results of the Company for the quarter and six months ended 30.09.2019 to the public. Kindly take the same on your records.
29-10-2019
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STEEL STRIPS WHEELS LTD.-$ - 513262 - Compliance Under Regulation 40(10) Of The Securities Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015

 Pursuant to captioned regulation, please find enclosed herewith a copy of the certificate, received from a Company Secretary in Practice as required under Regulation 40(9) of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, for the half year ended September 30, 2019.
23-10-2019
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Steel Strips Wheels Ltd - 513262 - Shareholding for the Period Ended September 30, 2019

 Steel Strips Wheels Ltd has submitted to BSE the Shareholding Pattern for the Period Ended September 30, 2019. For more details, kindly Click here
16-10-2019
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