Compliance Certificate Under Regulation 7(3) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 For The Half Year Ended 31St March,2017
Compliance Certificate under Regulation 7(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the half year ended 31st March,2017 Certificate Under Regulation 40(9) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 For The Half Year Ended 31St March 2017
Certificate under Regulation 40(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 for the half year ended 31st March 2017 Shareholding for the Period Ended March 31, 2017
MRF Ltd has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2017. For more details, kindly Click here Statement of Investor Complaint under Reg. 13(3) of SEBI (LODR) Regulations, 2015 for Quarter ended March 31, 2017
MRF Ltd has informed BSE regarding Quarterly Statement on Investor Complaints / Grievances Redressal Mechanism for the Quarter ended March 31, 2017, under Regulation 13(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
MRF, JK Tyres and others benefiting from fall in rubber prices
Tyre companies, including MRF Limited, JK Tyres and Apollo Tyres are seeing share prices trading above their 200 day SMAs, with MRF hitting an all-time high thanks to falling rubber prices. An inventory buildup has resulted in sharp rubber price falls that are expected to sustain for a while, as rubber producing countries Indonesia and Thailand prepare to get rid of built-up inventory. The Association of Natural Rubber Producing Countries (ANRPC) recently forecast that the rubber output will exceed demand by over 3 million tonnes in 2017. Indian tyre companies - which had to bear raw material cost increases of 2-3% of company sales over the last twelve months - are set to gain from this. MRF for example, had seen its operating margin fall below 20% in recent quarters as it struggled to rein in costs. Now the companies are also set to increase prices since competition from imported Chinese tyres has reduced, with tyre imports shrinking sharply since February. The overall industry shift and rising consumer demand are according to analysts, expected to push these companies towards better quarterly performance in the coming months. Photo source: MRF Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Enam Securities Pvt Ltd Disclosure of Voting results of Postal Ballot (Regulation 44(3) of SEBI (LODR) Regulations, 2015)
MRF Ltd has informed BSE regarding the details of Voting results of Postal Ballot, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. Kindly Click here Disclosure of Voting results of Postal Ballot (Regulation 44(3) of SEBI (LODR) Regulations, 2015)
MRF Ltd has informed BSE regarding the details of Voting results of the Postal Ballot, under Regulation 44(3) of SEBI (LODR) Regulations, 2015 along with Scrutinizer's Report. Funskool looks at expanding market to Latin America, other markets
Funskool, a toy manufacturing company and part of MRF LKd, is looking at expanding its presence to the Latin American and the erstwhile USSR market to increase its exports. The company, which is expected to clock in a revenue of Rs 220 crore this year, is also looking at acquisitions in the international market with the help of KPMG. At present, around 20 per cent of its business is from exports and going forward, it is looking at a 50 per cent growth in exports during a year. It is currently exporting toys to Europe, UK, US and Australia. "We are looking at entering into Latin American countries and many of the erstwhile USSR countries. In USSR region we have already started our work by appointing a distributor and will start exports soon," said K John Baby, chief executive officer, Funskool (India) Ltd. Indonesia, Vietnam, Thailand and many of the African countries are less penetrated, but the market is not big. Thailand is estimated as one of the largest market, but it is close to .