Annual General Meeting Of Bajaj Finserv Limited Is Scheduled On 19 July 2017
Annual General Meeting of Bajaj Finserv Limited is scheduled on 19 July 201728-06-2017
28-06-2017
Bajaj Finserv topped all Midcaps in revenue growth for Q4
Among the midcap companies on the BSE, some firms had delivered especially stellar results in their fourth quarter, and will be watched in this Q1 to see if they can follow through. The result dashboard for BSE Midcap highlights the top companies for revenue growth YoY, net profit growth and operating profit growth YoY. The top company in revenue growth YoY (BSE Midcaps) in the previous quarter, was Bajaj Finserv. This NBFC's operating margins declined sharply due to smaller growth in the Life Insurance business, and low new business premiums. The company is also seeing rising competition from other NBFCs in a growing market. Revenue growth at 174% YoY however put it at the top of the heap. Ashok Leyland was the top performer among BSE Midcaps in net profit growth last quarter. However, it did benefit from a one time tax reimbursement which boosted the net profit number, and therefore we move to the next firm, JSW Steel, which saw a net profit growth of 489% for Q4 YoY. JSWSteel delivered on higher export sales, and benefited from higher steel prices. Outlook looks very strong for Indian steel firms like JSW Steel thanks to the anti-dumping duties on Chinese steel, and prioritising of Indian steel for government projects. The top performer in operating profit growth last quarter was the old standby Container Corporation of India. CONCOR's rising operating margins helped deliver operating profit growth of 151% YoY. The firm is expected to benefit in coming quarters from the transport consolidation post GST, thanks to its pan-India presence and its strong integration with rail freight. The rankings will change in Q1 overall for MidCap since businesses like Life Insurance and Auto have stronger sales in the latter quarters. But the strong growth bodes well for YoY performance for these companies.26-06-2017
Fixes Book Closure for Dividend & AGM
Bajaj Finserv Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from July 08, 2017 to July 19, 2017 (both days inclusive) for the purpose of Payment of Dividend & 10th Annual General Meeting (AGM) of the Company to be held on July 19, 2017.Payment of Dividend when declared at the 10th Annual General Meeting will be credited / dispatched between July 24 2017 and / or July 25, 2017.14-06-2017
Updates
We wish to intimate that in terms of section 108 of the Companies Act, 2013, read with rule 20 of the Companies (Management and Administration) Rules, 2014 as amended and Regulation 44 of SEBI Listing Regulations, 2015, the Company shall provide its members the facility to exercise their votes electronically for transacting the items of business, as per details set out in the Notice convening the ensuing Tenth Annual General Meeting of the Company...13-06-2017
Book Closure Intimation Under Regulation 42 Of SEBI(Listing Obligations & Disclosure Requirements) Regulations, 2015.
For the purpose of Annual General Meeting Scheduled on 19 July 2017 and payment of Dividend upon being declared thereat.13-06-2017
Updates
Intimation under Regulation 33(3)(b) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.12-06-2017
Board Meeting On 19 July 2017.
Intimation under regulation 29 of SEBI Listing Regulation, 2015.12-06-2017
Updates
Audit Report on standalone financial results for the year ended 31 March 2017 of Bajaj Finserv Limited23-05-2017
Bajaj Finserv, Viveks team up to launch co-branded EMI card
Nearly half the purchases at Viveks' 45-store chain are made via credit cards, says CMD Kondaraman19-05-2017
Bajaj Finserv's consolidated net up 3% in fourth quarter
Retail finance subsidiary Bajaj Finance's profit rises 43 per cent17-05-2017