Announcements

11-May-2012

A meeting of the Board of Directors has been convened to be held on Tuesday, May 29, 2012, inter alia, to consider (a) Audited Financial Results of the Company for the Quarter/Year ended March 31, 2012; and (b) proposal for Dividend for the Financial Year 2011-12.

11-Oct-2011

Company has remitted Final Dividend @ Rs.7/- per share for the FY 2010-11 to all those Members who were holding shares on 23-Sep-2011, being the date of entitlement to receive Final Dividend for FY 2010-11, who had opted for receiving the Dividend through National Electronic Fund Transfer (NEFT) mode. To those Members who have not opted for NEFT, Dividend Warrants are expected to be mailed by 15-Oct-2011.

29-Sep-2011

At the 26th Annual General Meeting of the members of the Company held on Wednesday, September 28, 2011 at 10.00 a.m. at the Registered Office of the Company, at which the requisite quorum was present, following business was transacted:

1. Adoption of Audited Balance Sheet as at March 31, 2011 and the Profit & Loss Account for the year ended on that date together with the Reports of the Directors’ and Auditors’ thereon.
2. Declaration of Dividend @ 70% (Rs.7/- on each equity share of the face value of Rs.10/-)
3. Appointment of Shri Om Prakash Mehra as Director liable to retire by rotation.
4. Appointment of Dr. Suresh Inderchand Surana as Director liable to retire by rotation.
5. Appointment of M/s. Lodha & Co., Chartered Accountants, as Auditors of the Company from the conclusion of 26th Annual General Meeting to the conclusion of next Annual General Meeting with the authority to the Board of Directors to fix their remuneration.

8-Aug-2011

Twenty-sixth Annual General Meeting of the Members of the Company will be held on Wednesday, September 28, 2011, at 10.00 a.m. at the Registered Office of the Company to transact the business as contained in the Notice of the aforesaid meeting being sent to the shareholders of the Company.

8-Aug-2011

Notice pursuant to Section 154 of the Companies Act, 1956 is hereby given that the Register of Members and Share Transfer Books of the Company will remain closed from 24.09.2011 to 28.09.2011 (both days inclusive) for the purpose of payment of Final Dividend at the rate of Rs.7/- per equity share for the year 2010-11 and Annual General Meeting.

30-May-2011

The Board of Directors of the Company at its meeting held on May 30, 2011 have recommended payment of Final Dividend of Rs.7/- per share (of the face value of Rs 10/- each) for the Financial Year 2010-11, which is subject to declaration by the shareholders in the enusing Annual General Meeting.

11-March-2011

Polyplex (Asia) Pte, Ltd., a wholly owned subsidiary of the Company has, as of March 11, 2011, sold an additional 64 million shares (amounting to 8% stake) held in Polyplex (Thailand) Public Company Ltd., Thailand (PTL) through market transactions carried out on the Stock Exchange of Thailand since January 01, 2011. With these sales, the consolidated holding of Polyplex Group in PTL has reached 51.0%.

30-Dec-2010 : Issue of Bonus Shares

The Committee of Board of Directors has made the allotment of Bonus Shares on 28-Dec-2010 in the ratio of 1 : 1 to those shareholders who were holding shares on 25.12.2010 , ‘the Record Date’ fixed for this purpose. Corporate Action is expected to take place on 31.12.2010.

14-Dec-2010 : Notice of Record Date

The Committee of Directors constituted by the Board of Directors to issue Bonus Shares have fixed December 25, 2010 as the 'Record Date' for the purpose of determining the entitlement to issue Bonus Shares in the ratio of one bonus equity share of Rs. 10/- each for every one existing equity share of Rs. 10/- held.

14-Dec-2010 : Outcome of EGM

At the Extraordinary General Meeting (EGM) of the members of the Company held on December 14, 2010, the Members have passed the resolutions pertaining to following items:
1. Increase in the Authorised Share Capital of the Company from Rs. 30.00 Crores to Rs. 34.00 Crores and consequent amendment to Clause V of the Memorandum of Association of the Company.
2. Amendment in Article 5(a) of the Articles of Association of the Company consequent upon increase in the Authorised Share Capital of the Company.
3. Approval to the proposal of the Board of Directors to Issue 1,59,92,300 Bonus Equity Shares in the ratio of one equity share of Rs. 10/- each for every one existing equity share of Rs. 10/- each held.

19-Nov-2010 : Extraordinary General Meeting

An Extraordinary General Meeting of the Company is scheduled to be held on Tuesday, December 14, 2010 at 10.00 a.m. at the Registered Office of the Company to consider, inter alia, increase in the Authorized Share Capital of the Company from Rs.30 Crores to Rs.34 Crores and to issue Bonus Equity Shares in the ratio of one new equity share for every one existing equity share held.
Notice of EGM

18-Nov-2010 : Disclosure

Further to our disclosure dated November 11, 2010 informing the sale of 6.3125% stake in Polyplex (Thailand) Public Company Limited, Thailand (PTL) by Polyplex (Asia) Pte. Ltd. Singapore (PAPL), a wholly owned subsidiary of Polyplex Corporation Limited, during October-November, 2010 (as of November 5, 2010), through open market transactions, we wish to further advise the following:

a)Additional market sales of PTL shares have been made by PAPL subsequent to November 5, 2010 so as to reach 10%, as of November 18, 2010, in order to generate funds for growth.

b) The dilutive effect of the above stake sale can be assessed by the following consolidated reported numbers for the first half year period (April – September) of 2010-11, assuming the entire stake sale had taken place in Quarter ended September 30, 2010, instead of current Quarter i.e. Quarter ended December 31, 2010 :
• The capital gains generated at PAPL would lead to a one time accretion to Consolidated EPS and Consolidated Book Value Per Share (BVPS) for the period by Rs.240.27 per share.
• The pure dilutive effect of stake sale (excluding capital gain) on Consolidated EPS and Consolidated BVPS for the aforesaid period would be a reduction of Rs. 10.80 per share and Rs.54.35 per share respectively.
• Thus the net impact on Consolidated EPS & Consolidated BVPS for the first half would have been an accretion of Rs.229.47 per share and Rs.185.92 per share respectively.
Above can also be summarized in the tabulated form as follows:

Particulars	Half Year ended September, 2010 (before sale of shares)	Half Year ended September 2010 (after sale of shares)	Change Rupees
Consolidated EPS (Rupees)	100.70	330.17	229.47
- Pure Dilutive effect on EPS (Rupees)	-	-	(10.80)
- One-time effect of Capital Gain on EPS (Rupees)	-	-	240.27
Consolidated Book Value (Rupees)	558.25	744.16	185.92
- Pure Dilutive effect on Book Value (Rupees)	-	-	(54.35)
- One-time effect of Capital Gain on Book Value (Rupees)	-	-	240.27

11-Nov-2010 : Disclosure

Polyplex (Asia) Pte. Ltd., a wholly owned subsidiary of the Company has, as of November 5, 2010, sold 50,500,000 shares held in Polyplex (Thailand) Public Company Limited, Thailand (PTL) through market transactions carried on The Stock Exchange of Thailand. With this sale the consolidated holding of Polyplex Group in PTL has gone down from 70% to 63.6875%.

4-Nov-2010 : Interim Dividend for FY 2010-11

The Board of Directors have approved payment of Interim Dividend at the rate of Rs.6/- per equity share of Rs.10/- each, for the Financial Year 2010-11. The Board of Directors have also fixed November 16, 2010 as the ‘Record Date’ for the purpose of payment of Interim Dividend.

4-Nov-2010 : Issue of Bonus Shares

The Board of Directors have also decided, subject to approval of shareholders, Issue of Bonus Shares in the ratio of one equity share for every one equity share held. ‘Record Date’ for the purpose of issue of Bonus Shares would be announced in due course.

27-Oct-2010 : Closure of Trading Window

Pursuant to the Code of Conduct for Prevention of Insider Trading framed pursuant to the SEBI (Prohibition of Insider Trading) Regulations, the trading window for trading in the shares of Polyplex Corporation Limited will remain closed from 28.10.2010 to 5.11.2010 as a Meeting of the Board of Directors has been convened to be held on Thursday, 4.11.2010, inter alia, to consider and take on record Unaudited Financial Results for the Quarter ended September 30,. 2010.

27-Sep-2010 : Proceedings of 25th Annual General Meeting

In the 25th Annual General Meeting of the members of the Company held on Saturday, September 25, 2010 at 10.00 a.m. at the Registered Office of the Company at which the requisite quorum was present, following business was transacted:

04-Aug-2010 : Closure of Trading Window

Pursuant to the Code of Conduct for Prevention of Insider Trading framed pursuant to the SEBI (Prohibition of Insider Trading) Regulations, the trading window for trading in the shares of Polyplex Corporation Limited will remain closed from 5.8.2010 to 13.8.2010 as a Meeting of the Board of Directors has been convened to be held on Thursday, 12.8.2010, inter alia, to consider and take on record Unaudited Financial Results for the Quarter ended June 30,. 2010.

23-Jul-2010 : Closure of Register of Members and Share Transfer Books

The Register of Members and Share Transfer Books of the Company would remain closed from 20.9.2010 to 25.9.2010 (both days inclusive) for the purpose of payment of Dividend @ Rs. 8/- per share (of the face value of Rs.10/- each) for the Financial Year 2009-10.

23-Jul-2010 : 25th Annual General Meeting

25th Annual General Meeting is scheduled to be held on Saturday, September 25, 2010 at Company’s Registered Office at Lohia Head Road, Khatima 262308, Udham Singh Nagar, Uttarakhand at 10.00 a.m.

20-Jul-2010 : Dividend for FY 2009-10

the Board of Directors have recommended payment of Dividend of 80% (Rs.8/- per share of the face value of Rs.10/- each) for the Financial Year 2009-10 which is subject to declaration by the shareholders in the ensuing Annual General Meeting.

07-Jul-2010 : Closure of Trading Window

Pursuant to the Code of Conduct for Prevention of Insider Trading framed pursuant to the SEBI (Prohibition of Insider Trading) Regulations, the trading window for trading in the shares of Polyplex Corporation Limited will remain closed from 9.7.2010 to 15.7.2010 as a Meeting of the Board of Directors has been convened to be held on Wednesday, 14.7.2010, inter alia, to consider and take on record Audited Financial Results/ Accounts for the Year ended March 31,. 2010.

05-May-2010 : Closure of Trading Window

Pursuant to the Code of Conduct for Prevention of Insider Trading framed pursuant to the SEBI (Prohibition of Insider Trading) Regulations, the trading window for trading in the shares of Polyplex Corporation Limited will remain closed from 8.5.2010 to 15.5.2010 as a Meeting of the Board of Directors has been convened to be held on Friday/Saturday, 14.5.2010/15.5.2010, inter alia, to consider and take on record Unaudited Financial Results for the Quarter ended March 31,. 2010.

7-Apr-2010 : Delisting of Shares from Calcutta Stock Exchange Ltd.

Company’s Equity Shares have been voluntarily delisted from the Calcutta Stock Exchange Ltd., pursuant to the SEBI (Delisting of Securities) Guidelines 2003.

16-Mar-2010 : Commissioning of Projects at Bazpur

16-Mar-2010 : Commissioning of Projects at Bazpur

19-Jan-2010 : Closure of Trading Window

Pursuant to the Code of Conduct for Prevention of Insider Trading framed pursuant to the SEBI (Prohibition of Insider Trading) Regulations, the trading window for trading in the shares of Polyplex Corporation Limited will remain closed from 22.1.2010 to 30.1.2010 as a Meeting of the Board of Directors has been convened to be held on Saturday, January 30, 2010, inter alia, to consider and take on record Unaudited Financial Results for the Quarter ended December 30,. 2009.

21st Annual General Meeting

Twentyfirst Annual General Meeting of the Members of the Company will be held on Thursday, August 17, 2006, at 11.00 a.m. at the Registered Office of the Company at Lohia Head Road, Khatima 262308, Distt. Udham Singh Nagar, Uttaranchal , to transact the business as contained in the Notice of the aforesaid meeting being sent to the shareholders of the Company. Register of Members and Share Transfer Books of the Company will remain closed from 12.08.2006 to 17.08.2006 (both days inclusive).
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Book Closure for 21st AGM and Final Dividend

The Register of Members & Share Transfer Books of the Company will remain closed from August 12, 2006 to August 17, 2006 (both days inclusive) for the purpose of payment of final dividend & Annual General Meeting of the Company to be held on August 17, 2006.

Final Dividend for F.Y. 2005-06

Board of Directors of the Company at its meeting held on June 13, 2006, inter alia, has recommended payment of Final Dividend @ 10% (Re 1/- per share of Rs 10/- each) for the Financial Year 2005-06, which is subject to approval of shareholders in the ensuing Annual General Meeting of the Company to be held on August 17, 2006. 

Commencement of Trials runs of Metallizer in Polyplex Turkey
 
Metallizer Plant of Polyplex Europa Polyster Film Sanayi Ve Ticaret Anonim Sirketi, Turkey (PE), a 100% subsidiary of Polyplex (Thailand) Public Company Limited, Thailand (PTL), has started trial production. PTL is Company's 70% subsidiary.

Commencement of Production by Polyplex Turkey.

Polyplex Europa Polyester Film Sanayi ve Ticaret A.S., Turkey (Polyplex Europa), subsidiary of Polyplex Corporation Limited has commenced production of Polyester Film. Polyplex Europa has set up the facility to manufacture 24,000 MT of Polyester Film at its project site at Çorlu, a European Free Zone in Turkey.