Hindustan Composites Ltd

Hindustan Composites Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 10, 2013 has recommended the payment of dividend on Equity shares @ Re. 1/- (Rupees One only) per share i.e.10% of the paid up Equity Share capital of Company for the year ended March 31, 2013, subject to approval of the shareholders in the forthcoming Annual General Meeting of the Company.

Hindustan Composites Limited has informed the Exchange that the Board of Directors of the Company by passing of Circular Resolution, approved the re-appointment of Mr. P. K. Choudhary, Managing Director of the Company for a further period with effect from March 18, 2013 till June 30, 2016, subject to approval of the members.

Hindustan Composites Limited has informed the Exchange vide letter dated November 23, 2012 that the Registered Office of the Company will be shifted from "B-11, Paragon Condominium, P.B. Marg, Worli, Mumbai - 400 013" to "Peninsula Business Park, "A" Tower, 8th Floor, Senapati Bapat Marg, Lower Parel, Mumbai - 400 013" with effect from November 26, 2012. FDC Limited FDC : Buyback SPA Capital Advisors Limited has submitted to the Exchange copy of Public Notice dated November 25, 2012 regarding completion of fortnight ended November 25, 2012 of the Buy-back by FDC Limited.

Hindustan Composites Limited has submitted to the Exchange a copy of the Proceedings of the Annual General Meeting of the Company held on August 10, 2012.

Hindustan Composites Limited has informed the Exchange that the Annual General Meeting of the Company will be held on August 10, 2012. Further, the Register of Members and Share Transfer Books of the Company shell remain closed from August 06, 2012 to August 10, 2012 (both days inclusive) for the purpose of Annual General Meeting and payment of dividend.

Hindustan Composites Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 16, 2012 interalia recommended the payment of dividend on Equity shares @ Rs. 2/- (Rupees Two only) per share i.e. 20% of the paid up Equity Share capital of Company for the year ended March 31, 2012, subject to the approval of the shareholders in the forthcoming Annual General Meeting of the Company.

Hindustan Composites Limited has informed the Exchange that the Company will publish Audited Financial Results for the quarter and year ended March 31, 2012 on or before May 30, 2012.

Hindustan Composites Limited has informed the Exchange that the Board of Directors of the Company in its Meeting held on September 26, 2011 has appointed Mr. Raghu Mody (presently Non Executive Chairman of the Company) as an Executive Chairman for a period of 3 years w.e.f. October 01, 2011.

Hindustan Composites Limited has submitted to the Exchange a copy of the Proceedings of the Annual General Meeting of the Company held on August 09, 2011.

Hindustan Composites Limited has informed the Exchange that the Annual General Meeting of the Company will be held on August 09, 2011. The Register of Members and Share Transfer Books of the Company shall remain closed from August 05, 2011 to August 09, 2011 (both days inclusive) for the purpose of Annual General Meeting and payment of Dividend.

Hindustan Composites Limited has informed the Exchange that the Board of Directors of the Company in its Meeting held on May 25, 2011 have recommended payment of dividend on equity shares @ Rs. 2/- (Rupees Two only) per share i.e. 20% of the paid up equity capital of Company for the year ended March 31, 2011, subject to the approval of the shareholders in the forthcoming Annual General Meeting of the Company.

Hindustan Composites Limited has informed the Exchange that the company will publish Audited Financial Results for the quarter and year ended March 31, 2011 on or before May 30, 2011.

Hindustan Composites Limited has informed the Exchange that pursuant to the Corporate Action executed on March 22, 2011 for 4907 Equity Shares of Rs. 10/- each, the paid-up and issued share capital of Hindustan Composites Limited stands reduced to Rs. 4,92,30,000/-. The Total Shares (Demat) Extinguished upto March 22, 2011 is 577000 Equity Shares.

India Infoline Limited has informed the Exchange regarding shares bought back on fortnightly basis till March 18, 2011 (Closure date of Buy-Back), and published on March 24, 2011 in the newspaper.

Hindustan Composites Limited has informed the Exchange that pursuant to the Corporate Action executed on March 18, 2011 for 8819 Equity Shares of Rs. 10/- each, the paid-up and issued share capital of Hindustan Composites Limited stands reduced to Rs. 4,92,79,070/-. The Total Shares (Demat) Extinguished upto March 18, 2011 is 572093 Equity Shares.

India Infoline Limited has submitted to the Exchange a copy of the Post Offer Public Advertisement published in the newspaper on March 19, 2011 with respect to Buy-back of Equity Shares by Hindustan Composites Limited.

Hindustan Composites Limited has informed the Exchange that the Company has sold its Jalna unit for a total consideration of Rs. 583 Lacs to Spitmaan Group of companies.

India Infoline Limited has informed the Exchange regarding the details of the equity shares of Hindustan Composites Limited bought back through the Stock Exchange on March 15, 2011. Number of Equity Shares bought back on March 15, 2011 : 20 Equity Shares.

India Infoline Limited has informed the Exchange regarding the details of the equity shares of Hindustan Composites Limited bought back through the Stock Exchange on March 16, 2011. Number of Equity Shares bought back on March 16, 2011 : 4887.

India Infoline Limited has informed the Exchange regarding the details of the equity shares of Hindustan Composites Limited bought back through the Stock Exchange on March 10, 2011. Number of Equity Shares bought back on March 10, 2011 : 1000.

India Infoline Limited has informed the Exchange regarding the details of the equity shares of Hindustan Composites Limited bought back through the Stock Exchange on March 08, 2011. Number of Equity Shares bought back on March 08, 2011 : 625.

Hindustan Composites Limited has informed the Exchange that the Board of Directors of the Company in its meeting held on March 05, 2011, inter-alia: (1) Subject to the approval of members of the Company in their general meeting, reappointed Mr.P. K. Choudhary as Managing Director for a further period of 2 year w.e.f. March 18, 2011.(2) Subject to the approval of members of the Company in their general meeting, reappointed Mr. V.D. Ingle as Executive Director- Manufacturing for a further period of 2 year w.e.f. April 01, 2011.

India Infoline Limited has informed the Exchange regarding the details of the equity shares of Hindustan Composites Limited bought back through the Stock Exchange on March 03, 2011. Number of Equity Shares bought back on March 03, 2011 : 7,194.

India Infoline Limited has informed the Exchange regarding the details of the equity shares of Hindustan Composites Limited bought back through the Stock Exchange on March 01, 2011. Number of Equity Shares bought back on March 01, 2011 : 790.

India Infoline Limited has informed the Exchange regarding the details of the equity shares of Hindustan Composites Limited bought back through the Stock Exchange on February 28, 2011. Number of Equity Shares bought back on February 28, 2011 : 16.

India Infoline Limited has informed the Exchange regarding the details of the equity shares of Hindustan Composites Limited bought back through the Stock Exchange on February 25, 2011. Number of Equity Shares bought back on February 25, 2011 : 530.

India Infoline Limited has informed the Exchange regarding the details of the equity shares of Hindustan Composites Limited bought back through the Stock Exchange on February 23, 2011. Number of Equity Shares bought back on February 23, 2011 : 370.

India Infoline Limited has informed the Exchange regarding the details of the equity shares of Hindustan Composites Limited bought back through the Stock Exchange on February 22, 2011. Number of Equity Shares bought back on February 22, 2011 : 86995.

India Infoline Limited has submitted to the Exchange a copy of announcement published in the newspaper on February 18, 2011 with respect to the Buy-Back of Equity Shares by Hindustan Composites Limited.

India Infoline Limited has informed the Exchange regarding the details of the equity shares of Hindustan Composites Limited bought back through the Stock Exchange on February 18, 2011. Number of Equity Shares bought back on February 18, 2011 : 621.

India Infoline Limited has informed the Exchange regarding the details of the equity shares of Hindustan Composites Limited bought back through the Stock Exchange on February 17, 2011. Number of Equity Shares bought back on February 17, 2011 : 1,07,136.

India Infoline Limited has informed the Exchange regarding the details of the equity shares of Hindustan Composites Limited bought back through the Stock Exchange on February 14, 2011. Number of Equity Shares bought back on February 14, 2011 : 1,18,000.

India Infoline Limited has informed the Exchange regarding the details of the equity shares of Hindustan Composites Limited bought back through the Stock Exchange on February 10, 2011. Number of Equity Shares bought back on February 10, 2011 : 122871.

India infoline Ltd. has submitted to the Exchange a copy of the Corrigendum dated February 08, 2011 published on February 09, 2011 regarding the Buy-back of Equity shares by Hindustan Composites Limited ("Company").

India infoline Ltd. has informed the Exchange regarding Public Announcement ("PA") made pursuant to the provisions of Regulations 8(1) read with Regulation 15(c) of the Securities and Exchange Board of India (Buy-Back of Securities) Regulation, 1998 including any statutory modifications and amendments from time to time ("Buy-Back Regulations") and contains the disclosures as specified in schedule II to the Buy-Back Regulations. Details of Buy-Back Offer and Offer Price: 1) In accordance with the authorization by the Article 16A of the Articles of Association of Hindustan Composites Limited ("HCL" or the "Company") and pursuant to the resolution passed by the Board of Directors of the company at its meeting held on October 22, 2010 (the "Board Meeting") approving the Buy-Back of its fully paid-up equity shares of face value of Rs.10 each (hereinafter referred to as the "Buy-Back"), the Company hereby announces the Buy-Back of the fully paid-up equity shares of the face value of Rs.10 each ("Equity Shares") from the existing owners of Equity Share other than the Promoters, Persons who are in control of the Company and Promoter Group at a price not exceeding Rs.550/-per Equity Share (the "Maximum Offer Price") payable in cash, for an aggregate amount not exceeding Rs.3,180.76 Lacs ("Buy-Back Size"). The Buy-Back Size represents less than 10% of the aggregate paid-up equity capital and free reserves of the Company as at March 31, 2010 (the date of the latest audited accounts). This is less than the maximum permissible limit of 10% of the paid-up equity capital and free reserves in accordance with Section 77A(2) of the Companies Act, 1956 ("the Act"). The aggregate paid up capital and free reserves of the Company as at March 31, 2010 is Rs.49,124.68 Lacs. (2) The Buy-Back will be implemented by the Company through the methodology of "Open market purchases through stock exchanges" using the electronic trading facilities of the Bombay Stock Exchange Limited ("BSE") and the National Stock Exchange of India Limited ("NSE", and together with BSE, hereinafter referred to as the "Stock Exchanges") in accordance with the provisions of Sections 77A, 77AA, 77B of the Companies Act, 1956 read with Article 16A of the Articles of Association of the Company and the Buy-Back Regulations, subject to approval/s as maybe necessary, from time to time from statutory authorities including but not limited to Securities and Exchange Board of India, Stock Exchanges, Reserve Bank of India and further subject to such conditions as may be prescribed while granting such approval/s which may be agreed to by the Board of Directors (hereinafter referred to as "the Board" which term shall include any committee constituted specifically for the Buy-Back and hereinafter referred to as "Buy-Back Committee"). Date of commencement of the Buy-Back: February 10, 2011. Last Date for the Buy-Back: October 21, 2011 (i.e. 12 months from the date of the Board meeting authorizing the Buy-Back). However, the Board in its absolute discretion may decided to close the Buy-Back at an earlier date in the event of Minimum Offer Shares being purchased under Buy-Back, even if the Buy-Back Size has not been reached or the Maximum Offer Shares have not been bought back, by giving appropriate notice of such date and completing all formalities in this regard as per relevant laws and regulations. The Board will close the Buy- Back at an earlier date if the amount utilised in the Buy-Back is equal to Buy-Back Size.

Hindustan Composites Limited has informed the Exchange that the Board of Directors of the Company in its Meeting held on January 17, 2011 has appointed Mr. Varunn Mody (presently Non Executive Director of the Company) as an Executive Director of the Company for a period of 5 years w.e.f. January 17, 2011.

Hindustan Composites Limited has informed the Exchange that the members of the Company have passed resolution with requisite majority for the following matters through Postal Ballot process, result of which is declared on December 10, 2010: (1) Ordinary Resolution U/s 293(1)(a) of the Companies Act, 1956 for giving authority to the Board of Directors of the Company to sell, transfer, lease or otherwise dispose off the Jalna Unit of the Company on such terms and conditions as the Board may deem fit.

Hindustan Composites Limited has informed the Exchange that pursuant to section 192A of the Companies Act, 1956 read with the Companies (Passing of the Resolution by Postal Ballot) Rules, 2001 the following resolution is proposed to be passed by means of Postal Ballot : (1) Ordinary Resolution under Section 293 (1) (a) of the Companies Act, 1956 for transfer/Sale/lease or dispose off of Jalna unit of the Company.

Hindustan Composites Limited has informed the Exchange regarding the outcome of the meeting of the Board of Directors of the Company held on November 03, 2010.

Hindustan Composites Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on October 22, 2010, inter alia, has approved a proposal for buy back of equity shares of the Company under proviso (B) to section 77A (2) of the Companies Act, 1956, subject to appropriate approvals, as applicable. The brief particulars of the buy-back are as under: (1) The Buyback of its fully paid equity shares, will be from the open market, through the stock exchanges, at a price not exceeding Rs. 550/- per share, upto a maximum limit of Rs. 3180.76 lacs being less than 10% of the total paid up capital and free reserves as per audited balance sheet for the year ended March 31, 2010. (2) The maximum number of shares for buy back will be upto 5,78,320 equity shares. The minimum number of shares for buy back will be 1,25,000 equity shares.

Hindustan Composites Limited has submitted to the Exchange a copy of the proceedings of the Annual General Meeting held on September 07, 2010.

Hindustan Composites Limited has informed the Exchange that "The CRISIL has upgraded the credit rating of the Company from BB/stable to BBB+/stable".

Hindustan Composites Limited has informed the Exchange that the Annual General Meeting of the Company will be held on September 7, 2010. The Register of Members and Share Transfer Books of the Company shall remain closed from September 03, 2010 to September 07, 2010 (both days inclusive) for the purpose of Annual General Meeting and Dividend.

Hindustan Composites Limited has informed the Exchange that the Board of Directors at its meeting held on July 24, 2010 have reappointed Mr.Vijay Sarin as Executive Director - Marketing further for a period of 1 year w.e.f. August 09, 2010.

Hindustan Composites Limited has informed the Exchange that the Board of Directors of the Company in its Meeting held on May 20, 2010 have recommended payment of dividend on equity shares @ Rs. 10/- (Rupees ten only) per share i.e. 100% of the paid up equity capital of Company for the year ended March 31, 2010, which includes Rs. 7.50/- per share (75%) as one time special dividend.