Willard India reported no net profit or loss in the quarter ended June 2010 as against net loss of Rs 0.01 crore during the previous quarter ended June 2009. There were no sales reported in the quarter ended June 2010 and during the previous quarter ended June 2009.Powered by Capital Market - Live News

Willard India reported net loss of Rs 0.26 crore in the quarter ended March 2010 as against net loss of Rs 0.01 crore during the previous quarter ended March 2009. There were no sales reported in the quarter ended March 2010 and during the previous quarter ended March 2009.For the full year,net loss reported to Rs 0.28 crore in the year ended March 2010 as against net loss of Rs 0.46 crore during the previous year ended March 2009. There were no sales reported in the year ended March 2010 and during the previous year ended March 2009.Powered by Capital Market - Live News

A meeting of the board of Willard India will be held on 25 January 2010, for approval of allotment of shares as per the scheme of arrangement approved by the Hon`ble Allahabad High Court.The company made this announcement after the trading hours on Wednesday, 20 January 2010.Powered by Capital Market - Live News

Willard India reported net loss of Rs 0.02 crore in the quarter ended September 2009 as against net loss of Rs 0.20 crore during the previous quarter ended September 2008. There were no sales reported in the quarter ended September 2009 and during the previous quarter ended September 2008.Powered by Capital Market - Live News

Willard India has announced that the Hon`ble High Court of Judicature at Allahabad, vide order dated 22 September 2008 received by the Company on 22 October 2008 has sanctioned the Scheme of Arrangement of Demerger between the Willard India (WIL), Agauta Sugar & Chemicals (ASCL), Chitavalsah Jute Mills (CJML) and Perfect Career Consultants and their respective shareholders and creditors. Pursuant to the sanction given by the Hon`ble High Court of Allahahad, the shareholders of the demerged Company i.e. Willard India will be allotted equity shares in the two new resulting Company in the manner of in the ratio of 2 fully paid up equity shares of Rs. 10 each of Agauta Sugar Chemicals for every 5 Equity Shares held by them in Willard India, In the ratio of 1 fully paid-up Equity Shares of Rs. 10 each of Chitavalsah Jute Mills for every 10 Equity shares held by them in Willard India. The shareholders of the demerged Company WIL, will continue to hold the same number of equity shares with reduced amount of Rs. 5 per shares.Under the Scheme, erstwhile WIL demerged into Three separate entities, the Sugar division is transferred to Agauta Sugar & Chemicals, Jute Division is transferred to Chitavalsah Jute Mills and certain specified assets is transferred to Perfect Career Consultant. The company made this announcement after the trading hours today, 24 October 2009.Powered by Capital Market - Live News