Everest Kanto Cylinder share news, announcements and annual reports
NSE: EKCBSE: 532684Industrial ManufacturingSmall Cap
Everest Kanto Cylinder Limited · Face value ₹2 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Dec 2005
Last close ₹97.42down ₹1.22 (1.24%)BSE ₹97.15
Share price at the NSE close on 30 Oct 2026. Previous close ₹98.64.
30 Oct: open ₹98.93, high ₹98.93, low ₹97.00
52-week range of traded prices to 30 Oct 2026
₹90.25Low, 30 Mar 2026₹148.96High, 30 Oct 2025
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹1,093 Cr1,363rd largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 8.72
- P/E without one-offsPrice to earnings without one-off items. Market cap divided by core profit: the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, less one-off items (exceptional items and the result of businesses sold or closed). Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹13 crore of one-off items, the largest of them in the quarter to Sep 2025.
- 7.91
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 0.78
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.72%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 9.6%
- ROE without one-offsReturn on equity without one-off items. Core profit, the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹13 crore of one-off items, the largest of them in the quarter to Sep 2025.
- 10.6%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 8.4%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.14
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 92,88037.5% delivered
Everest Kanto Cylinder share news and announcements
775 announcements, routine notices left out, newest first. Page 15 of 16.
Oct 2008
23 Oct · Results
Consolidated Results for the half year ended on 30-SEP-2008 as follows: Net Sales of Rs. 41012 lacs for half year ending on 30-SEP-2008 against Rs. 23905 lacs for the half year ending on 30-SEP-2007. Net Profit / (Loss) of Rs. 7818 lacs for the half year ending on 30-SEP-2008 against Rs. 5064 lacs for the half year ending on 30-SEP-2007.23 Oct · Results
Consolidated Results for the quarter ended on 30-SEP-2008 as follows: Net Sales of Rs. 22097 lacs for quarter ending on 30-SEP-2008 against Rs. 12774 lacs for the quarter ending on 30-SEP-2007. Net Profit / (Loss) of Rs. 4317 lacs for the quarter ending on 30-SEP-2008 against Rs. 2839 lacs for the quarter ending on 30-SEP-2007.15 Oct · Board meeting
Inter-alia to consider the following: 1) Unaudited financial results for the quarter ending September 30, 2008. 2) Any other item with the permission of the Chair.1 Oct · Updates
Company has received an order from Pakistan and Middle East countries for the supply of CNG cylinders through EKC International FZE, the company's wholly owned subsidiary in Dubai. The total value of this order is more than $13,000,000 (USD Thirteen Million).
Sep 2008
29 Sep · Updates
Everest Kanto Cylinder Limited had informed the Exchange regarding the Commencement of commercial production in China. The Company has now informed the Exchange that: "The subject line of the following announcement has inadvertently been mentioned as Commencement of Commercial Production in China instead of "Commissioning of Spinning Machines at Gandhidham unit". The text of the announcement is as follows. "We wish to inform you that Spinning Machines for Ultra Large Pressure Vessels (Jumbo Cylinders) at Gandhidham unit of the Company have been commissioned" ".29 Sep · Commencement of commercial production
Commencement of commercial production in China that "Spinning Machines for Ultra Large Pressure Vessels (Jumbo Cylinders) at Gandhidham unit of the Company have been commissioned".
Aug 2008
1 Aug · Updates
Telephone numbers of the Company have changed. The new numbers are as under : Broad Line: 022-30268300, 30268301.1 Aug · Management
Board of Directors of the Company at its meeting held on July 30, 2008 inter-alia approved the following: (1) Resignation of Ms. Josephine Price as the Non Independent Non Executive Director of the Company w.e.f July 21, 2008. Ms. Price was the representative of Brightwill Limited on the Board of Directors. Subsequent to Ms. Price's resignation, Ms Genevieve Heng ceased to be alternate director to Ms. Price. (2) Appointment of Mr. Gurdeep Singh as an Additional Director of the Company. Mr. Singh will function as an Independent Director on the Board of Directors. (3) Appointment of Mr. Arvind Malhan as an Additional Director of the Company. Mr. Malhan is the representative of TVG India Investment Holdings Limited on the Board of Directors.
Jul 2008
31 Jul · Meeting
Proceedings of Annual General Meeting of the Company held on July 30, 2008.The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.30 Jul · Results
Standalone Results for the quarter ended on 30-JUN-2008 as follows: Net Sales of Rs. 9128 lacs for quarter ending on 30-JUN-2008 against Rs. 6548 lacs for the quarter ending on 30-JUN-2007. Net Profit / (Loss) of Rs. 1254 lacs for the quarter ending on 30-JUN-2008 against Rs. 644 lacs for the quarter ending on 30-JUN-2007.30 Jul · Results
Consolidated Results for the quarter ended on 30-JUN-2008 as follows: Net Sales of Rs. 18915 lacs for quarter ending on 30-JUN-2008 against Rs. 11131 lacs for the quarter ending on 30-JUN-2007. Net Profit / (Loss) of Rs. 3501 lacs for the quarter ending on 30-JUN-2008 against Rs. 2225 lacs for the quarter ending on 30-JUN-2007.21 Jul · Board meeting
Inter-alia to consider the following: 1) Unaudited financial results for the quarter ending June 30, 2008. 2) Any other item with the permission of the Chair.
Jun 2008
25 Jun · Meeting
Register of Members & Share Transfer Books of the Company will remain closed from July 26, 2008 to July 30, 2008 (both days inclusive) for the purpose of payment of dividend for the financial year ended March 31, 2008 and Annual General Meeting of the Company to be held on July 30, 2008.4 Jun · Results
Members of the Company have by way of Postal Ballot passed the ordinary resolution with requisite majority pursuant to Section 293(1)(a) of the Companies Act, 1956 approving the mortgage and/or creation of charge on the assets of the Company, both present and future and/or the whole or any part of the undertaking(s) of the Company, to secure borrowings of the Company or of any of its holding, subsidiary, affiliate or associate companies, from time to time, subject to a limit of Rs.1000 crore
May 2008
30 May · Updates
Company had recently announced its audited financial results for the year ended 31st March 2008. As per the audited results, the total sales revenue for the year was Rs. 528.74 Cr. (growth of 24.4% YoY) and Profit after Tax was at Rs. 104.27 Cr (growth of 45 % YoY). The said PAT is after providing for foreign exchange derivative loss of Rs. 8.22 Cr. which occurred due to the fall in the US Dollar vis a vis other major currencies. The said PAT is also after a past year's one time tax adjustment of Rs. 3.32 Cr. But for these one time adjustments and provisions, the PAT would have been higher by about Rs. 11.54Cr. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.28 May · Utilisation of Funds
Vide notes to Accounts in the audited financial results for the year ended March 31, 2008 (taken on record by the Board of Directors of the Company at its meeting held on May 26, 2008) that "(1) During the year, the Company has raised a sum of US$35 Million by way of issue of Foreign Currency Convertible Bonds (FCCB) which are due in 2012. These FCCBs are optionally convertible into equity shares subject to certain conditions, the impact of which are not determinable at present . Considering that the premium is payable if and when the redemption option is exercised, the same will be accounted at the time of redemption of the FCCBs by way of debt to the Securities Premium Account. For the purpose of earnings per share, the conversion option is considered to be anti dilutive.(2)The Company made a preferential allotment of 3,548,027 equity shares of Rs.2/- each aggregating to Rs.8,870 lacs pursuant to the approval of the shareholders at the EGM held on 7th November, 2007. The Company has fully utilised the proceeds for the purpose for which it was raised".26 May · Results
Standalone Results for the year ended on 31-MAR-2008 as follows: Net Sales of Rs. 33360 lacs for year ending on 31-MAR-2008 against Rs. 33057 lacs for the year ending on 31-MAR-2007. Net Profit / (Loss) of Rs. 4726 lacs for the year ending on 31-MAR-2008 against Rs. 4707 lacs for the year ending on 31-MAR-2007.26 May · Results
Consolidated Results for the year ended on 31-MAR-2008 as follows: Net Sales of Rs. 52874 lacs for year ending on 31-MAR-2008 against Rs. 42505 lacs for the year ending on 31-MAR-2007. Net Profit / (Loss) of Rs. 10427 lacs for the year ending on 31-MAR-2008 against Rs. 7175 lacs for the year ending on 31-MAR-2007.26 May · Dividend
Board of Directors of the Company at its meeting held on May 26, 2008 inter-alia approved the following: (1) Recommended final dividend of 60% of the face value of shares (Rs.2/-) Rs.1.20 per share.16 May · Board meeting
Inter-alia to consider the following : (1) Audited financial results for the financial year ending March 31, 2008. (2) Recommendation of dividend on equity shares for the said financial year. (3) Any other item with the permission of the Chair.12 May · Commencement of commercial production
EKC Industries (Tianjin) Co. Ltd., the Company's wholly owned subsidiary in China has successfully completed the trial production phase and commercial production has been commenced in the first week of May2 May · Meeting
Members of the Company will consider, to approve, by way of Postal Ballot, the Ordinary Resolutions pursuant to Section 293(1)(a) of the Companies Act, 1956, for creation of charge on and/ or mortgage of undertaking(s) of the Company. The Company has appointed Mr. S.N. Ananthasubramanian, a Practicing Company Secretary, as Scrutinizer for conducting Postal Ballot Voting process in a fair and transparent manner. The Postal Ballot forms duly completed should reach the Scrutinizer before the closing of working hours on May 30, 2008. The Scrutinizer will submit his report to the Chairman and Managing Director or the Company Secretary of the Company after the completion of the Scrutiny of the Postal Ballots. The results will be announced by the Chairman and Managing Director of the Company on June 04, 2008. A copy of the notice of Postal Ballot shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Apr 2008
21 Apr · Business
EKC group has successfully completed the acquisition process and has acquired all the assets of CP Industries, Inc., located in McKeesport, Pittsburgh, U.S.A (a division of Reunion Industries Inc. U.S.A.) for an amount of USD 66.3 million.11 Apr · Updates
Everest Kanto Cylinder Limited had informed the Exchange that the Board of Directors of the Company at its meeting held on April 08, 2008, inter-alia approved the following: Creation of second charge on movable & immovable assets of the Company located at Tarapur, Aurangabad & Gandhidham to secure the loan facility of USD 45 Million to be taken from the consortium of ABN AMRO Bank, Standard Chartered Bank & Citibank N.A. by EKC hungary Ltd (wholly owned subsidiary of EKC International FZE, which in turn is a wholly owned subsidiary of the Company) and CP Industries Holdings, Inc (wholly owned subsidiary of EKC Hungary Ltd), subject to the approval of the members by Postal Ballot. The Company has now informed the Exchange that: "Instead of first pari passu charge it had been inadvertently mentioned that the Board has approved the creation of second charge on movable & immovable assets of the Company located at Tarapur, Aurangabad & Gandhidham to secure the loan facility of USD 45 Million to be taken from the consortium of ABN Amro Bank, Standard Chartered Bank & Citibank N.A. by EKC Hungary Ltd and CP Industries Holdings, Inc, subject to the approval of the members by Postal Ballot."11 Apr · Results
The Company intends to publish the audited results for the financial year ended March 31, 2008 within a period 3 months i.e. on or before June 30, 2008 thereby dispensing with the requirement of publishing unaudited results for the last quarter.9 Apr · Updates
EKC International FZE, Dubai, wholly owned subsidiary of the Company has informed the Company that it has formed a wholly owned subsidiary in Hungary by the name of EKC Hungary Ltd. Further EKC Hungary Ltd. has formed a wholly owned subsidiary in U.S.A. by the name of CP Industries Holdings, Inc. Together EKC Hungary Ltd and CP Industries Holdings, Inc shall be acquiring all the assets of CP Industries, Inc., located in McKeesport, Pittsburgh, U.S.A. which is a division of Reunion Industries Inc, USA. CP Industries, Inc, manufactures and sells large seamless pressure vessels for the containment and transportation of pressurised gases and is a global leader in this business9 Apr · Change of Registered Office / Others
Board of Directors of the Company at its meeting held on April 08, 2008, inter-alia approved the following: 1) Shifting of the registered office of the Company from 501, Raheja Centre, Free press Journal Marg, 214, Nariman Point, Mumbai- 400 021 to 204, Raheja Centre, Free Press Journal Marg, 214, Nariman Point, Mumbai- 400 021. 2) Creation of second charge on movable & immovable assets of the Company located at Tarapur, Aurangabad & Gandhidham to secure the loan facility of USD 45 Million to be taken from the consortium of ABN AMRO Bank, Standard Chartered Bank & Citibank N.A. by EKC hungary Ltd (wholly owned subsidiary of EKC International FZE, which in turn is a wholly owned subsidiary of the Company) and CP Industries Holdings, Inc (wholly owned subsidiary of EKC Hungary Ltd), subject to the approval of the members by Postal Ballot. 3) Providing corporate guarantee to the consortium of ABN AMRO Bank, Standard Chartered Bank & Citibank N.A. for the loan facility of USD 45 Million taken by EKC Hungary Ltd and CP Industries Holdings, Inc. 4) Appointment of Mr. S. N. Ananthasubramanian, Practicing Company Secretary as Scrutinizer, to conduct the postal ballot process.
Mar 2008
4 Mar · Business
Everst Kanto Cylinder Ltd. (EKC), a leading manufacturer of high pressure cylinders, today announced that an Assets Purchase Agreement has been signed with US-based Reunion Industries, Inc. (OTC -RUNI) to buy all of the assets and liabilities of its pressure vessels division, CP Industries for cash consideration of USD 64.25 Million, subject to adjustment and further subject to Bankruptcy Court proceedings and other regulatory approvals. The assets shall be acquired by a subsidiary of EKC. Company has submitted a press release in this regard , A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Feb 2008
18 Feb · Business
The Board of Directors of the Company at its meeting held on February 18, 2008 inter-alia granted an in Principle approval for acquisition of all the assets of a large manufacturing Company in the United States of America in a similar line of business, for approximately USD 70 million, subject to evaluation of the full implications of the transaction, confirming legal and financial due diligence and final approval of the Board of Directors
Jan 2008
22 Jan · Meeting
At the Extraordinary General Meeting of the members of the Company held on Monday, the 21st day of January, 2008, the members have approved by way of Special Resolution: (1) Amendment of the Articles of Association of the Company by replacing the existing Articles 205 to 290 in Chapter II of the Articles of Association of the Company with new Articles 205 to 290. (2) Payment of commission of Rs. 5,00,000/- (Rupees Five lakhs) per annum, to each of the Independent Directors of the Company, for a period of 5 (five) years starting from the financial year ending on March 31, 2008. Both the above mentioned resolution received the unanimous approval of the members22 Jan · Board meeting
Board of Directors of the Company at its meeting held on January 21, 2008 inter-alia approved the following: (1) Transfer of the entire present shareholding of the Company in EKC (Industries) Tianjin Ltd, the wholly owned subsidiary of the Company in People's Republic of China to EKC International FZE, the wholly owned subsidiary of the Company in Dubai, subject to statutory and other regulatory approvals.21 Jan · Results
Standalone Results for the quarter ended on 31-DEC-2007 as follows: Net Sales of Rs. 8157 lacs for quarter ending on 31-DEC-2007 against Rs. 7082.95 lacs for the quarter ending on 31-DEC-2006. Net Profit / (Loss) of Rs. 1579 lacs for the quarter ending on 31-DEC-2007 against Rs. 1687.33 lacs for the quarter ending on 31-DEC-2006.21 Jan · Results
Consolidated Results for the quarter ended on 31-DEC-2007 as follows: Net Sales of Rs. 12554 lacs for quarter ending on 31-DEC-2007 against Rs. 11177.94 lacs for the quarter ending on 31-DEC-2006. Net Profit / (Loss) of Rs. 2942 lacs for the quarter ending on 31-DEC-2007 against Rs. 2037.51 lacs for the quarter ending on 31-DEC-2006.11 Jan · Board meeting
Inter-alia to consider the following: 1) Unaudited financial results for the quarter ending December 31, 2007. 2) Any other item with the permission of the Chair.1 Jan · Meeting
Notice of the Extraordinary General Meeting of the Company to be held on January 21, 2008. The business to be transacted at the Meeting is to consider, and if thought fit, approve the amendment of the articles of association of the Company. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Nov 2007
22 Nov · Board meeting
Outcome of Board Meeting held on November 21, 2007. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.16 Nov · Board meeting
To interalia consider the following: (1) Allotment of 32,00,000 equity shares of face value of Rs.2/- each at a price of Rs.250/- per share to TVG India Investment Holdings Limited, a subsidiary of a fund advised by TVG Capital Partners Limited and allotment of 3,48,027 equity shares of face value of Rs.2/- each at a price of Rs.250/- per share to Brightwill Limited, a subsidiary of a fund managed by CLSA Private Equity Management Limited in accordance with the special resolution passed by the members in the Extraordinary General Meeting held on November 7, 2007. (2) Amendment of the Articles of Association consequent to allotment of equity shares. (3) Payment of commission to Non - Executive Independent Directors. (4) Convening of Extraordinary General Meeting to seek the approval of the members for amendment of Articles of Association and Payment of commission to Non - Executive Independent Directors. (5) Any other item with the permission of the Chairman.7 Nov · Meeting
At the Extraordinary General Meeting of the members of the Company held on Wednesday, the 7th day of November, 2007, the members have passed the Special Resolution under section 81(1A) of the Companies Act, 1956 to issue, offer and allot upto 35,48,027 (Thirty Five Lakhs Forty Eight Thousand Twenty Seven) new equity shares of the face value of Rs. 2 (Rupees Two Only) each of the Company for cash at a premium of Rs. 248 (Rupees Two Hundred and Forty Eight Only) per share of which upto 32,00,000 (Thirty Two Lakhs) new equity shares be offered for subscription on preferential basis to TVG India Investment Holdings Limited, a subsidiary of a fund advised by TVG Capital Partners Limited and upto 3,48,027 (Three Lakhs Forty Eight Thousand Twenty Seven) new equity shares be offered for subscription to Brightwill Limited, a subsidiary of a fund managed by CLSA Private Equity Management Limited2 Nov · Utilisation of Funds
Vide notes to Accounts in the Unaudited Financial Results for the quarter and half year ended September 30,2007 (taken on record by the Board of the directors of the Company at its meeting held on October 30, 2007) that: "The Company has fully utilised the proceeds of the preferential issue of shares amounting to Rs.92 Crore raised in November 2006 for the purposes for which it was raised".1 Nov · Board meeting
Board of Directors of the Company at its meeting held on October 30, 2007 inter-alia approved the following : 1) Termination of engagement of Origo Sino - India PLC to assist the Company in expanding its business in China.
Oct 2007
30 Oct · Results
Standalone Results for the half year ended on 30-SEP-2007 as follows: Net Sales of Rs. 14398 lacs for half year ending on 30-SEP-2007 against Rs. 17965.57 lacs for the half year ending on 30-SEP-2006. Net Profit / (Loss) of Rs. 1996 lacs for the half year ending on 30-SEP-2007 against Rs. 2507.73 lacs for the half year ending on 30-SEP-2006.30 Oct · Results
Consolidated Results for the half year ended on 30-SEP-2007 as follows: Net Sales of Rs. 23905 lacs for half year ending on 30-SEP-2007. Net Profit / (Loss) of Rs. 5064 lacs for the half year ending on 30-SEP-2007.22 Oct · Board meeting
Inter-alia to consider the following: 1) unaudited financial results for the quarter ending September 30, 2007. 2) Any other item with the permission of the Chair.15 Oct · Meeting
Notice of the Extraordinary General Meeting of the members of the Company scheduled to be held on November 07, 2007. The detail of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements. For more details click here.8 Oct · Business
Press release dated October 08, 2007, titled "EKC raises Rs.88.70 crore through preferential issue". The details of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.8 Oct · Board meeting
Vide its letter dated October 06, 2007 regarding the Outcome of Board Meeting that "(1) Allocation of Bonds upto US $ 35 million consequent to the FCCB issue of the Company. (2) Preferential issue of 32,00,000 Equity Shares to M/s. TVG India Investment Holdings Limited and 3,48,027 Equity Shares to M/s Brightwill Limited, a subsidiary of a fund managed by CLSA Private Equity Management Limited at a price of Rs.250/- per share aggregating to a total investment value of appx. Rs 88.70 crores which would be subject to a lock - in of 1 year in accordance with SEBI Guidelines for Preferential Allotment and subject to the fulfillment of such terms and conditions as maybe mutually agreed. The Preferential issue of shares would result in additional issue of shares of 3.51% of the enhanced equity share capital. (3) Convening Extraordinary General Meeting of the members of the Company on November 7, 2007 to approve the preferential issue of equity shares".4 Oct · Board meeting
To consider amongst other things: 1) Allocation of Bonds consequent to the Foreign Currency Convertible Bond issue of the Company. 2) Further issue of Equity Shares of the Company for a value not exceeding Rs.100 crores at the discretion of the Board, on a Preferential Basis, to various Entities / such class of Investors, and at a price and on such terms as may be decided by the Board of Directors of the Company, consistent with and in compliance with the applicable laws, rules, regulations and guidelines of a) the Securities and Exchange Board of India, b) the Stock Exchanges on which the Shares of the Company are Listed and c) every other Regulatory Authority that may be required in this regard and to which the Company is subject. 3) Any other matter with the permission of the Chair.3 Oct · Business
Press release dated October 03, 2007, titled "Everest Kanto to raise US$ 35 million through FCCB Issue". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.3 Oct · Foreign Currency Convertible Bonds
"Everest Kanto Cylinder Ltd. has launched the US$ 35 million Foreign Currency Convertible Bonds Due 2012 (the "Bonds") for import of plant and machinery for its operations in India, for making investments in its subsidiaries / joint ventures outside India, for potential acquisitions outside India and for such other purposes in compliance with the applicable guidelines issued by the RBI and the Government of India. The Bonds will be convertible into the Company ordinary shares, quoted in Indian Rupees ("Rs.")". The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Sep 2007
18 Sep · Board meeting
The Board of Directors of the Company at the meeting held on September 18, 2007 inter-alia authorised Mr. P.K. Khurana, Chairman & Managing Director and Mr. Puneet Khurana, Whole-Time Director to finalise the terms and conditions including the price with the potential investors and to put up the final proposal for preferential allotment of shares for a value not exceeding Rs.100 crores to the Board of Directors for approval