Panasonic AVC Networks (Delisted) share price
BSE: 532176
Panasonic AVC Networks Ltd. · Face value ₹10 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 Jul 2000
Last traded ₹29.15 on 6 Dec 2007
Delisted on 14 Dec 2007.
Last announcements
The company's own last announcements before its shares stopped trading, routine notices left out.
Nov 2007
23 Nov · Suspension and Delisting of trading in equity shares
Members of the Exchange are hereby informed that the trading in the equity shares of Panasonic AVC Networks India Co. Limited shall be suspended w.e.f. December 7, 2007 (i.e. w.e.f. closing hours of trading on December 6, 2007) on account of voluntary delisting pursuant to the SEBI (Delisting of Securities) Guidelines, 2003. The admission to dealings in securities of the said company shall be withdrawn (delisted) w.e.f. December 14, 2007.23 Nov · Delisting of shares
Panasonic Avc Networks India Co. Limited. has informed the Exchange that post delisting the investors complaints as well as the redressal of the same shall be done by the Company as per the details as given in the attachment. 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.
Oct 2007
24 Oct · Board meeting
For adoption of unaudited accounts for the quarter ended September 30, 2007.8 Oct · Delisting of Shares/Others
In connection with the delisting offer to the equity share holders of the Company (Panasonic AVC Networks India Co. Ltd.), that a Price of Rs.30.00 per share (the "Discovered Price") was determined through the reverse book building process conducted on the Bombay Stock Exchange Limited (BSE) in accordance with the Securities and Exchange Board of India (SEBI) (Delisting of Securities) Guidelines - 2003. ICICI Securities Limited has further informed the Exchange that the Acquirer, Matsushita Electric Industrial Co. Ltd. has accepted the Discovered Price of Rs.30.00 per share as the Exit Price and the Acquirer will acquire all shares validly tendered at or below the Exit Price.4 Oct · Delisting of Shares/Others
ICICI Securities Limited. has informed the Exchange regarding a Public Announcement released by Matsushita Electric Industrial Co. Ltd. on October 03, 2007 with reference to the proposed Delisting of Panasonic AVC Networks India Co. Ltd. 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.
Sep 2007
4 Sep · Public Announcement
Public announcement being issued by Matsushita Electric Industrial Co. Ltd. (the Acquirer), in respect of the proposed acquisition of the fully paid-up equity shares and delisting of Panasonic AVC Networks India Co., Ltd. (the Company), pursuant to the Securities and Exchange Board of India (Delisting of Securities) Guidelines 2003 (the Guidelines) (the Delisting Proposal). The Acquirer is proposing to acquire equity shares of the Company pursuant to the Guidelines, consequent to which acquisition the public shareholding in the Company will fall below the minimum limit prescribed by the Company's listing agreement. Accordingly, the Acquirer seeks to delist the equity shares of the Company pursuant to the voluntary delisting procedures set out in the Guidelines for the reasons set out in paragraph 10 of the public announcement. The Acquirer hereby invites the public holders of the fully paid-up equity shares of the Company (the Shareholders), to tender to the Acquirer, on the terms and subject to the conditions set out in the public announcement, all of their equity shares in the Company, being as on August 29, 2007, 8,630,688 fully paid-up equity shares of the Company with a face value of Rs.10/- each, representing approximately 17.26% of the fully paid-up share capital of the Company (the Shares). The Bid Opening Date is September 24, 2007 & the BID Closing Date is September 28, 2007. A copy of the Public Announcement 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.
Results for the quarter to Sep 2007
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
- RevenueRevenue from operations. Money earned from selling the company's goods and services in the period. Revenue from operations in the glossary
- ₹43 Cr
- Net profitNet profit. What is left of revenue and other income after every cost, interest and tax. Net profit in the glossary
- ₹2.22 Cr
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 5.2%
From revenue to net profit, ₹ crore
- Revenue43
- Depreciation−0.5
- Other income+0.9
- Profit before tax2.5
- Tax−0.3
- Net profit2.2
Panasonic AVC Networks results by quarter
Standalone: the listed company alone, without its subsidiaries. Latest quarter to Sep 2007. Results for the quarter to Dec 2007 were due by 14 Feb 2008, 45 days after it ends. Every company's dates are on the results calendar.
| ₹ crore | Sep 2007 |
|---|---|
| Revenue from operations | 42.8 |
| Operating expenses. What the business spent to run itself in the period, materials, staff and other costs, before depreciation, interest and tax. Operating expenses in the glossary | – |
| Materials and goods boughtCost of materials and goods. Raw materials used and goods bought for resale in the period, adjusted for the change in stock held. Cost of materials and goods in the glossary | 31.7 |
| Depreciation and amortisationDepreciation and amortisation. The part of the cost of plant, buildings and other long-lived assets charged against each year they are used. Depreciation and amortisation in the glossary | 0.5 |
| Other incomeOther income. Income from outside the main business, such as interest on deposits, dividends received and gains on investments. Other income in the glossary | 0.9 |
| Profit before tax | 2.5 |
| Tax | 0.3 |
| Tax rateEffective tax rate. Tax charged as a percentage of profit before tax. Effective tax rate in the glossary | 12.4% |
| Net profit | 2.2 |
| Net margin | 5.2% |
Earnings per share in rupees, restated for later splits and bonuses.
Recent sessions
The 10 trading days to 6 Dec 2007, as traded on BSE.
| Date | Open | High | Low | Close | Average price | Volume |
|---|---|---|---|---|---|---|
| 6 Dec 2007 | 29.50 | 29.50 | 29.10 | 29.15 | 29.23 | 23,661 |
| 5 Dec 2007 | 30.00 | 30.00 | 29.05 | 29.15 | 29.24 | 33,665 |
| 4 Dec 2007 | 30.50 | 30.50 | 29.00 | 29.10 | 29.23 | 18,128 |
| 3 Dec 2007 | 29.85 | 29.85 | 29.00 | 29.10 | 29.10 | 71,668 |
| 30 Nov 2007 | 29.20 | 29.35 | 29.00 | 29.10 | 29.11 | 57,775 |
| 29 Nov 2007 | 29.65 | 29.65 | 28.65 | 29.20 | 29.17 | 9,836 |
| 28 Nov 2007 | 32.00 | 32.00 | 29.00 | 29.10 | 29.34 | 51,045 |
| 27 Nov 2007 | 29.90 | 29.90 | 29.00 | 29.10 | 29.27 | 38,501 |
| 26 Nov 2007 | 31.35 | 31.35 | 28.70 | 29.25 | 30.03 | 7,22,629 |
| 23 Nov 2007 | 28.45 | 28.90 | 28.40 | 28.50 | 28.61 | 43,967 |
Prices in ₹ per share as traded, not adjusted.
Company details
- BSE code
- 532176
- ISIN
- INE071B01011
- Registered office
- D-13/4, Okhla Industrial Area, Phase 2, New Delhi 110020, Delhi