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Pioneer Embroideries share news, announcements and annual reports

NSE: PIONEEREMBBSE: 514300Textiles & ApparelsSmall Cap

Pioneer Embroideries Limited · Face value ₹10 · Listed Dec 1993 on BSE, May 2006 on NSE
Last close ₹17.79down ₹0.33 (1.82%)BSE ₹17.56

Share price at the NSE close on 29 Oct 2026. Previous close ₹18.12.

29 Oct: open ₹18.47, high ₹19.65, low ₹17.70

52-week range of traded prices to 29 Oct 2026
₹17.05Low, 26 Oct 2026₹36.80High, 13 Nov 2025
Market cap
₹55 Cr3,079th largest listed
P/E
Lossover the last 12 months
P/B
0.35
Dividend yield
Nonein the last 12 months
ROE
−0.2%
ROCE
−0.1%
Debt to equity
0.54
Volume, NSE
12,22090.1% delivered

Pioneer Embroideries share news and announcements

652 announcements, routine notices left out, newest first. Page 13 of 14.

  1. Sep 2008

    • 8 Sep · Extension of Financial Year / Others

      At the Meeting of Board of Directors held on September 8, 2008, the Board of Directors has decided to extend Accounting Year from June 30, 2008 (15 months) to September 30, 2008 i.e. for a period of 18 months (from April 1, 2007 to September 30, 2008) and hold the Annual General Meeting up to December 28, 2008 subject to approval by Registrar of Companies, Maharashtra. Further the Company have issued 45,00,000 Share Warrants to the warrant holders on January 13, 2007, out of that one Warrant holder opted for conversion of 1,70,000 Share Warrants into 1,70,000 equity shares and they were allotted these equity shares on March 30, 2007. The balance 43,30,000 Share Warrants are forfeited by the Company as per the terms and condition of letter of Allotment of Share Warrants.
    • 8 Sep · Board meeting

      At the board of Directors meeting held on September 8, 2008, the Board discussed the Company's financial commitments to various lenders vis-a-vis its present financial position and prevailing external adverse business environment. Accordingly, the Company has initiated a financial re-organization/ re-construction plan and a detailed scheme will be submitted to the lenders shortly. The Company has outsourced the services of M/S. Brescon Corporate Advisors Limited to advise the Company on the above matter.
    • 1 Sep · Board meeting

      Interalia to consider and approve the extension of Accounting Year from June 30, 2008 (15 months) to September 30, 2008 i.e. for a period of 18 months (from April 01, 2007 to September 30, 2008) and hold the Annual General Meeting upto 28th December, 2008 subject to approval by Registrar of Companies, Maharashtra. The Company has further informed that Company have already extended the Accounting year by a period of 3 months up to June 30, 2008 (from April 01, 2007 to June 30, 2008).
  2. Aug 2008

    • 4 Aug · Foreign Currency Convertible Bonds

      Pioneer Embroideries Ltd. had issued Series A and Series B of FCCBs on April 27, 2007 and the third Reset Date was 27.07.2008. The conversion price at the time of issuance was Rs.249.32 which has been reset on 27.07.2008 as per the Terms and Conditions of the Bonds. We have calculated the Reset Price as per the relevant Clauses of the Terms and Conditions of the Bonds and the Reset Price comes to Rs.101.50
  3. Jul 2008

    • 29 Jul · Board meeting

      Meeting of the Board of Directors of the Company held on July 28, 2008, has been adjourned to August 04, 2008, interalia to consider and take on record the unaudited financial results for the quarter ended June 30, 2008.
    • 21 Jul · Board meeting

      To consider and take on record inter alia the Unaudited Financial Results (Provisional) for the Quarter ended on June 30, 2008.
    • 9 Jul · Management

      Mr. Shashikant Kedia has resigned as CFO and Company Secretary of the Company w.e.f 9th July, 2008. He was also appointed as Compliance officer. Further the company has appointed the following officer as Compliance Officer : Mr. Uday Nimlekar; Email id : uday@pelhakoba.com.
    • 8 Jul · Management

      Mr. Dev Raj Mehta - Independent Professional Director has resigned from the Directorship of the Company with effect from July 07, 2008. Further the Company has informed that Mr. Varad Khanna has been appointed as an Additional Director on the Board of the Company. He is a Non-Executive Independent Director on the Board with effect from July 07, 2008. Mr. Varad Khanna Co-opted as member of the Audit Committee with effect from July 07, 2008.
  4. May 2008

    • 3 May · Utilisation of Funds

      Vide notes to Accounts in the unaudited financial results for the quarter ended March 31, 2008 (taken on record by the Board of Directors of the Company at its meeting held on April 29, 2008) that: "FCCB issue proceeds have been utilized as per the norms either in joint ventures or acquisition of assets. Pending full utilization, the balance funds have been invested in deposits with banks abroad".
  5. Apr 2008

    • 22 Apr · Board meeting

      Meeting on 29 Apr 2008: “Unaudited Financial Results for the qtr ended March 31, 2008”
  6. Mar 2008

    • 31 Mar · Foreign Currency Convertible Bonds

      Pioneer Embroideries Ltd. had issued Series A and Series B of FCCBs on 27th April, 2007 and the Second Reset Date was 27.3.2008. The conversion price at the time of issuance was Rs.249.32 which has been reset on 27.3.2008 as per the Terms and Conditions of the Bonds. We have calculated the Reset Price as per the relevant clauses of the Terms and Conditions of the Bonds and the Reset Price comes to Rs.155.92
    • 26 Mar · Extension

      At the meeting of Board of Directors held on 26th March, 2008 the company has decided to extend the Accounting year of the Company from April, 07 - March, 08 (12 months) to April, 07 - June, 08 (Fifteen months) and accordingly, the company will be preparing its Annual Accounts from 1st April, 2007 to on 30th June, 2008
  7. Feb 2008

    • 7 Feb · Utilisation of Funds

      Vide notes to Accounts in the Unaudited Financial Results for the quarter ended December 31,2007 (taken on record by the Board of Directors of the Company at its meeting held on January 29, 2008) that: "FCCB issue proceeds have been utilized as per the norms either in joint ventures or acquisition of assets. Pending full utilization, the balance funds have been invested in deposits with banks abroad".
  8. Jan 2008

    • 31 Jan · Conversion of FCCBs

      The company had issued FCCBs to Lehman Brothers Intl. Europe. As per the terms and conditions of FCCBs, they have intimated the Company for conversion of FCCBs to the extent of US $ 20 Lacs in to Equity Shares. The Company in its Board meeting held on Tuesday, 29th January, 2008 has allotted 3,94,356 Equity Shares of Rs. 10/- each to Lehman Brothers Intl. Europe at the conversion price of Rs. 223.96 per share against the conversion of FCCBs. The conversion rate as per FCCBs terms and conditions 1US $= Rs. 44.16.
    • 21 Jan · Board meeting

      Meeting on 29 Jan 2008: “Unaudited Financial Results for the qtr ended Dec 31, 2007”
    • 17 Jan · Updates

      Our Company had issued USD 30 mn FCCBs on 27th April, 2007. The Bonds, which were issued at a Conversion price of Rs. 249.32 had the first reset at the beginning of 9th month following the issue Date i.e. on 27.12.2007. As per the terms and conditions of the Bonds the Reset Price calculates to Rs.223.96
    • 17 Jan · Management

      The Company has appointed Mr. Shashikant G. Kedia as Company Secretary of the Company w.e.f. 2nd January, 2008. He is also appointed as Compliance Officer of the Company. His Phone No., Fax No and Email ID is given below: Phone No.: 022-40600300; Fax No.: 022-40600324; Email ID: shashikant.kedia@pelhakoba.com
  9. Dec 2007

    • 17 Dec · Outcome of meeting

      Pioneer Embroideries Limited had informed the Exchange interalia that the shareholders of the company at their Extraordinary General Meeting held on 10th December, 2007, has approved the Employees Stock Option Scheme (ESOS) 2007 of the Company and also extending benefits of the same to the eligible employees of the subsidiary Companies. The company has now informed that: "In furtherance to the above and pursuant to the requirements of the listing agreement, we have to inform you that the Compensation Committee of Directors, at its meeting held today, i.e. 14th December, 2007 has approved grant of 1,71,000 Stock Options to the eligible employees of the Company and/or its subsidiary Companies, including eligible Directors of the Company, against which 1,71,000 equity share can be allotted based on right to apply for one equity share against each option. The said Options have graded vesting period ranging from one year to three years from the date of grant and the same can be exercised within two years from the date of their respective vesting. The exercise price has been fixed based on one day's prior closing price of equity share of the Company on NSE i.e. Rs.217.75 (on 13th December 2007). With the above 1st grant of 1,71,000 Stock Options under the ESOS 2007 of the Company, now there will be 4,19,693 Stock Options available under the ESOS for further grant in future."
    • 10 Dec · Meeting

      The Members of the Company at their Extra Ordinary General Meeting held on December 10, 2007 have approved the following: 1) To create, issue & grant maximum of 5,90,693 Employee Stock Options to the eligible present and future Employees of the Company under Company's Employee Stock Option Scheme, 2007; 2). To extend the benefits of the Employee Stock Option Scheme, 2007 to all eligible present and future employees of existing and future subsidiary(ies) of the Company
  10. Nov 2007

    • 23 Nov · Meeting

      Extra-Ordinary General Meeting of the Company to be held on December 10, 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.
    • 21 Nov · Miscellaneous

      Pioneer Embroideries Limited has entered into a Development Agreement with Sunteck Realty & Infrastructure Ltd for Development of its property, situated at Hakoba Compound, Western Express Highway, Borivali - East, Mumbai - 400066
    • 12 Nov · Meeting

      Board of Directors of the Company at its meeting held on November 12, 2007 has inter alia decided as under: (1) Approved the Employees Stock Option Scheme 2007 of the Company and issue of Securities on the basis of and as per terms and conditions of the said Scheme, up to a maximum of 5,90,693 Equity Shares of Rs.10/- each which is 5% of the Paid up Share Capital of the Company. (2) The Registered Office of the Company shall remain at the present address at Hakoba Compound, Western Express Highway, Borivali (East), Mumbai 400066. (3) To convene an Extra-ordinary General Meeting of the members of the Company on December 10, 2007 to obtain their approval to the above decision of the Board.
    • 5 Nov · Board meeting

      To consider inter alia, i) For approval of the Employees Stock Option Scheme of the Company, to decide on the number of options covered under it and other related matters. ii) To shift the registered office of the Company. iii) To convey the Extra Ordinary General Meeting of Members of the Company.
    • 1 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 utilized part of the FCCB issue proceeds towards purchase of Assets of Dyed Polyester Yarn at Surat & Kim and Assets of Arcot Textile Mills Ltd having facilities for spinning cotton & blended yarn at Kallakurichi, Tamilnadu. The Company has also invested part of the funds in Joint Ventures at Nigeria and Mauritius. Pending full utilization, the balance funds have been invested in deposits with banks abroad".
  11. Oct 2007

    • 23 Oct · Board meeting

      Meeting on 30 Oct 2007: “Unaudited Results for Qtr & Half year ended Sep 30, 2007”
    • 11 Oct · Management

      The Board of Directors at their meeting held on 11th October 2007 at the Registered Office of the Company inter alia approved the following: 1) In principal approval to offer the ESOPs (Employee Stock Option Scheme) to Employees of the Company. The details of the Scheme and the terms and conditions will be decided in the next Board Meeting. 2) Acceptance of Resignation of Mr. Babulal Choraria - Non Executive Director of the Company with effect from 11th October, 2007 from the Office of Director and Audit and Remuneration Committee. He is also the Chairman of the Audit Committee. 3) Appointment of Mr. Mahendra Sekhani as the Chairman of the Audit Committee w e f 11th October 2007. 4) Appointment of Mr. Mahendra Sekhani as Member of the Remuneration Committee
    • 3 Oct · Meeting

      Outcome of the Annual General Meeting of the company held on September 29, 2007. The details of the business transacted at the Annual General Meeting 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.
  12. Sep 2007

    • 20 Sep · Miscellaneous

      Board of Directors at their meeting held on September 20, 2007 at the Registered Office of the Company inter alia approved the following: (1) to enter into MOU for purchase of manufacturing facilities of Arcot Textile Mill Limited consisting of all fixed assets situated at Ulagankathan village, Kallakurichi, Tamilnadu.
    • 7 Sep · Limited Review Report

      Auditor's have conducted the limited review of the unaudited financial results for the quarter ended June 30, 2007. 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.
  13. Aug 2007

    • 31 Aug · Meeting

      Register of Members and Share Transfer Books of the Company will remain closed from September 26, 2007 to September 29, 2007 (both days inclusive) for the purpose of Declaration of Dividend for the year 2006-2007, and Annual General Meeting. The Annual General Meeting will be held on September 29, 2007.
    • 31 Aug · Board meeting

      Board of Directors of the Company at their meeting held on August 30, 2007 has approved the Annual Accounts for the year ended on March 31, 2007. 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.
    • 31 Aug · Dividend

      Board of Directors at their meeting held on August 30, 2007 have recommended a dividend @15% i.e. Rs.1.50 per equity share for the year ended March 31, 2007 and shall be paid to the shareholders on being approved by the members at the ensuing Annual General Meeting of the Company. Further, the Board of Directors have also approved: a) To Investment Fund of Company: The Board decided to invest fund of the company up to extent of Rs.500 Crores subject to approval from shareholders and other necessary approvals for and entering into various joint ventures and strategic partnership wholly owned subsidiaries abroad and within India. The Board further decided to invest on immediate basis fund of the company within the prescribed limit of 60% of Networth of the company as allowed u/s 372A of the Company Act, 1956. b) Mr. Raj Kumar Sekhani has been appointed Chairman and Managing Director of the Company subject to the approval of Shareholders at the ensuing Annual General Meeting of the Company.
    • 27 Aug · Board meeting

      To consider inter alia following agenda 1) Approval of draft Annual Accounts for the year ended March 31, 2007. 2) Recommendation of Dividend for the year 2006-2007. 3) To Consider purchase of yarn unit. 4) To Invest the fund of the Company. 5) To appoint Mr. Raj Kumar Sekhani as Managing Director of the Company.
    • 13 Aug · Management

      The Board of Directors of the Company met on 13th August 2007 and approved inter alia the following items on the agenda: Mr. Mahendra Sekhani has been appointed as an Additional Director on the board of the company. He is a Non-Executive Director on the board
    • 1 Aug · Management

      Mr. Ajay Kumar Agrawal - Executive Director has resigned from the Directorship of the Company with effect from July 30, 2007.
  14. Jul 2007

    • 31 Jul · Utilisation of Funds

      The company has utilized part of the FCCB issue proceeds towards funding of capital expenditure programme and issue expenses. Pending full utilization, the balance funds have been invested in deposits with banks abroad
    • 19 Jul · Board meeting

      Meeting on 30 Jul 2007: “Unaudited financial results for quarter ended June 30, 2007”
  15. Jun 2007

    • 5 Jun · Issue of Foreign Currency Convertible Bonds

      We have issued & allotted US$ 5 Million Zero Coupon Foreign Currency Convertible Bonds ("FCCBs") under Green Shoe Option. Earlier we had issued FCCBs in the principal amount of USD 25,000,000 (USD 25 million only). Other terms and conditions for the above said allotment are same as of FCCB of USD 25,000,000 (USD 25 million only). The Company had previously obtained the approval of its shareholders to issue FCCBs up to a value of US$ 50 Million. Athena Capital Partner LLP was the lead manager for this issue, Atherstone Capital (Asia) Limited was the financial advisor and Rajani Associates were legal advisers to the Issue
  16. May 2007

    • 16 May · News Verification

      News Verification : The media had reports that Pioneer Embroideries Limited may secure a deal from a US retailing giant to supply embroideries. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Pioneer Embroideries Limited has vide its letter inter-alia stated, "With reference to the above news item, we would like to inform you that the company is a preferred vendor for supply of embroideries to few US International brands through their offices in India / buying agencies. This is the normal routine business activity of the company. The Company in the recent past has issued FCCB of USD 25 Million for its future expansion plans, which are further expansion in its embroidery division, Dope Dyed division and overseas acquisition. This proposed acquisition will help the company in consolidating its presence internationally as well help catering the export market in better way."
    • 10 May · Analysts

      Presentation made in the Analyst Meet held on May 09, 2007. 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.
  17. Apr 2007

    • 30 Apr · Issue of Foreign Currency Convertible Bonds

      April 30, 2007 that: "Pioneer Embroideries Limited has issued & allotted US$ 25 million Zero Coupon Foreign Currency Convertible Bonds ("FCCBs") with a maturity of 5 years and one day. The FCCBs were issued in the principal amount of Series A US$ 15 million and Series B US$ 10 million and are convertible into ordinary shares of the Company at an initial conversion price of Rs 249.32 per share on the terms and condition mentioned in the offer circular. The FCCBs have an 8% per annum yield to maturity. The said issue was made at 20% premium to the reference date price. The Company had previously obtained the approval of its shareholders to issue FCCBs up to a value of US$ 50 Million. These FCCBs will be listed on the Singapore Stock Exchange. Athena Capital Partner LLP was the lead manager for this issue, Atherstone Capital (Asia) Limited was the financial advisor and Rajani Associates were legal advisers to the Issue".
    • 30 Apr · Management

      The Board of Directors of the Company, at their meeting held on 28th April, 2007, have decided to appoint Mr. Rajeev Jagdeesh Puri, Independent Director, on the Board of Directors of material non-listed Indian Subsidiary Company - Hakoba Lifestyle Limited
    • 28 Apr · Miscellaneous

      The Commercial Production of Polyester Dope Dyed Yarn Plant of the Company as set up at Kala Amb. Dist. Sirmaur in Himachal Pradesh has been started in the month of April 2007.
    • 24 Apr · Board meeting

      Meeting on 28 Apr 2007: “Unaudited Financial Results for the Qtr ended March 31, 2007”
    • 24 Apr · Miscellaneous

      The Company is having its manufacturing facilities situated at Mumbai, Sarigam, Naroli, Dadra, Karad, Coimbatore, Bangalore and Pune. Due to the surplus land availability and future land development prospects at these strategic locations, the Company has a plan to appoint an Independent Agency to advise the Company about the optimum usage of these locations as the Board of Directors may deem fit from time to time
    • 2 Apr · Board meeting

      The Board of Directors at their meeting held on 30th March 2007 at the Registered Office of the Company inter alia approved the following: a) Allotment of 13,33,333 Equity Shares of Rs.10/- each to the Shareholders of Royal Embroideries Private Limited, pursuant to the Scheme of Amalgamation of Royal Embroideries Private Limited and Grant Apparel Private Limited with Pioneer Embroideries Limited as approved by the respective Hon'ble High Court at Bombay and Karnataka; b) Allotment of 1,70,000 Equity Shares of Rs.10/- each to Pioneer E-Com Fashions Limited arising out of conversion of Share Warrants
  18. Mar 2007

    • 22 Mar · Board meeting

      To consider inter-alia : (1) Allotment of 13,33,333 Equity Shares of Rs. 10/- each to the Shareholders of Royal Embroideries Private Limited, pursuant to the Scheme of Amalgamation of Royal Embroideries Private Limited and Grant Apparel Private Limited with Pioneer Embroideries Limited as approved by the respective Hon'ble High Court at Bombay and Karnataka; (2) Allotment of 1,70,000 Equity Shares of Rs. 10/- each to Pioneer E-Com Fashions Limited arising out of conversion of Share Warrants.
  19. Feb 2007

    • 2 Feb · Management

      Mr. Mahesh Singhi has resigned from the Directorship of the Company with effect from 24th January, 2007. With the resignation of Mr. Mahesh Singhi, the Board of Directors of the Company comprises of the following Members :- (1) Mr. Raj Kumar Sekhani; Designation - Chairman. (2) Mr. Harsh Vardhan Bassi; Designation - Executive Director. (3) Mr. Ajay Kumar Agrawal; Designation - Executive Director. (4) Mr. Dev Raj Mehta; Designation - Director. (5) Mr. Babulal Choraria; Designation - Director. (6) Mr. Rajeev Jagdeesh Puri; Designation - Director.
    • 2 Feb · Miscellaneous

      The Embroidery Plant of the Company situated at Primer Industrial Estate, Survey No. 678/1/2, Village Naroli Dadra & Nagar Haveli (U.T.) caught fire on February 01 2007
  20. Jan 2007

    • 16 Jan · Board meeting

      Meeting on 24 Jan 2007: “Unaudited Financial Results for the quarter ended Dec 31, 06”