BIRLA CORPORATION LTD.
NSE : BIRLACORPNBSE : 500335ISIN
CODE : INE340A01012Industry : DiversifiedHouse
: Birla MP
BSE1449.3016.8 (+1.17 % )
PREV CLOSE (Rs.) 1432.50
OPEN PRICE (Rs.) 1460.30
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 8369
TODAY'S LOW / HIGH (Rs.)
52 WK LOW / HIGH (Rs.)
NSE1447.95 17.15 (+1.2 % )
PREV CLOSE(Rs.) 1430.80
OPEN PRICE (Rs.) 1442.10
BID PRICE (QTY) 1447.95 (62 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 120074
TODAY'S LOW / HIGH(Rs.)
52 WK LOW / HIGH (Rs.)
Company News
| Date | Heading | Details |
|---|---|---|
| 24-Apr-2024 | Birla Corporation informs about loss of share certificate | <div style="text-align: justify;">Pursuant to Regulation 39(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Birla Corporation has informed that it enclosed the details of share certificates which have been reported as lost from the custody of the Shareholder and the Company has received a request for issue of Duplicate Share Certificate in lieu thereof. The Company/Registrar and Share Transfer Agent shall issue 'Letter of Confirmation' to the shareholder(s)/rightful owner(s) after completion of required formalities.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div> |
| 06-Mar-2024 | Allotment of Debentures | Inter-alia, to modify/alter the coupon rate on the 1500 listed, rated, secured, redeemable, non-convertible debentures (Series-IX) of face value of Rs. 10,00,000 each aggregating to Rs. 150,00,00,000/- (ISIN: INE340A07118) and subsequent amendment to the placement memorandum dated 8th February, 2022 and debenture trust deed dated 10th February, 2022. |
| 06-Feb-2024 | Birla Corporation informs about press release | <div>Birla Corporation has informed that it attached the copy of Press Release issued by the Company after the conclusion of the Board Meeting held on 6th February, 2024.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div> |
| 21-Dec-2023 | Birla Corporation informs about loss of share certificate | <div>Birla Corporation has informed that it enclosed the details of share certificates which have been reported as lost from the custody of the Shareholder and the Company has received a request for issue of Duplicate Share Certificates in lieu thereof. The Company/Registrar and Share Transfer Agent will issue 'Letter of Confirmation' to the shareholder(s)/rightful owner(s) after completion of required formalities.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div> |
| 20-Nov-2023 | Birla Corporation's cement plant gets license to use official API monogram | <p style="text-align: justify;">Birla Corporation's cement plant at Chanderia namely, Birla Cement Works has received license from American Petroleum Institute (API), to use official API monogram on manufactured products viz. API Well Cement Class G at Grade(s) HSR with effective from November 17, 2023, under the conditions in the official publications of the API and in accordance with the provisions of the License agreement.</p><p style="text-align: justify;">The Company intends to participate in the tender process for sale of API Well Cement Class G at Grade(s) HSR to cater to the needs of the oil exploration entities. </p><p style="text-align: justify;">Birla Corporation is primarily engaged in the manufacturing of cement as its core business activity. It has significant presence in the jute goods industry as well.</p> |
| 20-Nov-2023 | Birla Corporation gains as its cement plant gets license to use official API monogram | <p style="text-align: justify;">Birla Corporation is currently trading at Rs. 1317.45, up by 5.30 points or 0.40% from its previous closing of Rs. 1312.15 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 1327.95 and has touched a high and low of Rs. 1327.95 and Rs. 1311.40 respectively. So far 672 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1337.00 on 11-Sep-2023 and a 52 week low of Rs. 843.05 on 27-Feb-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 1327.95 and Rs. 1262.35 respectively. The current market cap of the company is Rs. 10141.60 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 62.90%, while Institutions and Non-Institutions held 22.58% and 14.52% respectively.</p><p style="text-align: justify;">Birla Corporation's cement plant at Chanderia namely, Birla Cement Works has received license from American Petroleum Institute (API), to use official API monogram on manufactured products viz. API Well Cement Class G at Grade(s) HSR with effective from November 17, 2023, under the conditions in the official publications of the API and in accordance with the provisions of the License agreement.</p><p style="text-align: justify;">The Company intends to participate in the tender process for sale of API Well Cement Class G at Grade(s) HSR to cater to the needs of the oil exploration entities. </p><p style="text-align: justify;">Birla Corporation is primarily engaged in the manufacturing of cement as its core business activity. It has significant presence in the jute goods industry as well.</p> |
| 03-Nov-2023 | Birla Corporation informs about loss of share certificate | <p style="text-align: justify;">Pursuant to Regulation 39(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Birla Corporation has informed that it enclosed the details of share certificates which have been reported as lost from the custody of the Shareholders and the Company has received requests for issue of Duplicate Share Certificates in lieu thereof. Pursuant to SEBI Circular No. SEBI/HO/MIRSD/MIRSD_RTAMB/P/CIR/2022/8 dated 25th January, 2022, the Company/Registrar and Share Transfer Agent shall issue 'Letter of Confirmation' to the shareholder(s)/rightful owner(s) after completion of required formalities.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p><div style="text-align: justify;"><br></div> |
| 28-Oct-2023 | Birla Corporation informs about issuance of letters of confirmation | <p style="text-align: justify;">Pursuant to Regulation 39(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/MIRSD/MIRSD_RTAMB/P/CIR/2022/8 dated 25th January, 2022, Birla Corporation has informed that it enclosed a statement providing the details of ‘Letter(s) of Confirmation' issued by the Registrar and Share Transfer Agent of the Company to the Shareholder/rightful owner, in lieu of physical share certificate(s) reported lost.</p><div>The above information is a part of company's filings submitted to BSE.</div> |
| 11-Oct-2023 | The Office of Collector (Mining) Madhya Pradesh imposes penalty on Birla Corporation | <p style="text-align: justify;">The Office of Collector (Mining), Satna, Madhya Pradesh has imposed penalty of Rs 8.42 crore on Birla Corporation for excess production of limestone from the captive mining for the period from 2000-01 to 2006-07, without obtaining environment clearance as per EIA Notification 1994. </p><p style="text-align: justify;">The Company did not take Environment Clearance due to the ambiguity in the provisions of EIA Notification 1994 which was only clarified subsequently by the principles laid down in the Common Cause judgement of Hon'ble Supreme Court dated August 02, 2017. However, the Company was having valid consent to operate the Mines from State Pollution Control Board. The Company remains committed to ensure compliance with all applicable laws. The Company is reviewing the Order and evaluating the next steps in this matter.</p><p style="text-align: justify;">Birla Corporation is primarily engaged in the manufacturing of cement as its core business activity. It has significant presence in the jute goods industry as well.</p> |
| 06-Sep-2023 | Birla Corporation draws up strategy to augment cement production capacity | <p style="text-align: justify;">Birla Corporation has drawn up a strategy to augment its cement production capacity to 25 million tonnes by the 2025-26 fiscal from the existing 20 million tonnes. The cement maker is planning to meet its targeted production by increasing capacity utilisation at its Mukutban plant in Maharashtra, setting up the second clinker unit at Maihar in Madhya Pradesh and constructing new grinding units.</p><p style="text-align: justify;">With the increasing capacity utilisation of the Mukutban unit, the company is confident of increasing its market share in the premium cement segment in that state, where other major players are active. The integrated Mukutban plant has an installed capacity of 3.9 million tonnes annually. The capacity utilisation at present stands at 40-45 per cent, and the company aims at a capacity utilisation of nearly 3 million tonnes by the 2024-25 fiscal.</p><p style="text-align: justify;">Birla Corporation is primarily engaged in the manufacturing of cement as its core business activity. It has significant presence in the jute goods industry as well.</p> |
