SARDA ENERGY & MINERALS LTD.
NSE : SARDAENBSE : 504614ISIN
CODE : INE385C01021Industry : Steel & Iron ProductsHouse
: Private
BSE231.70-5.4 (-2.28 % )
PREV CLOSE (Rs.) 237.10
OPEN PRICE (Rs.) 238.65
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 41711
TODAY'S LOW / HIGH (Rs.)
52 WK LOW / HIGH (Rs.)
NSE232.15 -5.95 (-2.5 % )
PREV CLOSE(Rs.) 238.10
OPEN PRICE (Rs.) 238.00
BID PRICE (QTY) 232.15 (193 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 416049
TODAY'S LOW / HIGH(Rs.)
52 WK LOW / HIGH (Rs.)
Company News
| Date | Heading | Details |
|---|---|---|
| 22-Mar-2024 | Sarda Energy & Minerals' JV gets Letter of Intent for Composite Licence | <p style="text-align: justify;">Sarda Energy & Minerals' subsidiary Joint Venture Company -- Natural Resources Energy (NREPL) has received Letter of Intent for Composite Licence from Industry, Energy, Labour and Mining Department, Government of Maharashtra, for Surjagad 1 Iron Ore Block in the state of Maharashtra for iron ore for an area of 1526 hectare. The company has 51% economic interest in Natural Resources Energy.</p><p style="text-align: justify;">Sarda Energy & Minerals (SEML) is one of the lowest cost producers of steel (sponge iron, billets, ingots, TMT bars) and one of the largest manufacturers and exporters of ferro alloys in India.</p> |
| 22-Mar-2024 | Sarda Energy & Minerals zooms as its JV gets Letter of Intent for Composite Licence | <p style="text-align: justify;">Sarda Energy & Minerals is currently trading at Rs. 221.00, up by 25.20 points or 12.87% from its previous closing of Rs. 195.80 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 204.15 and has touched a high and low of Rs. 225.50 and Rs. 201.40 respectively. So far 301900 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 264.95 on 15-Dec-2023 and a 52 week low of Rs. 96.70 on 28-Mar-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 225.50 and Rs. 189.60 respectively. The current market cap of the company is Rs. 7810.53 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 72.64%, while Institutions and Non-Institutions held 6.66% and 20.70% respectively.</p><p style="text-align: justify;">Sarda Energy & Minerals' subsidiary Joint Venture Company -- Natural Resources Energy (NREPL) has received Letter of Intent for Composite Licence from Industry, Energy, Labour and Mining Department, Government of Maharashtra, for Surjagad 1 Iron Ore Block in the state of Maharashtra for iron ore for an area of 1526 hectare. The company has 51% economic interest in Natural Resources Energy.</p><p style="text-align: justify;">Sarda Energy & Minerals (SEML) is one of the lowest cost producers of steel (sponge iron, billets, ingots, TMT bars) and one of the largest manufacturers and exporters of ferro alloys in India.</p><div style="text-align: justify;"><br></div> |
| 22-Mar-2024 | Appointment of Director | Inter alia, approved: - Approved the appointment of Mr. Upendra Prasad Singh (DIN: 00354985) as Additional Director in the category of Independent Director of the Company with effect from 20th March 2024. Further, the Board also approved seeking consent of shareholders for appointment of Independent Directors through Postal Ballot with authority to the Chairman & Managing Director to decide the timing of Postal Ballot. |
| 22-Mar-2024 | Notice of Postal Ballot | Inter alia, approved: - Approved the appointment of Mr. Upendra Prasad Singh (DIN: 00354985) as Additional Director in the category of Independent Director of the Company with effect from 20th March 2024. Further, the Board also approved seeking consent of shareholders for appointment of Independent Directors through Postal Ballot with authority to the Chairman & Managing Director to decide the timing of Postal Ballot. |
| 05-Mar-2024 | PVR INOX, Sarda Energy and Welspun Corp to see some action today | <p style="text-align: justify;"><span style="font-weight: bold;">PVR INOX</span> has opened the biggest cinema in Faridabad that features the largest screen. Located at the Mall of Faridabad, NIT, the 6-screen cinema is set to redefine Faridabad's entertainment landscape unveiling the First P [XL] Large Screen Format in the city with Laser Projection offering residents yet another out-of-home entertainment destination to watch movies in the best immersive environment. With this opening, PVR INOX unveils its 6th cinema in Faridabad and will strengthen its foothold in Haryana with 94 screens in 23 properties continuing its expansion in the Northern part of India with 469 screens in 104 properties.</p><p style="text-align: justify;"><span style="font-weight: bold;">Sarda Energy & Minerals </span>(SEML) has incorporated a Joint Venture subsidiary company ‘Bartunga Coal' (BCPL). BCPL has been incorporated as a Special Purpose Vehicle for carrying out the Re-opening, Salvaging, Rehabilitation, Development and Operation of Bartunga Hill Coal Mine of South Eastern Coalfileds. BCPL is yet to commence its business operations.</p><p style="text-align: justify;"><span style="font-weight: bold;">Welspun Corp</span>'s step down subsidiary -- Sintex Advance Plastics (SAPL) has planned to set up a manufacturing facility for Plastic Pipes and Water Storage Tanks in Madhya Pradesh for an approximate investment of Rs 400 crore. The project is likely to be implemented over the next six quarters and create employment opportunities for about 350 people.</p><p style="text-align: justify;"><span style="font-weight: bold;">Easy Trip Planners </span>(EaseMyTrip) has partnered with Punjab National Bank (PNB), nation's leading public sector bank, to launch ‘PNB EMT Credit Card'. This power-packed co-branded travel credit card is aimed at mass to premium customer segments and has been meticulously designed to offer a variety of rewards for the Indian travellers. Customers can log in to easemytrip.com or pnbindia.in or PNB ONE App to avail this credit card and earn rewards in a variety of categories, including flights, hotels, and holiday packages.</p><p style="text-align: justify;"><span style="font-weight: bold;">Cyient </span>has entered into partnership with the Massachusetts Medical Device Industry Council (MassMedic), the largest regional MedTech association in the United States. This partnership signifies a strategic move by Cyient to deepen its commitment to the healthcare sector, leveraging its extensive expertise in engineering and digital technologies to drive forward MedTech innovation. Through this collaboration, Cyient aims to support the MedTech community by enhancing product development, testing, and compliance with regulatory standards. </p><div style="text-align: justify;"><div><p><span style="font-weight: bold;">Tata Motors </span>has given the green light to a plan to divide the company into two distinct listed entities, one focusing on passenger vehicles and the other on commercial vehicles.</p><p>The Reserve Bank of India (RBI) has debarred <span style="font-weight: bold;">IIFL Finance</span> from sanctioning and disbursing fresh gold loans following material supervisory concerns and to protect the interests of customers with immediate effect.</p></div></div> |
| 04-Mar-2024 | Sarda Energy & Minerals incorporates Joint Venture subsidiary | <p style="text-align: justify;">Sarda Energy & Minerals (SEML) has incorporated a Joint Venture subsidiary company ‘Bartunga Coal' (BCPL). BCPL has been incorporated as a Special Purpose Vehicle for carrying out the Re-opening, Salvaging, Rehabilitation, Development and Operation of Bartunga Hill Coal Mine of South Eastern Coalfileds. BCPL is yet to commence its business operations.</p><p style="text-align: justify;">Sarda Energy & Minerals (SEML) is one of the lowest cost producers of steel (sponge iron, billets, ingots, TMT bars) and one of the largest manufacturers and exporters of ferro alloys in India.</p> |
| 29-Feb-2024 | Sarda Energy & Minerals informs about loss of share certificate | <div>Sarda Energy & Minerals has informed that the Company/ R&T Agent has received information of loss/misplacement of Share Certificates and request for issue of Duplicate Share Certificate, as per details enclosed.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div> |
| 19-Feb-2024 | Appointment of Director | Inter alia, approved :- 1. appointed, on the recommendation of the Nomination & Remuneration Committee, subject to approval of the shareholders, Mr. Rajeev Sharma (DIN: 00973413) as an Independent Director for first term of 5 years w.e.f. 3rd February 2024. |
| 13-Feb-2024 | Sarda Energy & Minerals informs about transcript conference call | <p style="text-align: justify;">Sarda Energy & Minerals has informed that it enclosed the transcript of the Q3 & nine months FY 2024 Earnings Conference Call conducted on 6th February 2024. This information is being hosted on the Company's website - www.seml.co.in.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p> |
| 06-Feb-2024 | Sarda Energy & Minerals informs about investor presentation | <div style="text-align: justify;">Pursuant to Regulation 30 (6) read with Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulation 2015, Sarda Energy & Minerals has enclosed the Investor Presentation on the Q3/FY24 results of the Company. The said Investor Presentation is also being placed on the website of the Company - www.seml.co.in. The said presentation will also be shared with various Analysts / Investors. </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> |
