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Company Profile

FAZE THREE LTD.

NSE : FAZE3QBSE : 530079ISIN CODE : INE963C01033Industry : TextileHouse : Private
BSE417.75-12.75 (-2.96 % )
PREV CLOSE (Rs.) 430.50
OPEN PRICE (Rs.) 426.90
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 2299
TODAY'S LOW / HIGH (Rs.)413.15 434.85
52 WK LOW / HIGH (Rs.)334.55 539.9
NSE416.20 -13.9 (-3.23 % )
PREV CLOSE(Rs.) 430.10
OPEN PRICE (Rs.) 429.00
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 416.20 (85 )
VOLUME 18474
TODAY'S LOW / HIGH(Rs.) 413.95 434.70
52 WK LOW / HIGH (Rs.)330.8 540

Company News

Date Heading Details
17-May-2024 Faze Three submits board meeting intimation <div style="text-align: justify;">Pursuant to Regulation 29 and 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Faze Three has informed that, a meeting of the Board of Directors of the Company is scheduled to be held on Thursday, May 23, 2024, to consider and approve the (Standalone and Consolidated) Audited Financial Statements / Results of the Company for the Financial Year and Quarter ended March 31, 2024. Further to letter dated March 30, 2024, the Trading Window for dealing in the Securities of the Company by all the directors, promoters and promoter group, designated persons, all connected persons and their immediate relatives has already been closed with effect from April 01, 2024 and shall remain closed till Forty-Eight (48) hours after the declaration of the (Standalone and Consolidated) Audited Financial Statements / Results of the Company for the Financial Year and Quarter ended March 31, 2024.</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><div style="text-align: justify;"><br></div>
30-Mar-2024 Faze Three informs about closure of trading window <p style="text-align: justify;">Pursuant to the provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the Company's Code of Conduct, Faze Three has informed that the Trading Window for dealing in Securities of the Company will remain closed for all the Directors, Promoters, Designated Persons and their immediate relatives from April 01, 2024 till Forty-Eight hours after the conclusion of the Meeting of the Board of Directors to be held for the purpose of considering the Audited Financial Results/Statements of the Company for the fourth quarter and year ended March 31, 2024. The date of meeting of the Board for the aforesaid purpose shall be intimated in due course of time.&nbsp;</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-Mar-2024 Faze Three informs about disclosure <div>Faze Three has informed that it enclosed disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares &amp; Takeovers) Regulations, 2011 for Sanjay Anand &amp; PACs.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div>
18-Oct-2023 Faze Three informs about clarification on price movement <p style="text-align: justify;">With reference to its letter / clarification sought on October 17, 2023 on price movement, Faze Three has clarified that all events, information, etc., which may have a bearing on the Company's operations/ performance or any such material information which requires disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 or otherwise has been always disclosed by the Company promptly.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p>
12-Oct-2023 Faze Three informs about issuance of duplicate share certificates <p style="text-align: justify;">Pursuant to Regulation 39(3) of the Securities and Exchange Board of India (‘SEBI') (Listing Obligations and Disclosure Requirements) Regulations, 2015, Faze Three has informed that it enclosed a copy of the ‘Register of Renewed and Duplicate Share Certificates' received from Link Intime India (RTA) on October 11, 2023 for the duplicate share certificate issued in lieu of the lost/ misplaced original share certificate. Further, in accordance with the SEBI Circular No. SEBI/HO/MIRSD/MIRSD_RTAMB/P/CIR/2022/8 dated January 25, 2022, a letter of confirmation in lieu of the physical share certificate will be issued to the concerned shareholder within the prescribed timelines.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p>
25-Aug-2023 Faze Three informs about newspaper publication <p style="text-align: justify;">Pursuant to Regulation 30 and other applicable provisions of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended from time to time and in compliance with the General Circular No. 10/2022 dated December 28, 2022 and other Circulars issued by the Ministry of Corporate Affairs (‘MCA') from time to time, Faze Three has informed that it enclosed e-copies of the newspaper publication regarding ‘Notice of 38th Annual General Meeting and E-voting Information' published in the newspapers, Financial Express (Gujarati) and Indian Express (English) on Friday, August 25, 2023. This newspaper advertisement is also hosted on the Company's website at https://www.fazethree.com/.</p><div>The above information is a part of company's filings submitted to BSE.</div>
18-Aug-2023 Faze Three's arm acquires existing factory premises from Basell Polyolefins India <p style="text-align: justify;">Faze Three's Wholly Owned Subsidiary -- Mats and More has acquired an existing factory premises from Basell Polyolefins India situated at Aurangabad vide Deed of Assignment executed on August 17, 2023. The cost of acquisition for the said premises is Rs 5.16 crore and has an area of 10,500 sq. meter.</p><p style="text-align: justify;">The said acquisition empowers the company to pursue a growth plan for the category of outdoor and performance mats including patio mats. The said acquisition is part of the planned expansion as updated in the quarterly investor presentations from time to time.</p><p style="text-align: justify;">Faze Three manufactures and sells home furnishing products in India. It also offers automotive textiles to OEMs.</p><div style="text-align: justify;"><br></div>
18-Aug-2023 Faze Three jumps as its arm acquires existing factory premises from Basell Polyolefins India <p style="text-align: justify;">Faze Three is currently trading at Rs. 352.45, up by 7.10 points or 2.06% from its previous closing of Rs. 345.35 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 342.30 and has touched a high and low of Rs. 354.00 and Rs. 342.05 respectively. So far 15129 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 434.00 on 11-Jul-2023 and a 52 week low of Rs. 251.00 on 23-Feb-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 359.00 and Rs. 340.00 respectively. The current market cap of the company is Rs. 856.03 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 56.16%, while Institutions and Non-Institutions held 0.12% and 43.72% respectively.</p><p style="text-align: justify;">Faze Three's Wholly Owned Subsidiary -- Mats and More has acquired an existing factory premises from Basell Polyolefins India situated at Aurangabad vide Deed of Assignment executed on August 17, 2023. The cost of acquisition for the said premises is Rs 5.16 crore and has an area of 10,500 sq. meter.</p><p style="text-align: justify;">The said acquisition empowers the company to pursue a growth plan for the category of outdoor and performance mats including patio mats. The said acquisition is part of the planned expansion as updated in the quarterly investor presentations from time to time.</p><p style="text-align: justify;">Faze Three manufactures and sells home furnishing products in India. It also offers automotive textiles to OEMs.</p>
26-Jul-2023 Faze Three gains as its arm incorporates wholly owned subsidiary <p style="text-align: justify;">Faze Three is currently trading at Rs. 375.30, up by 0.45 points or 0.12% from its previous closing of Rs. 374.85 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 386.95 and has touched a high and low of Rs. 386.95 and Rs. 370.00 respectively. So far 10362 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 434.70 on 17-Aug-2022 and a 52 week low of Rs. 251.00 on 23-Feb-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 405.00 and Rs. 370.00 respectively. The current market cap of the company is Rs. 915.98 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 56.16%, while Institutions and Non-Institutions held 0.12% and 43.72% respectively.</p><p style="text-align: justify;">Faze Three's wholly owned subsidiary – Faze Three US LLC has incorporated a wholly owned subsidiary Company named ‘Faze Three SMS, LLC' in United States. Accordingly, Faze Three SMS, LLC shall be a step-down subsidiary and related party of the Company. Faze Three SMS, LLC, shall be pursuing business of home textile products in the USA primarily in the wall covering segment along with business partners and stakeholders.</p><p style="text-align: justify;">Faze Three manufactures and sells home furnishing products in India. It also offers automotive textiles to OEMs.</p>
25-Jul-2023 Faze Three's arm incorporates wholly owned subsidiary <p style="text-align: justify;">Faze Three's wholly owned subsidiary – Faze Three US LLC has incorporated a wholly owned subsidiary Company named ‘Faze Three SMS, LLC' in United States. Accordingly, Faze Three SMS, LLC shall be a step-down subsidiary and related party of the Company. Faze Three SMS, LLC, shall be pursuing business of home textile products in the USA primarily in the wall covering segment along with business partners and stakeholders.</p><p style="text-align: justify;">Faze Three manufactures and sells home furnishing products in India. It also offers automotive textiles to OEMs.</p>