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Company Profile

CIE AUTOMOTIVE INDIA LTD.

NSE : CIEINDIABSE : 532756ISIN CODE : INE536H01010Industry : ForgingsHouse : Mahindra & Mahindra - MNC
BSE480.20-2.05 (-0.43 % )
PREV CLOSE (Rs.) 482.25
OPEN PRICE (Rs.) 487.60
BID PRICE (QTY) 475.50 (5 )
OFFER PRICE (QTY) 483.00 (10 )
VOLUME 10263
TODAY'S LOW / HIGH (Rs.)469.75 487.60
52 WK LOW / HIGH (Rs.)401 578.1
NSE479.35 -3.25 (-0.67 % )
PREV CLOSE(Rs.) 482.60
OPEN PRICE (Rs.) 482.05
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 479.35 (128 )
VOLUME 261975
TODAY'S LOW / HIGH(Rs.) 468.35 484.55
52 WK LOW / HIGH (Rs.)406.8 579.75

Company News

Date Heading Details
26-Apr-2024 CIE Automotive India's arm acquires 27.89% stake in Ojaha Renewables <p style="text-align: justify;">CIE Automotive India's wholly-owned subsidiary -- CIE Hosur (CHL) has acquired 202500 equity shares of Rs 10 each which constitutes 27.89% of the Paid up Equity Share Capital of Ojaha Renewables (ORPL). With this, ORPL has become an associate of CHL.&nbsp;</p><p style="text-align: justify;">Ojaha Renewables will be setting up captive generating plants of the Capacity of 4.5 MWp and supply solar power from this plant to CHL's factory in Tamil Nadu. In order to qualify as a captive consumer, the Company must hold atleast 26% of the total equity capital of the power generating plant. Accordingly, the investment is essentially to qualify as a captive consumer and thereby optimising the power cost at CHL's plant in Tamil Nadu.</p><p style="text-align: justify;">CIE Automotive India is engaged in the business of production and sale of automotive components to original equipment manufacturers and other customers (including leading suppliers of components) in India and overseas.</p>
26-Apr-2024 CIE Automotive India rises as its arm acquires 27.89% stake in Ojaha Renewables <p style="text-align: justify;">CIE Automotive India is currently trading at Rs. 490.00, up by 1.55 points or 0.32% from its previous closing of Rs. 488.45 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 484.05 and has touched a high and low of Rs. 490.55 and Rs. 484.05 respectively. So far 2315 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. 578.10 on 19-Jul-2023 and a 52 week low of Rs. 381.55 on 27-Apr-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 505.80 and Rs. 475.60 respectively. The current market cap of the company is Rs. 18543.23 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 65.70%, while Institutions and Non-Institutions held 23.28% and 11.03% respectively.</p><p style="text-align: justify;">CIE Automotive India's wholly-owned subsidiary -- CIE Hosur (CHL) has acquired 202500 equity shares of Rs 10 each which constitutes 27.89% of the Paid up Equity Share Capital of Ojaha Renewables (ORPL). With this, ORPL has become an associate of CHL.&nbsp;</p><p style="text-align: justify;">Ojaha Renewables will be setting up captive generating plants of the Capacity of 4.5 MWp and supply solar power from this plant to CHL's factory in Tamil Nadu. In order to qualify as a captive consumer, the Company must hold atleast 26% of the total equity capital of the power generating plant. Accordingly, the investment is essentially to qualify as a captive consumer and thereby optimising the power cost at CHL's plant in Tamil Nadu.</p><p style="text-align: justify;">CIE Automotive India is engaged in the business of production and sale of automotive components to original equipment manufacturers and other customers (including leading suppliers of components) in India and overseas.</p>
04-Apr-2024 CIE Automotive India informs about issuance of letter of confirmation <p style="text-align: justify;">With reference to its letter dated 12th March 2024 and 14th March 2024 respectively, informing the stock exchanges about receipt of information of loss of share certificate(s) from the shareholders as mentioned. CIE Automotive India has informed, based on information received from the Company's Registrar and Transfer Agent, that in terms of Regulation 39(3) of SEBI LODR Regulations, the letter of confirmations in lieu of the share certificates reported lost / misplaced has been issued as per SEBI Master Circular No. SEBI/HO/MIRSD/POD-1/P/CIR/2023/70 dated 17th May 2023, to the said shareholders, details of which are provided in Annexure 1 hereto. The same is also being uploaded on the website of the Company: www.cie-india.com.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p>
20-Feb-2024 CIE Automotive India informs about details of loss of certificate <div style="text-align: justify;">With reference to letter dated 08th February 2024 and 09th February 2024 respectively, informing the stock exchanges about receipt of information of loss of share certificate(s) from the shareholders as mentioned therein, CIE Automotive India has informed based on information received from the Company's Registrar and Transfer Agent, that in terms of Regulation 39(3) of SEBI LODR Regulations, the letter of confirmations in lieu of the share certificates reported lost / misplaced has been issued as per SEBI Master Circular No. SEBI/HO/MIRSD/POD-1/P/CIR/2023/70 dated 17th May 2023, to the said shareholders, details of which are provided in Annexure 1 hereto. The same is also being uploaded on the website of the Company i.e., www.cie-india.com.</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>
30-Jan-2024 CIE Automotive India's arm to subscribe upto 27.89% equity share capital in ORPL <p style="text-align: justify;">CIE Automotive India's wholly-owned subsidiary -- CIE Hosur (CHL) has entered into Share Subscription and Shareholders agreement to subscribe upto 27.89% of the equity share capital of Ojaha Renewables (ORPL) and invest an amount upto Rs 1.62 crore towards subscription of equity share capital. This will entitle CHL to source green energy from captive solar power generating plants to be set up by ORPL.&nbsp;</p><p style="text-align: justify;">Ojaha Renewables will be setting up captive generating plants of the Capacity of 4.5 MWp and supply solar power from this plant to CHL's factory in Tamil Nadu. In order to qualify as a captive consumer, the Company must hold atleast 26% of the total equity capital of the power generating plant. Accordingly, the investment is essentially to qualify as a captive consumer and thereby optimising the power cost at CHL's plant in Tamil Nadu.</p><p style="text-align: justify;">CIE Automotive India is engaged in the business of production and sale of automotive components to original equipment manufacturers and other customers (including leading suppliers of components) in India and overseas.</p>
12-Jan-2024 CIE Automotive India submits certificate <p style="text-align: justify;">Pursuant to Regulation 7(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR) as amended from time to time, CIE Automotive India has submitted Certificate confirming compliance with Regulation 7(2) of the LODR. This certificate is being submitted for the financial year ended December 31, 2023 covering period from January 01, 2023 to December 31, 2023.</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>
15-Dec-2023 CIE Automotive India informs about loss of share certificate <div style="text-align: justify;">CIE Automotive India has informed that the Registrar and Share Transfer Agent (RTA) of the Company, has received intimation(s) from the registered holder of shares informing that original share certificate(s), as mentioned, is/are lost/misplaced by the shareholders Mahadeo D Shelke J/H Lata M Shelke (folio number -MAS0025419) and Mrs R Poongodi (folio number- MAS0014198).</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-Nov-2023 CIE Automotive India informs about investor meet <p style="text-align: justify;">Pursuant to Regulation 30 read with Para A of Schedule III and Regulation 46(2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, CIE Automotive India has informed that it enclosed the advance intimation of upcoming Investor Relation Interactions as on 30th November, 2023. The same is being uploaded on the website of the Company: www.cie-india.com.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p>
26-Oct-2023 CIE Automotive India informs about institutional investor meet <p style="text-align: justify;">Pursuant to Regulation 30 read with Para A of Schedule III and Regulation 46(2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 CIE Automotive India has informed that it enclosed the advance intimation of upcoming Investor Relation Interactions as on 26th October, 2023. The same is being uploaded on the website of the Company: www.cie-india.com.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p>
19-Oct-2023 CIE Automotive India informs about newspaper advertisement <p style="text-align: justify;">Pursuant to Regulation 47 of the SEBI Listing Regulations, CIE Automotive India has informed that it enclosed copies of newspaper advertisement pertaining to publication of Financial Results for the quarter and nine months ended 30th September, 2023. The advertisement was published in ‘Business Standard' and ‘Sakal' (including their electronic editions) today 19th October, 2023. The same is also being uploaded on the website of the Company.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p>