AUTOLINE INDUSTRIES LTD.
NSE : AUTOINDBSE : 532797ISIN
CODE : INE718H01014Industry : Auto AncillaryHouse
: Private
BSE99.380.72 (+0.73 % )
PREV CLOSE (Rs.) 98.66
OPEN PRICE (Rs.) 99.95
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 6519
TODAY'S LOW / HIGH (Rs.)
52 WK LOW / HIGH (Rs.)
NSE99.45 1.7 (+1.74 % )
PREV CLOSE(Rs.) 97.75
OPEN PRICE (Rs.) 101.50
BID PRICE (QTY) 99.45 (450 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 92479
TODAY'S LOW / HIGH(Rs.)
52 WK LOW / HIGH (Rs.)
Company News
| Date | Heading | Details |
|---|---|---|
| 28-Nov-2023 | Disclosure Pursuant To Regulation 30 Of SEBI (LODR) Regulations, 2015 | Company had made an application and filed form LLP 24 for voluntarily striking off of Autoline Locomotive Parts LLP. The application has been approved by MCA. Please take the same on the records. |
| 25-Nov-2023 | Autoline Industries informs about disclosure | <p style="text-align: justify;">Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015, Autoline Industries has informed that the Company had made an application and filed Form LLP 24 with Ministry of Corporate Affairs for voluntarily striking off name of Autoline Locomotive Parts LLP a subsidiary of the Company. The application of the Company has been approved by the Ministry of Corporate Affairs. The LLP Status of the said Autoline Locomotive Parts LLP is now showing as Strike Off. The details as per SEBI Circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13/07/2023 is attached.</p><div>The above information is a part of company's filings submitted to BSE.</div> |
| 26-Oct-2023 | Autoline Industries enters into Loan Agreement with Mahindra Finance | <p style="text-align: justify;">Autoline Industries has entered into Loan Agreement amounting to Rs 4 crore with Mahindra & Mahindra Financial Services (Mahindra Finance) on October 25, 2023. Unsecured Loan Agreement is entered into to avail both working capital finance & Pre-shipment Finance from Mahindra Finance.</p><p style="text-align: justify;">Autoline Industries is engaged in manufacturing of various auto parts/sheet metal components for passenger cars, sports utility vehicles (SUV), commercial vehicles, two-wheelers, three-wheelers, tractors, etc. </p><div style="text-align: justify;"><br></div> |
| 20-Oct-2023 | Autoline Industries informs about newspaper advertisements | <p style="text-align: justify;">Pursuant to the Regulation 47 of Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Autoline Industries has informed that it enclosed the newspaper advertisements published in Financial Express (Nationwide English Daily) and Loksatta (Marathi Daily) on October 20, 2023 informing about completion of dispatch of Notice calling an Extra-Ordinary General Meeting (‘EGM') of Members of the company scheduled to be held on Tuesday, November 7, 2023 at 2.30 pm through Video Conferencing (VC) / Other Audio-Visual Means (OAVM).</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p> |
| 13-Oct-2023 | Allotment of Convertible warrants | Inter-alia, has considered and approved subject to the approval of Shareholders of the Company and other necessary approvals:- (a) Raising of funds to the tune of Rs. 454878292.5 by way of preferential issue of up to 4437837 Compulsory Convertible Debentures (CCDs) at a price of Rs. 102.50/- each convertible into or exchangeable for 1 (One) fully paid-up Equity Shares of the Company having face value of Rs. 10/- (Rupees Ten only) at a premium of Rs. 92.50/- each (?Equity Shares?) to persons mentioned in Annexure I, not belonging to the promoter or promoter group of the Company, in accordance with Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 ("SEBI ICDR Regulations"), as amended, the Companies Act, 2013 and other applicable laws, as amended and this is subject to the approval of the shareholders of the Company and such regulatory/ statutory authorities as may be applicable. (b) Raising of funds to the tune of Rs. 22550000 by way of preferential issue of upto 2200000 Convertible Warrants having face value of Rs. 10 at a price of Rs. 102.50/- per Warrant (?Warrant Issue Price?) convertible into or exchangeable for 1 (One) fully paid-up Equity Shares of the Company having face value of Rs. 10/- (Rupees Ten only) at a premium of Rs. 92.50/- each (?Equity Shares?) to Mr. Shivaji Akhade and Mr. Sudhir Mungase, Promoters and Directors of the Company in accordance with Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 ("SEBI ICDR Regulations"), as amended, the Companies Act, 2013 and other applicable laws, as amended and this is subject to the approval of the shareholders of the Company and such regulatory/ statutory authorities as may be applicable (c) Increase in Authorised Share Capital of the Company and consequent alteration of Capital Clause V of the Memorandum of Association of the Company from the present Rs. 42,00,00,000 (Rupees Forty Two Crores only) consisting of 4,20,00,000 (Four Crores Twenty Lakhs only) Equity Shares of Rs. 10/- (Rupees Ten only) each to Rs. 46,00,00,000 (Rupees Forty Six Crores only) divided into 4,60,00,000 (Four Crores Sixty Lakhs only) Equity Shares of Rs. 10/- (Rupees Ten only) each. The above decision of the Board is subject to the approval of the shareholders and the Board approved the convening of Extra ordinary General Meeting (?EGM?) of the shareholders of the Company on Tuesday, November 7, 2023 for seeking the approval of the shareholders through video-conferencing or other audio-visual means in accordance with Circulars issued by the Ministry of Corporate Affairs. The Board approved and noted the resignation tendered by CS Shilpa Walunj from the post of the Company Secretary & Compliance Officer of the Company w.e.f. October 14, 2023. |
| 13-Oct-2023 | Allotment of Debentures | Inter-alia, has considered and approved subject to the approval of Shareholders of the Company and other necessary approvals:- (a) Raising of funds to the tune of Rs. 454878292.5 by way of preferential issue of up to 4437837 Compulsory Convertible Debentures (CCDs) at a price of Rs. 102.50/- each convertible into or exchangeable for 1 (One) fully paid-up Equity Shares of the Company having face value of Rs. 10/- (Rupees Ten only) at a premium of Rs. 92.50/- each (?Equity Shares?) to persons mentioned in Annexure I, not belonging to the promoter or promoter group of the Company, in accordance with Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 ("SEBI ICDR Regulations"), as amended, the Companies Act, 2013 and other applicable laws, as amended and this is subject to the approval of the shareholders of the Company and such regulatory/ statutory authorities as may be applicable. (b) Raising of funds to the tune of Rs. 22550000 by way of preferential issue of upto 2200000 Convertible Warrants having face value of Rs. 10 at a price of Rs. 102.50/- per Warrant (?Warrant Issue Price?) convertible into or exchangeable for 1 (One) fully paid-up Equity Shares of the Company having face value of Rs. 10/- (Rupees Ten only) at a premium of Rs. 92.50/- each (?Equity Shares?) to Mr. Shivaji Akhade and Mr. Sudhir Mungase, Promoters and Directors of the Company in accordance with Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 ("SEBI ICDR Regulations"), as amended, the Companies Act, 2013 and other applicable laws, as amended and this is subject to the approval of the shareholders of the Company and such regulatory/ statutory authorities as may be applicable (c) Increase in Authorised Share Capital of the Company and consequent alteration of Capital Clause V of the Memorandum of Association of the Company from the present Rs. 42,00,00,000 (Rupees Forty Two Crores only) consisting of 4,20,00,000 (Four Crores Twenty Lakhs only) Equity Shares of Rs. 10/- (Rupees Ten only) each to Rs. 46,00,00,000 (Rupees Forty Six Crores only) divided into 4,60,00,000 (Four Crores Sixty Lakhs only) Equity Shares of Rs. 10/- (Rupees Ten only) each. The above decision of the Board is subject to the approval of the shareholders and the Board approved the convening of Extra ordinary General Meeting (?EGM?) of the shareholders of the Company on Tuesday, November 7, 2023 for seeking the approval of the shareholders through video-conferencing or other audio-visual means in accordance with Circulars issued by the Ministry of Corporate Affairs. The Board approved and noted the resignation tendered by CS Shilpa Walunj from the post of the Company Secretary & Compliance Officer of the Company w.e.f. October 14, 2023. |
| 13-Oct-2023 | Allotment of Equity Shares | Inter-alia, has considered and approved subject to the approval of Shareholders of the Company and other necessary approvals:- (a) Raising of funds to the tune of Rs. 454878292.5 by way of preferential issue of up to 4437837 Compulsory Convertible Debentures (CCDs) at a price of Rs. 102.50/- each convertible into or exchangeable for 1 (One) fully paid-up Equity Shares of the Company having face value of Rs. 10/- (Rupees Ten only) at a premium of Rs. 92.50/- each (?Equity Shares?) to persons mentioned in Annexure I, not belonging to the promoter or promoter group of the Company, in accordance with Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 ("SEBI ICDR Regulations"), as amended, the Companies Act, 2013 and other applicable laws, as amended and this is subject to the approval of the shareholders of the Company and such regulatory/ statutory authorities as may be applicable. (b) Raising of funds to the tune of Rs. 22550000 by way of preferential issue of upto 2200000 Convertible Warrants having face value of Rs. 10 at a price of Rs. 102.50/- per Warrant (?Warrant Issue Price?) convertible into or exchangeable for 1 (One) fully paid-up Equity Shares of the Company having face value of Rs. 10/- (Rupees Ten only) at a premium of Rs. 92.50/- each (?Equity Shares?) to Mr. Shivaji Akhade and Mr. Sudhir Mungase, Promoters and Directors of the Company in accordance with Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 ("SEBI ICDR Regulations"), as amended, the Companies Act, 2013 and other applicable laws, as amended and this is subject to the approval of the shareholders of the Company and such regulatory/ statutory authorities as may be applicable (c) Increase in Authorised Share Capital of the Company and consequent alteration of Capital Clause V of the Memorandum of Association of the Company from the present Rs. 42,00,00,000 (Rupees Forty Two Crores only) consisting of 4,20,00,000 (Four Crores Twenty Lakhs only) Equity Shares of Rs. 10/- (Rupees Ten only) each to Rs. 46,00,00,000 (Rupees Forty Six Crores only) divided into 4,60,00,000 (Four Crores Sixty Lakhs only) Equity Shares of Rs. 10/- (Rupees Ten only) each. The above decision of the Board is subject to the approval of the shareholders and the Board approved the convening of Extra ordinary General Meeting (?EGM?) of the shareholders of the Company on Tuesday, November 7, 2023 for seeking the approval of the shareholders through video-conferencing or other audio-visual means in accordance with Circulars issued by the Ministry of Corporate Affairs. The Board approved and noted the resignation tendered by CS Shilpa Walunj from the post of the Company Secretary & Compliance Officer of the Company w.e.f. October 14, 2023. |
| 13-Oct-2023 | Appointment of Director | Inter-alia, has considered and approved subject to the approval of Shareholders of the Company and other necessary approvals:- (a) Raising of funds to the tune of Rs. 454878292.5 by way of preferential issue of up to 4437837 Compulsory Convertible Debentures (CCDs) at a price of Rs. 102.50/- each convertible into or exchangeable for 1 (One) fully paid-up Equity Shares of the Company having face value of Rs. 10/- (Rupees Ten only) at a premium of Rs. 92.50/- each (?Equity Shares?) to persons mentioned in Annexure I, not belonging to the promoter or promoter group of the Company, in accordance with Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 ("SEBI ICDR Regulations"), as amended, the Companies Act, 2013 and other applicable laws, as amended and this is subject to the approval of the shareholders of the Company and such regulatory/ statutory authorities as may be applicable. (b) Raising of funds to the tune of Rs. 22550000 by way of preferential issue of upto 2200000 Convertible Warrants having face value of Rs. 10 at a price of Rs. 102.50/- per Warrant (?Warrant Issue Price?) convertible into or exchangeable for 1 (One) fully paid-up Equity Shares of the Company having face value of Rs. 10/- (Rupees Ten only) at a premium of Rs. 92.50/- each (?Equity Shares?) to Mr. Shivaji Akhade and Mr. Sudhir Mungase, Promoters and Directors of the Company in accordance with Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 ("SEBI ICDR Regulations"), as amended, the Companies Act, 2013 and other applicable laws, as amended and this is subject to the approval of the shareholders of the Company and such regulatory/ statutory authorities as may be applicable (c) Increase in Authorised Share Capital of the Company and consequent alteration of Capital Clause V of the Memorandum of Association of the Company from the present Rs. 42,00,00,000 (Rupees Forty Two Crores only) consisting of 4,20,00,000 (Four Crores Twenty Lakhs only) Equity Shares of Rs. 10/- (Rupees Ten only) each to Rs. 46,00,00,000 (Rupees Forty Six Crores only) divided into 4,60,00,000 (Four Crores Sixty Lakhs only) Equity Shares of Rs. 10/- (Rupees Ten only) each. The above decision of the Board is subject to the approval of the shareholders and the Board approved the convening of Extra ordinary General Meeting (?EGM?) of the shareholders of the Company on Tuesday, November 7, 2023 for seeking the approval of the shareholders through video-conferencing or other audio-visual means in accordance with Circulars issued by the Ministry of Corporate Affairs. The Board approved and noted the resignation tendered by CS Shilpa Walunj from the post of the Company Secretary & Compliance Officer of the Company w.e.f. October 14, 2023. |
| 13-Oct-2023 | Resignation of Director | Inter-alia, has considered and approved subject to the approval of Shareholders of the Company and other necessary approvals:- (a) Raising of funds to the tune of Rs. 454878292.5 by way of preferential issue of up to 4437837 Compulsory Convertible Debentures (CCDs) at a price of Rs. 102.50/- each convertible into or exchangeable for 1 (One) fully paid-up Equity Shares of the Company having face value of Rs. 10/- (Rupees Ten only) at a premium of Rs. 92.50/- each (?Equity Shares?) to persons mentioned in Annexure I, not belonging to the promoter or promoter group of the Company, in accordance with Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 ("SEBI ICDR Regulations"), as amended, the Companies Act, 2013 and other applicable laws, as amended and this is subject to the approval of the shareholders of the Company and such regulatory/ statutory authorities as may be applicable. (b) Raising of funds to the tune of Rs. 22550000 by way of preferential issue of upto 2200000 Convertible Warrants having face value of Rs. 10 at a price of Rs. 102.50/- per Warrant (?Warrant Issue Price?) convertible into or exchangeable for 1 (One) fully paid-up Equity Shares of the Company having face value of Rs. 10/- (Rupees Ten only) at a premium of Rs. 92.50/- each (?Equity Shares?) to Mr. Shivaji Akhade and Mr. Sudhir Mungase, Promoters and Directors of the Company in accordance with Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 ("SEBI ICDR Regulations"), as amended, the Companies Act, 2013 and other applicable laws, as amended and this is subject to the approval of the shareholders of the Company and such regulatory/ statutory authorities as may be applicable (c) Increase in Authorised Share Capital of the Company and consequent alteration of Capital Clause V of the Memorandum of Association of the Company from the present Rs. 42,00,00,000 (Rupees Forty Two Crores only) consisting of 4,20,00,000 (Four Crores Twenty Lakhs only) Equity Shares of Rs. 10/- (Rupees Ten only) each to Rs. 46,00,00,000 (Rupees Forty Six Crores only) divided into 4,60,00,000 (Four Crores Sixty Lakhs only) Equity Shares of Rs. 10/- (Rupees Ten only) each. The above decision of the Board is subject to the approval of the shareholders and the Board approved the convening of Extra ordinary General Meeting (?EGM?) of the shareholders of the Company on Tuesday, November 7, 2023 for seeking the approval of the shareholders through video-conferencing or other audio-visual means in accordance with Circulars issued by the Ministry of Corporate Affairs. The Board approved and noted the resignation tendered by CS Shilpa Walunj from the post of the Company Secretary & Compliance Officer of the Company w.e.f. October 14, 2023. |
| 10-Oct-2023 | Allotment of Equity Shares | Increase in Authorised Capital & Preferential Issue of shares & Inter-alia, to consider discuss and approve proposals of fund raising by way of preferential issue and increasing authorized share capital of the company |
