19-Mar-2024
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Clarification On Price Movement
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Clarification on Price Movement as sought by the exchange
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18-Mar-2024
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Clarification sought from Paul Merchants Ltd
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The Exchange has sought clarification from Paul Merchants Ltd on March 18, 2024 with reference to significant movement in price, in order to ensure that investors have latest relevant information about the company and to inform the market so that the interest of the investors is safeguarded. The reply is awaited.
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20-Dec-2023
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Paul Merchants informs about allotment of bonus shares
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<div>Paul Merchants has informed about approval of allotment of Bonus Shares by the Board of Directors in their Meeting held today, December 20, 2023 in the ratio of 2:1; Two (2) equity shares for every one (1) equity share held by the members of the Company as on Record date, December 19, 2023.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div>
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02-Dec-2023
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Paul Merchants informs about newspaper publication
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<p style="text-align: justify;">Paul Merchants has informed that it enclosed the copy of the Newspapers ‘The Financial Express' (All editions) and ‘Jansatta' (Delhi edition)) in which the notice of record date has been published by the Company, pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations). Further, the details as per Regulation 30 of the Listing Regulations read over with Para A (12) of Part A of Schedule III of Listing Regulations and Para A (12) of Annexure I to SEBI circular no. CIR/CFD/CMD/4/2015 dated 09.09.2015, SEBI Circular no. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023 and Para A (12) of Annexure I of SEBI Circular no. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, to the extent applicable to the matter are enclosed.</p><div>The above information is a part of company's filings submitted to BSE.</div>
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02-Dec-2023
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Paul Merchants informs about press release
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<div style="text-align: justify;">Paul Merchants has informed that it enclosed Copy of newspaper publication in ‘The Financial Express' & ‘Jansatta' on December 02, 2023 in relation to fixation of record date for issue of Bonus Shares.</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>
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30-Nov-2023
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Paul Merchants shines as its arm raises Rs 2.81 crore through NCDs
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<p style="text-align: justify;">Paul Merchants is currently trading at Rs. 3080.70, up by 60.40 points or 2.00% from its previous closing of Rs. 3020.30 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 3080.70 and has touched a high and low of Rs. 3080.70 and Rs. 3080.70 respectively. So far 97 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 3080.70 on 29-Nov-2023 and a 52 week low of Rs. 1050.00 on 03-Apr-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 3080.70 and Rs. 2961.10 respectively. The current market cap of the company is Rs. 316.70 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 74.65%, while Non-Institutions held 25.35% stake in the company.</p><p style="text-align: justify;">Paul Merchants' Wholly Owned Subsidiary-- Paul Merchants Finance (PMFPL) has raised Rs 2.81 crore through the allotment of 28,100 Secured Non-Convertible Debentures (NCDs) of Rs 1000 each to 12 allottees on Private Placement basis. The Executive Committee of the Board of Directors of the company, in their meeting held on November 29, 2023, has approved allotment of the same. </p><p style="text-align: justify;">The company is engaged in to the business activities of providing financial services.</p><div style="text-align: justify;"><br></div>
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30-Nov-2023
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Welspun Specialty Solutions, Ramco Systems and UltraTech Cement to see some action today
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<p style="text-align: justify;"><b>Welspun Specialty Solutions</b> has received orders for aggregative amount of Rs 15.87 crore (including taxes) from a domestic, unrelated customer for supply of Duplex Grade Seamless Tubes. The said order is expected to be executed by March 2024. The Company has received the said orders in normal course of business. The said transaction is not falling under related party transaction and is done at arm's length basis.</p><p style="text-align: justify;"><b>Ramco Systems </b>has incorporated a Wholly Owned Subsidiary (WOS) in the name of M/s Ramco System Korea in South Korea. The objective of incorporation is to carry on the business operations in Korea. Ramco System Korea Company has been established in Korea as a wholly owned subsidiary of the Company and is yet to commence its business operations. </p><p style="text-align: justify;"><b>UltraTech Cement </b>has acquired a 0.54 mtpa cement grinding assets of Burnpur Cement, located at Patratu in Jharkhand at a consideration of Rs 169.79 crore in terms of the provisions of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 read with the Security Interest (Enforcement) Rules, 2002. This investment marks the company's entry in the State of Jharkhand. The company's capacity in India now stands at 133 mtpa. </p><p style="text-align: justify;"><b>Crompton Greaves Consumer Electricals</b> has launched a new product - PDC Bulkhead namely ‘BAZLEY'. The said product has been launched on November 27, 2023 and will cater to domestic market. Earlier, the company had launched a new product - PTC room heater namely ‘ACGRH Insta Genial'.</p><p style="text-align: justify;"><b>Mahindra & Mahindra</b>'s subsidiary -- Mahindra Tractors unveiled its first CNG mono fuel tractor on its popular Yuvo tractor platform, at Agrovision, Nagpur, Central India's largest Agri Summit. Leveraging its extensive expertise in developing dedicated CNG-powered vehicles, Mahindra prioritises optimal emission control, performance and operational cost efficiency. Developed and tested at Mahindra Research Valley, Chennai, the new Mahindra CNG tractor offers power and performance at par with diesel-run tractors, setting new benchmarks in alternative engine technology for agriculture.</p><p style="text-align: justify;"><b>Trishakti Industries</b> has obtained a significant contract from a renowned Public Sector Undertaking (PSU) in the oil and gas industry. The contract involves the supply of oil and gas-related products. This contract is expected to have a positive impact on the financials and operations of the company. This venture represents a significant milestone in the company's growth and is in-line with its strategic objectives.</p><p style="text-align: justify;"><b>Paul Merchants</b>' Wholly Owned Subsidiary-- Paul Merchants Finance (PMFPL) has raised Rs 2.81 crore through the allotment of 28,100 Secured Non-Convertible Debentures (NCDs) of Rs 1000 each to 12 allottees on Private Placement basis. The Executive Committee of the Board of Directors of the company, in their meeting held on November 29, 2023, has approved allotment of the same. </p><div style="text-align: justify;"><br></div>
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29-Nov-2023
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Paul Merchants' arm raises Rs 2.81 crore through NCDs
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<p style="text-align: justify;">Paul Merchants' Wholly Owned Subsidiary-- Paul Merchants Finance (PMFPL) has raised Rs 2.81 crore through the allotment of 28,100 Secured Non-Convertible Debentures (NCDs) of Rs 1000 each to 12 allottees on Private Placement basis. The Executive Committee of the Board of Directors of the company, in their meeting held on November 29, 2023, has approved allotment of the same. </p><p style="text-align: justify;">The company is engaged in to the business activities of providing financial services.</p><div style="text-align: justify;"><br></div>
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