PROMAX POWER LTD.
NSE : NABSE : 543375ISIN
CODE : INE0I2F01015Industry : Engineering - ConstructionHouse
: Private
BSE65.150 (0 % )
PREV CLOSE (Rs.) 65.15
OPEN PRICE (Rs.) 65.15
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 5000
TODAY'S LOW / HIGH (Rs.)
52 WK LOW / HIGH (Rs.)
NSE
This Company is not listed in NSE
Company News
| Date | Heading | Details |
|---|---|---|
| 04-Mar-2024 | Promax Power informs about EGM notice | <div style="text-align: justify;">As informed vide letter dated February 20, 2024, the Extraordinary General Meeting (EGM) of the Company will be held on Tuesday, March 26, 2024 at 12.00 PM (IST) at the registered office of the company situated at First Floor, SCO 69, Sector 38C, Chandigarh, Sector 36, Chandigarh-160036 and pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations), Promax Power has enclosed the Notice of EGM of the Company, which is being sent to the Members of the Company through electronic mode, who have registered their email addresses with the Depositories/ Company in compliance with relevant circulars issued by Ministry of Corporate Affairs and the Securities and Exchange Board of India. The Notice is also available on the website of the Company at www.promax.co.in. The Company is pleased to provide its members the facility to exercise their right to vote on the resolutions proposed to be passed at the EGM by electronic means. The date and time of remote e-voting facility are as enclosed.</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> |
| 20-Feb-2024 | Allotment of Equity Shares | Bonus Issue Inter alia, has been decided: 1. Approval of Increase in Authorized Capital of Company up to Rs. 25 Crores divided in to 2.5 Crore Equity Shares of Rs.10/- each subject to Shareholder approval in Extra Ordinary General Meeting. 2. Alteration of Memorandum of Association Clause V Capital Clause, subject to Shareholder approval in Extra Ordinary General Meeting. 3. Migration of companies current listing of SME to the mainboard of the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). 4. To approve the draft Notice calling Extra Ordinary General meeting to be held on 26 th March, 2024. 5. To issue and allot Bonus Shares in the ratio of 1:1. |
| 09-Feb-2024 | Promax Power informs about board meeting | <div>Promax Power has informed that the meeting of the Board of Directors of the Company is scheduled on 20/02/2024 to consider and approve following business: Increase in Authorised Share Capital of the company; Exploring various options for fund raising like Right Issue, Preferential Allotment and various Convertible instruments etc.; Migration to Main board on BSE and NSE both; to Consider Bonus issue; to Convene Extra Ordinary General Meeting of the company.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><span style="white-space: pre; white-space: normal;"> </span></div> |
| 06-Feb-2024 | Promax Power acquires 24% stake in Promax Carbontier | <p style="text-align: justify;">Promax Power has acquired 24% stake in Promax Carbontier. This strategic investment not only strengthens its commitment to sustainable practices but also promises to deliver enhanced value to Promax Power shareholders. Promax Carbontier's focus on climate change and carbon credit project development aligns seamlessly with its long-term vision. </p><p style="text-align: justify;">Promax Power is engaged in the business of engineering procurement construction for electrification, civil infrastructure, and water infrastructure management projects. </p> |
| 06-Feb-2024 | Promax Power soars on acquiring 24% stake in Promax Carbontier | <p style="text-align: justify;">Promax Power is currently trading at Rs. 79.01, up by 1.33 points or 1.71% from its previous closing of Rs. 77.68 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 84.00 and has touched a high and low of Rs. 85.43 and Rs. 79.01 respectively. So far 32500 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 85.43 on 06-Feb-2024 and a 52 week low of Rs. 29.05 on 15-Feb-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 85.43 and Rs. 52.00 respectively. The current market cap of the company is Rs. 97.10 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 71.20%, while Non-Institutions held 28.80% in the company. </p><p style="text-align: justify;">Promax Power has acquired 24% stake in Promax Carbontier. This strategic investment not only strengthens its commitment to sustainable practices but also promises to deliver enhanced value to Promax Power shareholders. Promax Carbontier's focus on climate change and carbon credit project development aligns seamlessly with its long-term vision. </p><p style="text-align: justify;">Promax Power is engaged in the business of engineering procurement construction for electrification, civil infrastructure, and water infrastructure management projects.</p> |
| 27-May-2023 | Promax Power informs about non-applicability of secretarial compliance report | <p style="text-align: justify;">Promax Power has certified that Regulation 24A of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 read with regulation 15 of Chapter IV SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 is not applicable to the company as the company is listed on BSE SME Exchange. Therefore, it is not required to submit Secretarial Compliance Report for the year ended on 31st March, 2023.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p> |
