| 31-May-2017 | S | Pursuant to Regulation 30 read with Para A of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform that the Board of Directors at its meeting held on 30th May, 2017, considered and approved the following in addition to the information provided through our previous letter dated 30th May, 2017:
1. Sub-division of equity shares of the Company from Rs. 10/- per share to Rs. 5/- per share, subject to the approval of the shareholders in the ensuing Annual General Meeting.
2. Alteration of Memorandum and Articles of Association of the Company in view of proposed sub-division of equity shares, subject to the approval of the shareholders in the ensuing Annual General Meeting.
With reference to the captioned subject, we hereby inform you that the Board of Directors of the Company at its meeting held on November 8, 2017, inter-alia other matters, has approved:
Record Date as 1st December, 2017 for the sub-division (stock split) of each equity share of the Company having a face value of Rs.10/- (Rupees Ten only) each into 2 (Two) equity shares of the face value of Rs. 5/- (Rupees Five only) each.
(As Per BSE Announcement Dated on 08.11.2017)
Trading Members of the Exchange are hereby informed that Akar Tools Ltd has fixed the Record Date for the purpose of sub division of equity shares of the company.
DEMATERIALISED SECURITIES - ROLLING SETTLEMENT SEGMENT
COMPANY NAME & CODE
Akar Tools Ltd
(530621)
RECORD DATE
01/12/2017
PURPOSE
Sub Division of existing equity shares from every ONE equity share of Rs.10/- each into TWO equity shares of Rs.5/- each
SUB-DIVIDED PAID-UP VALUE
Rs.5/-
SUB-DIVIDED PAID-UP VALUE W.E.F.
29/11/2017 DR- 167/2017-2018
Note:-
i. Trading members are hereby informed that the transactions in the equity shares (physical) of the aforesaid company in the Exit-Route Scheme will be for Rs. 5/- paid up w.e.f. 29/11/2017.
ii. ISIN No. INE864E01013 of Rs.10/- paid up will not be valid for transactions done on the Exchange on or after 29/11/2017.
iii. The new ISIN Number for Rs.5/- paid up will be informed to the market by a separate notice.
(As Per BSE Notioce Dated on 09.11.2017)
This is in continuation to our announcement dated 10th November, 2017 with respect to sub-division of equity shares of nominal value of Rs. 10/- each into 2 (two) equity shares of nominal value of Rs. 5/- each with effect from 1st December, 2017, (Record Date). Please be informed that the sub-division of equity shares will take effect under the new ISIN i.e. INE864G01021.
(As Per BSE Announcement Dated on 29.11.2017)
| 01-Dec-2017 | |
| 14-Aug-2023 | D | The Board of Directors (the Board') of Akar Auto Industries Limited (the Company') at its meeting held on 14th August, 2023,
The Board of Directors has recommended dividend @ 10%, i.e. Rs.0.50/- on each fully paid equity share of Rs.5/- each, for the financial year 2022-2023, subject to approval of the shareholders in the ensuing Annual General Meeting. | 14-Sep-2023 | |
| 11-Aug-2022 | D | Board approved:
The Board of Directors has recommended dividend @ 5%, ie. Rs.0.25/- on each fully paid equity share of Rs.5/-cach, for the financial year 2021-2022, subject to approval of the shareholders in the ensuing Annual General Meeting. | 16-Sep-2022 | |
| 29-May-2019 | D | The Board of Directors has recommended dividend @ 11%, i.e. Rs.0.55 per equity share of Rs.5 each for the financial year 2018-19 subject to the approval of the shareholders in the ensuing Annual General Meeting. | 12-Sep-2019 | |
| 30-May-2018 | D | We would also like to inform that the Board of Directors has recommended dividend @ 11% (i.e. Rs.0.55 on each fully paid equity share of Rs.5 each) for the financial year 2017-18 subject to the approval of the shareholders in the ensuing Annual General Meeting. | 19-Sep-2018 | |
| 31-May-2017 | D | Akar Tools Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 30, 2017, inter alia, has recommended dividend @ 11 % (i.e. Rs. 1.10 per equity share) for the financial year 2016-17 subject to the approval of the shareholders in the ensuing Annual General Meeting. | 14-Sep-2017 | |
| 31-May-2016 | D | Akar Tools Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 30, 2016, inter alia, has recommended a dividend at 10% i.e. Rs. 1/- per Equity Share having Face Value of Rs. 10/- each for the Financial Year 2015-2016, subject to the approval of Shareholders at the ensuing Annual General Meeting of the Company. | 22-Sep-2016 | |
| 31-May-2015 | D | Akar Tools Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 30, 2015, inter alia, has recommended a dividend of 7% i.e. Rs. 0.70 per Equity Share for the Financial Year 2014-15. | 23-Sep-2015 | |
| 02-Jun-2014 | D | Akar Tools Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 30, 2014, inter alia, has transacted the following:
Board has recommended a dividend of 6% i.e. Rs. 0.60 per Equity Share for the Financial Year 2013-14. | 23-Sep-2014 | |
| 30-May-2013 | D | Akar Tools Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 30, 2013, inter alia, has recommended a dividend of 5% i.e. Rs. 0.50/- per Equity Share for the Financial Year 2012-13. | 19-Sep-2013 | |
| 30-Aug-2012 | D | Akar Tools Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 30, 2012, inter alia, has recommended a Dividend of Re. 0.5 per Equity Share (i.e. @ 5%), for the financial year 2011-2012. | 21-Sep-2012 | |
| 16-Aug-2011 | D | Akar Tools Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 12, 2011, inter alia, has recommended a Dividend of Re. 1.20 per Equity Share (i.e. @ 12%), for the financial year 2010-2011. | 20-Sep-2011 | |
| 21-Aug-2010 | D | Akar Tools Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 21, 2010, inter alia, has recommended a Dividend of Re. 1.20 per Equity Shares (i.e. @ 12%) for the F.Y. 2009-10. | 17-Sep-2010 | |
| 04-Sep-2009 | D | Akar Tools Ltd has informed BSE that the Board of Directors of the Company at its meeting held on September 03, 2009, inter alia, has recommended a Dividend of Re. 1.00 per Equity Shares (i.e. @ 10%) for the F.Y. 2008-09. | 23-Sep-2009 | |
| 14-Aug-2008 | D | Akar Tools Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 14, 2008, inter alia, has recommended a Dividend of Rs 1.50 per Equity Shares (i.e. @ 15%) for the F.Y. 2007-08. | 17-Sep-2008 | |
| 16-Aug-2007 | D | Akar Tools Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 14, 2007, inter alia, has recommended a Dividend of Rs 1.50 per Equity Shares (i.e. @ 15%) for the F.Y. 2006-07. | 20-Sep-2007 | |
| 02-Nov-2006 | D | 14% Dividend | 01-Nov-2006 | |
| 26-Aug-2005 | D | 12% Dividend | 08-Sep-2005 | |
| 06-Mar-2024 | BC | Intimation of Separate Meeting of Independent Directors | 18-Mar-2024 | |
| 06-Feb-2024 | BC | Akar Auto Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/02/2024 inter alia to consider and approve Corporate Announcement under Regulatio | 13-Feb-2024 | |
| 09-Jan-2024 | BC | RL Gupta HUF
| 08-Jan-2024 | |
| 09-Jan-2024 | BC | NK Gupta
| 08-Jan-2024 | |
| 02-Nov-2023 | BC | Akar Auto Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 09/11/2023 inter alia to consider and approve Corporate Announcement under Regulatio | 09-Nov-2023 | |