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Calcom Vision Ltd. — Capital/Financing Update 2023
Jul 20, 2023
60691_rns_2023-07-20_82ac8c9e-f8eb-4195-bb2d-c8962c1cdbc9.pdf
Capital/Financing Update
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To,
Date: 20.07.2023
The Manager (Department of Corporate Services) Bombay Stock Exchange Ltd. Phiroze Jeejeebhoy Towers Dalal Street MUMBAI – 400 001
Scrip Code: 517236
Dear Sir,
Subject: Company’s Updates
In accordance with the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended and Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information and in terms of Regulation 8 of SEBI (Prohibition of Insider Trading) Regulations, 2015, please find enclosed herewith a Company’s updates for the quarter ending June 30, 2023.
We request you to take note of the same.
Thanking you,
Yours faithfully,
For Calcom Vision Limited
AAYUSH Digitally signed by AAYUSHI JINDAL I JINDAL Date: 2023.07.20 12:45:23 +05'30'
Aayushi Jindal Company Secretary & Compliance Officer Enclosed: A/a
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Company’s Updates
- Calcom Vision Limited has achieved the quarterly sales of INR 33.08 Cr. The Q1FY24 sales increased by 10% as compared to the corresponding Quarter of the previous year.
During this quarter there have been major technological shift in LED bulbs. The earlier LED Bulb designs were 'Driver-based LED bulbs ' that have become 'Driver on Board (DOB) LED bulbs.' As a result, there has been a downward pricing impact on the turnover, estimated at around 35% .
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Quarter wise Sales (in Cr.)
50.00 46.89
44.09
45.00
39.02 38.16
40.00
33.08
35.00
30.07 30.30
30.00
24.02
25.00 22.24
20.00 17.75
14.20
15.00
10.00 7.58
3.48
5.00
0.00
FY 21 FY 22 FY 23 FY 24 FY 21 FY 22 FY 23 FY 21 FY 22 FY 23 FY 21 FY 22 FY 23
Quarter 1 Quarter 2 Quarter 3 Quarter 4
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- During this quarter, the company also secured an investment of INR 10.23 Cr to fund its future business requirements through the Issuance of Equity Shares to individuals in the Non-Promoter category and Warrants to both the Promoter and Non-Promoter categories.
The company also received listing approval from the BSE for the listing of preferential shares.