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Century Extrusions Ltd. Board/Management Information 2021
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Board/Management Information
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12" February, 2021
| To, The General Manager, Departinent of Corporate Services, Bombay Stock Exchange Limited, Ist Floor, New Trading Ring, Rotunda Bldg, P.J. Tower, Dalal Street, Mumbai — 400001 BSE Stock Code: 500083 |
To, The Listing Department, National Stock Exchange of India Limited, Exchange Plaza, Bandra Kurla Complex, Bandra (Kf), Mumbai — 400051 NSE Stock Code: CENTEXT EQ |
|---|---|
| Dear Sir/Madam, | |
| Ref: Outcome of Board Meeting dated 12.02.2021 | |
| Sub:-Outcome of Board Meeting | |
| February, dated 05'* our letter Further to SEBI of the 30 and 33 Regulation 2015 Regulations, approved the following:- |
pursuant to that inform you wish to 2021, we Requirements) Disclosure and Obligations (Listing Regulations"), the Board of as amended (referred to as the "SEBI Listing Directors of the Company at its meeting held today, i.e. on 12" February, 2021, has inter alia, |
| 1) | Unaudited Standalone Financial Results of the Company along with the Limited Review Report for the Quarter and Nine Months ended on 3 1 December, 2020. |
| 2) effect from today, i.e., February 12, 2021. |
Approval and noting of Resignation of Independent Director Shri. Madan Gopal Todi (DIN: 00112568) from the Board and from all committees where he is a member with |
| 3) | Reconstitution of Audit Committees & Corporate Social Responsibility Committee of the Members of Board of Directors w.e.f. 12.02.2021. Their composition are as under:- |
Ref: Outcome of Board Meeting dated 12.02.2021
Sub:-Outcome of Board Meeting
Further to our letter dated 05'* February, 2021, we wish to inform you that pursuant to Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended (referred to as the "SEBI Listing Regulations"), the Board of Directors of the Company at its meeting held today, i.e. on 12" February, 2021, has inter alia, approved the following:-
- 1) Unaudited Standalone Financial Results of the Company along with the Limited Review Report for the Quarter and Nine Months ended on 3 1 December, 2020.
- 2) Approval and noting of Resignation of Independent Director Shri. Madan Gopal Todi (DIN: 00112568) from the Board and from all committees where he is a member with effect from today, i.e., February 12, 2021.
- 3) Reconstitution of Audit Committees & Corporate Social Responsibility Committee of the Members of Board of Directors w.e.f. 12.02.2021. Their composition are as under:-
| Dear Sir/Madam, | |||||
|---|---|---|---|---|---|
| Ref: Outcome of Board Meeting dated 12.02.2021 | |||||
| Sub:-Outcome of Board Meeting | |||||
| 05'* dated our letter Further to the 33 of 30 and Regulation 2015 Regulations, approved the following:- |
pursuant you that inform we wish to February, 2021, Requirements) Disclosure and Obligations (Listing SEBI Regulations"), the Board of as amended (referred to as the "SEBI Listing Directors of the Company at its meeting held today, i.e. on 12" February, 2021, has inter alia, |
||||
| 1) | Unaudited Standalone Financial Results of the Company along with the Limited Review Report for the Quarter and Nine Months ended on 3 1 December, 2020. |
||||
| 2) effect from today, i.e., February 12, 2021. |
Approval and noting of Resignation of Independent Director Shri. Madan Gopal Todi (DIN: 00112568) from the Board and from all committees where he is a member with |
||||
| 3) | Reconstitution of Audit Committees & Corporate Social Responsibility Committee of the | ||||
| Members of Board of Directors w.e.f. 12.02.2021. Their composition are as under:- | |||||
| NAME OF COMMITTEE(S) | NAME OF COMMITTEE MEMBERS | ||||
| AUDIT COMMITTEE | Shri. Arun Kumar Hajra, Chairman, | ||||
| Shri. Vikram Jhunjhunwala | |||||
| Smit. Suhita Mukhopadhyay | |||||
| Shri. Raj Kumar Sharma | |||||
| Shri. Rajib Mazumdar Shri. Arun Kumar Hajra, Chairman |
|||||
| CORPORATE SOCIAL RESPONSIBILITY | Shri. Vikram Jhunjhunwala | ||||
| COMMITTEE | Shri. Rajib Mazumdar | ||||
| Shri. Raj Kumar Sharma - |
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| "A EXTAN | Smt. Suhita Mukhopadhyay | ||||
2) Century Extrusions Limited
P.T.O.
Or - ". Regd. & Head Office : , 113, Park Street "N" Block, 2nd Floor Kolkata -700 016 (W.B.), India Ph. + 91 (033) 2229 1012/1291 Fax : +91 (033) 2249 5656 E.Mail : [email protected] Website : www.centuryextrusions.com
Works : WBIIDC Industrial Growth Centre Plot No. 7A, Sector 'B' NIMPURA P.O. :Rakhajungle, Kharagpur - 721 301 Dist. : Paschim Medinipur, West Bengal, India Ph. : +91 (03222) 233 310/324 Fax : +91 (03222) 233 304 E.mail : [email protected]
The Meeting of the Board of Directors commenced at 11:30 A.M. and concluded at (i (- Vids BM.
Vhis is for your kind information and record, Yours faithfully,
For Century Extrusions Limited
/} lp Karen kK Kumar (Company Secretary & Compliance officer)
Encl.: As above.
Century Extrusions Limited
Regd. & Head Office : S SYSTEM O, Works : CIN : L27203WB1988PLC043705
113, Park Street x %, WBIIDC Industrial Growth Centre "N" Block, 2nd Floor @ Q Plot No. 7A, Sector 'B' NIMPURA Kolkata -700 016 (W.B.), India z | 3 P.O. :Rakhajungle, Kharagpur - 721 304 Ph. + 91 (033) 2229 1012/1291 2 DNV-GL 7 Dist. : Paschim Medinipur, West Bengal, India Fax : +91 (033) 2249 5656 XK p) Ph. : +91 (03222) 233 310/324 Website : www.centuryextrusions.com OHSAS 16001 E.mail : [email protected] ISO 9001-2015
E.Mail : [email protected] ISO 9001=1SO 14001 Fax : +91 (03222) 233 304
CENTURY EXTRUSIONS LIMITED
Regd. Office : 113 Park Street, N Block, 2nd Floor, Kolkata - 700016
CIN :L27203WB1988P1LC043705
STATEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND NINE MONTHS ENDED 31ST DECEMBER, 2020 (Rs. in lacs Except EPS)
| CENTURY EXTRUSIONS LIMITED | |||||||
|---|---|---|---|---|---|---|---|
| Regd. Office : 113 Park Street, N Block, 2nd Floor, Kolkata - 700016 Email: [email protected]; Website: www.centuryextrusions.com |
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| Tel:+91(033) 2229 1012/1291; Telefax: +91(033) 2249 5656 | CIN :L27203WB1988P1LC043705 | ||||||
| STATEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND NINE MONTHS ENDED 31ST DECEMBER, 2020 | (Rs. in lacs Except EPS) | ||||||
| Quarter Ended | Nine Months Ended | Frevigna\ear Ended |
|||||
| PARTICULARS | 31-12-2020 30-09-2020 41-12-2019 41-12-2020 31-12-2019 Un-Audited |
Un-Audited | 31-03-2020 Audited |
||||
| PART-1 | 5,107 | 6,182 | 12,273 | 17,236 | 23,056 | ||
| 1 | Revenue from operation Other Income |
5,898 47 5,945 |
a8 5,135 |
43 6225 |
105 12,478] |
109] 17,345 |
154 23,210 |
| 3 1 |
Total Income from operation (142) Expenses |
||||||
| a) Cost of materials consumed taney 'n Inventories of finished goods, work in progress and |
4,380 (119) |
3,743 49 |
4,290 331 |
8,232 656 |
11,894 1,007 |
47,304 (213) |
|
| c) Employee benefits expense | 337 194 |
307 159 |
378 195 |
847 545 |
1,061 520 |
1,390 674 |
|
| d) Finance Cost e) Depreciation and amortisation expense |
161 787 |
128 645 |
127 783 |
394 1,691 |
382 2,162 |
511 3,009 |
|
| 1) Other expenses Total Expenses |
5,740 | 5,031 | 6,104 | 12,365 | 17,026 319 |
22,672 538 |
|
| 5 | Profit(+)/ Loss(-) before exceptional items ( 3-4) | 205 ' |
104 - |
121 g |
13 | - | - |
| 6 7 |
Exceptional Items Profit(+)/ Loss(-) before tax (5-6) |
205 | 104 | 121 | 13 | 319 | 538 |
| 8 | Tax Expenses (1) Current tax |
3 | - (10) |
34 11 |
3 33 |
89 38 |
206 (38) |
| 9 | (2) Deferred tax Net Profit(+)/ Loss(-) after Tax (7-8) |
34 168 |
114 | 76 | (23) | 192 | 370 |
| 10 11. |
Other Comprehensive Income/ (Loss) Total Comprehensive Income for the period (IX+X) |
(3) 165 |
(3) 111 |
1 77 |
(9) (32) |
4 196 |
(12) 358 |
| 12 | Paid-up equity share capital (Face Value of Rs 1/- each) | 800 | 800 | 800 | 800 | 800 | 800 |
| 13. | Reserves excluding revaluation reserves as per Balance Shect of previous accounting year |
- | = | 4,246 | |||
| 14 a |
EPS for the period ( Rs. ) (not annualised) Basic b__ Diluted |
0.21 0.21 |
0.14 0.14 |
0.10 0.10 |
(0.03) (0.03) |
0.24 0.24 |
0.46 0.46 |
| _Notes : | |||||||
| The above results have been reviewed by the Audit Committee at their meeting held on 12th February, 2021 for the quarter and nine months ended | |||||||
| /31st December 2020 and thereafter were approved by the Board of Directors at their meeting held on 12th February, 2021. 'The Company has two business segments i.e. manufacturing of Aluminium Extruded Products and manufacturing Transmission and Distribution |
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| \Line Hardware. However, the company does not fall under any of the criteria laid down under Ind AS - 108 and hence segment Reporting not | |||||||
| applicable. | "The above is an extract of the detailed fromat of quarterly results filed with the Stock Exchange under regulation 33 of SEBI (Listing Obligation and | Exchange | of BSE at |
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| Disclosure | format full 2015. The Regulations, Requirements) __ www.bseindia.com , NSE at www.nseindia.com and on company's website at www.centuryextrusions.com |
of the | results quarterly |
available are |
on the |
Stock | |
| Ind AS 115, Revenue from Contracts with Customers, mandatory for reporting periods beginning on or after April 1, 2018, replaces the existing irevenue recognition requirements. As per the assessment of the Company, on adoption of Ind AS 115, there is a decrease in the profit of the |
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| 'Company by Rs. 21 lakhs for the nine months ended 31st December 2020. gradually recovering through "new normal" from the disruption and challenges put forth by the COVID-19 |
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| TAs the economy and demand are pandemic ; company's opeartion and sales are improving and the compnay expects sustainable further improvement in the time ahead. However, as a result of pandemic and lockdown the figures of current quarter and that of nine months ended are not comparable with figures of corresponding |
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| querter and nine months ended. | |||||||
| The management has assessed company's financial position and does not anticipate in its inability to continue as a going conern including 'recoverability of the carrying value of its property, plant and equipment. The Company has assessed the impact of COVID-19 pandemic on its business operations based on the relevant internal and external information and will continue to do so for taking appropriate action as and when |
1 The above results have been reviewed by the Audit Committee at their meeting held on 12th February, 2021 for the quarter and nine months ended
Place: Kolkata [ '/ Date: 12/02/2021 | {
For Centar PStaese DS px ans for ikrgarfhipRinsiale'® ifector MAN:- 00169833
A.K. MEHARIA & ASSOCIATES 2, GARSTIN PLACE, 28? FLOOR
Chartered Accountants KOLKATA — 700001
PHONE: 033-22434660/4659 E Mail- [email protected]
INDEPENDENT AUDITOR'S REVIEW REPORT ON UNAUDITED FINANCIAL RESULTS OF CENTURY EXTRUSIONS LIMITED THE QUARTERLY AND YEAR TO DATE UNAUDITED STANDALONE FINANCIAL RESULTS
To
The Board of Directors of CENTURY EXTRUSIONS LIMITED
We have reviewed the accompanying statement of unaudited financial results of Century extrusions Limited ("the Company") for the quarter ended December 31, 2020 and year to date for the period from April 01, 2020 to December 31, 2020 ("the Statement'). The Statement has been prepared by the Company pursuant to Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. CIR/CFD/FAC/62/2016 dated 5" July, 2016 which has been initialled by us for the purposes of identification.
This statement is the responsibility of the Company's Management and has been approved by the Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, (Ind AS 34) "Interim Financial Reporting" prescribed under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India. Our responsibility is to issue a report on these standalone financial statements based on our review.
We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410" Review of Interim Financial Information Performed by thelndependent Auditor of the Entity", issued by the Institute of Chartered Accountants of India. This Standard requires that we plan and perform the review to obtain moderateassurance as to whether the financial statements are free of material misstatement. A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus provides less assurance than an audit. We have notperformed an audit and accordingly, we do not express an audit opinion.
Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying statement of unaudited financial results prepared in accordance with applicable accounting standards and other recognized accounting practices and policies has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 including the manner in which it is to be disclosed, or that it contains any material misstatement.
For A. K. MEHARIA & ASSOCIATES Chartered Accountants Firm's Registration No. 324666E Ae
Kolkata (A.K. MEHARIA) Dated: 12" February, 2021 Partner M. No. 053918 UDIN NO. 21053918AAAABM4268
12" February, 2021
| 12" February, 2021 | |||
|---|---|---|---|
| To, Vhe General Manager, Department of Corporate Services, Bombay Stock Exchanpe Limited, Ist Floor, New Prading Ring, Rotunda Bldp. Pal. Tower, Dalal Street, Mumbai - 400001 BSK Stock Code: 500083 |
To, — The Listing Department, National Stock Exchange of India Limited, Kixchange Plaza, Bandra Kurla Complex, Bandra (EF), Mumbai — 400051 NSE Stock Code: CENTEXT EQ |
||
| Dear Sir/Madam, and Disclosure Requirements) Regulations, 2015 - Resignation of Independent Director |
Sub: Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations | ||
| Pursuant to Regulation Securities of the 30 Requirements) 2015 Disclosure Regulations, February 12, effect from today, i.e., 2021. The valuable contribution and support during his term as the Director of the Company. |
Exchange Board Obligations and and India (Listing of Regulations") read with Para ("Listing A of Part A of Schedule III to the Listing Regulations, we wish to inform that Shri. Madan Gopal Todi (DIN: 00112568) has stepped down from the position of the "Non-Executive Independent Director" of the Company with of Directors of the Company appreciates Board his |
||
| Further, please see Schedule II! to the Listing Regulations: |
below requisite disclosure as per Regulation 30 read with Para A of Part A of |
Sub: Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Resignation of Independent Director
| Vhe General Manager, Department of Corporate Services, Bombay Stock Exchanpe Limited, Ist Floor, New Prading Ring, Rotunda Bldp. Pal. Tower, Dalal Street, Mumbai - 400001 BSK Stock Code: 500083 |
The Listing Department, National Stock Exchange of India Limited, Kixchange Plaza, Bandra Kurla Complex, Bandra (EF), Mumbai — 400051 NSE Stock Code: CENTEXT EQ |
|---|---|
| Dear Sir/Madam, | |
| Sub: Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations | |
| Pursuant to Regulation Securities of the 30 Requirements) 2015 Disclosure Regulations, February 12, effect from today, i.e., 2021. The valuable contribution and support during his term as the Director of the Company. please see Further, |
Exchange Board Obligations and and India (Listing of Regulations") read with Para ("Listing A of Part A of Schedule III to the Listing Regulations, we wish to inform that Shri. Madan Gopal Todi (DIN: 00112568) has stepped down from the position of the "Non-Executive Independent Director" of the Company with of Directors of the Company appreciates Board his below requisite disclosure as per Regulation 30 read with Para A of Part A of |
| Disclosure Requirement | Details |
viz. appointment, Change Reason. for resignation, remevatl death-or otherwise |
Resignation due to personal reasons. Shri. Madan Gopal Todi was appointed as the Independent Director of the Company September 05, effect from 2014. given He has with his resignation from the position of the Independent Director of the Company with effect from today, i.e., February 12, 2021. |
| Appointment Date Cessation of / Appointment applicable)-&tern-of |
(as February 12, 2021 |
| Further, the Company has received records. |
Madan Gopal Todi that there are no confirmation from Shri. material reasons for his resignation other than those mentioned in his resignation letter dated February 12, 2021. The said confirmation received is enclosed herewith. Request you to take the above on your |
| Rohit *« umar (Company Secretary & Compliance officer) |
|
| Century Extrusions | Limited |
| and Disclosure Requirements) Regulations, 2015 - Resignation of Independent Director Schedule II! to the Listing Regulations: For Century Extrusions Limited Encl.: As above. |
Rohit *« umar (Company Secretary & Compliance officer)
Century Extrusions Limited
E.Mail : [email protected] ISO 9001=1SO 14001 Fax : +91 (03222) 233 304 Website : www.centuryextrusions.com OHSAS 18001 E.mail : [email protected] ISO 9001-2015
113, Park Street RS *, WBIIDC Industrial Growth Centre "N" Block, 2nd Floor 3 eA Q Plot No. 7A, Sector 'B' NIMPURA Kolkata -700 016 (W.B.), India Z =e P.O. : Rakhajungle, Kharagpur - 721 301 Ph. + 91 (033) 2229 1012/1291 DNV-GL 7 Dist. : Paschim Medinipur, West Bengal, India Fax : +91 (033) 2249 5656 \ Ph. : +91 (03222) 233 310/324
M. Gi. Codi m.com. ie.,FCA.
1/1, Camac Street, Kolkata - 700 016 India Phone : 2217-2222 / 23 / 24 Fax : 2217 2345 E-mail : [email protected]
12th, February, 2021
To,
The Board of Directors Century Extrusions Limited 113, Park Street, 'N' Block, 2" Floor, Kolkata-700016.
Subject: Resignation from the Office of Director of the Company
Dear Sir/Madam,
Ihereby tender my resignation from the office of the Director of the Century Extrusions Limited with immediate effect i.e. from the closing of the business hour on 12.02.2021 and request that a notice of my resignation letter be given to the Registrar of Companies and to the Stock exchanges where the company shares are listed.
'Further, I declare that I am resigning because of my personal reasons, and there is no other reason for my resignation.
Ithank the Board of Director for having given me 'the opportunity and assistance to discharge my duties during my tenure as Director of the Company.
Irequest you to please provide me an acknowledgement for receipt of the resignation and a copy of the e-Form DIR-12 filed with the Registrar of Companies to that effect for my reference and record.
Thanking You.
Yours faithfully, Madan Gopal Todi LZ DIN: 00112568 poe ;
\ga Signature: vt -
Residence : KONARK GARDEN, 6, Burdwan Road, Alipore, Kolkata - 700 027 ¢ Phone : 2479-6001
12™ Kebruary, 2021
Unit: CENTURY EXTRUSIONS LIMITED
This is to inform you that with the recommendation of the Audit Committee and Corporate Social Responsibility Committee and subsequently approved by the Board of Directors of the Company at its mecting held today, i.e. on 12!" February, 2021, has inter alia, reconstituted the Audit Committees and Corporate Social Responsibility Committee of the Company and their composition are as under:-
| To, The General Manaper, Department of Corpornte Services, Bombay Stock Exehanpe Limited, Ist Floor, New Trading Ring, Rotunda Bldp. Pal. Tower, Dalal Street, Mumbai — 400001 BSE Stock Code; 500083 |
To, The Llsting Department, Natlonal Stock Exehunape of fndla Gimited, Exchange Plaza, Bandra Karta Complex, Bandra (1), Mumbal — 400051 NSE Stock Code: CENTEX EQ T |
|
|---|---|---|
| Ref: Outcome of Board Meeting dated 12.02.2021 | ||
| Sub:- Outcome of Board Mecting- Intimation of reconstitution of Audit Committees & Corporate | ||
| Social Responsibility Committce of Members of Board of Directors- Regulation 30 of SUBI (Listing | ||
| Obligations and Disclosure Requirements) | 2015 as amended (referred to as the "SEBI Re ulations, |
|
| Listing Regulations"). | ||
| Unit: CENTURY EXTRUSIONS LIMITED | ||
| inform you This that with the to is |
recommendation Audit Committee and Corporate of the |
|
| Social Responsibility Committee and subsequently approved by the Board of Directors of the | ||
| Company at its mecting held today, i.e. on | 12!" February, 2021, has inter alia, reconstituted the | |
| Audit Committees and Corporate | Responsibility Committee of the Company and Social their |
|
| composition are as under:- | ||
| NAME OF COMMITTEE(S) | NAME OF COMMITTEE MEMBERS | |
| AUDIT COMMITTEE | Shri . Arun Kumar Hajra, Chairman, | |
| Shri. Vikram Jhunjhunwala Smt. Suhita Mukhopadhyay |
||
| Shri. Raj Kumar Sharma | ||
| Shri. Rajib Mazumdar | ||
| CORPORATE SOCIAL RESPONSIBILITY | Shri. Arun Kumar Hajra, Chairman |
|
| COMMITTEE | Shri. Vikram Jhunjhunwala | |
| Shri. Rajib Mazumdar | ||
| Shri. Raj Kumar Sharma | ||
| Smt. Suhita Mukhopadhyay |
This is for your kind information and record.
—<—— Yk , \ ov > 7 10), 4 ye | ud "Ay \C\ \ Rohit Kumar % (Company Secretary & Compliance officer) ~~ ' g =~ For Century Extrusions Lingated Ex > SA aN SY
Century Extrusions Limited
Regd. & Head Office : 113, Park Street "N" Block, 2nd Floor Kolkata -700 016 (W.B.), India Ph. + 91 (033) 2229 1012/1291 Fax : +91 (033) 2249 5656 E.Mail : [email protected] Website : www.centuryextrusions.com
Ri SYSTEM Works : x Ty WBIIDC Industrial Growth Centre ° __ 9 Plot No. 7A, Sector 'B' NIMPURA 2 = 2 P.O. ; Rakhajungle, Kharagpur - 721 301 DNV-GL 7 Dist. : Paschim Medinipur, West Bengal, India \ Ph, : +91 (03222) 233 310/324 ISO 9001=1SO 14001 Fax : +91 (03222) 233 304 E.mail : [email protected]