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GEE Ltd. — Interim / Quarterly Report 2024
Aug 16, 2024
59306_rns_2024-08-16_5022e04d-4296-4ee8-ac3b-26b6ba6a89d2.pdf
Interim / Quarterly Report
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Date: 16-08-2024
To, Department of Corporate Services Bombay Stock Exchange Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai-400001
Scrip Code: 504028
Subject: Intimation of Newspaper publication as per Regulation 30 and 47 read with Schedule III of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015.
Pursuant to Regulation 30 and 47 read with Schedule III of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, please find enclosed copy of newspaper publication in the following newspapers with respect to Unaudited Financial Results for the quarter ended June 30, 2024 approved at the meeting of Board of Directors held on August 14, 2024:
-
Business Standard
-
Navakal
Please take the above on records and oblige.
Thanking you Yours faithfully
For GEE LIMITED
Shankar Digitally signed by Shankar Lal Lal Agarwal Date: 2024.08.16 Agarwal 14:36:59 +05'30' Shankar Lal Agarwal Whole-Time Director DIN: 01205377
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ECONOMY & PUBLIC AFFAIRS 11
MUMBAI | FRIDAY, 16 AUGUST 2024
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IN BRIEF
Drug, antibiotic exports from India gain share in US
With the government focusing on boosting domestic manufacturing of pharmaceutical products, medicine and antibiotics exports have started gaining significant market share in the United States (US). According to the commerce ministry data, India is the third largest import source of medicine put up for retail sale for the US. Similarly, India has increased its share among exporters of antibiotics in the Italian market. PTI
July textiles, apparel exports up 4.7% on better demand
The country’s textiles and apparel exports in July grew by 4.73 per cent to $ 2,937.6 million compared to the same month last year mainly driven by an increase in demand for apparels, the Confederation of Indian Textile Industry said on Thursday. While the textile exports were steady at $ 1,660.4 million in July compared to $1,663.1 million, apparel shipments during the month surged by 11.8 per cent to $ 1,277.2 million the same time last year. PTI
Edible oil imports dip in first 9 mths of ‘24 marketing year
The country’s edible oil imports declined marginally by 1.6 per cent to 11.9 million tonnes in the first nine months of 2023-24 marketing year ending October, according to industry body SEA. Imports of cooking oils stood at 12.1 million tonnes in the corresponding period of 2022-23 marketing year. More than 50 per cent of India's cooking oils demand is met through imports. PTI
K’taka got 3rd-highest FDI in India at ~54,427 cr in FY24
Chief Minister Siddaramaiah on Thursday said Karnataka stood third in the country by drawing ~54,427 crore foreign direct investment (FDI) during 2023-24. He noted that Memoranda of Understanding have been signed with 13 industries, which will bring in investments worth ~42,915 crore and are expected to create around 22,600 jobs.He said the state government had taken up multidimensional programmes. PTI
After 6 months, Isro to launch earth observation satellite
Indian Space Research Organisation (Isro) is all set to launch an earth observation satellite EOS-08 onboard the third and final developmental flight of its Small Satellite Launch Vehicle on Friday. The Satish Dhawan Space Centre spaceport located about 135 km east of Chennai is buzzing with activity once again as Isro gears up for a rocket launch after nearly six months. The previous missions undertaken in 2024 were the successful launches of PSLV-C58/XPoSat mission and GSLV-F14/INSAT-3DS mission. PTI
Mid-tier banks enter the great deposit chase
Launch special schemes to boost fund base
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NEW FD SCHEMES
Banks Rate (%) Tenor (days) RBL Bank 8.1 500 8.60 * 500 Bandhan Bank 8 639 Tamilnad Mercantile Bank 7.5 400 8 * 400 Federal Bank 7.35 400 7.4 777 Bank of Maharashtra 7.25 777 * (For senior citizens) Source: Bank websites
SUBRATA PANDA tenor. Pune-based public sector Mumbai, 15 August lender Bank of Maharashtra has publicised on social media platforms that ollowing the lead of major it is offering 7.25 per cent interest on banks, several mid-tier lenders, fixed deposits with a 777-days tenor F including RBL Bank, Bank of for a limited period. Maharashtra, Federal Bank, and Moreover, Tamilnad Mercantile Tamilnad Mercantile Bank, have Bank is offering 7.50 per cent interest rolled out special fixed deposit rate on fixed deposits for 400-days schemes to drive deposit growth. tenor. For senior citizens, the Tamil Kerala-based Federal Bank has Nadu based private sector lender is unveiled a special fixed deposit offering 8 per cent interest on fixed scheme with the interest rates of 7.35 deposits for the same tenor. per cent for a 400-day tenor, 7.40 per Previously, large lenders includcent for a 777-day tenor, and 50ing, HDFC Bank, State Bank of India, month tenor for callable deposits. and Bank of Baroda have also Senior citizens will get 0.50 per cent launched special fixed deposit additional interest rate for these tenschemes to mobilise deposit at a faster ors. Meanwhile, for non-callable pace to support credit growth in the deposits above ~1 crore, the private system. Kolkata-based Bandhan Bank sector lender is offering interest rates has also launched a special scheme, of 7.50 per cent for 400-day tenor; 7.55 wherein it is offering 8 per cent interper cent for a 777-day tenor and 50 est on 21-month tenor. months’ tenor, with senior citizens Additionally, it is also offering a earning 0.50 per cent more on all the competitive interest rate of 7.25 per categories. These rates will be availcent on longer-term fixed deposits for able only for a limited period, the a tenure above 1 year and nine bank said. months to less than five years. Similarly, Mumbai-based RBL Banks have intensified their efforts Bank has unveiled ‘Vijay Deposit to attract deposits following Reserve Scheme’, offering 8.10 per cent interBank of India’s (RBI) repeated warnest on fixed deposits for a 500-day ings about the potential challenges tenor while senior citizens will get an that could arise if deposit growth coninterest of 8.60 per cent for the same tinues to trail credit growth.
IRDAI TWEAKS SURRENDER-VALUE NORMS
Max Life Insurance pencils in 100-200-bp hit to profit
AATHIRA VARIER policyholders exiting their policies can slide through these changes unafMumbai, 15 August prematurely. Insurers must now pay fected,” Tripathy said. special surrender value if policyIn the first quarter (Q1) of 2024-25 Max Life Insurance, a private insurer, holders exit after one year, among (FY25), the company’s VNB margin expects a 100-200-basis point (bp) other tweaks. These norms take effect dropped to 17.5 per cent from 22.2 per impact on its value of new business on October 1, 2024. cent in the previous year, due to a (VNB) margin due to revised sur“While these guidelines will higher share of low-margin unitrender value norms, said Prashant impact margins of traditional prolinked insurance plans in its overall Tripathy, managing director and ducts affected by surrender regulaproduct mix. Amid the regulatory chief executive officer, during an anations, the impact will be mitigated changes, the insurer has reduced its lyst call on Wednesday. through multiple strategies, such as VNB margin target for FY25 to the VNB margin measures the profitrestructuring distributions and mid-teens from the earlier guidance ability margin for life insurers. realigning procurement. We estimate of 25-26 per cent. With the revised In June, the Insurance Regulatory the final impact to be in the range of norms effective from October 1, 2024, and Development Authority of India 100-200 basis points for the transithe company plans to refile products introduced revised surrender value tional period, and we will work hard from August 15, 2024, to September norms to ensure better returns for to figure out more ideas so that we 30, 2024, in multiple tranches.
SBI, PNB in Manappuram sees talks with Karnataka to NPAs falling this FY resolve issues
ABHIJIT LELE should come down, he said, without Mumbai, 15 August indicating the level the company was targeting by the end of March 2025. HARSH KUMAR After witnessing rise in stress on loan At the consolidated level, the comNew Delhi, 15 August book in Q1FY25, Manappuram pany’s provision for bad debt rose by Finance Ltd (MFL) expects gradual 88.6 per cent Y-o-Y to ~2,286 crore in Punjab National Bank (PNB) and reduction in non-performing assets Q1FY25. Sequentially, it rose by State Bank of India (SBI) on (NPAs) in the remaining part of the 21.7 per cent from ~1,878 crore, accordThursday said they were in talks financial year as boring to an analyst with Karnataka and expected an rowers resume clearing Manappuram Finance presentation. amicable resolution to ongoing old dues and pay regular MD & CEO V P As for micro loans stand-off involving two term instalments. Its gross Nandakumar blamed run through Asirvad deposits, which saw the state govNPAs rose in micro- the situation on Microfinance Ltd, there ernment deciding to snap all ties finance, housing, vehicle, heatwaves affecting are certain challenges in with the two state-run banks. MSME, and personal productivity of collections due to fac“As the matter is currently subloans on a year-on-year people across sectors tors like farmers’ agitajudice, we are unable to provide (Y-o-Y) basis. tion (Punjab and any specific comments at this time. V P Nandakumar, MD & CEO of Rajasthan), and general elections. However, we remain in ongoing MFL, in a post-earnings analyst call There were some rumours about loan discussions with the Government said the situation changed as heatwaivers, he said. of Karnataka to resolve the issue wave affected productivity of the The company has written off ~71 amicably,” SBI said in a statement. people (loss of man days) across seccrore of NPAs in the MFI segment. The The Karnataka government tors. There will be some delay in borportfolio recorded 21 per cent Y-o-Y had asked all state government rowers beginning to pay regular instalgrowth in assets under management departments, public sector units, ments as well as clear old dues. They (AUM) of ~12,310 crore at the end of boards, corporations, local bodies, are genuine customers, who had been June 2024. Asirvad MFI is slated for universities and other institutions paying promptly, Nandakumar added. listing and roadshows for the proto close all accounts with PNB and The gross NPAs have peaked and posed IPO have already begun. SBI by September 20.
INDRAYANI BIOTECH LIMITED
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ASHV FINANCE LIMITED
CIN: U65910MH1998PLC333546
CIN : L40100TN1992PLC129301
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Regd. Office & Corp. Office: 12B, 3rd Floor, Techniplex-II IT Park, Off. Veer Savarkar Flyover, GEE LIMITED Block 1, Module No. 33, 3rd Floor, SIDCO Electronic Complex, Thiru Vi Ka Industrial Estate, Guindy, Chennai – 600032. |
Goregaon (West), Mumbai - 400 062, Maharashtra, India; Tel: +91-22-6249 2700, Fax: +91-22-6249 2787; CIN : L99999MH1960PLC011879 www.indrayani.com | [email protected] |
Email: [email protected], Website: www.ashvfinance.comUNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30 JUNE 2024 RegisteredE-mail : [email protected] : Plot No. E-1, Road No. 7, Wagle Ind. Estate, Thane-400 604Website : www.geelimited.com EXTRACT OF CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER ENDED 30TH JUNE 2024
(All amounts are in Lakhs, except for details of EPS and ratios) Tel. No. (02522) 280358, Fax No. (02522) 281199 RS. IN LAKHS, EXCEPT EPS<br>Quarter ended Year ended Extract of unaudited Financial Results for the Quarter ended 30 [th] June 2024 CONSOLIDATED<br>PARTICULARS 30 June2024 31 March2024 30 June2023 31 March2024 Sr. Quarter Ended in Lakhs (Except earnings per Share)Year Ended No. S. PARTICULARS Quarter Ended Year Ended
Unaudited Audited Unaudited Audited No. Particulars June, 2024 June, 2023 March, 2024 March, 2024 30-Jun-24 31-Mar-24 30-Jun-23 31-Mar-24
1. Total Income from Operations 4,163.05 4,535.05 4,707.93 18,510.65 Unaudited Unaudited Audited Audited Unaudited Audited Unaudited Audited
2. Net Profit for the period (before Tax, 1 Total Income from Operations 8,212.46 9,520.89 9,237.51 36,987.20 1 Total Income from Operations 3,157.21 4,541.35 4,232.12 16,744.06
Exceptional and/or Extraordinary items) (525.84) (4,098.71) (1,477.30) (10,872.52) 2 [Net Profit / (Loss) for the period] 352.55 397.13 200.56 1,806.69 2 Net profit / (Loss) for the period (before tax and exceptional items) 94.46 473.29 (38.33) 1,097.44
(Before Tax, Exceptional and / or Extraordinary items)
3. (after Exceptional and/or Extraordinary items)Net Profit for the period before tax (525.84) (4,098.71) (1,477.30) (10,872.52) 3 [Net Profit / (Loss) for the period before tax] (After Exceptional and / or Extraordinary items) 352.55 397.13 200.56 1,806.69 3 4 Net profit / (Loss) for the period (before tax and after exceptional items) Net profit / (Loss) for the period (after tax and after exceptional items) 94.46 85.01 473.29 473.29 (38.33) (44.56) 1,097.44 1,042.25
4. Net Profit for the period after tax 4 [Net Profit / (Loss) for the period after tax] 263.81 297.17 83.71 1,285.57 5 Total Comprehensive income for the period 85.01 473.29 (44.56) 1,042.25
(after Exceptional and/or Extraordinary items) (525.84) (4,436.83) (1,280.74) (11,014.08) (After Exceptional and / or Extraordinary items) 6 Paid-up equity share capital (Face value Rs.10 each) 4,553.63 4,553.63 3,422.72 4,553.63
5. [Comprising Profit for the period (after tax)Total Comprehensive Income for the period 5 Total Comprehensive Income for the period[Comprising Profit / (Loss) for the period (after tax) 264.12 297.35 82.63 1,285.04 7 Reserves (excluding Revaluation Reserve) as shown in the Audited Balance Sheet of the previous year N.A. N.A. N.A. 897.90
and Other Comprehensive Income (after tax)]
and Other Comprehensive Income (after tax)] (525.84) (4,442.76) (1,280.74) (11,020.01) 8 Earnings per share (per share of Rs.10/- each)
6 Equity Share Capital 520 520 520 520
6.7. Paid up share capitalReserves (excluding Revaluation Reserve 6,010.04 6,010.04 4,962.78 6,010.04 7 [Reserves (excluding Revaluation Reserve) as shown] in the Audited Balance Sheet of the previous year NA Diluted (in Rs.) Basic (in Rs.) 0.10 0.10 0.58 0.58 0.09 0.06 1.40 1.40
and Security premium) (11,521.24) (11,007.42) (1,275.44) (11,007.43)
8 [Earnings Per Share (of ][][2/- each)] Key numbers of standalone financial results:<br>8. Securities Premium Account 36,695.73 36,695.73 28,981.85 36,695.73 (for continuing and discontinued operations)<br>9. Net worth 31,184.53 31,698.35 32,669.19 31,854.75 Basic: 1.02 1.14 0.32 4.95 STANDALONE<br>10. Paid up Debt Capital / Outstanding Debt 0.35 0.37 0.30 0.37 Diluted: 1.02 1.14 0.32 4.95 No. S. PARTICULARS Quarter Ended Year Ended<br>11. Outstanding redeemable preference shares Not Applicable Not Applicable Not Applicable Not Applicable Notes: 30-Jun-24 31-Mar-24 30-Jun-23 31-Mar-24<br>12. Debt equity ratio 1.51 1.71 2.39 1.71 1. Thecopper coated wires, flux cored wires and welding fluxes”.Company is having single reportable segment i. e. “manufacturing of welding consumables, Unaudited Audited Unaudited Audited<br>13. Earnings Per Share (EPS) The above is an extract of the detailed format of Quarterly Financial Results filed with the 1 Total Income from Operations 1,181.69 1,924.51 1,682.40 6,594.22<br>(Face value of Rs. 10 each) BSE Limited (“Stock Exchange”) under Regulation 33 of the SEBI (Listing Obligations and Disclosure 2 Net profit / (Loss) before tax 17.05 162.40 71.65 300.91<br>(not annualized for the quarter ended) Requirements) Regulations, 2015. The results would be uploaded and available for viewing on the 3 Net profit / (Loss) after tax 12.72 7.23 71.65 145.74<br>(a) Basic () (1.28) (10.78) (3.11) (26.77) Company’s website www.geelimited.com and on the website of the Stock Exchange.For GEE Limited 4 Total Comprehensive income for the period 12.72 7.23 71.65 145.74
(b) Diluted (`) (1.28) (10.78) (3.11) (26.77)
sd/- Notes:
14. Capital Redemption Reserve Not Applicable Not Applicable Not Applicable Not Applicable Shankar Lal Agarwal 1. The above Consolidated and Standalone financial results were reviewed and recommended by the Audit Committee and approved by the Board of Directors
15. Debenture Redemption Reserve Not Applicable Not Applicable Not Applicable Not Applicable Date : 14.08.2024 Whole-Time Director Directors at their meeting held on 14th August 2024 and have been subjected to review by the Statutory Auditors of the company. The above results have been prepared In accordance with the Indian Accounting Standards-(Ind AS) as prescribed under Section 133 of the Companies Act 2013, read with Rule 3 of the
16. Debt Service Coverage Ratio Not Applicable Not Applicable Not Applicable Not Applicable Place: Thane DIN : 01205377 Companies (Indian Accounting Standards) Rules, 2015 and Companies (Indian Accounting Standards) Amendment Rules, 2016.
17. Interest Service Coverage Ratio Not Applicable Not Applicable Not Applicable Not Applicable Rameshwar Media 2.3. The financial results are being forwarded to the Bombay Stock Exchange & also available on the company website (www.indrayani.com).The figures for the quarter ended 31 March 2024 are the balancing figures between the audited figures in respect of the financial year ended 31 March 2024
and published year to date figures for nine months ended 31 December 2023, which were subjected to limited review by the statutory auditors.
Note: 4. Previous period figures have been regrouped wherever necessary.
1. The above financial results were reviewed by the Audit and Compliance Committee and approved by the 5. There is no investor complaint received during the quarter.
For Indrayani Biotech Limited
Board of Directors at their meeting held on 14 August 2024 and were reviewed by the Statutory Auditors Date : 14/08/2024 Sd/-
of the Company. Place : Chennai Swaminathan
2. The above is an extract of the detailed format of quarterly financial results filed with the BSE Limited under Whole-time Director (DIN: 02481041)
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Note: 1. The above financial results were reviewed by the Audit and Compliance Committee and approved by the Board of Directors at their meeting held on 14 August 2024 and were reviewed by the Statutory Auditors of the Company. 2. The above is an extract of the detailed format of quarterly financial results filed with the BSE Limited under Regulation 52 of the SEBI (Listing and Other Disclosure Requirements) Regulations, 2015. The full format of the quarterly financial results are available on the websites of the BSE Limited i.e. www.bseindia.com and the Company i.e. www.ashvfinance.com.
- For the items referred in the Regulation 52 (4) of the SEBI (Listing and Other Disclosure Requirements) Regulations, 2015, the pertinent disclosures have been made to the BSE Limited and can be accessed on the website of the Company i.e. www.ashvfinance.com. Ashv Finance Limited 4. There were no exceptional/extraordinary items. Sd/Nikesh Kumar Sinha Place: Mumbai Managing Director and CEO Date: 14 August 2024 DIN: 08268336
[email protected] www.navakal.in
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/navakalofficial
‘w§~B© & ewH«$dma 16 Am°JñQ>, 2024
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| 15 | {MIbo{MamQdmSr añVm {H‘r0/00Vo1/050‘ܶogwYmaUm HaUod Sm§~arHaU HaUo. J«m‘m-86 Vm. amOmnya {O. aËZm{Jar. | 20,22,246/- | dJ©-5-A ˶mdarb |
| 16 | ’w’oao{bJ‘dmSr añVm {H.‘r.0/000Vo1/000‘ܶo‘O~wVrHaU d Sm§~arHaU HaUo. Vm. amOmnya | 15,38,209/- | dJ©-5-A ˶mdarb |
| 17 | HmoVmnya ‘m | SodmSr {neXodmSr ^mbmdbr añVm {H.‘r.0/00Vo 4/400‘ܶogwYmaUm d Sm§~arHaU HaUo.Vm.amOmnya | 20,37,330/- |
| 18 | nSdo Vm§~o nmImSr OmoerdmSr ~m¡ÜXdmSr JmdnSÌo dmb‘dRma Vo à{O‘m H«.72 añVm {H.‘r. 0/000 Vo 5/500 ‘ܶo | 38,59,580/- |
dJ©- 5 ˶mdarb |
| ‘O~wVrHaU d Sm§~arHaU HaUo. Vm. amOmnya | |||
| 19 | aËZm{Jar {Oëh¶mVrb aËZm{Jar VmbwжmVrb Mm§Xmoa ‘YbrdmSr qMMdmSr CJdVrdmSr Vo SwJdo añVm {H.‘r. 0/00 Vo | 25,27,831/- |
dJ©-5-A ˶mdarb |
| 8/450‘ܶo‘O~wVrHaU d Sm§~arHaU HaUo. J«m‘m-187 | |||
| 20 | {edUo~w. JwaddmSr añVm {H.‘r.0/00Vo1/00‘ܶogwYmaUm d Sm§~arHaU HaUo. Vm. amOmnya | 16,69,869/- | dJ©-5-A ˶mdarb |
| 21 | n | SIio {ZZmdodmS daMrdmSr d¡VmJdmSr Vo g§Hoœa ‘§{Xa añVm 0/00 Vo 3/00 ‘ܶo gwYmaUm d Sm§~arHaU HaUo. | 20,11,512/- |
| J«m‘m-211 Vm.amOmnya |
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