DOCSLIB.ORG

Shareholding Pattern Under Regulation 31 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Shareholding Pattern Under Regulation 31 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Shareholding Pattern under Regulation 31 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 1 Name of the Entity : Welspun India Limited 2 Scrip Code / Name of Scrip / Class of security: BSE Code : 514162 NSE Code : WELSPUNIND Class : Equity 3 Shareholding Pattern filed under : Reg. 31(1)(a) / Reg. 31(1)(b) / Reg. 31(1)(c ) a. If under 31(1)(b) then indicate the report for Quarter ending 30.06.2020 b. If under 31(1)(c) then indicate the date of allotment / extinguishment 4 Declaration : The Listed entity is required to submit the following declaration to the extent of submission of information:- Particulars Yes* No* 1 Whether the Listed Entity has issued any partly paid up shares? No 2 Whether the Listed Entity has issued any Convertible securities or warrants? No 3 Whether the Listed Entity has any shares against which depository receipts are issued? No 4 Whether the Listed Entity has any shares in locked-in? No 5 Whether any shares held by promoters are pledge or otherwise encumbered ? No 6 Whether company has equity shares with differential voting rights? No 7 Whether the listed entity has any significiant beneficial owner? Yes * If the Listed Entity selects the option 'No' for the questions above, the columns for the partly paid up shares, Outstanding, Convertible Securities / Warrants, depository receipts, Locked-in shares, No of shares pledged or otherwise encumbered by promoters, as applicable, shall not be displayed at the time of dissemination on the Stock Exchange website. Also wherever there is 'No' declared by Listed Entity in above table the values will be considered as 'zero' by default on submission of the format of holding of specified securities. The tabular format for disclosure of holding of specified securities is as follows: Table I- Summary Statement holding of specified securities Category Category of Number of No. of fully paid No of partly No of Shares Total nos. of Shareholding as a Number of Voting Rights held in each class of securities No. of Shares Shareholding as a % Number of Locked-in Number of Shares pledged Number of (i) Shareholder Shareholders up equity shares paid up equity underlying Shares held % of total no. of (ix) Underlying assuming full Shares or otherwise encumbered equity shares (ii) (iii) held shares held Depository (vii)=(iv)+(v)+(vi) shares (calculated Outstanding conversion of (xii) (xiii) held in (iv) (v) Receipts as per SCRR, 1957) convertible convertible securities dematerialized (vi) (viii) No of Voting Rights Total as a % securities (as a percentage of No. No. form As a % of (including diluted share capital) (xiv) of (a) As a % of (a) As a % of (A+B+C2) warrants) (xi)=(vii)+(x) (A+B+C) total shares total shares (x) As a % of (A+B+C2) held held Class : Equity Class : NA Total (b) (b) (A) Promoter & Promoter Group 7 692,170,933 - - 692,170,933 68.89 692,170,933 - 692,170,933 68.89 - - - - - - 692,170,933 (B) Public 77,020 312,554,217 - - 312,554,217 31.11 312,554,217 - 312,554,217 31.11 - - - - - - 308,739,847 (C ) Non- Promoter- Non Public - - - - - - - - - - - - - - - - - (C 1) Shares underlying DRs - - - - - NA - - - - - NA - - - - - (C 2) Shares held by Employee Trusts - - - - - - - - - - - - - - - - - Total 77,027 1,004,725,150 - - 1,004,725,150 100.00 1,004,725,150 - 1,004,725,150 100.00 - - - - - - 1,000,910,780 Table II- Summary Statement holding of the Promoter and the Promoter Group Category Category of Number of Number of Locked-in Shares (i) Shareholder Shareholders Number of Voting Rights held in each class of securities No. of Shares Shareholding as a % (xii) Number of Shares pledged or (ii) (iii) Shareholding as a % (ix) Underlying assuming full otherwise encumbered (xiii) No of Fully paid No of partly of total no. of shares Outstanding conversion of Number of equity No of Shares underlying Total nos. of up equity shares paid up equity (calculated as per convertible convertible securities shares held in PAN Number Depository Receipts Shares held held shares held SCRR, 1957) No of Voting Rights securities (as a percentage of dematerialized form (vi) (vii)=(iv)+(v)+(vi) As a % of total As a % of total (iv) (v) (viii) Total as a % of (including diluted share capital) No. No. (xiv) shares held shares held As a % of (A+B+C2) (A+B+C) warrants) (xi)=(vii)+(x) (a) (a) (b) (b) Class : Equity Class : NA Total (x) As a % of (A+B+C2) (I) (II) (II) (III) (IV) (V) 1 Indian (a) Individuals/Hindu undivided Family 5 5 3,444,010 3,444,010 0.34 3,444,010 - 3,444,010 0.34 - - - - - - 3,444,010 - - - - - - - - - - - - - - (i) Radhika Balkrishan Goenka ANEPG0498F 1 2,008,600 - - 2,008,600 0.20 2,008,600 0 2,008,600 0.20 - - - - - - 2,008,600 (ii) Dipali B. Goenka AEOPG4886L 1 750,400 - - 750,400 0.07 750,400 0 750,400 0.07 - - - - - - 750,400 (iii) Balkrishan Gopiram Goenka AEOPG4891D 1 490,660 - - 490,660 0.05 490,660 0 490,660 0.05 - - - - - - 490,660 (iv) B. K. Goenka (HUF) AACHB9482P 1 193,320 - - 193,320 0.02 193,320 0 193,320 0.02 - - - - - - 193,320 (v) Rajesh R. Mandawewala AACPM2601D 1 1,030 - - 1,030 0.00 1,030 0 1,030 0.00 - - - - - - 1,030 (b) Central Government / State Government (s) - - - - - - - - - - - - - - - - - (c ) Financial Institutions/ Banks - - - - - - - - - - - - - - - - - (d) Any Other (specify) 2 688,726,923 688,726,923 68.55 688,726,923 - 688,726,923 68.55 - - - - - - 688,726,923 Trust (i) Balkrishan Gopiram Goenka (Welspun AAATW3935E 1 683,302,903 683,302,903 68.01 683,302,903 683,302,903 68.01 683,302,903 Group Master Trust)* Bodies Corporate (i) Aryabhat Vyapar Private Limited AARCA4935E 1 5,424,020 - - 5,424,020 0.54 5,424,020 - 5,424,020 0.54 - - - - - - 5,424,020 - - - - - - Sub-Total (A)(1) 7 692,170,933 - - 692,170,933 68.89 692,170,933 0 692,170,933 68.89 - - - - 692,170,933 2 Foreign Individuals (Non-Resident (a) Individuals/ Foreign Individuals) - - - - - - - - - - - - - - - - - (b) Government - - - - - - - - - - - - - - - - - (c ) Institutions - - - - - - - - - - - - - - - - - (d) Foreign Portfolio Investor - - - - - - - - - - - - - - - - - (e ) Any Other (specify) - - - - - - - - - - - - - - - - - Bodies Corporate - - - - - - - - - - - - - - - - - Sub-Total (A)(2) - - - - - - - - - - - - Total Shareholding of Promoter and Promoter Group (A)= (A)(1)+(A)(2) 7 692,170,933 - - 692,170,933 68.89 692,170,933 0 692,170,933 68.89 - - 0.00 0.00 0.00 0.00 692,170,933 Details of Shares which remain unclaimed may be given here along with details such as number of shareholders, outstanding shares held in demat/unclaimed suspense account, voting rights which are frozen etc.: NIL Note: (1) PAN would not be displayed on website of Stock Exchange(s). (2) The term “Encumbrance” has the same meaning as assigned under regulation 28(3) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Table III- Statement showing shareholding pattern of the Public Shareholder Number of Voting Rights held in each class of Number of Locked-in Shares Number of Shares pledged Shareholding as a % No of Shareholding as a % securities No. of Shares (xii) or otherwise encumbered Number of assuming full conversion No of Fully paid No of partly Shares of total no. of shares (ix) Underlying (xiii) equity shares Category of of convertible securities Category Number of up equity shares paid up underlying Total nos. of Shares (calculated as per Outstanding held in Shareholder PAN Number (as a percentage of diluted As a % of (i) Shareholders (iii) held equity shares Depository held (vii)=(iv)+(v)+(vi) SCRR, 1957) No of Voting Rights convertible securities As a % of total dematerialized (ii) Total as a % share capital) No. No. total shares (iv) held (v) Receipts (viii) (including warrants) shares held form of (A+B+C) (xi)=(vii)+(x) (a) LOCKED (a) held (vi) As a % of (A+B+C2) (x) (b) (xiv) Class : Equity Class: NA Total As a % of (A+B+C2) (b) (I) (II) (II) (III) (IV) (V) (VI) (VII) (VIII) 1 Institutions (a) Mutual Funds 9 5 8,745,251 - - 5 8,745,251 5 .85 58,745,251 - 58,745,251 5 .85 - - - NA 58,633,151 DSP SMALL CAP FUND AAAJD0430B 1 3 2,645,243 - - 3 2,645,243 3 .25 32,645,243 - 32,645,243 3 .25 - - - NA 32,645,243 L&T Mutual Fund Trustee Limited-L&T Emerging Businesses Fund AAATC4460E 1 1 8,749,318 1 8,749,318 1 .87 18,749,318 18,749,318 1 .87 18,749,318 (b) Venture Capital Funds - - - - - - - - - - - - - - NA - (c ) Alternate Investment Funds 3 3 ,769,605 - - 3 ,769,605 0 .38 3,769,605 - 3,769,605 0 .38 - - - - NA 3 ,769,605 (d) Foreign Venture Capital Investors - - - - - - - - - - - - - - NA - ( e) Foreign Portfolio Investors 92 4 9,897,754 - - 4 9,897,754 4 .97 49,897,754 - 49,897,754 4 .97 - - - - NA 49,897,754 (f) Financial Institutions/ Banks 7 2 2,377,775 - - 2 2,377,775 2 .23 22,377,775 - 22,377,775 2 .23 - - - - NA 22,375,275 Life Insurance Corporation of India AAACL0582H 1 1 9,219,736 - - 1 9,219,736 1 .91 19,219,736 - 19,219,736 1 .91 - - - - NA 19,219,736 (h) Insurance Companies - - - - - - - - - - - - NA - (i) Provident Funds/ Pension Funds - - - - - - - - - - - - - NA - (j) Any Other (specify) - UTI 1 140 - - 140 0 .00 140 - 140 0 .00 - - - - NA - - - - - - - - - - - - NA Sub-Total (B)(1) 112 134,790,525 - - 134,790,525 1 3.42 134,790,525 - 134,790,525 13.42 - - - - - - 134,675,785 2 Central Government/ State Government(s)/ President of India - - - - - - - - - - - NA - Sub-Total (B)(2) - - - - - - - - - - - - - - - 3 Non-institutions (a) Individuals - i.
Load more

Recommended publications
  • Press Release Welspun India Limited
    Press Release Welspun India Limited October 07, 2019 Ratings Amount Facilities Ratings1 Remarks (Rs. crore) 2523.77 (reduced from Rs. 2901.65 CARE AA; Stable Reaffirmed Long term Bank Facilities crore) (Double A; Outlook: Stable) 404.17 CARE A1+ Reaffirmed Short term Bank Facilities (reduced from Rs. 446.65 crore) (A One Plus) 2927.94 (Rs. Two Thousand Three Total Facilities nine Hundred twenty seven crore and ninety four lakh only) CARE A1+ Reaffirmed Commercial Paper* 300.00 (A One Plus) *Standalone Detailed Rationale & Key Rating Drivers The reaffirmation in the ratings assigned to the long term facilities and Commercial Paper issue of Welspun India Limited (WIL) takes into account resourceful promoters (i.e. Welspun group), extensive experience of the management, WIL’s leading position in home textiles segment with global reach, strong relationship with leading global retailers, well-diversified product portfolio, strong brand image, integrated operations, comfortable capital structure and healthy debt coverage indicators. The ratings also taken into account the partial commencement of operations of its subsidiary Welspun Flooring Limited. The ratings are, however, constrained by declining trend in PBILDT margins, anticipated outflow towards settlement of Rs.191 crores. WIL’s exposure to inherent industry risks, such as volatility in raw material prices and fluctuations in foreign currency. WIL’s ability to improve its PBILDT margins, settlement of liability towards on-going US litigation remains key rating sensitivity. Moreover, addition of any large debt funded project impacting financial risk profile is also a rating sensitivity. Detailed description of the key rating drivers Key Rating Strengths Resourceful promoters: WIL is a prominent company of the Welspun group, a USD 2.3 billion diversified conglomerate with established track record in fields such as line pipes, steel and textiles.
    [Show full text]
  • Company Profile
    COMPANY PROFILE 01 TABLE OF CONTENTS Section 1 Executive Summary 03 Section 2 Welspun Group 04 Section 3 Welspun One Logistics Parks (WOLP) 10 Section 4 Our Flagship Project - Bhiwandi 14 Section 5 People Behind Us 17 02 EXECUTIVE SUMMARY Welspun One Logistics Parks (“WOLP”) aspires to become the most preferred warehousing company in India WOLP is an institutional, industrial real estate platform, and the only one to be backed by a global conglomerate – the Welspun Group: • Welspun Group is a leading name in line pipes, home textiles, infrastructure, steel, advanced textiles & flooring solutions • The group has delivered manufacturing / industrial facilities across 4 states and 7 cities pan-India, spanning ~3,275 acres of land entailing an investment of ~USD 2BN • WOLP sources & develops feasible land parcels which suit institutional investors and get leased by valued occupiers • WOLP’s Buy + Build + Lease is an integrated approach to develop futuristic logistics parks that are in line with our customers’ needs & aspirations • We offer Development Management Programme (DMP) for select funds, clients & landowners who wish to continue owning their assets while enjoying all returns from a Grade A warehousing development. • The WOLP team has a cumulative development experience of ~90 years, having delivered over 115 MM SF of construction projects in India • We are developing our flagship 3MM sft Logistic park with a project cost of USD 110 MM in the heart of Mumbai’s consumption hub – Bhiwandi. • It is planned as a benchmark project combining the best that the industry has to offer in expertise and standards. 03 WELSPUN GROUP 04 AN OVERVIEW ON WELSPUN GROUP Welspun is a global conglomerate, driven by its core philosophies of constant innovation and social responsibility to create a better future.
    [Show full text]
  • India's Leading & Oldest Solar Media Group
    India’s Leading & Oldest Solar Media Group Richest & Most Diversified Media Portfolio Content Is The King, Best Content Disemination & Readership Magazine, Newsletter, Newsportal, Conferences, Training Programs , Networking Dinner, Buy-Seller Meets, Jobs, Videos, Tenders, Slideshare Etc... Redership Developed Over 9 Years Of Devoted Work & Presence In The Solar Sector. Readership Which Shows Itself In The Events Organised By EQ Which Has Audience Of Unparalleled Quality & Quantity. Less than 1% Bounce Rate on www.EQMagPro.com Very High Quality Parameter...Not Any Overnight Numbers Rs. 100 All It Takes To Download The Financial Statements Of Various Publications To Know Who Is Printing How Much 100000 + Handpicked Subscribers Over Past 9 Years... Readership Of Unparalleled Quality & Numbers Magazine Which Is Not Just A Trade Journal But Distributed To Big Consumers Of Power, High Tax Payers, Hni’s And Read By Professionals In Other Indian Economic & Business Sectors “Rome Wasn’t built in a day & What’s built in a day is not Rome.” - Tony Horton Some Things Makes Real Sense Only When They Are Matured, Aged & Old Enough. INTERNATIONAL Since 2009 India’s Leading & Oldest Solar Media Group Volume # 9 | Issue # 5 | May 2017 | Rs.5/- India’s Oldest & Leading Solar Media Group Volume # 8 | Issue # 4 | April 2016 | Rs.5/- nuevosol.co.in We once took a step unaware of its consequences! INTERNATIONAL www.EQMagPro.com Now, isn't it time we make a conscious and sustainable choice? FIRST TO DELIVER 1 GWp IN INDIA ~ 3.3 billion USD ~ 4.6 GW > 10 GW total > 1 GW > 14 GW revenue 2015 modules solar project solar plants modules delivered delivered 2015 pipeline built since 2001 CANADIAN SOLAR IS THE #1 BRAND FOR SOLAR MODULES IN INDIA.
    [Show full text]
  • WELSPUN GROUP MASTER TRUST Address: 7Th Floor, Welspun House, Kamala City, Senapati Bapat Marg, Lower Parel (West), Mumbai-400 013
    WELSPUN GROUP MASTER TRUST Address: 7th Floor, Welspun House, Kamala City, Senapati Bapat Marg, Lower Parel (West), Mumbai-400 013. Mail Id- [email protected] To, May 22, 2020 Bombay Stock Exchange Ltd. National Stock Exchange of Welspun Investments (Scrip Code-533252) India Ltd. and Commercials Department of Listing, (Symbol: WELINV) Limited P. J. Towers, Dalal Street, Exchange Plaza, Welspun City, Mumbai – 400 001. Bandra-Kurla Complex, Village Versamedi, Bandra (E), Mumbai – 400 051. Taluka Anjar, District Kutch Gujarat-370 110 Dear Sirs, Sub: Disclosure pursuant to Regulation 30(1) and 30(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Please find enclosed herewith disclosure under regulation 30(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 in the prescribed format, in respect of shareholding of the Promoter and Promoter Group of Welspun Investments and Commercials Limited (“WICL”), the Target Company, as on 31st March, 2020. Kindly take the same on records and oblige. Thanking You, Yours faithfully, For Welspun Group Master Trust (for and on behalf of the Promoter and Promoter Group) Encl: As above ANNEXURE – 1 Disclosures under Regulation 30(1) and 30(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Part-A-Details of shareholding 1. Name of the Target Company (TC) Welspun Investments and Commercials Limited (“WICL”) 2. Name(s) of the stock exchange(s) The BSE where the shares of the TC are The National Stock Exchange of India Limited listed 3. Particulars of the shareholder(s) : a. Name of person(s) together with Persons Acting in Concert (PAC) N.A.
    [Show full text]
  • India 2020: Utilities & Renewables
    Deutsche Bank Markets Research Industry Date 19 July 2015 India 2020: Utilities Asia & Renewables India Utilities Utilities Abhishek Puri Research Analyst (+91) 22 7180 4214 [email protected] F.I.T.T. for investors Make way for the Sun India solar power investments could surpass that of coal India has made an exceptional commitment to solar energy by raising its 2022 target five-fold to 100GW and its Renewable Energy target to 175GW. The government has announced an unprecedented policy push and states are providing the necessary infrastructure. Annual investments in solar could surpass investment in coal by 2019-20, with USD 35bn committed by global players. For local IPPs, solar has to be an inherent part of their expansion strategy, as RE obligations become strictly enforceable and cost of coal power increases. NTPC, Adani and RPWR are ahead in this development cycle which adds 10-15% to our current valuations. NTPC is our top pick. ________________________________________________________________________________________________________________ Deutsche Bank AG/Hong Kong Deutsche Bank does and seeks to do business with companies covered in its research reports. Thus, investors should be aware that the firm may have a conflict of interest that could affect the objectivity of this report. Investors should consider this report as only a single factor in making their investment decision. DISCLOSURES AND ANALYST CERTIFICATIONS ARE LOCATED IN APPENDIX 1. MCI (P) 124/04/2015. Deutsche Bank Markets Research Asia Industry Date India 19 July 2015 Utilities India 2020: Utilities Utilities FITT Research & Renewables Abhishek Puri Research Analyst Make way for the Sun (+91) 22 7180 4214 [email protected] India solar power investments could surpass that of coal Top picks India has made an exceptional commitment to solar energy by raising its 2022 NTPC Limited (NTPC.BO),INR135.15 Buy target five-fold to 100GW and its Renewable Energy target to 175GW.
    [Show full text]
  • List of Power Plant Projects
    Past Experience : Power Plant Projects List Of Power Plant Projects Year Name of Project Client Detailed Geotechnical Investigation work in Lara Super Termal Power Project, 2018 NTPC Limited Stage-II, Raigarh, Chhittisgarh Geotechnical Investigation for 2x660 MW Khurja Super Thermal Power Project at 2018 THDC India Limited Khurja in Distt. Bulandshahr, Uttar Pradesh Conducting Seismic Refraction Tests along various Traverses for 2x660 MW Khurja 2018 THDC India Limited Super Thermal Power Project at Khurja, Uttar Pradesh Conducting Electrical Resistivity Tests for Proposed 3x660 MW Ghatampur Thermal BGR Energy Systems 2018 Power Project, Distt. Kanpur, Uttar Pradesh Limited 2017 Geotechnical Investigation for Tanda Thermal Power Station Township, Tanda, U.P. NTPC Limited Foundation Reactivation Works (Micropiling) of MPH#1 at 2x660 MW Meja TPP at Meja Urja Nigam Pvt. 2017 Meja, Allahabad, Uttar Pradesh Ltd. Conducting Electrical Resistivity Tests for Proposed 3x660 MW Ghatampur TPP at Alstom Bharat Forge 2017 Ghatampur, Uttar Pradesh Power Pvt. Ltd. Geotechnical Investigations for 2x660MW Coal Fired Super-critical Units of Extension Tenughat Vidhyut 2017 Project (Stage-II) at Tenughat Thermal Power Station, Lalpania, Dist. Bokaro, Nigam Ltd. (TVNL) Jharkhand Geotechnical Investigation work including Laboratory Testing for 2X800 MW Godda Adani Power 2017 Thermal Power Project at Village Motia, Distt. Godda, Jharkhand (Jharkhand) Limited Geotechnical Investigation for 3x660 MW Ghatampur Thermal Power Project, District BGR Energy Systems 2017 Kanpur, Uttar Pradesh Limited Geotechnical Investigation for CHP package for M/s. NBPPL for Stage-IV, NTPC- Power Mech Projects 2016 FGUTPP, Unchahar, (UP) Limited 2016 Geotechnical Investigation for Proposed Power Plant at Kodla, Gulbarga, Karanataka Shree Cement Limited Geotechnical Drilling Works at Village Selda, Distt.
    [Show full text]
  • WELSPUN INDIA LIMITED Regd
    WELSPUN INDIA LIMITED Regd. Office : Welspun City, Village Versamedi, Taluka Anjar, District Kutch, Gujarat - 370 110 Corporate Office : Welspun House, 6th Floor, Kamala City, Senapati Bapat Marg, Lower Parel, Mumbai - 400 013 N O T I C E NOTICE is hereby given that the 28th Annual General Meeting of Welspun India Limited will be held on Tuesday, September 24, 2013 at the Registered Office of the Company at Welspun City, Village Versamedi, Taluka Anjar, District Kutch, Gujarat - 370 110 at 10:00 a.m. to transact the following business : ORDINARY BUSINESS 1. To receive, consider and adopt the audited Balance Sheet as at March 31, 2013 and the audited Profit and Loss Account for the year ended on that date and the Report of Directors and Auditors thereon. 2. To confirm the payment of interim dividend, of 20% on equity shares, which was declared by the Board of Directors at its meeting held on November 8, 2012. 3. To consider declaration of final dividend, of 20% on equity shares, which was recommended by the Board of Directors at its meeting held on May 15, 2013. 4. To appoint a director in place of Mr. Rajesh R. Mandawewala, who retires by rotation, and being eligible, offers himself for re-appointment. 5. To appoint a director in place of Mr. D.B. Engineer, who retires by rotation, and being eligible, offers himself for re-appointment. 6. To consider and approve re-appointment of M/s. Price Waterhouse, Chartered Accountants having Firm Registration Number 012754N as Statutory Auditors, who retire at the meeting and being eligible, offer themselves for re-appointment.
    [Show full text]
  • July-August 2017
    Renewable Energy Monitor July-August 2017 Policy Government fears solar developers may delay projects to 'gain' from fall in tariffs UP turns focus to solar power, to generate 10,700 MW by 2022 In two years solar energy for residential sector would be cheaper than electricity grid: Solar players State electricity boards hurting renewable power by reneging on contracts Government eases environmental clearance rules for solar power projects, parks India, Germany sign pact to improve grid integration of renewable energy Solar NLC biggest winner in 1,500-MW Tamil Nadu solar auction Tata Power DDL to set up two pilot solar microgrids in Bihar Half of 1,396-MW rooftop solar capacity added in FY17 Warburg Pincus to invest up to $100 mn in CleanMax Solar Mr Suresh Prabhu flags off India's first solar-powered 1,600 HP train coach Crashing solar tariffs crush storage plans India adds 4.8 GW of solar capacity in H1 After Uttar Pradesh, Jharkhand manages to renegotiate solar tariffs Greenko Solar to acquire stake in Pennar’s renewable energy unit Tata Power-DDL wins solar innovation, excellence award 2017 Wind Inox wind on road to insolvency after NCLT clears process Reverse auction of second tranche of 1 GW wind power projects delayed Transmission preference for wind projects Wind power tariff hits new low of Rs 3.42 per unit Environmental impact assessment not needed for wind projects Investment Tata Power to invest $90 million in renewable energy arm TPREL RE Monitor July-August 2017 2 Jakson Group to invest Rs 700 crore to set up new solar plant India among top ten green bond market Indus Towers to invest Rs 350 crore on green drive Mitsui set to pick up stake in OMC Power Government fears solar developers may delay projects to 'gain' from fall in tariffs.
    [Show full text]
  • Annual Investors Meet 2016 25 April 2016 – Event
    Welspun India Ltd – Annual Investors Meet 2016 th 25 April 2016 – Event Transcript Good evening friends from the financial community & a very warm welcome from Welspun India . My name is Naveen Soni, I head the corporate communications for the group & for today’s annual investor conference. We are joined by our Chairman Mr. B.K. Goenka, Ms. Dipali Goenka who is the CEO & Joint MD of Welspun India and also by Mr Akhil Jindal who is the Director Group Finance & Strategy. We also have Mr. Altaf Jiwani who is the CFO of Welspun India. So in today's conference the agenda is that first we will have an address from the Chairman then we will have Ms. Dipali Goenka speaking about the business performance & also giving you the way forwards, followed by Mr. Altaf Jiwani giving you the annual financial highlights & then finally the Q & A. So I now request Mr. B K Goenka, Chairman Welspun Group, to come & give his address. Mr B.K. Goenka: Good evening friends, let me welcome you all once again on behalf of Welspun group & Welspun India for today's investor meet & I also like to thank you for sparing your time to attend this annual meet. Just to start at a group level, I thought let me take your 2 minutes on what we are trying to do at the group level. As you all know Welspun Group is today having a turnover of more than 3 billion dollar across all the verticals & we have primarily four main businesses, one is Welspun India Limited for which we have meeting today and which is the by far number one home textile company across the globe.
    [Show full text]
  • Welspun Global Brands Limited Welspun Maxsteel Limited
    WELSPUN ENTEPRISES LIMITED Registered Office: Welspun City, Village Versamedi, Tal : Anjar, Dist. Kutch, Gujarat -370 110. Tel: +91 2836 662222 Fax: +91 2836 279010 E-mail: [email protected] Website: www.welspunenterprises.com Contact Person: Mr. Rajendra Sawant, Company Secretary & Compliance Officer Welspun Enterprises Limited was originally incorporated as “Welspun Infra Enterprises Private Limited” on 5th November, 2012 under the Companies Act, 1956. Subsequently the Company was converted into a public company and the name of the Company was changed to “Welspun Infra Enterprises Limited” w.e.f. 9th April, 2013. Subsequently the name of the Company was changed to “Welspun Enterprises Ltd” w.e.f. 11th June, 2013. The main object of the Company was changed to enable the Company to do trading in commodities, metal products including steel and other goods used in industrial and other commercial activities, as its main business w.e.f. 22nd January, 2014. The Hon’ble High Court of Gujarat at Ahmedabad by its order dated 10th January, 2014 has approved the Scheme of Arrangement between Welspun Corp Limited and the Company and their respective members and creditors, pursuant to which, inter alia, the Other Business Division of Welspun Corp Ltd was transferred to the Company and in consideration thereof, 1 (One ) equity share of the Company was issued for every 20 (twenty) equity shares of Rs.5 each of Welspun Corp Ltd held on the Record Date fixed for the purpose and accordingly, 1,31,47,415 equity shares of Rs.10/- each were allotted to the shareholders of Welspun Corp Ltd.
    [Show full text]
  • WELSPUN ENTERPRISES LIMITED Address: Welspun City, Village Versamedi, Taluka Anjar, Dist
    PRIVATE & CONFIDENTIAL – FOR ADDRESSEE ONLY (THIS DISCLOSURE DOCUMENT CUM PRIVATE PLACEMENT OFFER LETTER IN FORM PAS - 4 (“INFORMATION MEMORANDUM”) IS NEITHER A PROSPECTUS NOR A STATEMENT IN LIEU OF PROSPECTUS). THIS INFORMATION MEMORANDUM IS PREPARED AND ISSUED IN CONFORMITY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE AND LISTING OF DEBT SECURITIES) REGULATIONS, 2008 ISSUED VIDE CIRCULAR NO. LAD-NRO/GN/2008/13/127878 DATED JUNE 06, 2008, AS AMENDED BY SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE AND LISTING OF DEBT SECURITIES) (AMENDMENT) REGULATIONS, 2012 ISSUED VIDE CIRCULAR NO. LAD-NRO/GN/2012-13/19/5392 DATED OCTOBER 12, 2012 AND CIR/IMD/DF/18/2013 DATED OCTOBER 29, 2013) AND THE SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE AND LISTING OF DEBT SECURITIES) (AMENDMENT) REGULATIONS, 2014 ISSUED VIDE CIRCULAR NO. LAD-NRO/GN/2013-14/43/207 DATED JANUARY 31, 2014 AND SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE AND LISTING OF DEBT SECURITIES) (AMENDMENT) REGULATIONS, 2015 ISSUED VIDE CIRCULAR NO. LAD-NRO/GN/2014-15/25/539 DATED MARCH 24, 2015 AND SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE AND LISTING OF DEBT SECURITIES) (AMENDMENT) REGULATIONS, 2016 ISSUED VIDE CIRCULAR NO SEBI/ LAD-NRO/GN/2016-17/004. DATED 25 MAY 2016 AND SEBI CIRCULAR NO. CIR/IMD/DF-1/122/2016 DATED NOVEMBER 11, 2016 AND SEBI CIRCULAR NO. SEBI/HO/IMD/DF1/CIR/P/2016/140 DATED DECEMBER 23, 2016 SECURITIES AND EXCHANGE BOARD OF INDIA (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015, ISSUED VIDE CIRCULAR NO. SEBI/LAD-NRO/GN/2015-16/013 DATED SEPTEMBER 02 2015 AND SECTION 42 OF THE COMPANIES ACT, 2013 AND THE COMPANIES (PROSPECTUS AND ALLOTMENT OF SECURITIES) RULES, 2014.
    [Show full text]
  • Seriously Stressed and Stranded: the Burden of Non-Performing Assets in India's Thermal Power Sector 2
    Tim Buckley, Director Energy Finance Studies, Australia/South Asia 1 Vibhuti Garg, Energy Economist Simon Nicholas, Energy Finance Analyst Kashish Shah, Energy Finance Analyst December 2019 Seriously Stressed and Stranded The Burden of Non-Performing Assets in India's Thermal Power Sector Executive Summary India’s thermal generation sector is carrying US$40-60 billion (bn) in non- performing or stranded assets supported by the troubled banking sector. This is undermining the flow of capital critical to sustain strong economic growth and a renewable energy future. Under the leadership of Prime Minister Narendra Modi, the Government of India has embraced the enormous opportunities emerging from low cost renewable energy, including the additional energy security benefits from a reduced reliance on imported expensive fossil fuels. A rapid expansion of domestic wind and solar infrastructure is driving sustainable investment and employment prospects. At the same time, renewables are providing part of the solution to growing water stress and air pollution issues that are eroding quality of life and the sustainability of economic growth. With zero indexation contracts extending for 25 year terms, year one renewable energy tariffs consistently below Rs3/kilowatt hour (kWh) are now the low cost source of electricity supply in India. LOW COST RENEWABLE TARIFFS ARE A FUNDAMENTAL THREAT to the viability of new and proposed thermal coal-fired power plants. This is only going to intensify over time given the ongoing capital cost deflation in the renewable sector. The economics of low cost renewables has already destroyed the viability of proposed new import coal-fired power plants. Low cost renewables are also progressively eroding the viability of non-mine mouth coal-fired power plants, given these plants must also wear the burden of expensive and rising rail transportation costs and supply disruptions.
    [Show full text]