Company Structures

India Nippon Electricals Ltd was incorporated in the year 1984 and became joint venture between Lucas Indian Service Ltd, Chennai (Tamilnadu, India) and Kokusan Denki Co. Ltd, Japan for the purpose of manufacture and sale of products mainly for the two and three wheeler industry.

In the year 1986 the company made its initial public offer of equity with a shareholding pattern as below:

Companies No. of Shares Rs.Lacs
Lucas Indian Service Ltd 4,00,000 40.00
Kokusan Denki Co. Ltd 2,50,000 25.00
Balasubramanyam 1,25,000 12.50
Harita 50,000 5.00
Public 4,95,000 49.50
Total 13,20,000 132.00

The shares of the company were listed initially with Madras Stock Exchange (MSE). In order to help the general public to transact business, the company’s shares were listed at National Stock Exchange (NSE) in the year 1997 and subsequently at Bombay Stock Exchange (BSE) in the year 1999. The facility of business transactions in the equity of the company still continues at all the three stock exchanges.

Shares

1) Issue of Bonus Shares

The company issued Bonus Shares as below:

Month & Year Basis
November 1993 1 bonus equity share for 2 equity shares held
March 1999 8 bonus equity shares for 5 equity shares held
December 2002 7 bonus equity shares for 10 equity shares held
September 2011 2 bonus equity shares for every 5 equity shares held

The paid up share capital as of date is Rs.1131.07 lacs

2) Buy-back of Shares

The company bought back 3,95,600 Nos of equity shares in Jul’01 at Rs.230 per share.

Evolution of Capital of India Nippon Electricals Limited

Ratio No. of shares Face value Rs.
I.P.O. 13,20,000 1,32,00,000
Bonus issue in March 1993 1:2 6,60,000 66,00,000
Bonus issue in March 1999 8:5 31,68,000 3,16,80,000
Buy-back in Jul 2001 395600 equity shares @ Rs.230 per share (3,95,600) (39,56,000)
Bonus issue in December 2002 7:10 33,26,680 3,32,66,800
Bonus issue in September 2011 2:5 32,31,632 3,23,16,320
Total 1,13,10,712 11,31,07,120
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Board Of Directors

Mr T.K.Balaji

Chairman

Mr Arvind Balaji

Managing Director

Mr T.Momose (*)

Director

Mr K.Seshadri

Director

Mr K.G.Raghavan

Director

Mr V.Balaraman

Director

Mr G.Chidambar

Director

Mr R Vijayaraghavan

Director

Dr. (Mrs) Jayshree Suresh

Director

Mr Mukesh Kumar Somani (*)

Director

Composition of Committee of Board

Audit Committee
Name Position Status
Mr. K G Raghavan Chairman Independent Director
Mr. K Seshadri Member Non-Executive
Mr. V Balaraman Member Independent Director
Mr. R Vijayaraghavan Member Independent Director
Mr. G Chidambar Member Independent Director
Stakeholders Relationship Committee
Name Position Status
Mr. T K Balaji Chairman Non-Executive
Mr. K Seshadri Member Non-Executive Director
Mr. G Chidambar Member Independent Director
Nomination & Remuneration Committee
Name Position Status
Mr. V Balaraman Chairman Independent Director
Mr. T K Balaji Member Non-Executive
Mr. R Vijayaraghavan Member Independent Director
CSR Committee
Name Position Status
Mr. G Chidambar Chairman Independent Director
Mr. Arvind Balaji Member Managing Director
Mrs. Jayshree Suresh Member Independent Director

Corporate Identification Number

Corporate Identification Number CIN L31901TN1984PLC011021

RESULTS

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Performance

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Investor Information

Compliance Officer

Mr S Sampath

Company Secretary
Tele No: 28110063/74
Fax No:28115624
Mail: investorscomplaints@inel.co.in

Share Transfer Department

Mr K Raman – Manager (Shares)

M/s Sundaram Clayton Ltd
Unit: India Nippon Electricals Ltd
I Floor, No.29, Haddows Road,
Chennai – 600 006
Tele No: 91-44-28272233/28337700/28284959
Fax No:91-44-28257121
Mail: kr.raman@scl.co.in, investorscomplaintssta@scl.co.in

Investor Complaints

Compliance Officer

Mr S Sampath

Company Secretary
Tele No: 28110063/74
Fax No:28115624
Mail: inelcorp@inel.co.in

Share Transfer Department

Mr K Raman – Manager (Shares)

M/s Sundaram Clayton Ltd
Chennai – 600 006
Tele No: 91-44-28272233/28337700/28284959
Fax No:91-44-28257121
Mail: investorscomplaintssta@scl.co.in

SHAREHOLDING PATTERN

QUARTER WISE DETAILS

CORPORATE GOVERNANCE – COMPLIANCE

QUARTER WISE DETAILS

ANNUAL REPORT

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AGM Notice

Period

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