Last Update Time:
19-Mar-2025 14:28:24
ISIN:
INE559A01017
Sector:
Consumer Durables
Symbol:
IFBIND
IFB Industries Limited
₹1,153.60
₹16.95
(1.49%)
▲
Prev. Close
₹1,136.65
Open
₹1,139.95
Close
₹0.00
Range
₹1,095.92 - ₹1,211.28
High
₹1,178.40
Low
₹1,139.95
Ind. Close
₹0.00
VWAP
₹1,163.62
The current stock price of IFB Industries Limited is ₹1,153.60, with a target price range between ₹1,095.92 and ₹1,211.28. The stock has experienced a price change of ₹16.95 (1.49%), reflecting recent market volatility.
Today's opening price was ₹1,139.95, while the previous close stood at ₹1,136.65.
The market trend suggests an uptrend, making it an attractive investment opportunity for traders seeking short-term gains.
For real-time stock market updates, live share prices, and stock analysis, stay tuned. Understanding key stock metrics like VWAP, high-low range, and market momentum can help traders make informed investment decisions.
IFB Industries Limited Price Chart
IFB Industries Limited Pre Open Market Overview: 19-Mar-2025
Key Metrics:
- IEP (Indicative Equilibrium Price): 1139.95
- Previous Close Price: 1136.65
- Change: 3.30%
- Total Traded Volume: 23
- Total Buy Quantity: 4,043
- Total Sell Quantity: 1,363
| Price | Buy Qty | Sell Qty |
|---|---|---|
| 1,134.00 | 20.00 | 0.00 |
| 1,136.65 | 37.00 | 0.00 |
| 1,137.00 | 100.00 | 0.00 |
| 1,139.95 | 2.00 | 0.00 |
| 1,140.00 | 2,501.00 | 0.00 |
| 1,148.80 | 0.00 | 13.00 |
| 1,149.05 | 0.00 | 9.00 |
| 1,149.15 | 0.00 | 6.00 |
| 1,149.30 | 0.00 | 7.00 |
| 1,149.40 | 0.00 | 5.00 |
ATO Data:
- Buy Quantity (ATO): 0
- Sell Quantity (ATO): 0
Order Book
| Bid | Qty | Ask | Qty |
|---|---|---|---|
| 1,153.00 | 1 | 1,155.10 | 1 |
| 1,152.95 | 1 | 1,155.50 | 9 |
| 1,152.90 | 7 | 1,155.90 | 2 |
| 1,152.85 | 6 | 1,155.95 | 5 |
| 1,152.80 | 3 | 1,156.25 | 7 |
Total Buy Quantity: 4043
Total Sell Quantity: 1363
Shareholding Patterns of IFB Industries Limited
Key Trade Statistics of IFB Industries Limited
| Trade Information | Details |
|---|---|
| Traded Volume (Lakhs) | 0.57 |
| Traded Value (₹ Cr.) | 6.61 |
| Total Market Cap (₹ Cr.) | 4,674.25 |
| Free Float Market Cap (₹ Cr.) | 1,169.80 |
| Impact cost | 0.14 |
| Quantity Traded | 54,622.00 |
| Deliverable Quantity | 37,180.00 |
| % of Quantity to Traded | 68.07 |
| Security VaR | 21.87 |
| Index VaR | N/A |
| VaR Margin | 21.87 |
| Extreme Loss Rate | 3.5 |
| Adhoc Margin | N/A |
| Applicable Margin Rate | 25.37 |
| Face Value | 10 |
Key Price Statistics of IFB Industries Limited
The 52-week high for IFB Industries Limited was ₹2,359.90, recorded on 21-Oct-2024. On the other hand, the 52-week low stands at ₹1,014.00, with the lowest value recorded on 04-Jun-2024.
The upper band for trading is ₹1,363.95, and the lower band is ₹909.35. The price band is 20%.
The stock's daily volatility stands at 3.30, while the annualized volatility is 63.05. The tick size for trading is ₹0.05.
| Price Information | Details |
|---|---|
| 52 Week High (21-Oct-2024) | 2,359.90 |
| 52 Week Low (04-Jun-2024) | 1,014.00 |
| Upper Band | 1,363.95 |
| Lower Band | 909.35 |
| Price Band (%) | 20 |
| Daily Volatility | 3.30 |
| Annualised Volatility | 63.05 |
| Tick Size | 0.05 |
Key Securities Statistics of IFB Industries Limited
| Securities Information | Details |
|---|---|
| Status | Listed |
| Trading Status | Active |
| Date of Listing | 29-Mar-1995 |
| Adjusted P/E | 35.46 |
| Symbol P/E | 35.46 |
| Index | NIFTY TOTAL MARKET |
| Macro-Economic Sector | Consumer Discretionary |
| Sector | Consumer Durables |
| Industry | Consumer Durables |
| Basic Industry | Household Appliances |
Security Status of IFB Industries Limited
| Title | Details |
|---|---|
| Board Status | Main |
| Trading Segment | Normal Market |
| Session No. | - |
| Class of Shares | Equity |
| SDD Compliance | - |
| Name of Compliance Officer | - |
Announcements of IFB Industries Limited
| Subject | Date |
|---|---|
| Updates | 18-Mar-2025 |
| Copy of Newspaper Publication | 06-Mar-2025 |
| Analysts/Institutional Investor Meet/Con. Call Updates | 12-Feb-2025 |
| Analysts/Institutional Investor Meet/Con. Call Updates | 06-Feb-2025 |
| Analysts/Institutional Investor Meet/Con. Call Updates | 04-Feb-2025 |
| Analysts/Institutional Investor Meet/Con. Call Updates | 03-Feb-2025 |
| Investor Presentation | 01-Feb-2025 |
| Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent | 01-Feb-2025 |
Corporate Actions of IFB Industries Limited
| Face Value | Purpose | Ex-Date |
|---|---|---|
| 10 | Annual General Meeting | 22-Jul-2024 |
| 10 | Annual General Meeting | 24-Jul-2023 |
| 10 | Annual General Meeting | 20-Jul-2022 |
| 10 | Annual General Meeting | 29-Jul-2021 |
| 10 | Annual General Meeting | 27-Aug-2020 |
| 10 | Annual General Meeting | 18-Jul-2019 |
| 10 | Annual General Meeting | 19-Jul-2018 |
| 10 | Annual General Meeting | 20-Jul-2017 |
| 10 | Annual General Meeting | 14-Jul-2016 |
| 10 | Annual General Meeting | 23-Jul-2015 |
| 10 | Annual General Meeting | 22-Jul-2014 |
| 10 | Annual General Meeting | 22-Jul-2013 |
| 10 | Annual General Meeting | 23-Jul-2012 |
| 10 | Annual General Meeting | 25-Jul-2011 |
| 10 | Annual General Meeting | 26-Jul-2010 |
| 10 | Annual General Meeting | 20-Aug-2009 |
| 10 | Annual General Meeting | 31-Jul-2008 |
| 10 | Agm | 30-Aug-2007 |
| 10 | Agm | 24-Aug-2006 |
| 10 | Agm | 25-Aug-2005 |
Board Meetings of IFB Industries Limited
Financial Results of IFB Industries Limited
Company Directory of IFB Industries Limited
| Web Address | Office | Address | City |
|---|---|---|---|
| www. ifbindustries.com | Head Office/ Corporate Office | Plot No. IND-5, Sector - I East Calcutta Township | KOLKATA |
| www. ifbindustries.com | Registered Office | 14, Taratolla Road, kolkata | KOLKATA |
| www. ifbindustries.com | Transfer Agent | C.B. Management Services Pvt. Ltd. P-22, Bondel Road, | KOLKATA |
Insider Trading of IFB Industries Limited
| Reg. Clause | Acq./Disp. | Sec. Value | Txn Type |
|---|---|---|---|
| 7(2) | Mr. Jayanta Chanda | 1053250 | Sell |
| 7(2) | Mr. Jayanta Chanda | 3359000 | Sell |
| 7(2) | Mr. Jayanta Chanda | 3359000 | Sell |
| 7(2) | Rajshankar Ray | 9531126 | Sell |
| 7(2) | Preombada Nag | 0 | Buy |
| 7(2) | GOUTAM RAY CHOWDHURY | 3244504 | Sell |
| 7(2) | PRABIR CHATTERJEE | 9176269.1 | Sell |
Annual Reports of IFB Industries Limited
Investor Complaints of IFB Industries Limited
Event Calendar of IFB Industries Limited
| Purpose | Details |
|---|---|
| Others | To consider Budget for 2010-2011and other misc matters. |
| Results/Others | To consider and take on record the Audited Financial Results of the Company for the year ended March 31, 2010 along with Segment Report beside other matters. |
| Results/Others | To take on record the quarterly unaudited Financial Results of the Company for the quarter ended June 30, 2010 along with Segment Report beside other matters. |
| Results/Others | To take on record the Quarterly Unaudited Financial Results of the Company for the quarter ended September 30, 2010 along with Segment Report beside other matters. |
| Board meeting Rescheduled | The Company had informed the Exchange that the meeting of the Board of Directors of the Company is scheduled to be held on October 29, 2010, to take on record the Quarterly Unaudited Financial Results of the Company for the quarter ended September 30, 2010 along with Segment Report beside other matters. The Company has now informed the Exchange that Board Meeting has now been re-scheduled on November 06, 2010. |
| Results/Others | To take on record the Quarterly Unaudited Financial Results of the Company for the quarter ended December 31, 2010 along with Segment Report beside other matters. |
| Results/Others | To consider and take on record the Audited Financial Results of the Company for the year ended March 31, 2011 along with Segment Report beside other matters. |
| Results/Others | To take on record the Quarterly Unaudited Financial Results of the Company for the quarter ended June 30, 2011 along with Segment Report beside other matters. |
| Results/Others | To take on record the Quarterly Unaudited Financial Results of the Company for the quarter ended September 30, 2011 along with Segment Report beside other matters. |
| Issue of Securities | To consider Preferential issue of equity shares to promoters and other matters. |
| Results/Others | To take on record the Quarterly Unaudited Financial Results of the Company for the quarter ended December 31, 2011 along with Segment Report beside other matters. |
| Results/Others | To consider and take on record the Audited Financial Results of the Company for the year ended March 31, 2012 along with Segment Report beside other matters. |
| Results/Others | To take on record the Quarterly Unaudited Financial Results of the Company for the quarter ended June 30, 2012 along with Segment Report beside other matters. |
| Results/Others | To take on record the Quarterly Unaudited Financial Results of the Company for the quarter ended September 30, 2012 along with Segment Report beside other matters. |
| Results/Others | To take on record the Quarterly Unaudited Financial Results of the Company for the quarter ended December 31, 2012 along with Segment Report and also to consider delisting from Delhi Stock Exchange Limited & Calcutta Stock Exchange Ltd beside other matters. |
| Results/Others | To consider and take on record the Audited Financial Results of the Company for the year ended March 31, 2013 along with Segment Report beside other matters. |
| Results/Others | To take on record the Quarterly Unaudited Financial Results of the Company for the quarter ended September 30, 2013 along with Segment Report beside other matters. |
| Results/Others | To take on record the Quarterly Unaudited Financial Results of the Company for the quarter ended December 31, 2013 along with Segment Report beside other matters. |
| Results | To take on record the Audited Financial Results of the Company for the period ended March 31, 2014 along with Segment Report beside other matters. |
| Results | To take on record the Quarterly Unaudited Financial Results of the Company for the quarter ended June 30, 2014 along with Segment Report beside other matters. |
| Results | To take on record the Quarterly Unaudited Financial Results of the Company for the quarter ended September 30, 2014 along with Segment Report beside other matters. |
| Results | To take on record the Quarterly Unaudited Financial Results of the Company for quarter ended December 31, 2014 along with Segment Report beside other matters. |
| Results/Others | To take on record the Audited Financial Results of the Company for the period ended March 31, 2015 along with Segment Report beside other matters. |
| Results/Others | to take on record the quarterly unaudited financial result of the company for quarter ended June 30, 2015 and other matters. |
| Results/Others | To take on record the Quarterly Unaudited Financial Results of the Company for the quarter ended September 30, 2015 along with Segment Report beside other matters. |
| Results/Others | To consider and take on record the unaudited financial results of the Company for the quarter ended December 31, 2015 along with Segment Report beside other matters. |
| Results/Others | To consider and take on record the audited financial results of the Company for the quarter and year ended March 31, 2016 along with the segment report beside other matters. |
| Results | To consider and take on record the unaudited financial results of the Company for the quarter ended June 30, 2016 along with Segment Report beside other matters. |
| Results/Others | to consider and take on record the unaudited financial results of the Company for the quarter ended September 30, 2016 along with segment report beside other matters. |
| Results/Others | To consider and take on record the unaudited financial results of the Company for the quarter ended December 31, 2016 along with Segment Report beside other matters. |
| Results/Others | to consider and take on record the Audited Financial results of the Company for the quarter and year ended March 31, 2017 along with Segment report & Audited Consolidated Financial Results for the year ended March 31, 2017 and other matters. |
| Results/Others | To consider and take on record the unaudited financial results of the Company for the quarter ended June 30, 2017 along with Segment Report beside other matters. |
| Results | to consider and take on record the unaudited financial results of the Company for the quarter ended September 30, 2017 beside other matters. |
| Results/Others | To consider and take on record the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter ended December 31, 2017 beside other matters. |
| Financial Results/Other business matters | To consider and approve the financial results for the period ended March 31, 2018 and other business matters |
| Financial Results | To consider and approve the financial results for the period ended Jun 30, 2018 |
| Financial Results | IFBIND : 29-Oct-2018 : The Company had informed the Exchange that a Board meeting to be held on October 30, 2018 o consider and take on record the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter and half year ended September 30, 2018 beside other matter.. Further, the Company has informed the Exchange that the meeting of the Board of Directors of the Company has been rescheduled on October 29, 2018. |
| Financial Results/Other business matters | To consider and take on record the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter and half year ended September 30, 2018 beside other matter. |
| Financial Results | To consider and approve the financial results for the period ended December 31, 2018 |
| Financial Results/Other business matters | To consider and take on record the Audited Standalone and Consolidated Financial Results of the Company for the quarter and year ended March 31, 2019 beside other matters |
| Financial Results | Notice is hereby given pursuant to Regulations 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, a meeting of the Board of Directors of IFB Industries Limited will be held on Thursday, 25 July, 2019 at the Corporate Office of the Company at Plot No. IND-5, Sector -1 , East Kolkata Township, Kolkata - 700107 to consider and take on record the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter ended 30 June, 2019 beside other matter. |
| Financial Results | IFBIND : 02-Nov-2019 : The Company has informed the Exchange that a Board meeting to be held on August 30, 2019 has been re-scheduled. Further, the Company has informed the Exchange that the meeting of the Board of Directors of the Company will be held on November 02, 2019, To consider and approve the financial results for the period ended September 30, 2019We write in reference to our earlier letter dated 15 October, 2019. This is to inform that the meeting of the Board of Directors of IFB Industries Limited has been rescheduled on Saturday 2nd November, 2019. |
| Financial Results | To consider and approve the financial results for the period ended September 30, 2019 |
| Financial Results | To consider and approve the financial results for the period ended December 31, 2019 |
| Financial Results | IFBIND : 06-Jul-2020 : The Company has informed the Exchange that a Board meeting to be held on Jun 30, 2020 has been re-scheduled. Further, the Company has informed the Exchange that the meeting of the Board of Directors of the Company will be held on July 06, 2020, To consider and approve the financial results for the period ended March 31, 2020 |
| Financial Results | To consider and approve the financial results for the period ended March 31, 2020 |
| Financial Results | IFBIND : 06-Aug-2020 : The Company has informed the Exchange that a Board meeting to be held on July 30, 2020 has been re-scheduled. Further, the Company has informed the Exchange that the meeting of the Board of Directors of the Company will be held on August 06, 2020, To consider and approve the financial results for the period ended Jun 30, 2020We write in reference to our earlier letter dated 22 July, 2020. This is to inform that the meeting of the Board of Directors of IFB Industries Limited is rescheduled to be held on Thursday, 6th August, 2020 due to reasons like lockdown for Covid 19 Pandemic etc. The Agenda will remain same as intimated earlier. |
| Financial Results | To consider and approve the financial results for the period ended Jun 30, 2020 |
| Financial Results | The Company has informed the Exchange that a Board meeting to be held on August 06, 2020 has been re-scheduled. Further, the Company has informed the Exchange that the meeting of the Board of Directors of the Company will be held on August 06, 2020, To consider and approve the financial results for the period ended Jun 30, 2020 |
| Financial Results | IFBIND : 30-Oct-2020 : The Company has informed the Exchange that a Board meeting to be held on October 20, 2020 has been re-scheduled. Further, the Company has informed the Exchange that the meeting of the Board of Directors of the Company will be held on October 30, 2020, To consider and approve the financial results for the period ended September 30, 2020 |
| Financial Results | To consider and approve the financial results for the period ended September 30, 2020 |
| Other business matters | To consider other business matters |
| Financial Results | To consider and approve the financial results for the period ended December 31, 2020 |
| Financial Results | To consider and approve the financial results for the period ended March 31, 2021 |
| Financial Results | To consider and approve the financial results for the period ended Jun 30, 2021 |
| Financial Results | IFBIND : 07-Aug-2021 : The Company has informed the Exchange that a Board meeting to be held on July 30, 2021 has been re-scheduled. Further, the Company has informed the Exchange that the meeting of the Board of Directors of the Company will be held on August 07, 2021, To consider and approve the financial results for the period ended Jun 30, 2021 |
| Financial Results | To consider and approve the financial results for the period ended September 30, 2021 |
| Financial Results | To consider and approve the financial results for the period ended December 31, 2021 |
| Financial results | IFB Industries Limited has informed the Exchange about Board Meeting to be held on 28-May-2022 to consider financial statements for the period ended March 2022 |
| Financial results | IFB Industries Limited has informed the Exchange about Board Meeting to be held on 28-Jul-2022 to consider financial statements for the period ended June 2022 |
| Financial results | IFB Industries Limited has informed the Exchange about Board Meeting to be held on 28-Oct-2022 to consider financial statements for the period ended September 2022 |
| Financial Results | To consider and approve the financial results for the period ended December 31, 2022 |
| Financial Results | To consider and approve the financial results for the period ended March 31, 2023 |
| Financial Results | To consider and approve the financial results for the period ended Jun 30, 2023 |
| Financial Results | To consider and approve the financial results for the period ended September 30, 2023 |
| Financial Results | IFBIND : 02-Nov-2023 : The Company has informed the Exchange that a Board meeting to be held on October 30, 2023 has been re-scheduled. Further, the Company has informed the Exchange that the meeting of the Board of Directors of the Company will be held on November 02, 2023, To consider and approve the financial results for the period ended September 30, 2023 |
| Financial Results | IFBIND : 02-Nov-2023 : The Company has informed the Exchange that a Board meeting to be held on October 30, 2023 has been re-scheduled. Further, the Company has informed the Exchange that the meeting of the Board of Directors of the Company will be held on November 02, 2023, To consider and approve the financial results for the period ended September 30, 2023 |
| Financial Results | To consider and approve the financial results for the period ended December 31, 2023 |
| Financial Results | To consider and approve the financial results for the period ended March 31, 2024 |
| Financial Results | IFBIND : 28-May-2024 : The Company has informed the Exchange that a Board meeting to be held on May 27, 2024 has been re-scheduled. Further, the Company has informed the Exchange that the meeting of the Board of Directors of the Company will be held on May 28, 2024, To consider and approve the financial results for the period ended March 31, 2024 |
| Financial Results | To consider and approve the financial results for the period ended September 30, 2024 |
| Financial Results | To consider and approve the financial results for the period ended December 31, 2024 |
Share Transfers of IFB Industries Limited
Voting Results of IFB Industries Limited
| Date of Mtg. | Mtg. Type | Resolution |
|---|---|---|
| 22-JAN-2025 | Postal Ballot | Appointement of Mr. Collegal Srinivasan Govindaraj as Executive Director - Manufacturing (HAD) for a period of 3 years from 26th October, 2024. |
| 22-JAN-2025 | Postal Ballot | Appointement of Mr. Collegal Srinivasan Govindaraj as Executive Director - Manufacturing (HAD) for a period of 3 years from 26th October, 2024. |
| 29-JUL-2024 | AGM | To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the year ended March 31,2024, including the audited Balance Sheet as at March 31, 2024, the statement of Profit and Loss for the year ended on that date and the reports of the Board of Directors and Auditors￢ﾀﾙ thereon. |
| 29-JUL-2024 | AGM | To ratify the remuneration of M/s Shome & Banerjee, Cost Accountants (Firm Registration Number -000001) as Cost Auditor of the Company, appointed to conduct the audit of the cost records maintained by the Company for the Financial Year ending March 31, 2025. |
| 29-JUL-2024 | AGM | To appoint M/s Price Waterhouse & Co Chartered Accountants LLP, Chartered Accountants, having Firm Registration No. 304026E/E-300009 as Statutory Auditors of the for a period of 5 consecutive years from the conclusion of the 48th Annual General Meeting till the conclusion of the 53rd Annual General Meeting. |
| 29-JUL-2024 | AGM | To appoint a Director in place of Mr. Sudip Banerjee (DIN: 05245757), who retires by rotation and being eligible, offers himself for re-appointment as a Director. |
| 29-JUL-2024 | AGM | To appoint a Director in place of Mr. Rajshankar Ray (DIN: 03498696), who retires by rotation and being eligible, offers himself for re-appointment as a Director. |
| 29-JUL-2024 | AGM | To receive, consider and adopt Audited Consolidated Financial Statements of the Company for the year ended March 31, 2024 and the Report of the Auditors thereon. |
| 27-APR-2024 | Postal Ballot | APPROVAL OF REDESIGNATION AND APPOINTMENT OF MR. BIKRAMJIT NAG AS THE CHAIRMAN OF THE COMPANY |
| 11-FEB-2024 | Postal Ballot | To approve the appointment of Mr. Panamanna Hariharan Narayanan (DIN: 10158148), as Managing Director -Engineering Division of the Company for a period of three years with effect from 23.11.2023 |
| 31-JUL-2023 | AGM | To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the year ended 31st March, 2023, the Statement of Profit and Loss for the year ended on that date and the report of the Board of Directors and Auditors thereon. |
| 31-JUL-2023 | AGM | Ratification of the Remuneration payable during the year 2023-24 to M/s. Shome & Banerjee, Cost Accountants, appointed by the Board of Directors of the Company to conduct the audit of cost records of the Company |
| 31-JUL-2023 | AGM | To approve waiver of recovery of the excess managerial remuneration paid to Mr. Amar Singh Negi (DIN: 08941850), Executive Director and Service Business Head of the Company |
| 31-JUL-2023 | AGM | To approve waiver of recovery of the excess managerial remuneration paid to Mr. Rajshankar Ray (DIN: 03498696), Managing Director and CEO of Appliance Division of the Company. |
| 31-JUL-2023 | AGM | To approve waiver of recovery of the excess managerial remuneration paid to Mr. Bￂon Bhushan Nag (DIN: 00756995), Executive Chairman of the Company |
| 31-JUL-2023 | AGM | To appoint a director in place of Mr. Prabir Chatterjee (DIN 02662511) , who retires by rotation and being eligible offers himself for re-appointment as Director. |
| 31-JUL-2023 | AGM | To appoint a director in place of Mr. Amar Singh Negi (DIN 8941850) , who retires by rotation and being eligible offers himself for re-appointment as Director. |
| 31-JUL-2023 | AGM | To receive, consider and adopt Audited Consolidated Financial Statements for the year ended 31st March, 2023 and the Report of the Auditors thereon. |
| 07-DEC-2022 | Postal Ballot | ￢ﾀﾜRESOLVED THAT pursuant to provisions of Sections 196, 197, 198, 203 and other applicable provisions, if any, of the Companies Act, 2013 (￢ﾀﾜThe Act￢ﾀﾝ) read with Schedule V to the Act and the Companies (Appointment and Remunerations of Managerial Personnel) Rules, 2014 (including any statutory modification(s) or re-enactment(s) thereof, for the time being in force), consent of the Company be and is hereby accorded for re-appointment of Mr. Bikramjit Nag (DIN: 00827155 ), as Joint Executive Chairman and Managing Director of the Company for a further period of 5 (Five ) years, with effect from 01.11.2022, on the terms and conditions including remuneration as set out in explanatory statement attached hereto and forming part of this resolution notwithstanding that the remuneration may exceed the limits prescribed in the provisions of Sections 197, 198 and Schedule V to the Companies Act, 2013 in case of no profits / inadequate profits during any financial year / period in between.￢ﾀﾝn￢ﾀﾜRESOLVED FURTHER THAT notwithstanding anything contained in Sections 197, 198 and Schedule V of the Companies Act, 2013 or any amendments / re-enactment thereof or any revised/ new schedule thereof, in the event of absence of profits or inadequate profits in any financial year, the salary, perquisites and statutory benefits as set out in the explanatory statement forming part of this resolution be paid as minimum remuneration to Mr. Bikramjit Nag, Joint Executive Chairman and Managing Director of the Company even if it exceeds the various stipulated limits of the various provisions of the Companies Act, 2013 or the rules related thereto during any financial year / period in between.￢ﾀﾝn￢ﾀﾜRESOLVED FURTHER THAT the Board (the term ￢ﾀﾜ Board￢ﾀﾝ includes Board of Directors of Company and the Nomination and Remuneration Committee) be and is hereby authorized to vary and / or modify the terms and conditions including remuneration, benefits and perquisites payable / made available to the appointee in such manner as may be agreed upon between the board and the appointee.￢ﾀﾝn￢ﾀﾜRESOLVED FURTHER THAT the board be and is hereby authorized to do all acts, deeds and things and execute all such documents, instruments and writings, as may be required and to delegate all or any of its powers herein conferred to any committee of directors or to any director or to any employee of the Company to give effect to the aforesaid resolutions.￢ﾀﾝn |
| 29-JUL-2022 | AGM | To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial yearnended March 31, 2022, including the audited Balance Sheet as at March 31, 2022, the statement of Profit and Loss fornthe year ended on that date and the reports of the Board of Directors and Auditors thereon. |
FAQs on IFB Industries Limited
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