ASIANELEC

Asian Electronics Ltd has submitted to the Exchange a copy of the Minutes of the Annual General Meeting of the Members of the Company held on November 29, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/ASIANELEC_AGM_01012009.zip target=NEW> For more details click here.</a>

Asian Electronics Ltd had informed the Exchange that the Board has decided to call an Extraordinary General Meeting of the Shareholders of the Company on January 05, 2009. The Company has now informed the Exchange that subsequently it has become necessary to reconsider the procedural aspects and various legal issues in the said matters as discussed earlier and decide the revised date for holding the Extraordinary General Meeting instead of January 05, 2009 as intimated earlier. However, the proposed meeting of the Board of Directors could not be held to consider the said matters on account of

Asian Electronics Ltd has informed the Exchange that the auditor's have conducted the limited review of the Unaudited financial results for the quarter ended September 30, 2008. A copy of the Limited Review Report, the statement of Unaudited Financial Results for the quarter ended September 30, 2008 with variations and the notes thereon and a copy of the extract from the minutes of the meeting of the Board of Directors held on December 04, 2008 explaining the variations in the unaudited Financial Results same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > L

Asian Electronics Ltd has informed the Exchange that the auditor's have conducted the limited review of the Unaudited financial results for the quarter ended June 30, 2008. A copy of the Limited Review Report, the statement of Unaudited Financial Results for the quarter ended June 30, 2008 with variations and the notes thereon and a copy of the extract from the minutes of the meeting of the Board of Directors held on December 04, 2008 explaining the variations in the unaudited Financial Resutls same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Anno

Asian Electronics Ltd has informed the Exchange that: "The Board of Asian Electronics Limited ("Company") met on November 26, 2008 inter alia, discussed and approved the following: (1) The issuance of a postal ballot notice for change in management, in terms of Regulation 12 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997, the Companies Act, 1956, the rules made thereunder and other applicable law, regulations, guidelines, circulars and the like. (2) Subject to the Securities and Exchange Board of India (Employee Stock Option Sc

Asian Electronics Ltd has informed the Exchange that the Board of Directors at its adjourned meeting held on November 05, 2008 has reconstituted various Committees of the Board of Directors as stated hereunder : 1) Audit Committee; 2) Shareholder�s / Investors' Grievances Committee; 3) Compensation Committee. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/asian_updates_07112008.zip target=NEW> For more details click here.</a>

Asian Electronics Ltd had informed the Exchange regarding the outcome of Board Meeting held on November 05, 2008. The Company has now informed the Exchange that "Further to our communication dated November 05, 2008, we wish to clarify the following: (1) There has been no change in the shareholding of Mr. Suresh H. Shah and Mr. Arun B. Shah, pursuant to offer of Mr. Arun B. Shah to take over the active day to day management of the Company, or otherwise. The promoter of the Company or persons acting in concert with them have not sold or transferred any shares of the Company to Mr. Arun B. Shah o

Asian Electronics Ltd has informed the Exchange that: "The Board of Asian Electronics Limited ("Company") met on November 04, 2008 and November 05, 2008 (due to the adjournment of the meeting on November 04, 2008) and discussed and approved the following: (1) Appointment of Mr. Haresh Desai as Additional Director to hold office till the forthcoming Annual General Meeting of the Company. Mr. Desai is a Chartered Accountant by profession and partner of A.V. Rajwade & co., noted Forex and Risk Management Consultants. He shall be an independent Director of the Company. (2) Appointment of Mr. Suhas

Asian Electronics Ltd has informed the Exchange that the Board of Directors of the company at its meeting held on October 25, 2008 has not recommended any dividend on Equity Shares for the year ended March 31, 2008.

Asian Electronics Ltd has informed the Exchange that the Company has announced Book Closure from November 24, 2008 to November 29, 2008 (both days inclusive) for the purpose of Annual General Meeting to be held on November 29, 2008.

Asian Electronics Ltd has informed the Exchange that the Registrar of Companies (ROC), Mumbai, Maharashtra vide their letter dt. September 24, 2008 has granted 2 months extention i.e uptil November 30, 2008 to hold the next Annual General Meeting of the Company under the provisio to Section 166(1) of the Companies Act, 1956.

Asian Electronics Ltd has informed the Exchange that: "In view of certain circumstances with regard to the business activities of the Company in the field of Energy Segment, the Company's Board had constituted a Committee of Directors to go into various related issues. The said Committee has submitted their findings and opinion for consideration of the Board. The Board has carefully considered the opinion and the recommendations given by the Committee. The Board is of the opinion that the events, which happened subsequent to the closure of the year, are likely to have affect on the Balance she

Asian Electronics Ltd has informed the Exchange that "The Board of Directors at its meeting held on 29th May, 2008 has approved disposal of investment of its 49% stake in the share capital of its Joint Venture Company abroad called STS PCB Limited, Ireland."

Asian Electronics Ltd has informed the Exchange that "Winding up petition filed by Global Trade Finance (Petitioner) against Asian Electronics Ltd.(Respondent) in Mumbai High Court has been dismissed by Hon'ble justice S.C. Dharmadhikari, vide Order dt. 2nd May 2008".

Asian Electronics Ltd has informed the Exchange that : "The Board of Directors of the Company has accepted on 30.04.2008 resignation of Mr. Richard B. Saldanha as Director of the Company w.e.f. 6.3.2008".

Asian Electronics Ltd has informed the Exchange that: "We propose to file with you and publish Audited Results for the year ended 31st March, 2008 on or before 30th June, 2008 i.e. within three months of the close of the Accounting year".

Asian Electronics Ltd has submitted to the Exchange the clarifications regarding a news item / ticker appeared in electronic media. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Asain_News_19032008.zip target=NEW> For more details click here.</a>

Asian Electronics Ltd has informed the Exchange that the auditor's have conducted the limited review of the Unaudited financial results for the quarter ended December 31, 2007. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/asianelec_LR_03032008.zip target=NEW> For more details click here.</a>

Asian Electronics Ltd has informed the Exchange that "The Shareholders of the Company at Extra-ordinary General Meeting held on 21st February, 2008 have passed Special Resolution pursuant to Section 81 (1A) and all other applicable provisions of the Companies Act, 1956 for raising of funds not exceeding Rs.300 crores in the form of equity/debt by means of issuance of equity/convertible debt or non-convertible instruments such as equity share, preferential equity, GDR, ADRs, Optionally fully convertible instruments, FCCB, QIP and/or any other instrument or combination of any similar instruments

Asian Electronics Ltd has submitted to the Exchange a copy of the notice of the Extraordinary General Meeting of the members of the Company scheduled to be held on February 21, 2008. The copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/asianelec_NOTEGM_20022008.zip target=NEW> For more details click here.</a>

Asian Electronics Ltd has informed the Exchange that: "The Board of Directors of the company at its meeting held on Wednesday the 2nd January, 2008 has Decided to : To raise funds upto Rs.300 crs. in the form of equity / debt by means of issuance of equity/convertible debt or non convertible instruments such as equity share, preferential equity, GDR, ADRs, Optionally fully convertible instruments, FCCB, QIP and/or any other instruments or combination of any similar instruments as may be advised by the merchant bankers and in compliance of guidelines issued in this regard by SEBI and provision

Asian Electronics Ltd has informed the Exchange regarding a Note on information about minor accident that took place at Thane. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/AsianElectronics_ANN_17122007.zip target=NEW> For more details click here.</a>

Asian Electronics Ltd has informed the Exchange that the auditors have conducted the limited review of the unaudited financial results for the quarter ended September 30, 2007. The copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Asianelec_LR_11122007.zip target=NEW> For more details click here.</a>

Asian Electronics Ltd has informed the Exchange that "The Board of Directors at its meeting held on 6th December, 2007 has decided to constitute �Corporate Development and Growth Committee� to guide and oversee the development and growth of the Company�s various business segments. The Corporate Development and Growth Committee consists of the following Directors: 1) Mr. Richard B. Saldanha 2) Mr. Sushil Kumar Jiwarajka 3) Mr.Arun Shah The members of the said Committee will appoint one of them as Chairman of the Committee and also appoint Secretary to the Committee."

Asian Electronics Ltd has submitted to the Exchange a copy of the minutes of the Annual General Meeting of the Members of the company held on September 27, 2007. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/AsianElectronics_AGMProceedings.zip target=NEW> For more details click here.</a>

Asian Electronics Ltd has informed the Exchange regarding the outcome of the Annual General Meeting of the company held on September 27, 2007. The details of the business transacted at the Annual General Meeting shall be available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/AsianElec_AGM_01112007.zip target=NEW> For more details click here.</a>

Asian Electronics Ltd has informed the Exchange that the Record Date for the purpose of Sub-division of each of the equity shares of face value of Rs.10/- into 2 (Two) equity shares of the face value of Rs.5/- each, will be October 29, 2007. Further, the company has submitted to the Exchange a copy of the Special Resolution passed at the Annual General Meeting of the Members of the Company held on September 27, 2007. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcem

Asian Electronics Ltd has informed the Exchange that: "1) The Board of Directors at its Meeting held on 27th September, 2007 has approved the Employees' Stock Option Scheme 2007 (ESOP-2007). As per the said Scheme, the number of Shares to be issued will be as per SEBI and other related guidelines, however, subject to a condition that it will not exceed 15,00,000 (fifteen lacs) Shares of Rs. 10/- each or its equivalent in accordance with SEBI guidelines, at a price to be fixed subject to approval of shareholders and such other approvals as may be necessary.2) The Board has also decided to conv

Asian Electronics Ltd has informed the Exchange vide its letter dated September 26, 2007 that "We understand that there was a news item on NDTV television channel yesterday in relation to the agreement between our Company and Hindustan Petroleum Corporation Limited ("HPCL") which was executed on 6th September, 2007 (the "Agreement"). Please note that we have not, directly or indirectly, made any announcement or cause any announcement in any media, in respect of the Agreement or the status of the Agreement since the Agreement executed with HPCL had a confidentiality covenant. For the sake of cl

Asian Electronics Ltd has informed the Exchange that the auditors have conducted the limited review of the unaudited financial results for the quarter ended June 30, 2007. The copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/AsianElec_LR1_17082007.zip target=NEW> For more details click here.</a>

Asian Electronics Ltd had informed the Exchange regarding the Swap Ratio announced by the Board of Directors at its meeting held on August 10, 2007, with respect to the amalgamation / merger of Green Hydrocarbons India Pvt. Ltd. with the Company and the Operations Division of U.S. Instruments Pvt. Ltd. with the Company. The Company has now informed the Exchange that the number of Equity Shares to be subscribed by the promoters and associates of Green Hydrocarbons India Pvt. Ltd. and U.S. Instruments Pvt. Ltd. has been wrongly mentioned as 2,00,00,000 instead of 20,00,000. This is a typographic

Asian Electronics Ltd had informed the Exchange regarding approval of amalgamation / merger of Green Hydrocarbons India Pvt. Ltd. with the Company and the Operations Division of U.S. Instruments Pvt. Ltd. with the Company and had appointed M/s. Thingna & Contractor, Chartered Accountant, as valuers to determine the Swap Ratio. Now, the Company has informed the Exchange that "The Board of Directors at its meeting held on 10th August, 2007 are pleased to announce the Swap Ratio as follows: a) For every 1 equity Share of Re. 1/- each of Green Hydrocarbons India Pvt. Ltd., the shareholders of Gree

Asian Electronics Ltd has informed the Exchange that: "(1) At the Board Meeting held on 30th July, 2007, Mr. Richard B. Saldanha has been appointed as an Additional Director on the Board of Directors of the Company with effect from 30th July 2007. (2) At the said Board Meeting, Mr. Sushil Kumar Jiwarajka has also been appointed as an Additional Director on the Board of Directors of the Company with effect from 30th July, 2007".

Asian Electronics Ltd has informed the Exchange on July 05, 2007 that: "1) The Company has received:- (a) Rs.9660 lacs from the proceeds of preferential allotment of Equity Shares to the Qualified Institutional Buyers, under QIP. (b) Rs.1231.20 lacs from the issue of 5,70,000 Equity Share Warrants converted into equivalent number of Equity Shares. (c) Rs.735.25 lacs on allotment of 4,25,000 Equity Shares to the Trustees of Asian Electronics Ltd. Employees' Welfare Trust under ESOP Scheme, 2005. 2) The proceeds aggregating to Rs.11,626.45 lacs received from the above issues have been utilised

Asian Electronics Ltd has informed the Exchange that the Company has announced Book Closure from September 18, 2007 to September 27, 2007 (both days inclusive) for the purpose of Annual General Meeting and payment of Dividend @ 45%. Further, the Annual General Meeting of the Company is scheduled to be held on September 27, 2007.

Asian Electronics Ltd has informed the Exchange regarding a press release dated July 05, 2007, titled "Asian Electronics net at Rs666 million, up 165 % yoy; Turnover of Rs 3,675 million up 135% on buoyant growth. A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/AsianElec_PR_05072007.zip target=NEW> For more details click here.</a>

Asian Electronics Ltd has informed the Exchange that 1) The Board of Directors, at their meeting held on July 05, 2007, has approved the takeover of Green Hydrocarbons India Pvt. Ltd. engaged in the business of "waste to energy" and Operation Division of U.S. Instruments Pvt. Ltd. under a Scheme of Arrangement pursuant to Section 391 to 394 of the Companies Act, 1956. The Board has appointed M/s. Thingna & Contractor, Chartered Accountants as the valuers to determine the swap ratio for amalgamation. The Board has also appointed Mott MacDonald as the technical expert for the purpose of assistin

Asian Electronics Ltd has informed the Exchange that the Board, at its meeting held on July 05, 2007 has approved sub-division of its Equity Share of Rs.10/- each into 2 Shares of Rs.5/- each.

Asian Electronics Ltd has informed the Exchange that the Board of Directors of the Company at its Meeting held on July 05, 2007 has recommended a dividend @ 45% on Equity Shares for the year ended March 31, 2007, subject to approval by the Shareholders of the Company.

Asian Electronics Ltd has informed the Exchange that "At the Meeting of the Board of Directors held on 14th June, 2007: (1) Mr. Ashok Sharma, Executive Director of the Company has resigned as a Director as well as Executive Director (Marketing) with effect from 15th June, 2007 and he has been re-designated as Chief Executive Officer of Lighting Division for India of the Company with effect from 15th June, 2007. (2) Mr. V. Rajagopal, Executive Director of the Company has resigned as the Director as well as Executive Director with effect from 15th June, 2007 and he has been re-designated as Chie

Asian Electronics Ltd has informed the Exchange regarding details of acquisition in terms of Regulation 7(3). The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/asianele_reg_220507.zip target=NEW> For more details click here.</a>

The Company shall publish Audited Financial Results within a period of 3 month for the year ended on March 31, 2007 i.e. on or before June 30, 2007.

Asian Electronics Ltd has informed the Exchange that "The Company has decided to invest in two Joint Ventures as per details given below : (1) The Company has formed a Joint Venture Company, viz. "Asian Retail Lighting Ltd." for lighting solutions for retail industry with Home Solution Retail India Ltd. (HSRIL) (part of the Future Group), as joint promoters. Core competence of the promoters in their respective fields and pooling of their resources is excepted to provide greater synergy to the Joint Venture towards higher growth in the Retail Sector. (2) The Company has formed another Joint Ven

Asian Electronics Ltd had informed the Exchange that at the meeting held on June 29, 2005, the scheme of arrangement between Asian Raymold Lighting Pvt. Ltd. and Asian Electronics Ltd. relating to the takeover of its lighting division undertaking has been approved subject to necessary sanction of the High Court. The company has now informed the Exchange that: "The Scheme of Arrangement between Asian Raymold Lighting Pvt. Ltd. and Asian Electronics Ltd. relating to the takeover of its Lighting Division undertaking has been approved by both, High Court of judicature at Bombay and High Court of j

Asian Electronics Ltd has informed the Exchange that "The Scheme of Arrangement for takeover of lighting division of Asian Raymold Lighting Pvt. Ltd. (ARLPL) as going concern w.e.f. 1-4-2005 by Asian Electronics Limited has been approved by the Board of Directors of both the Companies subject to all requisite approvals".

Asian Electronics Ltd has informed the Exchange that "The Board of Directors at its meeting held on 24th January, 2007 has approved a proposal for investment in a company abroad called STS PCB Limited, Ireland, which will give 49% stake in the Share Capital of the said Joint Venture. The above company was established in Ireland in the year 2003 and presently engaged in manufacture of Electronic Manufacturing Services (EMS) by technocrat promoters".

Asian Electronics Ltd has informed the Exchange that "on 4th January, 2007, the Directors of the Company have approved the allotment of 19,05,000 Equity Shares of Rs. 10/- each arising out of conversion of 19,05,000 Fully convertible Debentures (FCDs) at a price of Rs. 240/- per Share (including premium of Rs. 230/- per Equity Share) on preferential basis."

News Verification : The media had reports that Asian Electronics Ltd may go in for buy back of its shares. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Asian Electronics Ltd has vide its letter inter-alia stated, "In this connection, we have to inform you that we have not released any such information about 'buy back of the Shares by month end' in any of the newspapers".

Asian Electronics Ltd has submitted to the Exchange a copy of the Minutes of the Annual General Meeting of the Members of the Company held on December 23,2006. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/AsianEl_AGM_03012007.zip target=NEW> For more details click here.</a>

Asian Electronics Ltd has informed the Exchange regarding a press release to be released by the Company for the information of shareholders, investors and public at large. This is in line with the Company's policy to achieve higher level of Corporate Governance and Disclosure Standards. The details of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Asian_Press_271206.zip target=NEW> For more details click here.</a>