ASIANELEC

Parijatha Business Solutions Pvt Ltd has informed the Exchange that 20,00,000 equity shares of the face value of Rs. 5 each of Asian Electronics Ltd, has been credited to the demat account of the Company (Parijatha Business Solution Private Limited (PBSPL), a company incorporated in India under the Companies Act, 1956 (no 1 of 1956), acting in its capacity as Receiver of Hon'ble Debt Recovery Tribunal-Il, Mumbai (DRT) on March 10, 2014 pursuant to order dated February 11, 2014 passed by DRT. These shares are held by PBSPL on behalf of DRT and would be dealt with by PBSPL as per the directions

Asian Electronics Limited has informed the Exchange vide letter dated June 28, 2013 regarding "Reconstitution of the Audit Committee of the Board of Directors".

Asian Electronics Limited has informed the Exchange vide letter dated January 03, 2013, regarding "Intimation about grant of Options to eligible Directors/Employees of the Company under ESOS 2009".

Asian Electronics Limited has informed the Exchange regarding the Revised Outcome of Board Meeting held on October 17, 2012.

Asian Electronics Limited has informed the Exchange that the Company had applied to Registrar of Companies, Maharashtra, Mumbai for extension of time for holding Annual General Meeting of the Company for the financial year ended on March 31, 2012 for the various reasons including High Court order for sealing of computers of the Company and re-stating of assets, liabilities and profits in material way in view of the approval of CDR Package. The Registrar of Companies has vide their letter dt. September 7, 2012 has granted extension of 3 months up to December 31, 2012 for holding the Annual Gene

Asian Electronics Limited has informed the Exchange that one of the bankers viz. IDBI Bank Ltd. (IDBI), have withdrawn the nomination of their nominee on the Board of Directors of the Company with effect from June 28, 2011. The said withdrawal of nomination was conveyed by IDBI to the Company vide its Letter No. SS-CB. 53/430/Nom.8 dated June 28, 2011.

Asian Electronics Limited has informed the Exchange that Mr. S. Neelakanta Iyer, President - Manufacturing Operations has been promoted to the position of Executive Director & Jt. Chief Executive Officer (Manufacturing Operations) with effect from June 01, 2011. Similarly, Mr. Rajesh Mehta, President - Research & Development, has been promoted to the position of Executive Director & Jt. Chief Executive Officer (Technology & Finance) with effect from June 01, 2011.

Asian Electronics Ltd has informed the Exchange with reference to the earlier annoucement dated December 01, 2009 regarding the outcome of the Board Meeting held on December 01, 2009 regarding approval of the Rights Issue as well as allotment of Shares to an investor M/s. Ritika Gems Pvt. Ltd. pursuant to exercise of option to convert the Share Warrants into Equity Shares. The Company has now informed the Exchange that there was a typographical error in mentioning the number of Shares to be issued as Rights Shares. The correct figure is "1,53,59,139" and not "1,49,42,472".

Asian Electronics Ltd had informed the Exchange regarding the change in the Management of the Company with effect from 5th November, 2008, subject to approval of the shareholders and subsequently about the outcome of the Extraordinary General Meeting regarding change in the Management of the Company. The Company has now informed the Exchange that "Accordingly, the change in control from the Management Team headed by Mr.Suresh H. Shah, Chairman & Managing Director to the new Management Team headed by Mr.Arun B. Shah has been approved. Now we have been informed by the Promoter/s and Promoter Gro

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 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".