KITPLYIND

Kitply Industries Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on November 08,2013 has formed of a opinion that the Company has become a sick company as for the provision of Sick Industrial Companies (Special Provisions) Act, 1985 in respect of the duly audited Annual Accounts of the company for the financial year ended March 31, 2013 and the Board is making a reference to the board for Industrial and Financial Reconstruction (BIFR) for the same.

Kitply Industries Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on May 30, 2013 transacted the following business: 1) Approved 'Suspension of work' at Rampur unit with effect from June 01, 2013. 2)Shri. Pawan Kumar Goenka, Chairman & Mg.Director, has been additionally designated as Compliance Officer. 3) Shri. Suresh Lakkar, Chief Accountant of the Company has been appointed as Officiating CFO With effect from May 30, 2013.

Kitply Industries Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 30, 2012 has transacted the following business : (1) Shri. Gaurav Goenka, whole-time Director of the Company has been appointment as Officiating CFO with effect from May 30, 2012; (2) The Board also noted that the reference filed by the Company with the Hon'ble Board for Industrial and Financial Reconstruction (BIFR) has been registered.

Kitply Industries Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on February 01, 2012 has decided interalia to file the reference before the Hon'ble Board for Industrial and Financial Reconstruction (BIFR) under the provisions of Sick Industrial Companies (Special Provisions) Act, 1985 (SICA).

Kitply Industries Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 30, 2011 transacted the following businesses: (1) Considered, closure of its Laminate Unit at Igatpuri in the state of Maharashtra with immediate effect in view of huge operational losses incurred. (2) There has been pest attack on a large number of trees at various sites of the Company's Agro Forestry Division spread over Raipur & Durg District in Chhatisgarh, which has caused significant damage to the timber plantation.

Kitply Industries Limited has informed the Exchange that the Board of Directors of the Company at their Meeting held on August 12, 2010 transacted the following businesses : Taken note that India Debt Management Pvt Limited (IDM) has withdrawn the nomination of Mr. Anish Kishore Modi and Mr. Navin Sambtani as its Nominee Directors on the Board of Directors of the Company with effect from August 11, 2010.

Kitply Industries Limited has informed the Exchange that the Board of Directors at their meeting held on May 31, 2010 transacted the following business: In view of the losses no dividend has been recommended.

Kitply Industries Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on January 29, 2010 has considered and approved, inter alia the following: 1) Change of Registrar and Share Transfer Agent (RTA) from MCS Ltd to CB Management Services Pvt. Ltd. of P-22 Bondel Road, Kolkata - 700016. Ph. No. (033) 2280 6692-93-94/2486/2937, Fax (033) 22870263, email rta@cbmsl.com from a convenient date. The Board further noted withdrawal of nominee director Mr. Denys C Firth by M/s. India Debt Management Pvt. Ltd. (IDM), and approved Appointment of Mr. Navin Sambatani

Kitply Industries Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on January 29, 2009 has considered and approved, inter alia the following: (1) Co-option of Mr. Mahesh Shah as an Additional Director of the Company in the capacity of Non-Executive Independent Director. (2) Reconstitution of the Audit Committee by co-opting Mr. Mahesh Shah and Mr. Navin Sambtani as member of the Committee and Mr. Anish Modi cease to be a member of the Committee.

Kitply Industries Ltd has informed the Exchange that the Board at its meeting held on September 24, 2008, considered and approved the forfeiture of partly paid Equity shares of the company. The Board has also taken note of withdrawal of Indian Debt Management Pvt Ltd.`s Nominee Mr. Navin Sambtani effective from August 29, 2008.

Kitply Industries Ltd has informed the Exchange that the Board at its meeting held on July 25, 2008 considered and approved, inter alia the following items: 1) The resignation of Mr. S. P. Goenka both as Chairman and Director of the Company effective from July 03, 2008 and appointing Mr. P.K. Goenka as new Chairman on the Board. 2) Reconstitution of Share Transfer Committee and Shareholders Grievances Committee by co opting Mr. Gaurav Goenka as member of both committee. 3) Taken note of withdrawal of IDBI Nominee Mr. S.K. Pai effective from May 08, 2008. 4) Appointment of Mrs. Shabnum Zaman as

Kitply Industries Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on April 05, 2008 discussed, decided and approved the following: 1) A draft Scheme of Arrangement and Restructuring under Section 391 & 394 of the Companies Act, 1956 as well as reduction of working capital u/s. 100 & 102 of the Companies Act, 1956 was placed on the table and discussed. 2) Shri Gaurav Goenka, who was appointed as an Additional Director of the Company in the Board Meeting held on March 17, 2008, has since been appointed as the Whole-time Director of the Company with ef

Kitply Industries Ltd has informed the Exchange regarding the outcome of the Board meeting held on March 17, 2008 considered and approved, inter alia, the following items: (1) Considered and approved the issuance of letter of allotment for Secured Non Convertible Debentures of the following series to M/s India Debt Management Private Limited pursuant to their infusion of Rs 120 crores (Rupees One hundred Twenty Crores only) into the Bank Account of the company: (a) 1,00,000 Series A Non Convertible Debentures of Rs. 10,000 each. (b) 14,500 Series B Non Convertible Debentures of Rs 10,000 each.

Kitply Industries Ltd has informed the Exchange that a Board Meeting of the Company was held on March 08, 2008 and the followings were the outcome of the same: 1) The Net Loss has increased from Rs. 2586 lacs at the time of publishing the unaudited results for the year ended September 30, 2007 to Rs. 2935 lacs in the audited results for the same period on account of the interest cost increasing from Rs. 1294 lacs to Rs. 1627 lacs. The reasons for said variation in the Net Profit/ (Loss) of more than 10% is explained below and has been taken on record and approved by the Board. At the time of p

Kitply Industries Ltd had informed the Exchange regarding the Board Meeting scheduled to be held on August 29, 2007. The Company has now informed the Exchange that: "due to some unavoidable circumstances the meeting has been postponed till further notice".

Kitply Industries Ltd has informed the Exchange that: "A Board Meeting of the Company was held on 5th March, 2007 the followings are the outcome of the meeting : 1) Final Accounts for the 18 month period ended 30.09.2006 has been approved alongwith the Directors & Auditors Report thereon. 2) Adjourned Annual General Meeting has been scheduled to be convened on 30.03.2007 at 9.30 am at the registered office of the Company".

Kitply Industries Ltd has informed the Exchange that: "the a Board Meeting of the Company was held on December 02, 2006 and the following is the outcome of the meeting:- (i) The Annual General Meeting will be held on Wednesday, the 27th day of December 2006 at 1530 hrs at the Registered Office of the Company at Rungagora Road, Tinsukia-786 125, Assam. (ii) The Accounts of the Company for the 18 months period ended 30th September 2006 could not be finalized for circumstances beyond control; hence it could not be circulated. The meeting is proposed to be adjourn sine die for consideration of the

Kitply Industries Ltd has informed the Exchange that a Board Meeting of the Company was held on September 18, 2006 and the following is the outcome of the meeting: (1) The Board of Directors has decided to prepare the Final Accounts of the company for a period of 18 months from April 01, 2005 to Septemeber 30, 2006, subject to approval of the Lenders and other appropriate authorities.

Kitply Industries Ltd has informed the Exchange that the Board Meeting of the Company has been held on March 09,2005 and the following were the outcome of the meeting : 1) The Board approved the Sale of the two branch offices of the company as situated at Nagpur & Cochin subject to the valuation by the Registered valuer. 2) The Board advised for Representation of the Scheme of De-merger in the next Board Meeting. 3) The Board agreed to give a No Objection Certificate for the use of the prefix "KITPLY" in the above process of De-Merger. 4) The Re-Confirmation of Reduction of Capital was also a