KWALITY

The Exchange has sought clarification from kwality limited with respect to recent news item captioned JSPL affiliate firm Sarda Mines is top bidder for Kwality Dairy. The response from the Company is attached.

The Exchange has sought clarification from kwality limited with respect to recent news item captioned JSPL affiliate firm Sarda Mines is top bidder for Kwality Dairy. The response from the Company is awaited.

The Exchange has sought clarification from kwality limited with respect to recent news item captioned CBI charges dairy products firm Kwality with Rs 1,400-crore bank fraud. The response from the Company is attached.

The Exchange has sought clarification from kwality limited with respect to recent news item captioned CBI charges dairy products firm Kwality with Rs 1,400-crore bank fraud. The response from the Company is awaited.

KWALITY: The Exchange had sought clarification from kwality limited with respect to announcement dated 19-Dec-2018, regarding " kwality limited has informed the Exchange regarding Information under Regulation 30 of SEBI (LODR) Regulations, 2015.". On basis of above the Company is required to clarify following: 1. Any other material information not involving commercial secrets2. Salient features, not involving commercial secrets, of the resolution plan approved by the Tribunal, in such form as may be specified3. Approval of resolution plan by the Tribunal or rejection, if applicable4. Filing of

KWALITY:The Exchange has sought clarification from kwality limited with respect to announcement dated 19-Dec-2018, regarding " kwality limited has informed the Exchange regarding Information under Regulation 30 of SEBI (LODR) Regulations, 2015.". On basis of above the Company is required to clarify following: 1. Any other material information not involving commercial secrets<br> 2. Salient features, not involving commercial secrets, of the resolution plan approved by the Tribunal, in such form as may be specified<br> 3. Approval of resolution plan by the Tribunal or rejection, if applicable<b

The Exchange had sought clarification from the Company with respect to news item captioned- "KKR-backed Kwality set to be taken to NCLT over 1,200-crore default". In this regard, you are advised to provide clarification/confirmation on the news item in detail including the following: a) Whether such event stated in published news were taking place? If so, you are advised to provide the said information along with the sequence of events in chronological order. b) The material impact of this article on the Company. c) Whether company are aware of any information that has not been announced to th

The Exchange has sought clarification from the Company with respect to news item captioned- "KKR-backed Kwality set to be taken to NCLT over 1,200-crore default". In this regard, you are advised to provide clarification/confirmation on the news item in detail including the following: a) Whether such event stated in published news were taking place? If so, you are advised to provide the said information along with the sequence of events in chronological order. b) The material impact of this article on the Company. c) Whether company are aware of any information that has not been announced to th

Significant increase in volume has been observed in kwality limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company. kwality limited has submitted their response.

Significant increase in volume has been observed in kwality limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written to the company. The response from the company is awaited.

The Exchange has sought clarification from the Company with respect to news item captioned "Sebi slaps Rs 12 lakh fine on Kwality Ltd, five promoters". The response from the Company is enclosed.

The Exchange has sought clarification from the Company with respect to news item captioned "Sebi slaps Rs 12 lakh fine on Kwality Ltd, five promoters". In this regard, Exchange has advised the Company to provide clarification/confirmation on the news item in detail including the following: a) Whether such event/negotiations/article stated in published news were taking place? If so, you are advised to provide the said information along with the sequence of events in chronological order and the material impact of this article on the Company. b) Whether company is aware of any information that ha

:The Exchange had sought clarification from kwality limited with respect to announcement dated 14-Jun-2016, regarding appointment of Mr. Ashok Kumar Gupta as an Independent Director as per Companies Act, 2013 and resignation of Mr. Arun Srivastava, Independent Director with effect from June 14, 2016.The company has response the following on said clarification1 . Reason for change viz. appointment, resignation, removal, death or otherwise;- Mr. Arun Srivastava has resigned and Mr. Ashok Kumar Gupta has been appointed as Independent Director w.e.f. June 14,2016.2. Date of appointment of Mr. Asho

KWALITY:The Exchange has sought clarification from kwality limited with respect to announcement dated 14-Jun-2016, regarding appointment of Mr. Ashok Kumar Gupta as an Independent Director as per Companies Act, 2013 and resignation of Mr. Arun Srivastava, Independent Director with effect from June 14, 2016.On basis of above you are required to clarify following -1. Reason for change viz. appointment, resignation, removal, death or otherwise;2. Date of appointment of Mr. Ashok Kumar Gupta& term of appointment;3. Disclosure of relationships between directors (in case of appointment of a directo

The Exchange has sought clarification from kwality limited with respect to recent news item captioned KKR set to invest Rs 600cr in Kwality. 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 company. kwality limited has submitted their response.

The Exchange has sought clarification from kwality limited with respect to recent news item captioned "KKR set to invest Rs 600cr in Kwality. In this regard". Exchange have advised the Company to provide clarification/confirmation on the news item in detail including the following: a) Whether such negotiations were taking place and b) Whether you/company are aware of any information that has not been announced to the Exchanges which could explain the aforesaid movement in the trading. The response from the company is awaited.

Kwality limited has informed the Exchange that ''With reference to the corporate presentation submitted by the Company dated March 08, 2016, it is hereby clarified that the above mentioned presentation was old presentation that was uploaded inadvertently and the same is hereby withdrawn by the Company with immediate effect. Now, the revised presentation is attached herewith''

The Exchange has sought clarification from kwality limited with respect to recent news item captioned Company mired in feud among founder families: ET-Feud over intellectual property rights of brand 'Kwality'." 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 company. kwality limited has submitted their response.

The Exchange has sought clarification from kwality limited, with respect to recent news item captioned "Company mired in feud among founder families: ET-Feud over intellectual property rights of brand 'Kwality'". In this regard, the Exchange has advised the Company to provide clarification/confirmation on the news item in detail including the following: a) Whether such negotiations were taking place and b) Whether you/company are aware of any information that has not been announced to the Exchanges which could explain the aforesaid movement in the trading. The response from the company is awai

The Exchange had sought clarification from Kwality Limited with respect to a news item captioned "Kwality plans Rs. 300-cr dairy expansion". The Company has clarified that "During a brief interaction with media persons on dairy industry scenario and outlook of dairy sector, a general statement was given with respect to the future prospects of the Company that the Company looking to various opportunities including expansion of its existing business". Further, the Company has also informed regarding the outcome of Board meeting held on March 24, 2014 to discuss the expansion plan along with oth

News Verification : The media had reports that "Kwality eyes stake sale to raise Rs. 500 cr". 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 company. kwality limited has vide its letter inter-alia stated, "That there had been no discussion with Rabo Equity Advisors in recent months to offload our stake. Further our company is in phase of expansion, and is scouting various opportunities to raise funds through debt/equity. But so far nothin

Price movement : Significant price movement has been observed in Kwality Dairy (India) Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company. Kwality Dairy (India) Limited has vide its letter inter-alia stated, "We would like to inform that in our opinion there is no information or announcement (including impending information) including price sensitive information which may have bearing on the price / volume behaviour in the scri