Company Profile

3M INDIA LTD.

NSE : 3MINDIABSE : 523395ISIN CODE : INE470A01017Industry : DiversifiedHouse : 3M India - MNC
BSE27478.30-552.9 (-1.97 % )
PREV CLOSE (Rs.) 28031.20
OPEN PRICE (Rs.) 28199.95
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 358
TODAY'S LOW / HIGH (Rs.)27227.95 28500.00
52 WK LOW / HIGH (Rs.)16770 30975
NSE27624.10 -395.4 (-1.41 % )
PREV CLOSE(Rs.) 28019.50
OPEN PRICE (Rs.) 28098.00
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 27624.10 (14 )
VOLUME 2439
TODAY'S LOW / HIGH(Rs.) 27399.85 28323.85
52 WK LOW / HIGH (Rs.)16745 31000

Company News

Date Heading Details
26-Feb-2021 3M India informs about issuance duplicate share certificate <p align="justify">3M India has informed that on February 26, 2021 the company has received a request from shareholders, Hema Dand (Folio No: B3M033829) towards procedure for issue of duplicate share certificate through its RTA, further details are enclosed.</p><p align="justify">The above information is a part of company's filings submitted to BSE.<br></p>
12-Feb-2021 TCS, Biocon and RITES to see some action today <p align="justify"><strong>Tata Consultancy Services</strong> (TCS) has strengthened its partnership with Snowflake, with the launch of a curated version of its TCS DAEzMo suite of solutions that enables businesses to accelerate their data landscape modernization and migration to Snowflake's data cloud. The company helps customers across industries resolve complex business-centric data challenges with the power of cloud.</p><p align="justify"><strong>Biocon's</strong> subsidiary -- Biocon Biologics (BBL) and Viatris have received marketing authorization approval from the European Commission for Kixelle, Biosimilar Insulin Aspart, following the positive recommendation by the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency. Kixelle, a fast-acting insulin analog indicated for the treatment of diabetes mellitus in adults, adolescents and children aged 1 year and above, has been approved as a 100 units/ml solution for injection in vial and pre-filled pen presentations. </p><p align="justify"><strong>RITES</strong> has, in consortium, emerged as L-1 bidder for a General Consultancy order from Haryana Rail Infrastructure Development Corporation for their Haryana Orbital Rail Corridor (HORC) which is a new electrified Broad-Gauge double line (about 144 kms) from Palwal to Sonipat via Sohna, Manesar and Kharkhoda in the state of Haryana with speed potential of 160 kmph. Fee payable to the consortium will be about Rs 61 crore.</p><p align="justify"><strong>Artson Engineering</strong> has received order confirmation of Rs 9.01 crore from Convergence Chemicals for design, manufacture, supply &amp; transport of Fluorination Reactor - 01 No. The time period by which the order is to be executed is 8 months.</p><p align="justify"><strong>Gulf Oil Lubricants</strong> has partnered with Gulf Oil International (GOI) for investing and exploring opportunities in the Electric Vehicle (EV) charging space. The company has entered into an agreement with Gulf Oil International to participate and co-invest in Gulf Oil International's recent investment along with the Clean Growth Fund (CGF - a UK venture capital fund) in a UK-based smart energy and electric vehicle technology company Indra Renewable Technologies.</p><p align="justify"><strong>Eicher Motors'</strong> motorcycle arm -- Royal Enfield has launched a new version of its adventure-touring motorcycle Himalayan priced at Rs 2.01 lakh (ex-showroom Delhi). The company has introduced the updated model across India, Europe, and the UK, in three new distinctive, terrain-inspired colorways, along with a range of upgrades.</p><p align="justify"><strong>3M India</strong> has decided to consolidate its manufacturing operations in Pune, Maharashtra to a single facility in Ranjangaon and discontinue its production unit at its Pimpri facility during the quarter October - December 2021. At present, the Pimpri facility is owned and managed by 3M Electro &amp; Communication India, a 100% subsidiary of 3M India. Once all the related approvals are in place 3M shall ensure smooth transition of the business and is committed to minimizing any disruption for its customers.<br></p>
11-Feb-2021 3M India to consolidate manufacturing operations in Pune to single facility <p align="justify">3M India has decided to consolidate its manufacturing operations in Pune, Maharashtra to a single facility in Ranjangaon and discontinue its production unit at its Pimpri facility during the quarter October - December 2021. At present, the Pimpri facility is owned and managed by 3M Electro &amp; Communication India, a 100% subsidiary of 3M India. Once all the related approvals are in place 3M shall ensure smooth transition of the business and is committed to minimizing any disruption for its customers.<p align="justify">3M is fundamentally a science-based company. They produce thousands of imaginative products, and are a leader in scores of markets - from health care and highway safety to office products and abrasives and adhesives.</p>
11-Feb-2021 3M India informs about consolidation of manufacturing operations <P align=justify>3M India has informed that it has decided to consolidate its manufacturing operations in Pune, Maharashtra to a single facility in Ranjangaon and discontinue its production unit at its Pimpri facility during the quarter October-December 2021. At present, the Pimpri facility is owned and managed by 3M Electro &amp; Communication India, a 100% subsidiary of the company. Once all the related approvals are in place 3M shall ensure smooth transition of the business and is committed to minimizing any disruption for its customers.<P align=justify>The above information is a part of company's filings submitted to BSE.<P><BR>
10-Feb-2021 Appointment of Statutory Auditors Inter alia, approved the following: 1. The Board of Directors, based on the recommendations of the Nomination and Remuneration Committee and on the basis of the Performance Evaluation Independent Directors have approved the re-appointment of Ms. Radhika Govind Rajan (DIN: 00499485) as Non-Executive Independent Director of the Company for a second term of 5 (Five) continuous years from May 27,2021 to May 26,2026 subject to the approval of the members by way of Special Resolution to be obtained through Postal Ballot We hereby affirm that the Independent Director who has been re-appointed is not debarred from holding the office of Director by virtue of any SEBI order or any such authority and is not related to any other Directors of the Company and does not hold any shares in the Company. 2. The Postal Ballot Notice will be sent to the Members of the Company whose names appear in the Register of members / List of Beneficial owners as on February 12, 2021, being the cut-off date for sending Postal Ballot Notice to the Members who are entitled for e-voting. 3. The Board of Directors,based on the recommendations of the Audit Committee have approved the re-appointment of Messrs. BSR & Co. LLP, Chartered Accountants, Bengaluru (ICAI firm Registration No. 101248W/W-100022), as Statutory Auditors of the Company for a second term of 5 (Five) years from the Financial Year beginning 2021- 22,subject to the approval of the Members of the Company at their 34th General Meeting to be held in August 2021.
10-Feb-2021 Change in Directorate Inter alia, approved the following: 1. The Board of Directors, based on the recommendations of the Nomination and Remuneration Committee and on the basis of the Performance Evaluation Independent Directors have approved the re-appointment of Ms. Radhika Govind Rajan (DIN: 00499485) as Non-Executive Independent Director of the Company for a second term of 5 (Five) continuous years from May 27,2021 to May 26,2026 subject to the approval of the members by way of Special Resolution to be obtained through Postal Ballot We hereby affirm that the Independent Director who has been re-appointed is not debarred from holding the office of Director by virtue of any SEBI order or any such authority and is not related to any other Directors of the Company and does not hold any shares in the Company. 2. The Postal Ballot Notice will be sent to the Members of the Company whose names appear in the Register of members / List of Beneficial owners as on February 12, 2021, being the cut-off date for sending Postal Ballot Notice to the Members who are entitled for e-voting. 3. The Board of Directors,based on the recommendations of the Audit Committee have approved the re-appointment of Messrs. BSR & Co. LLP, Chartered Accountants, Bengaluru (ICAI firm Registration No. 101248W/W-100022), as Statutory Auditors of the Company for a second term of 5 (Five) years from the Financial Year beginning 2021- 22,subject to the approval of the Members of the Company at their 34th General Meeting to be held in August 2021.
10-Feb-2021 Notice of Postal Ballot Inter alia, approved the following: 1. The Board of Directors, based on the recommendations of the Nomination and Remuneration Committee and on the basis of the Performance Evaluation Independent Directors have approved the re-appointment of Ms. Radhika Govind Rajan (DIN: 00499485) as Non-Executive Independent Director of the Company for a second term of 5 (Five) continuous years from May 27,2021 to May 26,2026 subject to the approval of the members by way of Special Resolution to be obtained through Postal Ballot We hereby affirm that the Independent Director who has been re-appointed is not debarred from holding the office of Director by virtue of any SEBI order or any such authority and is not related to any other Directors of the Company and does not hold any shares in the Company. 2. The Postal Ballot Notice will be sent to the Members of the Company whose names appear in the Register of members / List of Beneficial owners as on February 12, 2021, being the cut-off date for sending Postal Ballot Notice to the Members who are entitled for e-voting. 3. The Board of Directors,based on the recommendations of the Audit Committee have approved the re-appointment of Messrs. BSR & Co. LLP, Chartered Accountants, Bengaluru (ICAI firm Registration No. 101248W/W-100022), as Statutory Auditors of the Company for a second term of 5 (Five) years from the Financial Year beginning 2021- 22,subject to the approval of the Members of the Company at their 34th General Meeting to be held in August 2021.
23-Nov-2020 3M India informs about issuance of duplicate share certificate <p align="justify">3M India has informed that on November 21, 2020, the company has received an application for issue of duplicate share certificate through its RTA, from the shareholder(s), Shashi Khanchandani: Vishnoo Khanchandani (Folio No: B3M020666). Bring this to the notice of members of the exchange and request them to inform within 15 days from the date hereof whether they have any claim or are in possession of original share certificate. The company shall proceed to issue the duplicate share certificate in the name of registered holder(s), in lieu of the original share certificate cited herein above after the expiry of the above-mentioned period. Further details of the same as enclosed.</p><p align="justify">The above information is a part of company's filings submitted to BSE.<br></p>
22-Sep-2020 3M India informs about closure of trading window <p align="justify">3M India has informed that in terms of the company Code Of Conduct For Prevention Of Insider Trading And Code Of Practices And Procedures For Fair Disclosure Of Unpublished Price Sensitive Information Pursuant To Securities And Exchange Board Of India (Prohibition Of Insider Trading) Regulations, 2015, the Trading Window will remain closed from Thursday, September 24, 2020 to Sunday, November 15, 2020 for the Un-Audited Financial Results (Standalone and Consolidated) of the Company for the half year ended September 30, 2020.</p><p align="justify">The above information is a part of company's filings submitted to BSE.</p><p><br></p>
14-Aug-2020 3M India informs about issue of duplicate share certificate <p align="justify">Pursuant to Regulation 39(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, 3M India has informed that on August 13, 2020 the Company received an application for issue of duplicate share certificate through RTA as enclosed.<p align="justify">The above information is a part of company's filings submitted to BSE.</p>