Company Profile

JTL INFRA LTD.

NSE : NABSE : 534600ISIN CODE : INE391J01016Industry : Steel & Iron ProductsHouse : Private
BSE248.50-9.05 (-3.51 % )
PREV CLOSE (Rs.) 257.55
OPEN PRICE (Rs.) 244.70
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 130097
TODAY'S LOW / HIGH (Rs.)244.70 268.00
52 WK LOW / HIGH (Rs.) 65.1 305
NSE
This Company is not listed in NSE

Company News

Date Heading Details
04-Jan-2021 Announcement under Regulation 30 (LODR)-Meeting Updates Reference to our notice of board meeting uploaded today i.e. 2nd January 2021 vide letter no. JTLIL/CHD/SE/2020-21/045 at listing portal. In this regard we wish to inform you that inadvertently, the date of notice was mentioned 2nd December, 2020 instead of 2nd January, 2021. You are requested to read the date of notice of Board meeting as 02nd January, 2021.
04-Jan-2021 Board Meeting Intimation for Notice Of Board Meeting To Be Held On January 09, 2021 JTL INFRA LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 09/01/2021 ,inter alia, to consider and approve Please find enclosed Notice of Board Meeting to be held on January 09, 2021 pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015).
28-Dec-2020 Allotment of Convertible warrants inter alia, has approved, subject to members? and all other necessary approvals, issuance of 25,00,000 (Twenty Five Lacs) Fully Convertible Warrants, on preferential basis, in terms of Chapter V of SEBI (ICDR) Regulations, 2018 and all other applicable provisions and regulations, to the following investors at issue price of Rs. 180/- (Rupees One hundred and Eighty ) per warrant, to be convertible within 18 (eighteen) months from date of warrant allotment into equivalent number of fully paid up Equity Shares of face value of Re. 10/- (Rupee Ten) each, it was further decided to seek member's approval for the above said warrant issue by way of passing the requisite resolution through Postal Ballot process and the Notice of Postal Ballot for seeking member's approval has been approved by the Board for circulation. The Postal Ballot Notice will be submitted separately.
21-Dec-2020 Board Meeting Intimation for Intimation Of Board Meeting To Be Held On December 26, 2020 JTL INFRA LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/12/2020 ,inter alia, to consider and approve To consider and approve the fund raising by way of issue of securities, including convertible warrants and other instruments, on preferential basis, to certain strategic investors.
27-Nov-2020 JTL Infra successfully completes supplies of around 2200 MT GI Pipes despite Covid-19 <p align="justify">JTL Infra has successfully completed supplies of around 2200 MT GI Pipes, amounting Rs 146 million to Himachal Pradesh State under Jal Jeevan Mission (JJM) Scheme, whereas supplies to other JJM orders worth millions of rupees are under progress despite the challenges posed by Covid-19 pandemic.<p align="justify">JTL Infra is an India-based company engaged in manufacture and sale of ERW Black and Galvanized steel pipes and Tubes, hollow sections and structural steel that are used in engineering and construction projects.</p>
27-Nov-2020 JTL Infra zooms on successfully completing supplies of around 2200 MT GI Pipes despite Covid-19 <p align="justify">JTL Infra is currently trading at Rs. 166.15, up by 12.15 points or 7.89% from its previous closing of Rs. 154.00 on the BSE.<br></p><p align="justify">The scrip opened at Rs. 166.90 and has touched a high and low of Rs. 169.00 and Rs. 159.80 respectively. So far 30394 shares were traded on the counter.<br></p><p align="justify">The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 169.00 on 27-Nov-2020 and a 52 week low of Rs. 65.10 on 20-May-2020.<br></p><p align="justify">Last one week high and low of the scrip stood at Rs. 169.00 and Rs. 129.20 respectively. The current market cap of the company is Rs. 174.97 crore.<br></p><p align="justify">The promoters holding in the company stood at 71.94%, while Non-Institutions held 28.06% stake in the company.</p><p align="justify">JTL Infra has successfully completed supplies of around 2200 MT GI Pipes, amounting Rs 146 million to Himachal Pradesh State under Jal Jeevan Mission (JJM) Scheme, whereas supplies to other JJM orders worth millions of rupees are under progress despite the challenges posed by Covid-19 pandemic.</p><p align="justify">JTL Infra is an India-based company engaged in manufacture and sale of ERW Black and Galvanized steel pipes and Tubes, hollow sections and structural steel that are used in engineering and construction projects.<br></p>
26-Nov-2020 JTL Infra soars on commencing commercial production at recently acquired manufacturing facilities <p align="justify">JTL Infra is currently trading at Rs. 153.40, up by 12.35 points or 8.76% from its previous closing of Rs. 141.05 on the BSE.</p><p align="justify">The scrip opened at Rs. 154.00 and has touched a high and low of Rs. 155.15 and Rs. 152.90 respectively. So far 10970 shares were traded on the counter.</p><p align="justify">The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 155.15 on 26-Oct-2020 and a 52 week low of Rs. 65.10 on 20-May-2020.</p><p align="justify">Last one week high and low of the scrip stood at Rs. 155.15 and Rs. 129.00 respectively. The current market cap of the company is Rs. 149.62 crore.</p><p align="justify">The promoters holding in the company stood at 71.94%, while Non-Institutions held 28.06% stake in the company.</p><p align="justify">JTL Infra has commenced commercial production at recently acquired Mandi Gobindgarh Manufacturing Facilities. Addition of these ready to use manufacturing facilities at Mandi Gobindgarh shall strengthen company's market share in Northern Region market. The company is expecting that with these add-on Mandi Gobindgarh facilities, revenue of the Company shall be increased by approximately Rs 200 crore on annual basis.</p><p align="justify">JTL Infra is an India-based company engaged in manufacture and sale of ERW Black and Galvanized steel pipes and Tubes, hollow sections and structural steel that are used in engineering and construction projects.<br></p>
26-Nov-2020 Laurus Labs, JTL Infra and Cochin Shipyard to see some action today <p align="justify"><strong>Laurus Labs</strong> has signed definitive agreements to acquire a majority stake in Richcore Lifesciences (Richcore). Richcore, a fast-growing biotech company based in Bengaluru with its advanced R&amp;D and manufacturing facilities, develops and manufactures biotech products critical for manufacturing biological drugs. Richcore also helps its global customers to develop and scale-up their bioprocesses by providing contract research, development, and manufacturing services.</p><p align="justify"><strong>JTL Infra</strong> has commenced commercial production at recently acquired Mandi Gobindgarh Manufacturing Facilities. Addition of these ready to use manufacturing facilities at Mandi Gobindgarh shall strengthen company's market share in Northern Region market. The company is expecting that with these add-on Mandi Gobindgarh facilities, revenue of the Company shall be increased by approximately Rs 200 crore on annual basis.</p><p align="justify"><strong>Cochin Shipyard</strong> is building two autonomous electric vessels with zero carbon emission for a Norwegian company. The production of the vessels began with a plate-cutting ceremony organised virtually at the company. The two vessels are being built for ASKO Maritime AS, Norway. The company signed contracts for construction and supply of the two autonomous electric ferries for the Norwegian company with an option to build two more identical vessels in July 15 this year.</p><p align="justify"><strong>Union Bank of India's</strong> board has approved raising of equity capital up to Rs 6,800 crore (including premium, if any) during 2020-21 by way of various modes such as Public lssue (i.e. Follow-on Public Offer) and/or Rights Issue and/or Private Placements, including Qualified Institutions Placement and/or Preferential Allotment to the Government of India. The Board of Directors of the bank in its meeting held on November 25, 2020, has approved the same. Extraordinary General Meeting (EGM) for taking shareholders' approval in this regard will be held on December 30, 2020.</p><p align="justify"><strong>HDFC Bank</strong> has signed memorandum of understanding (MoU) with Inventivepreneur Chamber of Commerce &amp; Industries (ICCI) to support SMEs and Start-ups. Through this association, ICCI will engage, enroll and support various Startups /SMEs /MSMEs to facilitate inter-alia financial and other facilities to/from HDFC Bank. HDFC Bank may offer bank accounts to Startups that are supported by Inventivepreneur and recommended by Inventivepreneur.</p><p align="justify"><strong>Shriram Transport Finance Company</strong> (STFC) has raised Rs 100 crore by issuing bonds on private placement basis. The allotment committee of the company in its meeting held on November 25, 2020, has approved and allotted senior secured rated, listed principal protected market linked redeemable Nonconvertible debentures (NCD) on Private placement basis for an issue size of Rs 75 crore plus green shoe option of Rs 25 crore.</p><p align="justify"><strong>Shradha Infraprojects'</strong> wholly owned subsidiary -- Active Infrastructure has resumed the construction work for NIT situated at Rangilal Marg, Mangaiwari Bazar, Nagpur having Land area of around 5290 Sq. Meter. The total construction area of the said project will be around 19000 Sq. Meter.&nbsp; <br></p>
25-Nov-2020 JTL Infra commences commercial production at recently acquired manufacturing facilities <p align="justify">JTL Infra has commenced commercial production at recently acquired Mandi Gobindgarh Manufacturing Facilities. Addition of these ready to use manufacturing facilities at Mandi Gobindgarh shall strengthen company's market share in Northern Region market. The company is expecting that with these add-on Mandi Gobindgarh facilities, revenue of the Company shall be increased by approximately Rs 200 crore on annual basis.<p align="justify">JTL Infra is an India-based company engaged in manufacture and sale of ERW Black and Galvanized steel pipes and Tubes, hollow sections and structural steel that are used in engineering and construction projects.</p>
15-Oct-2020 JTL Infra to purchase manufacturing assets of Jagan Industries <p align="justify">JTL Infra has decided to purchase Manufacturing Assets of Jagan Industries, a promoter group entity, on WDV (for moveable fixed assets) and/or FMV (for immovable fixed assets), in order to increase the manufacturing capacities, capabilities of the company and to achieve the greater economies of scale, strengthen company's bargain power and to further fortify in its position in existing markets. </p><p align="justify">This ready to use manufacturing assets shall, post integration of its operation with company's existing businesses, generate annual revenue of around Rs 200 crore and this will result in balance sheet going forward. Being a related party transaction and as a good corporate governance practice, the sale consideration is calculated on the basis of arm length price payable in cash. The transaction is expected to be completed within Q3 of FY21.</p><p align="justify">JTL Infra is an India-based company engaged in manufacture and sale of ERW Black and Galvanized steel pipes and Tubes, hollow sections and structural steel that are used in engineering and construction projects.<br></p>