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IOL Chemicals And Pharmaceuticals Limited, Punjab

IOL Chemicals And Pharmaceuticals Limited, Punjab

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14th August 2012
OUTCOME OF THE BOARD MEETING HELD ON 14 AUGUST 2012

The Board of Directors in its meeting held on today i.e. 14 August 2012 has approved the following 1.Un-audited financial results for the quarter ended 30 June 2012 The net sales for the quarter ended 30 June 2012 is 124.77 crore against 112.89 crore during corresponding quarter ended 30 June 2011. The Profit before interest & depreciation has increased by 31.21% to 23.25 crore during the quarter under review against 17.72 crore during the corresponding quarter ended 30 June 2011 and Profit after tax 0.69 crore during the quarter ended 30 June 2012. 2.The twenty-fifth Annual General Meeting of the members of IOL Chemicals and Pharmaceuticals Limited will be held on Saturday, 29 September 2012 at 10:00 AM at the Registered Office of the Company; Trident Complex, Raikot Road, Barnala, Punjab. 3.The Register of Members and share transfer books will remain closed from Tuesday, 25 September 2012 to Saturday, 29 September 2012 (both days inclusive) for the purpose of Annual General Meeting of the Company. 4.Re-appointment of Sh. Varinder Gupta as Managing Director of the Company with effect from 01st September 2012.






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