Monday, 23 January 2017

Modern Insulator – Revocation of Suspension on BSE



Modern Insulator Limited (Also known as MIL) is one of the leading manufacturers of high voltage porcelain insulators in India. Incorporated in 1985 in collaboration with Siemens AG, Germany, MIL has become one of the leading brands in the High Voltage Insulator segment. The company is going to get live for trading on BSE due to revocation of suspension (BSE Code – 515008 Script ID – MOSINSU) and ISIN – INE197301018.

Proposal for the Benefits of MIL: Modern Insulator Ltd has proposed following matter which is under final stage of consideration for the benefit of shareholders and over Business growth.

  • To amalgamate Modern Terry Towel under the scheme of BIFR rehabilitation.
  • MIL to focus more on the core segment and drive off the losses incurred due to yarn division has filed before High Court of Rajasthan to demerged the Yarn segment and the same is under consideration.

Financial Highlights: (Amt in Crs.)

Particular
March 2016
March 2015
March 2014
March 2013
Total Income
468
423
463
396
PAT
29
17
14
21
EPS
13.43
7.65
6.47
9.72

For buying and selling any unlisted / unquoted/delisted or suspended shares in physical or demat you can reach us at Contact no. 91+09215709100 or email us on mittalmanish2003@gmail.com

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