Cimmco Ltd Company Summary

Incorporated in Sep.43 as a public limited company under the name Texmaco (Gwalior), the company was renamed Cimmco in Dec.85. Xpro India, Cimmco Spinners and Indian plastics were amalgamated with the company and its name was subsequently changed to Cimmco Birla in Oct.94. The company was promoted by G D Birla. At present, Siddharth Birla is the chairman and Sushil K Jain is the executive director of the company.CBL is engaged in the manufacture of textile machinery and accessories, steel castings, railway wagons, cotton yarn, co-extruded plastic sheets, thermo-setting plastics, etc. It came out with a rights issue of 40.4 lac equity shares at a premium of Rs 50 each aggregating Rs 24.24 cr. The funds were raised to standardise and rationalise man-power levels and work methods commensurate with operations and to augment long-term resources for working capital requirements and normal capital expenditure.The New Sheet Line was commissioned in April 1996 taking sheet capacity to 7500 MT. The company has reorganised and reconstructed the business of the company by transferring its non-engineering business (Xpro India ,Xpro India Bombay , Biax ans Cimmco Spinners divisions ) to Xpro India Limited (XIL) in the manner and on the terma and conditions stated in the scheme of Arrangement. In line with the scheme , all members of Cimmco Birla Limite will receive 1 Equity Share of Xpro India Limited for every 2 Equity Shares held in the company , automatically and with no payment , as on December 20, 1999.During the year 1999-2000, the company has procured an export order for wagons worth US $ 3.2 million from West Asia for manufacture and supply of phosphoric acid tank wagons.

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Risk Disclosure on Derivatives

9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
On an average, loss makers registered net trading loss close to Rs. 50,000.
Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248

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This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.

ATTENTION INVESTORS

Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors.
KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

Risk Disclosure on Derivatives

9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
On an average, loss makers registered net trading loss close to Rs. 50,000.
Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248

We are ISO 27001:2013 Certified.

This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.

Cimmco Ltd Company Summary

ATTENTION INVESTORS

Risk Disclosure on Derivatives

We are ISO 27001:2013 Certified.

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ATTENTION INVESTORS

Risk Disclosure on Derivatives

We are ISO 27001:2013 Certified.