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Developments at MFL: Resignation of Director
Morarka Finance Ltd has informed BSE that Mr. K. P. Medhekar, Director of the Company, has resigned due to personal reason from the Company with effect from October 03, 2011.
Source: Moneycontrol.com
Date: 3rd-Oct-2011
Developments at MFL:
Appointment of Director
Morarka Finance Ltd has informed BSE that Mr. Vijay S. Banka has been appointed as an Additional Director of the Company w.e.f. September 29, 2011 as per the decision taken in the Board Meeting of the Company held on September 29, 2011.
Source: Moneycontrol.com
Date: 30th-Sep-2011
Developments at MFL:
Outcome of Annual
General Meeting
Morarka Finance Ltd has informed BSE that the members at the 26th Annual General Meeting (AGM) of the Company held on September 29, 2011, inter alia, have taken the following decisions:
1. Adoption of Directors Report together with the Audited Balance sheet as on March 31, 2011 and the Profit and Loss account for the year ended on that date and the Auditors report thereon.
2. Re-appointment of Shri K. P. Medhekar as a Director of the Company.
3. Re-appointment of Shri S. Nevatia as a Director of the Company.
4. Re-appointment of M/s. D. P. Agarwal and Co. as Statutory Auditors to hold office from the conclusion of this Annual General Meeting until the conclusion of the next Annual General Meeting of the Company.
Source: Moneycontrol.com
Date: 29th-Sep-2011
Morarka Finance net profit rises 1650.00% in the March 2010 quarter
Net profit of Morarka Finance rose 1650.00% to Rs. 0.35 crore in the quarter ended March 2010 as against Rs. 0.02 crore during the previous quarter ended March 2009. Sales rose 3500.00% to Rs. 0.36 crore in the quarter ended March 2010 as against Rs. 0.01 crore during the previous quarter ended March 2009.
For the audited full year, net profit rose 250.00% to Rs. 0.28 crore in the year ended March 2010 as against Rs. 0.08 crore during the previous year ended March 2009. Sales rose 116.67% to Rs. 0.39 crore in the year ended March 2010 as against Rs. 0.18 crore during the previous year ended March 2009.
Source: NDTV Profit
URL: http://profit.ndtv.com/news/show/morarka-finance-net-profit-rises-1650-00-in-the-march-2010-quarter-59875
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Curtsey: stockmarketsoup.com
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