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GANGES SECURITIES LIMITED Share Price | Rupeezy

GANGESSECU
₹138 2.001.47 %(in 1 day)
Overview
F&O
News
Open135
Close136
High165
Low110
Volume27424

GANGESSECU Fundamentals

ROCE
2.37
Earning/Share
7.72
Dividend Yield
0
P/E Ratio
9.62
P/B Ratio
0.22
Debt to Equity
0

GANGESSECU Financials

1.83 CrDec'23 (Standalone)
QTR
YR
All values in Rs. Cr
Shareholding Pattern
About Company

Ganges Securities Limited (GSL), a part of K K Birla Group of Industries, was incorporated in March 30, 2015. The Company operates in single segment which is to invest, deal etc. in securities mainly of group companies and in immovable properties. The Company acts as a Core Investment Company (CIC) as per RBI guidelines.The businesses of the Company are carried out by its wholly-owned subsidiaries, Uttar Pradesh Trading Company Limited and Cinnatolliah Tea Limited. Uttar Pradesh Trading Company Limited is a Non-Banking Financial Company registered with RBI and primarily engaged in investment activities, whereas the other wholly owned subsidiary, Cinnatolliah Tea Limited is engaged in the tea business. Apart from its operations in investment in securities including through its wholly-owned subsidiaries, the Company continues to be in business of tea manufacturing and processing through its subsidiary company i.e Cinnatolliah Tea Limited. During the period 2020-21, the Board of Directors in the Meeting dated 10th November, 2020 considered and approved voluntary delisting of equity shares of the Company from The Calcutta Stock Exchange Limited (CSE) in terms of SEBI (Delisting of Equity Shares) Regulations,2009 as amended, given that no trading of the equity shares of the Company had been done at CSE since the date of listing. CSE has grantedapproval for such voluntary delisting of the Equity Shares of the Company with effect from February 26, 2021.During the period 2020-21, the Board of Directors in the Meeting held on August 4, 2020 considered and approved change of Appointed Datefor a Scheme of Amalgamation between Ganges Securities Limited (GSL) and Uttar Pradesh Trading Company Limited (UP Trading)from 1st April, 2019 to 1st April, 2020, in view of the ongoing Covid-19 pandemic and consequent lockdown in the country the process forseeking approval of the Scheme from the NCLT may not conclude by 31 March, 2021.. The said Scheme was approved by the Board at its meeting dated November 6, 2019, with a view to simplify their Group structure. During the period 2020-21, the Board of Directors of the Company, at its meeting dated 10th November, 2020, in consonance with RBI provisions considered again and approved applying for registration of the Company as NBFC, given that pursuant to the proposed mergerof UP Trading with the Company, the registration granted by RBI to UP Trading shall stand integrated/transferred to the benefit t of theCompany and the Company will be registered as a NBFC with the RBI.
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FAQs on GANGES SECURITIES LIMITED

Ans: Share price of GANGES SECURITIES LIMITED is 138 today.

Ans: GANGES SECURITIES LIMITED opened at 135 today.

Ans: GANGES SECURITIES LIMITED closed at 136 previous trading day

Ans: Today's High price of GANGES SECURITIES LIMITED is : 165 and Today's Low price of GANGES SECURITIES LIMITED is : 110

Ans: 52 weeks High price of GANGES SECURITIES LIMITED is : 157

Ans: 52 weeks High price of GANGES SECURITIES LIMITED is : 101

Ans: P/E ratio of GANGES SECURITIES LIMITED is : 9.62

Ans: P/B ratio of GANGES SECURITIES LIMITED is : 0.22

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