Announcement under Regulation 30 (LODR) - Intimation of Change in Name of Foreign Subsidiary Company
Disclosure of Voting result and scrutinizer report on the postal ballot
Disclosure pursuant to Regulation 30 of SEBI (LODR) Reg. 2015 Proceedings of Postal Ballot
Newspaper Advertisement pertaining to financial result for the quarter and year ended as on March 31, 2025
Recommendate a dividend of RS. 1.50 per equity shares of Rs. 10/- each for the financials year ended as on March 31, 2025 subject to approval of shareholder
Appointment of M/s. Yogesh D. Dabholkar & Co. as a Secretarial Auditor of the Co.
Recommendate a Dividend of Rs. 1.50 per equity shares of Rs. 10/- each for the Financial year ended on March 31, 2025 subject to the shareholder approval at 31st AGM of the Company.
Result - Financial Result for March 31, 2025
1. Approved the Audited Financial Statements as per IND - AS (Standalone & Consolidated) along with statement of Assets and Liabilities, Segment Report, Cash flow statement, Auditors Report (Standalone & Consolidated) of the Company for the quarter and year ended March 31, 2025, in terms with Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. 2. Recommended a Dividend of Rs. 1.50 per equity share of Rs. 10/- each for the financial year ended March 31, 2025 subject to the approval of the shareholders at 31th Annual General Meeting of the Company, the dividend will be paid to the shareholders within a period of 30 days from the date of AGM. 3. Approved the appointment of M/s. Yogesh D. Dabholkar & Co as Secretarial Auditor of the company for a term of five consecutive years commencing from F.Y. 2025-26 to FY 2029-30, subject to the approval of the Shareholders at the ensuing AGM.
Annual Secretarial compliance report for the year ended March 31, 2025
Asian Star Company Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/05/2025 ,inter alia, to consider and approve 1. To consider and approve Audited Financial Statements (Standalone & Consolidated) of the Company for the quarter and year ended March 31, 2025. 2. To consider and recommend equity dividend for the Financial Year 2024-25, if any. 3. Any other matters with the permission of the chair.
Newspaper advertisement with regards to completion of dispatch of postal ballot notice.
Postal Ballot notice u/s 110 of Companies Act 2013 for appointment of Mrs. Trapti Mehta as Non executive Independent directors of the Company.
Format of the Annual Disclosure to be made by an entity identified as a Large Corporate.
Format of Initial Disclosure to be made by an entity identified as a Large Corporate.
Certificate under Reg. 75(5) of SEBI(DP) Reg. 2018 for the quarter ended March 31, 2025
Intimation of Trading window closure
Newspaper advertisement pertaining to financial result for the quarter and nine months ended as on December 31, 2024
Integrated filing (Financials) for the quarter ended December 31, 2024
Unaudited financials result for the quarter ended Dec 31 , 2025 along with Limited review report
1. Approved the Un-Audited Financial Statements along with Limited Review Report (Standalone & Consolidated) of the Company for the quarter ended December 31, 2024, prepared in accordance with Ind AS. 2. Upon the recommendation of the NRC Committee, Board has considered and approved, the appointment of Mrs. Trapti Jinesh Mehta (DIN: 06441209) as an Additional Director Non-Executive - Women Independent Director for term of Five years (w.e.f March 29, 2025). 3. Appointment of V. L. Tikmani & Associates, Chartered Accountants as an Internal Auditors of the Company for the financial year 2025-26 as per section 138 of Companies Act, 2013. 4. Mrs. Neha Gada (DIN: 01642373) will complete her second term as an Independent Woman Director on March 28, 2025. Consequently, she will step down from her position as Woman Independent Director of the Company, effective from the close of business on March 28, 2025.
ASIAN STAR CO.LTD.-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/02/2025 ,inter alia, to consider and approve 1. To consider and approve Un-Audited Financial Statements (Standalone & Consolidated) of the Company for the quarter ended December 31, 2024. 2. Any other matters with the permission of the chair
Certificate under reg. 74(5) of SEBI (DP) reg, 2018 for the quarter ended December 31, 2024
Intimation of Closure of trading window
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Dharmesh D Shah
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Arvind T Shah
Newspaper advertisement pertaining to financials results for the quarter ended September 30, 2024
Approved the UFR along with LRR (Standalone & Consolidate) of the Company for the quarter & half year ended Sept 30, 2024
1. Approved the Un-Audited Financial Statements (Standalone & Consolidated) along with Limited Review Report (Standalone & Consolidated) of the Company for the quarter and half year ended September 30, 2024, prepared in accordance with Ind AS
Pursuant to requirement of Regulation 30 read with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Asian Star Company has informed that the Board of Directors of the Company at its meeting held today Monday, October 28, 2024 have approved the following agenda items: Approved the Un-Audited Financial Statements (Standalone & Consolidated) along with Limited Review Report (Standalone & Consolidated) of the Company for the quarter and half year ended September 30, 2024, prepared in accordance with Ind AS. The Meeting of Board of Directors commenced at 02.00 Noon and concluded at 04:15 pm.
The above information is a part of company’s filings submitted to BSE.
ASIAN STAR CO.LTD.-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/10/2024 ,inter alia, to consider and approve Intimation of board meeting to be held on Monday, October 28, 2024
Intimation of Credit Rating by Care Rating Limited (CARE)
Certificate under Regulation 74(5) of SEBI(DP) Regulation, 2018
Intimation of Closure of Trading Window
Disclosure of voting result pursuant to Regulation 44(3) of 30th Annual General Meeting of the Company held on Monday, September 23, 2024
Consolidated scrutinizer report on remote e-voting and electronic voting at 30th Annual General Meeting of Asian Star Co. Ltd. held on Monday, September 23, 2024
The Exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Arvind T Shah
Disclosure under Regulation 7(2) of SEBI(PIT) Reg. 2015
Proceeding of 30th Annual General Meeting of the Company
Newspaper advertisement related to 30th Annual General Meeting
Business Responsibility and Sustainability report for the FY 2023-24
Notice of 30th Annual general meeting of the Company for the FY 2023-24
Annual report for the FY 2023-24
Intimation of Book closure pursuant to Regulation 42 of SEBI (LODR) Reg. 2015
Intimation of Record date as per Regulation 42 of the SEBI (LODR) Regulation, 2015
Intimation of date of Annual General meeting and Book closure pursuant to regulation 42 of SEBI (LODR) Reg. 2015 and as per Section 91 of Companies Act, 2013
Asian Star Company has informed that 30th Annual General Meeting (AGM) of the Company will be held on Monday, September 23, 2024 at 02.00 pm through Video Conferencing (VC)/ Other Audio Visual Means (OAVM). Pursuant to provision of Section 91 of the Companies Act, 2013 and Regulation 42 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, the Register of members and share transfer book of the Company shall remain closed from Tuesday, September 17, 2024 to Monday, September 23, 2024 for the purpose of payment of dividend (subject to tax deducted at source) for the financial year 2023-24 at Rs 1.50 per Equity Share of Rs 10 each, if approved by the members at the aforesaid Annual General Meeting of the Company.
Disclosure of Voting result and Scrutinizers Report on the postal ballot notice dated July 16, 2024
Proceedings of Postal Ballot notice dated July 16, 2024
Newspaper advertisement pertaining to financials result for the quarter ended as on June 30, 2024
1. Approved Un-audited financials results for the quarter ended June 30, 2024 2. Appointment of Mr. Pattanayak Bijayanand as an Additional Director w.e.f August 13, 2024 subject to shareholder approval 3. Re-appointment of Me. Jayantilal Parmar as an Director (Non-executive-Independent) -2nd term - w.e.f. November 13, 2024 till November 12, 2029 subject to shareholder approval
Approved financials unaudited result for the Quarter ended June 30, 2024 along with LRR
1.Approved the Un-Audited Financial Results (Standalone & Consolidated) along with Limited Review Report (Standalone & Consolidated) of the Company for the quarter ended June 30, 2024, prepared in accordance with Ind AS 2. Appointment of Mr. Pattanayak Bijayananda (DIN: 10715427) as an Additional Director in the category of Non-Executive - Independent Director of the Company for term of three years (w.e.f August 13, 2024), subject to approval of the shareholders of the Company 3. Re-appointment of Mr. Jayantilal Parmar (DIN: 07440353) as an Director in the category of Non-Executive - Independent Director of the Company for term of Five years w.e.f. November 13, 2024 to November 12, 2029, subject to approval of the shareholders of the Company
ASIAN STAR CO.LTD.-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/08/2024 ,inter alia, to consider and approve Intimation of Board meeting to be held on August 13, 2024 to consider and approve Un-audited Financials statement of the Company for the quarter ended June 2024
Regulation 30 (LODR) - Newspaper Advertisement of completion of Postal ballot
Postal Ballot notice under section 110 of the Companies Act, 2013 for appointment of Mr. Kunal S. Todarwal and Mr. Navtej H. Singh as a Non Executive Independent director of the Company
Certificate under Reg. 74(5) of SEBI (DP) regulation 2018 for the quarter ended June 30, 2024
Trading window for dealing in securities of the Company will remain close w.e.f July 01, 2024 till the conclusion of 48 hours after the declaration of the un-audited financial result for the quarter ended June 30, 2024
Annual Secretarial Compliance report for the year ended March 31, 2024
Newspaper advertisement pertaining to financial result for the quarter and Financial year ended as on March 31, 2024
Outcome of Board Meeting dated May 17, 2024
Cessation of Four Independent Director upon completion of 2nd term.
Appointment of Additional directors and cessation of directors upon completion of 2nd term as an Independent Director.
Recommended a Dividend of Rs. 1.50/- per equity shares of Rs. 10/- each for the FY March 31, 2024 subject to approval of Shareholders at 30th AGM.
3. Appointment of V. L. Tikmani & Associates, Chartered Accountants as an Internal Auditors of the Company for the financial year 2024-25 as per section 138 of Companies Act, 2013. 4. Appointment of Yogesh D. Dabholkar & Co., Practising Company Secretary as Secretarial Auditors of the Company for the financial year 2024-25. 5. Appointment of Mr. Navtej Hazara Singh (DIN: 07666197) as an Additional Director in the category of Non-Executive - Independent Director of the Company for term of three years ( w.e.f May 17, 2024). 6. appointment of Mr. Kunal Todarwal (DIN: 08355866) as an Additional Director in the category of Non-Executive - Independent Director of the Company. for term of three years ( w.e.f May 17, 2024). 7. The retirement of following directors mentioned below upon cessation of their second term as Independent Director w.e.f May 20, 2024 8. Reconstitution of the Committees
Asian Star Company has informed that the meeting of the Board of Directors of the Company is scheduled on 17/05/2024, inter alia, to consider and approve 1. To consider and approve Audited Financial Statements (Standalone & Consolidated) of the Company for the quarter and year ended March 31, 2024. 2. To consider and recommend equity dividend for the Financial Year 2023-24, if any. 3. Any other matters with the permission of the chair.
ASIAN STAR CO.LTD.-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 17/05/2024 ,inter alia, to consider and approve 1. To consider and approve Audited Financial Statements (Standalone & Consolidated) of the Company for the quarter and year ended March 31, 2024. 2. To consider and recommend equity dividend for the Financial Year 2023-24, if any. 3. Any other matters with the permission of the chair.
Disclosure pursuant to Regulation 30 of the SEBI(LODR) Reg. 2015 - Proceeding of Postal Ballot
Disclosure of Voting period and Scrutinizer Report on the postal ballot notice dated March 29, 2024
Certificate under Reg. 40(9) of SEBI(LODR) Regulations, 2015 for the financials year ended as on March 31, 2024
Compliances - Compliances Certificate for the period ended March 31, 2024
Newspaper advertisement for postal ballot notice
Postal Ballot Notice under section 110 of the Companies Act 2013 for appointment of Mr. Kartikeya G. Desai as Non-executive Independent Director of the Company.
Approval of Postal Ballot notice
The Board of Directors of the Company at their meeting held on Friday March 29, 2024 has, decided to seek approval of shareholders of the company through Postal Ballot by passing necessary resolutions as per the provisions of section 110 of the Companies Act, 2013 read with Rule 22 of the Companies (Management and Administration) Rules 2014 for the following matters: 1. To appoint Mr. Kartikeya Girish Desai (DIN: 06676124) as Non-Executive Independent Director of the Company Also, the board of directors of the company has approved Draft Postal Ballot Notice and has considered Friday March 22, 2024 as cut-off date for eligible shareholders for receiving the Postal Ballot Notice. The board has considered and approved the appointment of Mr. Yogesh D. Dabholkar & Co., as Practicing Company Secretary as Scrutinizer to conduct E-voting Process.
Closure of Trading window
Newspaper advertisement pertaining to financials result for the quarter and nine months ended as on December 31, 2023
Approved Unaudited financial result for the quarter ended December 31, 2023
Upon the recommendation of NRC committee the Borad has considered and approved the appointment of Mr. kartikeya G. Desai as an Additional Director in the category of Non-executive director of the Company
1. Approved the Un-Audited Financial Statements (Standalone & Consolidated) along with Limited Review Report (Standalone & Consolidated) of the Company for the quarter ended December 31, 2023, prepared in accordance with Ind AS. 2. Upon the recommendation of the Nomination and Remuneration Committee, Board has considered and approved, the appointment of Mr. Kartikeya Girish Desai (DIN: 06676124) as an Additional Director in the category of Non-Executive - Independent Director of the Company. We hereby confirm that Mr. Kartikeya Girish Desai is not debarred from holding the office of director by virtue of any order of SEBI or any other such authority.
ASIAN STAR CO.LTD.-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 06/02/2024 ,inter alia, to consider and approve To consider and approve Un-Audited Financial Statements (Standalone & Consolidated) of the Company for the quarter ended December 31, 2023.
Certificate under Reg. 74(5) of SEBI (DP) regulation for the quarter ended December 31, 2023
Unaudited Financials results (Standalone & Consolidate) for the quarter and half year ended September 30, 2023 along with Limited Review Report
Approved the Un-Audited Financial Statements (Standalone & Consolidated) along with Limited Review Report (Standalone & Consolidated) of the Company for the quarter and half year ended September 30, 2023, prepared in accordance with Ind AS.
ASIAN STAR CO.LTD.-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 07/11/2023 ,inter alia, to consider and approve 1. To consider and approve Un-Audited Financial Statements (Standalone & Consolidated) of the Company for the half year ended September 30, 2023
Compliance Certificate under Reg. 74(5) of SEBI (DP) Reg. 2018
Asian Star Company has commenced the production of Diamond Studded Jewellery at newly set up manufacturing unit located at Unit No. GJ-16, SDF-VII, SEEPZ SEZ at Andheri, Mumbai. This unit will cater to the international market.
The company is one of the world’s leading diamantaires primarily engaged in the business of diamond cutting and polishing, jewellery manufacturing and retailing. The company is also engaged in generation of electricity through wind power in India.
Asian Star Company is currently trading at Rs. 858.80, up by 54.90 points or 6.83% from its previous closing of Rs. 803.90 on the BSE.
The scrip opened at Rs. 823.55 and has touched a high and low of Rs. 858.80 and Rs. 811.00 respectively. So far 108 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 885.00 on 11-Sep-2023 and a 52 week low of Rs. 627.75 on 23-May-2023.
Last one week high and low of the scrip stood at Rs. 858.80 and Rs. 793.05 respectively. The current market cap of the company is Rs. 1318.32 crore.
The promoters holding in the company stood at 74.66%, while Institutions and Non-Institutions held 4.33% and 21.01% respectively.
Commencement of newly set up manufacturing unit located at SEEPZ-SEZ at Andheri Mumbai
Details of Voting Result as per Regulation 44(3) of the SEBI (LODR) Regulations, 2015 along with Scrutinizers Report
Outcome of 29th Annual General Meeting of Asian Star Co. Ltd.
Intimation of Trading window closure for the quarter and half year ended September 30, 2023
Submission of newspaper advertisement - Disclosure under Regulation 30 and Regulation 47 of SEBI (LODR) Reg. 2015
Intimation of Credit Rating by Care Rating Limited (CSRE)
Notice of 29th AGM for the FY 2022-23
Submission of Annual Report for the FY 2022-23
Submission of Business Responsibility and Sustainability Reporting (BRSR) for the FY 2022-23
Submission of Annual Report as per Reg. 34(1) of SEBI (LODR) Reg. 2015 for the FY 2022-23
Intimation of Record Date
Book closure date for 29th AGM of the Company
Intimation of date of Annual General Meeting & Book Closure date pursuant to Regulation 42 of SEBI (LODR) Reg. 2015 and as per Section 91 of Companies Act, 2013
1. Approved the Un-Audited Financial Statements (Standalone & Consolidated) along with Limited Review Report (Standalone & Consolidated) of the Company for the quarter ended June 30, 2023, prepared in accordance with Ind AS. 2. Tenure of appointment of Mr. Rahil V. Shah (DIN: 06811700) an Executive Director will be completed on January 17, 2024 and will be appointed as Whole time director w.e.f January 18, 2024 to December 31, 2025. 3. Fixed the remuneration of Mr. Vipul P. Shah, Managing Director & CEO of the Company for remaining of his term upto 31st December, 2025. 4. Fixed the remuneration of Mr. Arvind T. Shah, Wholetime Director & CFO of the Company for remaining of his term upto 31st December, 2025.
Newspaper Advertisement for transfer of equity shares of the Company to Investor Education and Protection fund (IEPF) Authority
ASIAN STAR CO.LTD.-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 07/08/2023 ,inter alia, to consider and approve 1. To consider and approve Un-Audited Financial Statements (Standalone & Consolidated) of the Company for the quarter ended June 2023. 2. Any other matters with the permission of the chair.
Certificate under Reg. 74(5) of SEBI (DP) regulations, 2018 for the quarter ended June 30, 2023
Initmation of Closure of Trading Window
Pursuant to Regulation 24A of SEBI (Listing Obligation & Disclosure Requirements), 2015 read with SEBI circular No. CIR/CFD/CMD1/27/2019 dated February 08, 2019; we are enclosing herewith Annual Secretarial Compliance Report for the year ended March 31, 2023 issued by M/s. Yogesh D. Dabholkar & Co. Practicing Company Secretary Firm, Dombivali (East).
Results-Financials for Audited Financials Result as on March 31, 2023
Recommended a Dividend of Rs. 1.50 per equity share of Rs. 10/- each for the financial year ended March 31, 2023 subject to the approval of the shareholders at 29th Annual General Meeting of the Company, the dividend will be paid to the shareholders within a period of 30 days from the date of AGM
1. Approved the Audited Financial Statements (Standalone & Consolidated) along with Auditors Report (Standalone & Consolidated) of the Company for the year ended March 31, 2023, prepared in accordance with Ind AS. 2. Recommended a Dividend of Rs. 1.50 per equity share of Rs. 10/- each for the financial year ended March 31, 2023 subject to the approval of the shareholders at 29th Annual General Meeting of the Company, the dividend will be paid to the shareholders within a period of 30 days from the date of AGM. 3. Appointment of V. L. Tikmani & Associates, Chartered Accountants as Internal Auditor of the Company for the financial year 2023-24 as per section 138 of Companies Act, 2013. 4. Appointment of Yogesh D. Dabholkar & Co., Practising Company Secretary as Secretarial Auditor of the Company for the financial year 2023-24.
ASIAN STAR CO.LTD.-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/05/2023 ,inter alia, to consider and approve Pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that a meeting of the Board of Directors of the Company is scheduled to be held on Monday, May 29, 2023 at the registered office of the Company to inter alia to transact the following business: 1. To consider and approve Audited Financial Statements (Standalone & Consolidated) of the Company for the quarter and year ended March 31, 2023. 2. To consider and recommend equity dividend for the Financial Year 2022-23, if any. 3. Any other matters with the permission of the chair.
Certificate under Regulation 40(9) of SEBI (LODR) Regulations 2015 for the financial year ended as on March 31, 2023
Compliance as per Regulation 57(5) of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 for the quarter ended 31st March, 2023
Compliances-Compliance Certificate for the period ended March 31, 2023
Certificate under Regulation 74(5) of Securities Exchange Board of India (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2023.
Contact details of Key Managerial Personnel as required under Regulation 30 (5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Appointment of Ms. Pujadevi R. Chaurasia as Company Secretary and Compliance officer of the Company w.e.f March 13, 2023
Intimation under Regulation 30 (2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we submit herewith Un-audited Financial Results as per IND-AS along with the Auditors Limited Review Report for the Third Quarter and the Nine months ended December 31, 2022, which were considered and approved by the Board of Directors, in its meeting held today i.e. January 30, 2023.
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 held today i.e. January 30, 2023, at 4:00 p.m. has inter-alia considered and approved the Un-audited Financial Results along with Limited Review Report for the Third Quarter and Nine months ended December 31, 2022.
ASIAN STAR CO.LTD.-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/01/2023 ,inter alia, to consider and approve Un-Audited (Standalone & Consolidated) Financial Results for the Third Quarter ended December 31, 2022. Further, as per SEBI (Prohibition of Insider Trading) Regulations, 2015 and Companys code of internal procedures and conduct for regulating, monitoring and reporting of trading by insiders, the Trading Window of the Company is closed for Designated Person (as defined in the Code) from Saturday, December 24, 2022 and shall re-open after 48 hours of declaration of financial results i.e. 01.02.2023.
Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended December 31, 2022.
Pursuant to Regulation 30 (5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the change in contact details of the Key Managerial Personnel for determining the materiality of events or information and making a disclosure to the stock exchange.
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the based on recommendations of the Nomination and Remuneration Committee, Board of directors at its meeting held today i.e. December 28, 2022, has approved the appointment of Mr. Sandeep R. Bhandari (Membership No. A40808), as Company Secretary & Compliance Officer of the Company w.e.f. December 29, 2022.
This is to inform you that as per the Internal Code of Conduct for Regulating, Monitoring and Reporting of Trades by Designated Persons under SEBI (Prohibition of Insider Trading) Regulation, 2015, the Trading Window for dealing in the securities of the Company will remain closed with effect from Saturday December 24, 2022 till 48 hours of the declaration of Unaudited Financial Results (Standalone & Consolidated) for the third quarter ended December 31, 2022 (both days inclusive).
Pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we submit herewith Un-audited Financial Results as per IND-AS along with the Auditors Limited Review Report for the Second Quarter and the half ended September 30, 2022, which were considered and approved by the Board of Directors, in its meeting held today i.e. November 9, 2022.
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 held today i.e. November 9, 2022, at 3.30 p.m. through Audio-visual means has inter-alia considered and approved the Un-audited Financial Results along with Limited Review Report for the Second Quarter and Half year ended September 30, 2022, and approved the Re-designation of Mr. Apurva Rajendra Shah as a Chairman of Audit Committee of the Company in place of Mr. Kundapur Mohanram Pai. There is no change in the composition of the committee.
ASIAN STAR CO.LTD.-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 09/11/2022 ,inter alia, to consider and approve Un-Audited (Standalone & Consolidated) Financial Results for the Second Quarter and Half Year ended September 30, 2022. Further, as per SEBI (Prohibition of Insider Trading) Regulations, 2015 and Companys code of internal procedures and conduct for regulating, monitoring and reporting of trading by insiders, the Trading Window of the Company is closed for Designated Person (as defined in the Code) from Friday, September 30, 2022 and shall re-open after 48 hours of declaration of financial results i.e. 11.11.2022.
Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the second quarter and half year ended September 30, 2022.
Asian Star Company Limited has informed BSE regarding details of Voting Results as per Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 along with the Scrutinizers Report
Proceedings of the 28th Annual General Meeting of the Company pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
This is to inform you that as per the Internal Code of Conduct for Regulating, Monitoring and Reporting of Trades by Designated Persons under SEBI (Prohibition of Insider Trading) Regulation, 2015, the Trading Window for dealing in the securities of the Company will remain closed with effect from Friday September 30, 2022 till 48 hours of the declaration of Unaudited Financial Results (Standalone & Consolidated) for the second quarter and half year ended September 30, 2022 (both days inclusive).
Pursuant to Regulation 30 of the Listing Regulations, we enclosed herewith copies of the Newspaper Advertisement regarding intimation of 28th Annual General Meeting and electronic dispatch of Notice & Annual Report 2021-22 published in Financial Express (English) and Mumbai Lakshdeep (Marathi) newspapers.
Pursuant to provision of Section 91 of the Companies Act, 2013 and Regulation 42 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, the Register of members and share transfer book of the Company shall remain closed from Saturday, 24th September, 2022 to Friday, 30th September, 2022 (both days inclusive) for the purpose of payment of dividend (subject to tax deducted at source) for the financial year 2021-2022 @ Rs. 1.50 per Equity Share of Rs. 10/- each, if approved by the members at the aforesaid Annual General Meeting of the Company.
With reference to the captioned subject matter, we wish to inform that 28th Annual General Meeting (AGM) of the Company will be held on Friday, 30th September, 2022 at 3.00 P.M. through Video Conferencing (VC)/ Other Audio Visual Means (OAVM). Pursuant to provision of Section 91 of the Companies Act, 2013 and Regulation 42 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, the Register of members and share transfer book of the Company shall remain closed from Saturday, 24th September, 2022 to Friday, 30th September, 2022 (both days inclusive) for the purpose of payment of dividend for the financial year 2021-2022 @ Rs. 1.50 per Equity Share of Rs. 10/- each, if approved by the members at the aforesaid Annual General Meeting of the Company.
Pursuant to Regulation 34 (1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, we enclosed herewith Notice of the 28th Annual General Meeting and Annual Report for 2021-2022 of the Company.
Pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we submit herewith Un-audited Financial Results as per IND-AS along with the Auditors Limited Review Report for the First Quarter ended June 30, 2022, which were considered and approved by the Board of Directors, in its meeting held today i.e. July 29, 2022.
Outcome of Board Meeting pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 held today i.e. July 29, 2022 at 3.30 p.m. through Audio-visual means has inter-alia considered and approved the Un-audited Financial Results along with Limited Review Report for the First Quarter ended June 30, 2022.
ASIAN STAR CO.LTD.-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/07/2022 ,inter alia, to consider and approve the Un-Audited Financial Results (Standalone & Consolidated) for the quarter ended June 30, 2022. Further, as per SEBI (Prohibition of Insider Trading) Regulations, 2015 and Companys code of internal procedures and conduct for regulating, monitoring and reporting of trading by insiders, the Trading Window of the Company is closed for Designated Person (as defined in the Code) from Friday, July 1, 2022 and shall re-open after 48 hours of declaration of financial results i.e 31st July, 2022.
Newspaper advertisement for transfer of equity shares to Investor Education and Protection Fund (IEPF)
Established in 1971 and headquartered in Mumbai, Asian Star Company Limited is one of the world's leading integrated diamantaires. The Company straddles the entire value chain and has a formidable presence in diamond manufacturing, jewellery manufacturing and retailing.
The Parent Company has three wholly owned foreign subsidiaries - Asian Star DMCC, Asian Star Co. Ltd (USA) and Asian Star Trading (Hong Kong) Ltd. & one jointly controlled associate Partnership Firm in India - Shah Manufacturers.
The Parent Company, its subsidiaries and jointly controlled associate are engaged in the business of diamond cutting and polishing, jewellery manufacturing and retailing. The Parent Company is also engaged in the ownership, operation and maintenance of wind turbines for generation of electricity through wind power in India
Its team of qualified and skilled artisans exhibits the finest art of manufacturing the best polished makes from rough diamonds. Its technologically advanced manufacturing set-up in Surat, India.
Wide Area Network computerization, online manufacturing processes and eco-friendly environment elevate its infrastructure to a world-class level. All processes follow stringent quality norms and its management systems confirm with ISO 9001: 2015 certified by TUV NORD.
Business area of the company
Awards and Achievements
Milestones
Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the first quarter ended June 30, 2022.
This is to inform you that as per the Internal Code of Conduct for Regulating, Monitoring and Reporting of Trades by Designated Persons under SEBI (Prohibition of Insider Trading) Regulation, 2015, the Trading Window for dealing in the securities of the Company will remain closed with effect from Friday July 1, 2022 till 48 hours of the declaration of Unaudited Financial Results (Standalone & Consolidated) for the first quarter ended June 30, 2022 (both days inclusive).
Pursuant to Regulation 23(9) of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, we enclosed herewith disclosure of Related Party Transactions, for the half year ended March 31, 2022, in revised format as per SEBI Circular No.SEBI/HO/CFD/CMD1/CIR/P/2021/662 dated 22 November, 2021.
Pursuant to regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015, we enclosed herewith disclosure in form C regarding 1200000 ( Twelve Lakhs) Equity shares acquired by Mr. Dharmesh D. Shah (Promoter & Non executive & Non-Independent Director) by way of transmission on June 09, 2022 (by virtue of Will left by my Mother Late Mrs. Nirmalaben D. Shah)
The Exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Dharmesh D Shah
Annual Secretarial Compliance report pursuant to Regulation 24A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the year ended 31st March, 2022
Asian Star Company Limited has informed BSE that the Board of Directors of the Company at its meeting held on May 30, 2022, inter alia, has recommended dividend of 15% ( Rs. 1.50 per fully paid up equity share of Rs. 10/- each) for the year ended March 31, 2022 subject to the approval of shareholders at 28th Annual General Meeting of the Company, the dividend will be paid to the shareholders within a period of 30 days from the date of AGM.
Asian Star Company Limited hereby submit the below mentioned documents which were considered and approved by the Board of Directors at its meeting held today i.e. May 30, 2022: 1. Audited financial results (Standalone & Consolidated) for the quarter and year ended 31st March, 2022; 2. Statement of Asset and liabilities; 3. Cash flow statement 4. Audit report of the Statutory auditors.
Pursuant to Regulation 30 (2) read with Schedule III of the SEBI (listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that Mrs. Sujata D. Nadgouda, Company Secretary & Compliance Officer of the Company has tendered her resignation from the post of Company Secretary and as a Key Managerial Personnel of the Company. The Company has accepted her resignation and she shall cease to be the Company Secretary w.e.f. close of working hours of June 30, 2022. Consequent to her resignation she will also cease to be Compliance Officer of the Company.
Asian Star Company Limited hereby submit the below mentioned documents which were considered and approved by the Board of Directors at its meeting held today i.e. May 30, 2022: 1. Audited financial results (Standalone & Consolidated) for the quarter and year ended 31st March, 2022; 2. Statement of Asset and liabilities; 3. Cash flow statement 4. Audit report of the Statutory auditors;
We wish to inform you that the Board of Directors of Asian Star Company Limited at their meeting held today i.e. May 30, 2022, has inter alia 1. Considered and Approved the Audited Financial Statements (Standalone & Consolidated) for the year ended March 31, 2022 and Audited Financial Result (Standalone & Consolidated) for the quarter and year ended March 31, 2022. 2. Recommended dividend of 15% ( Rs 1.50 per fully paid up equity share of Rs. 10/- each) for the year ended 31st March, 2022 subject to the approval of shareholders at the ensuing Annual General Meeting of the Company.
The Board Meeting to be held on 26/05/2022 has been revised to 30/05/2022 The Board Meeting to be held on 26/05/2022 has been revised to 30/05/2022 inter alia to consider and approve 1. Audited Financial Statement (Standalone & Consolidated) of the Company for the quarter and year ended 31st March, 2022; and 2. To consider and recommend payment of equity dividend for the Financial Year 2021-22, if any. 3. Any other matters with the permission of the chair.
Asian Star Company Ltd has informed BSE that the Meeting of the Board of Directors of the Company will be held on May 26, 2022, through Audio-Visual means as per notification issued by Ministry of Corporate Affairs, inter alia:1. To consider and approve Audited Financial Statements (Standalone & Consolidated) of the Company for the quarter and year ended March 31, 2022.2. To recommend payment of equity dividend for the Financial Year 2021-22, if any.Further, with reference to the Companys letter dated March 31, 2022 regarding Intimation for Closure of Trading Window pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 and Companys code of internal procedures and conduct for regulating, monitoring and reporting of trading by insiders, the Trading Window of the Company is closed for Designated Person (as defined in the Code) from March 31, 2022 and shall re-open after 48 hours of declaration of the Financial Results i.e. May 28, 2022.
ASIAN STAR CO.LTD.-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/05/2022 ,inter alia, to consider and approve 1. To consider and approve Audited Financial Statements (Standalone & Consolidated) of the Company for the quarter and year ended 31st March, 2022; and 2. To consider and recommend payment of equity dividend for the Financial Year 2021-22, if any. 3. Any other matters with the permission of the chair. Further, with reference to our letter dated 31st March, 2022 regarding Intimation for Closure of Trading Window pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 and Companys code of internal procedures and conduct for regulating, monitoring and reporting of trading by insiders, the Trading Window of the Company is closed for Designated Person (as defined in the Code) from 31st March, 2022 and shall re-open after 48 hours of declaration of the Financial Results i.e. 28th May, 2022.
Pursuant to Regulation 40(10) of Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Please find enclosed herewith Certificate dated April 26, 2022 issued by a Practicing Company Secretary for the year ended 31st March, 2022
Certificate under Regulation 7(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the year ended March 31, 2022.
Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 quarter ended March 31, 2022.
Disclosure under Regulation 31(4) of SEBI (SAST) Regulations, 2011
Intimation for Closure of Trading Window
Pursuant to regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015, we enclosed herewith disclosure in form C regarding 1000050 shares acquired by Mr. Dharmesh D. Shah (Promoter & Non executive & Non-Independent Director) by way of transmission on March 21, 2022 (by virtue of Will left behind by Late Mr. Dinesh T. Shah)
Please find enclosed herewith disclosure received from Mr. Dharmesh D. Shah, Non Executive-Non Independent Director and Promoter of the Company, made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011.
Asian Star Co has informed that the exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Dharmesh D Shah.
Asian Star Company has informed that the exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Dharmesh D Shah.
Pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we submit herewith Un-audited Financial Results as per IND-AS along with the Auditors Limited Review Report for the Third Quarter and Nine Months ended December 31, 2021, which were considered and approved by the Board of Directors, in its meeting held on February 2, 2022
Pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we submit herewith Un-audited Financial Results as per IND-AS along with the Auditors Limited Review Report for the Third Quarter and Nine Months ended December 31, 2021, which were considered and approved by the Board of Directors, in its meeting held today i.e. February 2, 2022
Outcome of Board Meeting pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 held today i.e. February 2, 2022 at 3.30 p.m. through Audio-visual means has inter-alia considered and approved the Un-audited Financial Results along with Limited Review Report for the Third Quarter and Nine Months ended December 31, 2021.
ASIAN STAR CO.LTD.-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 02/02/2022 ,inter alia, to consider and approve the Unaudited (Standalone & Consolidated) Financial Results of the Company for the Third Quarter and Nine Months ended December 31, 2021.
Asian Star Company Ltd has submitted to BSE the Shareholding Pattern for the Period Ended December 31, 2021. For more details, kindly Click here
We are enclosing herewith the Certificate under Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018 for quarter ended December 31, 2021.
Pursuant to Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, Asian Star Company has informed that 27th Annual General Meeting (AGM) of the Company was held on Wednesday, September 22, 2021 at 3.15 pm through Video conferencing (VC)/ Other Audio-Visual Means (0AVM). It enclosed summery of proceedings of the 27th Annual General Meeting of the Company.
Asian Star Company has informed that the Meeting of the Board of Directors of the Company will be held on Tuesday, February 9, 2021 at 3.00 pm through Audio-Visual means as per the notification issued by Ministry of Corporate Affairs, to consider the following business matters: Un-Audited (Standalone & Consolidated) Financial Results for the 3rd quarter and nine months ended December 31, 2020 and any other matters with the permission of the chair. Further, as per SEBI (Prohibition of Insider Trading) Regulations, 2015 and Company's code of internal procedures and conduct for regulating, monitoring and reporting of trading by insiders, the Trading Window of the Company is closed for Designated Person (as defined in the Code) from 1st January, 2021 and shall re-open after 48 hours of declaration of the Financial Results.
Asian Star Company has informed that the meeting of the Board of Directors of the Company will be held on Thursday, July 30, 2020 at 11.30 AM through Audio-Visual means as per the notification issued by Ministry of Corporate Affairs, to consider the following business matters; To Consider and approve Audited Financial Statements (Standalone & Consolidated) of the Company for the quarter and Year Ended 31st March, 2020; To Recommend payment of equity dividend for the Financial Year 2019-2020, if any; and any other matters mentioned in pdf with the permission of the chair. Further, as per SEBI (Prohibition of Insider Trading) Regulations, 2015 and Company's code of internal procedures and conduct for regulating, monitoring and reporting of trading by insiders, the Trading Window is closed for Designated Person (as defined in the Code) from April 1, 2020 and shall re-open after 48 hours of the declaration of the Financial Results.
Asian Star Company has resumed the operations at factory/unit located at Hosur, Tamil Nadu with 50% workforce with effect from June 8, 2020.
Asian Star Company is engaged in the business of diamond processing, jewellery manufacturing and retailing. Company is one of the world's leading diamantaires and a Diamond Trading Company (DTC) Sightholder that is recognition for consistent and quality rough supply.
Asian Star has reported results for the fourth quarter and year ended March 31, 2018.
The company has reported a fall of 13.06% in its net profit at Rs 13.25 crore for the quarter ended March 31, 2018 as compared to Rs 15.24 crore for the same quarter in the previous year. Total income of the company decreased by 19.66% at Rs 673.29 crore for quarter under review as compared to Rs 838.07 crore for the quarter ended March 31, 2017.
On consolidated basis, the company has reported a rise of 58.99% in its net profit at Rs 23.26 crore for the quarter ended March 31, 2018 as compared to Rs 14.63 crore for the corresponding quarter in the FY17. However, total consolidated income of the company decreased by 16.62% at Rs 881.90 crore for quarter under review as compared to Rs 1057.71 crore for the same quarter ended previous year.
For the year ended March 31, 2018, the company has posted a fall of 19.87% in its net profit of Rs 35.64 crore as compared to Rs 44.48 crore for the previous year. However, total income of company increased marginally by 1.20% at Rs 2737.61 crore for year under review as compared to Rs 2705.07 crore for the year ended March 31, 2017.
For the year ended March 31, 2018, on the consolidated basis, the company has posted a rise of 65.31% in its net profit at Rs 109.19 crore as compared to Rs 66.05 crore for the same period in the previous year. Total income of company increased by 11.77% at Rs 3913.26 crore for year under review as compared to Rs 3501.03 crore for the year ended March 31, 2017.
Asian Star Company has informed about disclosure of Voting Results of the National Company Law Tribunal Convened Meeting of the Equity Shareholders of the Company held on March 12, 2018.
Asian Star Company has informed about Certificate Under Regulation 40 (9) of the SEBI (LODR), Regulations, 2015.
Asian Star Company has received an approval from Securities and Exchange Board of India (SEBI) for its acquisition of 5% equity shares in Indian Commodity Exchange (ICE).
Asian Star Company is engaged in the business of diamond processing, jewellery manufacturing and retailing.
Asian Star Company has informed that the Board of Directors of the Company at its meeting held on May 24, 2017, has recommended Dividend of Rs 1.50 (i.e. 15%) per share of Rs 10 each fully paid up, subject to the approval of shareholders.
Asian Star Company has informed about Quarterly Statement on Investor Complaints / Grievances Redressal Mechanism for the Quarter ended December 31, 2016, under Regulation 13(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Asian Star Company has informed that a meeting of the Board of Directors of the Company will be held on May 19, 2016, to consider the Audited financial Results for the quarter and financial year ended March 31, 2016; and Recommendation of dividend, if any, for the financial year ended March 31, 2016. Further, as per SEBI (Prohibition of Insider Trading) Regulations, 2015 and Company’s code of internal procedures and conduct for regulating, monitoring and reporting of trading by insiders, the Trading Window of the Company shall remain close for Designated Person (as defined in the Code) from May 11, 2016 to May 21, 2016 for the purpose of declaration of Audited Financial Results for the quarter and year ended on March 31, 2016.
Asian Star Company has informed about quarterly Statement on Investor Complaints / Grievances Redressal Mechanism for the Quarter ended December 31, 2015, under Regulation 13(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Asian Star Company has informed about the details of Voting results at the 21st Annual General Meeting (AGM) of the Company held on September 09, 2015, under Clause 35A.
Asian Star Company has informed that the Meeting of the Board of Directors of the Company will be held on August 12, 2015, to consider the Un-Audited financial Results for the quarter ended June 30, 2015. Further, as per SEBI (Prohibition of Insider Trading] Regulations, 2015 and Company’s code of internal procedures and conduct for regulating, monitoring and reporting of trading by insiders, the Trading Window of the Company is shall remain close for Designated Person [as defined in the Code) from August 04, 2015 to August 14, 2015 for the purpose of approval of Unaudited Financial Results for the quarter ended June 30, 2015.
Asian Star Company has informed about the Financial Results for the period ended March 31, 2014.
Asian Star Company has submitted the disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992.
Asian Star Company has informed about the Financial Results & a copy of the Limited Review Report for the period ended December 31, 2013.
The above information is a part of company’s filings submitted to BSE
Asian Star Company has informed that the following Directors have been appointed in the Board Meeting dated January 17, 2014. Shri M.R. Nayak - Independent Director and Shri Rahil V. Shah - Executive Director
Asian Star Company has informed regarding the details of Voting results at the 19th Annual General Meeting of the Company held on September 19, 2013, under Clause 35A.
Asian Star Company has informed that the board of directors of the company has fixed the July 21, 2012 as the record date for the issue of bonus shares in the proportion of 1 fully paid up bonus share of face value of Rs. 10 each for every 2 existing fully paid up equity shares of Rs. 10 each held by them as on the record date.The above information is a part of company's filings submitted to BSE.
Asian Star Company is currently trading at Rs. 1001.00, up by 4.85 points or 0.49% from its previous closing of Rs. 996.15 on the BSE.
The scrip opened at Rs. 1040.00 and has touched a high and low of Rs. 1040.00 and Rs. 1001.00 respectively.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1414.00 on 25-Jul-2011 and a 52 week low of Rs. 779.10 on 18-May-2012.
Last one week high and low of the scrip stood at Rs. 1040.00 and Rs. 943.95 respectively. The current market cap of the company is Rs. 1068.19 crore.
The promoters holding in the company stood at 74.97% while Institutions and Non-Institutions held 4.47% and 20.56% respectively.
Asian Star Company has informed that the board of directors of the company has fixed the July 21, 2012 as the record date for the issue of bonus shares in the proportion of 1 fully paid up bonus share of face value of Rs. 10 each for every 2 existing fully paid up equity shares of Rs. 10 each held by them as on the record date.
The company is engaged in the business of diamond processing, jewellery manufacturing and retailing. Company is one of the world's leading diamantaires and a Diamond Trading Company (DTC) Sightholder that is recognition for consistent and quality rough supply.
Asian Star Company has informed that a meeting of the board of directors of the company will be held on May 30, 2011, to consider and take on record the audited consolidated financial results for the quarter and financial year ended March 31, 2011 and recommend dividend, if any.
The above information is part of the company’s filing submitted to the BSE.
Asian Star Company is currently trading at Rs1077.00, up by 2.50 points or 0.23% from its previous closing of Rs 1074.50 on the BSE.
The scrip opened at Rs. 1080.00 and has touched a high and low of Rs. 1096.00 and Rs. 951.00 respectively. So far 1404 shares were traded on the counter.
The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs. 1579.00 on 06-Apr-2011 and a 52 week low of Rs. 787.00 on 02-Feb-2011.
Last one week high and low of the scrip stood at Rs. 1161.00 and Rs. 1046.70 respectively. The current market cap of the company is Rs. 1149.29 crore.
The promoters holding in the company stood at 74.97% while Institutions and Non-Institutions held 4.50% and 20.54% respectively.
Asian Star Company has incorporated a wholly owned subsidiary (WOS) in HongKong in the name of -- Asian Star Trading (Hong Kong) -- to expand the business of Diamonds and Jewellery in that region.
The company is one of the world's leading diamantaires and a Diamond Trading Company Sightholde, engaged in the business of diamond processing, jewellery manufacturing and retailing. It is one of the world’s leading diamantaires and a Diamond Trading Company (DTC) Sight holder that is recognition for consistent and quality rough supply.
After gaining 14.46% in the previous session, Asian Star Company has continued its positive momentum even today. The scrip is currently trading at Rs 1648 per share, up 99.65 points or 6.44% on the BSE.
The stock opened at Rs 1560 as compared to its previous close of Rs 1548.35. Intraday, the counter touched a high and a low of Rs 1720 and Rs 1560, respectively.
So far, 10,563 shares of the company were traded on the BSE.
The stock has touched its 52-week high of Rs 1749 on September 29, 2009 and a 52-week low of Rs 753 on March 2, 2009.
The stock has gained 8.01% since past one week and 25.15% since past one month.
Asian Star Company has said that the board of the company has proposed dividend on equity at Rs 2 per share of Rs 10 each for 2008-09.
Asian Star declared a net profit increae of 20.32%, to Rs 22.56 crore for the first half of the current fiscal, against Rs 18.75 crores in thesame period previous year.
Net Sales of the company went up by 12%, to Rs. 720.34 crore from Rs 642.91 crore in the corresponding previous period.
Asian Star Company board, at its meeting held on June 17, 2008, has recommended dividend of Rs 2 on 10,671,200 equity shares of Rs 10 each for the year ended March 31, 2008. The board has also proposed a dividend of Rs 0.30 on 2,52,00,000 redeemable cumulative preference shares of Rs 10 each.
Asian Star Company, a manufacturer, exporter and supplier of jewellary, has launched its first jewellery retail outlet named 'Shagun Jewels' in Hyderabad.
The outlet, targeted at modern Indian women, will have a range of 2,500 different designs of gold and diamond jewellary in the price range of Rs 10,000-5,00,000.
The company will soon open a chain of jewellary outlets in different cities of the country.