March 21, 2018
Philips India- Compulsory Buy Back @ Rs.560
for more , please click
Philips India is demerging its Lighting Business into a separate Company Philips Lighting India Limited.
Record Date : 08/04/2016
1 share of Philips Lighting India ( free ) for every 1 share of Philips India
Shares of Philips Lighting and Philips India are Unlisted
Philips India delisted in 2004 at the Exit Price of Rs.105.
August 14, 2009
Philips Electronics India Limited
Registered Office :
7, Justice Chandra Madhab Road,
Established in 1930 , this iconic holder of the brand " PHILIPS " is synonymous with electrical lighting in India.
Originally incorporated in 1930 as Philips Electrical Co. ( India ) Limited
in 1956- name changed to Philips India Private Limited
In 1957 name changed to Philips India Limited
In 1979 ( FERA times ) name changed to PeicoElectronics & Electricals Limited
In 1993- Philips India Limited
Finally in 2005- Philips Electronics India Limited
These numerous name changes mirror the changing product-ownership-business environment times in India.
From FERA dilution times of 1970s the Company has , at present , come a full circle to nearly a private limited company.
At present nearly 96% equity is with the promoters , the renowned Dutch Multinational Philips Group -Koninklijke Philips Electronics .
The share is, however , unlisted and illiquid.
The Company produces lamps & Luminaries ' audio , video Multimedia and domestic appliances , Medical Diagnostic and related software development.
It has a share capital of Rs. 63 crore. Book Value Rs.139. Profit after tax Rs. 135 crore giving an EPSof Rs. nearly Rs. 20. Its financial year ends 31 December. For the year ending 31-12-08 the gross sales were Rs. 3142 crore.
It the iconic brand name " Philips " and which every Indian identifies it with quality electrical / electronic products that makes this share a collector's item.
Philips Electronics India Ltd - Annual Report 2013
Sales : Rs. 5412 cr
Gross Profit : Rs. 186 cr
Net Profit : Rs. 123 cr
Dividend : 20- %
EPS : Rs. 21 / 35 p
EGM : 20 /09 / 13 , Kolkata 11 AM
Book Closing : 10-09-13 TO 20-09-13
As on 31-03-13
Share Capital Rs. 57 cr , 50 Lakh ( Rs. 10 Paid)
Reserves Rs. 1049 cr 50 lakh
New Name of the Company : PHILIPS INDIA LIMITED
General Warning : Investment in Shares Can be Injurious to Your WEALTH
Caution :The blog writer has personal/ family members' holdings in this Company , so please make suitable "provisions " for likely over optimism
( NB : All information given in good faith. Please recheck all facts before taking any investment decision.
. No responsibility taken by this author / blog . )