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INDIA RESOURCES LIMITED (IRL)

Delisted from ASX 28/08/2019

SHARE PRICES

(updated at weekends)

Former (or subsequent) names

 

Shareholder links

Our website ranking of IRL: rating 3
(3 out of 5)
COMPANY WEBSITE:

 

REGISTRY:
Computershare, Level 11, 172 St Georges Terrace, Perth WA 6000
Tel : +61 (0)3 9415 4000 or 1300 850 505 (within Australia)
Fax : +61 3 9473 2500
RegistryWebsite RegistryEmail

Company details

Address: Level 1, 18 Kings Park Road West Perth WA 6005
Tel:  08 9327 7444 Fax: 08 9327 7499

Date first listed: 06/06/2007
Company Secretary: David Human, Mousumi Choudhury (Asst. Co. Secretary)
Sector: Materials
Industry Group: XMJ
Activities: Exploration of various metal groups in India
OFX Transferring Money Internationally to Free

Shareholders in this company should consider crystallising a capital loss in 2020/21 by selling their worthless shares, which they can achieve online by entering transaction details here. While this usually makes good economic sense, we recommend you seek professional advice before buying or selling securities, your accountant is probably the best person.

13/08/2020

delisted from the close of trading on Wednesday, 28 August 2019 pursuant to Listing rule 17.15.

28/08/2019

we understand this company is in administration and failed to pay its annual listing fee on due date and ASX has accordingly removed it from the official list

28/08/2019

The company has not paid their annual listing fees in respect of the year ending 30 June 2020 but the securities are already suspended from official quotation.

22/08/2019

The deed administrator releases a letter to its shareholders. The administrator sought additional extensions in respect of both the AGM extension and the deferral period to 31 May 2019 and 2 May 2019 respectively for both the 2017 and 2018 AGM. On 29 October 2018, ASIC granted the additional extensions.

30/10/2018

Following a scheduled ASX internal system change affecting the Market Announcements Platform, it has been necessary to re-apply the "˜Suspend' session state. This announcement serves to re-confirm the securities of this entity remain suspended.

06/08/2018

On 24 May 2018, ASIC granted the company's request for additional extensions in respect of both the AGM and deferral period to 30 November 2018 and 2 November 2018, respectively.

25/05/2018

The company provides an update. On 4 December 2017, ASIC granted the extension of the deferral relief period. On the same date, ASIC also approved the AGM Extension.

06/12/2017

On 28 November 2017, the DOCA was executed.

29/11/2017

At the meeting of creditors, creditors voted in favour of the company executing a DOCA with AvidSys.

13/11/2017

The company and AvidSys have mutually elected not to continue with the transaction. AvidSys has proposed a DOCA to be put to the company's creditors at the second meeting of creditors on 10 November 2017.

03/11/2017

On 21 October 2017, the company entered into a binding heads of terms with AvidSys in respect of the sale of all of the issued capital in India Resources Holdings Pty Ltd. The Transaction is conditional upon formal agreements being executed by 8 November 2017 (or such later date as agreed by the Company and AvidSys).

24/10/2017

Under listing rule 17.6, any entity (if not already suspended) that had not paid its annual listing fees by close of business on Monday 21 August 2017 will have its securities suspended from official quotation before the commencement of trading on Tuesday 22 August 2017. The company has failed to pay to ASX Limited the annual listing fees in respect of the year ending 30 June 2018 and consequently will have its securities suspended from quotation immediately.

22/08/2017

On 29 June 2017, the Supreme Court of Western Australia approved the company's application for an extension to the convening period for the second meeting of creditors. The Court has allowed the Administrators until 3 November 2017 to convene the second meeting of creditors at which time the future of the Company will be determined. The extension was also unanimously approved at the first meeting of creditors held on 15 June 2017.

30/06/2017

Vaughan Neil Strawbridge and Jason Tracy of Deloitte Financial Advisory Pty Ltd were today appointed Joint and Several Voluntary Administrators of the Company. They are currently examining the Company's trading position with a view to assessing its future viability and whether a sale as a going concern or a recapitalisation can be achieved. The appointment of Administrators is limited to India Resources Limited only and does not immediately affect India Resources Limited's Australian or Indian subsidiaries which remain under the control of those companies' respective directors.

05/06/2017

The company advises of the termination of the Surda contract with Hindustan Copper Limited.

02/06/2017

The Directors of IRL wish to inform shareholders and the market that on occasions in recent months in relation to the Surda copper mine, including this month, strikes by mine, processing plant and construction project workers have caused all the operations to be suspended during the strike.

19/05/2017

The company lodges its quarterly activities and cash flow report.

26/04/2017

Hindustan Copper Limited (HCL) has proposed to extend the contract by nine months with effect from 1 April 2017. HCL has informed the Company that reimbursement of exceptional wages increases, resulting from the recent Government of India revision of minimum wages, is under consideration. Their decision will be informed in due course. The Company is in the process of analysing this offer from HCL and will provide a further update when available.

24/03/2017

The company lodges its half year accounts.

16/03/2017

The Revision Authority in the Ministry of Mines, Government of India conducted a hearing in early February 2017 in relation to the Revision filed by Hindustan Zinc Limited (HZL) against the Government of Rajasthan (GOR). HZL has prayed the Revision Authority to quash the rejection order issued by GOR for rejection of two applied HZL's Prospective Licences (PL) 23/93 and 24/93 and also quash the order passed by GOR to process the applied Mining Licence (ML) 87/2008 (Aravalli ML) by Crown Mining Pvt Ltd. (CMPL). CMPL is a subsidiary of the Company.

27/02/2017

The company lodges its Quarterly activities and cash flow report.

30/01/2017

All resolutions proposed at the annual general meeting of shareholders of India Resources Limited held on 16 December 2016, were passed without amendment. All resolutions were decided on a show of hands.

16/12/2016

The company releases the AGM presentation.

16/12/2016

Notice is hereby given that the tenth annual general meeting of shareholders of India Resources Limited will be held at the offices of BDO, 38 Station Street, Subiaco, Western Australia on Friday, 16 December 2016 at 10.00 a.m.

15/11/2016

The company releases its Appendix 4G - corporate governance disclosures.

31/10/2016

The company lodges its 2016 Annual Report.

31/10/2016

The company lodges its quarterly activities and cash flow report.

31/10/2016

The companyi issues a response to ASX Financial Condition Query.

18/10/2016

The company lodges its annual financial statements.

03/10/2016

The securities of India Resources Limited (the "Company") will be suspended from official quotation immediately, pending the release of an announcement.

23/08/2016

listed entity carried for record purposes only

06/06/2007

ASX Announcements (courtesy of ASX)

 

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The company is escaping from his liabilty made india. Higher mangement is a law breaker. they wanted grab every legal entitlement of worker and emplyoees.

19/07/2020 07:08:03

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    Directors' on-market share transactions (last 5)

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    Purchases Sales

    DATEDIRECTORNATURENUMBERPRICEAMOUNT
    01/12/2014David HumannOn market216,667$0.006$1,300
    27/11/2014David HumannOn market3,783,333$0.006$22,700
    06/10/2014Arvind MisraOn market750,000$0.006$4,520
    23/12/2013Andrew SimpsonOn market1,769,805$0.007$12,389
    20/12/2013Andrew SimpsonOn market1,490,000$0.007$10,430

    Click here for the last 20 transactions all companies

    Directors & Executives (current)

    NAMETITLEDATE OF APPT
    Arvind MisraManaging Director08/02/2008
    David HumannNon Exec Director22/07/2010

    Date of first appointment, title may have changed.

    Directors & Executives (former)

    NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION
    Andrew SimpsonNon Exec Chairman21/08/200607/10/2016
    Craig ReadheadNon Exec Director06/02/200729/08/2012

    Date of first appointment, title may have changed.