Company’s Philosophy on Corporate Governance

 

The Company’s endeavor is to maximize shareholder value. Expo is committed to adopt the best governance practices and its adherence in true spirit at all times.  It has strong legacy of fair, transparent and ethical governance practices.

 

The Company has adopted a code of conduct which is applicable to all employees and is posted on the website of the Company. The Company also has in place a code for preventing insider trading.

 

The Company is fully compliant with the requirements of the listing agreements and applicable corporate governance norms and is committed to ensuring compliance with all modifications within the prescribed time.

 

 

Listing Details:

 

The Company is listed only with Bombay Stock Exchange having stock code number as 526614. The Company has paid the Annual Listing Fees to Bombay Stock Exchange for the year 2010-11.

 
Market price Data: High/Low during each month for the year ended 31st March 10

 

Month

Mumbai Stock Exchange

 

Month’s High (Rs.)

Month’s Low (Rs.)

No of Shares traded

April 2009

09.05

4.91

212209

May 2009

10.05

7.23

330201

June 2009

13.00

10.00

514650

July 2009

11.49

8.00

438163

August 2009

13.62

9.00

432874

September 2009

16.35

12.00

464694

October 2009*

Trading was suspended on account of reduction of the face value from Rs. 10/- to Rs. 4/- per share.

November 2009

15.43

8.32

93941

December 2009

14.05

8.75

477687

January 2010

15.90

10.59

1193319

February 2010

15.40

10.00

502835

March 2010

23.45

10.76

2183389

Registrar and Share Transfer Agents: -

                             

Adroit Corporate Services Pvt. Ltd.

Contact Person: - Shri. S. Shetty

19, Jaferbhoy Industrial Estate, 1st Floor,

Makwana Road, Marol Naka, Andheri (E)

Mumbai - 400 059

Tel No: 28594442, 28594428   Fax No: 28503748

 

Share Transfer System:

 

The Share transfer which are received in physical form are processed and the share certificate are returned within a period of 15-20 days from the date of receipt, subject to the documents being valid and complete in all aspects as the company is doing.

 

Shares held in the dematerialized form are electronically traded in the Depository. Physical Shares received for dematerialization are processed and completed within a period of 15 days from the date of receipt, provided they are in order in every respect. Bad deliveries are immediately returned to the Depository Participants under advice to the Shareholders. 

 
Shareholding Pattern as on 31-03-2010

Sr. no.

Name

No. of shares

% of paid up capital

1

Promoters, Relatives and Person acting in concert

1570875

20.17

2

Foreign Institutional Investors

0

0

3

Financial Institutions & Banks

0

0

4

NRI

515662

6.62

5

Mutual Funds and UTI

400

0.01

6

Private Corporate Bodies

688910

8.85

7

Public and others

5010553

64.35

 

TOTAL

7786400

100

 

                                   Distribution of Shareholding as on 31-03-2010         

Shareholding of Nominal Value (Rs.)

No. of Shareholders

No. of Shares

Total

% of shareholders

Total

% of share capital

Upto     500

7566

83.13

1349361

17.33

501 to 1000

761

8.36

669077

8.59

1001 to 2000

364

4.00

585927

7.53

2001 to 3000

122

1.34

325554

4.18

3001 to 4000

56

0.62

205664

2.64

4001 to 5000

66

0.73

317588

4.08

5001 to 10000

81

0.89

634475

8.15

10001 to 999999

85

0.93

3698754

47.50

Grand Total

9101

100.00

7786400

100.00

 

Dematerialization of Shares

As on 31.03.2010, out of 7786400 shares of the Company, 5910745 shares, which constitute  75.91  % of share capital of the Company stands dematerialized.

 

Description

ISIN NO

Depositories

Fully paid

INE561D01025

1. National Securities Depository Ltd. (NSDL)

2. Central Depository Services (India) Ltd. (CDSL)

 

Plant Location: -

Expo Gas Containers Limited

A/10, MIDC, Murbad,

Dist. Thane 421 401 

 

Address for Correspondence: -

For Investor Correspondence: -

                                    Registrar and Share Transfer Agents: -

Expo Gas Containers Limited                                     Adroit Corporate Services Pvt. Ltd.

Expo House, 150 Sheriff Devji Street,                 19,Jaferbhoy Industrial Estate,

Mumbai – 400 003                                             1st Floor, Makwana Road, Marol Naka, Andheri (E), Mumbai - 400 059.

Tel: - 40339600                                                 Tel No:-  28594442, 28594428

Fax : 23401635                                                  Fax No:- 28503748