HB Stockholdings Ltd Company History

HB Stockholdings Limited has informed that the Board of Directors of the company at its meeting held on May 21, 2003 has re-appointed Mr J M L Suri as Executive Director of the Company for a further period of 5 years w.e.f. June 1, 2003 subject to the approval of shareholders in the ensuing Annual General meeting

HB Stockholdings Limited has informed that subsequent to the application made by the company for delisting of the equity shares of the company to the stock exchanges at Delhi, Ahmedabad, Chennai and Kolkata, the Company is in receipt of an intimation from Delhi Stock Exchange Association Ltd. that the equity shares of the company stand delisted from Delhi Stock Exchange w.e.f. December 29, 2003.

The company has received intimation from Mr. H C Bhasin, Chairman, regarding acquisition of 101,209 equity shares of the Company. The details are as follows: 1) On March 01, 2004, shares acquired - 50077; 2) On March 03, 2004, shares acquired - 29078; 3) On March 04, 2004, shares acquired - 17512; 4) On March 05, 2004, shares acquired - 4542.

Delist securities from the Madras Stock Exchange Ltd (MSE) w.e.f. March 16, 2005.

HB Stockholdings Ltd has appointed Mr. Vijay Sood as Additional Director of the Company and also as Managing Director of the Company for a period of 3 years

The Board of Directors have nominated Mr. Vijay Sood, Managing Director of the Company as Chief Executive Officer (CEO).

The Company increased its stake in DCM Shriram Industries Ltd. (a company whose Equity shares are listed at BSE - Stock Code 523369) to 35,23,143 Equity Shares comprising 23.03% of it total Equity.

The Company appointed Mr. Vijay Sood as Managing Director of the Company.

HB Stockholdings has recommended dividend at the rate of Re. 1/- per Equity Shares (i.e. 10%).