May 25, 2017 6:14 AM ET

Independent Power and Renewable Electricity Producers

Company Overview of Advance Metering Technology Limited

Company Overview

Advance Metering Technology Limited manufactures and sells energy meters and devices for smart grid, and metering solutions in India and internationally. The company operates through Meter & Others and Power Generation segments. It also generates electricity from wind, bio-fuels, and solar energy. In addition, the company provides energy audit services in the areas of electrical energy audit, thermal energy audit, thermography of LT and HT system, power quality analyses, and water audit and conservation for industries, hospitality and IT sectors, BPOs and malls, and office buildings. Advance Metering Technology Limited was founded in 2011 and is based in Noida, India.

B-189, Phase II

Noida,  201305

India

Founded in 2011

Phone:

91 12 0453 1400

Fax:

91 12 0453 1402

Key Executives for Advance Metering Technology Limited

Chairman and Managing Director
Age: 69
Total Annual Compensation: 7.5M
Executive Director
Age: 36
Total Annual Compensation: 6.0M
Executive Director
Age: 39
Total Annual Compensation: 6.0M
Assistant Vice President of Corporate Affairs, Compliance Officer and Company Secretary
Total Annual Compensation: 2.2M
Compensation as of Fiscal Year 2016.

Advance Metering Technology Limited Key Developments

Advance Metering Technology Limited To Be Delisted From National Stock Exchange of India

Advance Metering Technology Limited filed an application for voluntarily delisting of its equity shares of the company from the National Stock Exchange of India Limited (NSE) on February 23, 2017 pursuant to Regulation 6 and 7 of Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009 as amended. NSE has withdrawn (delist) the dealing of the securities of the company with effect from April 24, 2017. The equity shares of the company shall continue to be listed on Bombay Stock Exchange having nationwide trading terminals.

Advance Metering Technology’s Board Meeting Approves Delisting Of Securities From National Stock Exchange

Advance Metering Technology Ltd announced that the Board of Directors of the company at its meeting held on February 13, 2017, has approved delisting of Securities from National Stock Exchange.

Advance Metering Technology Limited Reports Unaudited Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2016

Advance Metering Technology Limited reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2016. For the quarter, the company reported net sales/income from operation (net) of INR 55.259 million compared to INR 23.968 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 31.792 million compared to INR 26.343 million a year ago. Loss from ordinary activities before tax was INR 36.302 million compared to INR 13.949 million a year ago. Net loss for the period was INR 36.302 million compared to INR 13.949 million a year ago. Basic and diluted share before and after extraordinary items was INR 2.26 compared to INR 0.87 a year ago. For the nine months, the company reported total income from operation (net) of INR 203.900 million compared to INR 164.774 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 32.712 million compared to INR 58.422 million a year ago. Loss from ordinary activities before tax was INR 32.518 million compared to INR 54.203 million a year ago. Net loss for the period was INR 32.518 million compared to INR 54.203 million a year ago. Basic and diluted share before and after extraordinary items was INR 2.03 compared to INR 3.38 a year ago.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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