October 22, 2016 9:15 PM ET

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Company Overview of Sarthak Industries Ltd.

Company Overview

Sarthak Industries Limited manufactures and sells LPG cylinders for oil and private companies in India. The company operates through two segments: Cylinders and Merchant Trading. The Cylinders segment manufactures and repairs LPG cylinders. The Merchant Trading segment is involved in the trade of land, skimmed milk powder, coal, and various other commodities. The company was formerly known as Avanti LPG (India) Limited. Sarthak Industries Limited was incorporated in 1982 and is based in Indore, India.

214, Trade Centre

South Tukoganj

Indore,  452001


Founded in 1982

31 Employees


91 73 1252 4399

Key Executives for Sarthak Industries Ltd.

Chief Financial Officer and Member of Risk Management Committee
Whole-Time Director, Chairman of Risk Management Committee, Member of Audit Committee and Member of Stakeholders' Relationship Committee
Age: 65
Compliance Officer and Company Secretary
Compensation as of Fiscal Year 2016.

Sarthak Industries Ltd. Key Developments

Sarthak Industries Ltd., Annual General Meeting, Sep 30, 2016

Sarthak Industries Ltd., Annual General Meeting, Sep 30, 2016, at 11:00 Indian Standard Time. Location: Room No. 4, Anna Bhuvan, 3rd Floor 87C Devji Ratansi Marg, Dana Bunder Mumbai- (MH) ­ 400009 India Agenda: To consider and adopt the audited financial statements of the company for the financial year ended March 31, 2016 together with the report of the directors and auditors thereon; to consider and appoint a director in place of Ms. Deepika Arora who retires by rotatio and being eligible offers herself for re-appointment; to consider and M/s Ashok Khasgiwala & Company, chartered accountants, retiring auditors, as statutory auditors of the company; and to consider other matter also.

Sarthak Industries Ltd., Board Meeting, Sep 03, 2016

Sarthak Industries Ltd., Board Meeting, Sep 03, 2016. Agenda: To fix day, time and place of the annual general meeting for the financial year ended on March 31, 2016 and other connected matters; and to fix the date of closure of registers of members and share transfer books of the company.

Sarthak Industries Ltd. Reports Unaudited Standalone Earnings Results for the First Quarter Ended June 30, 2016

Sarthak Industries Ltd. reported unaudited standalone earnings results for the first quarter ended June 30, 2016. For the quarter, net sales/income from operation was INR 97.861 million against INR 159.828 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 0.510 million against INR 0.361 million a year ago. Profit from ordinary activities before tax was INR 2.342 million against INR 1.811 million a year ago. Net profit was INR 1.532 million or INR 0.22 per basic and diluted share before and after extraordinary items (not annualized) against INR 1.045 million or INR 0.015 per basic and diluted share before and after extraordinary items (not annualized) a year ago.

Recent Private Companies Transactions

No transactions available in the past 12 months.

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