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07/11/14 - 12.88
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03/22/14 - 3.05
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moser baer india ltd (MBI) Details

Moser Baer India Limited manufactures and sells optical storage media products in India. The company operates through Storage Media Products, Solar Products, and Other Operations segments. The company offers a range of optical storage media products, which include recordable compact discs (CD-R), rewritable compact discs (CD-RW), recordable digital versatile discs (DVD-R), rewritable digital versatile discs (DVD-RW), and blue laser discs comprising HD-DVD and Blu-ray products, as well as slim cases, USB flash drives, and memory cards. It also provides tech manufacturing services for CD, DVD, and photovoltaic products; and solar power products, which include photovoltaic cells, crystalline cells and modules, and thin film modules. In addition, the company offers home entertainment products, such as home video titles in various Indian languages, including Hindi, English, Tamil, Telugu, Malayalam, Kannada, Marathi, Gujarati, and Bengali, as well as in non-film categories. Further, it is involved in creation/replication and distribution of content activities; selling consumer electronic products; and operation and maintenance of sector specific special economic zone for non-conventional energy. The company also exports its products primarily to Europe and the United States. Moser Baer India Limited was founded in 1983 and is headquartered in New Delhi, India.

3,793 Employees
Last Reported Date: 06/9/14
Founded in 1983

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moser baer india ltd (MBI) Key Developments

Moser Baer India Limited Reports Earnings Results for the Second Quarter Ended September 30, 2014

Moser Baer India Limited reported earnings results for the second quarter ended September 30, 2014. For the quarter, the company reported net loss of INR 1.38 billion or INR 6.63 loss per share compared to a net loss of INR 1.32 billion or INR 5.63 loss per share for the same quarter ended September 30, 2013. Net sales were INR 2.38 billion compared to INR 2.9 billion for the same quarter ended September 30, 2013. Total income from operations was INR 2.44 billion compared to INR 2.97 billion for the same quarter ended September 30, 2013.

Moser-Baer India Ltd. Announces Change in Financial Year from 31 March to 31 December

Moser-Baer India Ltd. announced that the Board of Directors has approved that the company will now close its current financial year on 31 December 2014 for a period of twelve months that is from 1 January 2014 to 31 December 2014. Earlier, the Board of Directors of the company had in its meeting held on 11 November 2014 decided to close the financial year on 31st March 2015 for a period of 15 months.

Moser-Baer India Ltd. Ceases K. Ajit Kumar as Nominee Director

Moser Baer India announced that Export-Import Bank of India has withdrawn its Nominee K. Ajit Kumar from the Board of Directors of the Company, K. Ajit Kumar ceases to be a Nominee Director of the Company.


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