Annual Report: 2024
GKN Driveline (India) Limited's 39th Annual Report 2023-24: Summary
Notice of Annual General Meeting (AGM): The 39th AGM will be held on September 24, 2024, at 11:00 AM at the registered office in Faridabad.
Ordinary Business: The AGM will address:
Special Business:
Notes on AGM Attendance & Voting:
Remote E-Voting:
Explanatory Statement: The notice also includes an explanatory statement pursuant to Section 102 of the Companies Act, 2013, detailing the material facts related to the special business items.
Director's Report: The directors present the 39th Board Report. Financial performance:
State of Affairs and Operations: The company focused on maintaining industrial relations, people safety, and flexible business operations amid market challenges.
Dividend:
Auditors:
Foreign Exchange:
Conservation of Energy:
Technology Absorption:
Automotive Industry Outlook:
Corporate Social Responsibility (CSR):
Loans, Guarantees, and Investments:
Secretarial Standards:
Director's Responsibility Statement: The directors confirmed that applicable accounting standards were followed, appropriate accounting policies were selected, adequate accounting records were maintained, and the annual accounts were prepared on a going concern basis.
Health, Safety, and Environment:
Legal and Governance:
Vigil Mechanism:
Secretarial Audit:
Remuneration:
Board of Directors & Key Management Personnel:
Audit & Risk Management Committee:
Stakeholders' Relationship Committee
Corporate Social Responsibility Committee
Independent Director's Meeting:
Related Party Transactions (Section 188):
Risk management, Internal Controls and Internal Financial Controls:
Internal Audit
Internal Financial Controls
General Declaration:
Technology Absorption, Adaptation and Innovation:
Capital Commitments, Material Changes, and Other Statements:
Finance: The summary for the financial statements are provided and show the yearly performance increase.
Access essential information and documents to make informed investment decisions
Stay updated with upcoming events, conferences, and announcements
Access quarterly and half-yearly financial statements and reports
Download comprehensive annual reports and financial summaries
Access investor presentations, corporate briefings, and slideshows
Our blog provides insightful information about unlisted shares, offering a deeper understanding of how these assets work, their potential benefits, and the risks involved. Whether you're new to unlisted shares or looking to expand your knowledge, we cover topics such as investment strategies, valuation methods, market trends, and regulatory aspects. Stay updated with expert tips and guides to navigate the unlisted share market effectively.
Unlisted shares are stocks of companies that are not listed on any stock exchange, meaning they are not publicly traded. These shares are typically available for trade in the private market through brokers, and can offer unique investment opportunities.
You can buy unlisted shares through a broker or platform that specializes in unlisted share transactions. We provide a secure and easy way to purchase unlisted shares from top companies, ensuring a smooth transaction process.
The share prices of unlisted companies can fluctuate based on various factors like market demand, company performance, and private transactions. You can check the latest share prices for unlisted companies on our website for real-time updates.
Unlisted shares can offer higher growth potential, as they are typically not subject to the same market volatility as listed shares. However, they come with higher risk due to limited liquidity and availability of information. It's important to research thoroughly and consult experts before investing.
To sell unlisted shares, you can connect with a broker or platform that facilitates the sale of private stocks. We help investors buy and sell unlisted shares with ease, ensuring that your transaction is handled professionally and securely.
Yes, unlisted shares can eventually be listed on a stock exchange through an Initial Public Offering (IPO). This process allows the company to offer its shares publicly and be traded on major exchanges, potentially increasing liquidity and visibility.
Gains from unlisted shares are subject to capital gains tax in India. Short-term capital gains (if held for less than 24 months) are taxed at your applicable income tax rate, while long-term capital gains (if held for more than 24 months) are taxed at 20% with indexation benefits. Always consult a tax advisor for precise tax implications.
The value of unlisted shares is typically determined by private transactions, financial reports, and market demand. We provide the latest updates on share prices of unlisted companies, giving you the most accurate valuation available.
The minimum investment for unlisted shares can vary depending on the company and broker. Generally, the minimum investment is higher than for listed stocks, but we provide detailed information to help you make the best investment decisions.
Yes, unlisted shares may pay dividends if the company has declared them. However, since these companies may be in their growth stage, dividend payments are not always guaranteed. It's important to check the company's financial health before investing.
It's important to conduct thorough research on the company's financials, management, market potential, and overall business model. You can also seek professional advice from experts to help you choose unlisted shares with strong growth prospects.
Gains from unlisted shares are subject to capital gains tax in India. Short-term capital gains (if held for less than 24 months) are taxed at your applicable income tax rate, while long-term capital gains (if held for more than 24 months) are taxed at 20% with indexation benefits. Always consult a tax advisor for precise tax implications.
