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TAAL Enterprises Share Price

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NSEBSE
Stock not traded

2674.0078.00 (3.00%)

03:40 PM,16th Apr 2024

BSE : 539956

NSE :

Sector : Services

ISIN Code : INE524T01011

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Last Updated: Apr 16 2024 | 03:40 PM IST

Market Cap (₹ Cr)

0

Turnover (₹ Cr)

0.00

Volume (Shares)

Face Value

10

52-WK High

0.00

52-WK High Date

Invalid date

52-WK Low

0.00

52-WK Low Date

Invalid date

All Time High

0.00

All Time High Date

Invalid date

All Time Low

0.00

All Time Low Date

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TAAL Enterprises Ltd

TAAL Enterprises Limited (TEL) was earlier a wholly owned subsidiary of Taneja Aerospace and Aviation Limited (TAAL). The Company was incorporated on 01 July 2014. The Company is holding Non Scheduled Operators Permit (NSOP) and is engaged in Aircraft Charter Service business. The Company presently operates one Cessna Citation CJ2+ type of aircraft with a seating capacity of seven passengers. The aircraft is based at Pune airport and the Company has a loyal set of Charter customers centered around Maharashtra. The aircraft is maintained at the MRO facility of TAAL at Hosur in Tamil Nadu.In terms of the Scheme of Arrangement under Section 391 to 394 of the Companies Act 1956 between Taneja Aerospace and Aviation Limited (TAAL) and TAAL Enterprises Limited (the Company) TAAL has demerged its Air Charter Business including investment in First Airways Inc. USA and Engineering Design Services Business conducted through TAAL Tech India Private Limited into the Company. Pursuant to the Scheme as sanctioned by the Hon'ble High Court of Madras vide Order dated June 22 2015 received on July 23 2015 the Air Charter Business of TAAL including investment in First Airways Inc. USA and Engineering Design Services Business conducted through TAAL Tech India Private Limited has been demerged into the Company on a going concern basis with effect from October 1 2014 being the Appointed Date. The Certified Copy of the said Order of the Hon'ble High Court of Madras has been filed with the Registrar of Companies Chennai on August 21 2015 and as such the Scheme has become effective from that date. As per Clause 9.2 of the Scheme of Arrangement as approved / sanctioned by the Hon'ble Madras High Court Taneja Aerospace and Aviation Limited (TAAL) will carry on the business and activities relating to the demerged charter business for and on account of and in trust for TAAL Enterprises Limited (TEL) until the time TEL obtains the requisite statutory licences required for carrying on the demerged charter business. The said licences are yet to be obtained and accordingly the demerged charter business has continued to be operated by TAAL in trust for and on behalf of TEL including banking transactions statutory compliances and all other commercial activities. Accordingly the accounting entries pertaining to the demerged charter business are accounted in the books of account of TEL.

TAAL Enterprises Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

834

EPS - TTM (₹) [S]

5.60

P/E Ratio (X) [S]

48.15

Face Value (₹) 10
Latest Dividend (%)225.00
Latest Dividend Date 22 Sep 2022
Dividend Yield (%) 0.87
Book Value Share (₹) [S]55.53
P/B Ratio (₹) [S]48.15
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

2633.75

2693.00

Week Low/High

2365.00

2796.00

Month Low/High

2347.90

2870.00

Year Low/High

1701.00

3571.00

All time Low/High

84.75

3571.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week-0.86%%-2.33-2.05%
1 Month7.17%%0.410.70%
3 Month-12.98%%-0.250.66%
6 Month8.55%%10.2412.39%
1 Year52.33%%20.7124.40%
3 Year456.85%%49.3851.71%

Company Info

Company Information

Whole-time Director : Salil Taneja

Addtnl Independent Director : Arvind Nanda

Registered Office: 2nd Floor MMPDA Tower, 184 Royapettah High Court,Chennai,Tamil Nadu-600014 Ph: 91-44-42926200

Email:secretarial@taalent.co.in

URL:http://www.taalent.co.in