[Resolved]  Pal Peugeot Ltd — company shares suspended

respected,
my client hold 500 shares certificates of pal peugeot ltd (531526) shares,but this name of the company does not exist in stock market,now what to do with the shares he hold,and do let me know the status of the company does it changes the name of the company or it merged to some other company.

regards,
rajendra baid.
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Aug 14, 2020
Complaint marked as Resolved 
Sep 09, 2014
sagarmodi12's response
my father have 1000 share of this company . what to do. please help
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The company Pal-Peugeot make you fool. But Premier Automobile Ltd ( Pal ) becomes Premier Ltd.. So all the share holders may ask to this company
I have also hold 300 share of this company anybody advice me what to do ?
Myself Puran n m holding 300 shares certificates of PAl-Peugeot ltd since 1996. but the company shares r suspended as the info gvn on net. Kindly tell what to do. The company seems fraud as it disappered frm everywhere n the SEBI who assures n protects the investor interms of its SEBI rules r also a fake n fraud organisation. shame on SEBI.
I have 400 share of company but there no trading in stock and company is also closed. What to do with this share.
Maheububkhan
My father is holding 500 shares of this company . But till date he has not received anything from Company. SEBI who has undertake to save investors from fraud should take some initiatives to save hard earned money of several investor in companies like these and save them from losing trust in Equity market.
i have the shares of this company. so this cpmpsny exist or not.
I am holding 700 Equity Share Certificates of this Company (PAL-PEUGEOT LTD.), since March 1996 @ Rs. 10.00 per Share at the Face Value. The said Company was promoted by "The Premier Automobiles Ltd."; and therefore all liabilities arising out of liquidation of the J/V Company lies with the Promoters.
Now I wanted to sell the shares as it is more than 20 years. But there is no forum where I can register my problem/complaint. According to the information available on Internet, the Company is under liquidation and its Equity Shares can not be traded on BSE & NSE. Kindly Do the needful as soon as possible.
I see that Peugeot is coming back to India. How is their new venture being allowed without they clearing the obligations for shareholders from the last Indian venture? Should they not exchange the old shares with the shares of the new India venture?
I have a 200 Shares of PAL- PEUGEOT LTD. form 27th Feb 1996 through Public allotment.

As i checked on internet that PAL- PEUGEOT merged in KMCL Ltd and KMCL Ltd merged know in KEL Ltd.

So please give the status of my Share Holding.

Lila Dhar
[protected]@gmail.com
Home (Http://Www.Financialexpress.Com/) Archive (Http://Www.Financialexpress.Com/Archive/) The Financial Express > Corporate
PAL Peugeot To Get Nod For New
Name KMCL Ltd In April 19 AGM
0
Mumbai, April 4: | Updated: Apr 5 2002, 05:30am hrs
The restructuring process at the beleaguered PAL Peugeot Ltd (PPL) may be finally taking a
definitive shape with the company proposing a change of name to KMCL Ltd. This forms a part
of the special resolution that would be taken up at the companys annual general meeting (AGM)
on April 19.
Consequent to the termination of the joint venture agreement between Premier Automobiles
Ltd (PAL) and Peugeot and the subsequent withdrawal of the French partner from the JV, it is
obligatory on the part of the company to delete the word Peugeot as part of its name. The
name change is, however, subject to necessary regulatory approvals.
PAL, the principal shareholder in PPL, has proposed the names of Mr Vinod Doshi, Mr
Arvind Doshi and Mr Maitreya Doshi as directors of the company. The four directors
nominated by the Automobiles Peugeot, France had resigned from the board of directors of
the company on March 10, 1998. The French company did not nominate any directors on the
board of the company. Since the AGM of the company was not held in 1998, 1999, 2000 and
2001, all the directors of the company had vacated office by operation of law.
PPL will consider the financial statements only after the directors are appointed at the AGM.
The board of directors will subsequently consider and approve the financial statements. The
AGM is being convened pursuant to the directions of the Company Law Board (CLB),
western region bench. CLB has also appointed retired Justice SK Desai as chairman for the
AGM. PAL, in conjunction with ICICI, has been working on a restructuring package for
PPL. PAL has also entered into a technical collaboration with China Motor Corporation to
manufacture multi-utility vehicles and pick-up vans at the Kalyan facility.

KINETIC MOTOR COMPANY LTD.
NSE : NA BSE : 505190 ISIN CODE : INE267B01015 Industry : Automobile Two & Three Wheelers
House : Private
BSE 7.22 0 (0 %)
PREV CLOSE (Rs.)
7.22
OPEN PRICE (Rs.)
7.25
BID PRICE (QTY)
0.00 (0)
OFFER PRICE (QTY)
7.22 (620)
VOLUME
10473
TODAY'S LOW / HIGH (Rs.)
7.15 7.89
52 WK LOW / HIGH (Rs.)
7.15 7.89
NSE
This Company is not listed in NSE
BSE (https://www.tradebulls.in/company-profile/smart-quotes/kinetic-motor-company-lt...
1D 1M 3M 1Y 3Y 5Y
KINETIC MOTOR COMPANY LTD. STOCK SUMMARY
Trade Value (Rs. in Lacs) 0.77
Dividend Yield(%) 0.00
TTM EPS (Rs.) 0.21
P/E Ratio 34.29
Book Value (Rs.) -15.91
Face Value (Rs.) 10
MCap (Rs. in Mn) 198.88
Price/Earning (TTM) 10.87
Price/Sales (TTM) NA
Price/Book (MRQ) -0.45
PAT Margin (%) 3112.82
ROCE (%) 3.84
Incorporation Year :[protected]
Block No 202, 2nd Floor, Akshay Complex, Near Ganesh Temple, Off Dhole Patil Road, Pune
Management Info :
AH Firodia - Chairman
Sulajja Firodia Motwani - Managing Director
Registered Office :
D - 1 Block, Plot No . 18 / 2, M I D C, Chinchwad,
Pune,
Maharashtra-411019
Address :
Phone :
Email : NA
Website : (https://www.tradebulls.in/company-profile/smart-quotes/kinetic-motor-company-lt...
Registrar's Details :
Link Intime India Pvt Ltd.
Listing : BSE, NSE, MCX
NEWS
MORE (HTTPS://WWW.TRADEBULLS.IN/COMPANY-PROFILE/COMPANY-NEWS/KINETIC-MOTOR-COMPANY-LT...
Kinetic Motors gets nod to merge with
Pune-based Kinetic Motors (KMCL) has received the Bombay High Court’s ap..
14
FEB
Kinetic Motor Company informs about ou
Kinetic Motor Company has informed regarding outcome of court convened m..
23
NOV
Kinetic Motor Company informs about fi
Kinetic Motor Company has informed about the financial results & a c..
09
NOV
Kinetic Motor gets nod to merge with K
Kinetic Motor Company (KMCL) has received its board’s approval to merge..
09
DEC
Kinetic Motor Company to increase its
Kinetic Motor Company has received the board approval to increase its au..
22
MAR
FINANCIALS
Rs. in Millions
QTR Sep 12 ANNUAL 11
Net Profit 0.1 14.8
Gross Profit 0.1 14.8
Operating Profit 3.2 27.6
Net Sales 0.8 56.7
MORE (HTTPS://WWW.TRADEBULLS.IN/COMPANY-PROFILE/FINANCIAL-RATIOS/KINETIC-MOTOR-COMPAN...
FY11 FY10 FY09 FY08 FY07
-2, 000
-1, 000
0
1, 000
2, 000
-200
-100
0
100
200
Income Growth (RHS %)
ROLLING FORWARD P/E (EOD)
21-Mar-13
29-Aug-12
07-Feb-12
13-Jul-11
21-Dec-10
02-Jun-10
05-Nov-09
08-Apr-09
0
200
400
600
800
1, 000
12 Months Rolling Forward P/E (X)
EVENT CALENDAR BONUS ISSUE
>
PEER GROUP
Bajaj Auto (BSE) (https://www.tradebulls.in/company-profile/smart-quotes/bajaj-auto-200132)
2559.00 (0.66%)
M.Cap (Rs. in Cr)
74454.13
Hero MotoCorp (BSE) (https://www.tradebulls.in/company-profile/smart-quotes/hero-motocorp-100182)
2764.75 (0.35%)
M.Cap (Rs. in Cr)
55172.47
Scooters India (BSE) (https://www.tradebulls.in/company-profile/smart-quotes/scooters-india-105141)
33.60 (4.02%)
M.Cap (Rs. in Cr)
286.88
Atul Auto (BSE) (https://www.tradebulls.in/company-profile/smart-quotes/atul-auto-131795)
331.70 (-1.18%)
M.Cap (Rs. in Cr)
727.86
TVS Motor (BSE) (https://www.tradebulls.in/company-profile/smart-quotes/tvs-motor-132343)
543.25 (-2.34%)
M.Cap (Rs. in Cr)
25899.37
MORE (HTTPS://WWW.TRADEBULLS.IN/COMPANY-PROFILE/COMPARISON/KINETIC-MOTOR-COMPANY-LTD-...
SHAREHOLDING PATTERN
NON-INSTITUTION 54.7%
PROMOTERS 45.26%
FI/BANKS/INSURANCE 0.03%
FII 0.01%
MUTUAL FUNDS/UTI 0%
GOVERNMENT 0%

Kinetic Motors gets nod to merge with Kinetic Engineering
Feb-14-2013
Pune-based Kinetic Motors (KMCL) has received the Bombay High Court’s approval for merger of KMCL with Kinetic Engineering (KEL). The final order will be received within 15 days. The amalgamation intends to consolidate synergies including enhanced financial strength and flexibility leading to strengthening and alignment of various stakeholders’ interest, reduction of cost and value creation for the stake holders.
As a result of the merger, the stake of the promoters in Kinetic Engineering would stand at 53% from a current stake of 57%. The balance of shares will be held by public and financial institutions.
Dec-09-2011
Kinetic Motor Company (KMCL) has received its board’s approval to merge with Kinetic Engineering (KEL). Moreover, an exchange ratio of 7.75 : 1 was approved for the equity shares of KMCL and KEL. Kinetic Engineering has a direct holding of 36.92% in Kinetic Motors. Kinetic Motor Company holds 20% equity stake in Mahindra group two-wheeler maker Mahindra Two Wheelers. It may be recalled that the Mahindra group had acquired the business assets of Kinetic Motor Company in 2008.
Kinetic Engineering manufactures a variety of automobile components. The company manufactures transmission components, engine components, as well as gearbox and assemblies for auto and non-auto products. Kinetic also manufactures various body components, has a press shop, paint shop, and assembles complete vehicles for some of its customers.
Kinetic Motor Company produces a complete two-wheeler portfolio, which ranges from mopeds, scooters and bikes. Manufacturing plants of the company are at Pithampur (for scooters), Ahmednagar (for scooterettes and mopeds) and Koregaon (for bikes).
i have 1000 shares of pal peugout.the bank is not accepting the shares as they say pl get us a comfirmation of fully paid up shares, pl suggest next course of action
I am also holding 300 shares but what to do so many times i have given consumer complaints in this website but no use. This consumer complaints is only name sake no action being taken and they will never take at all. This is only message with no reply. Each other sharing their views and reading each other complaints with no solution. Please tel me what is the use of this consumer complaints website. IS ANY ACTION BEING TAKEN SO FAR.

I request this website authority should take immediate action and solve our consumers problems.

they have all CLOSED THEIR EYES.

REGARDS
EDWINA.
I am having 500 equity shares allotted to me on 27.2.1996 but no intimation is received about this till date. No correspondence is being done by the company . This is total cheating with the shareholders . If any intimation is received kindly share on my maid ID [protected]@eldecohousing.co.in
I am Rajendra Bhagwan Chavan I have
300 Shares, pal peguet ltd company
Company no correspond to me, up date
This is total cheating with the share holders by the company and government, so I request to govt.of India solve all share holder problem
Of pal pegeuet ltd
[protected]@gmail.com my mail Id. Jai Hind
I am Sasikumar Nair. I am holding 200 shares of Pal Peugeot Ltd. As of now there is now news about this company. Can you please help how to return my money.

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