₹ 179.62 +0.46 (0.26%)
- NSE
- BSE
Overview
- BSE Code 505720
- NSE Symbol HERCULES
- ISIN Demat INE688E01024
- Book Value (₹) 264.53
- Face Value (₹) 1.00
- Market Cap (₹ Cr.) 624.80
- P/E (TTM) 112.21
- EPS (TTM) 1.74
- Div Yield (%) 0.00
Performance
Corporate Actions
Hercules Hoists Limited - Disclosure under SEBI Takeover Regulations
Apr 15, 2025Niraj Bajaj has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
About Hercules Hoists Ltd
Hercules Hoists Ltd, a bajaj group of company is producing Chain pulley block, Electric Hoists, Trolleys and Cranes with a combined installed capacity to produce 23400 nos per annum.
In 2000-2001, the company completed the development of new range of Chain Electric Hoists and Ratchet Lever Hoists. Both the products are expected to do well in the export and domestic market. The company is also developing new range of Wire Rope Electric Hoists jointly with M/s Bull S.r.l., Italy.
With effect from February 1, 2001, the company's agreement with M/s Batliboi Ltd for the 50:50 Joint Venture marketing company 'Indef Marketing Services Ltd' was terminated and Hercules Hoists bought over their 100000 shares at the face value of Rs.10.00 and paid a compensation of Rs.1 crore towards exiting from the JV and non-competition by them for a period of five years. Thus the 'Indef Marketing Services' become a wholly owned subsidiary of the company with effect from 23rd March 2001.
| Founded | : 1962 |
| Chairman | : Shekhar Bajaj |
| Address | : Bajaj Bhawan 2nd Floor, 226 Jamnalal Bajaj Marg Narima, Mumbai, Maharashtra, 400021, |
| HO Tel | : 91-022-45477300/01/05 |
- PAN Card
- Cancelled Cheque
- Latest 6 month Bank Statement (Only for Derivatives Trading)