CARRARO

Feb 13 (Reuters) - Carraro India Ltd CARD.NS:

• RECEIVES SHOW CAUSE NOTICE FROM TAX DEPARTMENT

Further company coverage: CARD.NS

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Feb 11 (Reuters) - Carraro India Ltd CARD.NS:

• DEC-QUARTER CONSOL NET PROFIT 280.6 MILLION RUPEES

• DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 5.7 BILLION RUPEES

• APPROVED CAPEX OF 623 MILLION RUPEES FOR ENHANCING MANUFACTURING CAPACITIES OF CO FROM EXISTING CAPACITY OF 134,028 AXLES TO UP TO 154,160

Further company coverage: CARD.NS

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Jan 23 (Reuters) - Carraro India Ltd CARD.NS:

• GOT TRANSFER PRICING ORDER WHICH MAY HAVE IMPACT OF 155.4 MILLION RUPEES LIABILITY

Source text: ID:nNSEfCpCM

Further company coverage: CARD.NS

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Jan 19 (Reuters) - Carraro India Ltd CARD.NS:

• COMPANY GRANTED RELIEF FROM 27.4 MILLION RUPEES TAX DEMAND

• CO SHALL ALSO RECEIVE TAX REFUND AMOUNTING TO 52.6 MILLION RUPEES

Source text: ID:nBSE854PM8

Further company coverage: CARD.NS

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Oct 14 (Reuters) - Carraro India Ltd CARD.NS:

• GETS CONTRACT VALUED AT 175 MILLION RUPEES

Source text: ID:nNSE79Nf1Y

Further company coverage: CARD.NS

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Sept 3 (Reuters) - Carraro India Ltd CARD.NS:

• GOT TAX DEMANDS OF 79.2 MILLION RUPEES AND 63.7 MILLION RUPEES

Source text: ID:nNSE5Yjqd0

Further company coverage: CARD.NS

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June 27 (Reuters) - Carraro India Ltd CARD.NS:

• CARRARO INDIA - GETS SHOW CAUSE NOTICE CUM TAX DEMAND 3.5 MILLION RUPEES FOR ALLEGES MULTIPLE E-WAY BILLS

Source text: ID:nBSEbZVQkv

Further company coverage: CARD.NS

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May 27 (Reuters) - Carraro India Ltd CARD.NS:

• MARCH-QUARTER CONSOL NET PROFIT 237.2 MILLION RUPEES

• MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 4.44 BILLION RUPEES

• DIVIDEND 4.55 RUPEESPER SHARE

Further company coverage: CARD.NS

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April 16 (Reuters) - Carraro India Ltd CARD.NS:

• AUDIT OBSERVATION CLOSED IN FAVOR OF CARRARO INDIA

Source text: ID:nBSE6DGJSG

Further company coverage: CARD.NS

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** Carraro India CARD.NS slides 8.5%; Ventive Hospitality VENE.NS drops ~5%

** Senores Pharma SENO.NS down 3% and Tolins Tyres TOLI.NS flat

** 3-months lock-in expires for VENE (2% shares), CARD (5%) and SENO (7%); and 6-month lock-in expires for TOLI (54%), per Nuvama

** Since Dec 30 listings, VENE up 10% and SENO surges ~47%, while CARD tumbled 55%

** TOLI slides 49% since Sept 16 listing

** 72 lock-ins expire from March 17 to May 30 but not all shares will be for sale given promoters' sizeable stakes -Nuvama

(Reporting by Manvi Pant in Bengaluru)

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March 11 (Reuters) - Carraro India Ltd CARD.NS:

• CARRARO INDIA LTD - RECEIVES DRAFT ASSESSMENT ORDER FROM INCOME-TAX DEPARTMENT

Source text: ID:nNSEbQTrLC

Further company coverage: CARD.NS

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Feb 24 (Reuters) - Carraro India Ltd CARD.NS:

• CARRARO INDIA LTD - RECEIVES SUBSEQUENT SHOW-CAUSE NOTICE FROM INCOME TAX DEPARTMENT

• CARRARO INDIA - AMOUNT OF CONTENTION REVISED DOWNWARDS TO 1.45 BILLION RUPEES FROM 10.07 BILLION RUPEES

Source text: ID:nNSE99rCJM

Further company coverage: CARD.NS

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** Carraro India CARD.NS slides 19% to 351.5 rupees, more than half of its IPO price of 704 rupees

** Stock loses for second straight session

** Auto components maker posted Q3 profit slump as rev increase was outweighed by rise in expenses

** CARD down 35% since February 6 closing

** Around 2.2 mln shares traded, 8x the 30-day avg

** Co marked lacklustre debut in December, 2024

(Reporting by Hritam Mukherjee in Bengaluru)

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** Shares of Carraro India CARD.NS slides an exchange-allowed maximum of 20% to 433.50 rupees

** Auto components maker's Q3 consolidated net profit fell 24.4% y/y, revenue was up 3.2%

** Trading vols at 506,984, 1.5x the 30-day average

** CARD down ~33% since its listing in December

(Reporting by Vijay Malkar)

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Feb 6 (Reuters) - Carraro India Ltd CARD.NS:

• DEC-QUARTER CONSOL NET PROFIT 146.7 MILLION RUPEES

• DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 4.49 BILLION RUPEES

Source text: ID:nBSE90wVZJ

Further company coverage: CARD.NS

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Jan 29 (Reuters) - Carraro India Ltd CARD.NS:

• GOT ORDER LEVYING TAX LIABILITY OF 178.4 MILLION RUPEES

Source text: [ID:]

Further company coverage: CARD.NS

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** Shares of Carraro India CARD.NS plunge 9% to 642.25 rupees in trading debut vs IPO price of 704 rupees

** Stock opened at 651 rupees and has traded between 633-682 rupees on the day

** Vehicle transmission systems maker valued at 36.51 bln rupees ($427.30 mln) at current price

** CARD did not issue new shares in the IPO, Italian parent Carraro International cuts stake by ~31 bps, prospectus shows

** The 12.50 bln-rupee IPO was subscribed 1.1x, with bids worth 10.29 bln rupees

($1 = 85.4425 Indian rupees)

(Reporting by Kashish Tandon in Bengaluru)

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