Last 126.75 INR
Change Today +5.55 / 4.58%
Volume 255.0
HARS On Other Exchanges
Natl India
As of 11:00 AM 10/23/14 All times are local (Market data is delayed by at least 15 minutes).

harita seating systems ltd (HARS) Snapshot

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Day High
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52 Week High
09/15/14 - 156.00
52 Week Low
05/13/14 - 68.05
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

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harita seating systems ltd (HARS) Details

Harita Seating Systems Limited engages in the manufacture and sale of seating systems, and other parts and accessories for automotive and non automotive applications in India and internationally. The company provides seating solutions for driver and cabin seating for commercial vehicles, tractors, and construction equipment, as well as passenger seats for buses. It also exports tractor seats to the United States. The company was founded in 1988 and is based in Chennai, India.

540 Employees
Last Reported Date: 05/30/09
Founded in 1988

harita seating systems ltd (HARS) Top Compensated Officers

Chief Executive Officer, President and Manage...
Total Annual Compensation: 3.3M
Compensation as of Fiscal Year 2014.

harita seating systems ltd (HARS) Key Developments

Harita Seating Systems Limited Approves the Appointment of H. Lakshmanan as Independent Director

Harita Seating Systems Ltd. announced at AGM held on August 6, 2014, the shareholders of the company approved the appointment of H. Lakshmanan as independent director of 5 years.

Harita Seating Systems To Voluntary Delist From MSE And BgSE

Harita Seating Systems Ltd announced that the Board of Directors of the Company at its meeting held on August 06, 2014, has approved a proposal for delisting of its Equity shares from the two Regional Stock Exchanges, namely Madras Stock Exchange Limited (MSE) and Bangalore Stock Exchange Limited (BgSE), in view of no trading of shares of the Company in these Stock Exchanges. In terms of the Delisting Regulations, the Board approved the proposal for delisting of the Company's shares from MSE and BgSE due to the voluntary de-recognition of the exchange, as per the circular dated May 30, 2012 issued by SEBI. The communication dated June 12, 2014 to this effect received from MSE advising the Company to take necessary steps for delisting of the Company's shares from MSE, as per the Delisting Regulations. Further the Company has informed that, the proposed delisting of the Company's shares from these Stock Exchanges, namely MSE and BgSE will be subject to the compliance of the required formalities, in terms of Delisting Regulations without any exit opportunity to the public shareholders of the Company, since the Company's shares will continue to remain listed in NSE, having the nationwide trading terminal.

Harita Seating Systems Limited Reports Unaudited Standalone Earnings Results for the First Quarter Ended June 30, 2014

Harita Seating Systems Limited reported unaudited standalone earnings results for the first quarter ended June 30, 2014. For the quarter, the company’s net sales/income from operations (net of excise duty) was INR 603.618 million compared to INR 653.298 million a year ago. Loss from operations before other income, finance cost and exceptional items were INR 2.614 million compared to profit of INR 14.574 million a year ago. Profit from ordinary activities before tax was INR 18.090 million compared to INR 26.975 million a year ago. Net profit was INR 15.978 million or INR 2.06 per basic and diluted share before and after extraordinary items compared to INR 20.034 million or INR 2.58 per basic and diluted share before and after extraordinary items for the same period a year ago.


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