Last $0.60 USD
Change Today -0.04 / -6.25%
Volume 3.7K
SMCG On Other Exchanges
Symbol
Exchange
OTC US
As of 9:55 AM 12/22/14 All times are local (Market data is delayed by at least 15 minutes).

millennium india acquisition (SMCG) Snapshot

Open
$0.60
Previous Close
$0.64
Day High
$0.60
Day Low
$0.60
52 Week High
01/13/14 - $1.25
52 Week Low
12/19/14 - $0.52
Market Cap
4.9M
Average Volume 10 Days
3.7K
EPS TTM
--
Shares Outstanding
8.2M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for MILLENNIUM INDIA ACQUISITION (SMCG)

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millennium india acquisition (SMCG) Details

Millennium India Acquisition Company Inc. is a close-ended investment company. The firm primarily intends to effect a merger, capital stock exchange, asset acquisition, or other similar transaction with one or more businesses that have operations primarily in India. It seeks to invest in companies operating in the financial services sector, healthcare, infrastructure and consumer, retail, and hospitality sectors. The firm primarily invests in private equity of SMC Group. Millennium India Acquisition Company Inc. was formed on March 15, 2006 and is domiciled in the United States.

millennium india acquisition (SMCG) Top Compensated Officers

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Executives, Board Directors

millennium india acquisition (SMCG) Key Developments

Millennium Investment & Acquisition Company Inc Declares Interim Dividend; Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended September 30, 2014

Millennium Investment & Acquisition Company Inc. announced that the Board of Directors has recommended and declared the Interim Dividend at the rate of 12% i.e. 0.24 per equity share of face value of $2 each amounting to $27.15 million to its equity shareholders. The company reported unaudited consolidated earnings results for the second quarter and six months ended September 30, 2014. For the quarter, the company reported total revenues of INR 875,662,000 against INR 789,331,000 a year ago. Income before income taxes was INR 127,894,000 against INR 97,733,000 a year ago. Net income was INR 71,499,000 against INR 79,899,000 a year ago. Net Income attributable to SMC Global was INR 70,025,000 compared to INR 78,658,000 for the same period a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 0.63 against INR 0.70 a year ago. For the six months, the company reported total revenues of INR 1,884,941,000 against INR 1,562,519,000 a year ago. Income before income taxes was INR 358,812,000 against INR 175,508,000 a year ago. Net income was INR 251,413,000 against INR 130,478,000 a year ago. Net Income attributable to SMC Global was INR 248,147,000 compared to INR 125,979,000 for the same period a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 2.22 against INR 1.15 a year ago. Net cash used in operating activities was INR 23,778,000 against net cash generated from operating activities of INR 537,323,000 a year ago. Purchase of property and equipment was INR 46,826,000 against INR 10,591,000 a year ago. Acquisition of intangible assets was INR 153,000 compared to INR 112,000 for the same period a year ago.

Millennium Investment & Acquisition Company, Inc. Announces the Resignation of CohnReznick LLP as Auditors

On November 14, 2014, Millennium Investment & Acquisition Company Inc. received the resignation of CohnReznick LLP (CRZ) as the company's independent registered public accounting firm.

Habib Yunus Resigns as Director of Millennium India Acquisition Company

Millennium India Acquisition Company Inc. announced that effective March 4, 2014, Mr. Habib Yunus resigned as a director of the company.

 

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