Net Loss of La Tim Metal & Industries reported to Rs 0.24 crore in the quarter ended September 2018 as against net loss of Rs 0.20 crore during the previous quarter ended September 2017. There were no Sales reported in the quarter ended September 2018 as against Rs 0.01 crore during the previous quarter ended September 2017.

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La Tim Metal & Industries will hold a meeting of the Board of Directors of the Company on 29 October 2018.

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The Board of La Tim Metal & Industries at its meeting held on 21 August 2018 has approved the following -

1.Allotment of 23,88,055 Equity Shares of Rs 10/- each at a premium of Rs 25/- each to Promoter/Promoter Group and Non Promoters and 2,49,000 Compulsory Convertible Preference Shares (CCPSs) of Rs 10/- each at a premium of Rs 25/- to Promoter/Promoter Group on Preferential Allotment basis for consideration other than cash through Resolution passed in the Annual General Meeting on 13 August 2018pursuant to the provisions of Section 62 and other applicable provisions of The Companies Act, 2013 for which In Principle approval has been received from BSE Limited vide letter dated 13 August 2018.

2.Allotment of 10,66,875 Equity Shares of Rs 10/- each pursuant to conversion of warrants allotted on Preferential basis at a premium of Rs 10/- each to Promoter/Promoter Group through Resolution passed in the Extra Ordinary General Meeting held on 10 February 2017 & allotment of Convertible Warrants on 23 February 2017.

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Net Loss of La Tim Metal & Industries reported to Rs 0.17 crore in the quarter ended June 2018 as against net loss of Rs 0.13 crore during the previous quarter ended June 2017. Sales rose 1021.43% to Rs 1.57 crore in the quarter ended June 2018 as against Rs 0.14 crore during the previous quarter ended June 2017.

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