Processing .....please wait.. 
The article has been forwarded.... 
Thoughts
"Work as if it was your first day.
Forgive as soon as possible.
Love without boundaries.
Laugh without control
and never stop smiling"!
Forgive as soon as possible.
Love without boundaries.
Laugh without control
and never stop smiling"!
Write your comment now
|
Submit your news/press release
Let our editorial department know about any news about your company, your
organization, or yourself, or any press release that you have. If we find it suitable for our audience, we will contact you and make a news. Please
also share any links for the news.
Reader's comments (20)
1: Kouton Retail promoters pledge more Neeraj
Thakur / New Delhi January 20, 2009, 0:05
IST
Kouton Retail, an apparel retailing chain, said its promoters have pledged additional shares with a local lender to make up for a shortfall in the value of the collateral.
Kouton promoters, including Bhupinder Singh Sawhney, Davinder Pal Singh Kohli and Gurmeet Singh Sawhney, pledged an additional 607,000 or 1.99 per cent shares, of the company with Crossborder Investment India Pvt, a unit of Edelweiss Capital to cover the shortfall in the value of shares pledged earlier.
The founders of the company borrowed Rs 27 crore from Edelweiss between February and October 2008. They originally pledged 15,54,000 shares of Kouton Retail as security for a loan of Rs 10 crore each. The original pledge was created with ECL Finance, a unit of Edelweiss which than transferred to loans to another unit of the financier, Crossborder Investments.
“We had pledged shares at Rs 580 in the month of February, but as the value of the shares of our company came down, we had to increase the number of pledged shares from 15,54,000 to 17,17,000,†said, DPS Kohli, Chairman, Kouton Retail India. The promoters have now pledged as much as 5.6 per cent of their holdings compared with 3.6 per cent earlier. The promoters now have to repay the loan by February, which the chairman said he was confident of repaying. “The payment of the loan is due in the first week of March and we would be able to pay it back as we have earned enough interest through our investments made in real estate†said Kohli without giving more details.
Analysts tracking the company are also hopeful that the company will be able to repay the loan and redeem the pledged shares. "The company should be able to pay back Rs 27 crore as it is expected to earn revenue of over Rs 1000 crore this financial year," said a Mumbai based equity analyst.
The company has a debt of nearly Rs 500 crore in the form of bank loans and non-convertible debentures. Of the total debt Rs 100 crore is in the form of non-convertible debenture. "We are not worried about the repayment as it is long term and we are confident of paying it back,’’ Kohli said. The average cost of debt is between 12 and 13 per cent.
Kouton admitted that it may fall short of its Rs 1,200 crore revenue target for the fiscal year ending March 31, 2009 as demand for lifestyle products and apparels shrink.
“Sales in the last two quarters were not as expected. Even though our revenue will grow substantially we may fall short of out target by 10 per cent,†Kohli said.
Kouton Retail, an apparel retailing chain, said its promoters have pledged additional shares with a local lender to make up for a shortfall in the value of the collateral.
Kouton promoters, including Bhupinder Singh Sawhney, Davinder Pal Singh Kohli and Gurmeet Singh Sawhney, pledged an additional 607,000 or 1.99 per cent shares, of the company with Crossborder Investment India Pvt, a unit of Edelweiss Capital to cover the shortfall in the value of shares pledged earlier.
The founders of the company borrowed Rs 27 crore from Edelweiss between February and October 2008. They originally pledged 15,54,000 shares of Kouton Retail as security for a loan of Rs 10 crore each. The original pledge was created with ECL Finance, a unit of Edelweiss which than transferred to loans to another unit of the financier, Crossborder Investments.
“We had pledged shares at Rs 580 in the month of February, but as the value of the shares of our company came down, we had to increase the number of pledged shares from 15,54,000 to 17,17,000,†said, DPS Kohli, Chairman, Kouton Retail India. The promoters have now pledged as much as 5.6 per cent of their holdings compared with 3.6 per cent earlier. The promoters now have to repay the loan by February, which the chairman said he was confident of repaying. “The payment of the loan is due in the first week of March and we would be able to pay it back as we have earned enough interest through our investments made in real estate†said Kohli without giving more details.
Analysts tracking the company are also hopeful that the company will be able to repay the loan and redeem the pledged shares. "The company should be able to pay back Rs 27 crore as it is expected to earn revenue of over Rs 1000 crore this financial year," said a Mumbai based equity analyst.
The company has a debt of nearly Rs 500 crore in the form of bank loans and non-convertible debentures. Of the total debt Rs 100 crore is in the form of non-convertible debenture. "We are not worried about the repayment as it is long term and we are confident of paying it back,’’ Kohli said. The average cost of debt is between 12 and 13 per cent.
Kouton admitted that it may fall short of its Rs 1,200 crore revenue target for the fiscal year ending March 31, 2009 as demand for lifestyle products and apparels shrink.
“Sales in the last two quarters were not as expected. Even though our revenue will grow substantially we may fall short of out target by 10 per cent,†Kohli said.
Posted by: binoddsinha - 28 Jan, 2009
2:ok
Shakti Singh replied to: binoddsinha
post - 20 Apr, 2010
post - 20 Apr, 2010
3:Work as if it was your first day.
Forgive as soon as possible.
Love without boundaries.
Laugh without control
and never stop smiling"!
Forgive as soon as possible.
Love without boundaries.
Laugh without control
and never stop smiling"!
DR R N SINGH replied to: binoddsinha
post - 16 Feb, 2010
post - 16 Feb, 2010
4: great thought and i hope u implement it
practically.....
shahrukh khan replied to: DR R N SINGH
post - 01 May, 2010
post - 01 May, 2010
5: Agree!
lindsay cheung replied to: DR R N SINGH
post - 08 Apr, 2010
post - 08 Apr, 2010
6:Nice massage
Thanks for information
Mukesh
Thanks for information
Mukesh
Mukesh Kumar Swarnakar replied to: binoddsinha
post - 10 Jan, 2010
post - 10 Jan, 2010
7: Hi
My name is Amita Zak, and am young
Girl with full of respect and care, and I saw your profile today at this very site and I like it as an innocent person you are,
I think we can click together as friends and make something good out of it being my fellow partner
Please try to contact me my e-mail address (zak_amita@yahoo.fr)
I would like to show you my picture and at the same time you will know me more.
again,please don,t send it in the site, i have many things to talk in private and stay out of trouble ma!
Amita Zak,
My name is Amita Zak, and am young
Girl with full of respect and care, and I saw your profile today at this very site and I like it as an innocent person you are,
I think we can click together as friends and make something good out of it being my fellow partner
Please try to contact me my e-mail address (zak_amita@yahoo.fr)
I would like to show you my picture and at the same time you will know me more.
again,please don,t send it in the site, i have many things to talk in private and stay out of trouble ma!
Amita Zak,
Posted by: amita amit zak - 13 Aug, 2010
8: Intrested in you,
My name is Miss danesi, i saw your profile today.at(www.siliconindia.com)An d I became intrested in you, i will also like to know you the more, and i want you to send an email to my email address so i can give you my picture for you to know whom i am. Here is my email address: danesi_lisat@yahoo.com i believe we can move from here. I am waiting for your mail to my email address above. Miss danesi(Remember the distance, colour or age does not matter but what matters in life is the true love)
Yours Love,
Miss danesi
please i will like you to contact me in my privet mail box danesi_lisat@yahoo.com so i can send you my pic
My name is Miss danesi, i saw your profile today.at(www.siliconindia.com)An d I became intrested in you, i will also like to know you the more, and i want you to send an email to my email address so i can give you my picture for you to know whom i am. Here is my email address: danesi_lisat@yahoo.com i believe we can move from here. I am waiting for your mail to my email address above. Miss danesi(Remember the distance, colour or age does not matter but what matters in life is the true love)
Yours Love,
Miss danesi
please i will like you to contact me in my privet mail box danesi_lisat@yahoo.com so i can send you my pic
Posted by: lisa lisaadee adee - 27 Jul, 2010
9: Intrested in you,
My name is Miss danesi, i saw your profile today.at(www.siliconindia.com)An d I became intrested in you, i will also like to know you the more, and i want you to send an email to my email address so i can give you my picture for you to know whom i am. Here is my email address: danesi_lisat@yahoo.com i believe we can move from here. I am waiting for your mail to my email address above. Miss danesi(Remember the distance, colour or age does not matter but what matters in life is the true love)
Yours Love,
Miss danesi
please i will like you to contact me in my privet mail box danesi_lisat@yahoo.com so i can send you my pic
My name is Miss danesi, i saw your profile today.at(www.siliconindia.com)An d I became intrested in you, i will also like to know you the more, and i want you to send an email to my email address so i can give you my picture for you to know whom i am. Here is my email address: danesi_lisat@yahoo.com i believe we can move from here. I am waiting for your mail to my email address above. Miss danesi(Remember the distance, colour or age does not matter but what matters in life is the true love)
Yours Love,
Miss danesi
please i will like you to contact me in my privet mail box danesi_lisat@yahoo.com so i can send you my pic
Posted by: lisa lisaadee adee - 27 Jul, 2010
10: Hi Dear new friend!
Nice to meet you! my name is cathy, I saw your profile on particular site and I feel so interest to know further about you! Ok a few words about me: I'm nice and passionate woman, I am honest, educated,and a good sence of humor. I enjoy reading, watching TV sometimes; especially I have weakness for programs about different cultures, nature, and exotic countries.
I got a real good personality,sociable and I want find seriours friendship/relationship from foreign continents. If you were here for same interest, please writte to me and we will talk, perhaps our relationship will become something more solid as time pass on.
Please do understand my motive,I dont used to visit particular site often, I will like you to Reply me through my private email Address below (catherine201000@hotmail.com) So i can add you to my personal chat list and send you message along with more of my photos for familiar and i will like to shared more about me with you, like and dislike. Pls: verify correct.....catherine201000(at)hotmail(dot)co m
chaterene Jocobi.
Please reply soon.
Best Regard.
Nice to meet you! my name is cathy, I saw your profile on particular site and I feel so interest to know further about you! Ok a few words about me: I'm nice and passionate woman, I am honest, educated,and a good sence of humor. I enjoy reading, watching TV sometimes; especially I have weakness for programs about different cultures, nature, and exotic countries.
I got a real good personality,sociable and I want find seriours friendship/relationship from foreign continents. If you were here for same interest, please writte to me and we will talk, perhaps our relationship will become something more solid as time pass on.
Please do understand my motive,I dont used to visit particular site often, I will like you to Reply me through my private email Address below (catherine201000@hotmail.com) So i can add you to my personal chat list and send you message along with more of my photos for familiar and i will like to shared more about me with you, like and dislike. Pls: verify correct.....catherine201000(at)hotmail(dot)co m
chaterene Jocobi.
Please reply soon.
Best Regard.
Posted by: CATHERINE JAC JACOB - 26 May, 2010
11: dear very well said!!!!!!!!!!
Posted by: shashi tiwari bhushan - 01 May, 2010
12: http://www.siliconindia.com/blogs/blogs_new.p
hp?W9kvfhduQNS51u7yEp071f5pJOAyIBd9+812QO9v33
7185175+1++201
Posted by: jnn shd china - 21 Apr, 2010
13: very well said...
Posted by: madhabi - 30 Mar, 2010
14: Really its working good. Thanks Ms. Pankaj
kumar pal.
Posted by: Boopathy Rabin - 29 Mar, 2010
15: Very nice & beautifully wording & thoughts i
use this comment in my gmail id i.e. in Buzz
Posted by: pramod s kulkarni - 26 Mar, 2010
16: Very nice...please submit your good thoughts
at my blog
http://abhicareer.blogspot.com
thanks
http://abhicareer.blogspot.com
thanks
Posted by: Abhishek Sharma - 08 Mar, 2010
17: Its really really nice "quote" !!! :-)
Posted by: Adarsh Kumar - 14 Feb, 2010
19: EXCELLENT!!!
Posted by: JAM Mohd - 19 Jan, 2010
20: hi pankaj
dis is absolutely coreect, like i really agree wid u but one can never take this feeling al along..! anywaz i appreciate dis attitude of urs....
dis is absolutely coreect, like i really agree wid u but one can never take this feeling al along..! anywaz i appreciate dis attitude of urs....
Posted by: daman sahni - 15 Jan, 2010
Disclaimer
Messages posted on this Web site under the `Comments' area are solely the opinions of those who have posted them and do not necessarily reflect the opinions of Infoconnect Web Technologies India Pvt Ltd or its site www.siliconindia.com. Gossip, mud slinging and malicious attacks on individuals and organizations are strictly prohibited. Infoconnect Web Technologies India Pvt Ltd can not be held responsible for errors or omissions in content, nor for the authenticity of the user/company name or email addresses associated with posted messages. Infoconnect Web Technologies India Pvt Ltd reserves the right to edit or remove messages containing inappropriate language or any other material that could be construed as libelous, potentially libelous,
or otherwise offensive or inappropriate.Infoconnect Web Technologies India Pvt Ltd do not endorse the products and services or any other offerings mentioned in these messages.
