TAAL Enterprises Ltd Share Price (539956)

TAAL Enterprises Limited (TEL) is an aircraft charter service business originally established as a wholly owned subsidiary of Taneja Aerospace and Aviation Limited (TAAL). As per Clause 9.2 of the Scheme of Arrangement that was approved by the Honble Madras High Court in June 2015, TAAL has demerged its Air Charter Business including investment in First Airways Inc. USA and Engineering Design Services Business conducted through TAAL Tech India Private Limited into TEL. The Certified Copy of the said Order of the Honble High Court of Madras was filed with the Registrar of Companies Chennai on August 21 2015, making the demerger official from October 1 2014. As such, the company presently operates one Cessna Citation CJ2 type of aircraft with a seating capacity of seven passengers, based at the Pune airport. TAAL carries on the demerged charter business in trust for TEL until it obtains the necessary statutory licences, including banking transactions, statutory compliance, and all other commercial activities, that will be recorded in the books of account of TEL.

Share Price: ₹2840.00 per share as on 25 Apr, 2024 04:01 PM
Market Capitalisation: ₹866.06Cr as of today
Revenue: ₹44.09Cr as on December 2023 (Q4 23)
Net Profit: ₹7.68Cr as on December 2023 (Q4 23)
Listing date: 01 Jan, 0001
Chairperson Name: Salil Taneja