NX Filtration’s Post

Understand why it is important to optimize between CAPEX Savings vs OPEX Savings. There are plenty of myths and thumb rules followed but nothing can surpass customized calculations specific to the project. #papermill #projectmanagement #projectconsultant #consultation #capex #opex https://lnkd.in/gy-Svaxe

RESITAPE : 2023 KEY FINANCIAL RESULTS The General Meeting of shareholders of Resitape (or the «Company») has approved the Company’s economic and financial data for the year ended at 31 December 2023. Resitape closed the year 2023 with a slight revenues decrease of around -5% compared to 2022, when the Company achieved the best results in terms of turnover since the Company foundation in 1962. The year 2023 was affected in January by around one month of production slow down due to the extraordinary event of the relocation into the new bigger plant. The 2023 satisfactory performance reflects the good results of the key Company business lines, also in the current tough macroeconomic market, further demonstrating Resitape’s resilience in the ongoing geopolitical context. In February 2023 Resitape successfully completed the relocation into the new plant in Gessate-Milan (around 8,000 sqm). The finalization of full relocation took around one month, allowing the company not to lose any material time slots for production. The decision to relocate was driven by the necessity of wider production spaces and increasing industrial capacity to support the ongoing Company’s growth.

🤔🤓IS SEBI REQUIRED TO AMEND THE DEFINITION OF “UNDERTAKING/ SUBSTANTIAL UNDERTAKING” – REGULATION 37A OF ITS LODR REGULATIONS 2015 ? In this case , the proposed  sale of the undertaking by Siemens was sought by means of  an ordinary resolution  because  it is a material related party transaction under the CA 2013 as well as the SEBI LODR. If not a material RPT , the board of the company itself  would have carried out the sale without the need for it to approach the shareholders u/s 188 of CA 2013 or R 23 of SEBI LODR . ( The deal was agreed upon at a value of Rs 2,200 crore, which was a bone of contention with minority shareholders.) SEBI in its newly introduced R37A has prescribed that sale of undertaking by listed entities  outside the Scheme of Arrangement would require the approval of the shareholders by a special resolution. However, for the definitions of  the terms “undertaking” and “Substantially the whole of the  undertaking “  it has adopted the same  definition as given in S 180(1) (a) of the CA 2013. .  Siemens in its Notice for postal ballot , while seeking the shareholders’ approval has clarified that the proposed sale does not attract the provisions of S 180 of CA 2013 or the provisions of R 37 A of the LODR Regulations, which call for approval by special resolution. ( R37A additionally requires that the votes cast by the public shareholders  in its favour shall exceed the votes cast by them against the resolution) SHOULD SEBI AMEND THE REGULATIONS TO PRESCRIBE A LOWER THRESHOLD -THAN PRESCRBIED IN THE CA 2013 FOR “UNDERTAKING / SUBSTANTIALLY THE WHOLE OF THE UNDERTAKING”  ( which is at least - 20% of the company’s investment in the undertaking / 20% of its turnover is thro the undertaking / 20% the value of the undertaking ) – SAY, 10% SO THAT SHAREHOLDER’S CONSENT  THROUGH SPEICAL RESOLUTION BECOMES MANDATORY IN MOST OF THE CASES ? Excerpts from the PB Notice of Siemens : “THE PROPOSED SALE AND TRANSFER of the Business DOES NOT REQUIRE APPROVAL OF THE MEMBERS BY WAY OF SPECIAL RESOLUTION, IN TERMS OF SECTION 180 OF THE ACT OR REGULATION 37A OF THE LISTING REGULATIONS. Since the consideration for the Proposed Transaction is above Rs. 11,527 million (i.e. 10% of the Company’s net worth as per audited financial statement of FY 2022), Members approval by way of ordinary resolution would be required as per Section 188 of the Act (and relevant rules thereunder).  The Proposed Transaction and the transactions which are to be conducted in ordinary course of business and at arm’s length basis between the Company and SLDIPL would be material related party transactions as per Regulation 23 of the Listing Regulations since the consideration for the same would be above Rs. 10,000 million (i.e. the threshold arrived as lower of: Rs. 10,000 million or 10% of the Company’s consolidated turnover for the previous financial year (i.e. FY 2021-22))" JULY30 1256 HRS

If you need help calculating your return on investment of a packaging machinery purchase, take a look at our ROI Calculator! Our ROI Calculator uses your inputs to determine how long it will take a packaging equipment purchase to pay for itself. You are able to calculate the Payback Period (PBP) of this investment by comparing your current packaging processes with ours here at NOVA. Learn more here: https://hubs.ly/Q02m84j-0

October Webinar: In Part 2 of our webinar "The Interaction of Machinery & Equipment Appraising with the Business Appraisal Process," we will continue to look at the importance of fixed asset analysis, including machinery and equipment appraisal, in the business valuation process. Happening this October 10, Tuesday at 1 PM ET with speaker Ronald D. Rudich. Register now: https://zurl.co/BqXQ #nebb #machinery #equipment #appraisal #report

Ever considered how the deal of a lifetime might just be around the corner? Recently, I analyzed two businesses listed by the same broker: a custom cabinet manufacturing company and an electrical installation company. Both had similar revenue, but the electrical installation company boasted higher earnings and a lower purchase price. Compare deals, build a pipeline, and you might save millions. A wide pipeline of opportunities can lead to smarter, more profitable decisions. Having a hard time finding your next deal? Click the link in my bio to steal my Playbook. 😉 #DealPipeline #SMB #ETA #finance #Cashflow

Have you started our FoW series? In it, CEO and Co-Founder Bassem Hamdy breaks down the future of work in the complex world of construction. How should your company use automation to run a better, future-proofed business? Watch the series to find out.

If you need help calculating your return on investment of a packaging machinery purchase, take a look at our ROI Calculator! Our ROI Calculator uses your inputs to determine how long it will take a packaging equipment purchase to pay for itself. You are able to calculate the Payback Period (PBP) of this investment by comparing your current packaging processes with ours here at NOVA. Learn more here: https://hubs.ly/Q02m84ds0

🔍 Exploring new paths in the world of transportation equipment finance! 🚛💰 🌟 Did you know that the article on transportation equipment financing reads like a road map of opportunities, paving the way for insightful discussions and discoveries? 🛣️💡 🔮 Curious minds, what role do you think technology plays in shaping the future of transportation financing? 🚀📊 🧐 How would you describe the impact of sustainability on the choices companies make in acquiring transportation equipment? 🌿💡 🌌 Like stars in the sky, the possibilities seem endless. Share your thoughts on the unforeseen benefits highlighted in the article! ✨💭 Let's navigate this intricate web of knowledge together! 🧭💼 #TransportationFinance #InnovativeInsights #FutureTech #SustainabilitySolutions https://lnkd.in/eVd-6rYi

Read our latest Pathlight Perspectives on the new FCA Business Plan #FCA #PathlightPerspectives