December 03, 2012

Ratnabali Capital Markets Ltd.- Delisting Offer

Please click :-

http://www.moneycontrol.com/stocks/stock_market/corp_notices.php?autono=620289

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Ratnabali Capital- Delisting-Discovered Price Rs.120


http://www.moneycontrol.com/mccode/news/article/article_pdf.php?autono=801541&num=0



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July 15, 2015

Ratnabali Capital Raises Face Value to Rs.1000

Ratnabali Capital Markets Limited delisted wef 13 / 02 / 2013 @ Rs.120

In an back door maneuver to throw out around 345 small shareholders , holding 0 : 60% of Equity, Ratnabali Capital Markets is proposing to raise the face value of one share from Rs. 10 to Rs. 1000 by consolidating 100 shares of Rs. 10 in to 1 share of Rs.1000.

Thus resultant fractions and nearly all small share holders would be compulsorily bought out by the Promoters at rate determined by them.

SEBI should put an end to such malpractices 

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