http://www.moneycontrol.com/stocks/stock_market/corp_notices.php?autono=636997
http://www.moneycontrol.com/livefeed_pdf/Feb2013/Ratnabali_Capital_Markets_Ltd_040213.pdf
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http://www.moneycontrol.com/livefeed_pdf/Feb2013/Ratnabali_Capital_Markets_Ltd_040213.pdf
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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
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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