September 19, 2013

Sinclairs Hotels Buyback Proposal @ Rs.390 Per Share

Sinclairs Hotels has generated a net cash of Rs. 27 crore by divesting its entire investment in Savannah  Hotels Private Limited.

Sinclairs Hotels  proposes to buy back shares @ Rs.390 .

( It appears that there would not be any delisting  - Please Recheck this point )

As on 31-03 -13

Share Capital : Rs. 6 cr 7 lakh

Free Reserves : Rs. 71 cr 57 lakh

http://www.rareindianshares.info/search?q=sinclairs+limited

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General Warning : Investment in Shares Can be Injurious to Your  WEALTH

Caution :The blog writer has personal/ family members' holdings in this Company ,  so please make suitable "provisions " for likely over optimism

( NB : All information given in good faith. Please recheck all facts before taking any investment .decision.

No responsibility taken by this author / blog . )

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