July 15, 2015

Ratnabali Capital Markets Raises to Rs.1000 its Face Value

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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OLD POST ( June 10, 2013 )



Ratnabali Capital Markets - in Loss For 2012-13 Financial Year

Ratnabali Capital Markets Limited

Regd. Office

FMC ,Fortuna Blck No A -7 , and A-8 ,
4 th Floor,
234/ 3A , AJC Bose Road ,
Kolkata - 700 020

email : ratnabali@ratnabali.com

Tel : 033- 4015-0000 / 0100

Fax : 033 - 2287-5374

website :-

www.ratnabali.com

Managing Director :-Vikash Somani

Joint Managing Director : Suresh Kumar Somani

Executive : Director Aditya Goenka

Directors

Harsh Vardhan

JP Kundra

Ratnanko Banerji

Company Secretary - Hansraj Jaria

Ratnabali Caital Markets Limited  delisted from BSE wef 13-06-13 @ Delisted Price of Rs. 120 .

Exit Window available at this rate up to 12-02-2-14 .

For the Financial Year 01-04-12 to 31-03-13

Gross Loss - Rs. 5 cr 14 lakh

Net Loss Rs. 6 cr 52 lakh

EPS  Minus  Rs. 12 / 53

As on 31-03-13 

Share Capital Rs. 5 cr 20 lakh ( Face Value - Rs. 10 )

Reserves -Rs. 75 cr 47 lakh

Promoter Group Holding : 98 : 33 %

Number of Shareholders : 413

AGM ( 19 th ) on 22-06-13 , at 10 AM . at Kolkata
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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 . )

2 comments:

Anonymous said...

Caution for investor : there is no point to buy lux industries shares in present higher rate.. There is no plan to relist or fpo nearby. kindly check with its corporate office & take investment decision..

Stock tips said...

Face value may varies accordingly but the growth of capital market is gonna be increased rapidly.