September 22, 2015

Frick AGM 23/9/15 Faridabad - Questions by Shareholders

Frick India Limited 52 nd  Annual General Meeting is scheduled for Wednesday , 23 /09/2015 at 11 AM at the Registered Office of the Company at Faridabad. 

Queries of Shareholders

1 ) DISSEMINATION BOARD FOR SALE / PURCHASE OF SHARES

Page 42 of the Annual Report ( 2014 -15 ) mentions that as  Delhi Stock Exchange stands  de recognised , shares of Frick India Limited would be moved to the DISSEMINATION BOARD of NSE / BSE 

Question : When would this DISSEMINATION BOARD start functioning. ?

Question : Whether in BSE or NSE ?

2 ) LISTING or DELISTING ( Pages 17 and 18 of the Annual Report )

SEBI has stated that DISSEMINATION BOARD is only a temporary step. Such Compsnies either officially DELIST or RELIST in BSE / NSE.

Question : What is Frick India doing . LISTING or DELISTING ? What have the Experts stated ? ( Page 18 )

3 ) LEGAL DISPUTE BETWEEN PROMOTERS ( Page 21 )

Legal disputes are pending between Jang Bahadur Singh ( Dr. JB Singh ) holding 40 % shares under L/f  J324 and Jasmohan Singh and his siblings in the Hon ble Delhi High Court and Courts in the USA.

Question : Are these disputes adversely affecting the interests of Non Promoter shareholders who have been denied bonus shares issue ?


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August 20, 2016



Frick India- Annual Report -2015-16 - Excerpts - Comments




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Financial Highlights ( 2014 -2015 )

Sales : Rs.157 cr 44 lakh

Gross Profit : Rs. 9 cr 20 Lakh

Net Profit :Rs. 6 cr 36 Lakh

EPS  ( Rs. 10 paid up share ): Rs 105 / 92 p

Book Value ( per share ) : Rs.1633 /21 p

Share Capital : Rs. 60 Lakh ( 6 lakh shares )

Dividend : 20 %.

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http://www.rareindianshares.info/2015/11/all-dse-shares-like-frick-nbi-on-bse.html

Please,  also click :-

http://www.rareindianshares.info/2015/09/frick-india-agm-2015-bse-listing.html

http://www.rareindianshares.info/2011/05/frick-india-limited.html



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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