Frick, NBI , PNB -Either Relist at BSE/NSE OR Compulsorily Delist

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August 17, 2017

Frick India-Annual Report-2016-17

Please click

http://linkintime.co.in/website/gogreen/2017/AGM/FIL/ANNUAL_REPORT.pdf

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AGM on 08/09/2017 at Faridabad

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old original / post

Small Investors' should always have an opportunity to Sell .

In the present scenario , without any proper Listing , Investors of Companies like Frick India , NBI Industrial Finance , Shree Digvijay Finlease , Dalmia Refractories ,  etc etc are getting  , in the grey market , a mere 5 to 10 % of the Market Value they could have got by selling their shares  had their Shares been Listed in BSE / NSE.

If such like shares are not Relisted in either BSE or NSE , SEBI should force their Managements to go in COMPULSORY DELISTING at  a fair value to be determined by Neutral Valuers.

   
Please read our Comments in the following Economic Times Post

http://economictimes.indiatimes.com/markets/stocks/policy/delisting-of-suspended-cos-bse-sends-notices-to-509-firms/articleshow/52602065.cms

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Previous Posts

Small Investors to Benefit From SEBI 's Compulsory Delisting Moves

http://economictimes.indiatimes.com/markets/stocks/policy/stuck-with-dud-stocks-sebis-new-move-could-help-you-get-your-money-back/articleshow/52432304.cms

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Under compulsory delisting, a stock exchange can initiate the process for delisting of a company if it has remained suspended for over 6 months and it has not taken any step to have the suspension revoked. Before any such delisting the exchange is required to offer a final opportunity to the company and shareholders need to be informed through public notices about any such step.

One set of 3,000 such companies were listed on regional exchanges but the exchanges shut down. In another set, the promoters might have vanished after duping investors. A third set of companies do not want to pay the penalties to revoke their suspension.

"Sebi can relax the rules for companies listed on regional exchanges," said the person cited above.

Over the past two years, most of the regional stock exchanges have stopped trading due to their inability to comply with Sebi norms on the minimum net worth of exchanges and meet the level of trading activity prescribed by the regulator. Sebi norms require stock exchanges to have a minimum net worth of Rs 100 crore and annual trading of Rs 1,000 crore.

Further, Sebi also allowed firms listed on regional stock exchanges to be listed on nationwide exchanges. However, many companies were unable to list on the BSE and NSE because they were unable to meet the minimum Rs 10 crore net worth required by the exchanges.

For companies listed on regional stock exchanges, delisting through reserve book-building is a cumbersome process. In reverse book building a company that wants to get off an exchange decides on the price that needs to be paid to shareholders to buy back stocks. Shareholders then bid at various prices above or equal to the floor price set by the company. The final buyback price is determined after aggregating all shareholder bids.

"Many companies listed on regional exchanges are unable to meet the migration criteria for national exchanges. Such companies should be provided an easy delisting platform," said Sandeep Parekh, founder, finsec law advisors.

For More , please click the Source:-

http://www.business-standard.com/article/markets/delisting-norms-for-dud-shares-may-change-116052601632_1.html

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http://www.moneycontrol.com/news/market-news/sebi-to-delist-4200-firms-warns-erring-promoters-auditors_6744781.html

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Great News for Investors of Companies like Frick India , NBI Industrial Finance , Shri Digvijay Finlease PNB Finance , etc etc

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June 05, 2016

Metropolitan Stock Exchange Listed Companies -Ensure Regular Trading

Metropolitan Stock Exchange ( Earlier named MCX Stock Exchange )

https://en.wikipedia.org/wiki/MCX_Stock_Exchange

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SEBI must take immediate action to ensure that there is regular trading in the Shares Listed ( especially shares of small companies exclusively listed ) in Metropolitan Stock Exchange

http://www.telegraphindia.com/1160316/jsp/business/story_74687.jsp#.V1OvdtR95kg

http://www.business-standard.com/article/markets/metropolitan-stock-exchange-of-india-adds-100-more-companies-115060401159_1.html

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We appeal to our readers / Investors to send emails to SEBI in this regard.

For contacting SEBI , please click :-

http://www.sebi.gov.in/sebiweb/stpages/contact_us.jsp

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May 29, 2016

Be Pro Active in AGM s ( Annual General Meetings )

Normally, company annual general meetings (AGMs) are boring affairs with some shareholders demanding sweet packets.

But once in a decade or more, one will be fortunate enough to witness an interesting shareholders meeting where individual shareholders pose strong questions to the corporate emperors.

For More , please Click :-

http://www.business-standard.com/article/companies/in-1990s-best-and-crompton-workers-called-vijay-mallya-npa-116031000418_1.html

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    We can do wonders.

Let Us Rise And Be Counted

E Voting Facility

Shareholders must use E Voting Facility for All Resolutions 

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Small Investors - Safe Guard Your Rights

Please Click :-

http://economictimes.indiatimes.com/personal-finance/savings-centre/analysis/small-equity-investor-how-to-safeguard-your-interests/articleshow/21742266.cms?curpg=3

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HUM MEHNAT KASH ISS DUNIYA SE

JAB APNA HISSA MANGEY GEY

IK BAGH NAHI; IKK KHET NAHIN

HUM SAARI DUNIYA MANGEY GEY

( Josh Malihabadi )

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August 20, 2016

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

http://www.rareindianshares.info/2016/08/frick-india-annual-report-2015-16.html

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September 07, 2016

NBI Industrial Finance Annual Report 2014-15 , Contact Details , Website

NBI Industrial Finance Limited

Address :-21 , Strand Road, Kolkata

email :-nbifinance@ymail.com

Phones :  033-22309601-04

Fax : 033-22131650

80 th Annual Report 2014 -15 ( Old )

http://www.nbi-india.co.in/balance_sheet/NBI-BS-2014-15/NBI-BS_2014-15.pdf

Please read for massive investments in shares ( especially Shree Cement Limited ) and very undervalued Book Value 

page no. 24 , 32 , 33

Website 

http://www.nbi-india.co.in/