State Bank Mergers- Shareholders Must Oppose Low Exchange Ratios
For Filing Objections ( Last date around 12/9/16 - PLEASE RECHECK )
https://www.sbbjbank.com/About-
Us/GrievanceRedressal_FormatObjection.pdf
We want
30 SBI shares of Re 1 each for every 10 shares ( 10 paid up )of State Bank of Travancore / Mysore
45 shares of SBI of Re 1 each for every 10 shares ( Rs.10 paid up )of State Bank of Bikaner and Jaipur
For Scheme of acquisition , please click :-
https://www.sbbjbank.com/About-Us/SchemeOfAcquisition.pdf
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State bank of India , also issued bonus shares (please recheck this )
http://www.financialexpress.com/archive/state-bank-plans-to-issue-bonus-shares/661041/
No Bonus Issue by State Bank of Travancore , State Bank of Bikaner and Jaipur etc
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Public Shareholders of State Bank of India are being a very very low exchange ratio :-
State Bank of Travancore / State of Mysore : 22 shares of SBI for every 10 shares
State Bank of Bikaner and Jaipur 28 shares of SBI for every 10 shares
Please note Shares of State Bank of Travancore , State Bank of Mysore , State Bank of Bikaner and Jaipur are Rs. 10 paid up whereas shares of State Bank of India are Re 1 paid up .
This is sheer loot by the Brute Majority.
Now , the shareholders of State Bank of Travacnore , State Bank of Mysore , State Bank of Bikaner and Jaipur are being one opportunity to lodge their protest against these ratios.
The last date is around 12 th September , 2016
At least 100 minority shareholders collectively must sign the petition.
We earnestly request fellow shareholders / Investors Associations to take the lead in opposing these ratios and demand a minimum 50 % increase in the exchange ratios.also at official websites
At the websites of State Bank of Travancore
Email: cmsb@sbt.co.in
http://www.statebankoftravancore.com/portal/investor-grievances
( http://www.statebankoftravancore.com ) ,
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State Bank of Mysore ,
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https://www.sbbjbank.com/dynamic/your-grievances.jsp
https://www.sbbjbank.com/
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Please go to Investors Page and Grievance Redressal and file your objections
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Collective Written Petition can , also , be sent to :-
Datamatics Financial Services Limited,
Post Bag No 19454,
Plot No. B -5 , Part B Cross Lane,
MIDC, Andheri ( East )
Mumbai 400 093
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also click
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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
JAB APNA HISSA MANGEY GEY
IK BAGH NAHI; IKK KHET NAHIN
HUM SAARI DUNIYA MANGEY GEY
( Josh Malihabadi )
_________________
Caution : Please recheck and recalculate every figure and fact before taking any investment decision . No responsibility with this Blog / Writer
General Warning : Investment in shares can be injurious to your WEALTH.
Caution :The blog writer has personal/ family members' holdings in State Bank of Bikaner and Jaipur and State Bank of Travancore ,so please make suitable "provisions " for likely over optimism
All information given in good faith.
General Warning : Investment in shares can be injurious to your WEALTH.
Caution :The blog writer has personal/ family members' holdings in State Bank of Bikaner and Jaipur and State Bank of Travancore ,so please make suitable "provisions " for likely over optimism
All information given in good faith.
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