October 24, 2016

Relist or Delist - SEBI Ultimatum to ELC ( Regional Stock Exchanges )

08/07/2017 -new post
http://www.rareindianshares.info/2017/07/defunct-regional-exchange-shares-sebi.html

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With SEBI’s crackdown on non-compliant promoters, investors stuck with firms listed on regional exchanges will get some options

For More / Source , please click :-

http://www.thehindubusinessline.com/opinion/editorial/trouble-with-the-sebi-crackdown-on-noncompliant-promoters/article9226933.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication

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October 14, 2016


SEBI Gives 3 Months For Relisting/ Delisting For Regional Stock Exchanges ELC

SEBI Circular Dt. 10/10/ 2016

Please Click :-

http://www.sebi.gov.in/boardmeetings/rseminutes.pdf

http://www.sebi.gov.in/cms/sebi_data/attachdocs/1476076928746.pdf

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Exclusively Listed Companies ( ELC ) like Frick India Limited . NBI Industrial Finance would either have to raise capital ( Bonus shares ) or Delist by providing Fair Value.



http://www.thehindubusinessline.com/opinion/editorial/trouble-with-the-sebi-crackdown-on-noncompliant-promoters/article9226933.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication



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Macrofil Investments ,Digvijay Finlease , NBI Industrial Finance and other Unlisted Promoters' Holding Companies should follow the examples of

1 ) Max India Promoters are paying a fair price of Rs.94 for every share ( Re. 1 paid up ) of their Unlisted Holding Company - Cheminvest Limited.

http://www.rareindianshares.info/2016/06/unlisted-max-india-promoter-companies.html

2 ) Reliance Industries Promoters gave 1 share of Reliance Industries for every 1 share of their Unlisted Holding Company - Farm Enterprises Limited ( earlier  Reliance Enterprises ) 

http://www.rareindianshares.info/2015/12/farm-enterprises-shareholders-get-new.html


Please , also , click :-

http://www.rareindianshares.info/2010/12/asset-laden-investment-companies.html

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