March 21, 2017

Dalmia Refractories- Promoters Consolidate Holdings

What is Happening ?


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Dalmia Refractories which was earlier Listed in Madras Stock Exchange  is at present , defacto, Delisted ( although officially listed in Metropolitan Stock Exchange and CSE) 


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1 ) Promoter Dalmias are consolidating their investment in Dalmia Refractories from earlier various different Investment Companies  to Akhya Estate Holdings Private Limited


Please click :-


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Other Developments :-

2 ) Dalmia Bharat merging with it OCL Limited ( earlier named Orissa Cement ) OCL ,also, has a large refractories division.

 http://www.ocl.in/refractory_profile.html

  Dalmia Refractories is Dalmia Bharat's associate.



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Earlier this year ,Dalmia Refracrories entered in to collaboration with the world renowned Refractories MNC - Seven Refractories

http://www.sevenrefractories.com/seven-refractories-strengthens-its-international-business/

Headquartered in Divača/Slovenia, Seven Refractories offers one of the largest and most advanced portfolio of monolithic refractory materials, complemented by project management and exhaustive modern installation knowledge. With a newly expanded plant in Slovenia, a green-field plant starting at year end in Kazakhstan and seven international subsidiaries and numerous agencies, Seven serves over 300 customers in 40 different countries.

More / Source :-

https://www.heat-processing.com/up-to-date/trade-industry/16-08-2016-seven-refractories-cooperates-with-dalmia-bharat/

 http://www.indmin.com/Article/3582924/Indias-turn-towards-monolithic-refractories.html

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4 ) Dalmia Refractories has formed a wholly owned subsidiary namely Dalmia Seven Refractories Limited

19/12/2016 Notification



Dalmia Refractories Limited has informed to the Exchange that Dalmia Refractories Limited has incorporated a wholly owned subsidiary company in the name of "Dalmia Seven Refractories Limited" in India.

http://www.mcx-sx.com/markets/equity/get-quotes/default.aspx?symbol=DALMIAREF

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5 )

Dalmia Bharat Hires International Talent to Strengthen Refractories Business


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EPS for ( Q1=Q2+Q3 )9 months Ending December 2016 is Rs.12/ 06 p


For Q1, Q2 ( 2016-17 ) of Dalmia Refractories Results , please click :-
http://www.msei.in/ListingData/2016/DALMIAREF/AN/161025_DALMIAREF_AN_01.pdf



For more on Dalmia Refractories :-

http://www.rareindianshares.info/2009/09/shri-nataraj-ceramic-chemical.html

https://www.dalmiarefractories.com/index-2.html


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It seems some shares of Dalmia Refractories are available , for Sale / Purchase ,with Dealers of  Delisted shares ( Please Recheck this )

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Important : Please do not take Any Investment Decision based on the above stated analysis. Please only do a further Self Study
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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. No responsibility taken by this author / blog . )
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