September 02, 2017
Digvijay Finlease- Consolidation-Date Extended to 30/09/19 ( PLEASE RECHECK )
We have been receiving unconfirmed Reports ( WHICH PLEASE RECHECK ) that the last date for consolidation of 100 shares Rs. 10 shares in to 1 share of Rs.1000 has been extended to 30/09/2017
We strongly recommend that all shareholders should form lots ( PER FOLIO ) of 100 shares of Rs. 10 each.
For fractions i.e. 1 to 99 shares of Rs. 10 each shareholders would get only Rs. 200 per share.
This is grossly unfair as the intrinsic value of one share of Rs. 10 has been worked out between Rs.30,000 to Rs. 40,000 per share.
Shareholders of Digvijay Finlease should oppose tooth and nail such anti small shareholder tactics.
including writing to ( as this is an Unlisted Company )
Ministry of Corporate Affairs,
'A' Wing, Shastri Bhawan, Rajendra Prasad Road, New Delhi, Delhi 110001
Shareholders should , also ,demand listing of Digvijay Finlease in NSE / BSE
In case shareholders are not in a position to have lots of 100 / folio then they should sell their fractions ( 1 to 99 ) in the Delisted Market to Dealers ,where they can get around Rs 600 ( please recheck )
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Important : Please Recheck All Facts.
Please do not take any Investment Decision based on above analysis
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old / original post
Blog Disclaimer- Message Received From an Investor - Please Recheck - No Responsibility With Blog
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Message
In 1998 dfl Capital was around 4cr and at present 11.44cr
And capital is raised on preferential base/rights and they have not allotted any additional share to the share holder
Only promoters share holding has risen
Because of this general public share holder is in minority and promoters stake is risen
The change in capital from 4cr to 11.44cr they have not shown in balance sheet.
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old post
March 22, 2017
Digvijay Finlease- Consolidation of Shares-to Rs.1000
Digvijay Finlease ( Unlisted ) is consolidating the Face Value of its share from Rs. 10 paid to Rs.1000.
100 shares of Rs. 10 = One share of Rs. 1000
All those share holders with Fractions would be paid @ Rs.200 for Rs. 10 share
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This is a highly anti Non Promoter / Small Shareholder move which should be opposed by all Investors at every forum including Courts, SEBI, Investors Associations .
Digvijay Finlease is an Asset Laden Holding Company of Beni Gopal Bangur Group . It holds Promoters ' shares in Shree Cement , NBI Industrial Finance etc.
http://www.rareindianshares.info/2015/06/digvijay-finlease-limited-great-hidden.html
Please also click
http://www.rareindianshares.info/2010/12/asset-laden-investment-companies.html
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Shree Cement was originally promoted by Shree Digvijay Cement Co. Limited.
In 1983, Beawar ( Rajasthan ) Cement Licence was originally given by the Govt. to Shree Digvijay Cement.
Bangurs transferred it to a new Company- Shree Cement ( Name Shree from Shree Digvijay )
.
Shares of Digvijay Finlease were given to shareholders of Shree Digvijay Co.after transferring Shri Digvijay's holding to it of Shree Cement shares.
Digvijay Finlease 's NAV has been calculated , by some to be above Rss.25,000 / Rs. 10 share ( PLEASE RECALCULATE INDEPENDENTLY/ No Responsibility )
Digvijay Finlease 's fellow Holding Company NBI Industrial Finance has , recently , Relisted at NSE and its CMP is Rs.4500.
It is very sad that when Sheholders of Digvijay Finlease were demanding Listing in NSE / BSE , Promoters have chosen this cheap tactic to deprive small shareholders of their shares at a minuscule fraction of the True Worth ( NAV )
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Also , please click
http://www.rareindianshares.info/2016/09/digvijay-finlease-shareholders-demand.html
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Consolidation of Face Value to a Higher Denomination SHOULD NOT BE ALLOWED UNDER ANY CIRCUMSTANCE.
This Cheap / Anti Small Holder Tactic was earlier used by
Binani Metals
http://www.rareindianshares.info/2011/01/binani-metals-limited-why-face-value.html
http://www.rareindianshares.info/2009/06/binani-metals-limited.html
Recently , by Rasoi
http://www.rareindianshares.info/search?q=rasoi
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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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Saadda Haq , Ethey Rakh
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Blog Caution : PLEASE RECHECK All Information Before Taking Any Investment Decision.
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