April 14, 2018

Binani Cement Bid-Ultratech Vs Dalmia

please click

https://www.bloombergquint.com/business/2018/04/13/binani-industries-withdraws-plea-for-binani-cement-insolvency-settlement-from-supreme-court

https://economictimes.indiatimes.com/industry/indl-goods/svs/cement/setback-for-ultratech-sc-refuses-to-allow-out-of-court-settlement-for-binani-cement/articleshow/63744296.cms

=========================

old posts

please click

http://www.rareindianshares.info/2018/04/binani-cement-bis-dalmia-would-contest.html

==============

Blog Comments

NCLT should keep the interest of the reaming 1:5% Non Promoter shareholders of Binani Cement Limited
.
 Ultratech offers gives these remaining shareholders around Rs. 345 per share. 

It is doubtful if the Dalmia offer , which entails a small haircut for the lenders leaves any thing for the remaining shareholders of Binani Cement.

-----------------


General Warning : Investment in Shares Can be Injurious to Your WEALTH

Disclosure : The Blog writer in his / family names has holdings in  Binani Cemenr Limited. so please make suitable " provisions " for any likely Over Optimism

NB :All information given in good faith. Please recheck every point before taking an investment decision.No responsibility with this blog / blog writer.


No comments: