Binani Cement-Settlement- Important Meeting on 04/04/18

please click

https://www.moneycontrol.com/news/business/binani-cement-lenders-to-meet-on-april-4-consider-out-of-court-settlement-2541883.html

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old posts

March 28, 2018

Rs. 345/Share Ultratech Should Offer to Binani Cement shareholders

PLEASE RECHECK / RECALCULATE ALL INFORMATION / FIGURES  BEFORE TAKING ANY INVESTMENT DECISION

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Binani Cement - Share Capital : Around Rs. 215 cr ( i.e. 21: 5 cr shares of Rs. 10 each )

Ultratech 's offer for 98:5 % Equity Rs. 7266 cr

Offer per Share : Rs.345 /-

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Caution : The deal is under process.

All calculations are mere conjectures and not very reliable

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Binani Cement delisted in 2011 at the Exit price of Rs 90 /-


For more on Ultratech 's Offer 

http://www.rareindianshares.info/2018/03/binani-cement-bid-ultratech-almost.html

https://www.livemint.com/Companies/qRaIlV3O916mCSCKJSehbI/Binani-Cement-lenders-seek-time-till-2-April-to-weigh-UltraT.html

https://www.bloombergquint.com/insolvency/2018/03/28/binani-cement-lenders-meet-to-decide-on-bidder-in-hand-versus-two-in-the-bush

March 16, 2018

Binani Cement Bid

please click

http://www.livemint.com/Companies/KVQ9hSsBDMgvFgfoBoWvmO/Binani-Cement-creditors-approve-bid-backed-by-Bain-Capital.html

also , please click

https://economictimes.indiatimes.com/industry/indl-goods/svs/cement/banks-real-winner-in-binani-resolution-puneet-dalmia/articleshow/63327444.cms 

Binani Cement delisted in 2011 at the Exit price of Rs 90 /-
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for more on Binani Cement bid , please click

http://www.rareindianshares.info/2018/03/binani-cement-bid-dalmia-ultratech.html

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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.