WhatsApp -Digvijay Finlease Shareholders For Justice

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We are thankful to Naresh Gupta for taking this very timely initiative

Shareholders want , to begin with :-

1 ) Demat for shares of Digvijay Finlease

2 ) Listing in BSE / NSE . It is important to keep in mind  that shares of Digvijay Finlease were allotted , on Demerger of Shri Digvijay Cement WHICH WAS A LISTED COMPANY.

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Please read :-old posts

http://www.rareindianshares.info/2015/06/digvijay-finlease-limited-great-hidden.html

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Shareholders of Digvijay Finlease are demanding Listing in NSE / BSE and are taking up the issue with the Management and SEBI or payment of a fair price for their shares.

It appears shares of Digvijay Finlease were never Listed

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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 )
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Shares of Digvijay Finlease were given to shareholders of Shree Digvijay Co.after transferring Shri Digvijay's holding to it of Shree Cement shares.



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Transfer  of Shares Held by Shree Digvijay Cement Limited ( 1997 )

. A Scheme of arrangement by Shree Digvijay Cement Limited its four divisions was made between the Shree Digvijay Cement and Gujarat Composite Ltd. The Scheme was completed in 1997-98.GCL has allotted equity shares in GCL capital in the ration of 1 : 3 to the members of the company as per the scheme.

Further the Shree Digvijay Cement Limited has transferred the investment held in shares in other bodies corporate aggregating to Rs. 653.18 lacs to Digvijay Finlease Ltd. (DFL). In consideration DFL has allotted equity shares in DFL capital in the ratio of 1 : 2 to the member of the company. 

Source

http://www.hdfcsec.com/Market/Information.aspx?CoCode=510&RptType=History

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Digvijay Finlease holds a large chunk of Shree Cement ( 12 : o4% ,as per 2002 data , Please Recheck ) ,and 2 ,35 ,539 shares of NBI Industrial Finance( Please Recheck )

CMP of Shree Cement is Rs. 17,000

NAV of NBI Industrial Finance Share ( Rs. 10 paid up ) is being calculated around Rs. 30,000 + per share..PLEASE RECALCULATE INDEPENDENTLY . NO RESPONSIBILITY 

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Even NBI Industrial Finance ( earlier New Bank of India Limited )   is yet to Relist . It was earlier exclusively listed at the , now defunct Delhi Stock Exchange

Shareholders of NBI Industrial Finance complaint is that in the Unlisted market they are getting around Rs.2000 for a share with intrinsic worth of around  Rs. 30,000 + ( PLEASE RECHECK THIS - NO RESPONSIBILITY ) 

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For more on Digvijay Finlease , please click :-

http://www.rareindianshares.info/2015/06/digvijay-finlease-limited-great-hidden.html

For more on NBI Indusrial Finance , please click :-

http://www.rareindianshares.info/2016/09/nbi-industrial-finance-annual-report.html

NBI Industrial , also , holds 2,82,551 shares of Digvijay Finlease

http://www.rareindianshares.info/search?q=new+bank+of+india

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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

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Please , also , click :-

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