At the AGM of Philips Lighting Limited on 26/09/18 , a Resolution is being moved to rename the Company " Signify Innovations India Limited ".
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OLD POSTS
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 before taking any investment decision.
. No responsibility taken by this author / blog . )
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Philips Lighting Annual Report 2017-18
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OLD POSTS
Philips Lighting India - Shares Received - Demerger
http://www.rareindianshares.info/2015/06/philips-india-to-demerge-lighting.html
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Record Date : 08/04/2016
1 share of Philips Lighting India ( free ) for every 1 share of Philips India
ISIN No. of Philips Lighting : INE045U01015
RTA : Sharepro Services ( India ) P Ltd. , Mumbai
Shares of Philips Lighting and Philips India are Unlisted.
=================
Record Date : 08/04/2016
1 share of Philips Lighting India ( free ) for every 1 share of Philips India
ISIN No. of Philips Lighting : INE045U01015
RTA : Sharepro Services ( India ) P Ltd. , Mumbai
Shares of Philips Lighting and Philips India are Unlisted.
Shares are available with Dealers for ale / Purchase .
=============
http://economictimes.indiatimes.com/industry/cons-products/electronics/philips-india-demerges-lighting-business-to-focus-on-led-market/articleshow/47462878.cms
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http://economictimes.indiatimes.com/industry/cons-products/electronics/philips-india-demerges-lighting-business-to-focus-on-led-market/articleshow/47462878.cms
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March 21, 2018
Philips India- Compulsory Buy Back @ Rs.560
Philips India Limited has convened an EGM on 10/04/2018 at Kolkata to compulsorily buy out the remaining Non Promoter shareholders @ Rs. 560 /-
This " fair value " has been worked out by Price Waterhouse and Co. LLP
Philips India delisted in 2004.
It , now , has around 37,500 Non Promoter shareholders representing 3:87 % of Equity.
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Philips India split in 2016 in to two.
A new Company , namely ,Philips Lighting was demerged.
This Buy back is only of the original Philips India and not of Philips Lighting ( PLEASE RECHECK THIS )
-------------
For more on Valuers , please click
http://www.rareindianshares.info/2018/02/independent-valuers-investors-get.html
For more on Compulsory Buy Back
http://wwTy-buyback.html
This " fair value " has been worked out by Price Waterhouse and Co. LLP
Philips India delisted in 2004.
It , now , has around 37,500 Non Promoter shareholders representing 3:87 % of Equity.
-------------------
Philips India split in 2016 in to two.
A new Company , namely ,Philips Lighting was demerged.
This Buy back is only of the original Philips India and not of Philips Lighting ( PLEASE RECHECK THIS )
-------------
For more on Valuers , please click
http://www.rareindianshares.info/2018/02/independent-valuers-investors-get.html
For more on Compulsory Buy Back
http://wwTy-buyback.html
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 before taking any investment decision.
. No responsibility taken by this author / blog . )
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