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https://www.moneycontrol.com/news/business/companies/webcomic-how-karsanbhai-patel-created-a-low-cost-detergent-and-made-nirma-a-household-name-2987831-10.html
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April 20, 2014
Nirma Limited - Shabby Treatment of its Loyal Shareholders
Message Received :-
I have a few shares of Nirma Limited. I read on this blog that company tried to forcibly cancel shares in July 2013 and pay investors a small amount. Was the company successful in this? I did not receive any cheque for pending amount, hence i ask this question. Please let me know if anyone has knowledge or own Nirma shares.
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Blog Answer :-
Nirma Limited has treated its remaining LOYAL shareholders very shabbily.
Earlier ,at the time of Delisting Shares , in 2013 ,were bought @ Rs. 260 ( share Rs. 5 paid up ).
Recently , the remaining Non Promoter Shares were forcibly acquired @ Rs. 220 .Cheques have been despatched.
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EARLIER POSTS
I have a few shares of Nirma Limited. I read on this blog that company tried to forcibly cancel shares in July 2013 and pay investors a small amount. Was the company successful in this? I did not receive any cheque for pending amount, hence i ask this question. Please let me know if anyone has knowledge or own Nirma shares.
================================================================
Blog Answer :-
Nirma Limited has treated its remaining LOYAL shareholders very shabbily.
Earlier ,at the time of Delisting Shares , in 2013 ,were bought @ Rs. 260 ( share Rs. 5 paid up ).
Recently , the remaining Non Promoter Shares were forcibly acquired @ Rs. 220 .Cheques have been despatched.
=========================
.
EARLIER POSTS
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