Powers of the Board suspended and vested with a Resolution Professional.
Share Trading : Suspended from BSE .
Support Withdrawn by parent Japanese company .
25 th AGM on 21/12/2018 , 10 AM , in Mumbai
=============
Financial Results for the year ending 31/03/18 show:-
Sales : Rs. 681 cr
Gross Loss : ( Rs. 269 cr )
New Loss ( Rs. 894 cr )
Loss B/f Last year ( Rs 1371 cr )
Loss c/f ( Rs. 2255 cr )
EPS : MINUS (-Rs.225 / share of Rs. 10 Face Value )
( PLEASE RECHECK ALL FIGURES )
===========
As on 31/03/2018
Share Capital : Rs. 40 cr
Reserves : MINUS ( - Rs. 1086 cr )
Share Rs. 10 paid up
=======================+. Blog Comment : After IBC Resolution will any thing be left for Public share holders ?
============================
Please read :-
https://www.bloombergquint.com/markets/did-the-fraud-at-ricoh-india-begin-much-before-the-company-claims#gs.C_uCyb8
https://www.bloombergquint.com/markets/2017/10/30/losses-at-fraud-hit-ricoh-india-hit-japanese-parent#gs.O9ztv74
---------------------------
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
( PS : All information given in good faith. Please recheck all facts etc. No responsibility with this author / blog
Share Trading : Suspended from BSE .
Support Withdrawn by parent Japanese company .
25 th AGM on 21/12/2018 , 10 AM , in Mumbai
=============
Financial Results for the year ending 31/03/18 show:-
Sales : Rs. 681 cr
Gross Loss : ( Rs. 269 cr )
New Loss ( Rs. 894 cr )
Loss B/f Last year ( Rs 1371 cr )
Loss c/f ( Rs. 2255 cr )
EPS : MINUS (-Rs.225 / share of Rs. 10 Face Value )
( PLEASE RECHECK ALL FIGURES )
===========
As on 31/03/2018
Share Capital : Rs. 40 cr
Reserves : MINUS ( - Rs. 1086 cr )
Share Rs. 10 paid up
=======================+. Blog Comment : After IBC Resolution will any thing be left for Public share holders ?
============================
Please read :-
https://www.bloombergquint.com/markets/did-the-fraud-at-ricoh-india-begin-much-before-the-company-claims#gs.C_uCyb8
https://www.bloombergquint.com/markets/2017/10/30/losses-at-fraud-hit-ricoh-india-hit-japanese-parent#gs.O9ztv74
---------------------------
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
( PS : All information given in good faith. Please recheck all facts etc. No responsibility with this author / blog
=======================================
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