Signify Innovations (Philips Lighting)

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Blog : It appears ( Please Recheck This ) that some shares of Signify Innovations ( Philips Lighting )available for Sale / Purchase with Dealers of Rare Indian shares .

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OLD POST

August 31, 2018

Philips Lighting - New Name -Signify Innovations India Limited

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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Philips Lighting Annual Report 2017-18

Please Click :-

Philips Lightning 

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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.

Shares are available with Dealers for ale / Purchase .

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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 ) 
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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 . )