January 31, 2020

Caronavirus- Money Opportunity For Some

Share of 3M India Jumps Rs750 / share in a single day

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3 M ( an American MNC ) stands For Minnesota , Mining and Manufacturing Co.

Calcutta Stock Exchange-Annual Report-2018-19

Please click :-

https://www.cse-india.com/upload/upload/Annual_Report_2018-19.pdf



It appears some shares of Calcutta Stock Exchange ( Face Value Re. 1 ) are available for Sale / Purchase with Dealers of Rare Indian Shares.

January 30, 2020

Share Markets Open on Budget Day -01-02-2020

Please click :-

https://www.business-standard.com/article/pti-stories/stock-markets-to-be-open-on-budget-day-bse-120012200644_1.html

When is Budget 2020?
Budget 2020-21 will be the first full-fledged budget of the Narendra Modi-led government after getting re-elected in May 2019. The budget is scheduled to begin at 11 am in the Lok Sabha.


Indofil Promoters KK Modi Group - Developments

Please click :-

https://www.livemint.com/news/india/family-working-to-solve-differences-lalit-modi-11580318815481.html


https://www.business-standard.com/article/companies/all-assets-of-the-k-k-modi-group-are-up-for-sale-tweets-lalit-modi-120012800038_1.html

For More on KK Modi Group, please click :-

http://www.modi.com/sitemap.html
.




It appears some shares of Indofil are available for Sale / Purchase with Dealers of Rare Indian Shares.


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OLD POST

October 03, 2019


Indofil Industries-Annual Report 2018-19

Please Click :-

https://www.indofil.com/uploads/investor-relations/pdf/26th-annual-report-17.pdf


For More on Indofil ( demerged 2006 ) Chemical Units of KK Modi Group's Modipon ) after the division of assets among the Modi family

http://indofilcc.com/



January 29, 2020

NSE -World's Biggest Exchange in Derivatives

Please click :-

https://m.economictimes.com/markets/stocks/news/nse-emerges-as-worlds-largest-derivatives-exchange-in-2019/comment/73484223.cms


Blog : It appears some shares of NSE may be available for Sale / Purchase with Dealers of Rare Indian Shares .

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OLD POST 


January 29, 2020

Foreign Investors Buying NSE Pre IPO Shares ?

Please click :-

https://economictimes.indiatimes.com/markets/stocks/news/ontario-teachers-capital-international-in-talks-to-buy-a-stake-in-nse/articleshow/73719844.cms 



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OLD POST

January 06, 2020


NSE Approaches SEBI For IPO

Please click :-

https://www.moneycontrol.com/news/business/markets/nse-approaches-markets-regulator-sebi-for-ipo-4789401.html


https://economictimes.indiatimes.com/markets/ipos/fpos/natl-stock-exchange-approached-sebi-for-ipo/articleshow/73118399.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23

.

Blog Disclaimer : Please Recheck All Information


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January 06, 2020


State Bank May Sell Some NSE Shares ( Unlisted )

Please click :-


Also Click :-


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.

October 06, 2016



NSE -Bonus Issue, Interim Dividend-Stock Split ,IPO News

Bonus 1 :1

Interim Dividend : Rs.79/50p per Rs. 10 paid up share

Stock Split ; 10 shares of Re.1 each for every 1 share of Rs.10

============================= 


NSE gets board nod to launch IPO via OFS, clears bonus shares NSE plans to get listed in India as well as abroad. It will file draft IPO papers with market regulator Sebi for the domestic public issue by January 2017 while it will file for overseas listing by April next year.

Read more at
Please Click :-

http://www.livemint.com/Companies/A8s2y62porVtu8XpPK0U3N/NSE-may-divest-25-stake-via-offerforsale-route.html

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OLD POST

September 20, 2016


NSE IPO ( OFS ) Value Creation For Investors

The valuation of NSE is around two-and-a-half times the level at which shares in the bourse last changed hands. In July, State Bank of India (SBI) sold a 5% stake in NSE to Mauritius-based Veracity Investments Ltd for Rs911 crore, valuing the exchange at Rs18,200 crore. 

More at :-
http://www.livemint.com/Money/wc6Hoi2okG1o4PaerG9kkM/NSE-IPO-values-it-at-Rs45000-crore.html

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http://www.moneycontrol.com/news/ipo-news/nse-ipo-is-more-value-creationstore-for-investors_7480461.html


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OLD POST

August 25, 2016


NSE- Pre IPO-Block Deals @ Rs 4000-4050 / Share

NSE ( National Stock Exchange ) is in the process of an IPO ( So is BSE ).

More at :-

Foreign Investors Buying NSE Pre IPO Shares ?

Please click :-

https://economictimes.indiatimes.com/markets/stocks/news/ontario-teachers-capital-international-in-talks-to-buy-a-stake-in-nse/articleshow/73719844.cms 


NSE -, now , World's Biggest Exchange in Derivatives


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Blog : It appears some shares of NSE may be available for Sale / Purchase with Dealers of Rare Indian Shares 

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OLD POST

January 06, 2020


NSE Approaches SEBI For IPO

Please click :-

https://www.moneycontrol.com/news/business/markets/nse-approaches-markets-regulator-sebi-for-ipo-4789401.html


https://economictimes.indiatimes.com/markets/ipos/fpos/natl-stock-exchange-approached-sebi-for-ipo/articleshow/73118399.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23

Blog : It appears some shares of NSE may be available with Share Dealers for Sale / Purchase ( Please Recheck )

Blog Disclaimer : Please Recheck All Information


---------------

January 06, 2020


State Bank May Sell Some NSE Shares ( Unlisted )

Please click :-


Also Click :-


============

.

October 06, 2016



NSE -Bonus Issue, Interim Dividend-Stock Split ,IPO News

Bonus 1 :1

Interim Dividend : Rs.79/50p per Rs. 10 paid up share

Stock Split ; 10 shares of Re.1 each for every 1 share of Rs.10

============================= 


NSE gets board nod to launch IPO via OFS, clears bonus shares NSE plans to get listed in India as well as abroad. It will file draft IPO papers with market regulator Sebi for the domestic public issue by January 2017 while it will file for overseas listing by April next year.

Read more at
Please Click :-

http://www.livemint.com/Companies/A8s2y62porVtu8XpPK0U3N/NSE-may-divest-25-stake-via-offerforsale-route.html

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OLD POST

September 20, 2016


NSE IPO ( OFS ) Value Creation For Investors

The valuation of NSE is around two-and-a-half times the level at which shares in the bourse last changed hands. In July, State Bank of India (SBI) sold a 5% stake in NSE to Mauritius-based Veracity Investments Ltd for Rs911 crore, valuing the exchange at Rs18,200 crore. 

More at :-
http://www.livemint.com/Money/wc6Hoi2okG1o4PaerG9kkM/NSE-IPO-values-it-at-Rs45000-crore.html

----------------

http://www.moneycontrol.com/news/ipo-news/nse-ipo-is-more-value-creationstore-for-investors_7480461.html


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OLD POST

August 25, 2016


NSE- Pre IPO-Block Deals @ Rs 4000-4050 / Share

NSE ( National Stock Exchange ) is in the process of an IPO ( So is BSE ).

More at :-

Buying CIAL ( Cochin International ) @ Rs.200


I would like to buy 1000 CIAL shares @ 200, 


if interested to sell contact dertour@gmail.com 

January 28, 2020

Dalmia Refractories Merger Update

Dalmia Refractories Limited informed to the Exchange regarding update with respect to Scheme of Amalgamation and Arrangement amongst Dalmia Refractories Limited and GSB Refractories India Private Limited and Sri Dhandauthapani Mines and Minerals Limited and Ascension Commercio Private Limited and their respective Shareholders and Creditors.

https://www.msei.in/ListingData/2020/DALMIAREF/AN/200103_DALMIAREF_AN_01.pdf


It appears some shares of Dalmia Refractories are available with Dealers of Rare Indian Shares  (Please Recheck this ).

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OLD POST

November 15, 2019


Merger of Dalmia Refractories , Refractories Unit of Dalmia Cement Bharat

https://www.bseindia.com/xml-data/corpfiling/AttachLive/59009ab2-128e-443d-b03a-e214a060244b.pdf

Dalmia Refractories Limited ("DRL") and Dalmia Cement (Bharat) Limited ("DCBL") , at their respective Board meetings held on 14th November 2019, have approved Schemes of Arrangement through which their respective refractory businesses will be consolidated under a single operating entity, which is proposed to be renamed as *Dalmia OCL Limited (“DOL"). This entity (DOL) in turn would be held by a holding company, which is proposed to be renamed as *Dalmia Bharat Refractories Limited ("DBRL"). 

DBRL would initially be listed on Calcutta Stock Exchange and Metropolitan Stock Exchange of India, the exchanges on which DRL is currently listed.

.Pursuant to the Scheme, DRL will be amalgamated with SDMM 


768 (Seven Hundred and Sixty Eight) Equity Shares of the face value of INR 10/- each of SDMM, credited as fully paid-up, shall be issued and allotted for every 100 (One Hundred) Equity Shares of the face value of INR 10/- each held in DRL


SDMM is an entity identified to carry out the refractory operations of the Dalmia Cement (Bharat) Limited (‘DCBL’). Pursuant to a separate Scheme of Arrangement between DCBL and SDMM and their respective shareholders and creditors, the refractory business of DCBL will be transferred to SDMM in the manner and on terms set out in that scheme (“Scheme 1”). The Appointed Date for Scheme 1 is April 1, 2019.

For Complete Notification  and Q2-2020 Results, please click :-

https://www.msei.in/ListingData/2019/DALMIAREF/AN/191114_DALMIAREF_AN_01.pdf

====================

NEW POST

November 16, 2019


Dalmia Refractories Share Valued at Rs.955 / Share in Merger Plan -PLEASE RECHECK INDEPENDENTLY ALSO

Please refer to Page  3 

 https://www.msei.in/ListingData/2019/DALMIAREF/AN/191114_DALMIAREF_AN_01.pdf


Valuation of Dalmia Refractories put at Rs. 301  crore

Share Capital of Dalmia Refractories = Rs. 3 cr 15 lakh

So , Value per share = Rs.955 per share

Further , the merged new entity  would have combined Refractories business of present Dalmia Refractories and Dalmia Cement Bharat Limited

As Dalmia Cement Bharat Limited is currently listed in BSE / NSE it stands to reason that shares of SDMM may, also , be listed in BSE / NSE as SDMM , also , would have the demerged Refractory business of a listed Company i.e.Dalmia Cement Bharat.



So , by no stretch of imagination can a BSE / NSE listed Company / its Unit , as in this case, be merged in company which would remain listed only in Calcutta Stock Exchange and Metropolitan Stock Exchange ( both are Inoperational Stock Exchanges ).
-----------------


Blog OBSERVATIONS ( PLEASE RECHECK / RECALCULATE INDEPENDENTLY ALSO


1 ) For Dalmia Refractories shareholders it appears to be a Bonus Issue

2 ) There would be ultimate Listing in BSE / NSE of the amalgamated Company. This would mean great Value unlocking for shareholders of Dalmia Refractories. Bonanza for Dalmia Refractories shareholders ? ( PLEASE RECHECK / RECALCULATE INDEPENDENTLY ALSO )


CAUTION- PLEASE DO NOT TAKE ANY INVESTMENT DECISION BASED ON THE ABOVE STATED  CONJECTURES . 

PLEASE DO ONLY A FURTHER SELF STUDY

==========================

Blog Comments ( PLEASE RECHECK INDEPENDENTLY )

SDMM would be renamed Dalmia Bharat Refractories Limited ("DBRL"). - Holding Company
ACPL would be renamed as Dalmia OCL Limited (“DOL").-with combined Refractory business of present Dalmia Refractories and Dalmia Cement Bharat Limited

As Dalmia Cement Bharat Limited is currently listed in BSE / NSE it stands to reason that shares of SDMM may, also , be listed in BSE / NSE as SDMM , also , would have the demerged Refractories business of listed Dalmia Cement Bharat.

So , by no stretch of imagination can a BSE / NSE listed Company / its Unit , as in this case, be merged in company which would remain listed only in Calcutta Stock Exchange and Metropolitan Stock Exchange ( both are Inoperational Stock Exchanges ).

----------------

Blog OBSERVATIONS ( PLEASE RECHECK INDEPENDENTLY )

CAUTION- PLEASE DO NOT TAKE ANY INVESTMENT DECISION BASED ON THE FOLLOWING CONJECTURES . PLEASE DO ONLY A FURTHER SELF STUDY

1 ) For Dalmia Refractories shareholders it appears to be a Bonus Issue

2 ) There would be ultimate Listing in BSE / NSE of the amalgamated Company. This would mean great Value unlocking for shareholders of Dalmia Refractories. Bonanza for Dalmia Refractories shareholders ? ( PLEASE RECHECK INDEPENDENTLY )

----------------


.
General Warning : Investment in Shares Can be Injurious to Your WEALTH

Disclosure : The Blog writer in his / family names has  holdings in this Company So please make suitable " provisions " for any likely Over Optimism


NB :All information given in good faith. Please recheck every point before taking any investment decision. No responsibility with this Blog or Blog Writer

Alok Industries -Face Value Reduced to Re.1

January 24, 2020

ITI FPO 24 to 28 January 2020

PLEASE RECHECK ALL INFORMATION
FOR SHCIL ACCOUNT HOLDERS - PROCEDURE

 
Sr. No.UPI Apps live on IPOUPI ID
1BHIM (android & iOS)@upi
2BHIM Axis Pay (only android)@axisbank
3BHIM SBIPay (only android)@sbi
4Citi Mobile (android & iOS) @citi & @citigold
5google pay(only android)@okhdfcbank
6HSBC Simply Pay (android & iOS)@hsbc
7iMobile by ICICI Bank (android users)@icici
8Phone-Pe (android & iOS)@ybl

Dear Client,
Please use the following simple steps to apply for ITI LTD - FPO through UPI :

Step 1 : Download any one UPI App to create your UPI Handle which will be used for IPO Application. This is a one time process, UPI handle once created can be used in all IPO applications.

The UPI App will guide you on the entire process of creating the UPI Handle. If UPI handle is already created, Step 1 can be skipped.
Step 2 :
  1. Visit https://www.shcilservices.com/ipo-online/​
  2. Select the IPO you wish to apply.
  3. Enter UCC  And Click On Populate Details.
  4. Enter the bid details.
  5. Enter the UPI handle in UPI Details.
  6. Click on Submit Application. You will get OTP on your registered mobile number.
  7. Enter OTP and click on Submit OTP. You’ll get application reference number.
Step 3 :
Once done, please use your UPI App to accept the mandate (there may be some delay due to process carried out by the exchange). The application amount will get blocked in your account and will be released only after the IPO allotment is over.

Once accepted, your application is through. For any clarification, please connect  us on
91-22 61778606 /  91-22 61778624  / 91-22 61778622

SBI Credit Card IPO ? - Unlisted Shares Rises -ET Link

Please click :-

https://economictimes.indiatimes.com/markets/ipos/fpos/sbi-cards-in-for-a-bumper-ipo-going-by-grey-market-swipes/articleshow/73570290.cm


It appears some shares of SBI Credit Card  are available, for Sale / Purchase with Dealers of Rare Indian Shares.  (Please Recheck this )

Made Optional -Reliance Retail -RIL Share Exchange

Please click :-


https://economictimes.indiatimes.com/markets/stocks/news/unlisted-reliance-retail-surges-as-ril-tweaks-mandatory-share-swap/articleshow/73570609.cms


https://economictimes.indiatimes.com/markets/stocks/news/ril-rolls-back-compulsory-share-swap-of-reliance-retail-unlisted-market-cheers/articleshow/73546459.cms


It appears some shares of Reliance Retail are available, for Sale / Purchase with Dealers of Rare Indian Shares  (Please Recheck this )

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OLD POSTS


anuary 02, 2020


Reliance Retail Shareholders May Challenge Compulsory Swap in EGM/NCLT

Please click :-

https://economictimes.indiatimes.com/markets/stocks/news/reliance-retail-shareholders-may-challenge-ril-share-swap-at-nclt/articleshow/73026460.cms

EGM on 23/01/2020 ( Please Recheck )

Aggrieved Investors feel that  if the Management is really worried about providing an Exit option to Reliance Retail shareholders then it should make the Swap Exercise Optional and Not Compulsory. 

Let the shareholders of Reliance Retail decide themselves whether they want a swap with RIL shares or wish to sell their shares in the Unlisted market. 

============

OLD POST


December 26, 2019



Reliance Retail Swap -Complete Scheme Details

Please click . the following link :-

https://www.ril.com/DownloadFiles/Retail/Scheme%20of%20Arrangement.pdf

It seems to be a Compulsory Reduction of Share Capital- Please Refer to Page 1,Para 6

Please , also ,refer to Page 3  Para 4 -It appears that this conversion is compulsory . ( Please Recheck this Independently , also ,and Please take No Investment Decision based on our Comments )

Some Non Reliance Employee Shareholders , who are  aggrieved by this move are talking about challenging it in the NCLT, Mumbai. ( Please Recheck this )

Blog Disclaimer : Please Recheck All Informations Independently. 

No Responsibility for its accuracy

.============

Earlier Post


December 26, 2019



Reliance Retail Shares -Offer to Convert to RIL shares ( Ratio 4:1)



OLD POST

July 02, 2019



Reliance Retail ( Unlisted ) Shares Active in Delisted Market


For More 

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February 14, 2018



Games Promoters Play ( on Minority Public Shareholders ).

Promoters use clever moves to forcibly eject Public shareholders when ever they feel like i.e. when the Company has excellent future prospects or when it suits the Promoters. 


1 ) Selective cancellation of Non Promoters shares.


2 ) Conversion of Equity shares in to Redeemable Preference Shares.


3 ) Consolidation of face value of one share to a Higher Denomination .



In all cases , valuers are appointed and Paid by the Company. Thus they are Promoters' Agents.


-------------------------- 

If the Company feels that the rate it is offering is " FAIR " then it should , also , be willing to offer to sell its entire majority  holding at that rate .

 The minority share holders ( and other Indian share holders ) should have a Right of Pre emption at that " FAIR " rate. 

For example if FCI OEN Connectors Limited feels that Rs.767 is a " fair rate " then Indian shareholders in general should be given an opportunity to form a SPV ( Special Purpose Vehicle ) Company which ( with suitable debt equity Leveraged Buy out ) and buy  at the same rate  the majority shares from the Promoters. 

A period of 6 months should be kept for giving this opportunity to Non Promoter Indian shareholders

FCI OEN Connectors-Compulsory Buyback at Fraction Value


FCI OEN Connectors is the latest Company ( like Cadbury India ) to compulsorily eject loyal Non Promoter shareholders @ Rs.767 /- per share. 

Real Valuation is Rs. 4000 + /- per share .


This anti Public shareholder move needs to be vigorously opposed


-----------------------


We are grateful to Mr. PP Zibi Jose of 



Tenrose Capital Services Ltd, Cochin
Tel - 0484- 2401685 ; 2401684 ( m ) 09388603877    email : tenrosekochi@gmail.com

  for taking up the issue


=================




Please click below for the entire fact sheet letter brilliantly written by Mr. Jose.



https://drive.google.com/open?id=0BxTiSqO5KwdeLUNYeW1qRHdTNUVrdUhkRXM0YS1kUTE1T0JZ

for more , please click


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Ban All Face Value Consolidations to Higher Denominations

Whereas Split of the face value of one share to a Lower denomination should be allowed ,Consolidation to a Higher Denomination should be absolutely banned by SEBI.

Consolidation to a Higher Denomination was done by Binani Metals, Rasoi Limited , attempted by Digvijay Finlease ( later withdrawn under Public shareholders' pressure ) and , now, being attempted ( but opposed by shareholders ) of Macrofil Investments Ltd ( a Nusli Wadia Company ).

Macrofil Investments rareindianshares.coLimited ( Nusli Wadia Investment Company )

Macrofil Investments is an Investment Holding Company of Nusli Wadia group ( Bombay Dyeing, Britannia , Bombay Burmah , National Peroxide etc ).


Marofil Investments holds ( on a very small capital base of Rs.44 Lakh ) inter alia one third of National Peroxides' Equity.

In the last one year Market price of shares of National Peroxide has gone up from Rs. 600 to Rs.2000.

Macrofil Investments has , very cleverly , devised a plan to consolidate face value of one share from Rs. 10 to Rs. 5000.

All the Non Promoter shareholders would be evicted.

The rate set is around Rs. 3400 per share. This has been worked out by Valuers appointed and paid by Macrofil Investments.

The realistic rate should be Rs. 10,000 + ( for Rs.10 share ).

file:///C:/Documents%20and%20Settings/admin/My%20Documents/Downloads/EGM%20NoticeMacrofil%20(2).pdf 
 

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also , please read


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Share Activism is a step in the Right Direction. There is , always , a threat of oppression by the Majority shareholders ( Promoters )on Minority ( Public ) shareholders.


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old posts

October 13, 2017



Minority Shareholders' Activism- Zindabad- Fight Against Oppression



please click


https://www.bloombergquint.com/business/2017/10/12/billionaires-taken-to-task-by-rise-of-india-s-minority-investors



=======================

Blog's old posts

Till date, the most powerful tool in the hands of minority shareholders has been bringing a suit for oppression and 

mismanagement, said Suhail Nathani, managing partner, Economic Law Practice. "Under the 2013 Companies Act, 

Section 245, over 100 shareholders can also file a class action suit but its application and enforcement is still nascent," 
he said. 

Read more at:

==================================


old posts

December 08, 2010




Asset Laden Holding / Investment Companies- Promoters Uninterested in True Value Unlocking

Promoters initially  invite public investment by selling shares in their holding companies . These holding companies promote new companies  Over a period of time their promoted  ventures succeed and the original investment made by the holding company multiplies many times over in value .

 Now , instead of genuinely sharing the wealth with all the stakeholders  , non promoter minority share holders of original holding companies are  treated by Promoters  as UNWANTED , like poor relatives at a rich cousin's marriage party.

for more , please click

============================

September 05, 2017


Justice Demanded by Small Investors From Asset Laden Investment Holding Companies - ET Link

please click the link



-----------------------------------------------------------
HUM MEHNAT KASH ISS DUNIYA SE

JAB APNA HISSA MANGEY GEY

IK BAGH NAHI; IKK KHET NAHIN

HUM SAARI DUNIYA MANGEY GEY

( Josh Malihabadi )



Saadda Haq , Ethey Rakh