New Post
Important Dalmia Refractories Merger- Video Court Meeting -Shareholders Must Attend.
http://www.rareindianshares.info/2021/03/announcement-details-dalmiaref.html
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Old / Original Post
Please click;-
https://www.dalmiabharat.com/dalmia-refractories/
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Blog Comments
It appears that the Merger process is in progress / pending
OLD POSTS- FOR INFORMATION PURPOSE ONLY / PLEASE RECHECK
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 ).
==================
OLD POST
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 ).
==================
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
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
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
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
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