New Post dt. 04 Feb 2022
Dalmia Refractories Merger Approved by NCLT Chennai- Share Price Shoots up in Unlisted Market- PLEASE RECHECK ALL INFORMATION
Vide orders pronounced on 03/02/2022 NCLT Chennai has approved the Merger Scheme of Dalmia Refractories Ltd.
Please click ;-
There are reports that following these approvals there has been a very sharp rise in the rate of Dalmia Refractories shares in the Unlisted Market .
Rate being reported is Rs.1100 - Rs.1250
PLEASE RECHECK THIS BEFORE TAKING ANY INVESTMENT DECISION
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Blog Credit to ;-
Mr. Vijay, Jalandhar , m 7009409142
himanshusoi478@gmail.com
Shareholders should register .
They should vote in favour of Merger
Shareholders should thank the Management for , firstly , dropping the move to a Holding company and secondly gor getting the Merged new company listed in BSE
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Blog Comments
1. Shares of existing Listed companies of the group i.e. Dalmia Bharat Limited and Dalmia Bharat Sugar are at their all time High rates . Very positive development for a good rate for Dalmia Bharat Refractories on its listing in BSE.
2 It appears that there is a very strong demand for Dalmia Refractories
shares in the current Unlisted Market . Dealers are phoning/sending
letters to Investors . There do not seem to be any sellers .
3 Share rates in the current Unlisted Market recently seems to have gone up substantially on the positive news of No Step Down Subsidiary and BSE Listing
Blog Caution
PLEASE RECHECK INDEPENDENTLY.
CAUTION- PLEASE DO NOT TAKE ANY INVESTMENT DECISION BASED ON THESE 3 POINTS .
PLEASE DO ONLY A FURTHER SELF STUDY
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OLD POST
April 20, 2021
Dalmia Refractories Merger Fresh Date - NCLT Shareholders Meeting-03/06/2021- 10 AM
| Dalmia Refractories Limited (DALMIAREF) | Broadcast Date And Time : 20/04/2021 09:44:05 | ||
| Announcement | : | Intimation Of Meeting | |
|---|---|---|---|
| Description | : |
Dalmia Refractories Limited
has informed to the Exchange that the Intimation of the dates of the
Rescheduled NCLT Convened Meetings of Equity Shareholders held on June
03, 2021, Secured Creditors and Unsecured Creditors of the Company
meeting will be held on May 27, 2021 | |
For More ,
First click ;-
https://www.msei.in/markets/equity/get-quotes/default?symbol=DALMIAREF&series=EQ
then click on
Intimation Of Meeting
20-Apr-2021
then for PDF download please click ;-
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Blog Credit
Mr. Vijay, Jalandhar , m 7009409142
Mr. Himanshu Soi
himanshusoi478@gmail.com
------------April 23, 2021
Dalmia Refractories Share Valued at Rs.1463 in 2019 by Official Valuation Experts
For Downloading the valuation Report , first click the link ;-
https://www.dalmiarefractories.com/otherdocument.html
then
click on + Scheme of Arrangement and Amalgamation
then
Download in PDF Valuation Report by clicking on ;-
Scheme of Amalgamation and Arrangement,
Page 13 , Annexure
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Blog Credit to ;-
Mr. Vijay, Jalandhar , m 7009409142
himanshusoi478@gmail.com
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Blog Comments ;-
1 .For 100 shares of Dalmia Refractories 768 shares of Dalmia Bharat Refractories , earlier named SDMM.
2 . Valuation of 1 share of Dalmia Bharat Refractories has been worked at Rs, 190 / 60 p.
3 . This is 2019 valuation parameters .Value of combined Entity may have gone up may be also because of depreciation of Indian Rupee .
4. Dalmia Bharat Refractories i.e. SDMM would be the ultimate manufacturing Co. and would be Listed , also in BSE. There would be No Step Down Company .
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Dalmia Refractories - Victory For Public Shareholders- Fresh Date Announced
Shareholders thank the Management for Revising the Terms of Merger
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1 .
Please refer to Para 1 Page 1 of the Intimation letter dt. 05/04/2021
As demanded by Public shareholders , Dalmia Refractories have dropped the move to transfer the entire business of the merged manufacturing entity Dalmia Bharat Refractories Limited to its Subsidiary Company namely Dalmia OCL Limited i.e. DOL.
THIS MEANS THAT THE MERGED ENTITY DALMIA BHARAT REFRACTORIES LTD WOULD NOT BECOME MERELY A HOLDING CO.
DALMIA BHARAT REFRACTORIES LTD WOULD BE THE FINAL MANUFACTURING CO.
SHARES OF DALMIA BHARAT REFRACTORIES LTD WOULD BE LISTED .
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2 .
BSE Listing to be CONSIDERED
Please refer to Para 6 ;7 of Page no. 22 of the Revised Scheme attached with Intimation Letter dt . 05/04/2021
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Fresh Date of NCLT CONVENED Meeting to be Announced
Please refer to Last Para , Page 2 of Intimation Letter dt. 05/04/2021
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DOWN LOAD intimation letter / revised Scheme
First click ;-
https://www.msei.in/markets/equity/get-quotes/default?symbol=DALMIAREF&series=EQ
Then for PDF Download
Disclosure U/R 30 Of SEBI (LODR) Regulations 2015
06-Apr-2021
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Congratulations to Shareholders
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Credit for information / Blog Gratitude to ;
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