Dalmia Refractories Merger Passed by Shareholders

 

         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  ;-

https://nclt.gov.in/gen_pdf.php?filepath=/Efile_Document/ncltdoc/casedoc/3305118023342021/04/Order-Challenge/04_order-Challange_004_164395831010277077561fcd0265568b.pdf

 

 https://nclt.gov.in/gen_pdf.php?filepath=/Efile_Document/ncltdoc/casedoc/3305118023342021/04/Order-Challenge/04_order-Challange_004_164395831010277077561fcd0265568b.pdf

 

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

 

For Notification 's PDF Download

First click ;-

https://www.msei.in/markets/equity/get-quotes/default?symbol=DALMIAREF&series=EQ 

Then 

 Outcome Of Meeting
04-Jun-2021

 

Blog Credit to ;-

 Mr. Vijay, Jalandhar , m 7009409142

himanshusoi478@gmail.com

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OLD POSTS

 

May 25, 2021

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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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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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May 31, 2021

Dalmia Refractories 2020 -2021 Results ,

 https://www.msei.in/markets/equity/get-quotes/default?symbol=DALMIAREF&series=EQ

Then  for PDF download please click on  

 Financial Results Updates
31-May-2021

EPS Rs. 22/ 65 p

Dividend   Re 1 / share

Scheme of Merger  Under way 

 Secured Crditors Approve Merger on 27/05/2021

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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Blog ;  It appears some shares of Dalmia Refractories are available , for sale / purchase ,with Dealers of Rare Indian Shares ( Please Recheck this )

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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. 

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

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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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