Dalmia Bharat Refractories Gets Bonanza of Rs. 2700 cr - Will it Share This With its Shareholders ?

 Please refer to Annexure 1 of  the link ;-

https://www.msei.in/ListingData/2023/DALMIARF/AN/230109_DALMIARF_AN_01.pdf 

Blog  credit to Mr. Vijay, Jalandhar , m 7009409142 himanshusoi478@gmail.com and Mr  KR Jayanthilal

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BLOG COMMENTS

ANNEXURE:1

S. No Particulars Details of transaction
a) The amount and percentage of the turnover
or revenue or income and net worth
contributed by such unit or division of the
listed entity during the last financial year
The turnover of the Indian refractory business
of DBRL for the FY 2021-2022 is INR 946
crores and the adjusted EBITDA for the FY
2021-2022 is INR 95 crores.

Net worth of DBRL for the financial year
2021-22 is INR 788.69 Crore

b d) consideration received from such
sale/disposal
Details of consideration to be received by the
Company against slump sale of business
undertaking as a going concern shall be as
follows subject to necessary adjustments in
accordance with the provisions of the BTA, if
any.:
• The lump sum consideration for an
amount approximately INR 393.29
Crore

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Please note the following ;-

1 Net worth of the entire businesses of Dalmia Bharaat Refractories -DBRL- in FY 2021-2022 was Rs.789 cr.

2. This included 5 Indian units and Chinese and German Units.

3 For sale / transfer of only 5 Indian Units ,  DBRL     receives , ultimately ,

a Rs.393 cr cash

b.  2,70,00,000 (two crore seventy lakhs shares by RHIM worth ,  at CMP , Rs  2300  Cr

c Total amount received ,  in cash and shares ,Rs 2700 cr approximately

d This works out  to be approximately Rs, 670 / share of Dalmia Bharat Refractories.

BLOG CAUTION -PLEASE RECALCULATE INDEPENDENTLY ALSO BEFORE TAKING ANY INVESTMENT DECISION

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old posts

 

Whatsapp Group of Dalmia Bharat Refractories Public Shareholders

 Please contact

Mr Amit Samaiya 99931 75275

 

January 06, 2023

Dalmia Bharat Refractories in Tearing Hurry in RHI Deal- Nothing For DBR Public Shareholders in Windfall Profits

 RHI Magnesia India takes control of Dalmia Bharat Refractories 5 Indian manufacturing units.

Please click the link ;-

https://archives.nseindia.com/corporate/RHIM_05012023200304_Binder1.pdf 

 Blog Credit to ;-

 Mr. Vijay, Jalandhar , m 7009409142

himanshusoi478@gmail.com

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Blog Comments

The entire deal has been done ;-

1. In undue haste / in a tearing hurry.

2. Without taking in to account the legal issues of LAW OF ESTOPPEL and RES JUDICATA which barred transfer of Units of Dalmia Bharat  Refractories to Dalmia OCL.

http://www.rareindianshares.info/2022/11/dalmia-bharat-refractories-rhi.html 

3. The whole scheme has been devised in such a manner so as to give nothing, out of these windfall profits, to Public /  Non Promoter shareholders of Dalmia Bharat Refractories.

 http://www.rareindianshares.info/2022/11/dalmia-bharat-refractories-direct.html 

'4 No exit option of selling / monetising allowed for Public shareholders of Dalmia Bharat Refractories as Dalmia Bharat Refractories has gone back from its promise of getting its shares listed in BSE . It got its shares listed in Calcutta Stock Exchange and Metropolitan Stock Exchange both of which have no share trading for public,

http://www.rareindianshares.info/2022/12/dalmia-bharat-refractories-shareholders.html

5. But Metropolitan Stock Exchange has special mechanism for allowing share transactions of  Chief Executive of Dalmia Bharat Refractories.

Metropolitan Stock Exchange has share trading for VVIP clients but not for small / Non VIP investors.

http://www.rareindianshares.info/2023/01/metropolitan-stock-exchange-dalmia.html

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Saadda Haq , Ethey Rakh

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HUM MEHNAT KASH ISS DUNIYA SE
JAB APNA HISSA MANGEY GEY
IK BAGH NAHI; IKK KHET NAHIN
HUM SAARI DUNIYA MANGEY GEY

( Josh Malihabadi )

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Some shares of Dalmia Bharat Refractories and Metropolitan Stock Exchange are available for Sale / Purchase with Dealers of Rare Indian Shares. 

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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 Dalmia Bharat Refractories 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.