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

 --------------------

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

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

 

Saadda Haq , Ethey Rakh

--------- 

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

( Josh Malihabadi )

----------

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

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

 

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.