April 16, 2023

Dalmia Bharat Refractories- Why Promoters Not Buying From Metropolitan Stock Exchange ?

 Dalmia Bharat Refractories' promoters are Buying / Selling its shares at Rs.  427/ share. 

Metropolitan Stock Exchange is reporting share transactions of Dalmia Bharat Refractories around Rs 160 / share. 

It makes a perfect Business sense for Promoters to buy more of these shares  from Metropolitan Stock Exchange at these rates.

 Blog Credit to ;-

 Mr. Vijay, Jalandhar , m 7009409142

himanshusoi478@gmail.com

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Blog Comments

1 . Why is Dalmia Bharat Refractories avoiding BSE / NSE Listing ?

2 . After the holding Company of Dalmia Refractories Dalmia Cement sold its entire stake at Rs. 427 / share why are Non Promoter shareholders not given an offer of exit at Rs. 427 / share.?

3 Why is the EGM dt. 20/04/2023 not being held Online but in Physical mode in a remote place ? Online     EGM makes a perfect sense as Corona cases have staged a come back .

Aggrieved shareholders of Dalmia Bharat Refractories are planning a protest rally at Jantar Mantar , New Delhi .  Online participation is also being worked out.A Memorandum is being  prepared for presentation to the Hon'ble Finance Minister . 

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OLD POSTS


March 27, 2023

Dalmia Bharat Refractories -Public Shareholders to Approach Hidenburg Research

 Hidenburg Research

https://hindenburgresearch.com/

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March 29, 2023

Dalmia Bharat Refractories Selling German Unit And , Giving Loans / Guarantees , Investment in Dalmia Bharat Shares, Hippo Stores Shares

EGM  on 20/04/2023 -Notice of Dalmia Bharat Refractories

https://crimg.kfintech.com/bmails/files/15733_DBRL_Final_Notice.pdf

 German Unit - Dalmia GSB Refractories sold for around Rs. 100 crore

ttps://www.sharecast.com/news/m-a/rhi-magnesita-buys-germanys-dalmia-gsb-refractories-for-euro13m--12829612.html 

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Blog Comments

Nothing  for Public / Non  Promoter shareholders of  Dalmia Bharat Refraxtories.

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 OLD POSTS

March 27, 2023

Dalmia Bharat Refractotries Shareholders Demand Buyback Offer at Rs 427 per Share , Also BSE Listing -JPC Probe Demanded

 

Dalmia Bharat Refractories - Promoters Sell Stake to Another Group Company at Rs. 427 /share

 

Please click ;- 


 https://www.bseindia.com/xml-data/corpfiling/AttachLive/8fba22df-82d3-45d6-836c-076dd281a0d9.pdf

 

The remaining   Non Promoter shareholders should also get a Buy back offer / Exit Option at Rs. 427 per share. There has been a Change of Promoters

 

Further , there should be immediate BSE listing , as was promised by the Promoters at the time of merger of Dalmia Refractories and OCL Refractories.

 

Investors are shocked to see that Dalmia Bharat Refractories has been listed at Calcutta Stock Exchange , which has no share trading and Metropolitan Stock Exchange .

 

How come Metropolitan Stock Exchange was reporting, a few days back , share transactions of Dalmia Bharat Refractories at Rs. 150 / share ,where as Promoters are selling their shares at Rs.427 / share.

 

Investors are demanding a full enqiry  into the workings of Dalmia Bharat Refractories and Metropolitan Stock Exchange .

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Old Post

 

March 27, 2023

Dalmia Bharat Refractories - Promoters Sell Stake to Another Group Company at Rs. 427 /share

 Please click ;-

https://www.bseindia.com/xml-data/corpfiling/AttachLive/8fba22df-82d3-45d6-836c-076dd281a0d9.pdf

https://www.moneycontrol.com/news/business/companies/dalmia-cement-to-sell-42-stake-in-associate-firm-to-sarvapriya-healthcare-for-rs-800-crore-10314631.html 

Blog Credit to ;-

 Mr. Vijay, Jalandhar , m 7009409142

himanshusoi478@gmail.com

We are, further , very thankful to Mr. Vijay, for calculating for us the price , paid by the Promoters , Damia Bharat Cement,for one share of Dalmia Bharat Refractories . This is Rs 427 / share

For 42;4 % stake price paid - Rs 800 crore

Full value of Dalmia Bharat Refractories Rs 1887 Cr

Share capital of Dalmia Bharat Refractories Rs. 44 cr 20 Lakh

Per Share price paid - Rs 427

Blog Comments

 It appears that some shares of Dalmia Bharat Refractories 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 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.


1 comment:

  1. What if any Dalmia Bharat Refractories shareholder gets Corona while attending , on 20/04/2023 ,the physical mode EGM ? . So , this EGM should be conducted in a Virtual mode / online.

    ReplyDelete