Dalmia Bharat Refractories Listing - SEBI new Rules

 SEBI new rules

Time period for trading and listing of securities post merger/demerger has been extended by 15 days {i.e. earlier time period of 45 days (Trading in Securities) has been extended to 60 Days (which includes both listing & trading of Securities} from the date of NCLT order.

https://www.corporateprofessionals.com/regulatoryupdate/amendment-to-the-sebi-circular-relating-to-scheme-of-arrangement-involving-listed-companies/ 

 Blog Credit to ;-

 Mr. Vijay, Jalandhar , m 7009409142

himanshusoi478@gmail.com

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Important ; 

 Dalmia Bharat Sugar is listed in BSE / NSE. 

 Dalmia Bharat Refractories has been listed at Calcutta Stock Exchange and Metropolitan Stock Exchange , which have no share trading .

EXPERTS OPINE THAT INVESTORS OF DALMIA BHARAT CANNOT GET SHARES OF OF NON OPERATIONAL STOCK EXCHANGES LISTED COMPANY.

SO THERE WOULD BE   NSE / BSE LISTING OF DALMIA BHARAT REFRACTORIES

Please Recheck this.

As such there are , now , no sellers ,     in the Unlisted Market , of shares of  Dalmia Bharat Refractories even at Rs. 200 / share

Blog Caution 
PLEASE RECHECK INDEPENDENTLY. 

CAUTION- PLEASE DO NOT TAKE ANY INVESTMENT DECISION BASED ON THESE  POINTS  .

PLEASE DO ONLY A FURTHER SELF STUDY

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OLD POST

 

June 29, 2023

Dalmia Bharat Refractories-to Merge with it 2 NON Sugar Units of Dalmia Bharat Sugar

Please click ;-

https://www.bseindia.com/xml-data/corpfiling/AttachLive/49b9194f-bcc9-4a6c-8fc5-a9fe896b3c1e.pdf

 Blog Credit to ;-

 Mr. Vijay, Jalandhar , m 7009409142

himanshusoi478@gmail.com

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Blog Comments

It appears, which please RECHECK , that DMC means Dalmia Magnesite Corportion

https://www.dalmiasugar.com/boardofdirectors/gautam-dalmia/ 

and GT means Govan Travels

 https://www.mastersindia.co/gst-search/?name=dalmia-bharat-sugar-and-industries-limited&gstin=32AAACD2281K1ZW

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OLD POST

 The sale consideration  to RHI  is around Rs 1700 crore. Share capital , post merger , of Dalmia Bharat Refractories is around Rs.40 crore i.e. 4 crores of Rs.10 each, the value of 1 share of Dalmia Bharat Refractories is Rs.425 plus per share value of its holding of shares of Dalmia Bharat. So the NAV of 1share of Dalmia Bharat Refractories 1 is around Rs 500.

For more please click ;--

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

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  It appears some shares of Dalmia Refractories are available 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 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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