Reliance Retail and Dunzo

 Please click ;--

https://www.business-standard.com/companies/start-ups/dunzo-seeks-20-million-additional-investment-from-reliance-retail-123071800322_1.html

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OLD POST

 

July 12, 2023

Reliance Retail shares Compulsory Cancellation , Deja Vu --Farm Enterprises 's Case

Earlier , Unlisted Equity shares of Reliance Enterprises were converted  into Unlisted Optionally Convertible Preference shares of Farm Enterprises ltd. 

Most of the shareholders could not exercise their Right to convert their Preference shares of Farm Enterprises into its Equity shares.

The big question is ; Who was allotted the lapsed Equity Rights and at what rate ?   

For more , please click ;-

 http://www.rareindianshares.info/search?q=farm+enterprises+  

Now , the case of compulsory cancellation of  Unlisted shares of Reliance Retail at a rate determined by Promoters .

 For more , please click ;-

http://www.rareindianshares.info/2023/07/reliance-retail-shareholders-plan.html 

http://www.rareindianshares.info/2023/07/reliance-retail-public-shares-find.html 

 Blog  Disclaimer 
PLEASE RECHECK ALL FACTS INDEPENDENTLY ALSO. 

  .PLEASE DO A FURTHER SELF STUDY

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old post

February 14, 2018

Games Promoters Play ( on Minority Public Shareholders ).

Promoters use clever moves to forcibly eject Public shareholders when ever they feel like i.e. when the Company has excellent future prospects or when it suits the Promoters. 

1 ) Selective cancellation of Non Promoters shares.

2 ) Conversion of Equity shares in to Redeemable Preference Shares.

3 ) Consolidation of face value of one share to a Higher Denomination .


In all cases , valuers are appointed and Paid by the Company. Thus they are Promoters' Agents.

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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 )

Saadda Haq , Ethey Rakh