Please click ;-
----------------------
OLD POSTS
July 23, 2023
Reliance Retail Upgrading its Trends Stores ET Link
Please click ;-
OLD POSTS
uly 22, 2023
Reliance Retail Q 1-2024 Profit Rises
Please click ;-
OLD POSTS
July 20, 2023
Reliance Retail Buyback - ET views
Please click ;-
Blog Comments
We do not agree with ET's contentions because
1 .There is absolutely no need to compulsorily cancel minority shares.
2 Minority shareholders should be allowed to appoint their own Independent valuers.
This Buy back should be Cancelled.
---------------
OLD POSTS
July 08, 2023
Reliance Retail Shareholders Plan Gandhian Satyagraha in Front of Reliance Stores
Reliance Retail shareholders are working on all actions to protect the interests of minority shareholders .
Shareholders intend to make a counter offer for acquiring majority shares
--------------
Blog Comments
Compulsory Buyback - Bad in Law - Are Anti Public Shareholders - Reed Relays Latest
OPPOSE COMPULSORY BUY BACK OF SHARES
Delisting may be OK .
But forced cancellation of Minority shares is not done even in Capitalism
Capitalism means Demand and Supply.
If the Majority wants
the Minority 's shares then , to Quote from Mario Puzo 's Godfather " "
They should make an offer we cannot refuse "
. Let them approach us and buy at a mutually agreeable price but not at a Dictated Price.
Free will transactions are the essence of Capitalism---------------
If the Company feels that the rate
it is offering is " FAIR " then it should , also , be willing to offer
to sell its entire majority holding at that rate . The minority share
holders ( and other Indian share holders ) should have a Right of Pre
emption at that " FAIR " rate. For example if Cadbury India Limited
feels that Rs.2000 is a " fair rate " then Indian shareholders in
general should be given an opportunity to form a SPV ( Special Purpose
Vehicle ) Company which ( with suitable debt equity Leveraged Buy out )
and buy at the same rate the majority shares from the Promoters. A
period of 6 months should be kept for giving this opportunity to Non
Promoter Indian shareholders ------------OLD POST of 2011 regarding Cadbury - Post For INFORMATIONAL PURPOSE ONLY January 24, 2011
Cadbury - " Quit India "
Indian investors are World 's Best .
( China is more of hype China is hidden
behind a " bamboo curtain " whereas India is transparent . China does
not hold census and thus all economic stats like Per Capita Income etc.
are glorified speculations )
It is a matter of great pride for us
Indians that East India Company , the joint stock company which once
ruled India and other parts of Asia and Africa , is now owned by an
Indian .
http://www.deccanherald.com/content/52595/an-indian-now-owns-east.html
If East India Company can be owned by Indians so can be Cadbury India Limited.
Indians can buy out Kraft Foods 's shares at the " FAIR " value being worked out by Cadbury itself.
---------------------------------------------------------------------------------------------------------------
If the Company feels that the rate it is offering is " FAIR " then it
should , also , be willing to offer to sell its entire majority holding
at that rate . The minority share holders ( and other Indian share
holders ) should have a Right of Pre emption at that " FAIR " rate. For
example if Cadbury India Limited feels that Rs.2000 is a " fair rate "
then Indian shareholders in general should be given an opportunity to
form a SPV ( Special Purpose Vehicle ) Company which ( with suitable
debt equity Leveraged Buy out ) and buy at the same rate the majority
shares from the Promoters. A period of 6 months should be kept for
giving this opportunity to Non Promoter Indian shareholders
However , we sincerely wish that Cadbury India Limited offers its
remaining loyal share holders " Kuchh Meetha " and in New Year 's "
Shubh Arambh " withdraws this move
---------------------------------------------------------------------------------------------------------------
http://www.suchetadalal.com/?id=175202d7-a5ce-be2f-492fe1477460&base=sub_sections_content&f&t=Essar%27s+Delisted+Saga
http://seekingalpha.com/news-article/1520805-cadbury-kraft-india-one-of-fastest-growing-operations-for-kraft-globally
http://rareindianshares.blogspot.com/2011/01/cadbury-india-limited.html
http://www.rareindianshares.info/2011/09/cadbury-india-limited-annual-report.html
http://www.rareindianshares.info/2012/03/cadbury-india-doing-vewry-well-link-to.html
http://altaisadvisors.com/blog/2012/07/08/cadbury-india/comment-page-1/#comment-1517
-----------------------------------------------------------------------------------------------------------------
http://www.moneycontrol.com/news/business/why-didn39t-you-give-fin-projections-to-ey-hc-asks-cadbury_562074.html
http://www.gauravblog.com/?p=1277
http://www.kraftfoodscompany.com/in/en/Brands/index.aspx
There are around 8,159 remaining non promoter shareholders who together own 2.42% stake in Cadbury India.
http://www.rareindianshares.info/2012/11/cadbury-india-faces-tax-evasion.html
http://www.rareindianshares.info/2012/11/cadbury-india-or-mondelez-international.html
--------------------------------------------------------------------------------------------------------------
http://www.rareindianshares.info/2013/02/cadbury-india-excellent-prospects.html
---------------------------------------------------------------------------------
http://economictimes.indiatimes.com/personal-finance/savings-centre/analysis/small-equity-investor-how-to-safeguard-your-interests/articleshow/21742266.cms?curpg=3 ---------
NEW 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 ;-Now , the case of compulsory cancellation of Unlisted shares of Reliance Retail at a rate determined by Promoters . For more , please click ;- Blog Disclaimer
PLEASE RECHECK ALL FACTS INDEPENDENTLY ALSO. .PLEASE DO A FURTHER SELF STUDY
---------------
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.
Delisting may be OK .
But forced cancellation of Minority shares is not done even in Capitalism
Capitalism means Demand and Supply.
If the Majority wants
the Minority 's shares then , to Quote from Mario Puzo 's Godfather " "
They should make an offer we cannot refuse "
. Let them approach us and buy at a mutually agreeable price but not at a Dictated Price.
Free will transactions are the essence of Capitalism
---------------
If the Company feels that the rate it is offering is " FAIR " then it should , also , be willing to offer to sell its entire majority holding at that rate . The minority share holders ( and other Indian share holders ) should have a Right of Pre emption at that " FAIR " rate. For example if Cadbury India Limited feels that Rs.2000 is a " fair rate " then Indian shareholders in general should be given an opportunity to form a SPV ( Special Purpose Vehicle ) Company which ( with suitable debt equity Leveraged Buy out ) and buy at the same rate the majority shares from the Promoters. A period of 6 months should be kept for giving this opportunity to Non Promoter Indian shareholders
------------
OLD POST of 2011 regarding Cadbury - Post For INFORMATIONAL PURPOSE ONLY
January 24, 2011
Cadbury - " Quit India "
Indian investors are World 's Best .
( China is more of hype China is hidden behind a " bamboo curtain " whereas India is transparent . China does not hold census and thus all economic stats like Per Capita Income etc. are glorified speculations )
It is a matter of great pride for us Indians that East India Company , the joint stock company which once ruled India and other parts of Asia and Africa , is now owned by an Indian .
http://www.deccanherald.com/content/52595/an-indian-now-owns-east.html
If East India Company can be owned by Indians so can be Cadbury India Limited.
Indians can buy out Kraft Foods 's shares at the " FAIR " value being worked out by Cadbury itself.
---------------------------------------------------------------------------------------------------------------
If the Company feels that the rate it is offering is " FAIR " then it should , also , be willing to offer to sell its entire majority holding at that rate . The minority share holders ( and other Indian share holders ) should have a Right of Pre emption at that " FAIR " rate. For example if Cadbury India Limited feels that Rs.2000 is a " fair rate " then Indian shareholders in general should be given an opportunity to form a SPV ( Special Purpose Vehicle ) Company which ( with suitable debt equity Leveraged Buy out ) and buy at the same rate the majority shares from the Promoters. A period of 6 months should be kept for giving this opportunity to Non Promoter Indian shareholders
However , we sincerely wish that Cadbury India Limited offers its remaining loyal share holders " Kuchh Meetha " and in New Year 's " Shubh Arambh " withdraws this move
---------------------------------------------------------------------------------------------------------------
http://www.suchetadalal.com/?id=175202d7-a5ce-be2f-492fe1477460&base=sub_sections_content&f&t=Essar%27s+Delisted+Saga
http://seekingalpha.com/news-article/1520805-cadbury-kraft-india-one-of-fastest-growing-operations-for-kraft-globally
http://rareindianshares.blogspot.com/2011/01/cadbury-india-limited.html
http://www.rareindianshares.info/2011/09/cadbury-india-limited-annual-report.html
http://www.rareindianshares.info/2012/03/cadbury-india-doing-vewry-well-link-to.html
http://altaisadvisors.com/blog/2012/07/08/cadbury-india/comment-page-1/#comment-1517
-----------------------------------------------------------------------------------------------------------------
http://www.moneycontrol.com/news/business/why-didn39t-you-give-fin-projections-to-ey-hc-asks-cadbury_562074.html
http://www.gauravblog.com/?p=1277
http://www.kraftfoodscompany.com/in/en/Brands/index.aspx
There are around 8,159 remaining non promoter shareholders who together own 2.42% stake in Cadbury India.
http://www.rareindianshares.info/2012/11/cadbury-india-faces-tax-evasion.html
http://www.rareindianshares.info/2012/11/cadbury-india-or-mondelez-international.html
--------------------------------------------------------------------------------------------------------------
http://www.rareindianshares.info/2013/02/cadbury-india-excellent-prospects.html
---------------------------------------------------------------------------------
http://economictimes.indiatimes.com/personal-finance/savings-centre/analysis/small-equity-investor-how-to-safeguard-your-interests/articleshow/21742266.cms?curpg=3
( China is more of hype China is hidden behind a " bamboo curtain " whereas India is transparent . China does not hold census and thus all economic stats like Per Capita Income etc. are glorified speculations )
It is a matter of great pride for us Indians that East India Company , the joint stock company which once ruled India and other parts of Asia and Africa , is now owned by an Indian .
http://www.deccanherald.com/content/52595/an-indian-now-owns-east.html
If East India Company can be owned by Indians so can be Cadbury India Limited.
Indians can buy out Kraft Foods 's shares at the " FAIR " value being worked out by Cadbury itself.
---------------------------------------------------------------------------------------------------------------
If the Company feels that the rate it is offering is " FAIR " then it should , also , be willing to offer to sell its entire majority holding at that rate . The minority share holders ( and other Indian share holders ) should have a Right of Pre emption at that " FAIR " rate. For example if Cadbury India Limited feels that Rs.2000 is a " fair rate " then Indian shareholders in general should be given an opportunity to form a SPV ( Special Purpose Vehicle ) Company which ( with suitable debt equity Leveraged Buy out ) and buy at the same rate the majority shares from the Promoters. A period of 6 months should be kept for giving this opportunity to Non Promoter Indian shareholders
However , we sincerely wish that Cadbury India Limited offers its remaining loyal share holders " Kuchh Meetha " and in New Year 's " Shubh Arambh " withdraws this move
---------------------------------------------------------------------------------------------------------------
http://www.suchetadalal.com/?id=175202d7-a5ce-be2f-492fe1477460&base=sub_sections_content&f&t=Essar%27s+Delisted+Saga
http://seekingalpha.com/news-article/1520805-cadbury-kraft-india-one-of-fastest-growing-operations-for-kraft-globally
http://rareindianshares.blogspot.com/2011/01/cadbury-india-limited.html
http://www.rareindianshares.info/2011/09/cadbury-india-limited-annual-report.html
http://www.rareindianshares.info/2012/03/cadbury-india-doing-vewry-well-link-to.html
http://altaisadvisors.com/blog/2012/07/08/cadbury-india/comment-page-1/#comment-1517
-----------------------------------------------------------------------------------------------------------------
http://www.moneycontrol.com/news/business/why-didn39t-you-give-fin-projections-to-ey-hc-asks-cadbury_562074.html
http://www.gauravblog.com/?p=1277
http://www.kraftfoodscompany.com/in/en/Brands/index.aspx
There are around 8,159 remaining non promoter shareholders who together own 2.42% stake in Cadbury India.
http://www.rareindianshares.info/2012/11/cadbury-india-faces-tax-evasion.html
http://www.rareindianshares.info/2012/11/cadbury-india-or-mondelez-international.html
--------------------------------------------------------------------------------------------------------------
http://www.rareindianshares.info/2013/02/cadbury-india-excellent-prospects.html
---------------------------------------------------------------------------------
http://economictimes.indiatimes.com/personal-finance/savings-centre/analysis/small-equity-investor-how-to-safeguard-your-interests/articleshow/21742266.cms?curpg=3
---------
NEW POST
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.
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 ;-
Now , the case of compulsory cancellation of Unlisted shares of Reliance Retail at a rate determined by Promoters .
For more , please click ;-
Blog Disclaimer
PLEASE RECHECK ALL FACTS INDEPENDENTLY ALSO.
PLEASE RECHECK ALL FACTS INDEPENDENTLY ALSO.
.PLEASE DO A FURTHER SELF STUDY
---------------
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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