Maharaja Shree Umaid Mills- 2022-2023- Annual Report

 Please click ;-

https://msumindia.com/Annual_Report_2022-23.pdf

 Blog Comments

 Some shares of Auckland Jute Company are available with Dealers of Rare Indian Shares 

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old posts

July 12, 2022

MaharajaShree Umaid Mills Shares in Demand

 It appears Dealers are sending letters to individual shareholders offering to buy their shares .

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Old Post

 

April 26, 2017

Maharaja Shree Umaid-Rights Allotment-Very Few Additionals

New Post

http://www.rareindianshares.info/2019/02/maharaja-shree-umaid-at-heavy-discount.html

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Maharaja Shree Umaid Mills ( which delisted in 2015 @ Rs.90 ) has made allotment in the Rights Issue.

Noteworthy feature is that very few additional shares ( over and above the entitlement ) have been allotted.

This means that Promoters , who already held nearly 92 % of the Equity may have further increased their percentage holding as they may have taken the Rights of Non applicants ( like dormant folios etc )   .

So , Maharaja Shree Umaid may be doing very well.

Apart from its Textile Unit (Pali - Rajasthan ) doing well, it appears that its massive Land Bank ( Kota - Rajasthan ) is , now , free of legal disputes and may be available for Real Estate development . 

The Plot measures 50 acres and in , in 2011, its worth was Rs. 500 crore.

source

http://economictimes.indiatimes.com/news/industry/cons-products/garments-/-textiles/paper-money-to-help-bangur-group-expand-tea-and-textile-biz/articleshow/10422102.cms?intenttarget=no

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OLD POSTs

July 22, 2014

Maharaja Shree Umaid is an asset laden Company belonging to the LN Bangur group with the intrinsic value many times over the current market price ( CMP ) of its share.


In 2011 Maharaja Shree Umaid got a whopping Rs.590 crore by selling its share holding in AP Paper

http://articles.economictimes.indiatimes.com/2011-10-20/news/30301509_1_international-paper-paper-companies-paper-sector

It seems that its Kota ( Rajasthan ) land bank 's legal hurdles  are over and Promoters are seeking delisting to avoid sharing  all benefits  .

source

http://www.rareindianshares.info/2014/07/maharaja-shree-umaid-mills-to-delist.html


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official site 


http://www.msumindia.com

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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.