August 07, 2024

Dalmia Bharat Refractories Q1-2025 Results. Share prices crosses Rs. 500 / share PLEASE RECHECK THIS

 For Q1-2025 Results, please click ;-

https://www.msei.in/MeetingAnnouncement/DALMIARF/Outcome%20of%20Board%20Meeting/202486/06082024_DALMIARF_01.pdf

 Blog Credit to ;-
Mr. Vijay, Jalandhar , m 7009409142   himanshusoi478@gmail.com

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 In the Unlisted market , Dalmia Bharat Refractories share  has Rs. 500 . Share is Rs 10 paid. Dalmia Bharat and Dalmia Sugar are Rs 2 paid. So , may be , a share split .PLEASE RECHECK THIS INDEPENDENTLY ALSO FROM SHARE DEALERS , BEFORE TAKING ANY INVESTMENT DECISION

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Progress on Birla Tyres Acquisition Q1-2025 Notes No 4

The Company along with Himadri Speciality Chemical Limited (HSCL) completed acquisition of Birla Tyre Limited (BTL) under Corporate Insolvency Resolution
Process pursuant to Order dated October 19, 2023 of Hon’ble National Company Law Tribunal, Kolkata Bench (NCLT). The Approved Resolution Plan contained
Financial Restructuring Scheme which provided for treatment of select assets and liabilities of BTL from the Restructuring Appointed Date (i.e. May 05, 2022),
demerger of Tyre Undertaking of BTL to the Company under Scheme of Demerger from Demerger Appointed Date (i.e. May 06, 2022) and eventual capital
reduction of the share capital of BTL. The above Schemes and related documents were filed with Registrar of Companies on November 04, 2023. The Company
along with HSCL became the 100% shareholder of BTL. 

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Progress on Units of Dalmia Bharat Sugar Q1-2025 Notes No 7

 The Board of Directors of the Company on February 2, 2024, have approved the Scheme of Amalgamation (the Scheme) between Dalmia Bharat Sugar and
Industries Limited (the Demerged Company) and the Company and their respective shareholders under Sections 230 to 232 and all other applicable provisions of
the Companies Act, 2013 for transfer and vesting of Demerged Undertaking 1 or “DMC Unit” i.e. the refractory business of Demerged Company which is engaged in
the business of manufacturing of refractories and Demerged Undertaking 2 or “GT Unit” i.e. the tours and travel service business of Demerged Company into the
Company on a going concern basis. In consideration of it, the Company shall issue and allot New Equity Shares of face value of ₹ 10/- each, to the equity
shareholders holding fully paid up equity shares of the Demerged Company in the proportion defined in the scheme. 

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OLD POSTS

July 17, 2024

Dalmia Bharat Refractories share Shoots up on News of Restart Soon of Birla Tyres 

 

Birla Tyres

Birla Tyres: Birla Tyres to re-enter market with new products in Q4 - Times of India

Please click ;-

https://timesofindia.indiatimes.com/city/kolkata/birla-tyres-to-re-enter-market-with-new-products-in-q4/articleshow/111793517.cms

 Blog Credit to ;-

 Mr. Vijay, Jalandhar , m 7009409142

himanshusoi478@gmail.com

Birla Tyres Land Bank, Auditors ' Report 

https://www.dalmiaocl.com/documents/Financial_Statements-of-Himadri-Birla-Tyre_Manufacturer-Private-Limited.pdf

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OLD POSTS

Birla  Tyres  and Dalmia Bharat Refractories

Please click ;-

https:// drive.google.com/file/d/19EEQP4FoCII-uepGdcPXwEhbaxFjkyYK/view?usp=sharing

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Birla Tyres - Lottery ? Also for Dalmia Bharat Refactories - Acquired at Rs 347 cr Relacement cost Rs.3100 cr.

 

Source of this information

 https://www.bseindia.com/xml-data/corpfiling/AttachHis/aa95abfa-674b-40a5-8cf7-111ff3110015.pdf


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Blog Comments

This development explains why HNI s were  holding on / increasing their share holdings of Dalmia Bharat Refractories and Share Dealers have been approaching individual shareholders  for purchase of their shares

 Share rate of Dalmia Bharat Refractories has risen sharply , as per the buzz in the Unlisted Market circles/

INVESTORS ARE DISCUSSING THAT THE MARKET OF DALMIA BHARAT REFRACTORIES CAN GO UP  to Rs. 500 per SHARE

 BLOG CAUTION - PLEASE RECHECK ALL INFORMATION INDEPENDENTLY ALSO BEFORE TAKING ANY INVESTMENT

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May be Soon NSE / BSE Listing Because of  Demerger of  Dalmia Bharat Sugar Units

Merger of some Units of Dalmia Bharat Sugar

https://www.msei.in/MeetingAnnouncement/DALMIARF/Company%20Update/202422/02022024_DALMIARF_03.pdf

 

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Because of Demerger ,shareholders of Dalmia Bharat Sugar , which is  currently listed in NSE and BSE would get shares of Dalmia Bharat Refractories ,which is a defacto Unlisted share , So Dalmia Bharat Refractories ' share would get listed in BSE / NSE

Rationale for this BSE /NSE listing conjecture


SEBI New Listing 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/ 

 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

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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February 16, 2024

Dalmia Bharat Refractories - Rs 676 / 50 p per share Valuation by Company's Calculations

 

Fantastic Official Valuation and Hidden Assets

Please refer to Page 5 , Point 16;2 of the link 

https://www.dalmiaocl.com/documents/Valuation_Report.pdf

Share Exchange Ratio between Dalmia Bharat Sugar and Dalmia Bharat Refractories

https://www.dalmiaocl.com/documents/Scheme_of_Arrangment.pdf

 Blog Credit to ;-

 Mr. Vijay, Jalandhar , m 7009409142

himanshusoi478@gmail.com

 

Dalmia Bharat Refractories- 2023-2024 Annual Report- Fantastic Prospects

Please click ;

https://crimg.kfintech.com/bmails/files/18674Annual_Report_2023-24.pdf

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It appears some shares of Dalmia Refractories are available with Dealers of Rare Indian Shares  .

BLOG DISCLAIMER


General Warning : Investment in Shares Can be Injurious to Your WEALTH

Disclosure : The Blog writer in his / family names has  holdings in Dalmia Bharat Refractories  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:

tushar agarwal said...

Good news for Frick share holders
Stock split and bonus on card on 14th August meeting
At last a joyful moment