Please click ;-
April 21, 2021
Chargebee Latest Startup to Become an Unicorn
Please click ;-
Blog Comments; A Unicorn status means when the Company attains $ 1 billion i.e. Rs 7500 cr Plus Valuation.
Official Website
April 20, 2021
Why did Pakistan Not Attack Kashmir in 1962 . But Did so in1965
A Question in Quora
---------------
Why didn't Pakistan try to wrest Kashmir from India in 1962 but tried to do so in 1965?
-------------
My answer
-----------
Very interesting question
In 1962 Pakistan was not politically / diplomatically prepared to militarily annex Kashmir .
In fact Pakistan was even prepared to help India to jointly face the Chinese threat ,
When Nehru rejected Pakistan's offer of 'joint defence' pact against China
Ayub Khan was wary of expansionism by Communist China
https://www.theweek.in/news/
Further , Pakistan was then an Alliance partner of USA .USA had directed Pakistan not to open another front against India .
US stopped Pakistan from attacking 'vulnerable' India in 62: Ex-CIA official | The Express Tribune
According to Bruce Reidel, US sought assurances from Ayub Khan Pakistan would not take advantage of Sino-India war
https://tribune.com.pk/story/
————————-
India , Pakistan , Chinese relations changed very dramatically after 1962
Pakistan under the guidance of Bhutto struck an anti deal with China whereby , inter alia , Pakistan gifted 5000 sq km plus of POK-i.e. Shaksgam Valley to China .
By 1965 , Pakistan had China as an ally .
Kennedy was gone in 1963 .
Also , most important for Pakistan’s 1965 Indian attack decision Nehru had also died in 1964.
Pakistan though that the new Indian Prime Minister , Lal Bahadur Shastri was a weak and indecisive leader and lacked stature especially when compared to Nehru.
PM Lal Bahadur Shastri ‘s weak personality image was further bolstered by PM Shastri ‘s , sort of appeasement of Pakistan in the Rann of Kutch crisis in early 1965
Shastri did not want the war
Prime
Minister Lal Bahadur Shastri was driven to war with Pakistan in 1965.
He did not want any confrontation because he saw in it the ruin for both
countries. He even allowed Pakistan to have the upper hand in the Rann
of Kutch by limiting the full-scale action of the military.Shastri was
visibly
https://www.theweek.in/
Most important factor for Pakistan ‘s decision to attack India in Kashmir in1965 was that after her defeat in 1962 India had started expanding exponentially her armed forces both in numbers and equipment.
Pakistan felt that if delayed further Pakistan , which was militarily superior to India till then , would never be able to wrest Kashmir from India.
So ,Pakistan attacked Kashmir calculating that a weak Indian PM would keep the war limited to Kashmir.
But PM Shastri with totally unexpected resolve , bravery and decisiveness .He counter attacked Pakistan across the International Border in Punjab forcing Pakistan to withdraw its forces from the Kashmir front and to , later , accept a ceasefire .
Launch of offensive towards Lahore in 1965
https://www.hindustantimes.com/chandigarh/launch-of-offensive-towards-lahore-in-1965/story-1E6eUJLIdkdwg6GK4P4coN.html---
Dalmia Refractories Merger Fresh Date - NCLT Shareholders Meeting-03/06/2021- 10 AM
| Dalmia Refractories Limited (DALMIAREF) | Broadcast Date And Time : 20/04/2021 09:44:05 | ||
| Announcement | : | Intimation Of Meeting | |
|---|---|---|---|
| Description | : |
Dalmia Refractories Limited
has informed to the Exchange that the Intimation of the dates of the
Rescheduled NCLT Convened Meetings of Equity Shareholders held on June
03, 2021, Secured Creditors and Unsecured Creditors of the Company
meeting will be held on May 27, 2021 | |
For More ,
First click ;-
https://www.msei.in/markets/equity/get-quotes/default?symbol=DALMIAREF&series=EQ
then click on
Intimation Of Meeting
20-Apr-2021
then for PDF download please click ;-
-----------------
Blog Credit
Mr. Vijay, Jalandhar , m 7009409142
Mr. Himanshu Soi
himanshusoi478@gmail.com
------------
OLD POST
April 07, 2021
Dalmia Refractories - Victory For Public Shareholders- Fresh Date to be Announced
Shareholders thank the Management for Revising the Terms of Merger
------------------------------------------
1 .
Please refer to Para 1 Page 1 of the Intimation letter dt. 05/04/2021
As demanded by Public shareholders , Dalmia Refractories have dropped the move to transfer the entire business of the merged manufacturing entity Dalmia Bharat Refractories Limited to its Subsidiary Company namely Dalmia OCL Limited i.e. DOL.
THIS MEANS THAT THE MERGED ENTITY DALMIA BHARAT REFRACTORIES LTD WOULD NOT BECOME MERELY A HOLDING CO.
DALMIA BHARAT REFRACTORIES LTD WOULD BE THE FINAL MANUFACTURING CO.
SHARES OF DALMIA BHARAT REFRACTORIES LTD WOULD BE LISTED .
------------------
2 .
BSE Listing to be CONSIDERED
Please refer to Para 6 ;7 of Page no. 22 of the Revised Scheme attached with Intimation Letter dt . 05/04/2021
----------
Fresh Date of NCLT CONVENED Meeting to be Announced
Please refer to Last Para , Page 2 of Intimation Letter dt. 05/04/2021
---------------------------------
DOWN LOAD intimation letter / revised Scheme
First click ;-
https://www.msei.in/markets/equity/get-quotes/default?symbol=DALMIAREF&series=EQ
Then for PDF Download
Disclosure U/R 30 Of SEBI (LODR) Regulations 2015
06-Apr-2021
----------------
Congratulations to Shareholders
----------------------
Credit for information / Blog Gratitude to ;
Himanshu Soi
himanshusoi478@gmail.com
==================
OLD POST-
NOW RELEVANT ONLY FOR INFORMATIONAL PURPOSES
------------------------
Shareholders of Dalmia Refractories should vote in favour of the merger as . it appears , this would lead to better market rate of their shares .
BUT THEY SHOULD DEMAND FOLLOWING AMENDMENTS / CHANGES
1 They should demand that the Merged New Company Dalmia Bharat Refractories Limited i.e. DBRL must be listed in NSE / BSE . The current provision of listing of the Merged New Company in Metropolitan Stock Exchange and Calcutta Stock Exchanges is meaningless as both Metropolitan Stock Exchange and Calcutta Stock Exchanges do not have any Equity Trading .
2 . As per the current / circulated Scheme the merged operations of Dalmia Refractories and OCL Refractories would first come under Dalmia Bharat Refractories Limited- DBRL and then there would be a TRANSFER of the entire business to DBRL's Subsidiary Company namely Dalmia OCL Limited i.e. DOL
----------------
IMPORTANT IMPLICATIONS
A. Thus Dalmia Bharat Refractories Limited i.e. DBRL would become ONLY a HOLDING company.
B .Current Shareholders of Dalmia Refractories are getting shares of Dalmia Bharat Refractories Limited i.e. DBRL
C- Only Dalmia Bharat Refractories Limited i.e. DBRL i.e. Holding Company 's shares would be listed
THERE SHOULD BE NO TRANSFER OF ANY BUSINESS TO DALMIA OCL LIMITED
THIS LAST PART OF THE TRANSFER SHOULD BE DROPPED FROM THE WHOLE SCHEME
--------
Making the Listed Dalmia Bharat Refractories Limited i.e. DBRL only a HOLDING COMPANY is not in the interest of Non Promoter Shareholders .
It may be suiting the Promoters
--------------
Steps to be taken by Dalmia Refractories shareholders;-
FIRST --PLEASE REGISTER YOURSELF WITH YOUR WITH YOUR OBJECTIONS BETWEEN 07/04/2021 - 9 AM TO 09/04/2021 - 5 PM
For full procedure
Page 6 ,Point 24 , Sub point 5 of PDF Notice
For PDF Notice first click ;-
https://www.msei.in/markets/equity/get-quotes/default?symbol=DALMIAREF&series=EQ
Type Dalmia Refractories Limited
then for Download please click ;-
Notice
15-Mar-2021
then
click on Notice of Meeting For Shareholders on page 2 ----
Page 6 ,Point 24 , Sub point 5 of PDF Notice
-------------
Video Court Meeting
20/04/2021 10M
E Voting from 12 /04 /21 - 9 AM TO 19/04/201 5 PM
PLEASE VOTE IN FAVOUR OF THE SCHEME
-----------------
For COMPLETE MERGER SCHEME PDF Notice first click ;-
https://www.msei.in/markets/equity/get-quotes/default?symbol=DALMIAREF&series=EQ
Type Dalmia Refractories Limited
Notice
15-Mar-2021
then
click on Notice of Meeting For Shareholders on page 2-----------------
January 28, 2020
Dalmia Refractories Merger Update
https://www.msei.in/ListingData/2020/DALMIAREF/AN/200103_DALMIAREF_AN_01.pdf
It appears some shares of Dalmia Refractories are available with Dealers of Rare Indian Shares (Please Recheck this ).
==================
OLD POST
November 15, 2019
Merger of Dalmia Refractories , Refractories Unit of Dalmia Cement Bharat
Dalmia Refractories Limited ("DRL") and Dalmia Cement (Bharat) Limited ("DCBL") , at their respective Board meetings held on 14th November 2019, have approved Schemes of Arrangement through which their respective refractory businesses will be consolidated under a single operating entity, which is proposed to be renamed as *Dalmia OCL Limited (“DOL"). This entity (DOL) in turn would be held by a holding company, which is proposed to be renamed as *Dalmia Bharat Refractories Limited ("DBRL").
DBRL would initially be listed on Calcutta Stock Exchange and Metropolitan Stock Exchange of India, the exchanges on which DRL is currently listed.
.Pursuant to the Scheme, DRL will be amalgamated with SDMM
768 (Seven Hundred and Sixty Eight) Equity Shares of the face value of INR 10/- each of SDMM, credited as fully paid-up, shall be issued and allotted for every 100 (One Hundred) Equity Shares of the face value of INR 10/- each held in DRL
SDMM is an entity identified to carry out the refractory operations of the Dalmia Cement (Bharat) Limited (‘DCBL’). Pursuant to a separate Scheme of Arrangement between DCBL and SDMM and their respective shareholders and creditors, the refractory business of DCBL will be transferred to SDMM in the manner and on terms set out in that scheme (“Scheme 1”). The Appointed Date for Scheme 1 is April 1, 2019.
For Complete Notification and Q2-2020 Results, please click :-
https://www.msei.in/ListingData/2019/DALMIAREF/AN/191114_DALMIAREF_AN_01.pdf
====================
NEW POST
November 16, 2019
Dalmia Refractories Share Valued at Rs.955 / Share in Merger Plan -PLEASE RECHECK INDEPENDENTLY ALSO
Please refer to Page 3
https://www.msei.in/ListingData/2019/DALMIAREF/AN/191114_DALMIAREF_AN_01.pdf
Valuation of Dalmia Refractories put at Rs. 301 crore
Share Capital of Dalmia Refractories = Rs. 3 cr 15 lakh
So , Value per share = Rs.955 per share
Further , the merged new entity would have combined Refractories business of present Dalmia Refractories and Dalmia Cement Bharat Limited
As Dalmia Cement Bharat Limited is currently listed in BSE / NSE it stands to reason that shares of SDMM may, also , be listed in BSE / NSE as SDMM , also , would have the demerged Refractory business of a listed Company i.e.Dalmia Cement Bharat.
So , by no stretch of imagination can a BSE / NSE listed Company / its Unit , as in this case, be merged in company which would remain listed only in Calcutta Stock Exchange and Metropolitan Stock Exchange ( both are Inoperational Stock Exchanges ).
Blog OBSERVATIONS ( PLEASE RECHECK / RECALCULATE INDEPENDENTLY ALSO
1 ) For Dalmia Refractories shareholders it appears to be a Bonus Issue
2 ) There would be ultimate Listing in BSE / NSE of the amalgamated Company. This would mean great Value unlocking for shareholders of Dalmia Refractories. Bonanza for Dalmia Refractories shareholders ? ( PLEASE RECHECK / RECALCULATE INDEPENDENTLY ALSO )
CAUTION- PLEASE DO NOT TAKE ANY INVESTMENT DECISION BASED ON THE ABOVE STATED CONJECTURES .
PLEASE DO ONLY A FURTHER SELF STUDY
https://www.msei.in/ListingData/2019/DALMIAREF/AN/191114_DALMIAREF_AN_01.pdf
Valuation of Dalmia Refractories put at Rs. 301 crore
Share Capital of Dalmia Refractories = Rs. 3 cr 15 lakh
So , Value per share = Rs.955 per share
Further , the merged new entity would have combined Refractories business of present Dalmia Refractories and Dalmia Cement Bharat Limited
As Dalmia Cement Bharat Limited is currently listed in BSE / NSE it stands to reason that shares of SDMM may, also , be listed in BSE / NSE as SDMM , also , would have the demerged Refractory business of a listed Company i.e.Dalmia Cement Bharat.
So , by no stretch of imagination can a BSE / NSE listed Company / its Unit , as in this case, be merged in company which would remain listed only in Calcutta Stock Exchange and Metropolitan Stock Exchange ( both are Inoperational Stock Exchanges ).
-----------------
Blog OBSERVATIONS ( PLEASE RECHECK / RECALCULATE INDEPENDENTLY ALSO
1 ) For Dalmia Refractories shareholders it appears to be a Bonus Issue
2 ) There would be ultimate Listing in BSE / NSE of the amalgamated Company. This would mean great Value unlocking for shareholders of Dalmia Refractories. Bonanza for Dalmia Refractories shareholders ? ( PLEASE RECHECK / RECALCULATE INDEPENDENTLY ALSO )
CAUTION- PLEASE DO NOT TAKE ANY INVESTMENT DECISION BASED ON THE ABOVE STATED CONJECTURES .
PLEASE DO ONLY A FURTHER SELF STUDY
==========================
Blog Comments ( PLEASE RECHECK INDEPENDENTLY )
SDMM would be renamed Dalmia Bharat Refractories Limited ("DBRL"). - Holding Company
ACPL would be renamed as Dalmia OCL Limited (“DOL").-with combined Refractory business of present Dalmia Refractories and Dalmia Cement Bharat Limited
As Dalmia Cement Bharat Limited is currently listed in BSE / NSE it stands to reason that shares of SDMM may, also , be listed in BSE / NSE as SDMM , also , would have the demerged Refractories business of listed Dalmia Cement Bharat.
So , by no stretch of imagination can a BSE / NSE listed Company / its Unit , as in this case, be merged in company which would remain listed only in Calcutta Stock Exchange and Metropolitan Stock Exchange ( both are Inoperational Stock Exchanges ).
----------------
Blog OBSERVATIONS ( PLEASE RECHECK INDEPENDENTLY )
CAUTION- PLEASE DO NOT TAKE ANY INVESTMENT DECISION BASED ON THE FOLLOWING CONJECTURES . PLEASE DO ONLY A FURTHER SELF STUDY
1 ) For Dalmia Refractories shareholders it appears to be a Bonus Issue
2 ) There would be ultimate Listing in BSE / NSE of the amalgamated Company. This would mean great Value unlocking for shareholders of Dalmia Refractories. Bonanza for Dalmia Refractories shareholders ? ( PLEASE RECHECK INDEPENDENTLY )
----------------
.
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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