November 24, 2011

Cyrus Mistry 's Elevation Brings Hope For Forbes And Gokak Shareholders


Pallonji Mistry and even Cyrus maintain  a very low profile . Now , the whole world's attention is on them . Pallonji Mistry is known as " Phantom of Bombay House ( Tata HQ ). Pallonji ( to the best of our knowledge has foreign nationality - Irish ).Mistrys were producers of the classic Hindi film " Mughal -e - Azam " .

Their listed companies Forbes And Co. and Gokak Textiles should , now , become more investor friendly and  deliver better returns for their non promoter share holders ( although the companies are doing well ).

For at least last two consecutive years Forbes And Co. in their Board of Directors has on Agenda for consideration " Dividend " thereby raising hopes among investors only to be told that no dividend. 

No comments: