November 10, 2013

Saint Gobin ( 17 Shares ) to Merge With Grindwell Norton ( 1 Share )

Saint Gobin Sekurit India Limited ( formerly Maharashtra Glass And Agro ) is Rs. 10 paid up.

Grindwell Norton  Limited is Rs. 5 Paid Up .

Two more unlisted companies of the Group are , also , being merged with Grindwell Norton


 Exchange Ratios

17 shares of Saint Gobin = 1 share of Grindwell Norton

38 shares of  SEPR Refractories India ( Unlisted ) = 100 shares of Grindwell Norton

50 shares of Saint Gobin Crystals And Detectors India Limited  ( Unlisted )= 100 shares on Grindwell Norton


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

Caution :The blog writer has personal/ family members' holdings in Saint Gobin Sekurit , so please make suitable "provisions " for likely over optimism

Disclaimer :All information given in good faith. Please recheck all facts. No responsibility taken by this author / blog 

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