For Financial Year Ending 31/03/14
Gross Profit : Rs. 3 cr 97 lakh
Net LOSS : Rs. ( Rs. 1 cr 27 lakh )
Equity : Rs. 5 cr 20 lakh
Reserves : Rs. 74 crore 20 lakh
EPS ( Minus - Rs. 2 / 44 p )
Dividend : Nil
AG M : 23/08/2014 at Kolkata
July 15, 2015
Ratnabali Capital Raises Face Value to Rs.1000
In an back door maneuver to throw out around 345 small shareholders , holding 0 : 60% of Equity, Ratnabali Capital Markets is proposing to raise the face value of one share from Rs. 10 to Rs. 1000 by consolidating 100 shares of Rs. 10 in to 1 share of Rs.1000.
Thus resultant fractions and nearly all small share holders would be compulsorily bought out by the Promoters at rate determined by them.
SEBI should put an end to such malpractices
General Warning : Investment in shares can be injurious to your WEALTH.
Caution :The blog writer has personal/ family members' holdings in this company ,so please make suitable "provisions " for any likely over optimism .
( All comments / facts given in good faith. Please recheck all points before taking any investment decision. No responsibility with this blog / writer