November 22, 2016
NBI Industrial Finance Trading to Begin in NSE
It seems Trading would begin wef 23/11/2016 ( PLEASE RECHECK THIS ).
For more on NBI Industrial Finance , please click :-
August 22, 2016
NBI Industrial Finance has made an application for Relisting at NSE. This application has not yet been accepted by NSE .
The AGM would be held in September and Annual Reports to Shareholders have not yet been dispatched.
This is purely unconfirmed speculation in the Market.
Please do not take any Investment Decision based on this.
NBI Industrial Finance ( New Bank of India ) was listed exclusively at the , now defunct , Delhi Stock Exchange.
As per SEBI directives , companies like NBI Industrial were either to ( 1 ) Relist or (2) Delist ( by offering its shareholders a fair value.
It seems ( please Recheck ) NBI has not sought to Relist.
So , there is discussion going on in the market whether NBI promoters have chosen to Delist.
If NBI is , indeed , delisting then the Fair Rate being mentioned in discussions is Rs10,00 to. 20,000/- + Upwards.Per Share
There are , also , rumours of a Merger / Offer of around 1 share of Shree Cement ( CMP Rs.17,000 / ) for every 1 share of NBI like with Farm Enterprises and Reliance Industries.
( Caution :THESE ARE ONLY UNCONFIRMED SPECULATIONS,
THESE MAY BE WRONG
NO INVESTMENT DECISION PLEASE )
Blog : We request the Management of NBI Industrial Finance to Clarify the position .
September 07, 2016
NBI Industrial Finance Annual Report 2014-15 , Contact Details , Website
NBI Industrial Finance Limited
For Likely Fair Value , please click this 2014 post.
For more on NBI Industrial
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 likely over optimism
( NB : All information given in good faith. Please recheck all facts. No responsibility taken by this author / blog . )