September 12, 2016

NBI Industrial Misses SEBI ' Relisting Deadline - Annual Report 2015-16 Highlight


 demat ISIN No. INE365I01012


Annual Report 2015-16

Page 7

LISTING AGREEMENT  

SEBI vide its Directive order dt. 02/09/15 had directed NBI Industrial Finance to Relist within Six Months from 01/12/2015

-------------------------------
Blog Comments on this Para

The Deadline ended on 31/05/2016.

It seems NBI Industrial made a Listing bid with NSE but, it seems , was rejected ( Please Recheck this )

-------------------
Annual Report 2015- 2016  - Financials

Gross Profit : Rs. 3 crore 32 Lakh

Net Profit   : Rs. 3 cr 41 Lakh

EPS          Rs. 27 / 78 p ( Share Paid up : Rs. 10 each )

Dividend : NIL 
--------------------

As on 31/03/16

Share Capital : Re 1 cr 23 Lakh

Reserves         Rs.25 cr 24 lakh

--------

Blog Comments :-

1 ) NBI Industrial Finance has massive hidden assets 

One example ( Page 41 ) 

Book Value of Quoted Investments : Rs. 7 cr 17 Lakh

Market Value of these Quoted Investments  on 31/03/16 ) : Rs. 1065 crore 46 lakh

Last Year Market Value of Quoted Investments was Rs.482 cr.

SO Rs 583 crore Hidden Profit in  the Year 2015-16


2 ) As NBI Industrial has not been paying Dividends , it cannot issue Bonus Shares . So it cannot meet the Listing requirements.

====================

OLD POSTS

  

September 07, 2016


NBI Industrial Finance Old Annual Report 2014-15 , Contact Details , Website

NBI Industrial Finance Limited


Address :-

21 , Strand Road, Kolkata

email :-

nbifinance@ymail.com

Phones :  033-22309601-04

Fax : 033-22131650

80 th Annual Report 2014 -15 ( Old )


Please read for massive investments in shares ( especially Shree Cement Limited ) and very undervalued Book Value 

page no. 24 , 32 , 33


Website 

http://www.nbi-india.co.in/


======================================

It appears ( Please Recheck )some shares of NBI Industrial Finance  are available for Sale / Purchase with Dealers of Rare Indian Shares.

================================================================================================================================================

OLD POSTS

September 05, 2016



NBI Industrial AGM - Delisting is Shareholders' Demand

81 st AGM of NBI Industrial Finance ( earlier The New Bank of India ) is being held on Saturday, 24/09/2016  at 10:30 AM , at its Registered Office i.e. at 21, Strand Road , Kolkata -700 001

-------------

E Voting is from 21/09/16 9 10 AM ) to 23/09/2016 5 PM

---------

Resolution No 1 - Report of Board of Directors is being opposed because :-

1 ) Shareholders want Delisting of NBI Industrial Finance as the Company has failed to comply with SEBI 's directions regarding Relisting . Its application for Relisting has not been accepted by NSE ( probably rejected ).

NBI Industrial Finance was earlier exclusively listed at the , now , defunct , Delhi Stock Exchange. SEBI has outlined very strict norms for Relisting or else compulsory Delisting.

 In case of Delisting a fair price has to offered to the minority shareholders.

2 ) No Dividend has been declared despite massive dividend income from NBi Industrial 's large ( Promoters ' ) holding of Shree Cement shares

-----------------------------------
OLD POST

August 18, 2016



Is NBI Industrial Finance Delisting ?- Please Recheck No-Responsibility


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 ----------


For More , please click the link :-

http://www.rareindianshares.info/2016/08/is-nbi-industrial-finance-delisting.html


For NBI Finance :-

http://www.rareindianshares.info/search?q=new+bank+of+india

-----------------------
NEW POST



September 13, 2016


SEBI May Grant Time Uptill December 2016 to Relist For Exclusively Listed Companies



-----------------------
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 . )


No comments: