October 28, 2016

ECE Industries to Delist

ECE Industries Limited belongs to Basant Kumar Birla ( grand father of Aditya Birla ) Group.

Basant Kumar Birla is 95 years old and still Chairman of Kesoram , others

It appears , ECE Industries Limited , would be given to Basant Kumar Birla's son -in-law Prakash Kumar Mohta who , now , holds , around 66:78% of ECE Industries 's equity.

http://timesofindia.indiatimes.com/business/india-business/Birla-revises-will-daughters-gain/articleshow/3762021.cms 

ECE Industries has decided to Delist.

A Reverse Book Building procedure would be followed . Floor Price Rs. 202/56 p


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Official website of ECE Inds :-

ECE Industries Limited is a well known Business House and a part of the B.K. Birla Group, having its head quarters at New Delhi. We are a leading engineering and technology company engaged in the Manufacture of Several Products Namely Elevators, Power Transformers, HT Switchgears etc.

http://eceelevators.com/

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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 . )




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