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Exclusively Listed Companies ( ELC ) like Frick India Limited . NBI Industrial Finance would either have to raise capital ( Bonus shares ) or Delist by providing Fair Value.
Macrofil Investments ,Digvijay Finlease , NBI Industrial Finance and other Unlisted Promoters' Holding Companies should follow the examples of
1 ) Max India Promoters are paying a fair price of Rs.94 for every share ( Re. 1 paid up ) of their Unlisted Holding Company - Cheminvest Limited.
2 ) Reliance Industries Promoters gave 1 share of Reliance Industries for every 1 share of their Unlisted Holding Company - Farm Enterprises Limited ( earlier Reliance Enterprises )
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