September 06, 2017

Investors Use Section 245 Against Digvijay Finlease Share Consolidation

September 06, 2017

Digvijay Finlease Withdraws Share Consolidation -PLEASE RECHECK

We received information from investors of Digvijay Finlease that they phoned the Regd. office at Kolkata and were informed that the Company has dropped its proposal for consolidation of Rs. 10 paid up share to Rs.1000.

We phoned at the Tel No   033-22130957 and talked to KK Thakur.

He confirmed that the Company has applied to NCLT withdrawing its petition .


Important Blog Disclaimers

1 ) Please RECHECK THIS independently.

2 ) Please do NOT take any Investment Decision based this information.

3 ) No Responsibility with this Blog / Blog Writer

If the news is really correct , we congratulate share Investors for their activism.  

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Till date, the most powerful tool in the hands of minority shareholders has been bringing a suit for oppression and 

mismanagement, said Suhail Nathani, managing partner, Economic Law Practice. "Under the 2013 Companies Act, 

Section 245, over 100 shareholders can also file a class action suit but its application and enforcement is still nascent," 
he said. 
Read more at:


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September 05, 2017

Justice Demanded by Small Investors From Asset Laden Investment Holding Companies - ET Link

please click the link


Unifi Capital - official site


blog comments

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December 08, 2010

Asset Laden Holding / Investment Companies- Promoters Uninterested in True Value Unlocking

Promoters initially  invite public investment by selling shares in their holding companies . These holding companies promote new companies  Over a period of time their promoted  ventures succeed and the original investment made by the holding company multiplies many times over in value .

 Now , instead of genuinely sharing the wealth with all the stakeholders  , non promoter minority share holders of original holding companies are  treated by Promoters  as UNWANTED , like poor relatives at a rich cousin's marriage party.

for more , please click


We sincerely hope that some one takes up the case of Digvijay Finlease compulsory consolidation @ Rs.200 for a Rs.10 paid up share , which some calculate ( Please Recheck this ) to have an intrinsic worth of around Rs. 40,000 per Rs. 10 share ( Please Recheck this )

Will the Promoters sell their shares to Investors at the same rate of Rs.200 per share ?


July 30, 2017

Support Shareholders Activism in Alembic Ltd

Promoters of Indian Companies should stop taking their minority shareholders for granted.

Public Shareholders should put up their Directors of Publicly Held Companies
Alembic Ltd. Case as reported in Business Standard

The law provides for 1,000 small to come together and agree on one individual to represent their concerns on a company’s board.

 "The fact that this provision has never been tested shows how daunting it is for 1,000 people to agree on something," Reddy added.

for more , please click





( Josh Malihabadi )

Saadda Haq , Ethey Rakh

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