November 22, 2017

Kothari Safe Deposits- Copy of NCLT Order

Please go into Appeal ( with a Stay prayed for ) with NACLT, New Delhi

As we understand . both objectors i.e. Mr. Wadhwani and Mr. Dilip Surana ( a leading share dealer based in Chennai ) can hold on your shares but without one year exit window .

Please go in Appeal to ask for fresh option from all shareholders on the ground that if some share holders  are granted exemption so all others should , also , get similar opportunity .


 Great work done by Mr. Dilip Surana and Mr, Wadhwani.

We would like that Public spirited shareholders like them  are appointed as Independent Directors in Companies to look after the interests of minority Non Promoter shareholders.

Kothari Safe Deposits Limited should give another opportunity to its shareholders to exercise the option of retaining their shares or taking Rs. 60 / share.

Rs. 60 is too low for a 80 year old company.

Dilip Surana
Strides Financial Services
"Arihant Plaza"
84-85,Wall Tax Road, Ist floor
Park Town, Above SBI
CHENNAI 600003
Phone No 044-25350312, 25350313
Fax No  044-42371148
Mobile 9840278351      95000 95121


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