Chembra Peak Estates ( listed in , now ,closed Regional Stock Exchanges ) has proposed consolidation of its share fave value from the present Rs. 10 /- to Rs. 60, 550 /- ( which face value is unprecedented in the corporate history of India.
All the Non Promoters ' holdings would be reduced to fractions who would be compulsorily paid
This brazen and bizarre face value figure shows the extent to which Promoters can go to compulsorily eject Loyal Non Promoter shareholders at a fraction of the true value
The Investor community must act unitedly to oppose this anti small share holders move.
We wish to acknowledge the stellar role being played by PP Zibi Jose of
email : email@example.com
On so called " Independent Valuers " who work out so called " Fair Value ", please click :-