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March 21, 2018
CA s, Valuers , NCLT Professionals Should be Fair / Honest
Any hint of dishonesty / underhand considerations hurt the Ordinary / Public shareholders who depend entirely on Audited Balance sheets and " fair " prices worked out by "Independent Valuers.
Such "Professionals ' are selected and paid only by the Promoters and can be partial.
March 21, 2018
February 21, 2018
Binani Cement Undervalued in NCLT Say Promoters
credit / for more please click
February 14, 2018
Games Promoters Play ( on Minority Public Shareholders ).
Promoters use clever moves to forcibly eject Public shareholders when ever they feel like i.e. when the Company has excellent future prospects or when it suits the Promoters.
1 ) Selective cancellation of Non Promoters shares.
2 ) Conversion of Equity shares in to Redeemable Preference Shares.
3 ) Consolidation of face value of one share to a Higher Denomination .
In all cases , valuers are appointed and Paid by the Company. Thus they are Promoters' Agents.
March 24, 2018
Rs.60,550/- New Face Value of Chembra Peak Estates share !!!
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 : firstname.lastname@example.org
On so called " Independent Valuers " who work out so called " Fair Value ", please click :-
FCI OEN Connectors-Compulsory Buyback at Fraction Value
Real Valuation is Rs. 4000 + /- per share .
This anti Public shareholder move needs to be vigorously opposed
We are grateful to Mr. PP Zibi Jose of
for taking up the issue
Please click below for the entire fact sheet letter brilliantly written by Mr. Jose.
Ban All Face Value Consolidations to Higher Denominations
Consolidation to a Higher Denomination was done by Binani Metals, Rasoi Limited , attempted by Digvijay Finlease ( later withdrawn under Public shareholders' pressure ) and , now, being attempted ( but opposed by shareholders ) of Macrofil Investments Ltd ( a Nusli Wadia Company ).
Macrofil Investments is an Investment Holding Company of Nusli Wadia group ( Bombay Dyeing, Britannia , Bombay Burmah , National Peroxide etc ).
Marofil Investments holds ( on a very small capital base of Rs.44 Lakh ) inter alia one third of National Peroxides' Equity.
In the last one year Market price of shares of National Peroxide has gone up from Rs. 600 to Rs.2000.
Macrofil Investments has , very cleverly , devised a plan to consolidate face value of one share from Rs. 10 to Rs. 5000.
All the Non Promoter shareholders would be evicted.
The rate set is around Rs. 3400 per share. This has been worked out by Valuers appointed and paid by Macrofil Investments.
The realistic rate should be Rs. 10,000 + ( for Rs.10 share ).
JAB APNA HISSA MANGEY GEY
IK BAGH NAHI; IKK KHET NAHIN
HUM SAARI DUNIYA MANGEY GEY
( Josh Malihabadi )