There is one more company to join the list of promoter MILI BHAGAT and taking the advantage of regulators loop hole and cheating the investor . and the name is " INDO ALUYS LTD " the company's promoter has came out with exit option at rs. 15.44 ( ha ha ha !!!!)
i herewith attach the annual report of 2016-17 for your reference from that a simple layman can know the status of the company. I dont have to say any more BUT READY WITH ANY BODY TO CHALLENGE THE SAME
TUSHAR S AGARWAL
Blog Gratitude to Tushar S. Agarwal
Blog Comments - Very Important -Option Open From 28/05/18 to 01/06/2018
Indo Aluys Industries is giving an option to its shareholders to retain the shares. PLEASE SIGN THE FORM TO RETAIN
Alternatively, in case you are still willing to remain as a shareholder of the Company post Exit offer, you may instead of tendering the shares at the Exit or offer price, may remain so by giving your positive consent to continue as shareholders duly mentioning that you are interested in continuing as the shareholder of the Company even post offer and have no objection on the Exit offer. In this regard a Consent Letter including both the options available with the shareholders i.e., either to tender their Equity shares or to give their positive consent to be as shareholder of the Company even post offer is enclosed with this Offer Letter.
. The Form can be downloaded from
May 27, 2018
Public Share investors are playing " BLIND " and Promoters know ( Have Seen ) their cards.
Whenever Promoters come to know before " BLIND playing "Public shareholders about any quantum jump in the prospects of the Company ( like Macrofil Investments , UTV Software ) ,they oust the Non Promoters at arbitrary rates
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.