Blog Credit to
Ram Manohara Reddy M
March 21, 2018
Philips India- Compulsory Buy Back @ Rs.560
This " fair value " has been worked out by Price Waterhouse and Co. LLP
Philips India delisted in 2004.
It , now , has around 37,500 Non Promoter shareholders representing 3:87 % of Equity.
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.
May 08, 2018
Macrofil Investments-- Holdings Worth
May 02, 2018
Macrofil Investments of Renowned Bombay Dyeing Group Ejects Small Shareholders
It is following the cheap trick of consolidating the face value from Rs. 10 to Rs.5000 to dump Unwanted investors.
Then only the Promotes would remain and Non Promoters' forced fractions would be compulsorily bought at a very low rate.
October 08, 2017
Macrofil Investments - Fair Valuation Rs.10,000/- Demanded by Shareholders
Public shareholders want a price of Rs. 10,000 ( for Rs. 10 paid up share ) as the market value of shares National Peroxide ( one third equity is with Macrofil Investments ) more than tripled in the last one year.
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October 04, 2017
Macrofil Case Latest- Govt Must Ban All Share Consolidations to Higher Denominations
March 22, 2017
Share Face Value Consolidation to Higher Value should be Banned
This Cheap / Anti Small Holder Tactic was earlier used by
Recently , by Rasoi Limited
Now , by Digvijay Finlease ( Unlisted )