November 23, 2018

Wanted One Standard Face Value For All Shares

We request SEBI to implement One Standard Face Value so that Investors are not confused and investors do not take wrong decisions because of ODD Face value denominations .

Re1

Rs. 2

Rs. 2/50 p ( JCT Limited )

Rs. 5

Rs. 10


Rs. 50 ( Polson , Ravalgaon Sugar )

Rs. 100

Rs. 1000 ( CSE Listed Binani Metals shares before merger with Binani Industries.)

and , now , a googly from  Chennai Super Kings . CSK shares  are PAISE 10 paid up. ( Please click :-  )


http://www.rareindianshares.info/2018/11/csk-share-is-paise-10-paid-up-please.html

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About 40 years back Tata Ordinary ( Equity share of Tata Steel-then TISCO ) was Rs. 75 /- paid up. Then ,a Bonus in the ratio of  1 : 3 was declared ). No fresh share certificates were issued ( every share was Physical then ). Instead , we received slips ( to be affixed on the share certificates ) that Face Value has been increased to Rs. 100 . Later it was split to , present day , Rs.10/- 


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General Warning : Investment in Shares Can be Injurious to Your WEALTH

Disclosure : The Blog writer in his / family names has holdings in Tata Steel , JCT , Ravalgaon Sugar and earlier in Binani Metals. So please make suitable " provisions " for any likely Over Optimism

NB :All information given in good faith. Please recheck every point before taking an investment decision.No responsibility with this blog / blog writer

1 comment:

Ashwani Kumar Aggarwal said...

About 40 years back Tata Ordinary ( Equity share of Tata Steel-then TISCO ) was Rs. 75 /- paid up. Then ,a Bonus in the ratio of 1 : 3 was declared ). No fresh share certificates were issued ( every share was Physical then ). Instead , we received slips ( to be affixed on the share certificates ) that Face Value has been increased to Rs. 100 . Later it was split to , present day , Rs.10/- Erstwhile Tata Deferred share ( later exchange for Equity shares of TISCO ) was Rs. 25 paid up ( PLEASE RECHECK THIS or was it Rs, 12/50 p paid up )