This is totally unacceptable .
EGM for this purpose on 11/05/2019 at Hyderabad
The Valuers etc are all engaged by the Managements and cannot be considered as Unbiased or totally Fair. Affected shareholders should be allowed to have their own valuers / Valuation Reports.
SEBI must intervene. Laws must be changed to protect the small share holders of Unlisted Companies.
Jolly Board , which holds very valuable real estate assets in Kanjur Marg , Mumabi , is also following similar cheap tactic to oust loyal remainder small shareholders.
Suashish Diamonds does the same anti shareholders move :-
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