May 29, 2021

Dalmia Refractories Merger E Voting Starts Today-26/05/2021- Merger Beneficial

 

https://evoting.kfintech.com/showallevents.aspx 

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Blog Comments

Merger is in the interest of Public shareholders whose holing would increase around 8 times -a sort of split / bonus AND a promised BSE listing.

E Voting starts today   26/05/2021- Vote in favour

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Procedure For E Voting   

1. First click the link ;-

https://www.dalmiarefractories.com/otherdocument.html

Then click ;-

Scheme of Amalgamation 

Then for PDF download  click

  Notice of Meeting of Equity Shareholders

Then Page 5 , Point no.s 15 and 16

 15. Remote e-voting: The Company is providing facility of remote e-voting to its Members through e-voting agency namely “KFin Technologies Private Limited”. The Notice of remote e-voting indicating the detailed procedure and manner of remote e-voting along with the user ID and password is being enclosed separately and forms the integral part of the Notice. 

16. Voting at the e-Meeting: Those Members, who will be present in the Meeting through VC facility and who have not cast their vote on the resolution through remote e-voting and are otherwise not barred from doing so, shall be eligible to vote through e-voting system during the Meeting. Shareholders who have cast their votes through remote e-voting may attend the Meeting but shall not be entitled to cast their vote during the Meeting.

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OLD POST

 

May 25, 2021

Dalmia Refractories Merger Meeting - on line - 03/06/2021

 Shareholders should register .

They should vote in favour of Merger 

Shareholders should thank the Management for , firstly , dropping the move to a Holding company and secondly gor getting the Merged new company listed in BSE 

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Blog Comments

1. Shares of existing Listed companies of the group i.e. Dalmia Bharat Limited and Dalmia Bharat Sugar are at their all time High rates . Very positive development for  a good rate for Dalmia Bharat Refractories on its listing in BSE.

 2 It appears that   there is a very strong demand for Dalmia Refractories shares in the current Unlisted Market . Dealers are phoning/sending letters to Investors . There do not seem to be any sellers .

3 Share rates in the current Unlisted Market recently seems to have gone up substantially on the positive news of  No Step Down Subsidiary and BSE Listing

Blog Caution  

 
PLEASE RECHECK INDEPENDENTLY. 

CAUTION- PLEASE DO NOT TAKE ANY INVESTMENT DECISION BASED ON THESE 3 POINTS  .

PLEASE DO ONLY A FURTHER SELF STUDY 

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OLD POST

 

April 20, 2021

Dalmia Refractories Merger Fresh Date - NCLT Shareholders Meeting-03/06/2021- 10 AM


Dalmia Refractories Limited (DALMIAREF) Broadcast Date And Time : 20/04/2021 09:44:05
Announcement : Intimation Of Meeting
Description :

Dalmia Refractories Limited has informed to the Exchange that the Intimation of the dates of the Rescheduled NCLT Convened Meetings of Equity Shareholders held on June 03, 2021, Secured Creditors and Unsecured Creditors of the Company meeting will be held on May 27, 2021

 For More ,

First click ;-

https://www.msei.in/markets/equity/get-quotes/default?symbol=DALMIAREF&series=EQ

then click on 

 Intimation Of Meeting
20-Apr-2021

then for PDF download please click ;-

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Blog Credit 

Mr. Vijay, Jalandhar , m 7009409142

Mr. Himanshu Soi

himanshusoi478@gmail.com

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April 23, 2021

Dalmia Refractories Share Valued at Rs.1463 in 2019 by Official Valuation Experts

 For Downloading the valuation Report , first click the link ;-

https://www.dalmiarefractories.com/otherdocument.html

then 

click on + Scheme of Arrangement and Amalgamation

then

Download in PDF Valuation Report by clicking on ;-

Scheme of Amalgamation and Arrangement, 

Page 13 , Annexure 

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Blog Credit to ;-

 

Mr. Vijay, Jalandhar , m 7009409142

himanshusoi478@gmail.com

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Blog Comments  ;-

1 .For 100 shares of Dalmia Refractories 768 shares of Dalmia Bharat Refractories , earlier named SDMM.

2 . Valuation of 1 share of Dalmia Bharat Refractories has been worked at Rs, 190 / 60 p.

3 . This is 2019 valuation parameters .Value of combined Entity may have gone up may be also because of depreciation of Indian Rupee .

4. Dalmia Bharat Refractories i.e. SDMM would be the ultimate manufacturing Co. and would be Listed , also in BSE. There would be No Step Down Company .

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Dalmia Refractories - Victory For Public Shareholders- Fresh Date Announced

Shareholders thank the Management  for Revising the Terms of Merger

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1 . 

Please refer to Para 1 Page 1 of the Intimation letter  dt. 05/04/2021

 As demanded by Public shareholders , Dalmia Refractories have dropped the move to transfer the entire business of the merged manufacturing entity  Dalmia Bharat Refractories Limited to its  Subsidiary Company namely Dalmia OCL Limited i.e. DOL.

THIS MEANS THAT THE MERGED ENTITY  DALMIA BHARAT REFRACTORIES LTD WOULD NOT BECOME MERELY A HOLDING CO. 

DALMIA BHARAT REFRACTORIES LTD WOULD BE THE FINAL MANUFACTURING CO.


SHARES OF DALMIA BHARAT REFRACTORIES LTD WOULD BE LISTED .

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2 .

BSE Listing to be CONSIDERED 

Please refer to Para  6 ;7 of  Page no. 22 of the Revised Scheme attached with  Intimation Letter dt . 05/04/2021

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Fresh Date of NCLT CONVENED Meeting to be Announced

Please refer to Last Para , Page 2 of Intimation Letter dt. 05/04/2021

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DOWN LOAD intimation letter / revised Scheme 

First click ;-

https://www.msei.in/markets/equity/get-quotes/default?symbol=DALMIAREF&series=EQ

Then for PDF Download 

 
Disclosure U/R 30 Of SEBI (LODR) Regulations 2015
06-Apr-2021

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Congratulations to Shareholders 

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 Credit for information / Blog Gratitude to ;

Himanshu Soi  

himanshusoi478@gmail.com

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 CAUTION- PLEASE DO NOT TAKE ANY INVESTMENT DECISION BASED ON THE ABOVE MENTIONED CONJECTURES . PLEASE DO ONLY A FURTHER SELF STUDY

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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 this Company So please make suitable " provisions " for any likely Over Optimism


NB :All information given in good faith. Please recheck every point before taking any investment decision. No responsibility with this Blog or Blog Writer.

1 comment:

Unknown said...

If anyone wants to sell Dalmia Refractories shares, brokers or otherwise. Then please contact 8778709660.