We are very grateful o Mr.KR Jayanthilal ji for raising the following issues regarding the recent transactions worth over Rs. 20 crore on the Metropolitan Stock Exchange
1. Shares were traded from period 27 Dec 2022 to 30 Dec 2022. Trading History is as below:
Date Series Open High Low Close Volume Turnover (Rs. In Lacs)
30-Dec-22 BE 165 165 165 165 12,67,200 2,090.88
29-Dec-22 BE 163 163 163 163 100 0.16
28-Dec-22 BE 171 171 163 163 600 1
27-Dec-22 BE 175 175 175 175 600 1.05
2. All the above shares were sold by Mr.Sameer Nagpal, who is the Managing Director of the company.
He was not holding any share as of 30Sep2022 (as per share holding pattern published by the company) and need to know how he is able to sell so many shares.
This huge number of sales is supposed to be a Block Deal and company has to inform the buyer too
3. The fact to be studied in detail is
.. Not owning any shares on 30Sep2022 , able to own and sell huge quantity of shares between 30Sep2022 and 31Dec2022
This implies that his name will not appear in the Share Holding Pattern details as on 30Sep2022 and 31Dec2022.
... What is the intention of the company?
Metropolitan Stock Exchange has no Equity trading.
But there are share transactions of Dalmia Bharat Refractories worth over R. 20 crore for a very special client i.e. the top Executive of Dalmia Bharat Refractories ?
Is Metropolitan Stock Exchange a VVIP stock Exchange ?
January 03, 2023
Dalmia Bharat Refractories-In Metropolitan Stock Exchange Sale of shares at Rs.163 per share Reported
There is no share trading in Metropolitan Stock Exchange
So , is this a misdeclaration by Dalmia Bharat Refractories, of a sale transaction worth around Rs 20 crore by a top Dalmia Bharat Refractories executive ?
Please click ;-
Blog Credit to ;-
Mr. Vijay, Jalandhar , m 7009409142
Some shares of Dalmia Bharat Refractories are available for Sale / Purchase with Dealers of Rare Indian Shares.
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