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Blog Credit to ;-
Mr. Vijay, Jalandhar , m 7009409142
We are, further , very thankful to Mr. Vijay, for calculating for us the price , paid by the Promoters , Damia Bharat Cement,for one share of Dalmia Bharat Refractories . This is Rs 427 / share
For 42;4 % stake price paid - Rs 800 crore
Full value of Dalmia Bharat Refractories Rs 1887 Cr
Share capital of Dalmia Bharat Refractories Rs. 44 cr 20 Lakh
Per Share price paid - Rs 427
March 27, 2023
Dalmia Bharat Refractotries Shareholders Demand Buyback Offer at Rs 427 per Share , Also BSE Listing -JPC Probe Demanded
Dalmia Bharat Refractories - Promoters Sell Stake to Another Group Company at Rs. 427 /share
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The remaining Non Promoter shareholders should also get a Buy back offer / Exit Option at Rs. 427 per share. There has been a Change of Promoters
Further , there should be immediate BSE listing , as was promised by the Promoters at the time of merger of Dalmia Refractories and OCL Refractories.
Investors are shocked to see that Dalmia Bharat Refractories has been listed at Calcutta Stock Exchange , which has no share trading and Metropolitan Stock Exchange .
How come Metropolitan Stock Exchange was reporting , a few days back , share transactions of Dalmia Bharat Refractories at Rs. 150 / share where as Promoters are selling their shares at Rs.427 / share.
Investors are demanding a full enqiry .
Investors ,would approach Mr. Rahul Gandhi, to demand a JPC inquiry in the Parliament ,into the working of Dalmia Bharat Refractories and Metropolitan Stock Exchange
It appears that some shares of Dalmia Bharat Refractories are available for Sale / Purchase with Dealers of Rare Indian Shares.