August 30, 2023

API Holdings- Pharmeasy - Rights Issue , Conversion of Loan into Equity

 Rights Issue

https://www.livemint.com/companies/news/pharmeasy-plans-3-500-cr-rights-issue-next-week-11692728301950.html 

Loans Conversion

https://inc42.com/buzz/pharmeasy-restructure-goldman-debt-convert-part-equity/

 Blog Comments

Some shares-of API Holdings-Pharmeasy  are available , for sale / purchase ,with  Dealers of Rare Indian Shares.

============

OLD POSTS

June 01, 2023

Pharmeasy - News

 Please click ;-

https://www.dealstreetasia.com/stories/pharmeasy-goldman-sachs-loan-346113

--------------

 OLD POSTS

May 29, 2021

Pharmeasy IPO News

 Please click ;-

https://www.moneycontrol.com/news/trends/pharmeasy-parent-api-holdings-targets-1-2-billion-ipo-picks-morgan-stanley-and-kotak-as-advisors-6956501.html

Also , please read ;-

https://www.moneycontrol.com/news/business/tiger-global-b-capital-in-talks-to-pick-up-stake-in-pharmeasy-report-6958371.html 

Pharmeasy - Official Site 

https://pharmeasy.in/?isSEM=true&&utm_source=google&utm_medium=cpc&utm_campaign=[GSB_New_cx_FP]&utm_term=pharmeasy&utm_adgroup=[Core]&placement_id_identifier=&ad_group_id_identifier=119152222005&device=c&location=9040175&gclid=CjwKCAjwzMeFBhBwEiwAzwS8zMd7SMzTU9_hX3pJzgg5eq1QUbYSJiVMmcpBmjPqjH-NC9T7GFDqfRoChCoQAvD_BwE

 

Reliance Retail Tops in Mukesh Ambani's Future Growth Plans- Moneycontrol Link

 Please click ;-

https://www.moneycontrol.com/news/business/markets/why-mukesh-ambani-is-betting-on-reliance-retail-to-spearhead-rils-future-growth-11281701.html

-----------

 

OLD POSTS

 

July 20, 2023

Reliance Retail Buyback - ET views

 Please click ;-

https://economictimes.indiatimes.com/prime/corporate-governance/reliance-retail-valuation-issue-blame-it-on-deep-rooted-problems-in-the-unlisted-shares-market/primearticleshow/101966596.cms?utm_source=newsletter&utm_medium=email&utm_campaign=prime_dailynewsletter_unpaid&utm_content=heading_2&ncode=d361cc3f69bb34864998bcae362a59d3389ddea79007c0dbc92bb71427dfdba382e358ae138c194b4d11834cd5bfec0ebdd82b368627202a998fd1f7a32f29d34ae3353de1a92a60a572afbe6a4c60f0

Blog Comments

 We do not agree with ET's contentions because

1 .There is absolutely no need to compulsorily cancel minority shares. 

2 Minority shareholders should be allowed to appoint their own Independent valuers.

This Buy back should be Cancelled.

---------------

OLD POSTS

 

July 08, 2023

Reliance Retail Shareholders Plan Gandhian Satyagraha in Front of Reliance Stores

 Reliance Retail shareholders are  working on all actions to protect the interests of minority shareholders . 

Shareholders intend to make a counter offer for acquiring majority shares 

--------------

 Blog Comments

Compulsory Buyback - Bad in Law - Are Anti Public Shareholders - Reed Relays Latest

OPPOSE  COMPULSORY BUY BACK OF SHARES

Delisting may be OK .
 But forced cancellation of Minority shares is not done even in Capitalism
Capitalism means Demand and Supply.
If the Majority wants the Minority 's shares then , to Quote from Mario Puzo 's Godfather " " They should make an offer we cannot refuse "

. Let them approach us and buy at a mutually agreeable price but not at a Dictated Price.
Free will transactions are the essence of Capitalism
---------------
 
If the Company feels that the rate it is offering is " FAIR " then it should , also , be willing to offer to sell its entire majority  holding at that rate . The minority share holders ( and other Indian share holders ) should have a Right of Pre emption at that " FAIR " rate. For example if Cadbury India Limited feels that Rs.2000 is a " fair rate " then Indian shareholders in general should be given an opportunity to form a SPV ( Special Purpose Vehicle ) Company which ( with suitable debt equity Leveraged Buy out ) and buy  at the same rate  the majority shares from the Promoters. A period of 6 months should be kept for giving this opportunity to Non Promoter Indian shareholders  
------------
OLD POST of 2011 regarding Cadbury - Post For INFORMATIONAL PURPOSE ONLY 
 

January 24, 2011

Cadbury - " Quit India "

Indian investors are World 's Best .
( China is more of hype  China is hidden behind a " bamboo curtain " whereas India is transparent . China does not hold census and thus all economic stats like Per Capita Income etc. are glorified speculations )

It is a matter of great pride for us Indians that East India Company , the joint stock company which once  ruled India and other parts of Asia and Africa , is now owned by an Indian .

http://www.deccanherald.com/content/52595/an-indian-now-owns-east.html

If East India Company can be owned by Indians so can be Cadbury India Limited.

Indians can buy out Kraft Foods 's shares at the " FAIR " value being worked out by Cadbury itself.
---------------------------------------------------------------------------------------------------------------

If the Company feels that the rate it is offering is " FAIR " then it should , also , be willing to offer to sell its entire majority  holding at that rate . The minority share holders ( and other Indian share holders ) should have a Right of Pre emption at that " FAIR " rate. For example if Cadbury India Limited feels that Rs.2000 is a " fair rate " then Indian shareholders in general should be given an opportunity to form a SPV ( Special Purpose Vehicle ) Company which ( with suitable debt equity Leveraged Buy out ) and buy  at the same rate  the majority shares from the Promoters. A period of 6 months should be kept for giving this opportunity to Non Promoter Indian shareholders

However , we  sincerely wish that Cadbury India Limited offers its remaining loyal share holders " Kuchh Meetha " and in New Year 's " Shubh Arambh " withdraws this move

---------------------------------------------------------------------------------------------------------------

http://www.suchetadalal.com/?id=175202d7-a5ce-be2f-492fe1477460&base=sub_sections_content&f&t=Essar%27s+Delisted+Saga

http://seekingalpha.com/news-article/1520805-cadbury-kraft-india-one-of-fastest-growing-operations-for-kraft-globally

http://rareindianshares.blogspot.com/2011/01/cadbury-india-limited.html

http://www.rareindianshares.info/2011/09/cadbury-india-limited-annual-report.html

http://www.rareindianshares.info/2012/03/cadbury-india-doing-vewry-well-link-to.html

http://altaisadvisors.com/blog/2012/07/08/cadbury-india/comment-page-1/#comment-1517

-----------------------------------------------------------------------------------------------------------------

http://www.moneycontrol.com/news/business/why-didn39t-you-give-fin-projections-to-ey-hc-asks-cadbury_562074.html

http://www.gauravblog.com/?p=1277

http://www.kraftfoodscompany.com/in/en/Brands/index.aspx


There are around 8,159 remaining non promoter shareholders who together own 2.42% stake in Cadbury India.

http://www.rareindianshares.info/2012/11/cadbury-india-faces-tax-evasion.html

http://www.rareindianshares.info/2012/11/cadbury-india-or-mondelez-international.html
--------------------------------------------------------------------------------------------------------------

http://www.rareindianshares.info/2013/02/cadbury-india-excellent-prospects.html

---------------------------------------------------------------------------------

http://economictimes.indiatimes.com/personal-finance/savings-centre/analysis/small-equity-investor-how-to-safeguard-your-interests/articleshow/21742266.cms?curpg=3 
---------
 
NEW POST

July 12, 2023

Reliance Retail shares Compulsory Cancellation , Deja Vu --Farm Enterprises 's Case

Earlier , Unlisted Equity shares of Reliance Enterprises were converted  into Unlisted Optionally Convertible Preference shares of Farm Enterprises ltd. 
Most of the shareholders could not exercise their Right to convert their Preference shares of Farm Enterprises into its Equity shares.
The big question is ; Who was allotted the lapsed Equity Rights and at what rate ?   
For more , please click ;-
Now , the case of compulsory cancellation of  Unlisted shares of Reliance Retail at a rate determined by Promoters .
 For more , please click ;-
 Blog  Disclaimer 
PLEASE RECHECK ALL FACTS INDEPENDENTLY ALSO. 

  .PLEASE DO A FURTHER SELF STUDY

---------------
old post

February 14, 2018


Games Promoters Play ( on Minority Public Shareholders ).

Promoters use clever moves to forcibly eject Public shareholders when ever they feel like i.e. when the Company has excellent future prospects or when it suits the Promoters. 


1 ) Selective cancellation of Non Promoters shares.


2 ) Conversion of Equity shares in to Redeemable Preference Shares.


3 ) Consolidation of face value of one share to a Higher Denomination .



In all cases , valuers are appointed and Paid by the Company. Thus they are Promoters' Agents.

 

Kurlon Limited , Now Named Kanara Consumer Products To Sell Kurlon Enterprises shares and Properties

For sale details please click the Postal Ballot link ;-

https://cdn.kurlon.com/pdf/Signed_PostalBNKCPL.pdf 

It appears WHICH PLEASE RECHECK INDEPENDENTLY ALSO

1. Kanara Consumer Products is the holding company of KURLON ENTERPRISES LIMITED

2. Kanara Consumer Products is selling around 3 crore 23 lakh shares of Kurlon Enterprises to Sheela Foam at Rs. 588 / 20 p per share . Total sale consideration - Around Rs. 1900 cr

3 Kanara Consumer Products  also selling its other factories / land etc.

4 Windfall bonanza for Kanara Consumer Products and , may be , also for share holders of Kanara Consumer Products  

============

 Old Post

July 18, 2023

Sheela Foam- Kurlon Ent Deal- Will There be an Exit Option For Minority Shareholders ?

 For latest on the Deal -  Moneycontrol link ;-

https://www.moneycontrol.com/news/business/markets/sheela-foam-soars-15-as-street-cheers-kurlon-buyout-furlenco-acquisition-10977881.html 

 ====

OLD POST OF 2017 for INFORMATIONAL PURPOSE ONLY

September 30, 2017


Kurlon Enterprises or Kurlon Ltd- Confusion

Question by an Investor

 I am confused. What is your take? 

should one prefer Kurlon Enterprise or Kurlon Ltd in the off-market? 

What is your current Kurlon Enterprise selling price ?

=============================

Blog Answer : 

It appears ( which please Recheck ) that in the Unlisted Share Markets only shares of Kurlon Enterprises ( Rs. 5 paid are available ). 

The IPO ( when ever made ) would , also be of Kurlon Enterprise.

It appears shares of parent Company , Kurlon Limited ( Rs.10 paid ) are only with the Promoters


For Buying / Selling Kurlon Enterprises and its Rate, please contact Dealers of Rare Indian Shares .



Caution : Please Recheck All Information Before Taking Any Investment Decision.
------------------

old post

September 28, 2017


Kurlon Enterprises ?-Annual Report 2016-17

For Annual Report 2016-17, please click :-

For Kurlon Enterprises ( Pages 1 to 98 )

pdf Kurlon Annual report

Important :

Share Face Value of Kurlon Enterprises Limited has been split to Rs.5 Paid Up.

It appears face value of one share of Kurlon Limited is Rs.10 ( PLEASE RECHECK )

55 th Annual Report of Kurlon Limited starts from Page 99.

Before Kurlon Limited is the 6 th Annual Report of Kurlon Enterprises Ltd ( subsidiary ). PLEASE AVOID CONFUSION

Be Careful

-----Blog Caution : PLEASE STUDY CAREFULLY THE ANNUAL REPORT OF Kurlon Enterprises / Kurlon Limited.

Please be Careful.


pdf Kurlon Annual report

-------------

 

Blog Comments 

Some shares of Kurlon Limited , Now  Named Kanara Consumer Products are available for Sale / Purchase with Dealers of Rare Indian Shares

--

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


Disclosure : The Blog writer in his / family names has  holdings in Kanara Consumer Products  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.



Selling Merino Industries shares

any buyer mail me with rate            vinayakapro777@gmail.com

only confirm buy rate please

Warren Buffet 5 Mantras on Life and Investment - Moneycontrol Link

 Please click ;-

https://www.moneycontrol.com/news/business/warren-buffett-turns-93-here-are-the-veterans-top-5-life-and-investing-mantras-11280721.html

UP Hotels , Now Relisted , 2022-2023- Annual Report

 Please click ;-

https://d79k57b9f2p6h.cloudfront.net/generic_uploads/production/yXl8RPXD/62nd_annual_report_fy_2022_23.pdf

 

==========

OLD POST

March 22, 2022

UP Hotels - Clark Group Owns 4 Premium Five Star Hotels- Share Capital Rs. 5 cr 50 lakh Only- RBB Currently On

March 14, 2022

UP Hotels owners of Clarks Group to Officially Delist - RBB - 21/03/2022 TO 25/ 03/2022

Nearly 88 % of the Equity is held by Promoters

For Letter of Offer please click ;-

https://www.moneycontrol.com/stocks/reports/up-hotels-letteroffer-voluntary-delisting-process-29531921.html

UP Hotels own four  premium 5 Star  Clarks Hotels at Agra , Jaipur , Lucknow and Khajuraho

https://www.hotelclarks.com/

--------------------------- 

Blog Comments

Considering that UP Hotels owns 4 Hotels on a share capital of only Rs. Five and a half crore the discovered price should be around Rs. 2000 per  share.

 Please Recalculate independently also .

-------------------------

Please read this old post of 2009

 

UP Hotels - Clark Group of Hotels - Asset Laden - Massive Profits


http://www.rareindianshares.info/search?q=up+hotels

---------------

 

February 08, 2021

U P hotels-Annual Report -2019-20 in PDF

 First click the link ;-

https://www.google.com/search?client=firefox-b-d&q=up+hotels+2020+annual+report+

Then click , for , PDF copy of the Annual  Report 

 

CLARKS GROUP OF HOTELS - BSE

www.bseindia.com › bseplus › AnnualReport

PDF
U. P. Hotels Limited | Annual Report 2019-20. BOARD OF DIRECTORS ... held through VC/OAVM on Friday, 25th September, 2020 at 2.30 p.m. (IST).
--------------
. .

==================

U P Hotels Limted

Registered Office : 1101, " Surya Kiran " 19, Kasturba Gandhi Marg,
New Delhi 110001.

Chairman and  Managing Director , LP Gupta ; Vice Chairman & Managing Director Birendra Kumar ; Apurv Kumar , Executive Director ; Rupak Gupta , Executive Director

U P Hotels Limited was set up in 1961. It owns the famous and highly respected " CLARKS ' group of luxury hotels :-

Hotel Clarks Shiraz , Agra
Hotel Clarks Amer , Jaipur
Hotel Clarks Avadh , Lucknow
Hotel Clarks Khajuraho, Khajuraho


As on 31-09-09 , Share Capital , Rs. Five Crore Forty Lakh ; Reserve Rs. Rs. 44 crore. It is a Zero Debt Company. For the year ended 31-09-09 on a turnover of Rs. 59 crore , Net profit Rs. 8.9 crore. Dividend 25%

No. of shareholders ; around 1060 ; Demat ratio -about 25% ;
Over 88% shares are held by promoters.

Status : Listed at BSE , Mildly Liquid ( Traded nearly daily ). Closing rate on 16-09-09 around Rs.180.



It appears , Hotel industry's prospects would improve considerably in future.

http://www.hotelclarks.com/

===========

 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.

 

August 29, 2023

Reliance Retail - Further Stake Sale / Likely IPO News

 Please click ;-

https://www.business-standard.com/companies/news/reliance-retail-ventures-may-sell-another-8-10-stake-to-prepare-for-ipo-123082500248_1.html

----------------------

OLD POSTS

 

July 20, 2023

Reliance Retail Buyback - ET views

 Please click ;-

https://economictimes.indiatimes.com/prime/corporate-governance/reliance-retail-valuation-issue-blame-it-on-deep-rooted-problems-in-the-unlisted-shares-market/primearticleshow/101966596.cms?utm_source=newsletter&utm_medium=email&utm_campaign=prime_dailynewsletter_unpaid&utm_content=heading_2&ncode=d361cc3f69bb34864998bcae362a59d3389ddea79007c0dbc92bb71427dfdba382e358ae138c194b4d11834cd5bfec0ebdd82b368627202a998fd1f7a32f29d34ae3353de1a92a60a572afbe6a4c60f0

Blog Comments

 We do not agree with ET's contentions because

1 .There is absolutely no need to compulsorily cancel minority shares. 

2 Minority shareholders should be allowed to appoint their own Independent valuers.

This Buy back should be Cancelled.

---------------

OLD POSTS

 

July 08, 2023

Reliance Retail Shareholders Plan Gandhian Satyagraha in Front of Reliance Stores

 Reliance Retail shareholders are  working on all actions to protect the interests of minority shareholders . 

Shareholders intend to make a counter offer for acquiring majority shares 

--------------

 Blog Comments

Compulsory Buyback - Bad in Law - Are Anti Public Shareholders - Reed Relays Latest

OPPOSE  COMPULSORY BUY BACK OF SHARES

Delisting may be OK .
 But forced cancellation of Minority shares is not done even in Capitalism
Capitalism means Demand and Supply.
If the Majority wants the Minority 's shares then , to Quote from Mario Puzo 's Godfather " " They should make an offer we cannot refuse "

. Let them approach us and buy at a mutually agreeable price but not at a Dictated Price.
Free will transactions are the essence of Capitalism
---------------
 
If the Company feels that the rate it is offering is " FAIR " then it should , also , be willing to offer to sell its entire majority  holding at that rate . The minority share holders ( and other Indian share holders ) should have a Right of Pre emption at that " FAIR " rate. For example if Cadbury India Limited feels that Rs.2000 is a " fair rate " then Indian shareholders in general should be given an opportunity to form a SPV ( Special Purpose Vehicle ) Company which ( with suitable debt equity Leveraged Buy out ) and buy  at the same rate  the majority shares from the Promoters. A period of 6 months should be kept for giving this opportunity to Non Promoter Indian shareholders  
------------
OLD POST of 2011 regarding Cadbury - Post For INFORMATIONAL PURPOSE ONLY 
 

January 24, 2011

Cadbury - " Quit India "

Indian investors are World 's Best .
( China is more of hype  China is hidden behind a " bamboo curtain " whereas India is transparent . China does not hold census and thus all economic stats like Per Capita Income etc. are glorified speculations )

It is a matter of great pride for us Indians that East India Company , the joint stock company which once  ruled India and other parts of Asia and Africa , is now owned by an Indian .

http://www.deccanherald.com/content/52595/an-indian-now-owns-east.html

If East India Company can be owned by Indians so can be Cadbury India Limited.

Indians can buy out Kraft Foods 's shares at the " FAIR " value being worked out by Cadbury itself.
---------------------------------------------------------------------------------------------------------------

If the Company feels that the rate it is offering is " FAIR " then it should , also , be willing to offer to sell its entire majority  holding at that rate . The minority share holders ( and other Indian share holders ) should have a Right of Pre emption at that " FAIR " rate. For example if Cadbury India Limited feels that Rs.2000 is a " fair rate " then Indian shareholders in general should be given an opportunity to form a SPV ( Special Purpose Vehicle ) Company which ( with suitable debt equity Leveraged Buy out ) and buy  at the same rate  the majority shares from the Promoters. A period of 6 months should be kept for giving this opportunity to Non Promoter Indian shareholders

However , we  sincerely wish that Cadbury India Limited offers its remaining loyal share holders " Kuchh Meetha " and in New Year 's " Shubh Arambh " withdraws this move

---------------------------------------------------------------------------------------------------------------

http://www.suchetadalal.com/?id=175202d7-a5ce-be2f-492fe1477460&base=sub_sections_content&f&t=Essar%27s+Delisted+Saga

http://seekingalpha.com/news-article/1520805-cadbury-kraft-india-one-of-fastest-growing-operations-for-kraft-globally

http://rareindianshares.blogspot.com/2011/01/cadbury-india-limited.html

http://www.rareindianshares.info/2011/09/cadbury-india-limited-annual-report.html

http://www.rareindianshares.info/2012/03/cadbury-india-doing-vewry-well-link-to.html

http://altaisadvisors.com/blog/2012/07/08/cadbury-india/comment-page-1/#comment-1517

-----------------------------------------------------------------------------------------------------------------

http://www.moneycontrol.com/news/business/why-didn39t-you-give-fin-projections-to-ey-hc-asks-cadbury_562074.html

http://www.gauravblog.com/?p=1277

http://www.kraftfoodscompany.com/in/en/Brands/index.aspx


There are around 8,159 remaining non promoter shareholders who together own 2.42% stake in Cadbury India.

http://www.rareindianshares.info/2012/11/cadbury-india-faces-tax-evasion.html

http://www.rareindianshares.info/2012/11/cadbury-india-or-mondelez-international.html
--------------------------------------------------------------------------------------------------------------

http://www.rareindianshares.info/2013/02/cadbury-india-excellent-prospects.html

---------------------------------------------------------------------------------

http://economictimes.indiatimes.com/personal-finance/savings-centre/analysis/small-equity-investor-how-to-safeguard-your-interests/articleshow/21742266.cms?curpg=3 
---------
 
NEW POST

July 12, 2023

Reliance Retail shares Compulsory Cancellation , Deja Vu --Farm Enterprises 's Case

Earlier , Unlisted Equity shares of Reliance Enterprises were converted  into Unlisted Optionally Convertible Preference shares of Farm Enterprises ltd. 
Most of the shareholders could not exercise their Right to convert their Preference shares of Farm Enterprises into its Equity shares.
The big question is ; Who was allotted the lapsed Equity Rights and at what rate ?   
For more , please click ;-
Now , the case of compulsory cancellation of  Unlisted shares of Reliance Retail at a rate determined by Promoters .
 For more , please click ;-
 Blog  Disclaimer 
PLEASE RECHECK ALL FACTS INDEPENDENTLY ALSO. 

  .PLEASE DO A FURTHER SELF STUDY

---------------
old post

February 14, 2018


Games Promoters Play ( on Minority Public Shareholders ).

Promoters use clever moves to forcibly eject Public shareholders when ever they feel like i.e. when the Company has excellent future prospects or when it suits the Promoters. 


1 ) Selective cancellation of Non Promoters shares.


2 ) Conversion of Equity shares in to Redeemable Preference Shares.


3 ) Consolidation of face value of one share to a Higher Denomination .



In all cases , valuers are appointed and Paid by the Company. Thus they are Promoters' Agents.

 

Schneider Electric President to Relist

Please click ;-

https://www.bqprime.com/law-and-policy/schneider-electric-to-relist-on-a-national-exchange 

It appears that earlier the Company had delisted at the Exit Price of Rs.200 /40 p. per share - PLEASE RECHECK THIS

Old Post  

June 24, 2023

Schneider Electric President -2021-2022 Annual Report

 Please click ;-

https://www.apwpresident.com/content/Annual%20Report/Annual%20Report-FY%202021-22.pdf

-  

 Blog Comments 

It appears some shares of Schneider Electric President are available for Sale / Purchase with Dealers of Rare Indian Shares

  

--

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

Caution :The blog writer has personal/ family members' holdings in this company , so please make suitable "provisions " for likely over optimism


( NB : All information given in good faith. Please recheck all facts. No responsibility taken by this author / blog .