April 25, 2024

Dalmia Bharat Refractories- Now also under NSE scrutiny - NSE Listing Likely - PLEASE RECHECK THIS

There is positive news for the shareholders of Dalmia Bharat Refractories . Dalmia Bharat Refractories is currently listed in two Non Operational Stock Exchanges i.e.  Calcutta Stock Exchange and Metropolitan Stock Exchange.

But because of demerger of some Units of Dalmia Bharat Sugar , which is listed in NSE, Dalmia Bharat Refractories , now , has to comply with directions of NSE.

Please click on the following link for NSE's directions to Dalmia Bharat Refractories ;-

https://www.dalmiaocl.com/documents/Revised_Scheme.pdf  Blog Credit to ;-Mr. Vijay, Jalandhar , m 7009409142 himanshusoi478@gmail.com

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Because of Demerrger ,shareholders of Dalmia Bharat Sugar , which id listed in NSE and BSE would get shares of Dalmia Bharat Refractories ,which is a defacto Unlisted share , So Dalmia Bharat Refractories ' share would get listed in BSE / NSE

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Dalmia Bharat Refractories Listing - SEBI new Rules

SEBI New Listing rules

Time period for trading and listing of securities post merger/demerger has been extended by 15 days {i.e. earlier time period of 45 days (Trading in Securities) has been extended to 60 Days (which includes both listing & trading of Securities} from the date of NCLT order.

https://www.corporateprofessionals.com/regulatoryupdate/amendment-to-the-sebi-circular-relating-to-scheme-of-arrangement-involving-listed-companies/ 

 Important ; 

 Dalmia Bharat Sugar is listed in BSE / NSE. 

 Dalmia Bharat Refractories has been listed at Calcutta Stock Exchange and Metropolitan Stock Exchange , which have no share trading .

EXPERTS OPINE THAT INVESTORS OF DALMIA BHARAT CANNOT GET SHARES OF OF NON OPERATIONAL STOCK EXCHANGES LISTED COMPANY.

SO THERE WOULD BE   NSE / BSE LISTING OF DALMIA BHARAT REFRACTORIES

Blog ;  Please Recheck this.

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Merger of some Units of Dalmia Bharat Sugar

https://www.msei.in/MeetingAnnouncement/DALMIARF/Company%20Update/202422/02022024_DALMIARF_03.pdf

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 As such there are , now , no sellers ,     in the Unlisted Market , of shares of  Dalmia Bharat Refractories even at Rs. 350 / share . On NSE listing investors are expecting a price of Rs 500 / share and a split to Rs 2 / share as is the case with Dalmia Bharat and Dalmia Bharat Sugar Blog Caution  PLEASE RECHECK INDEPENDENTLY. CAUTION- PLEASE DO NOT TAKE ANY INVESTMENT DECISION BASED ON THESE  POINTS  .

PLEASE DO ONLY A FURTHER SELF STUDY

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 OLD POSTS

April 09, 2024
Dalmia Bharat Refractories. Book Value Rs.665 /38 Worked Out by Analysts / Dealers

 Please click - 

  https://www.planify.in/research-report/dalmia-bharat-refractories-limited/


 Blog Credit to ;-

 Mr. Vijay, Jalandhar , m 7009409142

himanshusoi478@gmail.com

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Blog Request  Please Recheck All Details

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OLD  POSTS

 
March 19, 2024
Dalmia Bharat Refractories Becoming like Dalmia Group's Tata Investments / Bajaj Holdings / Nalwa Sons
 
 Dalmia Bharat Refractories has become Dalmia Group's Holding Company
 Huge Investments in Hippo Stores
Please click ;-
https://drive.google.com/file/d/1CzY7bYRIDW35WCgHndx8UCkdkp52OZDJ/view?usp=sharing
https://drive.google.com/file/d/1_spvoURdOfxvtCJcczSQUSL45_QHkeic/view?usp=sharing
 Blog Credit to ;-

 Mr. Vijay, Jalandhar , m 7009409142

himanshusoi478@gmail.com

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Hippo Stores site

https://www.hippostores.com/


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Dalmia Bharat Refractories - Promoters Sell Stake to Another Group Company at Rs. 427 /share

 

Please click ;- 


 https://www.bseindia.com/xml-data/corpfiling/AttachLive/8fba22df-82d3-45d6-836c-076dd281a0d9.pdf

 

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 .

 

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Dalmia Bharat Refractories- Why Promoters Not Buying From Metropolitan Stock Exchange ?

 Dalmia Bharat Refractories' promoters are Buying / Selling its shares at Rs.  427/ share. 

Metropolitan Stock Exchange is reporting share transactions of Dalmia Bharat Refractories around Rs 160 / share. 

It makes a perfect Business sense for Promoters to buy more of these shares  from Metropolitan Stock Exchange at these rates.

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November 07, 2023

Dalmia Bharat Refractories-Gets Demerged Birla Tyres Unit- Lottery ? DBRL Rate Shoots Up- PLEASE RECHECK THIS INDEPENDENTLY

 Birla  Tyres  Unit to be demerged with Dalmia Bharat Refractories

Please click ;-

https:// drive.google.com/file/d/19EEQP4FoCII-uepGdcPXwEhbaxFjkyYK/view?usp=sharing

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Birla Tyres - Lottery ? Also for Dalmia Bharat Refactories - Acquired at Rs 347 cr Relacement cost Rs.3100 cr

 

https://www.bseindia.com/xml-data/corpfiling/AttachHis/aa95abfa-674b-40a5-8cf7-111ff3110015.pdf

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It appears some shares of Dalmia Bharat Refractories are available for sale / purchase with Dealers of Rare Indian Shares  .

BLOG DISCLAIMER


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

Disclosure : The Blog writer in his / family names has  holdings in Dalmia Bharat Refractories  So please make suitable " provisions " for any likely Over Optimism


NB :All information given in good faith to further the interest of fellow investors. Please recheck every point before taking any investment decision. No responsibility with this Blog or Blog Writer

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