August 15, 2009
Macmillan Publishers India Limited
In a very
surprising and complicated legal move Macmillan Publishers Limited has
extinguished old Equity Shares and has given its shareholders 3 Options
:-
1 ) Cash option of Rs. 69 per Share ( same rate as was offered 6 years ago !! )
2 ) Opt for Redeemable Preference Shares ( RPS ).
3)
Continue as Equity Shareholder of the Transferee Company ( through
Macmillan Equity Shares Trust ).( in terms of Clause 18 . 04 )
----------
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 .
All facts stated in Good Faith . Please recheck every face. no responsibility with the Blog / Writer
No comments:
Post a Comment