Showing posts sorted by date for query binani cement bid. Sort by relevance Show all posts
Showing posts sorted by date for query binani cement bid. Sort by relevance Show all posts

October 21, 2023

Birla Tyres NCLT Order Copy , 2022-2023 Financials

Copy of NCLT order

 https://www.bseindia.com/xml-data/corpfiling/AttachLive/067590cb-016d-4572-b804-a58df8629910.pdf

Balance Sheet -31/03/2023 and P/L   2022-2023

https://www.bseindia.com/xml-data/corpfiling/AttachHis/f312d257-a548-4d16-9e4b-cfbd7757c999.pdf 

  Blog Credit to ;-

 Mr. Vijay, Jalandhar , m 7009409142

himanshusoi478@gmail.com

----------

OLD POSTS

 

October 21, 2023

Birla Tyres shares to be Delisted

 Please click ;--

https://www.bseindia.com/xml-data/corpfiling/AttachLive/07fec7d6-c074-4edc-9cac-2c3a770ba95f.pdf

 Credit ;-

Blog Credit to ;-

 Mr. Vijay, Jalandhar , m 7009409142

himanshusoi478@gmail.com

 --------------------

Blog Comments

As there has been a substantial hair cut for the Banks , we feel there would be nothing in the NCLT order for the equity shareholders . Birla Tyres shares may simply be cancelled , as-was the case with  Binani Cement Limited.

----------

OLD POSTS

October 19, 2023

Dalmia Bharat Refractories Acquires Birla Tyres Jointly With Himadri Speciality Chemical

Please click ;-

https://www.msei.in/MeetingAnnouncement/DALMIARF/Company%20Update/20231019/19102023_DALMIARF_01.pdf

 https://www.business-standard.com/companies/news/nclt-approves-himadri-dalmia-group-s-joint-resolution-plan-of-birla-tyres-123101900937_1.html 

--

Blog Comments

This development explains why HNI s were  holding on / increasing their share Holdings and Share Dealers have been approaching shareholders  for purchase of shares.

Further , Share rate of Himadri Speciality Chemicals - Listed has been steadily going up Share rate of Dalmia Bharat Refractories is also expected to rise sharply , as per the buzz in the Unlisted Market circles

PLEASE RECHECK ALL INFORMATION INDEPENDENTLY ALSO BEFORE TAKING ANY INVESTMENT DECISION .

==========

 OLD POSTS

October 18, 2023

Dalmia Bharat Refractotries Share Holding Pattern- High Promoters Holding

 Please click ;-

https://www.msei.in/MeetingAnnouncement/DALMIARF/Compliance/20231018/18102023_DALMIARF_01.pdf

 

Blog Comments

High Promoter Holding in indicative of their confidence in future of the company.

 

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

OLD POSTS

BSE / NSE Listing Demanded 


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

 

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 .


 There are , now , no sellers ,     in the Unlisted Market , of shares of  Dalmia Bharat Refractories even at Rs. 200 / share

Blog Caution 
PLEASE RECHECK INDEPENDENTLY. 

CAUTION- PLEASE DO NOT TAKE ANY INVESTMENT DECISION BASED ON THESE  POINTS  .
PLEASE DO ONLY A FURTHER SELF STUDY

--

August 23, 2023

Dalmia Bharat Refractories ' Successful Joint Bid For Birla Tyres. BSE / NSE Listing Wanted

 Birla Tyre 's bid

https://www.msei.in/MeetingAnnouncement/DALMIARF/Company%20Update/2023822/22082023_DALMIARF_01.pdf

 

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

 It appears some shares of Dalmia Refractories are available 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 Dalmia Bgarat Refractories  And Birla Tyres 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

Posted by at No comments:
Labels: ,

October 20, 2023

Dalmia Bharat Refractories to Issue Rs. 192 Cr NCD to Himadri Speciality - Birla Tyres Takeover case

 Please click ;-

https://www.msei.in/MeetingAnnouncement/DALMIARF/Outcome%20of%20Board%20Meeting/20231020/20102023_DALMIARF_01.pdf 

 Blog Credit to ;-

 Mr. Vijay, Jalandhar , m 7009409142

himanshusoi478@gmail.com 

---------

OLD POSTS 


October 19, 2023

Dalmia Bharat Refractories Acquires Birla Tyres Jointly With Himadri Speciality Chemical

Please click ;-

https://www.msei.in/MeetingAnnouncement/DALMIARF/Company%20Update/20231019/19102023_DALMIARF_01.pdf

 

https://www.business-standard.com/companies/news/nclt-approves-himadri-dalmia-group-s-joint-resolution-plan-of-birla-tyres-123101900937_1.html 

--

Blog Comments

This development explains why HNI s were  holding on / increasing their share Holdings and Share Dealers have been approaching shareholders  for purchase of shares.

Further , Share rate of Himadri Speciality Chemicals - Listed has been steadily going up Share rate of Dalmia Bharat Refractories have risen sharply , as per the buzz in the Unlisted Market circles

PLEASE RECHECK ALL INFORMATION INDEPENDENTLY ALSO BEFORE TAKING ANY INVESTMENT DECISION .

==========

 OLD POSTS

October 18, 2023

Dalmia Bharat Refractotries Share Holding Pattern- High Promoters Holding

 Please click ;-

https://www.msei.in/MeetingAnnouncement/DALMIARF/Compliance/20231018/18102023_DALMIARF_01.pdf

  Blog Credit to ;-

 Mr. Vijay, Jalandhar , m 7009409142

himanshusoi478@gmail.com 

Blog Comments

High Promoter Holding in indicative of their confidence in future of the company.

 

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

OLD POSTS

BSE / NSE Listing Demanded 


Dalmia Bharat Refractotries Shareholders Demand Buyback Offer at Rs 427 per Share , Also BSE Listing 

 

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.

 

There are , now , no sellers ,     in the Unlisted Market , of shares of  Dalmia Bharat Refractories even at Rs. 200 / share

Blog Caution 
PLEASE RECHECK INDEPENDENTLY. 

CAUTION- PLEASE DO NOT TAKE ANY INVESTMENT DECISION BASED ON THESE  POINTS  .
PLEASE DO ONLY A FURTHER SELF STUDY


 

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

 It appears some shares of Dalmia Refractories are available 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 Dalmia Bharat Refractories  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


Posted by at No comments:
Labels: ,

Birla Tyres shares to be Delisted

 Please click ;--

https://www.bseindia.com/xml-data/corpfiling/AttachLive/07fec7d6-c074-4edc-9cac-2c3a770ba95f.pdf

 Credit ;-

Blog Credit to ;-

 Mr. Vijay, Jalandhar , m 7009409142

himanshusoi478@gmail.com

 --------------------

Blog Comments

As there has been a substantial hair cut for the Banks , we feel there would be nothing in the NCLT order for the equity shareholders . Birla Tyres shares may simply be cancelled , as-was the case with  Binani Cement Limited.

 

Copy of NCLT order

 https://www.bseindia.com/xml-data/corpfiling/AttachLive/067590cb-016d-4572-b804-a58df8629910.pdf

Balance Sheet -31/03/2023 and P/L   2022-2023

https://www.bseindia.com/xml-data/corpfiling/AttachHis/f312d257-a548-4d16-9e4b-cfbd7757c999.pdf 

  Blog Credit to ;-

 Mr. Vijay, Jalandhar , m 7009409142

himanshusoi478@gmail.com

 

----------

OLD POSTS

October 19, 2023

Dalmia Bharat Refractories Acquires Birla Tyres Jointly With Himadri Speciality Chemical

Please click ;-

https://www.msei.in/MeetingAnnouncement/DALMIARF/Company%20Update/20231019/19102023_DALMIARF_01.pdf

 https://www.business-standard.com/companies/news/nclt-approves-himadri-dalmia-group-s-joint-resolution-plan-of-birla-tyres-123101900937_1.html 

--

Blog Comments

This development explains why HNI s were  holding on / increasing their share Holdings and Share Dealers have been approaching shareholders  for purchase of shares.

Further , Share rate of Himadri Speciality Chemicals - Listed has been steadily going up Share rate of Dalmia Bharat Refractories is also expected to rise sharply , as per the buzz in the Unlisted Market circles

PLEASE RECHECK ALL INFORMATION INDEPENDENTLY ALSO BEFORE TAKING ANY INVESTMENT DECISION .

==========

 OLD POSTS

October 18, 2023

Dalmia Bharat Refractotries Share Holding Pattern- High Promoters Holding

 Please click ;-

https://www.msei.in/MeetingAnnouncement/DALMIARF/Compliance/20231018/18102023_DALMIARF_01.pdf

 

Blog Comments

High Promoter Holding in indicative of their confidence in future of the company.

 

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

OLD POSTS

BSE / NSE Listing Demanded 


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

 

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 .


 There are , now , no sellers ,     in the Unlisted Market , of shares of  Dalmia Bharat Refractories even at Rs. 200 / share

Blog Caution 
PLEASE RECHECK INDEPENDENTLY. 

CAUTION- PLEASE DO NOT TAKE ANY INVESTMENT DECISION BASED ON THESE  POINTS  .
PLEASE DO ONLY A FURTHER SELF STUDY

--

August 23, 2023

Dalmia Bharat Refractories ' Successful Joint Bid For Birla Tyres. BSE / NSE Listing Wanted

 Birla Tyre 's bid

https://www.msei.in/MeetingAnnouncement/DALMIARF/Company%20Update/2023822/22082023_DALMIARF_01.pdf

 

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

 It appears some shares of Dalmia Refractories are available 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 Dalmia Bgarat Refractories  And Birla Tyres 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

Posted by at No comments:
Labels: ,

July 11, 2023

Reliance Retail Public Shareholders Find Compulsory Cancellation of Shares Very Unfair

 OLD POST

Valuers Should be Fair / Honest

CA s, Valuers , NCLT Professionals Should be Fair / Honest


https://www.bloombergquint.com/business/2018/03/20/ultratech-will-fight-off-a-web-of-litigation-to-buy-binani-cement-exclusive
https://www.moneycontrol.com/news/business/binani-cement-resolution-professional-alleges-fraud-by-company-promoters-2532775.html
Any hint of dishonesty / underhand considerations hurt the Ordinary / Public shareholders who depend entirely on Audited Balance sheets and " fair " prices worked out by "Independent Valuers.
Such "Professionals ' are selected only by the Promoters and can be partial.  
-------------
 other posts

March 21, 2018

Were There Irregularities in Binani Cement ??


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

February 21, 2018

Binani Cement Undervalued in NCLT Say Promoters

In a filing at the National Company Law Tribunal, Kolkata, Binani Industries has also said the resolution professional appointed for the company, Vijaykumar Iyer, and Deloitte, have vested interests in undervaluing the company so that they can give their “favourite bidder” the company.“It appears the valuation done by the resolution professional is absolutely wrong on account of valuers being misled by the RP, who has a personal interest in undervaluing the corporate debtor (Binani Cement),”

credit / for more please click

http://www.business-standard.com/article/companies/insolvency-binani-industries-questions-cement-arm-s-bidding-process-118022100002_1.html
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.
-------------------------- 

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. 
------------------
March 20, 2018

Binani Cement Bid- Make Non Promoter Shareholders a Party



https://economictimes.indiatimes.com/industry/indl-goods/svs/cement/ultratech-googly-puts-dalmia-binani-lenders-on-backfoot/articleshow/6337376

Binani Cement delisted in 2011 at the Exit price of Rs 90 /-
We continue to hold on to our shares of Binani Cement.
Our interests should be considered at the the NCLT proceedings. We should be made a Party to the legal proceedings.
Between Dalmia Bharat and Ultratech we support that Company which offers us more ( market value wise ) shares of their own company in lieu of our Binani Cement shares.
===========
Also please read :-

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


 
For Reliance Retail , please click ;-
---------
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.
-------------------------- 
 
HUM MEHNAT KASH ISS DUNIYA SE

JAB APNA HISSA MANGEY GEY

IK BAGH NAHI; IKK KHET NAHIN

HUM SAARI DUNIYA MANGEY GEY

( Josh Malihabadi )


Saadda Haq , Ethey Rakh

 

Posted by at No comments:
Labels: ,

October 21, 2019

Valuers Should be Fair / Honest

CA s, Valuers , NCLT Professionals Should be Fair / Honest


https://www.bloombergquint.com/business/2018/03/20/ultratech-will-fight-off-a-web-of-litigation-to-buy-binani-cement-exclusive

https://www.moneycontrol.com/news/business/binani-cement-resolution-professional-alleges-fraud-by-company-promoters-2532775.html

Any hint of dishonesty / underhand considerations hurt the Ordinary / Public shareholders who depend entirely on Audited Balance sheets and " fair " prices worked out by "Independent Valuers.

Such "Professionals ' are selected only by the Promoters and can be partial.  

-------------
other posts

March 21, 2018



Were There Irregularities in Binani Cement ??


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

February 21, 2018


Binani Cement Undervalued in NCLT Say Promoters

In a filing at the National Company Law Tribunal, Kolkata, Binani Industries has also said the resolution professional appointed for the company, Vijaykumar Iyer, and Deloitte, have vested interests in undervaluing the company so that they can give their “favourite bidder” the company.“It appears the valuation done by the resolution professional is absolutely wrong on account of valuers being misled by the RP, who has a personal interest in undervaluing the corporate debtor (Binani Cement),”

credit / for more please click

http://www.business-standard.com/article/companies/insolvency-binani-industries-questions-cement-arm-s-bidding-process-118022100002_1.html
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.

-------------------------- 

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. 
------------------
March 20, 2018

Binani Cement Bid- Make Non Promoter Shareholders a Party



https://economictimes.indiatimes.com/industry/indl-goods/svs/cement/ultratech-googly-puts-dalmia-binani-lenders-on-backfoot/articleshow/6337376


Binani Cement delisted in 2011 at the Exit price of Rs 90 /-

We continue to hold on to our shares of Binani Cement.

Our interests should be considered at the the NCLT proceedings. We should be made a Party to the legal proceedings.

Between Dalmia Bharat and Ultratech we support that Company which offers us more ( market value wise ) shares of their own company in lieu of our Binani Cement shares.

===========

 Also please read :-

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



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





HUM MEHNAT KASH ISS DUNIYA SE

JAB APNA HISSA MANGEY GEY

IK BAGH NAHI; IKK KHET NAHIN

HUM SAARI DUNIYA MANGEY GEY

( Josh Malihabadi )



Saadda Haq , Ethey Rakh
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