Nirma 's Voluntary Tendering Delisting @ 260 - Compulsory Buy Back @ 225

In treating its Share holders shabbily / unwanted babies ,Nirma Limited has beaten its Peers like Cadbury India , Shakti Metdor etc.

Whereas Nirma Limited voluntary Tendering Rate at the time of Delisting was Rs. 260 , now , Nirma wants to kick out the remaining share holders @ Rs, 225

Wonder how they treat Class IV employees  there.

Are Share holders ( owners of the Public Limited Company ) treated any better ?

If such is the mind set of owners then why do they invite Public Capital , in the first place ?

They are better off as HUF / Private Limited


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NIRMA LIMITED

Delisted

wef :28-03-2012

Exit Offer : Rs. 260 ( for Rs. 5 Paid Up Share )

Exit Window Closed on 03-10-2012

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Nirma Compulsory Buy Back- Shareholders to Oppose Tooth And Nail

Shareholders of Nirma Limited are determined to oppose vehemently Nirma Limited 's anti small shareholder move to compulsorily buy back non promoters shares @ Rs. 225 ( Rs 5 Paid ).

Earlier Delisting Price was Rs. 260 . Now , Kicking Out Rate is Rs. 225 .

Are the Promoters willing to Sell Out their Holding at Rs. 225 ?

AGM at Ahmedabad on 23/07/13 , 11 AM

Shareholders are writing their opposition by sending letters , Regd Post , to the Compliance Officer. Later , legal action ( like with Cadbury India and Shakti   Metdor would be undertaken )

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Delisted

wef :28-03-2012

Exit Offer : Rs. 260 ( for Rs. 5 Paid Up Share )

Exit Window Closed on 03-10-2012