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
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
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