SEBI Takeover Watchman

Saturday, November 7, 2020

VEDANTA SAGA continues-- Open Letter to Lalita Gupte

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SMALL INVESTORS’ WELFARE ASSOCIATION        Email :  SirenBajao@gmail.com     Madam, We were shocked to learn of your resignation from...
Thursday, October 22, 2020

VEDANTA DIVIDEND UPDATE

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Late last night again after 10 pm, Vedanta informed the Stock exchange that their Board is meeting on 24th October 2020 to consider first  I...
Friday, October 16, 2020

VEDANTA: MASSIVE DIVIDEND COMING

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  AA has started milching the cash cow—Hindustan zinc Ltd. Yesterday (15.10.20) night at 2215 hours, Hindustan zinc (HZL) informed stock exc...
5 comments:
Monday, October 12, 2020

Delisting Counter Offer- should be fair to investors as well-Vedanta

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Re. VERY URGENT AND IMMEDIATE PLEASE. Delisting Regulation- Vedanta The apprehensions as expressed in my letters dated 4 th July and 2 n...
Monday, October 5, 2020

VEDANTA DELISTING- Ground check

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Now that the investors have got all kinds of GYAN about valuation and the likely exit price, it is time to do some ground check.  The price ...
Sunday, October 4, 2020

ACCELYA OFFER OPENING ON 5 OCTOBER 2020, CASE FILED

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Further to my post of Saturday, September 26, 2020, I am happy to inform that I have filed an appeal in SAT on 28 September 2020 seeking   a...
Tuesday, September 29, 2020

VEDANTA DELISTING-- what price?

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Vedanta   PA was announced today. Anil Agarwal has now climbed the conveyor belt with no stop button. RBB opens on Monday October 5 and clos...
3 comments:
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CA. Arun Goenka
The Original CHAUKIDAAR ,“TAKEOVER WATCHMAN” since 2007. CA. Arun Goenka* hands-on experience in the share market* deep knowledge of laws and account*one of the early players, pioneered an investment strategy in TAKEOVERS*The WIRC - of The Institute of Chartered Accountants of India, has honoured him with the ‘Recognition of CAs in Social Service’. * often invited by National business news; electronic and print media, for his views on SEBI related matters. * history of red-flagging 100+ cases to SEBI* contributes by giving inputs in drafting amendments to the regulation* Some of the suggestions reflected in subsequent regulatory changes: (a). In takeover of Cairn 3,750 Crores non-compete fees waived off and ultimately Removal of Non-compete fee in 2011 (b) November 2009 amending Regulation 11 (1). (c)Listing agreement baring promoters from voting on related party. (d) Disclosure of past performance by merchant bankers in case of IPO (e) SAST 2011 regulation 10(1)(h), (f) Counter Offer in case of Delisting (g) Interest payment to all in case of delays in Open Offers(05.06.20).
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