SEBI Takeover Watchman

Thursday, April 15, 2021

PRABHAT DAIRY- MILCHING ITS SHAREHOLDERS

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1.      With its share price at around Rs. 93 (market cap Rs. 900 Cr app) on January 22 2019, Prabhat Dairy announced the sale of its dair...
1 comment:
Friday, March 26, 2021

Tata Steel - Bhushan Steel merger EGM today March 26: VOTE AGAINST THE RESOLUTION

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SMALL INVESTORS’ WELFARE ASSOCIATION      SirenBajao@gmail.com   The Tata Steel - Bhushan Steel merger EGM today; March 26: SHAREHOLDERS S...
5 comments:
Monday, December 21, 2020

Review of SEBI Delisting Regulations, Comments sent on 19.12.2020

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Dear Sir, We thank you issuing the discussion paper on Delisting Review. We find that some of our suggestions have found their way in the ...
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...
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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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