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Showing posts from August, 2014

Buying shares in the following companies :

Contact  : Sandip Ginodia , Director ABHISHEK SECURITIES We deal in over 60 unlisted companies with 15 years of experience . For latest prices visit :  www.abhisheksecurities.com/unlisted.htm  / call : 09830271248 . Email :  ginodiasandip1@gmail.com We are buying shares in the following companies at the rates mentioned below. Share Name Price ICICI Pru Life Rs. 180 ICICI Lombard General Insurance Rs. 120 Ratnakar Bank Limited Rs. 160 Catholic Syrian Bank Rs. 155 Tamilnad Mercantile Bank Rs. 65000 Bharat Nidhi Rs. 5250

NBI Industrial Finance Limited

NBI Industrial Finance Limited , Strand Road, Kolkata-700001 NBI Industrial Finance Limited was originally incorporated in Lahore in 1935 as The New Bank of India Limited. Dr. Ganeshi Lal Aggarwal and Mr. Kohli were the original promoters. After 1947 the Registered office was shifted to New Delhi. To provide for the losses due to partition the face value of the share was reduced from Rs. 10 to Rs. 5 . Later, The New Bank of India Ltd. was nationalised. Most of the non promoter shareholders took cash compensation. The Registered Office of the Company was shifted from Connaught Place, New Delhi to Strand Road , Kolkata. The share's face value was consolidated to Rs. 10. Share Capital : Rs. 1 cr 12 lakh Reserves : Around Rs.11 cr  NBI Industrial Finance Company is , now , the investment holding Company of Bangurs ( Benu Gopal Bangur of Shree Cement group ). They were the promoters of New Bank of India at the time of nationalisation. As the Company has holding of Shree Cement Ltd. it...

Gujrat NRE issues bonus shares

Gujarat NRE Mineral Resources Limited Bonus Issues (26.5.2013) Board Recommends Bonus Shares (26.5.2013)  Keeping with Gujarat NRE Group’s policy towards creating value for its investors, the Board of Directors proudly recommends issue of Bonus Shares in the ratio of 1:2 i.e. one equity share of Rs. 10/- each to be credited as fully paid-up for every two existing equity shares of Rs. 10/- each of the Company. In the interest of the Company and its non-promoter shareholders, the promoter of the Company Mr. Arun Kumar Jagatramka, his family members and the entities belonging to the group, have decided to waive their respective entitlements to receive Bonus Shares as aforesaid. Accordingly, the Bonus Shares would be issued to non-promoter shareholders only. Consequently, post issue of Bonus Shares, the stake of the promoter group in the Company would come down from present 89% to around 82%. The aforesaid recommendation of Bonus shares is subject to the sh...