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Time to book profit
Posted by :
alpeshr
Above 50Rs book yr profit. after 31st march it is going negative as overall business and profitability is average.
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Updates on scheme of arrangement
Posted by :
ace_bubble
after demerger you would get shares of demerged entity smartlink also. From shareholders point of view nothing is changed , together both companies continue to do same business as before.
Thanks
Sachin
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Updates on scheme of arrangement
Posted by :
vkk43I am sorry, I am not tracking this share on a regular basis....
Updates on scheme of arrangement
Posted by : alpeshrhi all with the said change, now company will be only with structured cabling product. need more clarification about dlink corporation`s future marketing plans. otherwise this stock has no it would be as good as any electronic trading company of MIDC or GIDC...
Updates on scheme of arrangement
Posted by : vkk43
D-Link India Ltd has informed BSE that the Hon`ble High Court of Judicature of Bombay, Goa has approved the Scheme of Arrangement between Smartlink Network Systems Ltd and D-Link (India) Ltd ("Company") and their respective shareholders and creditors, vide its orders dated February 27, 2009. Certified copies of the aforementioned orders were made available to the Company on March 05, 2009.
The Scheme of Arrangement shall become effective after satisfaction of the conditions set out in the clause 36 of the Scheme, including receipt of approvals from the Foreign Investment Promotion Board and the Reserve Bank of India....
BSE Announcements on D-Link (India)
Posted by : MMB Messenger
D-Link India Ltd has informed BSE that the Honble High Court of Judicature of Bombay, Goa has approved the Scheme of Arrangement between Smartlink Network Systems Ltd and D-Link (India) Ltd ("Company") and their respective shareholders and creditors, vide its orders dated February 27, 2009. Certified copies of the aforementioned orders were made available to the Company on March 05, 2009.
The Scheme of Arrangement shall become effective after satisfaction of the conditions set out in the clause 36 of the Scheme, including receipt of approvals from the Foreign Investment Promotion Board and the Reserve Bank of India....
NSE Announcements on D-Link (India)
Posted by : MMB MessengerD-Link (India) Limited has informed the Exchange that the Honble High Court of Judicature of Bombay, Goa has approved the Scheme of Arrangement between Smartlink Network Systems Limited and D-Link (India) Limited ("Company") and their respective shareholders and creditors, vide its orders dated February 27, 2009. Certified copies of the aforementioned orders were made available to the Company on March 05, 2009. The Scheme of Arrangement shall become effective after satisfaction of the conditions set out in the clause 36 of the Scheme, including receipt of approvals from the Foreign Investment Promotion Board and the Reserve Bank of India....
BSE Announcements on D-Link (India)
Posted by : MMB MessengerD-Link India Ltd about the Unaudited financial results for the Quarter ended December 31, 2008....
NSE Announcements on D-Link (India)
Posted by : MMB MessengerD-Link (India) Limited has submitted to the Exchange a copy of the Proceedings of the meetings of Shareholders and Creditors of the Company held on December 29, 2008. The Meetings were convened pursuant to the Order of the High Court of Judicature at Bombay-Goa Bench, dated November 24, 2008, passed in Company Application No. 43 of 2008 to consider and if thought fit to approve the Arrangement embodied in the Scheme of Arrangement between D-Link (India) Limited and SmartLink Network Systems Limited and their respective shareholders and creditors. A copy of the Proceedings shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...
BSE Announcements on D-Link (India)
Posted by : MMB MessengerD-Link India Ltd has informed BSE regarding the Proceedings of the meetings of Shareholders and Creditors of the Company held on December 29, 2008. The Meetings were convened pursuant to the Order of the High Court of Judicature at Bombay - Goa Bench, dated November 24, 2008, passed in Company Application No. 43 of 2008 to consider and if thought fit to approve the Arrangement embodied in the, Scheme of Arrangement between D-Link (India) Ltd and SmartLink Network Systems Ltd and their respective shareholders and creditors....
NSE Announcements on D-Link (India)
Posted by : MMB MessengerD-Link (India) Limited has informed the Exchange that: "The Scheme of Arrangement between D-Link (India) Limited and Smartlink Network Systems Limited was approved by shareholders and unsecured creditors at the court convened meetings held on 29th December 2008. The poll was conducted for the purposes of considering and, if thought fit, approving with or without modification(s), the arrangement embodied in the Scheme of Arrangement between D-link (India) Limited and Smartlink Network Systems Limited and their respective Shareholders and Creditors. The Shareholders approved the Scheme with an majority, casting vote in number 2,11,68,626 and 100% of the total number of members present and voting (in person or by proxy) at the meeting. The unsecured creditors approved the scheme with an majority, casting 417,966,249/- (amount) vote and 100% of the total outstanding of Unsecured Creditors voting (in person or by proxy) at the meeting"....
BSE Announcements on D-Link (India)
Posted by : MMB MessengerD-Link India Ltd has informed BSE the shareholders & unsecured creditors of the Company at its Court Convened Meeting Held on December 29, 2008 have approved the Scheme of Arrangement between D-Link India Ltd & Smartlink Network Systems Ltd....
D-link de merger- do not sell d-link
Posted by : samirarora
MUMBAI, INDIA: D-Link (India), the networking product firm and the arm of D-Link Corporation headquartered Taiwan has announced its demerger into two separate companies – D-Link (India) and Smartlink Network Systems Ltd.
The first company (D-Link (India) Ltd.) will handle the sales and marketing business of D-Link branded active networking products, while the newly formed company (Smartlink Network Systems Ltd.) will focus on business of manufacturing, R&D, sales and services of networking products, as well as sales and marketing of SCS products.
"For D-Link the demerger hasn`t happened for the first time. In past, D-Link Corporation management at Taiwan had done a similar demerger of its business where the manufacturing business was separated from sales, marketing and R&D. With the two companies, it offers a bigger market share and market penetration," said A P Chan, CFO and executive vice president D-Link Corporation.
"Also, demerger will offer better transparency into the business along with better management. Even other companies likes Acer, Asus have done demerger for its businesses," added Chan.
About the financial structure of the two companies, Jangoo Dalal, CEO and managing director, D-Link (India) Ltd., said, "D-Link Corporation will hold about 60 per cent share in D-Link (India) Ltd., two per cent share of Naik and his associates and rest will be public`s share."
"While in Smartlink Network Systems Ltd., Naik and his associates will hold 62 per cent share and rest will be public share. D-Link Corporation will have no share in this new company," added Dalal. At present, both the companies will have 50-50 per cent revenue and balance sheet share.
Further he said, "the need of demerger is for sharper focus of different businesses and distinct set of activities. Both the companies will have its independent long term strategies and will help to accelerate growth."
The company has about 22 regional distributors and about 2000 retailers spread across India, along with 700 employees that work in the manufacturing, R&D, sales and marketing tasks.
As part of the transfer of business, each shareholder in the company will receive one equity share of face value of Rs 2 in Smartlink, for each equity share of face value Rs 2 presently held.
The scheme is subject to the approval of shareholders, creditors, and other approval as may be required, including that of stock exchange, Mumbai High Court, Foreign investment promotion Board and the Reserve bank of India.
©CyberMedia News ...
buy D link?
Posted by : samiraroraIs D Link good to buy at price levels of 40-45?...
