Online
|
|
BSE Announcements on Macmillan
Posted by :
deepakm
FYI, if you are interested to hold the shares, you can still return the cheque. So the option to hold the shares is still open. The only issue is liquidity, as the publications company share is not listed now.
Thanks for the suggestion on Navneet....
BSE Announcements on Macmillan
Posted by :
jimima
Sorry, the time limit of option selection is over. And if any investor has not selected any one option. Means intrested for buyback @Rs.69/-
Moreover as per my opinion @Rs.42-44, Navneet Pub.(FV Rs.2/-) is better choice than Macmillan Publi div. an unlisted company.
Six months ago I have purchased @Rs.86/-, and Rs.69/- received as part of pub. Div. plus Macmillan is traded on BSE @Rs.44/- today....
BSE Announcements on Macmillan
Posted by : deepakmIs it a good idea to continue holding the unlisted company share and return the cheque? Rs 69 per share appears quite less for the book publising business, which is quite profitable....
BSE Announcements on Macmillan
Posted by : jimima
Demerger of publishing business and undertaking of Macmillan India Ltd (MIL) to MacMillan Publishers India Ltd.(MPIL) - scheme of demerger sanctioned by Hon`ble Madras High court in ratio of 1:1
And as per demerger scheme given 3options. 1)Buy more at Rs69/- per share new unlisted share as above.
2)Held new unlisted allotted share in ratio of 1:1
3)surrender the new share automatically buy back at Rs.69/- per share.
If investor not selected option 1 or 2, it will be automatically selected option 3 & received Rs.69/- per share. without any formalities.
...
BSE Announcements on Macmillan
Posted by :
gun-gun
Please can u provide me some info about demerger. I am holding 5000 odd shares in two different account.
Please can u let me wht if i accept the cheque... as i want to return the cheque.
...
BSE Announcements on Macmillan
Posted by : PopatpyareYes, received Demand Draft of HSBC/ payable par at corporation bank local branch. Issued on Dt.03/03/2009. By reg.AD Post today. Do you know about account`s entry?...
BSE Announcements on Macmillan
Posted by : MMB MessengerMacmillan India Ltd has informed BSE about the Unaudited Standalone financial results for the Quarter December 31, 2008 & Audited Standalone & Consolidated financial result for Year ended December 31, 2008....
BSE Announcements on Macmillan
Posted by : MMB Messenger
Macmillan India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 25, 2009, inter alia, has decided the following matters:
1. The Board of Directors have decided not to declare any dividend for the year ended December 31, 2008. This is in view of the need to conserve resources in a globally challenging economic scenario and make continued investments to secure future growth.
2. In view of the recent amendment in the Corporate Governance requirements relating to Clause 49 of the Listing Agreement defining the term "related to promoter" and to ensure that at least 50% of the Board consists of independent directors, the following changes have been made in the Board composition which are all effective from February 25, 2009.
a. Mr. Steven Inchcoombe has resigned from the Board with effect from February 25, 2009.
2. Mr. Lawrence Jennings has been appointed as an Additional Director and Chairman of the Board of Directors with effect from February 25, 2009.
3. Dr. Annette Thomas has resigned from the Board with effect from February 25, 2009.
4. Mr. Rajiv Beri has resigned from the Board with effect from February 25, 2009.
5. Mr. M J Barnard has resigned from the Board with effect from February 25, 2009....
NSE Announcements on Macmillan
Posted by : MMB MessengerMacmillan India Limited has informed the Exchange that at the Board Meeting held on February 25, 2009 the following matter was discussed/decided: In view of the recent amendment in the Corporate Governance requirements relating to Clause 49 of the Listing Agreement defining the term "related to promoter " and to ensure that at least 50% of the Board consists of independent directors, the following changes have been made in the Board Composition which are all effective from February 25, 2009. 1) Mr. Steven Inchcoombe has resigned from the Board with effect from February 25, 2009. 2) Mr. Lawrence Jennings has been appointed as an Additional Director and Chairman of the Board of Directors with effect from February 25, 2009. 3) Dr. Annette Thomas has resigned from the Board with effect from February 25, 2009. 4) Mr. Rajiv Beri has resigned from the Board with effect from February 25, 2009. 5) Mr. M J Barnard has resigned from the Board with effect from February 25, 2009....
NSE Announcements on Macmillan
Posted by : MMB MessengerMacmillan India Limited has informed the Exchange that the Board of Directors at its meeting held on February 25, 2009 have decided not to declare any dividend for the year ended December 31, 2008. This is in view of the need to conserve resources in a globally challenging economic scenario and make continued investments to secure future growth. A note on the working result for the year ended December 31, 2009 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 Macmillan
Posted by : vbr_kumar
Hi,
Did anyone get the 69 Rs that they are supposed to pay the shareholders for the delisted stock based on option? I havenot received any until now. Also, has anyone received the stock certificated if you have chosed the option to stay as shareholder in the delisted company. Any information on this would be appreciated.
Regards
Ravi...
BSE Announcements on Macmillan
Posted by : MMB Messenger
Macmillan India Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on February 25, 2009, inter alia, for considering the following business:
1. Audited Accounts for the year ended December 31, 2008.
2. Dividend, if any that may be declared by the Board for the year ended December 31, 2008....
BSE Announcements on Macmillan
Posted by : MMB Messenger
Macmillan India Ltd has informed BSE that the Company has been decided that the Board of Directors of the Company would consider the audited financial results of the Company for the year ended December 31, 2008 within three months from the end of the financial year.
Consequently, there would not be a meeting of the Board of Directors in January 2009 to consider the Unaudited Financial Results for the fourth quarter ending December 31, 2008....
NSE Announcements on Macmillan
Posted by : MMB MessengerMacmillan India Limited has informed the Exchange that the Board of Directors of the Company would consider the audited financial results of the Company for the year ended December 31, 2008 within three months from the end of the financial year. Consequently, there would not be a meeting of the Board of Directors in January 2009 to consider the Un-audited Financial Results for the fourth quarter ending December 31, 2008....
ALLOTMENT OF ADDITION SHARES BY MACMILLAN
Posted by : avijitb
Only option left with Macmilan share holders is to accept Rs.69/- as there is no point of holding shares of unlisted company.
The intention of it`s management is not good otherwise they would have opted for listing of demerged entity shares and carry shareholders along with its growth and prosperity....
