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BSE Announcements on Welspun India
Posted by :
MMB MessengerWelspun India Ltd has informed BSE about the financial results for the Quarter & Year ended March 31, 2009....
Corporate Governance
Posted by :
BrainBench
There have been cases where Promoters, Brokers after doing scams and committing fraud are roaming free. There is rigging of Stocks through Broker/Promoter Nexus, Circular Trading, Balance Sheet Manipulation, Merging the listing Company into some other promoter entity where Promoter has more stake etc . Many innocent investors have committed suicides and these white collar crimes are like any Terrorist attacks carried out against the country. We have recently come to know that one Investor Protection & Redressal Forum and one Investors Grievance Forum which is working for the welfare of the Minority Investors and get justice for Minority Shareholders. If any one of you have information about any Manipulation committed by Promoters, Brokers or is not satisfied with the Corporate Governance Norms or has been duped by any Stock Broker or any other entity, you many contact sunil(dot)sharma(at)investorprotection(dot)in. You may visit investorprotection(dot)in web site for more details.
Remember your voice only can help in improving the system and bringing these culprits to books. You have Voting Rights and are one of the owners. Its high time we unite as a country.
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Clouds of Demerger
Posted by :
modimitulIs there any hope left in this script or do I need to exit before demerger?...
BSE Announcements on Welspun India
Posted by : MMB MessengerWelspun India Ltd has informed BSE that the Company has fixed June 26, 2009 as the Record Date for Scheme of Arrangement - for determining the shareholders for issue of shares by Welspun Global Brands Ltd and Welspun Investments Ltd ("Issue of Shares") under the Composite Scheme of Arrangement in the nature of Demerger and transfer of Marketing Division of Welspun India Ltd to Welspun Global Brands Ltd and Investment & Treasury Division to Welspun Investments Ltd and Restructure of Capital of these Companies (the "Scheme"). The Scheme has been sanctioned pursuant to an order passed by the Honble High Court of Judicature at Gujarat, Ahmedabad on May 08, 2009 and made effective from June 12, 2009....
NSE Announcements on Welspun India
Posted by : MMB MessengerWelspun India Limited has informed the Exchange that the company hereby fixes June 26,2009 as the Record Date for determining the shareholders for issue of shares by Welspun Global Brands Limited and Welspun Investments Limited ("Issue of Shares") under the Composite Scheme of Arrangement in the nature of Demerger and transfer of Marketing Division of Welspun India Limited to Welspun Global Brands Limited and Investment & Treasury Division to Welspun Investments Limited and Restructure of Capital of these companies (the "Scheme"). The Scheme has been sanctioned pursuant to an order passed by the Honble High Court of Judicature at Gujarat, Ahmedabad on May 08, 2009 and made effective from June 12, 2009. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...
Clouds of Demerger
Posted by : sandy_27nICE iDEA It can be done....
NSE Announcements on Welspun India
Posted by : MMB MessengerWelspun India Limited has informed the Exchange that with reference to the Honble High Court of Judicature at Gujarat at Ahmedabad (the "Court") Sanctioned the Composite Scheme of Arrangement under Sections 78, 100, 391 to 394 of the Companies Act, 1956 between Welspun India Limited, Welspun Global Brands Limited and Welspun Investments Limited for demerger of Marketing Division and Investment & Treasury Division to Welspun Global Brands Limited and Welspun Investments Limited, respectively and restructure of capital of these Companies (the "Scheme") , pursuant to the Courts order in this regard passed on May 08, 2009 (the "Order"). A copy of the Order has been filed with the Ministry of Corporate Affairs on June 12, 2009 and therefore, the order becomes effective from June 12, 2009....
BSE Announcements on Welspun India
Posted by : MMB MessengerWelspun India Ltd has informed BSE that with reference to the Honble High Court of Judicature at Gujarat at Ahmedabad (the "Court") sanctioned the Composite Scheme of Arrangement under Sections 78, 100, 391 to 394 of the Companies Act, 1956 between Welspun India Ltd, Welspun Global Brands Ltd and Welspun Investments Ltd for demerger of Marketing Division and Investment & Treasury Division to Welspun Global Brands Ltd and Welspun Investments Ltd, respectively and restructure of capital of these Companies (the "scheme") pursuant to the Courts order in this regard passed on May 08, 2009 (the "Order"). A copy of the Order has been filed with the Ministry of Corporate Affairs on June 12, 2009 and therefore, the Order becomes effective from June 12, 2009....
Max to get thru is < 50
Posted by : joyal dsouzaTake care for buying just for quick bucks...
Clouds of Demerger
Posted by : Guest
I own a significant number of stocks as well; and, have observed the same in last year that management does not make continual annoucements about the state of business, targets etc. Even, the the results posted in their website is several quarters old.
Although, I write emails to them from time to time, I am not in India to call and push requests in annual or other meetings. We can collect questions from other shareholders here and send them either through email or better yet if we can ask them directly.
Ideas?
AM...
Clouds of Demerger
Posted by : sandy_27I`ve invested in this company for a long time, but their is no transperency regarding their future plans. The management don`t take pain to inform the concerned investers about their growth plans. If any fellow boarders can put some light on this particular stocks`s future then he`s welcome. What is the next trigger for this stock. Thanx...
NSE Announcements on Welspun India
Posted by : MMB MessengerWelspun India Limited has informed the Exchange that the Company shall take on record and publish audited financial results for the financial year ended March 31, 2009 within 3 months i.e. on or before June 30, 2009 and hence un-audited financial results for the quarter ended March 31, 2009 shall not be published....
Where will go in short term
Posted by : PitchiWhere will go welspun in short term, what is the next level resistance...
NSE Announcements on Welspun India
Posted by : MMB MessengerWelspun India Limited has informed the Exchange that the Board of Directors of the Company in its meeting held on January 31, 2009 has approved appointment of Mr. B.K. Goenka, who was then the Vice Chairman and Managing Director of the Company, as the Chairman and Managing Director of the Company to fill the vacancy arisen in the office of the Chairman due to sad demise of Mr. G.R. Goenka....
BSE Announcements on Welspun India
Posted by : MMB MessengerWelspun India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 31, 2009, has approved appointment of Mr. B K Goenka, who was then the Vice Chairman and Managing Director of the Company, as the Chairman and Managing Director of the Company to fill the vacancy arisen in the office of the Chairman due to sad demise of Mr. G R Goenka....
