Aftek

BUY BUY BUY AFTEK

Posted by : fds
Price when posted : BSE: Rs 28.90 ( -10.25 % ), NSE: Rs. 28.80 ( -10.70 % )

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and also boarders......

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BUY BUY BUY AFTEK

Posted by : dk_bbs

Not only promoters, investors .. operators... traders... definitely bear certain similarities. Thanks

BUY BUY BUY AFTEK

Posted by : dk_bbs
Price when posted : BSE: Rs 32.20 ( -2.72 % ), NSE: Rs. 32.25 ( -2.71 % )

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Not only promoters, investors .. operators... traders... definitely bear certain similarities. Thanks...

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BUY BUY BUY AFTEK

Posted by : kkraj

Just wondering whether promoters of TD and Aftek are related in some way...

BSE Announcements on Aftek

Posted by : MMB Messenger
Price when posted : [Aftek - BSE:Rs. 32.80 NSE:Rs. 32.90 when posted]

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Aftek Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from October 27, 2008 to October 31, 2008 (both days inclusive) for the purpose of payment of dividend & Annual General Meeting (AGM) of the Company to be held on October 31, 2008....

Mastering Fraud by Aftek Promotors

Posted by : fds
Price when posted : BSE: Rs 33.20 ( 0.30 % ), NSE: Rs. 33.20 ( 0.15 % )

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Its high time we all get together and create a forum
we can not depend on regulatoe or even moneycontrol to adress our issues.Lot of overseas funds have been diverted to promoters group companies.Or else how can Dhuru make so much of investments in his wine business with 400 acres of vineyard. need an through investigation of funds...

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Mastering Fraud by Aftek Promotors

Posted by : Guest

I am also ready to give my proxy.
I think some internet savvy person should start a blog or where the people can post details of their holdings which they are ready to give proxy for to defeat this resolution. We cannot depend on Moneycontrol site for this activity. We should also contact all the share holders holding more then 1% shares to be a part of this movement.
With this very low promoter holding at present, the resolution can be easily defeated.

Mastering Fraud by Aftek Promotors

Posted by : Guest
Price when posted : BSE: Rs 33.15 ( 0.15 % ), NSE: Rs. 33.25 ( 0.30 % )

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I am also ready to give my proxy.
I think some internet savvy person should start a blog or where the people can post details of their holdings which they are ready to give proxy for to defeat this resolution. We cannot depend on Moneycontrol site for this activity. We should also contact all the share holders holding more then 1% shares to be a part of this movement.
With this very low promoter holding at present, the resolution can be easily defeated....

In reply to:

Mastering Fraud by Aftek Promotors

Posted by : jsinga

Aftek raising capital to cheaply increase the stake of promotors by issuing warrant at Rs.32. They are keeping 400 crores in banks without any use. The promotors purposefully reduced the dividend to cheapily increase the stake. Anybody going to the AGM ? I am ready to give proxy to anyone to stop these idiots to incease stake cheapily and raise capital to buy useless Digihome stake. No one interested in Digihome stake.

BUY BUY BUY AFTEK

Posted by : jsinga
Price when posted : BSE: Rs 33.10 ( 1.53 % ), NSE: Rs. 33.15 ( 1.38 % )

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Promoters of TD and Aftek are twin brothers.One settled in Chennai and the other one is settled in Pune. But their fraud network cover entire part of India....

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BUY BUY BUY AFTEK

Posted by : kkraj

Just wondering whether promoters of TD and Aftek are related in some way...

BUY BUY BUY AFTEK

Posted by : kkraj
Price when posted : BSE: Rs 33.10 ( 1.53 % ), NSE: Rs. 33.15 ( 1.38 % )

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Just wondering whether promoters of TD and Aftek are related in some way... ...

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BUY BUY BUY AFTEK

Posted by : vbrtc01

Measly 25 per cent dividend. Promoters want to increase their shareholdings by issue of warrants. Share price likely to be kept suppressed for long period of time. Will investors have necessary patience or dump it. Dont expect investorfriendly actions from the management

Cheers

Mastering Fraud by Aftek Promotors

Posted by : jsinga
Price when posted : BSE: Rs 33.10 ( 1.53 % ), NSE: Rs. 33.15 ( 1.38 % )

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Aftek raising capital to cheaply increase the stake of promotors by issuing warrant at Rs.32. They are keeping 400 crores in banks without any use. The promotors purposefully reduced the dividend to cheapily increase the stake. Anybody going to the AGM ? I am ready to give proxy to anyone to stop these idiots to incease stake cheapily and raise capital to buy useless Digihome stake. No one interested in Digihome stake....

BUY BUY BUY AFTEK

Posted by : vbrtc01
Price when posted : BSE: Rs 33.10 ( 1.53 % ), NSE: Rs. 33.15 ( 1.38 % )

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Measly 25 per cent dividend. Promoters want to increase their shareholdings by issue of warrants. Share price likely to be kept suppressed for long period of time. Will investors have necessary patience or dump it. Dont expect investorfriendly actions from the management

Cheers...

In reply to:

BUY BUY BUY AFTEK

Posted by : Power-M

Lets see tomorrow what we can get from this stock.
Cheers... Power-M

Aftek raising funds

Posted by : guest.
Price when posted : BSE: Rs 33.10 ( 1.53 % ), NSE: Rs. 33.15 ( 1.38 % )

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Aftek raising funds for buying Digihome stake from same promotors . Nobody wants Digihome stake and nows wants to sell it to Aftek and for that purpose they are raising $25 million including warrants @convertion rate of Rs 33 to promotors. Aftek keeping 400 crores in banks....

NSE Announcements on Aftek

Posted by : MMB Messenger
Price when posted : [Aftek - BSE:Rs. 33.35 NSE:Rs. 33.35 when posted]

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Aftek Limited has informed the Exchange that at a meeting of the Board of Directors of the Company held on September 30, 2008 the Board decided to explore the feasibility of business restructuring including de-merger of potential real estate / infrastructure business. It was also decided to seek shareholders approval at the ensuing Annual General Meeting, to the enabling special resolution under Section 81 of the Companies Act, 1956 for raising of resources in international / domestic markets upto USD 25 million through issue of securities including warrants....

NSE Announcements on Aftek

Posted by : MMB Messenger
Price when posted : [Aftek - BSE:Rs. 33.35 NSE:Rs. 33.35 when posted]

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Aftek Limited has informed the Exchange that at a meeting of the Board of Directors held on September 30, 2008 the Board recommended a dividend @ 25% (Twenty five percent) per Equity Shares of Rs.2/- each for declaration by the Shareholders at the ensuing Annual General Meeting of the Company which has been scheduled to be held on October 31, 2008. Further the Company has fixed Book Closure from October 27, 2008 to October 31, 2008 (both days inclusive) for the purpose of Annual General Meeting and payment of dividend for the year ended March 31, 2008, if declared at the AGM to be held on October 31, 2008. Further Company has informed that at a meeting of the Board of Directors of the Company held on September 30, 2008 the Board approved Annual Accounts of the Company for the year ended March 31, 2008. 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)....

BSE Announcements on Aftek

Posted by : MMB Messenger
Price when posted : [Aftek - BSE:Rs. 33.35 NSE:Rs. 33.40 when posted]

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Aftek Ltd has informed BSE that the Board of Directors of the Company at its meeting held on September 30, 2008, inter alia, has decided the following:

1. The Board recommended a dividend @ 25%(Twenty five per cent) per Equity Share of Rs 02/- each for declaration by the Shareholders at the ensuing Annual General Meeting of the Company which has been scheduled to be held on October 31, 2008.

2. The Board also decided to explore the feasibility of business restructuring including, de-merger of potential real estate / infrastructure business.

3. The Board also decided to seek shareholders approval at the ensuing Annual General Meeting, to the enabling special resolution under Section 81 of the Companies Act, 1956 for raising of resources in international / domestic markets upto USD 25 million through issue of securities including warrants....

BUY BUY BUY AFTEK

Posted by : Guest
Price when posted : BSE: Rs 33.30 ( 2.15 % ), NSE: Rs. 33.25 ( 1.68 % )

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I fully agree with you.
The company already has more then Rs 400 Cr in cash which they have not used more then 3 years
The promoters just want to issue warrants to themselves for Rs 100-125 crores at Rs 35 so that their holding goes up substantially at throwaway prices.
All the investors should get together and block the resolution for raising additional money and in fact the existing money should be used for buing back shares to gain investor confidence...

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BUY BUY BUY AFTEK

Posted by : fds

shit
worst promotors group never seen or heard in the corporate history

BUY BUY BUY AFTEK

Posted by : fds
Price when posted : BSE: Rs 32.60 ( -2.83 % ), NSE: Rs. 32.70 ( -2.68 % )

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shit
worst promotors group never seen or heard in the corporate history...

In reply to:

BUY BUY BUY AFTEK

Posted by : Power-M

Lets see tomorrow what we can get from this stock.
Cheers... Power-M