Published at NSE on 05.11.2009 The Company has informed the Exchange that "30,00,000 Equity Shares of Re.1/- each of the Company held by its promoter namely Tutis Technologies Limited have been pledged in favour of IFCI Limited on 29.10.2009 and an intimation with regard to the said transaction has been duly received by the Company from Tutis Technologies Limited (the Promoter-Pledgor) on 31st October 2009 in the manner prescribed in the regulations". ...

Agreed....

IT TOUCHED 73.90 TODAY ITSELF STILL LONG DAY TO GO...

Dear Mr Winninginvestor... based on your recommendation i bought 15000 shares for immediate gains and held to this time...it is03.22 PM no gains...n u hv further said ...

Your immediate term stands for 1 day / 1 week / 1 month or 1 year? ...

A shareholder of Reliance Industries has moved the Supreme Court seeking compensation of around Rs 20 lakh from the company for failing to transfer in her name 25 shares she had bought in 1994. In her appeal before the Supreme Court, Neera Maheshwari, has sought damages from RIL and Hyderabad-based brokerage firm Karvi Consultants at the rate of Rs 500 per day with 18 per cent interest between November 1994 and February 2003 claiming she suffered huge loss due to non-availability of share certificates. The matter reached the apex court in 2006 after her appeal was dismissed by the National Consumer Dispute Redressal Commission on the grounds that a consumer court did not have power to award compensation for such cases. A Bench headed by Chief Justice K G Balakrishnan has asked parties to file counter affidavits and posted the matter for hearing in January next year. Maheshwari`s appeal was dismissed in February 2008 for non-appearance but was restored by the court earlier this year. However, RIL has submitted that the complaintant held 100 shares in the erstwhile Reliance Polyethylene Ltd (RPL) which was merged with the parent company in 1995. Consequently, 100 RPL shares were converted into 25 RIL scrips and the certificates were allotted to the complainant in 1995 itself, RIL said. However, the company said that the amount was not credited and the conversion of shares of the complainant was kept in abeyance due to non-confirmation of Stock Invest Application. Besides, RIL said that Maheshwari`s grievance had been redressed and claimed that the complaint was devoid of merit and liable to be dismissed with costs. It stated that Section 10 of the Companies Act prohibited filing of the case against a company in any court other than the court within local jurisdiction of the registered office of the company. Maheshwari had moved the district forum seeking damages and Rs 30,000 towards cost of litigation from RIL for failing to get share certificates, bonus certificates and dividend within the prescribed period of three months as required under Section 53 of the Companies Act. While the district forum refused relief to Maheshwari, the state consumer forum penalised RIL by directing it to pay Rs 500 per day for not transferring the shares within the statutory period and held its guilty of deficiency in service....

Do you have any good investment scripe.I want to invest some money for getting good return for short or long term. please suggest me scripe. Thanks & Regards dinesh sharma mobile no 9811405676 new delhi...

it depends on the quantum of loss you would be making and the value wht is left. if not much value is left why to sell???? assuming that if it is 100
% loss also how much will you loose from here onwards??? i have uses the same logic and kept it as dead investment as the amount which i will unlock by selling is not much though the amount invested was very high... at wht price did you enter and how much shares......

even if it acheieves 65 after 10 years i think its a investment.... return would be around 400% say 40% a year ......... not bad ha ha ha ha ...

IT TOUCHED 73.90 TODAY ITSELF STILL LONG DAY TO GO...

1 week......... sorry for confusing...

buy for immediate target of 75......... pls do not ask details...

cmp ...

i am in complete agreement with you hope even the directors of the company wunderstand this...