The funds raised by the Company from GDR issue during F.Y 2007-08 were kept in fixed deposit account with Banco Efisa, Lisbon, Portugal, as the said amount was to be deployed in terms of INFORMATION MEMORANDUM of the GDR issue. During the F.Y. 2008-09, Banco Efisa, the Bank in Portugal, wrongly
5.03 PM Dec 3rd
funds raised by the company in the gdr issue 2007.08 were kept in fd with banco efisa lisbon . in 2008.09 there was a wrong debit by the bank for usd 8883210..75 of balance lying in the account. civil action filed in prtugese court as per portugese advocated claim the chances of recovery are very
11.31 AM Oct 27th
Issuing GDR and buying the same in xyz name and dumping the GDR shares in the market the very next day of the issue(GDR issued when the share price was Rs. 13 and offloaded the GDR shares when the price was in bewteen 13 and 10) to bring down the share prices to Rs. 3 and collecting the shares
11.49 AM Oct 10th
Lonkar and others are solving all the problems one by one. They added some new productions also. So once the GDR issue is over, it will fly. This time the results may be better.
2.03 PM Oct 6th
If you say this is profit making company and one of assets itself worth its market cap, then why it is trading below Rs.4 for a month and fallen from 700 to 3.30? As you only said, it is a big scam company and GDR issue is a big legitimate scam. That is stock price was beaten down such heavily.
12.54 PM Feb 7th 2013
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