There appears to be something fishy in this script. Only 11.4 percent shares are for general public while the Promoters are holding less in comparision to Persons acting in concert. Further around 4 percent of the total shares are being held by Mutual Funds and Banks. Recent development revealed that around 9 crores equity shares (one rupee each) were alloted to Promoters including joint ventures partners against the funds provided by them to rehabilitate the company. The company has also not showing any losses. Where is the all money going.? It seems that the Company is established to tackle with the Black Money!!!!
Comments and guidance are most required and welcomed.
Adultvish
Comments and guidance are most required and welcomed.
Adultvish