Category: Observations

Amusing to see that Godrej Properties can borrow at a lower rate than a Bank.

Source: Investor Presentation of Godrej Properties

Source: Jana Small Finance Bank

Another example of a Company filing critical and mandatory information with one Stock Exchange but not another.

Infibeam’s shareholding patterns with NSE are up to date as can be seen below:

But the shareholding patterns are not up to date in BSE !!

I study the Shareholding Patterns very closely for my Investor Wisdom Newsletter.

So you keep finding instances where some details are reported to BSE and not to NSE and vice-versa.

Take for instance, Balaji Telefilms shareholding pattern filing for BSE.

Reliance Industries and AADI are prominent investors in the Company…collectively owning more than 28% of the Company.

This key information is missing from their NSE Exchange Filings.

One thing that irritates me the most is when Companies which are traded on both NSE and BSE report critical information to one Stock Exchange but not another.

Multi Commodity Exchange of India Ltd is traded on both NSE and BSE.

On BSE, the shareholding patterns of MCX are upto date as can be seen below:

However on NSE, the share holding patterns of MCX was last updated one year back on 30 June, 2017 !!

This is a clear violation of listing guidelines…sloppy on the part of NSE as well.