Categories
Exchange Filings

A Tale of 2 CFO resignations

Hat Tip: RP

Interesting to see that 2 CFOs belonging to companies of the same Chiripal Group have resigned

CFO # 1: Nandan Denim Ltd

CFO # 2: Vishal Fabrics Ltd

Categories
Exchange Filings

Dredging: Retirement Home

Source: Exchange Release of Dredging Corporation of India Ltd

Categories
Exchange Filings

Man Industries: Silent Violation

Hat Tip: BK

Yesterday, Man Industries Ltd came out with a routine exchange filing.

However, from the Co’s own exchange disclosures, it appears that the Promoters were buying from the market during the silent period.

Categories
Exchange Filings

HDFC Bank: ESOPs Sahi Hain

Source: Exchange Disclosures of HDFC Bank Ltd

Interesting to see the top 5 employees of HDFC Bank in terms of shareholding

Categories
Exchange Filings

The strange case of Man Industries

Yesterday, post-market hours, there was a shocking exchange release for Man Industries.

Some strange aspects of this exchange release:

–The SEBI letter is marked 22 Nov, 2021. Yet, this is becoming public only now

– The SEBI letter is not marked to the Stock Exchanges. This is a glaring omission.

-The Exchange Release does not have any covering letter from the Company Secretary.This means that the Exchanges released this communique as soon as they became aware of it

So basically to conclude, neither SEBI nor the Co bothered to timely inform the shareholders of such a material event.