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Exchange Filings

J&K Bank : Future Profit > Current Market Cap?

Hat Tip: J Kalra

Source: Exchange Filings of Jammu & Kashmir Bank Ltd

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Exchange Filings

Hubtown : How to lose 23 Cr in 10 Days

Hat Tip: R Joseph

On 14th Nov, 2018 at 13:02 pm, Hubtown Ltd announced to the Exchanges that it had acquired 51% of a company called eCommerce Magnum Solution Ltd for a consideration of 48.19 Crores

Interestingly, this Company has Zero Revenues.

A mere two hours later, on 14 Nov, 2018 at 15:13 pm, Hubtown Ltd announced to the Exchanges that it had sold all the shares so acquired for 25 Crores , thus incurring a loss of around 23 Crores in ten days.

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Exchange Filings

What’s happening at Vadilal Industries?

Source: Exchange Filings of Vadilal IndustriesĀ Ltd

On 29 Nov, 2018

On 24 Dec, 2018

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Exchange Filings

Sharda Cropchem : Can’t wait to get out

Resignation is unusual for its very short notice period.

Source: Exchange Filings of Sharda Cropchem Ltd

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Exchange Filings

Kotak Bank Creates History

Probably the first time, a Bank has taken its regulator to Court.

Source: Exchange Filings of Kotak Mahindra Bank