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Exchange Filings

NetRipples: Naam Mein Kya Rakha Hain

Hat Tip: Vaidoorya

Source: Exchange Filings of Netripples Software Ltd

Amusing to see that the Company can’t get it’s own name right.

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Exchange Filings

Olectra Greentech : Only One Share

Amusing to see that only one share was tendered in the open offer for Olectra Greentech. Probably that one share was tendered to save the offer from legal blushes.

Source: Exchange Filings of Olectra Greentech Ltd

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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.

Categories
Exchange Filings

What’s happening at Vadilal Industries?

Source: Exchange Filings of Vadilal Industries Ltd

On 29 Nov, 2018

On 24 Dec, 2018