Category: Observations

Source: ET

1st Cheer:

2nd Cheer:

All listed companies are supposed to file their shareholding within 21 days of their Quarter ending.

Nestle Ltd filed its shareholding pattern with Bombay Stock Exchange on 17 Oct, 2018 as shown below:

However, this blue chip multinational has not bothered to file it on NSE where 95% of its trading volumes take place :

Romesh Sobti:

Pakistani Politician:

Source: Exchange Filings of IIFL Holdings Ltd

IIFL Wealth’s acquisition of a Chennai Based Co seems to be at absurd valuations.

Unlikely, the money will come back to IIFL shareholders !