Category: Observations

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 !

Iris Business Services has an app called Peridot which lets the user track the GST filings of companies.

Can be useful to check for red flags for companies, especially SME ones.

Below is a screenshot for Women’s Next Loungeries Ltd….they don’t seem to have filed their GST returns since March 2018.