Infinite Computer Solutions

Client concentration.

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Fact sheet link
http://corporates.bseindia.com/xml-data/corpfiling/AttachLive/0b309680-4b9f-46eb-bfc9-ea8c98a4cee8.pdf

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Q1 results http://www.bseindia.com/xml-data/corpfiling/AttachLive/a880148b-1258-4e9b-be4f-618fa07cf434.pdf

Revenue : 720Cr vs 534Cr yoy
PAT : 27 vs 30Cr yoy
EPS : 8.22 vs 7.73 yoy

Disc : invested

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Per http://www.bseindia.com/xml-data/corpfiling/AttachHis/4b677a97-8f89-4092-b6d8-aea18df756a6.pdf you’re supposed to receive 1 share for every 26 held. I have received them in my icici account but not in my zerodha account, which is quite strange. Have opened a zerodha ticket but no response in the last 3-4 days. Has anyone received the shares in their zerodha account? Or seeing such discrepancies?

Disc: Long since a long time

Hi Shan. I have received the Bonus share of Infinite Computer in my Zerodha Account.

On a different note :Infinite Computer Solutions zooms 20% on voluntary delisting plan
Hope stock will move up further.

Why no update on the delisting proposal…Been a long time

Can any fellow borders share any views on this delisting process. This is the first time I have found my self in this situation and although I only have a couple hundred shares I am not sure whether to sell them or hold them

You need to tender them during tendering period. It is reverse book building process so you can tender at any price above floor price and then based on cut-off price your shares will get delisted and payout will be sent to you. There is no point holding shares of company undergoing delisting since you will not be able to trade them after delisting.

Thank you for your reply Vivek.

Do I need to fill in the forms or just sell them on the exchange.

Thanks once again

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I filled out the tender form. Thanks