dd1474
September 1, 2018, 1:13am
133
I would suggest you can try to work on the company if interested and write on a Binani Industries thread on enclosed link. This thread let us try to keep on IBC only.
The floor price has been announced at Rs. 82 the market price is Rs. 84 speculated de listing price is Rs. 120 (see SP Tulsian’s analysis on the parent Binani Industries
most of the floating stock seems to with a few entities (one would speculate that they are promoter linked) and hence de listing should be successful
promoters hold close to 70% in the company
both the non promoter shareholders who hold around 25% in the company have voted in favorof delisting
Delisting may not happen only t…
