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HomeResearchBharat Nidhi Buyback of Shares[ Exit Opportunity] - 17.06.2019
Research17 Jun 2019

Bharat Nidhi Buyback of Shares[ Exit Opportunity] - 17.06.2019

Bharat Nidhi Buyback of Shares[ Exit Opportunity] - 17.06.2019

Bharat Nidhi is doing a buyback in line with SEBI regulation while delisting its shares from Kolkata Stock Exchange and shifting to dissemination board. To read more about dissemination board please click the link. The company is offering an exit price of Rs.11,129 for the maximum number of 21,791 Shares. We feel the valuation of Rs.11,129 per share is not fair considering they have a huge investment asset in books. The investors who want to participate in buyback can apply and exit from the company. A) Necessity of Buyback B) Detail of Buyback For any query regarding buyback please drop a message in the comment box.

Bharat Nidhi is doing a buyback in line with SEBI regulation while delisting its shares from Kolkata Stock Exchange and shifting to dissemination board. To read more about dissemination board please click the link. The company is offering an exit price of Rs.11,129 for the maximum number of 21,791 Shares. We feel the valuation of Rs.11,129 per share is not fair considering they have a huge investment asset in books. The investors who want to participate in buyback can apply and exit from the company. A) Necessity of Buyback B) Detail of Buyback For any query regarding buyback please drop a message in the comment box.
Disclaimer: This article is for informational purposes only and is not investment advice, nor an offer to buy or sell any security. Unlisted share prices are indicative. Please do your own research or consult a SEBI-registered advisor before investing.
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