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RajRegistered Boarder
Bcg moved to Z group category for non compliance.. what does this mean now?
1+RajRegistered BoarderBrightcom is at no. 4 in the video seller trust index published by pixelate.
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5+RajRegistered BoarderSebi, skr are all involved to screw up investors. Even the new mgmt team are chamchas of skr. So much of noise from retailers doesn’t even bother the officials. Looks like everyone has given up. Investors who bought above 60 are the ones to get affected the most. Only time will tell where this ends. Another movie can be made titled “SKR-IITian Brightcom scam”.
RajRegistered BoarderRajRegistered BoarderA new Writ Petition filed in Telangana High Court this time by Brightcom Group Ltd.
6+RajRegistered BoarderWhat’s Vijay kamcharla doing there? He’s also a tech guy.. strange.. Are they any chances of takeover like satyam?
RajRegistered BoarderBcg is out of asm stage. What’s next ? Strange things happening. Complete control of operators group..
6+RajRegistered BoarderHope the clouds are clearing..
4+RajRegistered BoarderNever ever in my life thought that an IITian from Kharagpur will involve in such fraudulent activity of his own company and duping innocent investors by his sugar coated words. What a shame. Lets hope & pray to see some positive developments in the company soon.. cheers.
RajRegistered Boarder*Important Case Study: DSQ Software Ltd vs BCG πππ Shareholder Alert!*
https://www.sebi.gov.in/sebi_data/docfiles/11808_t.html
In a significant turn of events, the promoter of DSQ Software Ltd, Dinesh Dalmia, was found to have fraudulently issued preferential warrants, which were later exposed by SEBI. These warrants led to the sale of numerous shares in the open market. Following investigations, SEBI has issued an order for Dinesh Dalmia and associates to buy back the sold shares and return them to the company’s account.
*Verdict Order:* “Shri Dinesh Dalmia and DSQ Software Ltd shall deposit a sum of Rs.630 crore (being the value of 1.30 crore shares calculated by taking into account the average price of the scrip in the relevant settlement) within a period of 45 days in a separate escrow account to be maintained with a nationalized bank, till completion of investigation by various Police agencies including The Calcutta Police and Central Bureau of Investigation.”
This move caused a remarkable rebound in the share price, which had initially plummeted from 2000+ levels to as low as 150. The shares eventually surged back to 1000+ levels due to the buyback. It’s important to note that over 90+ crore shares were allotted as preferential warrants in the last two rounds of 33.14 crore and 14.5 crore, along with bonuses. Even considering around 55% of this total, a significant number of BCG shares were sold in the open market.
This case underscores the potential game-changing impact of SEBI’s buyback order. Investors are urged to consider coming together united to explore legal options and seek justice. If this action has already been taken in the case of DSQ Software Ltd, there’s a high likelihood that similar precedent could apply to BCG shareholders. Legal judgments often refer to earlier cases, and SEBI’s existing rules and regulations support the notion of a just judgment for retail/public shareholders who have been wronged by promoter groups.
Stay informed and vigilant! Your investments matter. Share this on twitter for maximum reach with these hashtags and add others if you feel appropriate #ShareholderJustice #DSQSoftwareCase #Brightcom #SEBI @SEBI_India @NSEIndia @BSEIndia @PMOIndia @nsitharaman @dir_ed @ZeeBusiness @NDTVProfit @CNBCTV18News @AnilSinghvi_ @SunilSanghai
RajRegistered BoarderHi, Another reason for the public to panic is they sold their existing shares anticipating bonus shares to credited. Long term investors don’t see any reason for sure. Most of the guys creating ruckus to accumulate at lower levels
May be the management is also involved to accumulate. Hope this drama should end by this month end. It’s just matter of time. Stay put.2+RajRegistered BoarderRajRegistered BoarderRajRegistered BoarderRajRegistered BoarderRajRegistered BoarderFriends, try to analyse vikas lifecare..its good one to invest at cmp. They are into ethanol mfg..
2+RajRegistered BoarderMy dear friend Logan, where are you? Its time to celebrate the victory.. You were fighting like a gladiator with all the naysayers. Please pen down your thoughts on the current developments of the company. You were a boon to all our investor community. Now please don’t disappear like an angel π… Looking forward… Regards.. π
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