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@diana horton , so u believe that LoC is already there and this warrant was only to capture the more holdings through proxies at cheap price?
As results are declared, i feel management will keep on continuing to suppress the price as they(or their relatives) can now officially/legally purchase from open market

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Seems management is in shock because their delaying tactics didn’t worked in court this time and they are not ready for that. Let’s see what will be happen on Monday. I feel,this management will not change its attitude untill being complaint made with proof in sebi.
Axis Bank did great job,dragged them to court and didn’t listen to their sweet talks. It high time that we retailer should also be get united and file complain in sebi about management acts instead of giving more time( even from results it is evident that whatever they say in concall,that is only sweet talk).

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@logan , i am follower and admirer of your posts.

You had mentioned everytime that if materlistic development ..but this IF is so big which is not letting BCG to rise. Everyone get fed up of his delaying tactics that there is no point in current scenario to think what BCG is doing in business bcoz now that is immaterial if BCG business grow by 10X but price manipulation keep the prices in single digit.

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@rathi_b, thanks to and your team for visiting hyd office.
As far as I remember,after meeting u r convinced about LoC and other approvals will be done by Xmas or at max in Jan first week. Now u r saying that at max by April end, is there any specific reason in change of view wrt to time extension for approval.

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@odysee, going by probability..high chances are that the super hero will play some dirty tricks again. So I support @diana Horton comments because it is very necessary and need of hour to show management that retailers are aware of their deeds and they will not be silent this time they don’t stop all these this time.

We all retailers wants real discovery of prices,not this articificial prices suppression and greed of management.

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heard that next date provided is 15th feb, can someone re confirm?

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@DH, I think better to expose them partially (precaution is ALWAYS better than cure) so that they didn’t take retailers for granted this time and rewards retailers which they deserve.

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@Diana Horton, i agree completely with you. If they even think of playing any dirty game(like to ditch all these 59 entities too by keeping price around 7 or below for next 18 months etc) further to keep price suppressed , we need to expose their dirty game in public.

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@rathi_b strange behaviour by mgt, no concall too has been announced yet.

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@JRS if that will the case, i dnt think many retailers will wait(and suffering) for that long . If his clear price suppression(which many believe ) keep on continuing ever after PW allotment, that will be final nail in coffin. I hope management should take a note and improve its corporate governance and star thinking about long term investors at least from now on(else ready to face many more complain this time as now no one is ready to wait indefinite for improvement ).

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still manipulation going on to keep price below warrant price i.e 7.7. This might go on till PW approved.

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@jay69 i do not think there can be any written deal of such kind is possible. Then it will be sure shot case of written manipulation and they will be in trouble. Oral deal can be possible but not written.

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i agree with @buffet.

@rathi_b you guys had seen the doc, whether LoC is applied on name of parent company or any subsidiary ?

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i too got dividedn(after deducting 7.5% TDS)

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@odysee and @diana .. can he play another game and ditch these all these 59 entities and muskaan specially as well in next phase as it already did with old investors like oak, gonekas etc.?? kisi ka ni hua ye to inka(59 new warrant allote ) hoga ye??

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@Diana Horton , now the hand who feeds had almost got what is wants to since long. So, what do you think now.. what could be theirs new move ..are they done now and will leave share price to react as per shareholders desire(i mean like normal shares which inc/dec as per results etc. i.e no manipulation) or still they have another game in mind??

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I agree with @sobha ,why they are not updating through exchanges to all ? there must be happening something(good or bad.. only god and SKR knows) behind the doors by promoters . but never seen such a low corporate governance in any company. they need to improve a lot in corporate governance if they have to gain confidence of big GENEUINE(hope u had seen comment made by rk bansal) investors.

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@rpm87 i think this policy is for those holders to whom dividend has not able to process/credited. here, not a single shareholders had received any yet.

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Today heard from few investors that, now aarthi consultant is saying that they had not received fund from management to distribute for dividend . is this true?

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Heard that aarthi consultant had confirmed dividend to be get credited at max by 2nd feb. Can someone confirm this ?

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