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Anonymous
27 October 2010 at 21:37

De-Listing of Shares

I hold shares in both Nirma as well as Binani Cement(apart from shares in other Companies ).I don't require the funds parked in these Companies for a Long Time .
Recently I have received Notice from both these Companies that they are going to ask consent of the Members for the DELISTING of shares of these Companies from the Exchanges . Nirma may put an offer for Buy-Back of Shares from Public at Rs. 235/ per share . Not clear about Binani Cement .
What should this step be perceived as ? In case these Companies get the necessary approvals from the Shareholders & go ahead with the De-listing , what should I be doing as a ShareHolder ? Should I sell these shares in the Secondary Market (Or sell in the Buyback offer in case of Nirma) ?
Currently , Nirma is quoting at Rs. 231 (My purchase - Rs.156) & Binani at 91 (My Purchase - Rs. 59)



Anonymous
25 October 2010 at 16:47

stamp duty

Can someone tell me what is the prevailing stamp duty on share certificates in Uttar Pradesh.


Komal Gandhi
21 October 2010 at 13:06

SBI Bond Issue for Long Term?

I would want to know about Bond market in India,,,these bonds are listed so chances of price fluctuations? Interest on above bonds /cumulative or we can get it annually??? Capital Gain possible in case of such listed bonds as a retail investor??? ( Issue closes on 25th oct )



Anonymous
15 October 2010 at 21:53

ncfm

what is scope of NCFM exam


Jignesh Desai
14 October 2010 at 13:25

More Than One Dmat Accounts

Is it legal for a person to have two DMat Accounts on the same name . What if both these accounts are with different Depositories ? For e.g. , he has one account with Allahabad Bank which is a Depository Participant with CDSL & another account with Bank of Baroda which is a Depository Participant with NSDL .What is the penalty if this is illegal ?


thefuntom
12 October 2010 at 18:00

Charges, STT and Capital Gains

Dear Sir/ Madam,

I have a trading account with ICICIDIRECT and the charges apart from the brokerage are STT, Transaction and SEBI Turnover charges, as well as stamp duty.

Would these charges be levied for both a purchase as well as a sale transaction? What are the applicable rates vis-a-vis charges applied by ICICIDirect
STT - 0.125% of turnover
SEBI Charges - .0001% of turnover
Trx charges - .0031% for NSE of turnover
- .0035% for BSE of turnover
Stamp Duty - .01% of turnover

How are capital gains taxed now?Can someone explain in layman's terms, and how does STT feature in this?


Mehul B. Maniar
11 October 2010 at 11:26

urgent

1) My frnd hd purchase 100 RPL Share @ 173 in feb 2008 in my account . (2) Nw RPL is merged wid RIL . (3) RIL Issued Bonus share if i hv 2 purchase dat 100 RPL SHARE , WHAT IS D PURCHASE PRICE 2 ME ?


N.V.Patel
09 October 2010 at 17:24

Mutual fund

Can Anybody explain me what is mutual fund and how to invest in that ?
how it works ?



Anonymous
09 October 2010 at 13:28

Term meaning

Hi

Kindly provide the meaning of the Term 'Multibagger' used in Investment of shares and stocks .

Thks


Somasekharan C
08 October 2010 at 15:10

Sub-Division of Equity Shares

Dear Sir

Some of the companies are sub-dividing their equity shares of higher value into smaller value. Please let me know for what purpose they are doing so and what is the benefit. (e.g. The South Indian Bank Ltd issued Equity shares of a face value of Rs. 10.00. Now they divided it into a face value of Rs.1.00)






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