What happened to Birla Power share?
India’s leading bourse National Stock Exchange (NSE) will suspend trading in shares of ten companies including Birla Power Solutions, Asian Electronics and Edserv Softsystems for not complying with various provisions of the listing pact.
Is Birla Power delisted?
Birla Power Solutions Limitedxchange Board of India (Delisting of Equity Shares) Regulations, 2009, Section 21A of the Securities Contract (Regulations) Act, 1956, Securities Contract (Regulations) Rules, 1957 and Bye Laws & Regulations of National Stock Exchange of India Limited, it has been decided to delist ( …
What is the share price of Birla Power?
Stock Summary
| Prev.Close(Rs.) | 0.09 |
|---|---|
| Today’s Open (Rs.) | 0.07 |
| Trade Value | 909145 |
| Volume | 12093629 |
| Dividend yield (%) | 0.00 |
What does Yash Birla do?
Yash Birla Group
| Type | Public company (BSE: 500335) |
|---|---|
| Key people | Yashovardhan Birla (Chairman) |
| Products | Steel, Information technology, Education, Textiles, Publication, Lifestyle, Travel & Power, Financial service, Infrastructure, |
| Revenue | ₹30 billion (US$400 million) |
| Number of employees | 3,363 (2010) |
How do you sell delisted shares?
If a company is delisted, you are still a shareholder, to the extent of number of shares held. And yet, you cannot sell those shares on any exchange. However, you can sell it on the over-the-counter market. This means you can look for a buyer outside the stock exchange.
Is Yash Birla rich?
Its chairman Yashovardhan Birla, is a member of the Birla family….Yash Birla Group.
| Type | Public company (BSE: 500335) |
|---|---|
| Revenue | ₹30 billion (US$400 million) |
| Number of employees | 3,363 (2010) |
| Subsidiaries | Melstar Information Technologies, Birla Shloka Edutech |
| Website | yashbirlagroup.com |
Who are Birla by caste?
The Birla family origins lie with the Maheshwari caste of Vaishya traders but they were outcast from their traditional community in 1922 when one of their member, Rameshwar Das Birla, was thought to have broken the caste marriage rules. They are Marwari and by convention merchants from Rajasthan are termed Marwari.
Do I lose my money if a stock is delisted?
When a company delists, investors still own their shares. However, they’ll no longer be able to sell them on the exchange. If the company is forced to delist, it often spells bankruptcy or causes investors to lose confidence.
What are the benefits of delisting?
Simply put, there are no benefits of delisting from a stock exchange. There are certain regulations and compliances that a listed company has to follow. This includes compulsorily publishing its financial statements and quarterly reports and conducting AGM every year within a time period.
What is the net worth of Aditya Birla?
According to Forbes, he has an estimated net worth of US $16.7 billion, as of October 2021….
| Kumar Mangalam Birla | |
|---|---|
| Title | Chairman, Aditya Birla Group |
| Spouse(s) | Neerja Birla ( m. 1989) |
| Children | 3, including Ananya Birla and Aryaman Birla |
What is the net worth of Kumar Mangalam Birla?
17.1 billion USD (2021)
Kumar Mangalam Birla/Net worth
Who is the richest Birla?
According to Forbes, he has an estimated net worth of US $16.7 billion, as of October 2021….
| Kumar Mangalam Birla | |
|---|---|
| Title | Chairman, Aditya Birla Group |
| Spouse(s) | Neerja Birla ( m. 1989) |
| Children | 3, including Ananya Birla and Aryaman Birla |
| Parent(s) | Aditya Vikram Birla |