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Regan (Executive Vice President)     05 December 2013

Failed takeover

We had sold our company to a BSE listed firm and at the time of takeover they has valuated our company for 3.9cr and gave us 20L cash and the remaining 3.7cr in shares. after three months they raised their paid up capital and causing our shares to fall by 70% and when asked they said they will issue shares to compensate the same. now they have neither done that... but have terribly handled the show... I wish to get my company back as I am feeling cheated ..... no business and hence shares are falling and we are getting the shares phase by phase over 5 years lockin...... I am desperate for help please suggest how I can demerge the merger



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 1 Replies

Rama chary Rachakonda (Secunderabad/Highcourt practice watsapp no.9989324294 )     05 December 2013

You can give complaint to the registrar of companies and obtain their enquiry report.


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