You may be right. Most probably you are. The market will set the price of a stock, be it Reliance Retail or Tata Technologies.
My argument is that it is not fair for the promoters to set a price for the share, and instead of making an offer at that price, simply take away my shares.
They are offering ₹1362. May be if I keep it, I may have to later sell it for ₹700. I will feel silly. But I will not feel robbed.
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