According to the latest shareholding pattern of Relaxo footwear, (difference between Jun-15 & Sept-15)
VLS Finance Ltd has sold its share of entire 6.71% share.
Now “Globe Capital Market Ltd” holds a 6.71% share in Relaxo Footwear.
Not sure of Globe Capital Market Ltd is one of the following companies
http://www.bseindia.com/stock-share-price/global-capital-markets-ltd/globalca/530263/ Market Cap of just 15 Crs with 5% promoter holding
OR is it the one listed on Delhi Stock Exchange
http://dseindia.org.in/list_of_companies.pdf
Also, Globe Capital Market Ltd is also the company to which VLS Capital Ltd (promoter of VLS Finance) had pledged 10% of VLS Finance shares for “issuing NCDs”
Does this development would mean an extraordinary gain of approx Rs 400 Crs to VLS Finance Ltd in this quarter?
Any comments by the members of the forum?
Any feedback from people who attended the Annual General Meeting
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