Financial shenanigans / redflag
Company Name Seacoast Shipping Services Ltd
Company in letter 18/11/2023 anounce that
we wish to inform you that the Company is planning to buy back the equity of the company at Rs. 7/share. To discuss this proposal, the management shall meet soon.
Promoter holding down from 74% to 28%.
screener note – [Disposal of 79,000,000 equity shares worth Rs 790.00 lacs by promoter & director]
yesterday there was no seller, stock locked in upper circuit. How’s possible?!?
Public Share holder increased from 1038 to 81000 and 26% to 72%
Cashflow is negative or 0 since 2014 onwards
Khelo India khelo – No investment and no plan for the same. No way connected with company or promoter, just keeping eye what will unfold next.
| Subscribe To Our Free Newsletter |
