All,
Quick question…
Has everyone who had opted for DVR swap (not sold in market) received email confirmation of swap and shares credited to demat?
Just that I haven’t – i am still awaiting email confirmation and new shares in demat
All,
Quick question…
Has everyone who had opted for DVR swap (not sold in market) received email confirmation of swap and shares credited to demat?
Just that I haven’t – i am still awaiting email confirmation and new shares in demat
management is uncertain about
So my take away is any change in government will have major impact!! and we are already seeing stock in sideways waiting for some updates regarding ajmeer project or major deal win!!
Disclosure: Invested at bottom levels and will hold. Its very subjective opinion and open to criticism !!
This simply means 1000 crores of revenue they can generate.
2 cr per MW thats huge!!
Net swap was put at 68.1% to pay for TDS – a tax incidence created on retail investors by swap scheme (technically this swap was designed as liquidation)
Useful article on the recent update of the Wealth Management Industry in India
(post deleted by author)
This article may help answer – IPL revenue: IPL franchises’ revenue more than double, BCCI surplus jumps to Rs 5,120 cr | IPL 2024 News – Business Standard
“In FY24, RPSG Sports, which owns the Lucknow Super Giants, posted a net profit of Rs 59 crore, reversing the previous year’s net loss of Rs 243 crore. The company’s revenue nearly tripled, reaching Rs 695 crore.”
The biggest con was taxation on deemed dividend of 200 or so. For 35% bracket, effectively means I am paying 70 bucks for each on conversion from DVR to normal. That brings conversion ratio to 60%…
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