Notice from NSE

hi
can you please share excel sheet here
thanks

Pretty disappointed with the shortchanging aspect of the DVR. Without a first hand experience with Tata I always formed an opinion about the group as being fair etc based on Media.

This swap ratio is clearly opportunistic.

Remember all the hoopla in all the news channels and online about the vedanta promoter trying to shortchange with the delisting offer at the covid lows?

Even the unfair pricing of ICICI security delisting is getting some attention.

But the tata motors’ unfair DVR swap goes thru silently without much noise anywhere.

Probably because get few people had it? I made out quite well with DVR (10x) but still fair is fair. If each share is entitled to equal part of the profit then by forcibly swapping DVR with regular with 7:10 is theft of minority shareholders.

Lesson learnt: in Indian market context there is rarely any activism for shareholders rights and to stay away from any novel structures like DVR stocks or other kind.

1. Cash Balance:

• Definition: The cash balance refers to the amount of cash a company, individual, or financial institution has available at a specific point in time. This balance includes the actual money in the bank, on hand, or in easily accessible forms like cash equivalents.

• Usage: The cash balance is used for day-to-day operations, paying bills, and meeting immediate financial obligations. It is a dynamic figure that can change frequently as money is received or spent.

2. Cash Reserves:

• Definition: Cash reserves are funds that a company or individual sets aside specifically for emergencies or unexpected expenses. These reserves are typically kept separate from the general cash balance and are often held in highly liquid, low-risk assets to ensure they are readily available when needed.

• Usage: Cash reserves are used as a safety net, ensuring that an organization or individual can cover unforeseen expenses, such as sudden business downturns, repairs, or other unexpected financial needs. They are part of a broader financial strategy to maintain stability and solvency.

Key Differences:

• Purpose: Cash balance is for regular, immediate use; cash reserves are set aside for emergencies.

• Liquidity: Cash reserves are typically held in very liquid forms to ensure quick access, while cash balance might be in both liquid and slightly less liquid forms depending on immediate needs.

• Management: Cash balance is actively managed to ensure sufficient funds are available for daily operations, while cash reserves are more passively managed, focusing on preservation and security.

I expect the fed rate cuts to be a huge positive to Carysil’s business in USA and Europe over next 3 years. They have already done reasonably well in this recent 2 year headwind period. Plus already has a huge cost advantage being an India based manufacturer.