Since the company is not engaged in any business activity, there is no sales and plenty of operating and net losses. Strangely, the management announced a share buyback of Rs30 per share in January 2016, not exceeding seven lakh shares, representing 23.34% of the fully paid-up equity capital. There has been no announcement regarding any project after the buy back.
Inside story of the National Stock Exchange’s amazing success, leading to hubris, regulatory capture and algo scam
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