15th june > @ 17412 > BULLS ENTER
- Thread starter sudoku1
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Re: Sensex TECHNICALS
Who owned Satyam shares sold by IL&FS Trust ........?????????????????????
A day before Mr B. Ramalinga Raju, former Chairman of Satyam Computer Services....... made the revelations about the Rs 7,136-crore financial fraud........... IL&FS Trust informed the stock exchanges that it had sold 2.45 crore Satyam shares between December 23, 2008 & January 5, 2009............
Nearly half of these shares it now transpires were actually in the name of 2 companies Bangar Agro Pvt Ltd & Harangi Agro Farms Pvt Ltd owned by the wives of Mr Ramalinga Raju & Mr B. Rama Raju, former Managing Director of Satyam...............
Though the stock-sale had raised many eyebrows as it coincided with the company taking a severe beating........ IL&FS Trust claimed that it had sold the shares on the specific written instructions of the debenture holders lenders DSP Merrill Lynch, DSP BlackRock, Deutsche Bank, HDFC Mutual Fund & IL&FS Financial Services...........
These institutions were holding the total shares pledged with them by Bangar Agro, Harangi Agro Farms, Amravati Greenfields Pvt Ltd & Naryandri Greenfields Pvt Ltd.............
The 4 borrowing companies pledged Satyam shares as security 2 raise money from the debenture holders....... In order 25 meet margins (if share prices fall steeply & the shares r not able 2 cover the extent of the borrowed money), the debenture holders must have instructed the trust 2 sell the shares.....
While Ms B. Nandini Raju (wife of Mr Ramalinga Raju) was a key promoter of Bangar Agro, Ms B. Radha (wife of Mr Rama Raju) was Founder-Director of Harangi Agro Farms...........
According 2 the registration documents filed with the Ministry of Corporate Affairs......... both the companies were headquartered out of Hyderabad........... Both were set up in a span of six weeks (August-September 2006), with the text of articles of association reading the same.............
While Bangar Agro pledged 86 lakh Satyam shares (sold by IL&FS on December 23, 29 and 30, 2008), Harangi Agro (along with Naryandri Greenfields) pledged 35 lakh shares (sold on January 5 2 days before the revelations made by Mr Ramalinga Raju).............!!!!!!!!!!!!
Who owned Satyam shares sold by IL&FS Trust ........?????????????????????
A day before Mr B. Ramalinga Raju, former Chairman of Satyam Computer Services....... made the revelations about the Rs 7,136-crore financial fraud........... IL&FS Trust informed the stock exchanges that it had sold 2.45 crore Satyam shares between December 23, 2008 & January 5, 2009............
Nearly half of these shares it now transpires were actually in the name of 2 companies Bangar Agro Pvt Ltd & Harangi Agro Farms Pvt Ltd owned by the wives of Mr Ramalinga Raju & Mr B. Rama Raju, former Managing Director of Satyam...............
Though the stock-sale had raised many eyebrows as it coincided with the company taking a severe beating........ IL&FS Trust claimed that it had sold the shares on the specific written instructions of the debenture holders lenders DSP Merrill Lynch, DSP BlackRock, Deutsche Bank, HDFC Mutual Fund & IL&FS Financial Services...........
These institutions were holding the total shares pledged with them by Bangar Agro, Harangi Agro Farms, Amravati Greenfields Pvt Ltd & Naryandri Greenfields Pvt Ltd.............
The 4 borrowing companies pledged Satyam shares as security 2 raise money from the debenture holders....... In order 25 meet margins (if share prices fall steeply & the shares r not able 2 cover the extent of the borrowed money), the debenture holders must have instructed the trust 2 sell the shares.....
While Ms B. Nandini Raju (wife of Mr Ramalinga Raju) was a key promoter of Bangar Agro, Ms B. Radha (wife of Mr Rama Raju) was Founder-Director of Harangi Agro Farms...........
According 2 the registration documents filed with the Ministry of Corporate Affairs......... both the companies were headquartered out of Hyderabad........... Both were set up in a span of six weeks (August-September 2006), with the text of articles of association reading the same.............
While Bangar Agro pledged 86 lakh Satyam shares (sold by IL&FS on December 23, 29 and 30, 2008), Harangi Agro (along with Naryandri Greenfields) pledged 35 lakh shares (sold on January 5 2 days before the revelations made by Mr Ramalinga Raju).............!!!!!!!!!!!!
Re: Sensex TECHNICALS
LAST CLOSE:9330
MED TERM OUTLOOK:
11__
___,-"::::::::"=._,_@___
\______________________/ sails abv 11510 @ close 2MOROW
SHORT TERM OUTLOOK
SAILS abv 9460 @ close 2morow
When u r in light....everything will follow u.But....... when u enter dark,even ur own shadow will not follow u
That is life .....!
19 people went 4 a film 2gether.
some1 asked them........
'Why they came in such a big group of 19'?
They replied:the film was only for above 18!.
LAST CLOSE:9330
MED TERM OUTLOOK:
11__
___,-"::::::::"=._,_@___
\______________________/ sails abv 11510 @ close 2MOROW
SHORT TERM OUTLOOK
SAILS abv 9460 @ close 2morow
When u r in light....everything will follow u.But....... when u enter dark,even ur own shadow will not follow u
That is life .....!
19 people went 4 a film 2gether.
some1 asked them........
'Why they came in such a big group of 19'?
They replied:the film was only for above 18!.
Re: Sensex TECHNICALS
LAST CLOSE:9330
MED TERM OUTLOOK:
11__
___,-"::::::::"=._,_@___
\______________________/ sails abv 11510 @ close 2day
SHORT TERM OUTLOOK>
O BAMA proposes abv 9460 @ close 2day
O SAMA disposes below 9460 2day........
Nobody will ever remember
how U look,
how U speak,
what U did or anything else,
But the only thing
they remember is
How U Made Them Feel....
Love+ship=Titanic.
Dinosar+forest=Jurasicpark
A rnold+Gun=Terminator
You+your smile=The mummy returns
LAST CLOSE:9330
MED TERM OUTLOOK:
11__
___,-"::::::::"=._,_@___
\______________________/ sails abv 11510 @ close 2day
SHORT TERM OUTLOOK>
O BAMA proposes abv 9460 @ close 2day
O SAMA disposes below 9460 2day........
Nobody will ever remember
how U look,
how U speak,
what U did or anything else,
But the only thing
they remember is
How U Made Them Feel....
Love+ship=Titanic.
Dinosar+forest=Jurasicpark
A rnold+Gun=Terminator
You+your smile=The mummy returns
Last edited:
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