Dear Brainchild Please make your message clear. Sunil Mittal is not going to give minority shareholders their due. He is one of the richest person because of this only. I think the maatter must be taken on some National Forum like SEBI , or Finance Minister directly. However please keep in touch .
First we should fight for dividend, and all of us must join to file a complaint in SEBI about the unethecal efforts by Mr. Sunil Mittal to acquire the shares from the minority shareholders at throw away price.
SEBI will never touch the issue. Substantial acquisition and delisting is done under the rule of this land. Only the Ministry can step in and do something to pay the minority share holders in ratio to the asset of the Company and not by any other methods beneficial to the promoters.
When the shares of the Company is substantially acquired and the minority share holders have not rights or benefits of the Company, the Company itself should have no right to remain as a Public Limited Company - It is a private company then by all means.
Let them command some respect in the stock market by way of doing justice here for minority share holders and then seen how their other listed arms would perform. This share would have become an infy, had it not been delisted.
Apropose, i quote Mukesh Ambani on RIL bonus issue
"Bonus part of tradition to reward shareholders"
No wonder whatever they (RIL) touch turns out to be gold.
| NIFTY 
