Net 4 India Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on November 09, 2009, inter alia, have approved the following business:
1. Preferential Allotment of Equity Shares to Madison India Capital HC.
2. Alteration in the Articles of Association of the Company.
3. Appointment of Mr. Surya Chadha as Director of the Company.
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What will this mean for the comapny?? If financial investors are coming in at that price does it mean that it will go up from here or that it would go much above the current price
What will this mean for the comapny?? If financial investors are coming in at that price does it mean that it will go up from here or that it would go much above the current price
Its not a short term trading play as the volumes are low, but such investment is obviously very good for the medium and long term. The new Board memeber has impressive background
I think this stock will soar soon, look at results recently, look at sector and strengths and financial investor only endorse that, wetehr its is one week or 3 months dont know but it can be a multibagger
| NIFTY 
