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Mah Scooters

Bronze Member

296 Messages

it`s a matter of ROFR Between Bajaj auto and wmdc. matter started in 2003 . arbitrary judgement given in 2006. challenged by wmdc in high court. singe judge gave verdict in favour of wmdc in 2010. challenged by bajaj auto in high court bench, that gave verdict in favour of bajaj auto in may2015. challenged by wmdc in Supreme court by filing SLP in 2015 and SC gave final verdict on this 9th January. never persuaded by wmdc in any court vigorously and with attention required. so wmdc failed to get full value of its holdings in MSL. by the way, current actual valuation of MSL is 9200/- plus per share

11.44 PM Jan 13th
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