July 31, 2009
Principal J. Kackaria of Hans Raj Mahila Mahavidyalaya ( HMV College ) Jalandhar is the happiest person after results have been declared by Guru Nanak Dev University. Majority of toppers are from HMV College.
BA Part I
Reena- First in University
Heena Bhasin- Second in Univ
Mehak Narang- Third in Univ
BA Part II
Kamaljit Kaur- First in Univ
Renu Soni- Second in Univ
BSc. Part II ( Non Medical )
Shikha- First in Univ
Taranpreet - Third in Univ
BSc. ( Economics ) Part II
Mamta- First in Univ
Heena Kochhar- Second in Univ
Simmi- Third in Univ
HMV College Jalandhar has become " Toppers' College "
October 30, 2011
July 30, 2009
If any one has House Tax dues he should pay up at the earliest.
Municipal Corporation has taken pro active steps to recover its dues.
July 29, 2009
Guru Nanak Dev University ( GNDU )'s BA / B.Sc Part II results would be uploaded to the University 's official website after 5 pm
July 28, 2009
Arun Jain a young and dynamic leader hailing from Urban Estate, Phase One, Jalandhar has been appointed Secretary Punjab Congress .
Well wishers and friends of Arun Jain congratulated him on receiving this honour.
Results of BA / BSc. Part I of Guru Nanak Dev University would be declared today .
These would be available , after 5 PM , on the odfficial website of Guru Nanak Dev University :
July 27, 2009
Teej was celebrated by JCI Jalandhar at Wonderland- Jalandhar's most popular amusement park. President Deep Saluja and Project Director SukhjeetSingh and Aman Kaur Cheema conducted a meeting and a project there.
Other prominent participants were Anup Mehra ;Navneet ; Anshika , Amarjit ;Bhaskar ; Rupinder Kaur ;Gurmeet ; Sunita Chawla ; Anshuman ; Aradhya ,Ayush ; Amit .
At the installation ceremony of Rotary Club Jalandhar South-3070 Dr. Kunj Lalwani was installed President ; Neena Sondhi- Secretary ; Santosh Sharma-Vice President ;Kiran Agarwal- Joint Secretary ; Sanyogita Kalra- Treasurer.
July 26, 2009
People in Jalandhar as else where in India are thrilled over Mrs. Gursharan Kaur launching India's first nuclear powered submarine INS Arihant. Every body felt so happy and proud. Surely India is taking up its due status in the comity of nations. After all India is the only country in the world which has an Ocean named after it.
Martyrs and heroes of Kargil were , also, remembered with due respect. Today is the 10 th anniversary of Kargil conflict.
A very important and positive development is that there was no feeling of animosity towards Pakistan. On the contrary, common man in India talks about friendship with Pakistan. ( There was a comment about what a World Power would both be if Indian and Pakistan act together. )
Citizens Urban Co-operative Bank Jalandhar is a very successful co-operative bark of Jalandhar.
It has shifted its Head Office from near Hotel Skylark to its own and new ultra modern building opposite St. Joseph's Convent Junior School on the Model Town Road( near Hotel Shangrila )
Kavita Dubey of Hans Raj Mahila Mahavidyalaya ( HMV College ) Jalandhar has come First in /University in BSc Biotechnology Part II scoring 542 /. Manvir Kaur of HMV College scored 537 marks and came Third inUniversity.
Principal J Kackaria congratulated the meritorious students.
In BSc Biotech Professional Part II exams conducted by Guru Nanak Dev University Maneet Rana ( 540 marks out of 625 ) came Second in University ; Pankaj Kumar ( 529 / 625 )- Sixth in University ; Atul ( 525 /625 ) - Seventh.
Principal Dr. Naresh Kumar Dhiman ; Registrar RK Badhwar ; Head of Deptt.- Dr. Monica Mahajan ; Dr. Rajiv Khosla and Dr. Kamaljit Kaur congratulated the meritorious students.
July 25, 2009
Smriti Goyal- First in College- BCom Professional Part II
Swati Goyal - Second in College- B Com Professional Part II
Nivedita- First in College- Diploma in Cosmetology
Smartha Second in College- Diploma in Cosmetology
Established in 1941, it is the promoter holding company of Braj Binani ( of Binani Cement ) group. Its Registered Office is at 32, Chowringhee Road Kolkata and administrative office at 12, JN Heredia Marg, Ballard Estate, Mumbai .
Directors are Braj Binani ( Chairman ) ; PR Damani ; Dr. Kala Pant ; Nidhi Binani ; JD Mehta ( Executive Vice Chairman ) ; Vinod Juneja ( Managing Director ) ; B. Srinivasan & V . Subramanian
The Company has tremendous Hidden Worth which makes its share very attractive to Collector-Investors
Share capital is Rs. 3 . 5 Crore.
Face Value of the Share : Rs.1000/- ( unique in the history of Listed Shares . But this face value has a reason from promoters point of view ),
Dividend : 25%
The Book Value of its share is Rs. 3500 /-. But if the fair market value of the underlying share holdings is carried out then the real value of the share may in Lakhs.
The Company holds promoter's ( Braj Binani Group ) holding in Binani Industries Limited ( quoted ) and Binani Zinc Limited. The tremendous hidden worth of the Company can be gauged from the fact that as on 31-03-08 the Cost ( Book Value ) of the Quoted shares was Rs. 42 Lakh and the Market Value was Rs. 56 Crore. Unquoted investments have , also ,tremendous hidden value too. They would command many times their Book Value once they are listed . The share capital of Binan Metals is Rupees Three and a Half Crore.
This huge value of the Company appears to be the reason why the promoters are increasing their holdings the over the past few years. The various and ingenious routes taken to do this are :-
A few years ago a Rights Issue was made , at par, in the ratio of 3 : 1 . The objective stated in the Letter of Offer was a real estate project near Mumbai. Majority of the non promoter shareholders did not apply. Unsubscribed shares were allotted to promoters. After this Rights the Real Estate project was , for reasons best known to the promoters , was dropped )
CONSOLIDATION OF FACE VALUE FROM Rs. 100 to Rs.1000
Well, what a masterstroke in the history of Indian Capital Market. As majority of non - promoter share holders were holding below 10 shares or in numbers not in multiple of 10 , the Company devised a unique plan to consolidate the face value from Rs.100 to Rs.1000 . The reason given was that this move would improve liquidity .
Thus , very conveniently , majority of small shareholders were reduced to holders of fractional shares. They were , now , compulsorily paid up and their shares compulsorily sold. And what was the rate at which these were sold ?
Around Rs. 450 for Rs. 100 paid up share or Rs. 4500 for Rs. 1000 paid up share .The deal done by the trustees appears to be a privately negotiated one as there does not seem to have been any official trading in the share since 05-02-2002. And the last officially quoted rate was , also , Rs. 450 for a Rs.100 paid share.
BUY BACK OFFERS
The last buy back offer was made in 2009 at a price of Rs 4500 for Rs.1000 paid up shares ( Same rate as was officially traded in February 2002.
Due to such ingenious efforts , the number of share holders , now, stands around 1760.
Status : Listed at Calcutta Stock Exchange But Illiquid
Worth : Tremendous Hidden Value
( Regulatory authorities like Calcutta Stock Exchange and SEBI did not take any action against these anti small shareholder moves by the Management )
Tags: Trade and Commerce