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picl

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Member
Registered: Oct 2013
Posts: 7912
Donsun Ji, I read is paper its share ratio is 80:20. Then its board published a notice regarding conversion of 19% promoter into Ordinary which means there will be 10+ FPO, otherwise they would have converted 29%.

I am confused. It would be grate if you could explain more or provide more detail especially about remaining 10%.
51%-Promoter
20%-Ordinary
19%-Promoter to be converted into ordinary.
10%- ????

Thanks.
Member
Registered: Aug 2015
Posts: 12
राइजिङ जि!
lgil had converted its capital structure few months ago to 51:49.
You purchased LGIL that's great!
You will see its price 2000 soon!
Member
Registered: Oct 2013
Posts: 7912
Sorry Suresh007 Ji, I really dont want to say anything about Insurance. Bought LGIL 250@1570 hoping for FPO that's all, have not sold or bought any other Insurance for last few weeks.
Member
Registered: Aug 2015
Posts: 12
This is the right time to collect picl....go and grab!
Member
Registered: Jan 2016
Posts: 51
is it good to buy this stock in this rate ? and what about its fpo dear rising sir and paribartan sir and other friends...

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