Arbi. Apportunity

#1
Buy balaji distilleries ltd. Cmp-30.8


company going to merge with united spirits cmp-1003

ratio=2:55 2 shares of united spirits for every 55 shares of balaji dist.


If one buy 1100 balaji dist. Cost (31*1100)may-34100


he can get 40 united spirits which valuation is (40*1000)=40000







VIKAS KULKARNI
 

anuragmunjal

Well-Known Member
#2
hi..
thanx for the information. I searched the net and found that this merger was to take effect frm 1/04/09. can u pls provide some link or information regarding the current status as to the record date etc. It would be very helpful

Regards

Anurag
 

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