Shree Rama Multi-tech at Rs 8+~ Do not get too excited because Nirma lost in the Supreme Court and will have to honour an Open Offer at Rs 18.60
Nearly Five Years ago on July 21,2008 I had covered Nirma refusing to honour their committment of an Open Offer to Shree Rama Multi-tech Shareholders and that the matter was before the Supreme Court Nirma disallowed to withdraw offer for Shree Rama Multi-tech Monday, July 21st, 2008 I have posted this Update on the above …