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About Kartik Investments Trust
Kartik Investments Trusts Ltd. is a public limited company incorporated on 25 January 1978 in Chennai. The company has only one class of shares - equity shares of par value Rs.10/- each. The authorised share capital of the Company is Rs. 1 crore and subscribed and paid up share capital of the company is Rs. 24.40 lakhs divided into 2,44,000 shares of Rs.10/- each. The company's investments include Rs. 20.27 crores in Equity Shares and Rs. 46 lakhs in bank fixed deposits as on 31 March 2019.
During the year 2017, M/s. Chola Business Services Limited, one of the members of promoter and promoter group of the company had expressed its intention to Board of Directors to acquire up to 61,450 equity shares held by the public shareholders representing 25.18% of total equity share capital of company by providing an exit opportunity through a voluntary delisting offer in accordance with Chapter VII of Delisting Regulations in order to delist equity shares from BSE. The acquirer, in consultation with Merchant Banker to Offer, have considered an exit price as Rs.72/- per equity share of face value of Rs.10/- as per regulation 27(3) of Delisting Regulations. The company therefore, obtained the approval as required under regulation 8(l)(b) of SEBI (Delisting of Equity Shares) Regulations, 2009 by way of a special resolution passed through postal ballot. Further, an application has been submitted with BSE Ltd for voluntarily de-listing the shares of the company and the same is pending.
Parent Organisation
Indian Private
Managing Director
None
Founded
1978
NSE Symbol
Community Discussion
A
AngelOne
10th July 2024
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AngelOne
10th July 2024
Kartik Investments Trust Ltd-latest-market-updates-21756
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Kartik Investments Trust Ltd FAQs
What is the share price of Kartik Investments Trust Ltd (Kartik Investments Trust Ltd) shares?
Kartik Investments Trust Ltd (Kartik Investments Trust Ltd) share price as of June 14, 2024, on NSE is Rs 785.5 (NSE) and Rs 785.5 (BSE) on BSE.
Can I buy Kartik Investments Trust Ltd (Kartik Investments Trust Ltd) from Angel One?
Yes, You can buy Kartik Investments Trust Ltd (Kartik Investments Trust Ltd) shares by opening a Demat account with Angel One.
How do I buy Kartik Investments Trust Ltd (Kartik Investments Trust Ltd) from Angel One?
Kartik Investments Trust Ltd (Kartik Investments Trust Ltd) share can be bought through the following modes:
1. Direct investment: You can buy Kartik Investments Trust Ltd (Kartik Investments Trust Ltd) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Kartik Investments Trust Ltd (Kartik Investments Trust Ltd) shares.
1. Direct investment: You can buy Kartik Investments Trust Ltd (Kartik Investments Trust Ltd) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Kartik Investments Trust Ltd (Kartik Investments Trust Ltd) shares.
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