DIC India de-listing – Potential for decent gains in a month or so
Dear Readers, Suddenly a lot of listed Indian companies with Japanese promoters are opting to de-list from Indian exchanges. A few months back Denso India got delisted, in Nov’13 Ricoh India came up with an unprecedented 2nd de-listing offer and towards the end of Nov’13 DIC India came up with a de-listing offer. We did some analysis recently and believe 2 more companies are likely to come up with de-listing offer in next few days. DIC India de-listing opportunity was shared with Alpha + members on 26th Nov’13 when the…