PIRAMAL GLASS CEYLON PLC (GLAS.N0000)

invest thinker · **851** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Fri Dec 11, 2020 1:22 pm

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CAL made simple cal. for share valuation. it is not simple calculation. 1st we check SL GLAS EV. Here, they ignore equity capital + reserve. share transaction 536Mn. not 950Mn. don't trust this chit chat Calculation.

Karthick · **852** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Fri Dec 11, 2020 1:26 pm

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Mr. X wrote:The transaction price between Piramal and Prestine at 24.08 (approx) per share with premium due to controlling power..
this is an indication of actual value of the share... discount 50% and it's still worth 12/- and our guys selling at 9.6 right now..

"Api Hari Wanas"

True. they'll realize on next week.
those who hold Glass cheers cheers

...
c the miracle on next week..

Kanishka_2020 · **853** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Fri Dec 11, 2020 1:33 pm

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Karthick wrote:

Mr. X wrote:The transaction price between Piramal and Prestine at 24.08 (approx) per share with premium due to controlling power..
this is an indication of actual value of the share... discount 50% and it's still worth 12/- and our guys selling at 9.6 right now..

"Api Hari Wanas"

True. they'll realize on next week.
those who hold Glass cheers ...
c the miracle on next week..

Selling the GLAS is what they expecting from panic sellers from such reports.
Those who hold the share is the winners I love you

Cheers

dayandacool · **854** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Fri Dec 11, 2020 1:35 pm

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Mr. X wrote:The transaction price between Piramal and Prestine at 24.08 (approx) per share with premium due to controlling power..
this is an indication of actual value of the share... discount 50% and it's still worth 12/- and our guys selling at 9.6 right now..

"Api Hari Wanas"

As per Q2 financials, Net Debt + Working capital=
3,306,220,000
Acquisition enterprise value rs =12,966,660,000
So the market value rs= 9,660,440,000
Number of acquired shares =536331880
Quoted value for a share= 18.0 rs

It's not 24 rs as you mentioned. Since acquisition of 30% or more shares, There will be a mandatory offer in which, the buyer has to offer the highest price paid during last 12 months. Needs to clarify whether this constitutes to the highest traded price of the share during last 12 months or the highest price paid by the party for a share during last 12 months. I believe it will be the highest traded price.

This scenario is when we get a mandatory offer.

jmnaleem · **855** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Fri Dec 11, 2020 1:37 pm

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It is very straight forward.
PIRAMAL GLASS PRIVATE LIMITED (India) is selling their shares 536,331,880 (56.45% of the total issue) shares. No cash inflow or outflow to PIRAMAL GLASS CEYLON PLC.

Buyer has valued their purchase:
Number of Shares: 536,331,880
Value Offer: LKR 13,071,013,200 (INR 5,166,000,000 @ 2.5302)
Value Per Share: LKR 24.37

It does not guarantee that PIRAMAL GLASS CEYLON PLC shares will buy back balance shares at the given price. It is only a premium value given by the new shareholder. The future share price will decide based on its performance.

dayandacool · **856** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Fri Dec 11, 2020 1:43 pm

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jmnaleem wrote:It is very straight forward.
PIRAMAL GLASS PRIVATE LIMITED (India) is selling their shares 536,331,880 (56.45% of the total issue) shares. No cash inflow or outflow to PIRAMAL GLASS CEYLON PLC.

Buyer has valued their purchase:
Number of Shares: 536,331,880
Value Offer: LKR 13,071,013,200 (INR 5,166,000,000 @ 2.5302)
Value Per Share: LKR 24.37

It does not guarantee that PIRAMAL GLASS CEYLON PLC shares will buy back balance shares at the given price. It is only a premium value given by the new shareholder. The future share price will decide based on its performance.

Incorrect, You have to consider less debt and working capital.

Winner123 · **857** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Fri Dec 11, 2020 1:49 pm

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There should be a mandatory offer since it has exceed 50% right?even if it should be above 10.40.

Hairoos · **858** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Fri Dec 11, 2020 1:52 pm

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then why the sellers' side is very heavy

dayandacool · **859** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Fri Dec 11, 2020 1:55 pm

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Winner123 wrote:There should be a mandatory offer since it has exceed 50% right?even if it should be above 10.40.

Yes, It has to be the highest traded price during last 12 months.

Winner123 · **860** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Fri Dec 11, 2020 1:57 pm

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So today price considered ?

geesura · **861** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Fri Dec 11, 2020 1:59 pm

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Winner123 wrote:So today price considered ?

if they ask all the shares for 10.4 should we sell them or can we reject the offer?

dayandacool · **862** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Fri Dec 11, 2020 2:03 pm

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Winner123 wrote:So today price considered ?

Yes, it's the highest traded price during last 12 months back dating from the date of Mandatory offer. I'm still in the belief that it won't hit above today's high in coming days. But with future performances, of course any company let alone GLAS can trade at higher prices. just to tell you that it won't be no where close to the prices mentioned here earlier in the thread above 20 rs.

dayandacool · **863** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Fri Dec 11, 2020 2:04 pm

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geesura wrote:

Winner123 wrote:So today price considered ?

if they ask all the shares for 10.4 should we sell them or can we reject the offer?

Share holders can reject the offer.

geesura · **864** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Fri Dec 11, 2020 2:09 pm

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dayandacool wrote:

geesura wrote:

Winner123 wrote:So today price considered ?

if they ask all the shares for 10.4 should we sell them or can we reject the offer?

Share holders can reject the offer.

Mr.dayandacool what is your idea about GLAS dea;, GLAS share price, reports released by the research institute cuz I see you as an unbiased person in this forum .

Bakkabwoi · **865** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Fri Dec 11, 2020 2:11 pm

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කොළඹ කොටස් වෙළෙඳපොළේ ලැසිස්තුගත සමාගමක් වන Piramal Glass Ceylon PLC හි ප්‍රධාන කොටස්කරුවා වන Piramal Glass Pvt Ltd සමාගම තමන් සතු සම්පූර්ණ කොටස් හිමිකාරීත්වය ඉන්දියාවේ Pristine Glass Pvt Ltd වෙත අලෙවි කිරීමට ගිවිසුමකට එළඹ තිබේ.

Piramal Glass Ceylon PLC කොටස් 536,331,880 ක් හෙවත් 56.45% ක අයිතිය Piramal Glass Pvt Ltd සතුව පවතී.

ඉන්දියානු රුපියල් බිලියන 5.166කට මෙම ගනුදෙනුව සිදුකිරීමට නියමිත අතර එහිදී සමාගෙම් ණයගැතිභාවය, ශුද්ධ ණය, කාරක ප්‍රාග්ධන ගැළපීම් ආදිය මත පදනම්ව එම අගය තක්සේරුකිරීම සිදුකර තිබේ.

Piramal Glass Ceylon PLC හි ප්‍රධාන කොටස්කරුවන් අතර දෙවැනි හා තෙවැනි ස්ථානවලට පත්වෙමින් ප්‍රකාශිත කොටස් ප්‍රාග්ධනයෙන් 9.51% කට සේවක අර්ථසාධක අරමුදල හා 2.02%කට සේවා නියුක්තියන්ගේ භාරකාර අරමුදල පිළිවෙලින් හිමිකම් කියනු ලබයි.

මේ අතර ඇමරිකාවේ Blackstone ආයෝජන සමාගම විසින් ඉන්දියාවේ Piramal Glass සමාගම ඩොලර් බිලියන 1 ක මුදලකට අත්පත් කර ගැනීමට ගිවිසුම් අත්සන් කළ බව විදෙස් මාධ්‍ය අද (11) දින අනාවරණය කර සිටියේය.

dayandacool · **866** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Fri Dec 11, 2020 2:15 pm

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geesura wrote:

dayandacool wrote:

geesura wrote:

Winner123 wrote:So today price considered ?

if they ask all the shares for 10.4 should we sell them or can we reject the offer?

Share holders can reject the offer.

Mr.dayandacool what is your idea about GLAS dea;, GLAS share price, reports released by the research institute cuz I see you as an unbiased person in this forum .

Wait for the next QR and see where this is going. I only value with the performances of the company and I can't foresee the future. Present price represent a fair value for GLAS based on last QR. I think I shared with you my honest price for GLAS earlier. If future performances are greater, then yes, this could advance further. there are some members who could foresee future here. you can get an idea from them about what the future holds for GLAS!!! Very Happy

subash81 · **867** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Fri Dec 11, 2020 2:19 pm

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dayandacool wrote:

jmnaleem wrote:It is very straight forward.
PIRAMAL GLASS PRIVATE LIMITED (India) is selling their shares 536,331,880 (56.45% of the total issue) shares. No cash inflow or outflow to PIRAMAL GLASS CEYLON PLC.

Buyer has valued their purchase:
Number of Shares: 536,331,880
Value Offer: LKR 13,071,013,200 (INR 5,166,000,000 @ 2.5302)
Value Per Share: LKR 24.37

It does not guarantee that PIRAMAL GLASS CEYLON PLC shares will buy back balance shares at the given price. It is only a premium value given by the new shareholder. The future share price will decide based on its performance.

Incorrect, You have to consider less debt and working capital.

@dayandacool

I think offer amount is already accounted for debt and other things , so no need to deduct again

subash81 · **868** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Fri Dec 11, 2020 2:20 pm

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Bakkabwoi wrote:කොළඹ කොටස් වෙළෙඳපොළේ ලැසිස්තුගත සමාගමක් වන Piramal Glass Ceylon PLC හි ප්‍රධාන කොටස්කරුවා වන Piramal Glass Pvt Ltd සමාගම තමන් සතු සම්පූර්ණ කොටස් හිමිකාරීත්වය ඉන්දියාවේ Pristine Glass Pvt Ltd වෙත අලෙවි කිරීමට ගිවිසුමකට එළඹ තිබේ.

Piramal Glass Ceylon PLC කොටස් 536,331,880 ක් හෙවත් 56.45% ක අයිතිය Piramal Glass Pvt Ltd සතුව පවතී.

ඉන්දියානු රුපියල් බිලියන 5.166කට මෙම ගනුදෙනුව සිදුකිරීමට නියමිත අතර එහිදී සමාගෙම් ණයගැතිභාවය, ශුද්ධ ණය, කාරක ප්‍රාග්ධන ගැළපීම් ආදිය මත පදනම්ව එම අගය තක්සේරුකිරීම සිදුකර තිබේ.

Piramal Glass Ceylon PLC හි ප්‍රධාන කොටස්කරුවන් අතර දෙවැනි හා තෙවැනි ස්ථානවලට පත්වෙමින් ප්‍රකාශිත කොටස් ප්‍රාග්ධනයෙන් 9.51% කට සේවක අර්ථසාධක අරමුදල හා 2.02%කට සේවා නියුක්තියන්ගේ භාරකාර අරමුදල පිළිවෙලින් හිමිකම් කියනු ලබයි.

මේ අතර ඇමරිකාවේ Blackstone ආයෝජන සමාගම විසින් ඉන්දියාවේ Piramal Glass සමාගම ඩොලර් බිලියන 1 ක මුදලකට අත්පත් කර ගැනීමට ගිවිසුම් අත්සන් කළ බව විදෙස් මාධ්‍ය අද (11) දින අනාවරණය කර සිටියේය.

As per this, no need to deduct again

dayandacool · **869** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Fri Dec 11, 2020 2:26 pm

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subash81 wrote:

dayandacool wrote:

jmnaleem wrote:It is very straight forward.
PIRAMAL GLASS PRIVATE LIMITED (India) is selling their shares 536,331,880 (56.45% of the total issue) shares. No cash inflow or outflow to PIRAMAL GLASS CEYLON PLC.

Buyer has valued their purchase:
Number of Shares: 536,331,880
Value Offer: LKR 13,071,013,200 (INR 5,166,000,000 @ 2.5302)
Value Per Share: LKR 24.37

It does not guarantee that PIRAMAL GLASS CEYLON PLC shares will buy back balance shares at the given price. It is only a premium value given by the new shareholder. The future share price will decide based on its performance.

Incorrect, You have to consider less debt and working capital.

@dayandacool

I think offer amount is already accounted for debt and other things , so no need to deduct again

@subash81,

Problem is in the original statement issued by GLAS to CSE, it state " The consideration for the transaction is to be calculated based on the enterprise value"

The news article you quoted says otherwise. What to trust is an issue. What ever said and done, this transaction means nothing to local retailers. Mandatory offer when takes place will affect the local retailers and we can speak of that when that happens.

Enterprise value = Equity value+ Debt- Cash

subash81 · **870** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Fri Dec 11, 2020 2:34 pm

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dayandacool wrote:

subash81 wrote:

dayandacool wrote:

jmnaleem wrote:It is very straight forward.
PIRAMAL GLASS PRIVATE LIMITED (India) is selling their shares 536,331,880 (56.45% of the total issue) shares. No cash inflow or outflow to PIRAMAL GLASS CEYLON PLC.

Buyer has valued their purchase:
Number of Shares: 536,331,880
Value Offer: LKR 13,071,013,200 (INR 5,166,000,000 @ 2.5302)
Value Per Share: LKR 24.37

It does not guarantee that PIRAMAL GLASS CEYLON PLC shares will buy back balance shares at the given price. It is only a premium value given by the new shareholder. The future share price will decide based on its performance.

Incorrect, You have to consider less debt and working capital.

@dayandacool

I think offer amount is already accounted for debt and other things , so no need to deduct again

@subash81,

Problem is in the original statement issued by GLAS to CSE, it state " The consideration for the transaction is to be calculated based on the enterprise value"

The news article you quoted says otherwise. What to trust is an issue. What ever said and done, this transaction means nothing to local retailers. Mandatory offer when takes place will affect the local retailers and we can speak of that when that happens.

Enterprise value = Equity value+ Debt- Cash

Thanks dayandacool

GLAS should be value more than 10+ base on result along, next quarter result should be good. I still think 15+ with this deal
Lets see

jason12 · **871** PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Fri Dec 11, 2020 3:03 pm

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subash81 wrote:

dayandacool wrote:

subash81 wrote:

dayandacool wrote:

jmnaleem wrote:It is very straight forward.
PIRAMAL GLASS PRIVATE LIMITED (India) is selling their shares 536,331,880 (56.45% of the total issue) shares. No cash inflow or outflow to PIRAMAL GLASS CEYLON PLC.

Buyer has valued their purchase:
Number of Shares: 536,331,880
Value Offer: LKR 13,071,013,200 (INR 5,166,000,000 @ 2.5302)
Value Per Share: LKR 24.37

It does not guarantee that PIRAMAL GLASS CEYLON PLC shares will buy back balance shares at the given price. It is only a premium value given by the new shareholder. The future share price will decide based on its performance.

Incorrect, You have to consider less debt and working capital.

@dayandacool

I think offer amount is already accounted for debt and other things , so no need to deduct again

@subash81,

Problem is in the original statement issued by GLAS to CSE, it state " The consideration for the transaction is to be calculated based on the enterprise value"

The news article you quoted says otherwise. What to trust is an issue. What ever said and done, this transaction means nothing to local retailers. Mandatory offer when takes place will affect the local retailers and we can speak of that when that happens.

Enterprise value = Equity value+ Debt- Cash

Thanks dayandacool

GLAS should be value more than 10+ base on result along, next quarter result should be good. I still think 15+ with this deal
Lets see

https://www.tofler.in/pristine-glass-private-limited/company/U74999MH2020PTC349649

Win Win · **872** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Fri Dec 11, 2020 3:12 pm

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subash81 wrote:

dayandacool wrote:

subash81 wrote:

dayandacool wrote:

jmnaleem wrote:It is very straight forward.
PIRAMAL GLASS PRIVATE LIMITED (India) is selling their shares 536,331,880 (56.45% of the total issue) shares. No cash inflow or outflow to PIRAMAL GLASS CEYLON PLC.

Buyer has valued their purchase:
Number of Shares: 536,331,880
Value Offer: LKR 13,071,013,200 (INR 5,166,000,000 @ 2.5302)
Value Per Share: LKR 24.37

It does not guarantee that PIRAMAL GLASS CEYLON PLC shares will buy back balance shares at the given price. It is only a premium value given by the new shareholder. The future share price will decide based on its performance.

Incorrect, You have to consider less debt and working capital.

@dayandacool

I think offer amount is already accounted for debt and other things , so no need to deduct again

@subash81,

Problem is in the original statement issued by GLAS to CSE, it state " The consideration for the transaction is to be calculated based on the enterprise value"

The news article you quoted says otherwise. What to trust is an issue. What ever said and done, this transaction means nothing to local retailers. Mandatory offer when takes place will affect the local retailers and we can speak of that when that happens.

Enterprise value = Equity value+ Debt- Cash

Thanks dayandacool

GLAS should be value more than 10+ base on result along, next quarter result should be good. I still think 15+ with this deal
Lets see

ew]nt=Courier New]Thanks Dayandacool & Subash to contribute a value discussion.. GLAS announcement tried to give very very less info.

According to my calculation and available info, the deal will be done between Rs.15 to Rs.16 per share. This was arrived based on available info. So believe, there is a chance. The price will be moved towards to Rs.15. But, any good investor should have a patience until Rs.12 per share in CSE as a minimum selling price in short term.
[/font]

samaritan · **873** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Fri Dec 11, 2020 3:56 pm

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We can bank on the global demand for Covid glass vials for vaccination.

[url=Private equity major Blackstone is reported to have clinched a deal to acquire Piramal Glass for around $1 billion as it sees a surge in demand for glass vials required to store Covid-19 vaccine vials. The deal includes an upfront payment of $850 million and Piramal Group will get another $150 million over the next two years on achieving certain milestones.]Private equity major Blackstone is reported to have clinched a deal to acquire Piramal Glass for around $1 billion as it sees a surge in demand for glass vials required to store Covid-19 vaccine vials. The deal includes an upfront payment of $850 million and Piramal Group will get another $150 million over the next two years on achieving certain milestones.[/url]

will not rule out an attractive offer. Be Patient or become a 'Patient'. Decision is yours! PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 35 Icon_lol

Raymond · **874** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Fri Dec 11, 2020 4:42 pm

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Blackstone has made this massive investment on the high demand of glass vials required to store Covid-19 vaccine vials. Also the requirement of glass has grown exponentially and there are only a few companies that actually in the market. This is a very special case.

for some information
https://vimeo.com/445141196

Winner123 · **875** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Fri Dec 11, 2020 6:38 pm

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What i smell is mandatory offer will be close to 12-13. Hidden agenda was there to bring the price down.

100Bill · **876** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Fri Dec 11, 2020 7:32 pm

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With the latest deal, Blackstone will gain from Piramal Glass’ large clientele. Piramal Glass is a major supplier to companies including Coty, L'Oreal, Diageo, Pernod Ricard and Sanofi.

The company controls a majority market share in India and Sri Lanka, with expanding footprint in the US and Europe.

Piramal Glass is one of the four players globally to have type 1 pharma glass capabilities that is used for complex products like liquid injectable drugs, which saw a surge in demand during the coronavirus pandemic.

In the export markets, Piramal is number one globally in manufacturing and supplying nail polish glass (33% volume share) and is the number one in the US in specialty spirits bottles.
The global glass market targeted by Piramal Glass is estimated at $10 billion, growing at CAGR of 3%.
Glass manufacturing facilities are increasingly being shifted from high cost locations in Europe and the US to emerging markets such as India. Also, consumers are replacing plastic containers with recyclable glass bottles.
During fiscal 2020, Piramal Glass recorded a revenue of $293 million. Between FY2017 and FY2020, the company’s revenue grew at a CAGR of 5.3%, while EBITDA increased at a CAGR of 9.7%.

https://www.livemint.com/companies/news/blackstone-to-buy-piramal-glass-for-1-billion/amp-11607677639729.html

Fair value of the share 13.50 LKR....

Cheers..........

Eranga87 · **877** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Fri Dec 11, 2020 8:19 pm

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In the beginning, they will buy back some of the shares for keeping the majority holding %. if they are going delist from the market, they must give valuable consideration which accepted by all shareholders. I remembered JINS delist CSEC from the market and paid 2.5 times into NAV.

i am not satisfied CAL simple share value calculation. ignore some important areas. I never heard this kind of valuation. anyway, RESEARCH firm same times change their TPs. next month they revised TPs. today, I again buy some of the shares at different prices.

better to keep and wait and see next month impressive financial. may be, dividends also will announce.

sanjulanka · **878** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Fri Dec 11, 2020 8:56 pm

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subash81 wrote:

Bakkabwoi wrote:කොළඹ කොටස් වෙළෙඳපොළේ ලැසිස්තුගත සමාගමක් වන Piramal Glass Ceylon PLC හි ප්‍රධාන කොටස්කරුවා වන Piramal Glass Pvt Ltd සමාගම තමන් සතු සම්පූර්ණ කොටස් හිමිකාරීත්වය ඉන්දියාවේ Pristine Glass Pvt Ltd වෙත අලෙවි කිරීමට ගිවිසුමකට එළඹ තිබේ.

Piramal Glass Ceylon PLC කොටස් 536,331,880 ක් හෙවත් 56.45% ක අයිතිය Piramal Glass Pvt Ltd සතුව පවතී.

ඉන්දියානු රුපියල් බිලියන 5.166කට මෙම ගනුදෙනුව සිදුකිරීමට නියමිත අතර එහිදී සමාගෙම් ණයගැතිභාවය, ශුද්ධ ණය, කාරක ප්‍රාග්ධන ගැළපීම් ආදිය මත පදනම්ව එම අගය තක්සේරුකිරීම සිදුකර තිබේ.

Piramal Glass Ceylon PLC හි ප්‍රධාන කොටස්කරුවන් අතර දෙවැනි හා තෙවැනි ස්ථානවලට පත්වෙමින් ප්‍රකාශිත කොටස් ප්‍රාග්ධනයෙන් 9.51% කට සේවක අර්ථසාධක අරමුදල හා 2.02%කට සේවා නියුක්තියන්ගේ භාරකාර අරමුදල පිළිවෙලින් හිමිකම් කියනු ලබයි.

මේ අතර ඇමරිකාවේ Blackstone ආයෝජන සමාගම විසින් ඉන්දියාවේ Piramal Glass සමාගම ඩොලර් බිලියන 1 ක මුදලකට අත්පත් කර ගැනීමට ගිවිසුම් අත්සන් කළ බව විදෙස් මාධ්‍ය අද (11) දින අනාවරණය කර සිටියේය.

stockback · **879** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Sat Dec 12, 2020 12:16 am

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Bakkabwoi wrote:කොළඹ කොටස් වෙළෙඳපොළේ ලැසිස්තුගත සමාගමක් වන Piramal Glass Ceylon PLC හි ප්‍රධාන කොටස්කරුවා වන Piramal Glass Pvt Ltd සමාගම තමන් සතු සම්පූර්ණ කොටස් හිමිකාරීත්වය ඉන්දියාවේ Pristine Glass Pvt Ltd වෙත අලෙවි කිරීමට ගිවිසුමකට එළඹ තිබේ.

Piramal Glass Ceylon PLC කොටස් 536,331,880 ක් හෙවත් 56.45% ක අයිතිය Piramal Glass Pvt Ltd සතුව පවතී.

ඉන්දියානු රුපියල් බිලියන 5.166කට මෙම ගනුදෙනුව සිදුකිරීමට නියමිත අතර එහිදී සමාගෙම් ණයගැතිභාවය, ශුද්ධ ණය, කාරක ප්‍රාග්ධන ගැළපීම් ආදිය මත පදනම්ව එම අගය තක්සේරුකිරීම සිදුකර තිබේ.

Piramal Glass Ceylon PLC හි ප්‍රධාන කොටස්කරුවන් අතර දෙවැනි හා තෙවැනි ස්ථානවලට පත්වෙමින් ප්‍රකාශිත කොටස් ප්‍රාග්ධනයෙන් 9.51% කට සේවක අර්ථසාධක අරමුදල හා 2.02%කට සේවා නියුක්තියන්ගේ භාරකාර අරමුදල පිළිවෙලින් හිමිකම් කියනු ලබයි.

මේ අතර ඇමරිකාවේ Blackstone ආයෝජන සමාගම විසින් ඉන්දියාවේ Piramal Glass සමාගම ඩොලර් බිලියන 1 ක මුදලකට අත්පත් කර ගැනීමට ගිවිසුම් අත්සන් කළ බව විදෙස් මාධ්‍ය අද (11) දින අනාවරණය කර සිටියේය.

can you put link of this translation.

according to GLAS announcement, this is something different..

any ideas.

this is mislead....

Bakkabwoi · **880** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Sat Dec 12, 2020 12:19 am

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stockback wrote:

Bakkabwoi wrote:කොළඹ කොටස් වෙළෙඳපොළේ ලැසිස්තුගත සමාගමක් වන Piramal Glass Ceylon PLC හි ප්‍රධාන කොටස්කරුවා වන Piramal Glass Pvt Ltd සමාගම තමන් සතු සම්පූර්ණ කොටස් හිමිකාරීත්වය ඉන්දියාවේ Pristine Glass Pvt Ltd වෙත අලෙවි කිරීමට ගිවිසුමකට එළඹ තිබේ.

Piramal Glass Ceylon PLC කොටස් 536,331,880 ක් හෙවත් 56.45% ක අයිතිය Piramal Glass Pvt Ltd සතුව පවතී.

ඉන්දියානු රුපියල් බිලියන 5.166කට මෙම ගනුදෙනුව සිදුකිරීමට නියමිත අතර එහිදී සමාගෙම් ණයගැතිභාවය, ශුද්ධ ණය, කාරක ප්‍රාග්ධන ගැළපීම් ආදිය මත පදනම්ව එම අගය තක්සේරුකිරීම සිදුකර තිබේ.

Piramal Glass Ceylon PLC හි ප්‍රධාන කොටස්කරුවන් අතර දෙවැනි හා තෙවැනි ස්ථානවලට පත්වෙමින් ප්‍රකාශිත කොටස් ප්‍රාග්ධනයෙන් 9.51% කට සේවක අර්ථසාධක අරමුදල හා 2.02%කට සේවා නියුක්තියන්ගේ භාරකාර අරමුදල පිළිවෙලින් හිමිකම් කියනු ලබයි.

මේ අතර ඇමරිකාවේ Blackstone ආයෝජන සමාගම විසින් ඉන්දියාවේ Piramal Glass සමාගම ඩොලර් බිලියන 1 ක මුදලකට අත්පත් කර ගැනීමට ගිවිසුම් අත්සන් කළ බව විදෙස් මාධ්‍ය අද (11) දින අනාවරණය කර සිටියේය.

can you put link of this translation.

according to GLAS announcement, this is something different..

any ideas.

this is mislead....

Piramal Glass Ceylon PLC's largest shareholder Piramal Glass Pvt Ltd has entered into a share purchase agreement to sell its entire stake of 56.45% in the company to Pristine Glass Pvt Ltd.

In a Stock Exchange filing, Piramal Glass Ceylon PLC stated that the Board of Directors of the company has entered into a sale and purchase agreement with, inter alia Piramal Glass Pvt Ltd (seller) and Pristine Glass Pvt Ltd ( purchaser), a company duly incorporated under the laws of India for the sale and purchase of 536,331,880 shares (56.45%) being the entire equity held by the seller in the company.

The consideration for the transaction is to be calculated based on the enterprise value of the company of Indian Rupees 5.166 billion , the indebtedness of the company, the net debt of the company and a working capital adjustment to be computed, as agreed, as of the date of transfer of the glass manufacturing business of the seller in India.

same news at english version at ada derana

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