FIR against Birla Power on payment default

Written By Unknown on Senin, 13 Januari 2014 | 23.26

Jan 13, 2014, 07.34 PM IST

The EoW of Mumbai police has filed the FIR after the company defaulted on repayment of fixed deposits to investors.

Tags  Birla Power Solutions, Yash Birla, EoW

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FIR against Birla Power on payment default

The EoW of Mumbai police has filed the FIR after the company defaulted on repayment of fixed deposits to investors.

Like this story, share it with millions of investors on M3

FIR against Birla Power on payment default

The EoW of Mumbai police has filed the FIR after the company defaulted on repayment of fixed deposits to investors.

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The economic offences wing (EoW) of the Mumbai police has filed an FIR against Birla Power, after the company defaulted on repayment of fixed deposits (FDs) to investors.

Birla Power is a Yash Birla group firm.

The company has also defaulted on interest payment to its investors. The EoW filed the FIR on December 31 after it received investor complaints. EoW officials confirm that senior management of the company would be summoned for questioning.


Birla Power Sol stock price

On January 13, 2014, Birla Power Solutions closed at Rs 0.20, up Rs 0.01, or 5.26 percent. The 52-week high of the share was Rs 0.40 and the 52-week low was Rs 0.12.


The latest book value of the company is Rs 2.66 per share. At current value, the price-to-book value of the company was 0.08.


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