Inactive/Dead Companies

[Alchemist]

Originally Posted by Dipankar126

Any idea if these are active or have changed name:

1. Aquamarine Food Products
2. Malvika Steel

Thanks.

Aquamarine Food Products was delisted.

Aquamarine Food Products Ltd. 519268 17-Feb-1997 Non Payment of Annual Listing Fees

http://www.moneycontrol.com/stocks/m...ting/index.php

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Malvika Steel was suspended a long time back.

It seems the company has no intention of getting the suspension revoked.

Suspended due to penal reasons.

http://www.bseindia.com/bseplus/Stoc...ripcode=530645

[sudhashbahu]

Originally Posted by Alchemist

Malvika Steel was suspended a long time back.

It seems the company has no intention of getting the suspension revoked.

Same is the case with Modern Insulators.

However if this report in the economic times is true, some hope may be around the corner.

[marketmover]

Somebody mentioned Orkay, Maybe a lot of members here don't know that once upon a time Orkay along with Reliance, were blue chips, Once the only competitor to Reliance, Holding both these shares in once portfolio was a matter of pride for any investor, but that as I mentioned was Once upon a time....

[jatanr]

Originally Posted by marketmover

Somebody mentioned Orkay

That was me! I guess there is no hope anymore.

[marketmover]

Orkay is dead and gone, It is this very nature of promoters, that makes me suspect everyone, Kapal Mehra of Orkay was a God those days, A wealth Creator, Another Ambani in the making, all fizzled out, There have been many Satyam's in the past, unfortunately they were never bailed out as was Satyam, resulting in erosion of Innocent investors wealth.

Sorry brother Jatan, you can't do anything with Orkay

[jatanr]

Interesting... thanks for insightful information marketmover. As for Orkay, I had asked about it on behalf of a relative. I am sure the experience will be a learning one.