About preference share of alchemist ltd.?

Question

About preference share of alchemist ltd.?

Answer 1

You may avail the offer, provided the offer is attractive and you are interested in SHARES.

Alchemist Limited, is company with lots of scope.

Many organised company are picking Retail as their main objective.

Good Luck !!

Answer 2

Dear Mr. Santo,

Alchemist Ltd., is formerly Toubro Infotech and Industries Ltd, has bought 60% stake in Vibrant Healthcare Ltd., ( VHL ).

VHL operates in the sector of branded formulations and currently has 41 branded products being marketed throughout India.

Alchemist proposes to change the Company,s name to Alchemist Lifesciences Ltd., which becomes the subsidiary of Alchemist Ltd.

Presently, I do not have more information about their preference share allotment to the existing share holders and the price band. But certainly it is a good share for long term investment.

Good luck.