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I'm so sick of White People !
Bohot rona aara hai
bvsbgI
No.452886
Recently found out that my baap owned around 200 shares of a company back in 2005, which he bought for a really cheap price. Let's call it company A.
Later that year, that company merged with company B, giving rise to a new company, "C".
The newly formed company C, sent letters/warrants by post to my baap asking him to exercise his rights and claim those shares in company C within a specific timeframe. Those letters were titled:
>"APPLICATION FORM FOR SUBSCRIPTION TO EQUITY SHARES BY WARRANT HOLDER(S) IN TERMS OF SCHEME OF ARRANGEMENT & AMALGAMATION BETWEEN............"
The merger ratio in 2005 was 1:16. Which means my baap could have owned 3200 shares in the new company C. This ratio later changed in late 2010s, and according to the latest merger ratio, anyone who once owned 1 share in company A, now owned 160 shares in company C. Which essentially meant that my baap would have had 32,000 shares in company C.
The limitation to exercise those warrants was December 2005. He, did not claim it because he had "no time" back then, and now that piece of paper is useless and he has no shares in company C because of his one stupidity.
To make things worse, those 32,000 shares are now close to around 4 karodddd rupiyeee.
I COULD HAVE BEEN A SUPER-DUPER RICHIERICHFAG.
But my baap had different plans.
Bohot sad feel hora hai yaaaron. Man kar raha hai ro du. I feel so raped. Bhenchodddd mujhko naa hi pata chalta to zyada theek tha. Ab jab pata laga to bohot rona aara hai.
ABEY IS KAGAZ KO JALA HI DETA YAAAAAAAR MUJHE KYU DIKHAYAAAAAA?
ARHHHHHHHHHHHHHHHHHHHHHHH
ewcAXf
No.452899
>>452886(OP)
I remember reading about similar case.
8FGZHv
No.452902
Agar 2005 mein claim karta toh 3200 share hi toh milte naa, 32,000 thodi milte.
Aur lodu kon si company 32,000 share rakhne degi kisi ek individual ko
wh29FE
No.452906
>>452886(OP)
Based baap
bvsbgI
No.452915
>>452902
Abey yaar there was some more share split lauda-lassan shit in late 2010s and those 3200 shares were split in the ratio of 1:10 so no. of shares held: 10x3200= 32000.
bvsbgI
No.452920
>>452902
Yaar he came to my room last night with that letter and asked me to help him claim the shares. Bhenchooood claim kaise kar lu 21 saal baad. I got so angry yaar.
bvsbgI
No.452922
>>452906
8FGZHv
No.452932
>>452920
Koi baat nhi yaar. Chitti/khat ke zamane mein hota rehta tha. Bhot log ke saath hua hai. Maaf karde baap ko
What you're describing is an ideal scenario if things had gone all right. Every person has his own version of if things would have moved along these lines he would be a millionaire now, especially in trading.
bvsbgI
No.452945
>>452932
Haan yaar sahi baat hai.
It'd have been better if I never got to know this stuff. Better for mental peace.
