Professional Documents
Culture Documents
Please note that give them 2 days to reply otherwise send a reminder. We have not note that as
fare as possible they would prefer that lots of Ballot Paper goes missing and misplaced
Ensure that your completed ballot paper reaches the Scrutinizer office by at least 30th April, 2011
before 2.00 pm
Turk,
There are lots of loopholes which companies use to their advantage when they want something
to happen to their interest.
Basically some things needs to be changed, like things like postal ballot should reach the
receipt at least 15 days before the deadline for receipt.
Acknowledgement by the investor that it is received 15 days before the deadline for receipt.
If the Postal Ballot rules are changed to above, then people will decide the fate of the ballot note
and not the promoters and vested partes as it stands currently.
1. Currently they send by normal post and can very well say that they have sent it, even if they
dont.
2. There is no receipt obtained from the investor for having received the postal ballot notice.
3. Currently there is no rule that it the postal ballot notice should reach the investor before 15
days of deadline of receipt.
4. The return address also the the scruitiniser is put alongwith the Postal Ballot Notice so that in
this case also the company is at an advantage. They can say that they have not received it,
destroy it, since it is sent by original.
so the sale is for a minimum price of book value of SM`s animation division. The
whole company`s book value is Rs. 136 crore and over 85% of annual sales is
contributed by the animation division. But when they finally come up with the book-
value for the animation division, we expect a shock. Simply because, this company
with Rs. 136 crore of NAV on its books is available for Rs. 11 crore market cap
today, and still nobody is willing for a takeover. This, even when least resistance for
such a takeover is to be expected due to the tiny promoter stake of 2.60%. This clearly
shows the importance of `listening` to the omnipresent loud voice of the price, which
was there throughout the past several months. Investors generally ignore this nasty
voice and go for subtler, pleasing tunes humming beneath the din. It rarely works.
Investors may not make a killing by focusing on this nasty voice, but they will be
spared the deep pain. But by human nature it is a killing we are all after. Anyway, we
still don`t believe the Sanraa story is over, as they have beaten the odds twice before.
But participating in such a story is only attractive to one who enters the counter for
the first time when there is a clear buy signal. In other words, what is more important
is not buying cheap but buying safe. Here, even at this low level, such a safe buy
signal is missing:
Uma Karthikeyan
Producer Usha Venkatramani
A Venkatramani is Sanraa Media's President
Sanraa Media has announced that A Venkatramani has resigned from the board as
well as from the chairmanship of the company. Further, the company has announced
that G Sundaresan has been appointed as chairman of the company.
Beware of this Company .. Some news posted in GV Films message board ( Belongs to Sanraa Media
Management ) We wont know same thing can happen here too.. 07 Jul 2009 21:40 cheater company
Posted by : moneyman1973 Price when posted : BSE: Rs 1.90 ( -0.52 % )View full discussion The
Following are companies PROMOTED BY A VENKATRAMANI 1)KAASHYAP TECHNOLOGIES 2)GV
FILMS 3)RAM KAASHYAP INVESTMENT 4)SANRAA MEDIA (NON EXECUTIVE CHAIRMAN)the
promoter is a lady called UMA KARTIKEYAN who is another promoter of such crappy companies and is
probably related to VENKATRAMANI ... Cheater company Posted by : nimes Price when posted : BSE:
Rs 1.91 ( -4.98 % )View full discussion Respected Sebi Chairman, I have complaints several times
about GV Films to Sebi & Gv Films, but it seems that all my complaints are going to deaf ears. If you are
institution are serious about caring for small investors pls.take strong action against the company and
arrest the white collar thugs who are holding only 2.66% shares and siphoning the company reserves.I
have noted the above in my all complaints. Now See the actual results announced by GV Films and you
will see how the promoters are siphoning our hard earned money. GV FILMS F.Y RESULTS 2008-2009
1. Turnover :Rs. 940.30lacs 2. Expenditure :Rs. 2241.19lacs 3. ExtraOrdinary item Loss :Rs.
9712.61lacs 4. Total Loss declared :Rs.11953.80lacs 5. Public Hold : 97.34% 6. Promoters Hold :
02.66% You can smell fishy about the results on a turnover of Rs.940.30 lacs gvfilms have made
expenditure of Rs.2241.19 lacs above all they have debited extraordinary item loss to a whopping :
Rs.9712.61.this means that promoters holding 2.66% shares have siphoned public hard invested money
to the tune of Rs.11953.80 lacs during F.Y.2008-2009 I fail to understand the authentication of the
chartered accountant who have audited the balance sheet. Moreover GV Films have a Borrowed debt of
US$ 45,00,000 payable @ 118% premium on 19.04.2011 & debt of Euro 90,00,000 (34% Paid) payable
on 2012. All the above funds are used for promoters personal expenses disguised as goodwill &
unrecoverable expenses in companys books of A/c. GV Films is already in debt trap and if strict action
is not taken by sebi or any other authority as in the case of Satyam GV Films wil go bankruptcy in 1-2
years time. The Promoters have already made huge money it is the general investors who are suffering.
Pls. ask some responsible Company or Government to take the management of the company
immediately and arrest the white collar thugs(Promoters holding only 2.66% ) and recover all the money
they have looted. Pls.save the small investors who have invested there hard earned income. Unless
some stern action is not taken against the Promoters of GV Films the company the company will
wounded up in 1 to 2 years. CAN I EXPECT HELP FROM SEBI,moneycontrol site NOW.???? Gv Films
have not resolved my complaint as stated in there Audited results
Chairman A Venkatramani
Uma Karthikeyan
Executive Director
Sukumar Subramanian
Rajeev Agarwal
Director K Rajagopal
R Siva Shankaran
Company Secretary S Arul Ganesh
Balachandran Venkataraman
Director G Sundaresan
Vijay R Vakharia
Alternate Director S Krishna Kumar
Speaking at the launch, Chairman of Sanraa Media Limited, Mr. A. Venkataramani said, “Being a listed
entity and to give high value return to our investors, we will be continuously looking at expansion
through acquisitions and co-productions in India and abroad. We are focusing on companies with strong
IP creation base and with excellent international marketing tie ups.”
Director Strategy and Planning, Sanraa Media Limited, Mr. Sukumar Subramanian felt that the existing
co-production deals with companies abroad will further position its international services business
strongly for the future. “Sanraa Media Limited is looking at expanding its business by establishing
business units in UK & US. It is also in the process of tie-ups with strategic partners in UK for creating
new products.
Director Business and Operations, Sanraa Media Limited Ms. Uma Karthikeyan said, “With a model
which focuses on all aspects such as IP Creation, Technology and talent pool creation, Sanraa Media
sees a great opportunity for Animation Companies across the world. We have a very unique business
model in place and we are looking at achieving a turnover of around 100 crore in the next 3-4 years.”
Dear Sirs,
THE CORRUPTION IN OUR SOCIETY WILL NOT ALLOW COMMON MAN WHO EARNS
MEAGRE SALARIES THROUGH LEGAL MEANS TO SAVE FOR HIS/HER OLD AGE.
The common man who is not into corruptions wants to early some money for his/her old age
and when he/she goes through the legal route of making money, there also he has to face
hardships in the form of Companies who are listed with BSE/NSE and whose promotors
though take money from the public but in the end fill their own pockets. Many people have
invested in one such company Sanraa Media. Now this company listed with BSE vide BSE
Code 531312 is a small company whose share value has come down from Rs.1 to Rs.0.10
and though the promoters % as appearing in the BSE website is hardly 3%, the board and the
management now wants to hive off the profit making business which is also its core
business. We the small investors are left at the mercy of these company board and
management, FROM THE LOOKS OF THINGS, IT DOES NOT SEEM THAT SANRAA
MEDIA, BSE CODE 531312, MANAGEMENT AND BOARD is at all concerned about the
investors, and HIVING OFF THE ANIMATION DIVISION is an ulterior motive.
PLEASE READ COMMENTS FORM FEW INVESTORS WHO HAVE INVESTED IN SANRAA
MEDIA, LINK OF WHICH IS GIVEN - http://mmb.moneycontrol.com/stock-message-
forum/sanraamedia/comments/245117
Thanking You,
Concerned Citizen
All,
I have received the form today. I have noticed the following:
I HAVE SIGNED THE POSTAL BALLOT WITH “DISSENT” and will be sending
it through Courier.
Looking at the above, I personally believe that in the name of wiping out the liability,
Sanraa Medial Directors and other related will wipe out our Principal Amounts
invested by the RETAIL INVESTORS whereas it might wipe out the personal
liability of the Chairman, Board or other related people and those who have interest in
buying the Animation Division.