Varanium Cloud Limited Rights Issue (Varanium Cloud Rights Issue 2023) Detail

https://economictimes.indiatimes.com/prime/corporate-governance/streamcast-story-rolta-link-mismatched-numbers-defogging-the-haze-around-varanium-cloud/primearticleshow/105048748.cms

The company declared 3 interim and 1 final dividend so far. But, I've not received so far even a single time out of these 4 declarations. Any one received the dividends so far????

Have you guys received the dividends as declared by Varanium?

So far as I inderstand, the final dividend of 3.5/ share was approved but still not paid..

Dividend still not recd inspite of all the backlash and clarifications by promoters.

The partial share of the Varanium cloud is listed today. Has anyone been able to sell their shares? The lot size is 1200. How to sell 400 shares.

But, it shows trading took place. Lot was 1200.

Are u ready to transfer 200 shares? I'm ready to buy

I need 200 PP shares,if any one ready to transfer please reply back

Will lot size of PP shares going to reduce?

Logic behind keeping 1200 lot size is unthinkable.
The only point come to my mind is that no one (most of us) should be able to sell this PP. Only, insider (promoter proxies), who had previously knowing everything, should empty their kitty.
Though, the LoO say subsequent call to be within 3 months but I doubt it won't come unless the price crashes to extreme. For that they will wait for year also.

Still shares not credited in my account..???
Does anybody facing this problem..???

They have different ISIN and as CLOUDPP

Full allotment to all upto 2000 shares applied and may be more than that irrespective of rights entitlement. Enjoy a sthe share will not come below this even after listing. Rate has come down as all are selling after getting rights allotment. do not worry. This is for education purposes and not an advice. Take your own decision.

Where to check allotment status

@RITURAJ SINGH
Check mail sent by Big share for allotment cum refund advice on 16/10/23

Congratulations to All Allotees! please post once the dividend is credited to your accounts. Hopefully, now the company has ample funds. TIA

I have not received my RIghts issue and money is still blocked in my account, what to do, or where to check for allotment status

Entitled = 100
Applied = 1000
Allotted = 1000

Right issue board approved BOA ...as per letter uploaded on NSE portal...but still BIG share not showing status and also no impact in bank account.

@Sanchit Jain
Yes…👍 alloted total 2000x2= 4000 shares

I got full allotment of 4000 and credit to my account

RIGHT ISSUE RESULTS ARE OUT ??
PLEASE UPDATE

I was reading the letter of offer, and found following clauses:

42. You may not receive the Equity Shares that you subscribe in the Issue until 15 (Fifteen) days after the date on which
this Issue closes, which will subject you to market risk.
The Equity Shares that you subscribe in the Issue may not be credited to your demat account with the depository
participants until approximately 15 (Fifteen) days from the Issue Closing Date. You can start trading such Equity
Shares only after receipt of the listing and trading approval in respect thereof. There can be no assurance that the
Equity Shares allocated to you will be credited to your demat account, or that trading in the Equity Shares will
commence within the specified time period, subjecting you to market risk for such period.
43. There is no guarantee that our Equity Shares will be listed in a timely manner or at all which may adversely affect
the trading price of our Equity Shares.
In accordance with applicable laws and regulations and the requirements of the NSE, in principle and final approvals
for listing and trading of the Rights Equity Shares issued pursuant to this Issue will not be applied for or granted until
after the Rights Equity Shares have been issued and allotted. Approval for listing and trading will require all the
relevant documents authorising the issuance of Rights Equity Shares to be submitted. Accordingly, there could be a
delay in listing the Rights Equity Shares on the NSE. If there is a delay in obtaining such approvals, we may not be
able to credit the Rights Equity Shares allotted to the Investors to their depository participant accounts or assure
ownership of such Rights Equity Shares by the Investors in any manner promptly after the Issue Closing Date. In any
such event, the ownership of the Investors over Rights Equity Shares allotted to them and their ability to dispose of
any such Equity Shares may be restricted. For further information on issue procedure, please refer to the section titled
“Terms of the Issue” beginning on page 138 of this Letter of Offer.

Yes THEY ARE NOW.

Interestingly another rights issue that closed on 6.10.23 itself of Advik Capital gave BOA yesterday from Skyline. So, may be Varanium gives today.

Hello all, has anyone received the interim dividend yet? has anyone received the allotment of right-issue shares or their account has been debited? Please update. TIA

any update on right issue

Blockbuster resuls!!!
Two UC in two days.....
I think if it reaches 300 mark then it becomes equivalent to old preferential price. Let's see what happens then.

All RTA except Bigshare have user friendly sites which shows the right issue allotment also. This Bigshare site sucks.....

Only issue with this company is transparency.

You can sell Right issue shares as 100 share lot, company clarified

Going by the current price, even the listing of the partly paid up shares should be blockbuster..

any news about right issue allotment as money has not yet debited and tomorrow is listing date

Any update for allotment and what ratio they alloted...?

Any idea, is the allotment done??

I just checked my sbi account for any debit of Rights issue money but no debits till now