CS Sameer Pakhali

Proud Member of ICSI | Company Secretary in Employment | Corporate Law Researcher | Corporate Consultant and Advisors. RTs not endorsement

[CS Sameer Pakhali @SameerPakhali]

@mahabank Our company has applied for internet banking. Application is processed by bank immediately but some technical error is there for removing old names of authorized signatory. Your good brach has mailed request to your IT support department but no response is received yet.

[CS Sameer Pakhali @SameerPakhali]

@theoliveranwar Meals

[CS Sameer Pakhali @SameerPakhali]

@theoliveranwar Meals

[CS Sameer Pakhali @SameerPakhali]

Eform INC-24 having SRN - AA7119867 Filed on 19/03/2024, still pending for approval. Raised ticked also. Still it is pending for approval.

Request you to approve the same at earliest. @HelpdeskMCA21V3 @nsitharamanoffc @MCA21India @PMOIndia

[Bill Clinton @NiranjanBinu2]

@wanderlust1587 @partha2019LS Brazeness is when you have to call a no confidence motion to bring the leader of the nation to give an adress to the parliament.
Brazeness is when a video showing absolute horror and inhumanity needs to be released so that the leader of the nation can utter the region's name.

[Gaju_G. @Gaju3112]

नेतृत्व थोडे कमी सक्षम असले तर चालते पण संवेदनशील असावे. आत्ममग्न निगरगट्ट राज्यकर्ते स्वतःच्याच धुंदीत असतात त्यांना जनतेचे कितीही वाईट हाल होत असले तरी काही घेणेदेणे नसते.यासाठी विचारपूर्वक मतदान करायचे असते. ते आपण करणार नसू तर आपले हाल होत राहतील.

[G K AGARWAL @ipo_agarwal]

NSDL IPO - 389 Pages DRHP is Really Worth Reading if Time Allows You to do so.

If Time doesn't allow then here is All Important Summary from 389 Pages 👍

Name of CDSL Appears 122 Times in DRHP & Why it Shouldn't as it is the Only Available Peer.

Now let's talk Every Important Aspect Pointwise

Point I - Shareholding Pattern

• NSDL is a No Promoter Company & as on DRHP Date, There are 76 Public Shareholders

•• Top 12 Shareholders hold 93.33% Stake in the Company

••• Out of These 12, Half the Number is Reducing their Stake while half to remain as it is

Point II - Listing Deadline
• SEBI's In Principle Approval Require it to list before 13, April, 2024

•• Company's Principal Shareholders IDBI Bank & NSE are Required to Dilute their Stake in NSDL on or Before Gandhi Jayanti i.e 2nd October, 2023

Point III - Company's Segmental Growth & Degrowth
• Depository Revenue dropped from 71.77% of Total Revenue in 2021 to 40.03% in 2023

•• Revenue from Banking Services Jumped from 13.59% of Total Revenue in 2021 to 52.91% in 2023

••• Database Management Revenue Dropped from 14.64% in 2021 to 7.06% in 2023

Point IV - Most Interesting NSDL v/s CDSL as on 31 March, 2023
• NSDL Number of Demats 3.15 Crore while CDSL 8.30 Crore

•• NSDL Revenue 1,099.81 Crore While CDSL Revenue 620.94 Crore

••• NSDL PAT of 234.81 Crore v/s CDSL PAT 275.96 Crore

•••• NSDL EPS 11.74 Per Share v/s CDSL EPS 26.41

Point V - Few Interesting Points
• T+2 Settlement was Started in 2003 & T+1 Settlement Started in 2023, Twenty Long Years

•• Equity Investment in India is just 1.90% of Overall Household Financial Assets, Long way to Go👍

••• As on 31 March, 2023 Total Unlisted Companies at NSDL is 31,245 while 12,623 at CDSL

•••• Total Number of Demats Expected to reach 18 Crore in FY 2027 from 11.45 Crore in FY 2023

One Area where NSDL has big Edge over CDSL is FIIs, 99.99% of FII Holding is through NSDL

Note : All Figures are taken from NSDL DRHP Filed on 7th July, Some Typing Error Possible

[DR.K.S.RAVICHANDRAN @KSRLAW]

#CA or #CS or #CostAccountant any other person who advises irrespective of profession must be liable under #PMLA or any other law if they are engaged in frauds or illegalities or aiding or abetting non contraventions. Therefore this requires amendment. @FinMinIndia @nsitharaman

[Mind Essentials @Mind_Essentials]

10 Powerful Visuals About Psychology & life

Thread |

1.

[Sam Saifi @iamsamsaifi]

6 visuals that will teach you the scary truths about life:

1)

[FinancePost.in @financepost_in]

ICAI has released a revised Guidance note on Tax Audit u/s 44AB.

Download the Guidance Note - https://t.co/fi8pxaD8nY

Source - @theicai

#taxaudit #clause44

[CS Sameer Pakhali @SameerPakhali]

Treat people with respect and honour. Never mind how they choose to treat you. Don’t stoop to their level. Treat them with love and kindness. Why should you? For a simple reason that what you do will find its way back to you. The Almighty will make sure it does.

[CA Chirag Chauhan @CAChirag]

GST officers are literally calling clients to visit them in case of registration or changes in registration or else!

The motive is clear - small bribe to get work done

RT if you too have faced it

@cbic_india should stop allowing visitors to department and make it faceless

[Chahat Hussaini !!! @ChahatHussaini7]

किसी की फितरत नहीं बदल सकते हैं आप,

प्याज प्यार से भी काटो तो आंसू निकल आते हैं ।।।

[PIB in Tamil Nadu @pibchennai]

வழக்குகளைக் குறைத்தல், நிலுவையிலுள்ள வரி தாவாக்களுக்குத் தீர்வு காண்பதற்காக நேர்முகவரி சர்ச்சையுடன் நம்பிக்கை சட்டம், 2020 இயற்றப்பட்டது. தாவாக்கள் தீர்வுக்கு ஒட்டுமொத்தமாக 1,32,353 அறிவிப்புகள் பெறப்பட்டன. ரூ.99,756 கோடி வரி நிலுவைகள் இதில் அடங்கும்.
#VivadSeVishwas

[Prof. Feynman @ProfFeynman]

It's Okay to say "I don't know!"

There's no shame in that! The only shame is to pretend that we know everything.

[Deep Note @1DeepNote]

51 Deep Rumi Quotes

=Thread

[Fundamental Investor ™ 🇮🇳 @FI_InvestIndia]

My Basic Checklist for Health Insurance (Agree to Disagree):

- Claim Ratio > 90%
- Quick Approvals < 30 min
- Day Care Treatments
- No Capping on Room
- Multiple Restoration of Sum Insured
- Min co-pay after 60
- AYUSH Benefits
- Non Consumables

#FI