What happened Moser Baer?
The company was ordered liquidated due to its bankruptcy on 20 September 2018. A forensic audit of the company’s finances found several irregularities in Moser Baer’s accounts on 26 September 2018. The Central Bank of India declared Moser Baer’s accounts as fraudulent on 20 April 2019.
Who is the owner of Moser Baer?
Deepak Puri
Deepak Puri is the founder, chairman and managing director of Moser Baer, which was liquidated in 2018 due to insolvency. Puri initially worked as junior executive with the oil company ESSO – in 1962 at Kolkata, and later with Shalimar Paints.
What happened to Moser Baer shareholders?
NEW DELHI: Leading stock exchanges BSE and NSE have decided to suspend trading in the equity shares of Moser Baer India, a manufacturer of CDs and DVDs, from October 11 following the commencement of liquidation proceedings.
What happened Lanco Infratech?
In August 2018, liquidation of Lanco Infratech was announced under the Insolvency and Bankruptcy (Liquidation Process) Regulations. According to documents in public domain, as of March, there were 52 secured and unsecured claims from financial creditors with Rs 54,258 crore admitted as claims.
Who is Moser Baer?
Moser Baer is best known as a manufacturer of digital storage media, such as optical discs, (recordable CD’s, DVD’s, and Blu-ray), flash media, (USB, SD/MicroSD, SSD) as well as other related materials. It was in 1999, that Moser Baer began focusing in earnest on optical discs.
What is the stock code of Moser Baer?
About Moser Baer (India) Ltd. Moser Baer is in the Computers – Hardware sector. It is listed on the BSE with a BSE Code of 517140 and the NSE with an NSE Code of MOSERBAER.
Is my Moser Baer flash authentic?
Moser Baer flash has been extensively tested and put through a rigorous quality control process to ensure accuracy and reliability. While the optical disc lines offer both the authentic Moser Baer media identification code (MID) and production methods for authenticity and consistency.
When did Moser Baer stop making floppy disks?
In 1993, Moser Baer transitioned to manufacturing 3.5-inch floppy diskettes. Moser Baer is best known as a manufacturer of digital storage media, such as optical discs, (recordable CD’s, DVD’s, and Blu-ray), flash media, (USB, SD/MicroSD, SSD) as well as other related materials.