kalwani 2329 days ago

1) Cairn is deceptively doing the BUYBACK (BB) ofits stock??

2) That Elango left cairn with heavy heart bec of above?? In that Cairn's Anil Agarwal (AA)

is bribing NSDL MD Gagan Rai and other staff and that of NSE/SEBI etc to BB the shares from

the promotors PLEDGED shares, by misusing the demat account procedure with help of bribed NSDL

officials. It is clear that there are not much shares available with ordinary public; FIIs,

NRIs and HNIs bought cairn stock four years ago at US$8 when the US$1=INRs46 plus add US$4 interest for four hears they have been holding the stock thus their cost is US$12=INRs 760 and they won't sell at Rs335 to AA That means the only way left for him to complete the BB is take the shares from pledgee with full knowledge of the bribed NSDL officials and donot keep the history of the shares taken from pledgee

(history will be deleted upon completion of the buy back to hide that the stocks came from AA's pledged holdings)

When the BB is complete record at NSDL will be UPDATED showing no history or fake history and BB shares extinguished and

in effect AA not only completing the BB but also pocketing the BB funds bec shares came from no where to who AA ever paid anay money to BB. I had a similar experience

when I filed a complaint on 27 Jun 2012 with Sebi/NSE. I reapeatedly emailed

NSDL to supply me history of my demaat a/c and NSDL kept saying that We donot understand your query. 8 months later,complaint dismissed and it sent me

the history with virus