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Sanraa

Sanraa

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Published by hometypist

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Published by: hometypist on Apr 17, 2011
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04/17/2011

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1. sanraa@sanraamedia dot com2. Call up Sanraa Media at +91 044 429080003. Send a Fax at +91 44 429080204. Write to Mr. M. Damodaran (Scruitinizer), M/s M. damodaran & Associates, (UNIT) SanraaMedia Limited, New No.109, Old No.57, Kamalam's Park, 2nd Floor, R. K. Mutt Road, Mandaveli,Chennai-600 0285. Write to the Registrar at devasahayam @ gnsaindia dot comPlease note that give them 2 days to reply otherwise send a reminder. We have not note that asfare as possible they would prefer that lots of Ballot Paper goes missing and misplacedEnsure that your completed ballot paper reaches the Scrutinizer office by at least 30
th
April, 2011before 2.00 pmTurk,I believe this is as per the Company Law rules.There are lots of loopholes which companies use to their advantage when they want somethingto happen to their interest.Basically some things needs to be changed, like things like postal ballot should reach thereceipt 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 noteand 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 theydont.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 15days of deadline of receipt.4. The return address also the the scruitiniser is put alongwith the Postal Ballot Notice so that inthis 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. Thewhole company`s book value is Rs. 136 crore and over 85% of annual sales iscontributed 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 companywith Rs. 136 crore of NAV on its books is available for Rs. 11 crore market captoday, 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 clearlyshows the importance of `listening` to the omnipresent loud voice of the price, whichwas there throughout the past several months. Investors generally ignore this nastyvoice 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 bespared the deep pain. But by human nature it is a killing we are all after. Anyway, westill 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 buysignal is missing:
MATCH ACCOUNT 8500369274
A Venkatramani is Sanraa Media's President
Sanraa Media has announced that A Venkatramani has resigned from the board aswell as from the chairmanship of the company. Further, the company has announcedthat 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 MediaManagement ) We wont know same thing can happen here too.. 07 Jul 2009 21:40 cheater companyPosted by : moneyman1973 Price when posted : BSE: Rs 1.90 ( -0.52 % )View full discussion TheFollowing are companies PROMOTED BY A VENKATRAMANI 1)KAASHYAP TECHNOLOGIES 2)GVFILMS 3)RAM KAASHYAP INVESTMENT 4)SANRAA MEDIA (NON EXECUTIVE CHAIRMAN)thepromoter is a lady called UMA KARTIKEYAN who is another promoter of such crappy companies and isprobably 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 timesabout GV Films to Sebi & Gv Films, but it seems that all my complaints are going to deaf ears. If you areinstitution are serious about caring for small investors pls.take strong action against the company andarrest the white collar thugs who are holding only 2.66% shares and siphoning the company reserves.Ihave noted the above in my all complaints. Now See the actual results announced by GV Films and youwill see how the promoters are siphoning our hard earned money. GV FILMS F.Y RESULTS 2008-20091. 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 madeexpenditure 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 moneyto the tune of Rs.11953.80 lacs during F.Y.2008-2009 I fail to understand the authentication of thechartered 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) payableon 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 actionis not taken by sebi or any other authority as in the case of Satyam GV Films wil go bankruptcy in 1-2years 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 companyimmediately and arrest the white collar thugs(Promoters holding only 2.66% ) and recover all the moneythey have looted. Pls.save the small investors who have invested there hard earned income. Unlesssome stern action is not taken against the Promoters of GV Films the company the company willwounded up in 1 to 2 years. CAN I EXPECT HELP FROM SEBI,moneycontrol site NOW.???? Gv Filmshave not resolved my complaint as stated in there Audited results
ChairmanA VenkatramaniExecutive Director Uma KarthikeyanSukumar SubramanianDirector Rajeev AgarwalK RajagopalR Siva ShankaranCompany SecretaryS Arul GaneshDirector Balachandran VenkataramanG SundaresanVijay R VakhariaAlternate DirectorS Krishna Kuma
 
Speaking at the launch, Chairman of Sanraa Media Limited, Mr. A. Venkataramani said, “Being a listedentity and to give high value return to our investors, we will be continuously looking at expansionthrough acquisitions and co-productions in India and abroad. We are focusing on companies with strongIP creation base and with excellent international marketing tie ups.”Director Strategy and Planning, Sanraa Media Limited, Mr. Sukumar Subramanian felt that the existingco-production deals with companies abroad will further position its international services businessstrongly for the future. “Sanraa Media Limited is looking at expanding its business by establishingbusiness units in UK & US. It is also in the process of tie-ups with strategic partners in UK for creatingnew products.Director Business and Operations, Sanraa Media Limited Ms. Uma Karthikeyan said, “With a modelwhich focuses on all aspects such as IP Creation, Technology and talent pool creation, Sanraa Mediasees a great opportunity for Animation Companies across the world. We have a very unique businessmodel 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 EARNSMEAGRE 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 ageand when he/she goes through the legal route of making money, there also he has to facehardships in the form of Companies who are listed with BSE/NSE and whose promotorsthough take money from the public but in the end fill their own pockets. Many people haveinvested in one such company Sanraa Media. Now this company listed with BSE vide BSECode 531312 is a small company whose share value has come down from Rs.1 to Rs.0.10and though the promoters % as appearing in the BSE website is hardly 3%, the board and themanagement now wants to hive off the profit making business which is also its corebusiness. We the small investors are left at the mercy of these company board andmanagement, FROM THE LOOKS OF THINGS, IT DOES NOT SEEM THAT SANRAAMEDIA, BSE CODE 531312, MANAGEMENT AND BOARD is at all concerned about theinvestors, and HIVING OFF THE ANIMATION DIVISION is an ulterior motive. DONT KNOW WHETHER SEBI/BSE/NSE SHOULD BE KEEPING TRACK OFSUCH COMPANIES SO THAT INVESTORS ARE NOT LEFT HIGH AND DRY. THIS LETTER IS WRITTEN WITH A HUMBLE REQUEST THAT AT LEAST SOMEBUSINESS NEWSPAPERS WILL INVESTIGATE THIS COMPANY SANRAA MEDIA ANDBRING OUT THE TRUTH ABOUT ITS PROMOTERS, BOARD AND MANAGEMENT ANDWHY THEY WANT TO HIVE OF PROFIT MAKING BUSINESS AND WHETHER IT IS DONEIN THE INTEREST OF THE INVESTORS SO THAT WE THE RETAIL INVESTORS AREASSURED. PLEASE READ COMMENTS FORM FEW INVESTORS WHO HAVE INVESTED IN SANRAAMEDIA, LINK OF WHICH IS GIVEN -http://mmb.moneycontrol.com/stock-message-forum/sanraamedia/comments/245117Thanking You, Concerned Citizen
All,

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