Sunday, August 2, 2009

Foreign nationals did buy shares and stocks in India

Foreign nationals did buy and sell shares in Indian companies. Image of original share certificates of many such companies are enclosed.

As per the certificates, the original allotees/holder were British nationals. The dates range from 1900 to 1963. Subsequently, these shares were sold to others but definitely it established that the foreign nationals esp British did participate in the stock market activity.




Alcock Ashdown & Co Limited

Originally, a British owned company , incorporated under the Companies Act of 1862.
It was originally owned by Turner Morison group and which went into liquidation, in mid 1970s.

One of the yards was situated atBombay next to Mazagon Dock Ltd. (MDL) engaged in ship building and ship repair and other engineering activities. The second yard was situated at Bhavnagar, The Company went into liquidation during the period 1969
to 1974 and was taken over by the govt in 1975
Share certificate dated 16th April 1963 in the name of John Leslie Boyer, Esq & Jeremy William Tait, Esq



The Howrah Sheakhala Light Railway Company Limited

Promoted under the Indian Companies Acts of 1882, the Company was part of the agency House Martin & Company, which later on became the Martin Burn Limited
Share certificate dated 2nd April 1900 in the name of Sir T C Mowden of Heyderabad

In case you need more information, please contact us through email - write to fund.tracers@gmail.com

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