Chapter 503 Initiative

"Oh no, boss." Sori hurried over to see Roden, "Cyrus wants to mortgage Tata Group's shares..."

Before he could finish, Rawdon raised his hand and interrupted, "I've seen the news."

This news was a big deal, and all major media outlets were reporting it. How could Roton not have seen it?

"In this case, Cyrus might be able to survive this crisis." Sori said unwillingly, "Damn it, I originally thought that if we didn't buy those lands, others would probably take action, and in this case, Cyrus would suffer heavy losses."

The mortgage of Tata Group shares is a mortgage of such high-quality assets that no one can refuse.

Therefore, in Sori's opinion, Cyrus will definitely be able to borrow a huge loan this time. With this money, he should be able to survive the current crisis.

Once the funding problem is resolved and the epidemic is over, the prices of those lands will definitely rise again and may even double or even multiply several times.

It can be said that Cyrus should have resolved this crisis.

Compared with the loss from selling the land at a low price, the interest on the mortgage is not worth mentioning at all.

This is what Sori didn't want to see, he wanted to see Cyrus get into trouble.

Hearing this, Rawdon couldn't help but burst into laughter.

Roton's smile made Sori a little confused.

However, he found that Roden didn't seem to care too much about the news.

This is not good news for them.

In Sori's opinion, after knowing this, Rotten would be angry, right? After all, he missed a good opportunity to strike Cyrus.

"They want to mortgage Tata Group shares, but it's not that easy?" Roton said after stopping laughing.

Seeing Sori's puzzled look, Roden couldn't help but explain: "The feud between the Mistry family and the Tata family has not been completely resolved. The Tata Group's shares have been frozen. How can they mortgage them if they want? This depends on the Tata family's intention."

Hearing this, Sori reacted.

He found that he seemed to have forgotten something.

Previously, the Tata family did not continue to put pressure on the Mistry family, which was a kind of reconciliation.

But this reconciliation is only superficial, and many issues remain unresolved.

All we can say is that these matters have been put on hold for the time being.

For example, the share freeze.

The Mistry family’s shares in Tata Group are still frozen.

Because of the freeze, selling and mortgaging are not allowed.

No matter what they want to do, they need the Tata family's approval.

Sori felt a little sad in his heart. Since the two families did not make much noise, most people thought that the conflict between them should have been resolved.

Actually, no.

Since Roton said so, Sori believed that the Tata family would definitely not agree to let the Mistry family mortgage their stocks.

He knew that Rotun and Ratan had a close relationship. As long as Rotun went to talk to Ratan, Cyrus' plan would most likely be ruined.

Of course, Sori felt that the Tata family would not easily let this go.

If I really forgive Cyrus completely, I will have completely resolved the past grudges instead of leaving them in this shelved state.

It can be seen that Cyrus really made Latan angry at that time.

In this matter, Ratan shouldn't let Cyrus have an easy time.

"If they can't mortgage these stocks, then they can only sell the land at a low price." Sori said, "The price will be very low and their losses will be great, but with this money, they should be able to solve the debt problem. It's still too cheap for Cyrus."

"Then let's lower the price. Even if we sell all the land, it's just to repay the debt." Roton said with a smile, "Then you can do this..."

As he listened to Roden's idea, Sori's eyes became brighter and brighter.

"Boss, just wait and see." Sori said with a smile.

What a brilliant idea Rowton had.

He had long disliked Cyrus.

Now is the chance to humiliate him.

Of course, the main thing is to strike at the Mistry family.

If they really want to transfer the land, Sori will cause trouble.

He wanted to keep the transfer price of the land as low as possible so that Mistry could not recover too much funds.

Although Sori still didn't understand why Rotun still didn't let him touch these lands, he chose to carry out Rotun's orders.

Although he couldn't take these lands, Sori was very happy that he could humiliate Cyrus.

After Sorey left, Roden called Natarajan.

"You know about the Mistry family's stock mortgage, right?" asked Roton.

"Of course, I was just about to call you and wanted to communicate with you." Natarajan chuckled and said, "Don't worry about what Mr. Ratan means. The Mistry family wants to use the stock mortgage, which is wishful thinking."

"That's good." Luo Dun smiled, "This way, we will be one step closer to these stocks."

Roden’s words made Natarajan’s heart skip a beat.

He knew about the Rodan Plan, and many other people also knew about this plan, such as Ratan, Mukesh and others.

Everyone approves of this plan.

That is, the Mistry family can no longer own shares in the Tata Group.

These shares were naturally divided among them.

Natarajan actually has some shares in the Tata Group, but the amount is very small.

Although it is much more than those retail investors, it is really negligible in terms of the total number of shares.

This time he participated in Roton's plan and will be able to get a lot of shares in the future.

It is basically impossible to buy so many shares under normal circumstances.

One is that he doesn't have that much money, and the second is that generally speaking no one would be willing to sell so many stocks.

Of course, he is very clear about his position. In this team, his share is actually a very small part.

The big guys here are Rodon, Mukesh and others.

Even so, it was already very satisfying for him.

This small share, if placed in the outside world, would be enough to drive countless people crazy.

After all, few people would sell such large shares of stock.

Like the Mistry family, they have been holding on to their shares and have never thought of selling.

"If they can't move the stocks, then they will definitely have to sell the land. I think you need to step in here," said Natarajan.

"What do you want me to do?" Rawdon asked.

"It's very simple. We just need to seal up Cyrus' real estate company." Natarajan said with a smile, "We will contact some of their creditors at that time. They will report the case to the police and accuse Cyrus of maliciously defaulting on the loan..."

"No problem." Luoton laughed and said, "His company is headquartered in Mumbai, so leave it to me."

This is what Rawdon wanted to do.

It was pretty much the same thing he had told Sori before.

That is to keep the land price on Cyrus' side as low as possible.

Natarajan has cut off Cyrus's financial support.

If his company was involved in such a dispute and once the company was sealed up, the lands would naturally not be able to be bought and sold freely.

If it is a free transaction, then Cyrus still has some initiative, such as bargaining with the buyer and selling the land at a higher price.

But if the company is seized and creditors come to collect debts, and the Mistry family still does not pay, then the lands will be auctioned.

Once the auction was held, Cyrus lost the initiative.

What’s more important is that these lands will be auctioned off, and the price will definitely be much lower than if Cyrus sold them himself.

Someone reported a case. As a Mumbai police officer, isn't it normal for Rodon to investigate the case?

The news about the Mistry family mortgaging Tata Group shares became a hot topic.

However, this topic did not last long and was soon covered by another piece of news.

The latest novel is published first on Liu9shuba!

That is, some banks came out and said that they could not lend money to the Mistry family.

The reason is that the Tata Group shares owned by the Mistry family are still frozen, so they cannot be mortgaged.

At this time, many people remembered that the two families had indeed fallen out a few years ago.

Later it was said that the two families had reached a settlement and there was no further news, so everyone thought the matter was over.

I didn't expect that the stock freeze issue has not been resolved.

Naturally, various media outlets will look for the parties involved to verify the news.

A spokesperson for the Tata family confirmed the news.

As for the person who interviewed Cyrus, he didn't even see Cyrus.

Cyrus locked himself in his room for several days and did not leave the room.

Of course he knew about the freezing of Tata Group shares, how could he forget it.

But in his opinion, he was just mortgaging it, not selling it, so the Tata family shouldn't say anything, right?

He had previously made a high-profile announcement and had the news media report it, in fact, he wanted to use public opinion to put pressure on the Tata family.

Because of the public opinion, the Tata family should not make a big fuss about this matter, right? Wouldn't it be better to let things take their own course? Unexpectedly, the Tata family did not care about the bad reputation of bullying the weak, and their plan to use stock mortgage loans went down the drain.

Or maybe it was Cyrus's self-esteem that was at work.

He was too embarrassed to discuss and beg for mercy with the Tata family.

Even if he did this, Ratan might not agree, but at least he should show some attitude.

The way he was now, Ratan would never allow him to use his stocks as collateral for mortgage loans.

The stocks cannot be mortgaged, and the most valuable assets of the Mistry family right now are the lands.

But if the land is transferred at this time, the losses will be too heavy.

Given the current situation, a 50% discount is probably the best outcome.

Because this topic was very hot, after Cyrus couldn't find anyone, some people came to Sori.

These media outlets were naturally well-informed and knew very well that Cyrus and Sori were not getting along.

After all, the two families had been fighting for a long time over the bidding for the land.

At the time, Cyrus was in the upper hand and was making all kinds of sarcastic comments about Sori.

Now that Cyrus has closed the door to visitors, many reporters want to hear what their opponent Sori thinks about this matter.

"You mentioned Mr. Mistry's financial difficulties. I think this is not a difficult problem for them to solve." Sori smiled after listening to the reporter's words.

"Now the Tata family does not agree with the Mistry family's stock mortgage plan, so the problem of tight funds is indeed difficult to solve. I wonder if you have any good ideas. Maybe you can give the Mistry family some advice." said the reporter.

"It's not a suggestion. I think they know what to do." Sori smiled. "The Mistry family is a century-old wealthy family. They have wealth that we can't imagine. I think they will have no problem paying off these debts with the family's heritage."

This statement made the reporters agree somewhat.

The Mistry family is indeed a century-old wealthy family. It’s impossible that it would be defeated so suddenly, right?

But they don’t know that more than 90% of the Mistry family’s wealth comes from Tata Group’s stocks.

There is really not much wealth in other areas.

Without the Tata Group shares, the Mistry family is just an ordinary wealthy family.

Judging from the scale of Cyrus's crazy borrowing some time ago, the rest of their family's wealth is indeed in short supply.

Especially during the last demonetization, the Mistry family had already suffered heavy losses, causing the family to lose a huge fortune, which made things even worse for their family.

Ordinary people have little idea of ​​the true wealth of wealthy families like the Mistry family.

Due to the extremely high status of the Mistry family, they may make a misjudgment.

That is, they tend to overlook the true proportion of Tata Group shares held by the Mistry family.

Of course, these things can only be known by those who are familiar with the Mistry family.

"Even if it's not enough, they have acquired a large amount of land before. As long as they resell these lands, even at a loss, I believe they can resolve this financial crisis." Sori continued.

"I heard that someone is interested in these lands and wants to buy them, but the offer is very low. The lowest is said to be only half of the auction price at that time," said the reporter.

After all, Cyrus took over a lot of land, and these lands made many people jealous.

While Cyrus is in financial crisis, some people are still tempted and want to take advantage of the opportunity to acquire the company.

As long as the price is low enough, there will be people who will buy it.

"Yes, I have also seen such reports." said Sori.

"So do you have this plan? To acquire these lands? If so, how much are you willing to pay?" a reporter asked.

"Make an offer?" Sori smiled.

"Half price?"

"Too high." Sori laughed.

"Is this still high?" The reporter was somewhat surprised. "Those lands are of very high quality."

"Yes, I admit that what you said is true. The land is in an excellent location, but the problem is that I don't want to take risks in the current situation." Sori sighed, "Who knows how long this epidemic will last? If I acquire the land and cannot start construction, the capital cost loss will be too great."

“I think this epidemic will end soon, right?”

"Can you guarantee it?" Sori stared at the reporter.

The reporter smiled awkwardly. Who can guarantee this? Judging from the current situation, everyone is pessimistic.

Because we don’t see any signs that the epidemic is under control now, and it’s getting worse.

"What you said makes sense. There are indeed great risks in purchasing land now. So, if you want to buy it, how much are you willing to pay?" asked another reporter.

"I think 30% of the original price. I'll consider it." Sori said with a chuckle.

The reporters were all speechless. Sori's offer was too generous.

That’s 30% of the original price. Cyrus is really going to bleed.

(End of this chapter)