Sanjay Shah Company Company Corporate Consignment – Sebi Sanjay of the wiser to give Rs 33 of the employee actions, staff

Seating Vibula’s vibule scores of the Sanjay Sahah, Promotor of Mutual Distributors Distributors of Wisdom Distributors

According to a report in economic times, Shah Would you distribute Rs 33 of the actions for 650 engaged, which members including the staff in their home.

You are intending to give 1.75. Actions, that represents 0.4 percent of their party in prudent to their employees to celebrate 25 years in business. All recipients have worked with him and cautious three years old.

LTD LTD ltd ltd ltd ltd 1.45 per cent at Rs 1.897.15 in the trading of Wednesday. The billing on the counter has come to Rs 31.88 lakh, commanding a market capitalization (m-cap) of Rs 7,855.47 crore. Last checked on BSE, there are 3.592 Buy orders against Selling orders of 919 actions.

Shah told the financial day you wanted to surprise employees and make them feel the assessed members of the company.

However, the recipients of the gift used to be classified as members belonging to the Promoter group according to the titles of titles in India. However, Shah was not conversed this as you would affect the business promoter that maintains the structure and dynamic of control.

According to the Shah Report has approached the Promotor group exemption would have to dilute the value of the gesture and discourages the richness of wealth. Said the recipients did not meet the promoter criteria and actions were not intended for the staff of cautary claim. He also said that the situation has to deceive investors as to the promoter.

Sebi, after listening to arguments, exempt shah by regulations. Also dies that the exemption is specified to this case and should not be treated as previous.

Shah Holds about 42 per cent, valued at Rs 7.797 Crore, While His Two Daughters and Family Own 13 per cent.