In today’s briefing:
- Promoter Family Feud and Fund Diversion : A Rare Saga of Governance Issue at Ganesh Benzoplast
Promoter Family Feud and Fund Diversion : A Rare Saga of Governance Issue at Ganesh Benzoplast
- GBL was touted as a turnaround story as few investors have shown faith by infusing the funds for further expansion
- In a rare instance, one of the promoter member fraudlently took the loan of 45 crores in the name of the company
- What lies ahead is the case possible fund diversion and promoter family feud