Indian Accounting Research Analyst, Trudence Capital Advisors

Nitin Mangal

Nitin is founder of Trudence Capital with more than 15 years of experience in Indian equities. He is Pioneer of Corporate Governance and Accounting Research in Indian Market and has successfully developed product for Institutional Investors named as "Analysis Beyond Consensus" during his association with Edelweiss Securities Ltd, Mumbai.  Later during the career, he has worked with Veritas Investment Research Corporation, Canada as Asia Consultant covering Indian and US equities. He has been profiled by leading financial news papers such as Wall Street Journal, Financial Times, Business Standard etc.

Indian Accounting Research Analyst

<a href="https://www.smartkarma.com/entities/dalmia-bharat-ltd" target="_blank" data-smartkarma-citation="entities:15527:1" rel="noopener">Dalmia Bharat (DBEL IN) </a>had faced unwanted trouble in F19 where its mutual fund units had been sold by its depository participant without seeking their permission.The entire saga got dirty since the company had filed complaints with the police and SEBI. Fortunately, the police did manage to identify the suspect and as a result, filed a charge sheet against him. The report below provides a thorough understanding of the events and implication of possible outcome on the company. Our analysis is limited to the said matter only, we have not analysed overall company financials.<a href="https://www.smartkarma.com/entities/dalmia-bharat-ltd" target="_blank" data-smartkarma-citation="entities:15527:1" rel="noopener"></a>

Dalmia Bharat (DBEL IN) had faced unwanted trouble in F19 where its mutual fund units had been sold by its depository participant without seeking their permission.The entire saga got dirty since the company had filed complaints with the police and SEBI. Fortunately, the police did manage to identify the suspect and as a result, filed a charge sheet against him. The report below provides a thorough understanding of the events and implication of possible outcome on the company. Our analysis is limited to the said matter only, we have not analysed overall company financials.

Dalmia Bharat: Charge Sheet May Clear Clouds Of Doubt