8.5 Million Blue-Chip Shares On The Block

Explore Business Standard

Special court hands over unclaimed shares of 1991 scam to custodian
About 8.5 million benami shares of several blue-chip companies, including ACC, Reliance, Apollo Tyres and Ranbaxy Laboratories, will be put on the block soon. These shares are over and above those of Harshad Mehta and Hiten Dalal that were confiscated during the raids and searches following the 1991 stock scam.
According to government sources, the special court designated to hear the 1991 stock scam cases heard on Tuesday the custodian
First Published: Apr 10 2003 | 12:00 AM IST