The eight accused were tried inside Alipore Correctional Home owing to security reasons and were declared guilty of abduction for ransom by the additional sessions judge, Alipore Court, Arun Kiran Banerjee.
Quantum of sentence of the eight persons would be pronounced on Monday.
The eight persons found guilty are Mizanur Rahman, Mozammel Sheikh, Nayeem, Noor Mohammed, Dilshad alias Khalid Mehmood, Akhtar, Arshad and Jalal Mollah alias Omar.
The shoe baron was kidnapped in 2001 from C N Roy Road in Tiljala area in south-east Kolkata and was released after alleged payment of ransom.
A total of 68 witnesses were examined during the trial, he said.
The state CID, which investigated the case, had got the custody of these eight accused in 2010 and later and as such their trial in the abduction of the shoe baron was held after conviction and sentencing of five other persons who were arrested earlier.
Among those convicted in 2009 was Aftab Ansari, a death row convict in the American Cultural Centre (USIS) attack case of April, 2002.
The other four were Abdul Rahaman Akunji, Akib Ali, Sauqat and Harpreet aka Happy Singh.
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