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Usha Martin feud: Rajeev did not abide by shareholders' pact, says Prashant

Responding to Rajeev Jhawar's offer that he was open for a settlement, Prashant said no such offer had been made

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Usha Martin Feud

Surajeet Das Gupta & Ishita Ayan Dutt  |  New Delhi/Kolkata 



Prashant Jhawar
Prashant Jhawar

The battle for control of the Usha Martin group has taken a new turn with Prashant Jhawar saying his cousin Rajeev has refused to implement the shareholders’ agreement signed between the two in 2009, under which he could demand executive powers in running the company and not remain just a non- executive chairman.

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First Published: Wed, February 07 2018. 05:45 IST

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