Forest Vincom News Today

It has been revealed after the arrest of Suraj Chokhani, the Indian connection to the fugitive promoters of the Mahadev app, that through a betting website, ‘skyexchange, Chokhani allegedly diverted Rs 423 crore (as on February 29) through companies under his directorship to stock portfolios. The ED suspects most of these were small and mid-cap stocks.

Tibrewala and his entities hold stakes in more than 30 listed stocks. All of them traded at the lowest price limit of the day following the news of Chokhanis arrest.