Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Google
Web www.equitybulls.com
Interesting Articles

| More

Kwality Ltd says shares of an investor offloaded fraudulently leading to stock price fall

Posted On: 2018-03-30 10:51:33

In a bizarre turn of events in the fall of shares of Kwality Ltd, the company has said that it has received notification from one of its director and investor that a Registered Broker (F6 Finserve Private Limited) located at 206, 2nd Floor, Sewa Corporate Park, MG Road, Heritage City, Sector 25, Gurugram, Haryana - 122022, offloaded fraudulently some shares of Kwality Limited in the market.

Google Review by User on F6 Finserve Private LimitedThe company also said that the investor informed them that the above mentioned broker is not traceable and absconding as their office is also closed. Repetitive calls to the broker is also not attended. The investor is in the process of initiating legal proceedings and police complaint against them.

The company said this in a notification to stock exchanges today.

The website of the said broker http://www.f6finserve.com/ shows a page not found and is down. There has been a review written against the broker in google 2 weeks back, says the broker will close down soon and requesting clients to check their DP accounts, as they have been selling all the stocks.

As per the MCA website, the brokerage firm was incorporated on Jan 27, 2005. Its authorized share capital is Rs. 100,000,000 and its paid up capital is Rs. 83,440,000.

The directors of F 6 Finserve Private Limited are Meenu Goel, Ruchika Goel, Pankaj Goel, Asha Sharma, Parveen Sharma, Sanjay Anand, Kavita Anand.

Shares of Kwality Limited was last trading in BSE at Rs.60.35 as compared to the previous close of Rs. 75.4. The total number of shares traded during the day was 3130721 in over 4751 trades.

The stock hit an intraday high of Rs. 63.5 and intraday low of 60.35. The net turnover during the day was Rs. 190368470.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

Anoop Moopen increases stake in Aster DM Healthcare Ltd to 0.17%

DSP BlackRock Small Cap Fund pares exposure to Indoco Remedies Ltd

Sachit Jain increases stake in Vardhman Special Steels Ltd to 0.13%

D-Link India Ltd's Director purchases 10,000 shares

Shashi Kiran Shetty acquires 20,48,058 equity shares of Allcargo Logistics Ltd

Relatives of Menon Bearings Ltd's promoters acquire 14,500 shares

Promoters of DCM Shriram Industries Ltd buys shares through market purchase

Promoter Group acquires 1500 shares of Suditi Industries through market purchase

Insider buys 2500 shares of Sunflag Iron & Steel Company Ltd

Goldman Sachs India Fund Ltd buys 279041 equity shares of Fine Organic Industries Ltd

Vintex Tools Pvt Ltd increases stake in Shakti Pumps India Ltd

Promoter buys 4,00,200 shares of Jain Irrigation Systems Ltd

Insider buys reported in SKM Egg Products, TCFC Finance, GMR Infra, Arcotech Ltd, Alkem Labs, Dhunseri Tea

Dr. Satyanarayana Chava acquires 305272 equity shares of Laurus Labs Ltd

Instant Holdings Ltd buys 45,434 shares of KEC International Ltd

Promoters of Century Plyboards India Ltd buy shares through market purchase

Lumax Finance Pvt Ltd acquires 2005 shares of Lumax Industries Ltd

Pradip Kumar Daga HUF increases holding in Deepak Spinners Ltd to 97334 shares

Cosmo Films Ltd's promoter buys 18,000 shares through market purchase

Aayojan Resources (P) Ltd buys shares of ATUL Ltd

IDFC Financial Holding Company Limited increases stake in IDFC Bank Ltd to 54.30%

Ranjan Jain increases stake in Syschem India Ltd to 18.72%

Plastiblends India Ltd's promoter increases stake in company

Promoter Group increases stake in Jyoti Resins & Adhesives Ltd through market purchases

Pradip Kumar Daga HUF increases stake to 1.17% in Deepak Spinners Ltd

BG Advisory Services LLP raises stake in Centrum Capital Ltd to 0.47%

Shri Saurabh Bangur increases stake in West Coast Paper Mills Ltd to 2.36%

Jalgaon Investments Pvt Ltd buys 2 lakh shares in Jain Irrigation Systems Ltd

Pramod Maheshwari acquires 10323 shares in Career Point Ltd

Vatsal P Shah buys 1 lakh shares of Man Infraconstruction Ltd

Trident Corp Limited increases stake in Trident Ltd to 0.30%

G Vamsi Krishna buys shares of Visaka Industries Ltd

Rameshchandra Mansukhani purchases 17025 shares of Man Industries India Ltd

Promoter group acquires 15,000 shares of Cosmo Films Ltd through market purchase

Reena P. Bhagwati buys 9734 shares of Bhagwati AutoCast Ltd

Sachit Jain buys 5,000 shares of Vardhman Special Steels Ltd

Lumax Finance Pvt Ltd purchases 2000 shares of Lumax Industries Ltd

The Hindustan Times Limited buys 10,000 shares of Chambal Fertilisers

Williamson Financial Services Ltd buys 15,000 shares of Eveready Industries India Ltd

Jigar Mehta purchases 5000 shares of Onward Technologies Ltd

Promoter buys 372 shares of MRF Ltd through market purchase

ENAM Securities Pvt Ltd buys shares of Tube Investments of India Ltd

Maharashtra Seamless Ltd's promoter buys 9760 shares through market purchase

Promoter group of Raymond Ltd buys shares through market purchase

Centrum Capital Ltd's promoter group entity buys 1,19,000 shares

Promoter buys 12055 shares of Man Infraconstruction Ltd on June 22, 2018

IDFC Financial Holding Company Ltd raises stake in IDFC Bank to 54.10%

Promoter of Vardhman Special Steels Ltd acquires 10012 shares through market purchase

Ashok Motilal Katariya buys shares of Ashoka Buildcon Ltd

SM Venkatachalapathy buys 6,000 shares of SKM Egg Products Export India Ltd





Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2018