Gupta has confirmed filing the suit under Section 245 of the Companies Act, stating that more than 100 investors have already consented to take legal action to halt the delisting process. He mentioned that more investors are joining each day to support the legal battle.
ICICI Securities is bullish on Honasa Consumer has recommended buy rating on the stock with a target price of Rs 550 in its research report dated April 28, 2024.
Moneycontrol on April 28 had reported that a group of minority shareholders led by investor Manu Rishi Guptha have filed a class action suit with the National Company Law Tribunal or NCLT against ICICI Securities on the delisting plan
ICICI Securities is bullish on Zomato has recommended buy rating on the stock with a target price of Rs 300 in its research report dated April 26, 2024.