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tdpsl: Karnataka High Court stays transfer of 2 51 cr shares of TD Power System Ltd

The High Court of Karnataka has prevented the chairman of TD Power System, along with others, from transferring over Rs 555 crore worth of shares in the company. The good faith of Mohib Nomanbhai Khericha, a family friend of the chairman, Nikhil Kumar and TD Power s and Khericha s company, Sapphire Finman Services, has been called into question in relation to the sale of shares.

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Karnataka HC stays transfer of 2 51 cr shares of TD Power System Ltd

The court passed the interim order on a petition by Vijay Ravindra Kirloskar, the chairman of city-based Kirloskar Electric Company (KEC) who founded TDPSL | Bengaluru News

Arya sankaranSofial mohib khericahNikhil kumarMohib nomanbhai kherichaLavanya sankaranSagir mohib kherichaVijay ravindra kirloskarTd power systemsKirloskar electric companyTd power system ltdMs charted capital investmentNational stock exchangeHigh courtMs td power systems ltdBombay stock exchangeMs saphire finman services

K taka HC stays transfer of 2 51 cr shares of TD Power System Ltd

The High Court of Karnataka has restrained the chairman of TD Power System Ltd (TDPSL) and several others from transferring shares worth Rs 555 crore of the company. The court passed the interim order on a petition by Vijay Ravindra Kirloskar, the chairman of city-based Kirloskar Electric Company (KEC) who founded TDPSL in 1999. Kirloskar along with the several KEC Welfare

Sagir mohib kherichaVijay ravindra kirloskarMohib nomanbhai kherichaNikhil kumarArya sankaranLavanya sankaranSofial mohib khericahBombay stock exchangeSupreme courtMs td power systems ltdKirloskar electric companyNational stock exchangeHigh courtTd power system ltdMs saphire finman servicesTd power systems

Vijay Kirloskar moves Karnataka High Court to stop sale of 2 51 crore shares worth ₹555 crore

Vijay Kirloskar moves Karnataka High Court to stop sale of 2 51 crore shares worth ₹555 crore
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Mohib nomanbhai kherichaNikhil kumarVijay ravindra kirloskarHigh courtKirloskar electric companyTd power system ltdBengaluru based kirloskar electric companyCommercial court

Trade setup for Monday: Top 15 things to know before the opening bell

Rupak De, Senior Technical Analyst at LKP Securities, says that the recent upswing in the Nifty index indicates a robust bullish reversal after a period of consolidation.

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