KRBL shares fall 20% after ED arrests its Joint MD in VVIP choppers scam
Shares of KRBL declined as much as 19.51 per cent to hit an intraday low of Rs 191, before settling at Rs 202.60, down 14.62 per cent, on the BSE
BusinessToday.In | February 1, 2021 | Updated 18:56 IST
KRBL shares falls 20% on arrest of its Joint MD in VVIP choppers case
Shares of KRBL, one of leading basmati rice producer, has declined nearly 20 per cent in intraday on Bombay Stock Exchange (BSE) on Monday after its joint managing director Anoop Kumar Gupta was arrested in VVIP choppers case. The Enforcement Directorate (ED) arrested Gupta in connection with a money laundering probe into the over Rs 3,600-crore VVIP choppers purchase scam case.