Saturday, July 4, 2020

Independent director accuses promoters of Rs 600-crore scam in listed optic fibre maker

Independent director accuses promoters of Rs 600-crore scam in listed optic fibre maker Promoters of Aksh Optifibre, a Delhi-based company, accused of creating a byzantine collection of shell companies, entering into undisclosed related party deals, and carrying out gold-plated imports. Independent director shoots letters to finance ministry and board calling for forensic audit.

from Moneycontrol Business News https://ift.tt/2VOkdwC

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