Not alone12 Dec 2019 09:26
Equities %
Future Lifestyle Fashions Limited 57,876,600 14.4%
HT Media Limited 52,440,000 13.0%
Waheed Alli 43,699,218 10.9%
Dragon Asia Holdings Pvt Ltd. 28,500,000 7.09%
Bank Julius Bär & Co. AG 27,380,000 6.81%
Michinoko Ltd. 19,617,805 4.88%
Hargreaves Lansdown Stockbrokers Ltd. 16,232,000 4.04%
Ruffer LLP 15,625,000 3.89%
Anant Nahata 12,109,688 3.01%
BNP Paribas Asset Management Singapore Ltd. 10,400,000 2.59%
i don't believe Ali has acted alone in this as Biyani the major shareholder i'm sure would have something to say about it, he's not going to let Ali just take his money unless there is a way he will get it back in the future,
Also can't believe his Daughter wouldn't have known what's going on ,
I think this was planned by them both to get rid of the shareholders.
As shareholders we owned the company not Ali and as the third largest holder he did not
have the right to act as he did without the majority of shareholders permission,