The Motwani family is a family that CHEATS TOGETHER)had been caught MULTIPLE TIMES by SEBI AND THE POLICE in criminal fraud cases and has tried its hand at manipulation again
Im sure they have more then one benami company and probably “own” quite a few more companies like indo bonito multinational
Heres how the motwani family is associated with indo bonito multinational
http://articles.timesofindia.indiatimes.com/2010-10-29/mumbai/28269388_1_mstc-gold-traders-gold-consignment
http://articles.economictimes.indiatimes.com/2010-10-30/news/27628660_1_jewellery-exporters-mstc-space-mercantile
http://articles.timesofindia.indiatimes.com/2010-10-29/mumbai/28263718_1_gulraihna-oomer-space-mercantile-indo-bonito
(see the part about a vinod motwani being the “owner” indo bonito multinational )
Heres the family
Suresh G Motwani married to Anupama Motwani
Suresh Motwani has 2 brother in laws Gopu Belani and Suresh Hemwani
Vinod G Motwani married to Sangeeta Motwani
Kishore Motwani married to Rita Motwani
Interesting all 3 wives were associated with the scams by sebi as were the borthers in law
Here are SOME of the Motwani companies
Source http://www.watchoutinvestors.com/search_new.asp?comp_name=MOTWANI¤tPage=2&prevsrch=MOTWANI&type=P&search=L&prevtype=P&prevsearch=L
Roofit industries ltd.
Sun earth ceramics ltd
New bharat builders (bombay) pvt ltd
Mayfair realtors pvt ltd
May fair paper & boards pvt.ltd
M’belle international pvt ltd
jaydeep investments & trading co.pvt Ltd
habiscus investments pvt.ltd
onlooker investments pvt ltd
Ami impex
Wada arun asbestos products pvt.ltd
veegee holdings & finances pvt ltd
Auto investment pvt.ltd
D P export enterprises (india) pvt.ltd
Jalmadhu corp.pvt.ltd
Motwani enterprises pvt.ltd
Vynex chemical engineering (bombay) pvt.ltd
Sebi and other regulators courts orders against the Motwani family
http://www.watchoutinvestors.com/Press_Release/sebi/2006093.asp?cntrl_no=COMP2028
http://www.watchoutinvestors.com/Press_Release/sebi/2006093.asp?cntrl_no=COMP2029
http://www.watchoutinvestors.com/Press_Release/sebi/2006093.ASP?cntrl_no=COMP2030
http://www.watchoutinvestors.com/press_release/drt/1275.jpg
http://www.watchoutinvestors.com/Press_Release/sebi/noncisdata1.pdf?cntrl_no=COMP4498
http://www.watchoutinvestors.com/press_release/drt/1399.jpg
http://www.watchoutinvestors.com/Press_Release/sebi/noncisdata1.pdf?cntrl_no=COMP4498
see entry nos 105 291 292 293 295 297 298
News articles on the motwani family fraud cases
Connected to 2003 fraud in roofit and sunearth cases
http://cities.expressindia.com/fullstory.php?newsid=52179
Cheating small FD depositors in the roofit matter
http://www.indianexpress.com/oldStory/23857/
The motwanis debarred / restrained from associating with / accessing capital market / till 2009
So they “amalgamated” one of their many benami companies Bonito impex with indocastle a company which was owned by a Mr S K Jain which may or may not have been a benami company ….. but its very difficult to believe that sk jain didn’t know about the real ownership of bonito impex
http://www.bseindia.com/qresann/news.asp?newsid={10B6D49A-F8A1-4A04-8403-E04A867D1FD9}
13 August 2008
Indo Castle Multimedia Ltd has informed BSE that the Company will hold 14th Annual General Body Meeting for Financial Year 2007-08 before December 31, 2008.
The Company has made an application for the same with Registrar of Companies, Mumbai, for extension of AGM, as the Company is proposing the amalgamation of Bonito Impex Pvt. Ltd with Indo Castle Multimedia Ltd.
Source http://www.directorsdatabase.com
Subhabrata Sudhansu Datta was bought in as an “independent director” B.om./ a.i.c.w.a.(associate icwa)/ a.c.i.m.a./ m.b.a Graduated from P.D.Lions College, Mumbai in the year 1987, completed Cost Accountancy in the same year. Completed MBA from Webster University, St. Louis in 1989 and Chartered Management Accountancy from London in 1989.
S R Pandian B.com. he is having 8 years experience in hte line of ceramic tiles and builsing matrials. after working with hte ceramic tiles industry , he joined bonito impex pvt. ltd. in the business of trading of ceramic tilesand became a director in the company.he looks after the operational finance and procurement of goods.
MA Rajangam graduate diploma-electrical engineering/ graduate diploma-office automation he has more than 20 years of experience in the building material industry. after gaining 20 years experience , he joined bonito impex pvt. ltd.. he looks after commercial aspects and procurement of traded goods
THE share price is down from 10 odd to 4 but now someone is rigging it like crazy there are buy orders of 11-15 lakhs which means someone is actually putting down 55-60 lakhs to rig up this fraudulent company
The king of microcaps Hitesh Ramji Javeri has 1 percent here
4 comments:
RK
I have gone through quite a no of shareholding pattern of various micro caps.
Hitesh Ramji Javeri/Zaveri name is in quite a lot of them..
DO you have some more information on him... Is he a master stock picker or an operator.
Regards
Ansh
Hi Ansh
master stock picker or operator .......hmmmm good question
id define a master stock picker as someone who sees value BEFORE others do like jhunjhunwala and stays put UNTIL HE RAKES IN SUPERNORMAL PROFITS again like jhunjhunwala
this guy is involved in so many micro small and medium cap bulk deals that i dont think he gets the 1000-5000 percent gains great investors like pro mashelkar jhunjhunwala and Buffet make
so great investor no operator .... maybe since the stocks he gets in ussually have a dead cat bounce after he gets in
Dear Sir, I am a whistleblower in a Rs 250 Crore bank loans fraud by a gearless two wheeler maker Kinetic of Pune. It has taken me 1 year to get an FIR filed with EOW CBI mumbai in the case. One of the named persons in the FIR is also a Motwani. I would like to share the story with you. My email is kaps163 at gmail. Pl share your contact details.
SRRM Courier of cityexpressindia is another such scam.
Buy Crackers Online Ahmedabad
Post a Comment