NIFTY 50

The Odisha Cement mystery: Mutual Fund units worth Rs 344 crore vanish

Updated : February 28, 2019 04:13 PM IST

In a statement on the exchanges last evening, the company said that certain mutual fund units were “illegally transferred” from the demat accounts of its erstwhile units OCL India and Dalmia Cement East.
Mirroring the stock, shares of Odisha Cement plunged 5 percent intraday on Thursday.
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV