Prithvi Info Solutions: Second largest stakeholder denies investing in the company!
July 14, 2014
US-based Sarat Kumar Addanki, the second largest stakeholder of Prithvi Information Solutions, has made sensational allegations of fraud, mismanagement and possible identity theft against the promoters. He has complained to SFIO, SEBI, RBI and stock exchanges. Will they finally act against Prithvi?
Moneylife Digital Team
In an amazing set of allegations, Sarat Kumar Addanki, a US citizen and person of Indian origin (PIO), listed as the second largest stakeholder of the Hyderabad-based Prithvi Information Solutions Ltd (Prithvi), has denied buying or holding a single share of the company and accused the promoters of fraud, identity theft and worse.
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