HDIL Falls After Report Says Case Filed On Mumbai Unit For Fraud

Gold Silver Reports (GSR) – HDIL Falls After Report Says Case Filed On Mumbai Unit For Fraud — Shares of the Mumbai-based real estate developer fell as much as 7 percent to Rs 41.40 after Maharashtra’s housing authority accused Guruashish Construction, a subsidiary of HDIL for selling chunks of its land to other developers and failing to build 3,000 flats for public housing, The Times of India newspaper reported.   

The economic offences wing (EOW) of Mumbai police has registered an FIR against Guruashish Construction, the report added. – Neal Bhai Reports (NBR) INDIA

Spread the love

Neal Bhai has been involved in the Bullion and Metals markets since 1998 – he has experience in many areas of the market from researching to trading and has worked in Delhi, India. Mobile No. - 9899900589 and 9582247600

Leave a Comment