Hindi
Pyramid Saimira smells foul play in Sebi letter
MUMBAI
Alleging that a letter issued about its open offer by market regulator Sebi (Securities
“Sebi confirmed to the company that they have not issued any such letter,” PSTL said in a statement.
PSTL said in a statement issued to press that the competitors and big business interests are behind the constant hammering of its share price, thus creating panic among its investors.
“We have asked Sebi, BSE, NSE and police to trace the whereabouts of the letter. The CBI will also be included since there is evidence that a government‘s letter head has been forged by concerned parties,” said PSTL.
In the last few days, the company‘s scrip was active, on news of Sebi asking the company to go for an open offer, which the company denied on Monday. Early Tuesday morning, PSTL promoter, chairman and MD PS Saminathan said the company had received a letter from Sebi, asking to make an open offer to buy 20 per cent in the company at Rs 250 per share within 14 days.
Later in the day, the company said the open offer letter was forged and that Sebi confirmed the same to them.
In October, Saminathan bought a 25 per cent stake in the company from two promoters – NC Ravichandran and Nirmal Kotecha – for about Rs 1.4 billion at Rs 200 per share. As a result, Saminathan‘s personal holding in PSTL reached up to 46.8 per cent or 13,258,575 shares of the total paid up capital. The market price of PSTL was Rs 60 per share at that time.
Saminathan called for an investigation, saying the company‘s price counter since June 2008 did not reflect its fundamentals.
Hindi
Rashmika Mandanna, Shanaya Kapoor and Naila Grrewal climb IMDb’s Indian celebrity rankings
Upcoming films and returning shows are driving fan interest across Bollywood and streaming
MUMBAI: Bollywood’s popularity contest has a new weekly scorecard, and the numbers are telling. IMDb’s Popular Indian Celebrities list for this week places Shanaya Kapoor at number six, buoyed by buzz around her film Tu Yaa Main. Naila Grrewal slots in at seven on the back of the returning comedy series Maamla Legal Hai, while Rashmika Mandanna climbs to eighth, riding mounting anticipation for Cocktail 2.
The list, available exclusively on the IMDb app for Android and iOS, tracks trending Indian entertainers and filmmakers each week, drawing on data from more than 200m monthly visits to the platform worldwide.
Further down the rankings, Raaka is keeping two of its biggest names in the spotlight. Deepika Padukone holds 11th position, with Allu Arjun close behind at 13th, as the film continues to find traction with audiences.
The list offers fans a weekly pulse on who is breaking through, who is holding steady, and who is fading. It is a barometer as unsparing as the box office itself.
