I think @Akash_Lalwani is referring to Zenith company being allocated a large number of shares during the preferential issue. Thats definitely a concern.
My only counter argument is that (1) Preferential shares are allocated at 300rs per share so minority shareholders were not short changed. (2) Management gave a clarification that they do not know Zenith (3) To re iterate their commitment, Promoter bought shares during the downfall although thats considerably a low number of shares.
At this stage, there do not seem to be any more clarification other than share price continue to be down. Market may know something that not all shareholders are privy to. I sincerely hope that there is no issue. I am invested and holding it.
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