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An interesting new big New Shareholder in Indiabulls Real Estate

There’s an Interesting New Shareholder with over 1% stake in Indiabulls Real Estate

http://www.bseindia.com/shareholding/shareholdingPattern.asp?scripcd=532832&qtrid=58

Gauri Avinash Bhosale holds 2837252 equity shares constituting 1.1% of total equity.This is an investment of over Rs 86 crores at todays closing of Rs 305

She was not holding this as on March 31,2008.She is the wife of Pune based property magnate Avinash Bhosale who was in the news sometime ago when he walked through the Green Channel without declaring an expensive watch he had got with him and faces charges of evasion of Customs Duty etc.

Thanks RH for pointing this out.

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