SEBI keeps convicting Arun Jain of Polaris of Insider trading but what is the use !
What’s the use !.. for two clear reasons….justice delayed is justice denied …. & he may appeal this too!
Arun Jain keeps moving on in life !
In 2014 he demerged Polaris’ Products division to Intellect Design Arena which listed last year in December 2014 at Rs 50 to Rs 60 levels and in a lack lustre 2015 has raced away six times to Rs 300 + earlier this week and closed at Rs 284 today
In 2015 recently he,along with a few other shareholders sold their 53% stake in Polaris for Rs 1173 crs to US based Virtusa Corporation in what he has described as the most important decision he has made in his life
Who will continue having the last laugh !…..your guess would be right !