36 Lakh Investors SHELL-SHOCKED
The Securities & Exchange Board of Indiaimposed restrictions on trading in 331 stocks have impacted 36 lakh investors. These include some affluent names such as Rakesh Jhunjhunwala, DSP Blackrock, HDFC Mutual, Reliance Mutual and UTI among domestic investors. Foreign institutions like Goldman Sachs, Fidelity, Blackrock and Smallcap World too are holders of some of these stocks. ET looks at the top five firms (by market cap) that figure on Sebi’s shell company list — J Kumar Infra, Prakash Industries, Parsvnath Developers, SQS India BFSI and Pincon Spirits.