Both Mankarachari and Ramehini have been arrested by the enforcement directorate. The allegation? Some form of money laundering. Now you have to ask, when you have a company that's in deep controversy, why would anyone invest in it? Just look at the shareholding pattern. In June 2018, retail folks who are invested less than 1 lakh rupees owned 5% of the company. But by June 2020, they owned almost 33%. They were being suckered into buying more of the company and they continued to hold on.

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