In an exchange filing on Wednesday, the company said it had received emails dated March 14 from the BSE and NSE regarding freezing shares of 21 promoter entities. Patanjali Ayurved, the single-largest promoter shareholder with 39.4% stake, and Acharya Balkrishna are among the promoters whose holdings have been frozen.
Gold appears set for a rebound as it regains safe-haven appeal after US-Iran war selloff
Gold has recovered nine percent, signaling renewed investor and central bank interest. The precious metal is now positioned for further gains after market shocks. Lower