Prudent’s Shah gets Sebi nod to gift shares to staff

Sanjay Shah wanted to distribute among 650 employees about ₹33 crore worth of shares of Prudent Corporate Advisory Services, India’s fifth-largest mutual fund distributor. The intended recipients included staff members engaged at his home. Sanjay Shah wanted to distribute among 650 employees about ₹33 crore worth of shares of Prudent Corporate Advisory Services, India’s fifth-largest mutual fund distributor. The intended recipients included staff members engaged at his home.  Economic Times