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SumanSpeaks Capital Markets & Geopolitical Intelligence  ·  Estd 2006   Insolvency Law · Corporate Accountability When the Law Works Exactly as Designed — And Still Feels Wrong ₹22,006 crore in personal guarantees. Settled for ₹6.5 crore. Approved 80.81% to a minority that included two public sector banks — with the tribunal's own bench divided before a tie-breaking member stepped in. Subhash Chandra (Goenka), founder of the Essel Group and promoter emeritus of Zee, has settled a personal guarantee liability of ₹22,006 crore for ₹6.5 crore. The National Company Law Tribunal approved the plan this week. The case began small. In 2022, Indiabulls Housing Finance — now Sammaan Capital — moved against Chandra over a personal guarantee on a ₹170 crore loan to Vivek Infracon. By the time the insolvency plea was admitted in 2024, admitted c...
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Market Mantra
My recommended A2Z Maintenance and Engineering Services Ltd moved to Rs.19.40. This is the scrip where the big bull Rakesh Jhunjhunwala holds around Rs.18.03 % stake.
The morning speculative call Glodyne Tech Ltd at Rs.12.50 hit the upper freeze in the mid afternoon trade and is now locked at Rs.12.78. 
Buy SAIL (Steel Authority of India Ltd) at Rs.63 for a target of Rs.69-70, in the next few trading sessions. The Cabinet may today take up a proposal to allow the company and Rashtriya Ispat Nigam to directly charter ships to import coal and other raw material.  
Morning Intra-day call HDIL at Rs.58, gave good returns to the Paid Members as the scrip touched Rs.60.20. 
My earlier recommended Adani Port Ltd at Rs.151 today, touched Rs.161, after a spectacular Q4FY13 results. 
My recommended Eros International Media Ltd touched Rs.168.65. The scrip should give decent returns over a period of time.
SKS Microfinance Ltd has fallen to Rs.121.60 may be due to some operator action, as there is no reason for the fall after such a scintillating Q4FY13 results and equally good guidance for the FY14. You should accumulate the scrip in all declines for a target of Rs.141-142. 

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