Rakesh Jhunjhunwala acquires 16% stake in Topsgroup
13 Jun 2005
Mumbai: Mumbai stockbroker and investor Rakesh Jhunjhunwala has acquired a 16 per cent stake in Tops Security Limited. Jhunjhunwala has also come on the board of directors of the Company.
According
to. Jhunjhunwala, "TOPS growing at a rapid pace of 40-50 per cent per
annum and has outpaced the industry growth rate of 20-21
per cent per annum. We always try to join hands with Companies who are leaders
in their field and have strong fundamentals. "
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