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Having the TaxMan as your fellow shareholder

I had blogged earlier as how PSU Banks owing equity stakes in companies are a red flag.

But it appears that there are some wonderful(!) companies out there which have the TaxMan as a significant shareholder !

Symbol Entity # of Shares % Date End
JVLAGRO Tax Recovery Officer 6 Kanpur 1700000 1.01 201406
MAGNUM LTD Tax Recovery Officer Range 9 Ahmedabad 71900 1.13 201406

Many Thanks to Vishal for pointing out Magnum Ltd

3 replies on “Having the TaxMan as your fellow shareholder”

lol

the taxmen dont buy shares. they are just attached in some cases where a person did not pay tax dues ( allegedly, in some cases :P)

here is one more:-

Symbol Entity # of Shares % Date End
Magnum Fincap Tax Recovery Officer Range 9 Ahmedabad 71,900 1.13 201406

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