Jyoti Structures is hitting the Upper Circuit in the last two days.
It was in the news recently for getting a bid from a bunch of HNI investors for taking over the company under India’s Insolvency and Bankruptcy Code.
What is strange is that this key development, which has the potential to wipe out existing shareholders, has not been reported to the stock exchanges
Quite ironic that investors are being kept in the dark when the name of the company is Jyoti i.e. Light