Sep 06, 2013, 12.59 PM | Source: CNBC-TV18
Anand Rathi has an exposure of around Rs 629 crore to NSEL, IIFL around Rs 326 crore and Motilal Oswal around Rs 263 crore.
Aastha Maheshwari (more)
Reporter, CNBC-TV18 |
These top 10 brokers account for around Rs 3500 crore investment via 800-1000 HNIs. The department has sought details from around 16 brokers all across the country. Anand Rathi has an exposure of around Rs 629 crore, IIFL around Rs 326 crore and Motilal Oswal around Rs 263 crore.
Anand Rathi has confirmed that about these investigations and that there were dialogues with the I-T department. Although it is saying that at that point of time there were no prop investments made by Anand Rathi particularly in NSEL. The department is seeking details on what is the amount of money that has been accounted for and if there has been some amount of unaccounted money which has been siphoned off.