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Prudent CMD gifts Rs 34 crore in shares to employees and personal staff

  • Sanjay Shah, CMD of Prudent Corporate Advisory Services, has gifted equity shares worth Rs 34 crore to 650 employees and personal staff as a token of gratitude.
  • The share gift involves 175,000 equity shares, representing 0.4% of Shah's stake in the company.
  • The move has received necessary approvals from SEBI, enabling the share distribution.
  • Shah's gesture has been widely praised as a significant example of corporate recognition and appreciation.

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