Share market update: KRBL tanks 20% as ED arrests previous director in Agusta rip-off

INSUBCONTINENT EXCLUSIVE:
the Enforcement Directorate in connection with AgustaWestland helicopter scam. ED got fresh leads in the AgustaWestland helicopter scam,
which reportedly indicated that Khaitan played a key role in routing kickbacks to the beneficiaries
Anoop Kumar Gupta, Joint Managing Director, KRBL, however, clarified that the firm had nothing to do with the Agusta deal and Khaitan was
an independent director of the company from 2007 to 2013
Talking to ETNow, he said the investigations would not impact the company any which way
recovered a bit later and around 11:15 am, the stock was 14.14 per cent down at Rs 400.80
The BSE Sensex was 0.23 per cent down at 35,607.