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Follow on Google News | After Ten Years Of Wait, Dr. Rajan Mahtani Announced Majority Shareholder Of Portland CementBy: Dr. Rajan Mahtani Since this decision was controversial, Dr. Rajan Mahtani then approached the Court of Appeal. The judge at the Court of Appeal was justice Mwinde who gave the final decision on 31st January 2019. As per this final decision, Dr. Rajan Mahtani owned Finsbury Investments owned 58 percent shares at the factory and is the majority shareholder of the Zambezi Portland Cement. On the other hand, Ventriglias owned Ital Terrazzo Limited holds just 42 percent shares at the factory and is the minority shareholder without any legal ownership over the factory. While giving this decision, justice Mwinde also said that the judge below him was wrong in declaring Ventriglias as only shareholders as this decision was misdirected and against the interest of the public policies. About Dr. Rajan Mahtani Website: http://drmahtani.com Dr. Rajan Lekhraj Mahtani is noted businessman, philanthropist and charitable person. He is owner of Mahtani Group of Industries and Finsbury Investment. He is also responsible for success of many other institutions such as Finance Bank Zambia and Zambezi Portland Cement. He has activity participated across various community, environmental and development activities. However, there are few individuals who always try to conspire against him. End
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