Shares in the Indiabulls Group companies were dumped by investors following comments from India Against Corruption Activist Arvind Kejriwal that the group had investments from politicians.
Indiabulls Securities was down 7%, Indianbulls Financials was trading lower by 6.5%, Indiabulls Real Estate shed 9% and Indiabulls Power was down 5.5% on the Bombay Stock Exchange.
On Tuesday, Arvind Kejriwal in his second press conference had alleged that the group had investments from politicians.
Indiabulls Group has a networth of Rs 19,320 Crore & has a strong presence in important sectors like financial services, power & real estate through independently listed companies.
The firms have investments from Lakshmi Mittal and Harish Fabiani.
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