JSW Group Shares Drop After Rape Complaint Against MD Sajjan Jindal

Brief by Shorts91 Newsdesk / 07:43am on 18 Dec 2023,Monday Business

Share prices of several JSW Group companies fell 1-2% on Monday after a rape complaint was registered against managing director Sajjan Jindal. As per the complainant, she first met Jindal in October 2021 and he started getting overly personal and forced himself on her after repeated unwanted advances. Jindal has denied the allegations and termed them false and baseless. He says he will provide full cooperation in the probe. The complaint was initially not registered by the BKC police station until ordered by a court. JSW Steel share prices were down 1.94%, JSW Holding by 1.63% by Monday afternoon following news of the complaint against the group's MD.

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