S Kumars shares lose 5 per cent, hit 52-week low intra-day on fraud investigation - B

[FraudNews]

table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNEGHBSeFjvGWdODeZX8SH 4YfRsQVgamp;url=http://businesstoday.intoday.in/story/s-kumars-shares-hit-on-fraud-investigation-sept-4/1/187774.htmlimg src=//nt3.ggpht.com/news/tbn/H00Ija0rojoYUM/0.jpg alt= border=1 width=80 height=42 /br /font size=-2Business Today/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNEGHBSeFjvGWdODeZX8SH 4YfRsQVgamp;url=http://businesstoday.intoday.in/story/s-kumars-shares-hit-on-fraud-investigation-sept-4/1/187774.htmlbS Kumars shares lose 5 per cent, hit 52-week low intra-day on bfraud/b investigation/b/abr /font size=-1bfont color=#6f6f6fBusiness Today/font/b/fontbr /font size=-1S Kumars Nationwide, the textile major, saw its shares drop 9 per cent on Tuesday in view of complaints to the Serious bFraud/b Investigation Office (SFIO) about alleged violation of corporate governance and other norms by the company. The matter is being b.../b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?pz=1amp;ned=en_zaamp;ncl=dY7KT43HkBn2HSMnobrb and morenbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

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