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Mar 25, 2023 · Convict Balasaheb Bhapkar is the chairman of Sai Prasad Group companies. Along with him, the court sentenced five others, including a father and son, to jail for five years.
- Madhya Pradesh court gives man 250 years' jail in Rs 4,000 crore chit ...
BHOPAL: A court in Sehore district has sentenced the...
- Madhya Pradesh court gives man 250 years' jail in Rs 4,000 crore chit ...
Dec 5, 2015 · A day after the Economic Offences Wing (EOW) of the Mumbai Police arrested the chairman and managing director of a group of companies accused of duping over 20 lakh investors of Rs 2,000 crore from Pune, accused Balasaheb Bhapkar, 56, was produced before a local court Saturday.
Dec 7, 2015 · Bhapkar was arrested by the EOW following a complaint lodged by Ankit Bhansali, assistant general manager with the Securities and Exchanges Board of India (SEBI), against the directors and office-bearers of Sai Prasad Properties Ltd in Goa, Sai Prasad Foods Limited, Pune.
Mar 26, 2023 · BHOPAL: A court in Sehore district has sentenced the director of a chit fund company to 250 years imprisonment for duping over 35 lakh investors across 20 states of over Rs 4,000 crore.
Dec 8, 2019 · Soon after the case was registered, EOW arrested Balasaheb Bhapkar, now 60, his son Shashank and eight others and chargesheeted them. The accused were office-bearers of Sai Prasad Media Pvt Ltd (SPMPL) and Sai Prasad Infrastructure and Construction (SPIC).
In 2013, SPCL MD, Shashank Bhapkar was presented with the Young Entrepreneur of the Year Award, by the Indo-British Business Forum, in London. Ram Oberoie the Marketing expert of the company was also presented the same award as being part of Sai Prasad.
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