Stocks of several JSW Group companies fell by 1% to 2% on Monday, a day after a complaint of rape was registered against the conglomerate’s managing director Sajjan Jindal.
The complaint was registered against Mr Jindal on Wednesday at Mumbai’s BKC police station.
As per the complainant, reported to be an actress, the two first met in October 2021 in Dubai at an IPL game. After that, they met in Jaipur at the wedding.
The actress said Jindal began getting personal and later allegedly forced himself on her.
The complainant had alleged the BKC police station paid no heed to her complaint. As a result, she was forced to approach the court, which ordered the police to register the complaint.
Mr Jindal has refuted the charges. He also said that he would provide full cooperation in the investigation.
‘Mr. Sajjan Jindal denies these false and baseless allegations,’ according to a letter provided by his representatives. ‘He is committed to providing full cooperation throughout the investigation. As the investigation is ongoing, we will refrain from commenting further at this stage.’
As of 12.30 pm, share prices of JSW Steel were down by 1.94% at₹850, JSW Holding by 1.63% and JSW Infrastructure by 0.15%. JSW Infrastructure remained in green with a minor hike of 0.07%.
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