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Jhunjhunwala's biggest cheque was ₹1,500 cr for Star Health: Rare Enterprises CEO
short by Hiral Goyal / on Monday, 14 August, 2023
Rare Enterprises CEO Utpal Sheth has revealed that the single biggest cheque written by late investor Rakesh Jhunjhunwala was to Star Health And Allied Insurance for ₹1,500 crore. "But, it wasn't even 10% of our portfolio," said the CEO of Jhunjhunwala-founded investment management firm. He further said they were ready to buy out the company in partnership with somebody else.
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