After waiting for so long and after all issues finally the court of appeal had announced the final judgement on Portland Cement Zambia and according to that the majority of the shares of the company is belongs to Finsbury Investment owned by Dr. Rajan Mahtani, and he is the real owner of the factory. Follow Us On Facebook - https://www.facebook.com/drrajanmahtani/ https://www.facebook.com/zambiaportlandcement/ Twitter - https://twitter.com/People_Zambia

1. MAJORITY
SHAREHOLDING OF
PORTLAND
CEMENT ZAMBIA GOES
TO
DR. RAJAN MAHTANI

2. THE CASE OF
PORTLAND CEMENT
ZAMBIA IS PECULIAR

3. It is known
to almost everyone associated with
the corporate world of Zambia.

4. THE CASE
PERTAINS TO A CEMENT-
MANUFACTURING FACTORY

5. THE CASE WAS
CONTESTED BY TWO MAJOR BUSINESS
PARTIES IN ZAMBIA.

6. One of them
is Dr. Rajan Lekhraj Mahtani,
a noted businessman and
philanthropist.
The other
business party was the
Ventriglias, infamous Italian
family in
Zambia
Dr. Rajan Lekhraj Mahtani
Ventriglias

7. A case was launched at the Lusaka High Court.

8. 80% It took more
than a decade for Lusaka High Court to announce
final judgement on
this case.

9. FINAL DECISION GAVE
VENTRIGLIAS MAJORITY
SHAREHOLDING OF THE
ZAMBEZI
PORTLAND CEMENT.

10. After this unjustified decision, Dr. Mahtani
approached the Court of Appeal
The Court of Appeal announced its final
decision on 31st January 2019.
The case at the Court of Appeal was
seen by justice Mwinde.

11. AS PER THE FINAL
DECISION, DR. RAJAN
MAHTANI OWNED
FINSBURY
INVESTMENTS OWNS 58
PERCENT SHARES AT
THE FACTORY AND IS
THE MAJORITY
SHAREHOLDER OF THE
ZAMBEZI PORTLAND
CEMENT.

12. Ventriglias
owned Ital Terrazzo Limited holds just 42 percent
shares and are the
minority shareholders of the Zambezi Portland
Cement.
Based on this
shareholding pattern, Dr. Mahtani becomes
the legal owner of the
factory.
This decision
also aligns with the original shareholders
agreement established in
the year 2007.

13. The judge at
the Court of Appeal
also announced that
the decision from
Lusaka
High Court judge was
wrong and
misdirected.

14. The Court of
Appeal justice gave a
timeline of three
months from the date of
the
judgement

15. DR. RAJAN MAHTANI
During this
timeline, all share
sales and regulations
related activities
must be
completed.