Rotomac pen News
The owner of Rotomac Global Pvt. Ltd., Vikram Kothari, was arrested by the CBI and was now in judicial custody.
It had attached 14 accounts of the group in various bank branches in Uttar Pradesh.
Kothari, his wife Sadhana, and son Rahul, all Directors in Rotomac Global pvt Ltd, have allegedly diverted the bank loans towards purposes other than they were meant for.
Rotomac had its glorious run in the 1990s and emerged a top player in the writing instruments market.
Kothari, his wife and his son are being examined by the CBI.
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