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Mumbai News

The Times of India

Mumbai / The Times of India

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Chairman of company tried to get MD killed to avoid repaying Rs 32 crore, arrested

Waliv police arrested seven individuals, including the alleged mastermind, in an attempted murder case. The chairman of GSM Foils plotted to kill the managing director to evade repaying thirty-two crore rupees. He suffered significant financial losses after the US stock market crashed following the Iran-Israel conflict. The attack occurred at the company's premises, and the victim sustained a gunshot wound.

1 Aug 2026 12:02 am