The Economic Times

GreatWhite brothers settle dispute as Mehul Shahs family buys Hemangs 50% stake

The ownership dispute at GreatWhite Global Pvt. Ltd. has concluded with a stake acquisition by Mehul Shah's family. Hemang Shah's family received approximately Rs 862 crore for their 50% share. This acquisition marks the end of a 15-year partnership between the two brothers. Disputes over management escalated into legal challenges before this resolution. The company is now under single ownership and continues to report significant revenues.