Tag Archives: Dr Rajan Lekhraj Mahtani

Prestigious Forbes Business Award Given To Dr. Rajan Mahtani

September 26, 2021 by DRMZambia
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Steven Malama Award
Dr. Rajan Lekhraj Mahtani was recently selected for one of the most prestigious African business awards. This award is developed by Forbes and FIN (Foreign Investment Network) and is known as the Forbes ‘Best of Africa’ awards. Every year, Forbes in partnership with FIN holds the annual Forbes philanthropic and leadership roundtable conference. This event is one of the most anticipated across entire Zambia and is looked upon by investors, analysts and media. The roundtable conference invites members from different field and areas including international Continue reading →

Dr. Rajan Mahtani Receives Forbes ‘Outstanding Entrepreneur Of The Year’ Award

August 13, 2021 by DRMZambia
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Dr. Rajan Lekhraj Mahtani is a noted businessman, philanthropist and charity worker in Zambia. Recently, Dr. Rajan Mahtani added yet another significant award to his Kitty. This was the award presented by Forbes under the category ‘Best of Africa’ Awards 2021. The objective of these awards is recognising and rewarding the individuals, organizations and change-makers who have made significant and remarkable differences across the continent of Africa by improving millions of lives across the continent in areas of technology, leadership, entrepreneurship, influence and vision. These Continue reading →

Dr. Rajan Lekhraj Mahtani Remains The Legal Owner Of Zambezi Portland, Supreme Court Gives Final Verdict

May 12, 2021 by DRMZambia
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Dr Rajan Mahtani
Dr. Rajan Lekhraj Mahtani has been regarded as one of the most responsible and authentic businessman in Zambia. For more than a decade, Dr. Mahtani has been building numerous successful organizations in Zambia. Among them is Finsbury Investments, a noted investments company. During the period of 2006-2007, Dr. Rajan Mahtani owned Finsbury Investments received majority shareholding and legal ownership of the Zambezi Portland Cement via an original shareholders agreement. According to this agreement, Finsbury Investments receives 58 percent Portland Cement shares and becomes the majority Continue reading →

Attempt By Ventriglia Family To Change Portland Cement Ownership Becomes Unsuccessful

April 25, 2021 by DRMZambia
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Dr Rajan Mahtani
The case of Portland cement Zambia was actually over when the higher Court of Appeal announced its final decision on the case. According to this decision, the majority shareholding and ownership of the Portland Cement Zambia factory went to Dr. Mahtani owned Finsbury Investment with 58 percent shares. On the other hand, the Ventriglia owned Ital Terrazzo Limited held just 42 percent shares of the factory and did not have any majority shareholding or legal ownership over the factory. With this verdict, the higher Court Continue reading →

Portland Cement Zambia Case Finally Comes To An End With Decision From Supreme Court

April 11, 2021 by DRMZambia
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Dr Rajan Mahtani
With the final decision from Supreme Court Zambia on the Portland Cement Zambia case, it can be said that the long-standing challenges for the cement-manufacturing factory is finally over. The Portland Cement Zambia factory has suffered significant challenges during its early years, right from its establishment and shareholder restructuring. The restructuring of the shareholding of Portland Cement was a critical event as it helped the factory in achieving the requirement loans from the banks as well as funds from other financial institutions so that it Continue reading →

Ownership Of Zambezi Portland Cement Remains Unchanged, SC Announces Verdict On Claim By Ventriglias

February 28, 2021 by DRMZambia
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Zambezi Portland Cement
Finsbury Investments is a noted investments firm owned by Dr. Rajan Lekhraj Mahtani, a celebrated businessman in Zambia. The company is known for reviving several difficult organizations across Zambia. One of them is Zambezi Portland Cement. After an official shareholders’ agreement established in the year 2007, the ownership of Zambezi Portland Cement was given to Finsbury Investments via 58 percent share ownership. This transfer was essential has Finsbury Investments had the credibility of obtaining loans from banks as well as funds from financial institutions. These Continue reading →

Supreme Court Zambia Effectively Rejects Claim From The Ventriglia Family

February 27, 2021 by DRMZambia
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Finsbury Investments under the ownership of Dr. Rajan Lekhraj Mahtani took over the ownership of Portland Cement Zambia in the year 2007. This ownership exchange was made through an official shareholders’ agreement which was signed and accepted by all parties in the presence of government officials. As per this official shareholders’ agreement, Dr. Rajan Mahtani owned Finsbury Investment received 58 percent shares of the Portland Cement Zambia and was announced as majority shareholder and legal owner of the factory. While these activities were occurring, the Continue reading →

Supreme Court Zambia Stays With The Decision Of Court Of Appeal On Portland Cement, Rejects Claim By Ventriglia

February 4, 2021 by DRMZambia
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Dr. Rajan Lekhraj Mahtani’s
Finsbury Investments is a top organization in Zambia. In the year 2007, Finsbury Investments received majority shareholding of the Portland Cement Zambia factory and was announced as owner of the factory. This re-organization was established with the objective of acquiring loans from banks and financial institutions for completion of plan construction as well as furthering the business plans. During this time, all shareholders agreed with the shareholding organization of Portland Cement. However, the Ventriglias decided to hatch a plan of their own in which the Continue reading →

Challenge By The Ventriglia Family On Higher Court Of Appeal’s Decision Rejected Outright By Sc

January 6, 2021 by DRMZambia
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Portland Cement Zambia
According to the latest reports, the Supreme Court Zambia recently threw out an appeal which was made by Ventriglia family. In this appeal, the Ventriglia family challenges the decision of Court of Appeal which declared Dr. Rajan Mahtani owned Finsbury Investments as the majority shareholder and legal owner of the factory. This decision from the higher Court of Appeal came on 31st January 2019, around nine months after Dr. Rajan Mahtani appealed before the court. Immediately before this appeal, Dr. Rajan Mahtani faced a misdirected Continue reading →

Supreme Court Zambia Finalises The Outcome On The Challenge By Ventriglias Over Portland Cement

December 26, 2020 by DRMZambia
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Dr Rajan Mahtani
Dr. Rajan Mahtani is a known businessman in Zambia, popular for his business acumen as well as charitable and philanthropic practices. He is also known for his transparent, ethical and straightforward business practices which is very rare across the nation. One of the biggest examples of this transparency has been Dr. Rajan Mahtani’s dedicated fight for the takeover of the Portland Cement Zambia factory. The Portland Cement Zambia factory was taken over from Dr. Rajan Mahtani more than a decade ago and since then, Dr. Continue reading →