Shivanand mankekar biography sample
Who is shivanand mankekar
Om kedar investments...
The most reclusive investor
In April 2012, Mankekar and his wife picked up 4.9% of MT Educare for around Rs 17 crore. The investment triggered excited comment in the virtual world across several investor forums that track ‘Professor’ (could be either Mankekar, depending on the forum) and ‘RJ’ (Jhunjunwala).
Since education is a field that’s closely associated with the Mankekars, there was speculation over whether they would interfere with the management of the company.
Mahesh Shetty, chairman and managing director, MT Educare, admits he was worried about this when Mankekar first expressed a desire to meet.
But Mankekar assured him that he was a long-term investor, who was not really fussed about falling profits in the short run.
Chhaya Shastri, a director at MT Educare, and the person responsible for meeting investors, adds that “Mankekar sir” does not behave like a typical Indian high net worth investor.
“Rather, he’s like a dispassionate foreign institutional investor. He kno