GSM Foils Chairman Arrested for Plotting MD's Murder Over Rs 32 Crore Debt

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Waliv police have arrested seven people, including the alleged mastermind, in connection with an attempted murder case. The accused, chairman of GSM Foils, allegedly orchestrated a plot to kill the company's managing director to avoid repaying a debt of Rs 32 crore. The chairman had reportedly suffered heavy financial losses following a downturn in the US stock market triggered by the Iran-Israel conflict. The attack took place at the company's premises, leaving the managing director injured with a gunshot wound.

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