In Birth chart (Janam Kundli) of Harshad Mehta : Ascendant/Lagna is Virgo/Kanya(Uttara Phalguni nakshatra), Moon (Chandra) is in sign of Cancer/Karka (Punarvasu nakshatra), Sun (Surya) is in sign of Cancer/Karka (Pushya nakshatra), Mars (Mangal) is in sign of Saggitarius/Dhanu (Moola nakshatra), Mercury (Budh) is in sign of Gemini/Mithuna (Punarvasu nakshatra), Venus (Shukra) is in sign of Leo/Simha (Purva Phalguni nakshatra), Jupiter (Guru) is in sign of Gemini/Mithuna (Punarvasu nakshatra) and Saturn (Shani) is in sign of Libra/Tula (Swathi nakshatra).
While Rahu is in sign of Saggitarius/Dhanu (Poorvashada nakshatra) and Ketu is in sign of Gemini/Mithuna (Punarvasu nakshatra).
| Planet | House | Zodiac | Degree | Motion | Nakshatra | Pada |
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Passed away at the age of 47 in Thane Civil Hospital, Maharashtra, following a sudden heart attack while in judicial custody at Thane Prison with numerous pending litigations.
Attempted a public career comeback by launching a financial tips website and writing a newspaper column, while facing ongoing legal battles and a life ban from the stock market imposed by SEBI.
Arrested by the Central Bureau of Investigation (CBI) and imprisoned following the massive public exposure of the 1992 securities scam, facing multiple criminal charges and civil suits.
Exposed by journalist Sucheta Dalal in a landmark investigative report in The Times of India, revealing that he had engineered a massive ₹3,000–4,000 crore bank securities fraud using fake Bank Receipts (BRs) to artificially manipulate stock prices, which triggered a massive stock market crash.
Welcomed the birth of his son, Aatur Mehta, with his wife Jyoti Mehta.
Founded GrowMore Research and Asset Management after acquiring a Bombay Stock Exchange (BSE) broker's card, quickly rising to prominence as an ace market-maker dubbed the 'Big Bull'.
Born as Harshad Shantilal Mehta in Paneli Moti, Saurashtra State (now Gujarat), India, to Shantilal and Rasilaben Mehta.
Harshad Shantilal Mehta (29 July 1954 – 31 December 2001) was an Indian stockbroker, businessman, and convicted fraudster. Mehta's involvement in the 1992 Indian securities scam (about ₹30,000 crore (equivalent to ₹2.3 trillion or US$27 billion in 2023)) led him to gain infamy for market manipulation.
Of the 27 criminal charges brought against Mehta, he was only convicted of four, before his death (by sudden heart attack) at age 47 in 2001. It was alleged that Mehta engaged in a massive stock manipulation scheme financed by worthless bank receipts, which his firm brokered for "ready forward" transactions between banks. Mehta was convicted by the Bombay High Court and the Supreme Court of India for his part in a financial scandal valued at ₹100 billion (US$1.2 billion) which took place on the Bombay Stock Exchange (BSE). The scandal exposed the loopholes in the Indian banking system and the Bombay Stock Exchange (BSE) transaction system, and consequently the SEBI introduced new rules to cover those loopholes. He was on trial for 9 years, until he died at the end of 2001 from a heart attack
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