The newspaper quoted a court official in Sapporo that Wadia admitted to possession, arguing that the drug was for his personal use. He spent a period in detention before his indictment on March 20 and an undisclosed period of detention before a court hearing. The Sapporo District Court handed him a two-year prison sentence, which was suspended for five years.
At 11:33 AM, Bombay Dyeing was trading at Rs 111.55, down 10.62 per cent, while Bombay Burmah had slipped over 2 per cent at Rs 1245. National Perioxide also slipped over 4 per cent to Rs 2,687.70. In comparison, the S&P BSE Sensex was trading at 38,912, down 155 points, or 0.40 per cent.