Think before you leap to invest in Vijay Mallya companies

It seems Vijay Mallya (VM) has taken on huge debt to fulfill his expansion plans. His Rs. 6900 crore debt story is as follows:

SEBI asks promoters to reveal pledged shares information

It seems that after the Satyam fiasco, SEBI is asking promoters to reveal information about pledged shares. I do not think that this step will do any good. Promoters will reveal the information and after some time people will forget about it.