World

The Skincare Benefits of Turmeric with Skin Centrick

Published

11 months ago

August 5, 2024

Scientists know turmeric, or Curcuma longa, as a vibrant yellow-orange spice. Ayurvedic and traditional Asian medicine have used it as a staple for thousands of years. The skincare industry now considers turmeric a magic ingredient due to its potent anti-inflammatory, antimicrobial, and antioxidant properties. The secret behind turmeric’s powerful effects lies in its active ingredient, curcumin, which offers many benefits for the skin.

“Turmeric is taking over skincare. Its natural properties help with so many skin concerns. It’s one of the most versatile ingredients we’ve ever handled,” says Chithra Kannan, founder and CEO of global skincare phenomenon Skin Centrick.

Benefits of Turmeric in Skincare

Among turmeric’s most celebrated benefits is its ability to enhance the skin’s natural glow. The antioxidants and anti-inflammatory components in turmeric work together to revive the skin by bringing out its natural luster. This makes turmeric a popular choice for pre-wedding rituals in India, where brides use turmeric masks to achieve a radiant complexion.

“Turmeric’s ability to brighten the skin and even out the complexion is truly remarkable,” notes Kannan. “Our turmeric serum is designed to harness these benefits, giving users a natural glow from the inside out.“

Turmeric’s anti-inflammatory and antimicrobial properties make it an excellent ally in fighting acne. It helps reduce redness and inflammation while also targeting acne-causing bacteria. Additionally, turmeric can help soothe conditions like atopic dermatitis and psoriasis, relieving irritation and dryness.

“It’s gratifying to see how a natural ingredient can make such a positive impact. Many of our customers have seen significant improvements in their acne and overall skin health after using turmeric products,” Kannan shares.

Skin Centrick’s Turmeric Products

Skin Centrick’s turmeric serum is a standout product intended to capture the myriad benefits of turmeric. Skin Centrick prices this brightening serum affordably and formulates it to enhance the skin’s natural glow and improve overall skin health. The serum’s lightweight, non-greasy formula makes it suitable for all skin types, making certain everyone can benefit from its rejuvenating properties.

Another popular offering is the Turmeric Clay Mask, which combines the detoxifying properties of clay with the skin-enhancing benefits of turmeric. This mask helps to draw out impurities, reduce excess oil, and leave the skin feeling refreshed and revitalized. Priced at a similarly affordable level, it’s a luxurious treat for anyone looking to pamper their skin.

“Our turmeric products are our bestsellers,” says Chithra Kannan. “They’re designed to be a powerful yet gentle addition to any skincare routine. With the right practices, turmeric can help brighten the skin and reduce the appearance of dark spots and blemishes.“

Embracing Natural Skincare

As consumers become more conscious of what they put on their skin, the demand for natural and effective skincare solutions continues to rise. Skin Centrick aligns with this movement by offering products free from harmful chemicals and rich in natural ingredients like turmeric.

More than a simple spice, Turmeric is a powerhouse ingredient that can transform entire skincare routines. With its anti-inflammatory, antimicrobial, and antioxidant properties, turmeric is a natural solution to many common skin concerns.

Building upon the “golden spice,” Skin Centrick’s products, the turmeric serum and turmeric clay mask, are easy and effective ways to incorporate turmeric into a daily regimen.

World

TRG Chairman Khaishgi and CEO Aslam implicated in $150 million fraud

Published

1 week ago

June 23, 2025

Jenny Jackson

In a scathing 52-page decision, the Sindh High Court has found that TRG Pakistan’s management was acting fraudulently and that Bermuda-based Greentree Holdings historic and prospective purchase of TRG shares were illegal, fraudulent and oppressive.

The Sindh High Court has further directed TRGP to immediately hold board elections that have been overdue and illegally withheld by the existing board since January 14, 2025.

In the landmark ruling, the Sindh High Court has blocked the attempted takeover of TRG Pakistan Limited by Greentree Holdings, declaring that the shares acquired by Greentree, nearly 30% of TRG’s stock, were unlawfully financed using TRG’s funds in violation of Section 86(2) of the Companies Act 2017.

“Having concluded that the affairs of TRGP are being conducted in an unlawful and fraudulent manner and in a manner oppressive to members such as the Petitioner (Zia Chishti), the case falls for corrective orders under sub-section (2) of section 286 of the Companies Act,” Justice Adnan Iqbal Chaudhry concluded.

The case was brought by TRGP former CEO and founder Pakistani-American technology entrepreneur Zia Chishti against TRG Pakistan, its associate TRG International and TRG International’s wholly-owned shell company Greentree Limited. In addition, the case named AKD Securities for managing Greentree’s illegal tender offer as well as various regulators requiring that they act to perform their regulatory duties.

The case centred around the dispute that shell company Greentree Limited was fraudulently using TRG Pakistan’s own funds to purchase TRG Pakistan’s shares in order to give control to Zia Chishti’s former partners Mohammed Khaishgi, Hasnain Aslam and Pinebridge Investments.

According to the case facts, the Chairman of TRG Pakistan Mohammed Khaishgi and the CEO of TRG Pakistan Hasnain Aslam masterminded the $150 million fraud. They did so together with Hong Kong based fund manager Pinebridge who has two nominees on TRG Pakistan’s board, Mr. John Leone and Mr. Patrick McGinnis.

According to the court papers, Khaishgi, Aslam, Leone, and McGinnis set up a shell company called Greentree which they secretly controlled and from which they started buying up shares of TRG Pakistan. The fraud was that Greentree was using TRG Pakistan’s funds itself. The idea was to give Khaishgi, Aslam, Leone, and McGinnis control over TRG Pakistan even though they owned less than 1% of the company, lawyers of the petitioner told the court.

This was all part of a broader battle for control over TRG Pakistan that is raging between Khaishgi, Aslam, Leone, and McGinnis on one side and TRG Pakistan founder Zia Chishti on the other side. Zia Chishti has been trying to retake control of TRG Pakistan after he was forced to resign in 2021 based on sexual misconduct allegations made by a former employee of his. This year those allegations were shown to be without basis in litigation that Chishti launched in the United Kingdom against The Telegraph newspaper which had printed the allegations. The Telegraph was forced to apologize for 13 separate articles it published about Chishti and paid him damages and legal costs.

After Chishti resigned in 2021, Khaishgi, Aslam, Leone, and McGinnis moved to take total control over TRG Pakistan and its various subsidiaries including TRG International and to block out Chishti. The Sindh High Court’s ruling today has reversed that effort, ruling the scheme fraudulent, illegal, and oppressive.

It now appears that Zia Chishti will take control of TRG Pakistan in short order when elections are called. He and his family are now the largest shareholders with over 30% interest. He is closely followed by companies related to Jahangir Siddiqui & Company which have over a 20% interest. The result appears to be a complete vindication for Zia Chishti and damning for his rivals Aslam, Khaishgi, Leone, and McGinnis who have been ruled to have been conducting a fraud.

TRG Pakistan’s share price declined by over 8% on the news on heavy volume. Market experts say that this was because the tender offer at Rs 75 was gone and that now shares would trade closer to their natural value. Presently the shares are trading at Rs 59 per share.

According to the court ruling, since 2021, shell company Greentree had purchased approximately 30% of TRG shares using $80 million of TRG’s own money, which means that that the directors of TRG Pakistan allowed company assets to be funneled through offshore affiliates TRG International and Greentree for acquiring TRG’s shares – a move deemed both fraudulent and oppressive to minority shareholders. The Sindh High Court also found illegal Greentree’s further attempt to purchase another 35% of TRG shares using another $70 million of TRG’s money in a tender offer.

The ruling is a major victory for the tech entrepreneur Zia Chishti against his former partners and the legal ruling paves the way for him to take control of TRG in a few weeks.