The long pending case of Portland Cement Zambia is finally closed. After passing through different courts as well as different judges, the final decision came from Court of Appeal, which is one of the highest level courts in Zambia. As per the decision by the Court of Appeal, Finsbury Investments holds 58 percent shares at the factory and is the majority shareholder. On the other hand, Ventriglias own 42 percent shares at the factory and are the minority shareholder. According to this decision, Dr. Rajan Mahtani owned Finsbury Investments is the legal owner of the factory. While giving this decision, the judge from the Court of Appeal also said that the judge below him was wrong in declaring Ventriglias as only shareholders without having any proof or evidentiary support.

Along with this decision, justice Mwinde from the Court of Appeal also cleared many things out. All forgery allegations were discarded by the judge. As per his comments, the process of mechanical placement of signatures for business transactions was a common practice across Zambezi Portland Cement and members of the Ventriglia family themselves engaged in such practices. As such, these allegations were invalid. At the same time, the judge was also transparent in detailing out the various decisions and claims made at the Court of Appeal. It was found that Finsbury Investments paid a sum of K580,000,000 with interest in compliance with the judgment from the court. This payment was made for commercial registration of the Zambezi Portland Cement. At the same time, Finsbury Investments also claimed a sum of K1 billion against the payment made for issue of entire share capital of Zambezi Portland Cement. Also, the court has confirmed that the payment has been made and is the final decision on this claim is expected to come soon.

A timeline of three months from the judgment at Court of Appeal has been given by the judge during whom all parties are required to complete the share regularization process.