Meet Sammilan Shetty, the butterfly-man of Karnataka

Sandhya D'Souza | coastaldigest.com
June 24, 2018

It was a regular Zoology assignment in 2004 that triggered the sudden interest of then student Sammilan Shetty towards butterflies. Fourteen-years since, having quit his fulltime-lectureship post, this 32-year-old has been successfully running Karnataka’s first private butterfly park in coastal district of Dakshina Kannada since 2011.

At the foothills of Western Ghats in Belvai village of Moodbidri taluk, a host of ordinary-looking plants and trees welcome the guests to 'Sammilan Shetty's Butterfly Park'. While walking through the 200 metre stretch of trees like coconut, mango, cashew or curry leaf plants, visitors are asked to delicately examine the top and bottom of these leaves, some of which are nature’s bed for butterfly eggs, larvae, caterpillar, dried shells and so on.

"You don’t need exotic plantation to host butterflies. Regular saplings or even wild plants that you can find in your home backyard would do. But unfortunately, most people uproot them terming it as a weed (unwanted plants). Even my family, was initially reluctant of my passion because I planted them," Shetty says.

Prior to the walk around the butterfly park, the visitors are familiarized with a few names and behaviour-pattern of the butterflies through audio-visual material, so that they can relate the same during their actual encounter with the species in the wild. A 30-minute walk-through this park gives a unique opportunity for the visitors to see the transformation from egg to caterpillar-pupa and the adult butterfly emerging out of it.

While the 'host-plant' is where the butterflies lay their eggs, the male milkweed butterflies suck alkaloid from alkaloid rich plants. "Alkaloids are essential for male milkweed butterflies to attract their female counterparts. Lower the alkaloid, the male butterflies might fail to impress their prospective female-mates," he says.

At this ancestral property spreading over 7.35 acres of semi-forest land, interesting species like, Autumn Leaf (Doleschallia bisaltide), Clipper (Parthenos sylvia),  Tawny Rajah (Charaxes psaphon), Black Rajah (Charaxes solon), Paris Peacock (Papilio paris), Redspot Duke (Dophla evelina), Blue Oakleaf(Kallima horsfieldii), Colour Sergeant (Athyma inara), which are otherwise uncommon, frequent at this open-private conservatory.

For the purpose of the identification of butterflies, Shetty uses The Book of Indian Butterflies by Isaac Kehimkar, whom he considers as his inspiration. Incidentally, the park was also publically opened in 2013 by Isaac - popularly known as the 'Butterfly man of India'.

"Rare butterflies like Blue Nawab (Polyura Schreiber), Orchid Tit (Chliaria othona), Great Evening Brown (Melanitis zitenius), Aberrant Oakblue (Arhopala abseus), Banded Royal (Rachana jalindra) Tamil Oakblue (Arhopala bazaloides) have also been recorded here," Shetty says.  Besides, we have species endemic to Western Ghats like Southern Duffer (Discophora lepida),  Tamil lacewing (Cethosia Nietneri), Malabar Banded Swallowtail( Papilio liomedon), Malabar Banded Peacock (Papilio buddha), a common sight during the season.

Back in 2004, while pursuing his graduation studies for Zoology, Sammilan documented 30 butterflies in the region for his project on the 'Study of local butterflies'. At present the open-house conservatory houses nearly 148 butterflies including rare and indigenous species. This is close to 50 per cent (339) of the species that is found in Western-Ghats. Shetty is particular of keeping the park without closed dome or enclosures, which he says traps them. "We have developed the park by propagating natural greenery with 'native host plants' and nectar plants which attracts butterflies to these parks. We have only created a conducive condition for them and respect the butterfly's freedom to stay or to go," he says.

London based World Book of Records has proposed to honour Shetty in recognition for his conservation of butterflies. Halpe Porus is the latest addition as the 148th butterfly at this park, which incidentally was spotted during course of this interview-walk.

Altogether there are 1,200 species of butterflies in the country, and approximately 320 in Karnataka. "Though the pollination by the butterflies is essential for food chain, no much study is gathered in India over it. Although Indian Foundation for Butterflies (IFB) is leading the way, it may take another 10 years for us to asses if we are truly accommodating the butterflies in our eco system," he says.

While the massive urbanisation and real-estate ventures targeting the secondary-forests, Shetty says, it has led to the decline of wildlife including butterflies due to their habitat loss.

While Maharashtra has taken ‘Blue Mormon’ as its state butterfly in 2015 and Karnataka has declared 'Southern Bird Wing' as its state butterfly in 2017, the butterfly enthusiasts are now batting to have recognition for a national butterfly. Butterfly-conservators feel that the move would not only help in creation of awareness of Butterfly in general, but also in conservation of their population.

The park which is completely funded by the family of Shetty, attracts approximately 800 visitors during the season between June and December. In the process of documenting the butterflies, Shetty has also taken to photography of which he plans to turn into a documentary. "A lot of people have changed the way they look at butterfly, after the educational tour. The idea is to take the message of butterfly conservation and its contribution for crop-cultivation (pollination) to as many people as possible in simple language" he says.

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MK Lobo, Dubai
 - 
Sunday, 24 Jun 2018

Beautiful. Great job by Mr Shetty. Will visit during my next India visit

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News Network
February 6,2020

New Delhi, Feb 6: BJP MP Tejaswi Surya said on Wednesday that the majority community has to remain vigilant or Mughal rule will return to the country, as he slammed the anti-CAA protest at Shaheen Bagh.

He was participating in the debate on Motion of Thanks on the President's Address in Lok Sabha.

Referring to the ongoing protest at Shaheen Bagh against the Citizenship Amendment Act, he said, "Unless majority community remains vigilant, the days of Mughal Raj may not be far away."

Surya also praised Prime Minister Narendra Modi for resolving several critical issues which had been pending for several decades.

The CAA, he said, was aimed at resolving the issues emanating from Partition and added, "The new India cannot to built without healing the wounds of the past."

He said that the CAA was about giving citizenship to persecuted minorities in Pakistan, Bangaladesh and Afghanistan and not for taking away anyone's citizenship.

Under the leadership of Modi, Surya said, several issues of the past have seen closure. These include abrogation of Article 370, construction of Ram temple, Bodo problems and abolition of Triple Talaq.

K Sudhakaran (Cong) said that a time when the economy was going through its worst phase and unemployment was high, the President in his speech talked about making India a USD 5 trillion economy by 2024.

On the comments of the government functionaries that fundamentals of the economy are strong, he said the same expression was used by the then US President George Bush, days before the collapse of the America's iconic investment banker Lehman Brothers.

Not only that, Sudhakaran said even before the Great Depression, the then US President used to say that fundamentals of their economy were strong.

Anupriya Patel (Apna Dal) demanded that the government set up All India Judicial Services Commission to ensure representation of the backward community in the judiciary.

Khagen Murmu (BJP) regretted that West Bengal government was not implementing the welfare schemes of the Centre in the state.

Badruddin Ajmal (AIUDF) said that people of all communities have fought for freedom of the country and it would be incorrect to declare everyone opposing the government's policies as 'gaddar' (traitor).

He said that the government should talk to people protesting against the CAA at Shaheen Bagh and other places, and explain the provisions to them.

Shrirang Appa Barne (Shiv Sena) demanded that the ruling party fulfil all promises it had made to the people of the country.

He regretted that although the government promised to double the income of farmers by 2022, farmers were still committing suicide.

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News Network
April 8,2020

Bengaluru, Apr 8: A 65-year-old man from Kalaburagi district became the fifth COVID-19 fatality in Karnataka, where six new positive cases were confirmed, pushing the tally in the state to 181, the health department said on Wednesday.

The man with Severe Acute Respiratory Infection (SARI), died at a designated hospital in Kalaburagi on Tuesday, a day after being shifted from a private hospital where he was initially treated for two days.

"On April 4, he had got admitted to a private hospital, on April 6 he was shifted to ESI hospital, where he passed away," Primary and Secondary Education Minister Suresh Kumar told reporters here.

The private hospital had been locked and its entire medical team quarantined, he said, adding a notice had been served on it for act of "criminal negligence" (by not referring the patient to designated hospital) and will be followed with a police case.

"He was suffering from SARI, on collecting his sample, tests have revealed that he was positive....investigation is on to find how he got infected," the Minister said.

Noting that the hospital in this case did not refer the patient to the designated hospital and kept treating him for two days, he appealed to all private healthcare facilities to inform authorities if anyone showed any indications for COVID-19.

"As of 5 PM on April 8, cumulatively 181 COVID-19 positive cases have been confirmed in the state, it includes 5 deaths and 28 discharges," the health department said in a bulletin.

Out of the positive cases, 71 are those who had come back from foreign countries, while remaining 110 are contacts and those who had gone to Delhi, the Minister said.

Kumar also said an expert committee comprising Narayana Health founder-chairman Dr Devi Prasad Shetty and Jayadeva Institute of Cardiovascular Sciences director Dr C N Manjunath among others, constitutedto devise an exit strategy for the lockdown, has submitted its reports with various recommendations to Chief Minister B S Yediyurappa.

The chief minister and officials were examining it which was likely to come up before the cabinet meeting on Thursday after which the details will be shared, he added.

The health department said the six fresh cases reported on Wednesday included the elderly man from Kalaburagi who died.

Among the positive cases are a woman from Uttara Kannada with history of SARI and contact of a Dubai returnee, a 72- year-old woman from Kalaburagi, who is mother of a patient that tested positive for the disease; a man from Mandya with contact to two patients.

Others include a man from Chikkaballapura with travel history to Delhi and a woman from Bengaluru also with a travel history to the national capital.

Contact tracing is in progress for all the cases, the bulletin added.

The department said out of 148 active cases in the state, 146 COVID-19 positive patients (including 1 pregnant woman) are in isolation at designated hospitals are stable and two in ICU (one each on oxygen and ventilators).

It said out of total 181 cases in the state, six are transit passengers of Kerala.

Bengaluru accounted for the highest in the state with 63 cases, followed by Mysuru (35), Dakshina Kannada (12) Bidar (ten), Uttara Kannada and Kalaburagi (9 each), Chikkaballapur (8) Belagavi (7), Ballari (6), Bagalkote (5), Mandya (4) Davangere, Bengaluru Rural and Udupi (three each), and Kodagu, Tumakuru, Gadag and Dharwad one each.

Those discharged include 16 from Bengaluru, four from Dakshina Kannada, two each from Uttara Kannada, Kalaburagi and Davangere, and one from Bengaluru Rural; while among those dead are two from Kalaburgari and one each are reported from Bengaluru, Bagalkote and Tumakuru.

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News Network
February 19,2020

Feb 19: Bavaguthu Raghuram Shetty was once a typical billionaire with a taste for the high-life.

He splurged on a private jet, vintage cars and two entire floors of the Burj Khalifa, the world’s tallest skyscraper. His website shows him hobnobbing with politicians, Bill Gates and Bollywood royalty.

“The thrill of speed and freedom makes me love cars,” Shetty, 77, told local reporters last year.

Shetty had more than enough money -- at least on paper -- to afford such a lifestyle from companies he helped found, including hospital operator NMC Health Plc and financial services firm Finablr Plc. On Dec. 10, his stakes in the public companies were valued at $2.4 billion, making up the bulk of a fortune spanning education, hospitality and one of the world’s oldest tea companies.

Then, a week later, Carson Block came along.

Block’s investment firm, Muddy Waters, issued a report criticizing NMC’s accounts and disclosing a short position. Since then, Muddy Waters’s scrutiny has snowballed into a troubling scenario for Shetty that sheds light on his complex share arrangements and casts doubts about his net worth. His holdings in Finablr and NMC are worth $885 million, but Shetty’s fortune may now be just a fraction of that, depending on the size of his borrowings.

Filings this month show that Shetty pledged a quarter of his NMC stake against loans with First Abu Dhabi Bank and Zurich-based Falcon Private Bank. Two other shareholders may own half of his reported stake. Another lender -- Al Salam Bank Bahrain -- has already sold some of those shares to enforce security over a loan for Shetty, and NMC said Tuesday that First Abu Dhabi Bank sold another chunk earlier this month.

The situation “seems to have gone beyond some of the issues that Muddy Waters focused on initially,“ said Gavin Launder, a fund manager at Legal & General Investment Management, who owned shares in NMC until October. “The increased scrutiny has unearthed other issues.”

Law firm Herbert Smith Freehills has launched a review of Shetty’s holdings at his request, a spokesperson for the Indian-born businessman said, declining to comment further until the analysis is completed. Shetty resigned Sunday as NMC’s chairman.

In its Dec. 17 report on NMC, Muddy Waters hinted at potential overpayment for assets, inflated cash balances and understated debt. Shares of the United Arab Emirates’ biggest private health-care provider have since plunged 67%, and the firm is now the focus of takeover speculation. The sell-off also spread to Finablr, whose stock has tumbled 64% in that span.

NMC has disputed Muddy Waters’s claims, and the company hired former FBI Director Louis Freeh to conduct an independent review of the short seller’s allegations. Meanwhile, local regulators “are making inquiries with the relevant parties,” a spokesperson for the U.K.’s Financial Conduct Authority said.

Shetty is hardly the only ultra-wealthy person to leverage his assets. Elon Musk has used his shares in Tesla Inc. to obtain personal loans, while Oracle Corp. Chairman Larry Ellison has put up millions of the company’s shares to fund a lavish lifestyle that includes trophy properties, America’s Cup teams and the Indian Wells tennis facility in California.

But such deals can also sour, as demonstrated by Shetty’s lenders selling shares his investment firm pledged. He and his advisers are investigating details of the sales as part of their legal review, according to filings.

To complicate matters, Shetty pledged another batch of NMC stock in 2018 as part of a so-called equity collar arrangement with Goldman Sachs Group Inc. that uses options to limit the impact from share moves. Last month, he also pledged most of his stake in Finablr to refinance a loan from the company’s takeover of foreign-exchange firm Travelex for about $1.2 billion.

BRS Ventures Investment, the UAE-based holding company for most of Shetty’s assets, doesn’t report consolidated financials, preventing a complete analysis of his net worth. His other assets include a catering company, a waste-management firm and pharmaceutical business Neopharma, which four months ago was in the early stages of planning for an initial public offering.

Block, 43, earned his reputation as a short seller a decade ago through targeting U.S.-listed Chinese companies that he claimed were frauds. More recently, his San Francisco-based firm focused on British litigation-finance firm Burford Capital Ltd. and Japanese biotech stock PeptiDream Inc. Short sellers seek to benefit from a decline in a company’s share price.

Shetty founded NMC in 1975 after moving to Abu Dhabi from his native India. He created Finablr two years ago to consolidate his financial brands before listing it on the London Stock Exchange in 2019.

Block said he didn’t anticipate NMC’s shareholding drama.

“I wouldn’t have been able to predict that we’d get these bizarre disclosures about unclear share ownership coming out of the company,” he said in a Feb. 13 phone interview. “This has been obviously a more dramatic unraveling than we usually see.”

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