He sold fifty percent of his stake two years before and remaining now . May be he is uncomfortable with the merger of Tricoat and APL due to reduced personal importance. To be seen as individual choice rather than red flag.
Posts in category Value Pickr
Reclaiming IEPF shares (31-08-2023)
Just upload any random file just to satisfy the system constraint, it won’t matter afterall
Gujarat Themis Biosyn Ltd – Bulk Drugs growth momentum (31-08-2023)
Very aplty put. But I would slightly modify saying that – As of now , no investment but will track how they perform / deliver on both the R & D and new API block and then only will invest.
Till then no point in keeping you money locked here as there are plenty of other opportunites in the market.
Personal opinion
dr.vikas
Reclaiming IEPF shares (31-08-2023)
Hi,
I am trying to make an online claim in IEPF website for my shares and dividend. The website is asking to upload “Self attested copy of death certificate” as a mandatory document. Since I am claiming it for myself, I am super confused. I didnt see any option to claim for self or for deceased. Can anyone please clarify. Not sure what did I do incorrectly
Deepak Fertilizers and Petrochemicals (31-08-2023)
@atrishabh From where can we track prices of Ammonia
APL Apollo Tubes (30-08-2023)
Promoter Rahul Gupta complete exit from APL apollo… Sold 243 crores worth of shares.
https://twitter.com/niveyshak/status/1696940136527794441?t=t2bqvhFnPhVQJhXPuuwiNw&s=19
Parag Milk Foods – FMCG company just in Name or Deed? (30-08-2023)
Parag Milk Foods Strengthens Management Team with Nine Key recent Appointments.
As per the Company press release:
#1 – Operations:
Mr. Bheemanappa Manthale – President – plant operations: : Having extensive experience of more than two decades Mr. Manthale has worked with CocaCola, MTR Foods and Cargil etc.
Mr. Gajanan Patil – GM Operations:
He is Mechanical Engineer and completed his MBA from IIM- Calcutta. He has more than two decades of work experience and worked with organizations like CocaCola, Marico and Mondelez etc.
#2 – Sales:
Binod Das – Head of Sales
As Head of Sales, he draws from impactful roles at TATA Consumer Products Ltd and ITC Ltd,
reflecting two decades of expertise.
Lakshya Rastogi – Head of Modern Trade Business
He has spent the last ten years of his FMCG career working with Zydus Wellness and Fonterra Group. After receiving his engineering degree in computer science from Vishvakarma Institute of Technology, he got his MBA in sales and marketing at SCMHRD
#3 Finance:
Biswajit Mishra- Sr. VP Finance
CA By Education, MBA in finance and financial management, has worked with organisations like Future Group, Milk Mantra, Aussee Oats to name the few. He has domestic as well as overseas experience in the field of Financial Management
Anand Sharda – GM- Finance: – CA by profession, with 17 years of work experience, he had worked with RBL Bank, DCB bank, Publicis group etc
Amol Sawant – GM- Finance
Worked with Vector Green Energy Pvt Ltd, SKS Power Generation LTD . He is qualified CA with 20 years of work experience.
#4
Strategic planning
Mr. Abhinav Gupta – Head of strategic Projects: Mr. Abhinav Gupta takes on a pivotal role as Head of strategic Projects, bringing over 12 years of versatile expertise from prominent FMCG and retail roles.
In his previous stint, he has worked with esteem organisations like Reliance, Mother Dairy and Star Bazaar – A TATA and Tesco Enterprise to name the few.
Mr. Vivek Rathod – Head of Business Intelligence, Transformation, Analytics & Assurance
In his previous stint he has worked with E & Y and come with more than 15 years of work experience.
Observations:
Change is required to take the company to next level, Not sure who is driving these changes looks good at least on the paper.
The company looks innovative in creating the new products but there was no structured approach, hopefully these changes bring some order and professional approach.
Previously also they try to bring-in new persons in different roles but they did not last long, even CEO and CFO were also resigned sometime back, hopefully this new team should stay.
However, only time will tell whether the infusion of new blood will improve the prospective or it will be a burden.
Press release document:
Parag Milk Foods Strengthens Management Team with Nine Key recent Appointments.pdf (593.8 KB)