Dear Himshah

1. Amalgamation is likely to be completed by December 2022.

2. Very bright future prospects on digital play , Robotic process automation, security surveillance, Data analytics,IOT, all new age technologies.

3. Expleo will do extremely well hereon

4. it’s a potential multibagger & can yield 5 X returns in 5 years by 2027 , from current levels, if all goes well.

5. IT sector is out of favour & will make a come back within coming 2 quarters, nonetheless, Expleo & Tata Elxsi will not be affected as far as profits are concerned during current scenario, when other IT firms are facing margin pressure

Anything happened inbetween these 2 month, why saragama’s musinc not available in the platforms ?

Over this week till Thursday Promoter has done two purchases. Small quantity only. Maybe signalling to market that share is grossly undervalued ?

I hope this open market purchase doesn’t take away the option of doing the buyback around q3 as I expected. May I add further to the wish - a max buyback of 25% om tender mode, with promoter not participating or participating partiality.

Let’s see.

Simply check on instagram reels- Saregama music wasn’t available between July-August. It is since yesterday, possibly indicating a new deal with Insta and FB

There is no absolute black and white in business or investing and opposite of a good idea can also be a good idea. Business owner and investor have the choice to move to places they are comfortable in.

That may be true, but they will be a target of central agencies for the time being and investors will suffer.

My capital and understanding is limited. I have made good profit in this stock and am having difficulty holding it during correction. So I sold it and moved funds to existing portfolio companies. There is no point in clinging to company and lose sleep over it. Plenty of opportunities will come.