Can you please add more details on OEM deals ? There is no news from company on this. Also, does Patels sell Air Conditioners under its own brand we well ? What is it called ?

Company used to report order book sizes, but it stopped in the recent quarters. But, theres nothing to worry as I have learnt the order book is growing gradually and easily gives visibility for next 1 year.

@hitesh2710, @basumallick you still track this stock ? Any updates will be helpful for us.

K-12 schooling is highly regulated and no profit making entity is allowed to run K-12 school. Present promoters enter into the segment through circuitous route of management contracts and advances paid to schools. The decision was not correct in my view. In the latest filing promoters have specifically stated that they will not invest in any new venture in K-12 segment. This is the best that has come out today from the management. It amounts to accepting mistake by management.
Pre-school segment is profitable segment. It is good that management is leaving asset heavy K-12 segment. Losses are not very high- not even one year EBITA. Once this segment is exited, ROI shall increase. Further company shall have more surplus to expand more aggressively in pre-school segment.
(Disc: I am invested in the company for last 2 years. I added more recently.)

Just spoke to Yogendra Daxini at BSE on the following phone number: 022-2272 5092 and he assured me that BSE is taking effective steps to rectify this error with a more suitable system and that it be out by early next month. Lets hope better sense prevails this time.

http://techcircle.vccircle.com/2015/10/30/ride-sharing-app-lifto-raises-130k-in-angel-funding-2/

The amount is not huge. One of the names in a angel funding group.

Yes. So lets wait for any updates further !!