USA recently won a dispute against India at the WTO. The dispute was regarding subsidies given by the Indian govt to local solar module/cell manufacturers. Jawaharlal Nehru National Solar Mission (NSM) had mandated that certain portion of the materials under this initiative be procured locally. Subsidies were to be given to comply with this regulation. USA had alleged that such subsidies discriminate against foreign suppliers of solar cells & modules.

Here is the link to the WTO dispute details.

Here is the link to a news article regarding this verdict

Mahesh, thanks a lot clarification.My bad, it should be 2129 not 1665.
I thought, if the company puts more number of scientists into other clients, they would feel confident about its r&d capabilities.Hence i felt it number of employees dedicated to each client was very less. Thanks for AR’s and for direction. I will go through them to understand it better.

I personally feel, this can’t be a killer multibagger but it’s a safe stock with good growth potential.

This stock will milk the cash in the long run and will give great dividends.

Still, I am in a learning phase and will see what happens.

Disclosure : Entered at 175 levels. 15% of my portfolio.

You are probably right. Its just that before this year’s new mandate, investors below 1% were never mentioned. But now they are.
So, your search in June 2014 wouldn’t have offered any results even if he held say 1 share less than 1%. But with the new rules (someone with even 0.6% can also be mentioned now, as long as you are in the top 10).
Which is why I said ‘mostly out of vaibhav’. No one can be 100% sure. Either ways. Unless you have invested in valuequest

Prepared a small pdf of key points from 2015 AR.

Please find attached- Omkar_Notes.pdf (1.2 MB)