1644 crore is a low number. They should get back to 2000 crores easily once the management change happens. The current promoters are not that clean. I don’t think we should take the current EBITDA numbers at face value. The actual number is very high from 1644 crores.
Plus the promoters have sold some stake in Q1FY23. I guess they are need of some money otherwise even they know that even if they lose the battle they should get a better exit.
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