I liked the business, though, there seems to be some serious Issues. Looks like more on Governance side.
a) Company Secretary & Compliance Officer resigns on Jul 6, 2022—>
b) CFO resigns on Aug 12, 2022 (almost in 40 days time) —> https://archives.nseindia.com/corporate/KOTYARK_13082022142851_OutcomeofBMwithAnnexure.pdf
c) Then new Company Secretary & Compliance Officer resigns on Oct 29, 2022 —> https://archives.nseindia.com/corporate/KOTYARK_29102022192039_Reg30_ResignationofCSUrviShah_DSC.pdf
This is just under 5 months in to the Job.
I had been following this company for some time now & had in fact listened to the above SME star discussion right there at NSE.
Though, these issues seems to be serious in nature.
Disc – Interested, but not invested.
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