The results of Q3 will be impacted due to 40% hike in rental tax demanded by Samlon farmers in Norway. Norway is a very biggest market for Salmon farming. Some kind of value migration will happen in other countries like Chile, Scotland and Canada which may take some time. It’s a passing shower and won’t impact structurally.
With regards to CFO exit, the exit was because of better career opportunity with Granules India.
Price correction could be because of expectation of flattish FY23E PAT over FY22.
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