Another glaring example of corporate governance if there is penalty event which has occurred in September December qtr to the tune of 19.9 cr why was it not mentioned to the exchange. It must have been mentioned atleast in jan this is a breach of disclosure norms. Once a fraud always a fraud.
Secondly usa and Hungary total loss is 32 cr it got saved because of 16 cr they received from us government grant and 4.5 cr from sale of machineries otherwise the loss is very heavy.
Generally quarterly results is accompanied by investors presentation but this time nothing.
Whether they turn around or not there corporate governance is very bad since I hold a small qty iam making a complaint to scores regarding the non disclosure of the penalty at the time of the event.
Disl have trusted this manegement twice but now disposing my holding
| Subscribe To Our Free Newsletter |
