@paragbharambe , great job in squeezing out important and interesting details from large document like Draft letter for rights issue. I am disappointed by 0.75% brand royalty. Is it not mandatory for company to disclose this signing of brand licensing agreement as I don’t recall company disclosing it earlier to the stock exchanges. Seems like a lapse in corporate governance… 
Also it means PEL also may be paying this to Piramal Corporate Services…who knows…
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