Hi Gaurav,
I was referring to the pollution case as vendetta politics possibility…( The promoter is a politician and part of the opposition in the state of Andhra Pradesh) …
With respect to the fire incident, getting claim is one thing, there is also production loss, time loss in rebuilding the lost capacity, government enquiry into the safety aspect which may not renew factory licence and most of all doubts on management credibility as well at times, if this repeats like a loop every few years…
As some Institutions holding large positions also exiting the company and these circumstances prevailing I was weighing the pros and cons before taking a position in this company…
As @harsh.beria93 had attended the AGM my query was directed towards getting a first hand account of whether the management spoke about it, did a shareholder question the management on the same…
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