Very interesting to see how promotor can so perfectly time the market by selling in the open market just before this news.
More Details:
https://www.bseindia.com/xml-data/corpfiling/AttachLive/154130CC_FA6A_4EAC_9675_3025127DE79D_182143.pdf
If promotor already suspecting this to happen, then there is more way to go with legal dispute.
Disclosure: Not having any exposure to this counter. Tracking this as value counter. Bad to see management reaction just before news breakout.
Happy Investing,
Karthik
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