The promoter in our case is a PE Firm which has a definite term life for any investment as opportunity cost is a big thing for them. In our case , I am believing it to be a good overhang which is holding the prices at this level as compared to McDonalds they have rights all over India+Indonesia.
Do read this detailed thesis from one of my mentors and your answers will be answered
Hope this gives clarity.
- Abhishek
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