Its great to see GCPL declaring dividend after few years. Surely a positive sign!
If anyone has clue why dividend declared this time and any change in dividend policy, pls share.
Investor_No_1:
The entire cash kitty equivalent and more would now go to a whopping 2800 cr + acquisition! Brand Park Avenue and Kamasutra are fine but none is a market leader nor a category definer like Bisleri which the Tata’s were eyeing…
Based on progress of these two brands, any thoughts if this was a good Capital allocation?
Also some news below which I did not understand completely. If someone has better understanding pls let us know the implications…
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