Hi,
With passing away of founder, the company will take sometime to gain back the momentum. But in general, the things are well on track and hopefully the next generation Mr. Sanjiv Patel will accelerate the company going forward. I believe the winding of US subsidiary is a good decision as no business advantage was there because of the office and they are able to manage things from India. Company is very conservative but lets see with new person in charge how things go.
Disclosure – Invested and adding few.
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