@Sanjeev_Bansal Yes it is disappointing. Because shareholders have issue with valuation of subsidiary(Woodpecker) not the infusion of funds.
Please help me understand
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if it is possible to add more fund on similar or little bit higher valuation leads to decrease in earning of the main company(SDBL) and reduce main company shareholding to 50% (or even less)?
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Company mentioned that it want to raise funds about 350 cr in Sept last year but it was not closed that time and again in Jan this year. Will above move be considered negative by institutional investor?
Disclosure : Invested and tracking.
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