I will never ouch for a company whose promoter’s integrity is questionable and it cannot be undermined.
2.
Whenever 2 companies are related with each other bcz of same promoters, 2-3 qtrs are sufficient to attract deserved funding (Blusmart )if it cannot, then surely it’s business model itself is unsustainable (Blusmart). Investors are not willing bcz company is loss making.
3.
Both companies should be treated as independent entity, not that Blusmart loss is being made up at the cost of minority stakeholders of GENSOL.
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