I just put in a question to the Managing Director of the company on Linkedin,
“Dear Sir,
I am a public shareholder of the company.
Many congratulations on the excellent results.
I see investment in mutual funds. Why is the company investing in mutual funds? Is it merely cash management or company is conserving resources for some future event? Kindly let the shareholders know.
It would have been very nice if the company did some sort of investor meet. It helps the company keep shareholders/public informed.
Thanking you,
Rajesh Kumar”
Within 30 minutes I received this reply,
“Dear Rajesh Ji,
Thanks for your trust on Siddhika.
It is cash management only & we will try to add a note on this during upcoming AGM for more clarity.
I would request you to please consider joining AGM & please do share your queries as well. I am sure that will help for the purpose.
Kind Regards,
Charitra “
I am fully satisfied with the response. I am very happy to know that the company is very keen to answer shareholders’ questions and treat shareholders fairly.
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