Interesting developments - promoter sold 6% to Plutus. With that it seems promoter share is around 10%.
In past CEO resigned and operation is took over by Nitish M. However performance seems subdued. I believe company is facing operational challanges and institutional investor seems to take front seats.
HCG hospital is one such example where institutional investor tookover management control and appointed their CEO. Can this happen here???
Disc: Invested earlier, exited for more than a year due to performance challanges.
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