Rajeev Samant has been continuously diluting his stake in the company, though in small instalments, but it really makes me a little nervous about the skin in the game. Is he indicating that the price has already reached the valuation which will not improve anytime soon and hence he is smartly diluting his stake? The Q4 results were a little soft as well and the company being the hyped “new drink category creator”, “pioneer of wine” “premiumisation of Indian drinking community” etc, how do you see the below 25% stake of the show runner?
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