Any insight on Arcstone the Mauritius based institutional investor in the company. The fund is a small cap fund has currently has only 1 other portfolio company. Margins have shown wild swings with disporpotionate changes in margins at different levels. Can see auditors comments on uncertain tax positions, 100% of loans given to RP – repayable on demand or without specified repayment terms etc. See these as red flags – would appreciate insights.
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