Thank you for sharing the interview. I missed it.
Where is this headed? When all the legal wrangling is over, shareholding will be the key to control. The Burmans have a significant holding. And they can acquire more.
Dr Saluja and team have done a creditable job of rescuing the business from potential bankruptcy.
But now the company is out of trouble and doing well. So it will attract interest from investors who want to become promoters. That is how capitalism works.
The rest of it – “low open offer” and “not fit and proper” – is meritless though the resolution may get dragged out. I am not invested. I want to see this settle before I evaluate the investment.
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