There was no substance in the ED raids. They were just perpetrated by some vested interest to tarnish the name of the company. Some local guy from the same village who had a grudge or maybe plain black mail. More than the regulatory actions what is worrying is if the company is run professionally. looks the the recent issue where an employee siphoned off more than 20Cr. Are systems in place to take care of these kinds of issues? As I see it the whole company is being run on Nandakumar, who is an honest man who built the company from scratch but who not young anymore. Though his daughter is brought on board, she needs to prove herself
Subscribe To Our Free Newsletter |