This is not for sure, this is what each party agreed, but still the final decision would be of court
Management expect decision in 1-4 month so not necessarily it would happen by March

Hi, Thanks for sharing the company names. It will be good to have growth guidance for each company along with the source of guidance. It will help everyone in the group to do a detail research on the selected companies.

Sujata To be very honest all of the above things you mentioned none changes the stream line growth, for a person whose Job is to buy Quality business at a good price you shouldn’t be worried about the Decline in prices of stock
as Howard Marks says if something is selling at 80$ and it comes to 50$ you should be buying more and if not then you didn’t have conviction to begin with
for someone who is employed and Doing Investing, Don’t time the market or don’t do Intraday
is there High Valuation? sure but are there Reasonable valuation (15-20% Cash Yield on TTM) Yes Of course
You’ll Find everything in a market, I like to tweak the Quote of Warren Buffet → When others are fearfull be Cautiously Greedy and when others are Greedy be extra Cautious
We don’t know what will be the correction or when the same will be but putting 100% Cash on table and waiting is also type of Gamble
Personally for me I prefer 15 – 20% Cash + FD (short term) both have risen from systematic selling from steep rise in some of stocks and slowly deploying those Cash first and then FD

Which is it? Not mentioning name of company makes the whole exercise and message futile…

Latest Update:

• Open Offer for 26% at Rs.578
• Existing Promoter Company is getting bought out by PE firm. The aggregate price paid for holding company comes out to Rs.515/share of Agrotech
• In Open Offer document they say – “The Equity Shares of the Target Company are not “frequently traded” within the provisions of Regulation 2(1)(j) of the SEBI (SAST) Regulations”.

Overall not good for non promoter, since there is no favorable exit price. Is the price incorrect? Maybe experts can weigh in on this.

Open offers take time to complete, and think this one might have some twists and turns

Link – Open Offer Announcement