What happens after Mr Soota, passes. It is a tough and sad question to ask but very important regarding the future aspects of the company. What happens to 40% if it goes to a trust. There aren’t many promoter less companies that we know of that work well in India. In Us it is common practice but here without a promoter it is generally like a ship without a captain. Except L&T I do not know of any spectacular successes. Any appointed successors, anything that anybody knows about this.
I love the company’s profile, business model, it being ambitious and almost comparing itself to Globant etc, but for a long term investment (8-10 years holding period), we need to know about the future leadership of the company.

Effective 1st October,2024, India shifts to a new EV subsidy Scheme PM E-Drive

https://www.financialexpress.com/auto/news/india-shifts-to-pm-e-drive-all-you-need-to-know/3627849/

Disclaimer: Biased view as I hold this stock.

Hi All. Don’t see much traction here since 2022. Looking at India’s SIP trend, equity culture growth & financialization of savings, I think all these players should do really well over the next 10-15 years. Geojit has a high integrity management. They look hungry for growth now (by their last few concalls & execution). The only point is, it’s not a pure play wealth management/AMC business. So there is always going to be regulatory hang like what happened yesterday. We know that this is going to impact brokerages & stock exchanges the most. But in case of diversified financial services businesses like Motilal Oswal or Geojit, how can we asses the impact of the regulations on the terminal value? Geojit is now 45% revenue coming out of broking. Over the period of time I think it should be substantially lower than this. But in the meantime, how to think about broking part of the business? Wealth side is sticker revenue as it’s fee based.

From where do we get this info? Govt sites are not that easy to get info.