New company will be focused on lifestyle space with 18% ROCE going up to 20- 21% over time
You will see more of best governance practices
Management is working towards massive shareholder value unlocking with valuation multiple re-rating
Promoters have imposed faith in the stock via preferential issue
The mission is to create shareholder value - be it via sale of land or developing land on own
The Group's FMCG business has largest selling deodorants in the country and will ultimately be listed for value creation
Disclaimer: The above report is compiled from information available on public platforms. inChat team advises users to check with certified experts before taking any investment decisions.
Found this insight useful?
Please share with your friends and family as well. You can also subscribe to one of our channels listed at the bottom of this page.