Dear fellow investors,
Wish to inform you that i spoke with an acquaintance who used to work with Talwalkars.
Following are the 2 short notes:
The company’s corporate governance is a question mark. Projects are given to promoters’ relatives to siphon off money. (This can be correlated with an unnaturally high ‘related party transactions’ in the Annual Report FY16)
Mr Atul Gawande is a great manager and is very well respected within the company. Also, he does what he commits.
Discl. Sold my holding 2-3 months back.