Akash Portfolio

[akash_das]

I exited the position when I found about the governance issue.

Infibeam Avenues - A Fintech Play

I found these incidents of importance while digging for red flags… There was a spat between the management and auditor when the auditor had asked for an investigation over the firm’s merger with CCAvenue and an investigation over a statement on the same. The firm sacked the auditor with allegations of sharing price sensitive information. The auditor said the firm did not maintain proper records of assets. There was a case of insider trading for which Sebi barred three entities from the capital…

@Investor_1

they are reducing the stake QoQ

The reduction is due to ESOPs allocation. This needs to be verified.

@Investor_1

rJio might aquire the company

Some news was there in 2021. Don’t know what happened there.

Infibeam jumps 10 per cent on Reliance Jio stake buy talk