A discussion with a senior friend, he says “in India once a stock becomes tainted, very diff to come out… there is no smoke without fire”. “Ek baar stock ko kalank lag gaya fir woh perform karna bahut mushkil hai” very few exceptions where the concerns raised on Corp Gov have turned out to be wrong.
Same is case with Jiya
Disc: Never invested, had studied, raised red flags, fortunately, luck proved me right.