My personal opinion, I can try to trust future only if i can trust history.
News can always be recycled for a PR, best to wait for the results & numbers.
There are many examples when management keep coming back with news and encouraging forward looking plans.
D- Exited last year.
Some more ‘gems’ from the rights issue prospectus:
And this one on expansion plans
And discrepancies in audit reports
And 99% of sales are to 2 customers
And action by SEBI
And GST investigation against the Company and promoter
And WTD and CFO have no valid proof of their qualification
And delay in dividend payment and failure to open dividend account
And pending statutory dues
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