Permanent Magnets - Business under transformation?

[Gaurav_Agarwal]

Permanent Magnets

@deeann Find enclosed my concern about Hygiene and corporate governance from Annual report FY18: [image] [image] On second point about maangment related to Supreme group, I feel there is no business connection as per my limited understanding. There are no companies which have common directors/ or cross holdings between Promoter of Supreme and Permanent Magnet in my limited understanding. I would suggest you to do more work unless you have understanding about family relations of the promoter…

Hi @dd1474

This is regarding the Borivali land, I quote from your reply “there is no benefit to the minority shareholders despite the land being developed”. Are you sure that land had been developed? Can we see the development on the google maps? I tried to locate it but could not pin-point the location of the land.

If you could share the google location of the land and we see the development at the location. We can always question the management why money has not accrued to the company?

Thanks
Gaurav Agarwal