Thanks Santosh for doing a thorough review of this new PIL and SC remarks which has led to so much instability in Samman Capital.
I have also major investments and have already booked profits in 30 per cent portfolio.
Market is giving many other good opportunities and I am getting tempted to do more liquidation ,
Short Term Tax is my only concern and intend to keep 40 percent of my holding for very long term.
By this my original capital is out and I can peacefully carry on holding this distressed opportunity,
Any major correction in my other opportunities will tempt me to further swap the portfolio as my other holding PNB housing( now topmost) is also in same category.
Uncertainty of legal process, any discovered wrong doing by management( Banga) or issue with IHC investment are major overhangs. Deployment of capital in other Opportunities is key driver for my liquidation process and don’t want to get married to one story( Position is in significant profits facilitating my decision making).