VTM Smallcap Gem in Textile sector

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Thanks for the above analysis. I ,myself have been following this company due to re-emergence of growth in textile sector. I had a few questions regarding the company

  1. The clientele of the company
  2. It’s CSR section of AR-2020 shows it’s intended CSR transaction Rs700 for the enhance of infrastructure of the Thiagarajar College of Engineering of which Rs 28 lacs have already been appropriated. Isn’t it related to the promoter? And if yes, doesn’t this raise a red flag.