Grasim Industries Limited CC-Sep23.pdf · 2023-11-15
Yes, I think, I just want to thank the team for sharing more granular information about paints, right? Especially, in this call and the last one, right? My question is slightly more long term, right? I think, Grasim as a company serves two functions. First, that it is the holding company of various entities of the Birla Group. And second, it also has operating companies of its own, right? I'm just interested to understand how the management and the Board thinks about capital allocation in the long term because, we have paints that is going on. But in the comments, you mentioned also some other categories like tiles, plyboard, right? Does the management, over time, you have seen also debt increase and now you'r e doing the rights issue. I know that you would not comment on the rights issue right now. But structurally, do you have a view on what kind of, sort of debt to equity you would like this company to be? And what kind of distribution would you like your sha reholders to have, right? From both the operating and the investment verticals of Grasim, the company? Thank you.
Anything you want to comment on distribution? See the meta point I'm asking, right? As management, I hope you guys also realize that Grasim, the company is undervalued, right? And there are certain questions that investors have for the company to really get the valuation that I think you would also feel that it should fairly trade at. And one of those are distribution. Any thoughts on that? Right.