Here’s a challenge. Using the five clues below, identify the company that is being talked about here.
1 While I carry my current corporate name only since 2008, one of my subsidiary still carries the same name under which I got incorporated in the 1920s.
2 Though I am a small-cap stock, I used to be part of all mainstream indices, including Sensex. Despite my current stock price growing 30 times to that of Covid-lows, it is still less than half the price I was trading in 2011 when I got dropped from Sensex
3 Public ownership is more than the cumulative total of promoters, FIIs and DIIs.
4 I have been a dominant player in several businesses that are fancied by investors in recent years. While my annual operating revenues from such businesses are more than twice my market capitalisation, it’s difficult to ascertain the liabilities.
5 I now have an independent board, thanks to regulatory intervention and not due to the high corporate governance intent of the promoter family.
Last week’s stock: Can Fin Homes
Last week’s winner: Sampada Bhat