Selling off DP personal holdings to HAYL is a possibility.
But couple of points on HAYL
1) I have not seeing DP selling below Rs 380. ( he has to report) . Also his present stake is 41% to confirm.
2) As the initial speculation implied selling below Rs 380 ( still at a premium as the previous holding was said around at Rs 150) it cannot be understood as long term happening right ( not a decade for sure).
This is why I asked GMnet to confirm we do not want to worry minority holders unduly.
@RIO wrote:@slstock wrote:GMNet,
Secondly, am not sure why he had to make a 2nd personal Mandatory offer again after which he acquired 16% total ( if 25% was at Rs 150) at Rs 380 if he knew he had plans to sell his stake.
Good point Slstock, but that could be a part of the Game...so people think he bought the majority stake @ 380 and at a time when he dispose below 380 ...many will jump & buy it without knowing its DP selling ...also as GMNet said , by selling off his own companies to Hayleys, he may have booked a considerable profit by now...
And Finally What GMNet was told is not an immediate possible, but which could be happen in a future date...may be in a year or two...or even in a Decade...