Who am I? Jan 7, 2024 bl-premium-article-image

BL Research Bureau Updated - January 06, 2024 at 07:12 PM.
Identify the company that is being talked about here

1. It’s been precisely 40 years since I gained my current identity — which is an abbreviation of the name I was founded with about 100 years ago.

2. I have more than a million retail outlets and about thousand wholesalers but just 2 manufacturing locations in one State due to legacy issues.

3. I have a six-member board with five non-executive members who collectively get remunerated more than the MD & CEO

4. I am unique in that my single largest shareholder is a passive investor though I am controlled by an MNC.

5. Though I had more than 30 per cent ROE last decade, I distributed most of my profits due to lack of reinvestment opportunities. Hence I had single-digit growth in valuation during the same period.

Send your answers by Wednesday 6 p.m. to who-am-i@thehindu.co.in, with your full name, postal address and phone number. A lucky winner in each week will get a book sponsored by UNIFI Capital as a reward.

Last week’s stock: Ipca Laboratories Ltd

Last week’s winner: Basundhara Gupta

Published on January 6, 2024 13:42

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