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Nov 04, 2024
Professor Kavil Ramachandran, Senior Advisor at the Thomas Schmidheiny Centre for Family Enterprise, Indian School of Business, is quoted in an article titled "Ramco Owners to Restructure Stakes, Erase Cross-Holdings," published in Mint.
"The group has to fortify its structure considering the competitive landscape, and for that, this removal of cross-holding is important. Also, if the group considers any exit plans in the future, they need to clear the ground, especially for a family-oriented business. Streamlining promoter holdings may not only attract new investors but also enhance their brand or image as a group," says Professor Ramachandran.