The resignation comes at a time when closing of the company’s accounts for FY22 has not been completed. In its statement to the SEC, Azure expressed inability to give a timeline for submission of its annual report on ‘Form 20-F’ for the financial year ending March 2022. “The company reiterates that it is working in close consultation with its advisers to close its annual accounts,” it said.
Largecaps look better as smallcaps price in strong growth: Franklin Templeton’s Arihant Jain
Largecap stocks offer a better risk-reward balance than mid- and small-caps as higher growth expectations are already priced into smaller companies, according to Arihant Jain