@Anmol35007@backwatersiimk Hello Anmol,
I can assure you that the company will take time to recover, but the future from here will be the brightest, as mistakes like this will never be repeated.
The respective stakeholders have communicated essential details regarding this, and they too believe in us.
Papa, I AM SORRY.
I couldn't live up to the company's ideals.
The company on which you spent your whole life building from scratch, and the values you created for the company, were diluted under my watch, and I take complete responsibility for it.
@backwatersiimk#backwaters23
@Nishantm2222@backwatersiimk Hello Nishant,
All the respective stakeholders have received communication from the security team on how we plan to proceed.
I would make it public, too, after the investigation ends, but as of now the confidential information won't be shared.
Thank you for your sincere concern.
@SoniyaHassina@backwatersiimk Hello Soniya,
No, I lived up to the ideals of the company.
But as the MD, I should have ensured that other people live according to the ideals too.
Hence, I have decided to resign after putting the matter to rest.
Thank you for your sincere concern; I highly appreciate it.
@MarchaAaryan Hello Aaryan,
Stepping down reflects me, not anyone else.
The company values won't be allowed to tarnish, and it happened under my watch; hence I take responsibility for it.
Regarding the new leadership, we are building an internal system to ensure this never repeats itself.
@Avi37098204 Hello Avni,
Our genuine interest lies in maintaining Mr Singh's image because it is his values that the company stands on.
My stepping down is my decision, as I should have been more careful during my conduct, and if it had been corrupted, we wouldn't have been where we are today
@charusharmak Hello Charu,
After that, I will step down after ensuring all the responsible persons are put to rest.
And regarding the remedial machinery, all the necessary communication has been sent to the respective stakeholders, and they fully believe in us, and we have their support.
@krrishkoh@backwatersiimk Hello Krrish,
I understand your concern, but we have talked with the investors, and they have complete faith in us.
To quote them, "You have made me more money than any of my other investments. I am with you during these testing times."
I hope you have a clearer picture now.
As soon as this matter ends, all responsible persons will be called and punished.
Then I, Bajaj Singh, will step down as the MD of Kane & Co. as I should have been aware of what is happening in the organization, more importantly, my father's image, which he built over the years.
We have started an internal enquiry regarding who all were involved in this and proper action will be taken against them to restore the confidence of clients and the spirits of partners, younger employees and alums.