@Nexbridgefund@InvestorOfJAMMU Short term gains yes, long-term capital gains (held for more than 24 months) are not taxed at slab rates. They are taxed at the applicable long-term capital gains rate (currently 12.5% for transfers after 23 July 2024, without indexation).
@xvi_harley@AvishkarNagrath The market initially viewed it as an isolated attack on the MD. The selloff started only after police alleged it was a promoter dispute involving an alleged 32 crore financial issue and a bid for control of the company. Governance risk, not business performance, changed sentiment