cesc ventures name changes to RPSG ventures, why ? ~ Shareholder Awareness Program

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cesc ventures name changes to RPSG ventures, why ?

 

Reason behind: CESC ventures name change to RPSG ventures


  • CESC ventures name change to RPSG ventures


Article published as on Thursday, 31st December, 2020 at 10:00 p.m. 

The postal ballot voting for name change of CESC ventures to RPSG ventures is open from 9th December to 7th January 2021.

 

Now while doing my little bit of background check and research about the promoter Sanjiv goenka I came across an interesting story on how name change of his IPL team  Rising Pune SupergiantS helped his team perform better.

 

Here is the story in short

 

When Chennai Superkings and Rajasthan Royals were banned from IPL for 2 years for match fixing the 2 replacement teams were.... Gujarat lions and Rising Pune supergiantS in 2016 and 2017

The first year of Pune supergiant was not so good after that the team went under a name change...

 

They removed an "S" after the name Rising Pune SupergiantS so the new team name became Rising Pune Supergiant

Now the reason rumoured were that due to some astronomical/numerology reason an extra "S" was removed... And surprisingly this thing worked in their second year of performance the team played the final match, although they lost the finals but their performance improved significantly.

 

Now by connecting the dots maybe for the same reason the name of the company is being changed from CESC ventures to RPSG ventures.

 

Hopefully this name change shall also bring better performance, good fortune and wealth to shareholders of the company.

 

This is just my theory, neither the company nor the management has given any reason behind this name change move. 

 

So here is the link for story (link here )

 

Well let’s see if this name change brings accelerated rate of prosperity to the company and shareholders or not.

 

Note: I am invested and tracking in Cesc ventures limited.

 

Here are some of my previous post of the CESC ventures.

Holding companies article click here

1st article on CESC ventures click here

AGM experience of CESC ventures click here




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