Reason behind: 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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