Always Quote by Chanda Kochhar
“We have always said that over the medium and long term, we will disinvest some part of our holding in our major subsidiary companies, and life insurance is our largest subsidiary company.”
About This Quote
Source Speech: Annual Shareholder Meeting, 2018, Life insurance division
The company plans to reduce holdings in major subsidiaries, especially the large life insurance unit, over medium to long term.
In simple terms: They will sell parts of their biggest subsidiary over time.
Strategically divest to focus on core strengths.
Themes
Mood
Type
When to use this quote
- investment decisions
- budget planning
- risk assessment
- shareholder communications
Key Concepts
Questions to Reflect On
- What are the risks of divesting a major subsidiary?
- How will this affect employee morale?
May signal instability to investors.