Tree house education and accessories ltd. – Potential candidate for improvement in RoE

Hello,
Did anyone attend the AGM? The stock price has been consistently falling ever since the article in Business Standard regarding its receivables. SES seems to think the receivables figure of 42 cr. at the end of FY15 is fishy. Company has already issued a clarification stating that receivables are owing to K-12 services business (B2B model). Would like to know if this was discussed in the AGM and what was the management response to the queries.

Any first hand experience would be really appreciated.

Thanks
Sachit