CD overall top line crosses 300 crore first time in 12 quarters though operating revenue is flat, EBITDA of 113 crore, PAT of 39 Crore and turnaround remains a work in progress however results are encouraging and upside will be huge in times ahead. Stress is still there and expecting progress in that in view assets … Extract from reports List of susidiaries with significant invesment by parert overall, so underlying value of assets and net worth both good. Business while considering the
amount invested in the subsidiaries, the Management of the Company has considered the erstwhile shareholding pattern prior to dilution as the Management believes that the change in shareholding is temporary in nature and the shares pledged will be redeemed back by the Company (refer to Note 17 of the Statement). However, these shares have been transferred to such lenders before March 31, 2023. We have been informed that the lenders have not sold any of the shares invoked and consequently have not made any adjustments to the loan outstanding. Accordingly, the Management believes that it is not possible to attribute any sale value to the invoked shares https://www.bseindia.com/xml-data/corpfiling/AttachLive/3fad923c-2208-4819-8f41-2f7bcfdb4485.pdf
| Subscribe To Our Free Newsletter |
