The promoter in AGM said that the process is in final stages to get the carbon credits.
Nothing else. Considering the fall of Carbon credit prices, I think it won’t help them much.
In an investor meet in 2022, the promoter gave the number of Carbon credits they have applied for and considering the price of Carbon credits at the time of the meet, the total added up to somewhere around 15-18 crores. The prices are at least 70% down from that point.
AGM link: video.wixstatic.com/video/e196d6_9ab69d82ca0e4032a8a24ec47bc8cc5e/1080p/mp4/file.mp4
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