Hi Aveek,
Trust by now you would have gone through the AR and got your answer.
Price paid for balance 40% is ~1 Cr which seems ok. Also in the last FY ~8 Crores of loan from holding company was paid back by Indoborax infra to Indoborax chemicals which is another positive.
Overall, I see positive developments and good times to come for the company after expansion.
P.S. Invested at CMP
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