I read through the AR – I like the management’s candidness in highlighting issues that they faced last year. the two points that were disconcerting were 
– auditors and registrar/share transfer agents are both karvy
– the consolidated cash flow and stand alone cash flow were the same – I think there was a clerical error here. they should have been marginally different.
otherwise, they had given detailed split of cash, liquid investments etc.
Invested and looking to add more at Rs. 2300 levels
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