Per the latest update to the BSE, the company has said that the receivables have come down to only 27cr (from 63cr earlier).
But what is significant is that they claim that they erroneously told the BSE that the promoter pledged shares were 25,00,000 instead of 2,50,000.
http://www.moneycontrol.com/livefeed_pdf/Dec2015/D1512967_D791_41F7_82E6_7A9A9708D525_091441.pdf
The earlier notification to BSE was:
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