My takeways from Indostar Concall on the transaction:
- Transaction to conclude by Q4 FY 2025 or Q1 FY 2026
- Book Value addition of Rs 70 post transaction
- Proceeds utilization will be decided by management when they are near to receiving money
- ROA/ROE accreditive deal in coming 2-3 years and exact ROA impact will be shared later
- No plan to takeover any other company with this proceeds( 1300 crores+ post Tax-Cash balance)
- Cost of funds will also decrease in coming quarters
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