In case, any of the VP friends are attending the AGM of BEPL, could you please ask them about the loans that they are extending.
- Who are they exactly lending it to? That too long term.
- If those are trade partners, why is it not reported under Accounts receivable? Any accounting gimmick?
- if they are pending it to non-trade companies, does it mean they intend to get into lending business like NBFCs? Do we need any licence to carry out such activities and do we hold any of such licences?
Appreciate your support.
Thank you