Dear All,
Here is my Take on this stock:
Their deal with Lindsay Goldberg LLC might have fetched around 2400 Crore including debt. Their debt on swiss units were 1400 crore.
So, in that case they should show 1000 Crore on the balance sheet.
But in the balance sheet, their standalone borrowings has gone from 709 crore to 707 crore.
Reserves has increased from -93 to +85. So, this is an increase of 178 Crore. Where is the rest of the money??
Regards,
Chetan Biluve