@Himanshu_nigam Bringing it to correct thread
The MCA webpage shows Rs 322350000.0 as debt
Details shared by company alongwith Q4 result (As AR is not available) shows 3129.75 Lacs
Now coming to recent concall in last week, management shared that balance loan is 17 Cr as of 30th June
If we compile these together, what we see on today is
Loan as per management : 17 Cr (on 30th June)
Loan as per MCA website : 32.23 Cr (even on 2nd Sept)
Loan as per Q4 filling : 31.29 CR
I request your help in understanding it better as I don’t have any background of finance. Say if company had taken a debt of 31.29 Cr on 31-03-2020 (as per Q4 filling) & paid back 14 Cr during Q1 (between 01-04-2020 to 30-06-2020) why does MCA webpage still show 32.23 Cr even on 2nd Sep…
Shall we blame procedural delays at MCA / Bank end for this or there is a gap between facts & management commentary.
Thanks again for your efforts