In Q2fy25 results they have declared in Balance sheet 25 crores under loans and advances. Anyone has idea of what this is about? Thanks in advance.
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Till 2024 it is shown under Other LT assets which are nothing but Fixed deposits as per their Annual report schedule 8. This Other LT assets value has moved to LT loans & advances. No BS available the previous quarter.
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Fluidomat investing Rs. 2 Cr in S-Ancial Technologies Private Limited, which is non-promoter entity (As per annoucement). To Develop significant business expansion and
revenue growth opportunities using AI Tools. No other details provided.
It’s like company is investing 2 cr in some unrelated company without getting any share holding etc.?
Disc: No investment
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