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A recent red flag against the company - “Company and two of its officials have received summons in connection with FIR No. RC2172022A0001 filed against Mr. H.S. Puri and others by the CBI, under Sections 7, 8, and 12 of the Prevention of Corruption Act, 1988 (as amended in 2018)”
Please say the ‘picture perfect’! The company has an Interest coverage Raio of 2.44 and 88.7% equity is pledged with contingent liabilities of 2872cr.
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