[Nitin_asce]

Can anybody post the update from AGM.

Nitin_asce

[admin]

AGM was held on September 27 2019. I had not attended but following are the update from known sources.

SKR said LOC will be ready by 2 months and its paper work is done almost 90%. Once LOC is secured it will help to settle the Daum issue and dividend distribution.

He also discussed the debt restructuring plans with SBI, Canara and Axis the details of which I have already shares in other posts.

When asked about AFFLE, SKR said AFFLE is mostly into mobile segment with lesser Global presence than BCG.

Request others to please add if there are other important points which is missed.

• This reply was modified 4 years, 5 months ago by admin.

[Nitin_asce]

Thanks a lot for the update

[VALUEBUYER001]

Thanks for your information

[Author]

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