intmani

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  • in reply to: General Discussion #14298
    intmani
    Registered Boarder

    @rathi_b Thank you so much for the summrisation..
    Did you get a chance to him at the office or is it Virtual discussion???

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    in reply to: Fundamentals and Business Related Activities #9209
    intmani
    Registered Boarder

    Hi @Rahul.
    These is from earning’s call transcript.
    Hope it helps.
    I will answer this, Patrick. So the — we have approval already. It has already been approved. Now what is the stage 2? Based on the information and what we — what they call a note that we put together, they approve it. Once that is approved, stage 2 is they want to verify facts, which is the due diligence process as you are well aware, Patrick. So the due diligence process is on. And parallelly we are doing this, 12 companies under 1, but these are not interconnected. While it is good practice because we’re not just close with this 1 LOC, we want to continue to go forward, so we felt it is a smart thing to do. In fact, if you want to do something going forward, this will be a good option to have. So this and this are independently happening, okay.

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