Engineers India Limited CC-Dec23.pdf · 2024-02-02
Thank you for the opportunity. My first question, this is two book keeping questions. This is with respect 2020 and 2021 annual report. I was going through all the con calls, but couldn't find the question to the same. The first one is with respect to the note number 55 of annual report of 2021. It states that out of the investment made by PFS in the past, some issues of securities are defaulted in interest payment and/or principal repayments. The amortized value of probable future principal default is amounting to INR193.7 crores as at 31st March 2021. My question is with respect to the financial year to which this provisioning of default in interest and principal repayment pertains to? Whether it is financial year 2021 or earlier financial years? As the same is not getting captured in the note.
But they were pertaining to previous last 3 years, right, sir?