Bhargav Buddhadev

Good afternoon, sir. Congratulations for a very good set of numbers.

Sir, this 13 acre plant that you are making, you are spending a lot in this plant. You are making a centralized AC, you are making an assembly of 1.5 lakh to 2 lakh square feet. So what is the purpose? Are we targeting to make such a good plant that our historically MSME customer base, we migrate from there and take orders from like institutional defence aerospace. So is this the reason for making such a good plant?

Sir, we can assume that our lease cost will be around INR40 lakhs, INR50 lakhs per year. A nd secondly, this interest rate subsidy, if the bank gives a loan of 8.25%, then its assumption will be that the government will reimburse 7%, so our expenditure will be only 8.25% of the interest.