Stockrabit · Analysts
Questions across 3 calls

Biplab Debbarma

Antique Stock Broking Limited

Aditya Birla Real Estate Limited

Aditya Birla Real Estate Limited CC-Jun25.pdf · 2025-07-24
Good morning, everyone. Sir my first question is on the IFC deal. So, on the recently announced private equity deal involving IFC, sir, it appears that the transaction has been done close to our acquisition cost. I mean, Thane is around Rs. 600 crores and Manjri is around Rs. 300 crores. And if you see, 44% to IFC for Rs. 420 crores translated into some Rs. 950-odd crores. So, it looks like we are doing the deal close to acquisition cost. So, I mean, given that we are on the verge of receiving proceeds from the paper business divestment, what was the urgency or liquidity need to close this pay deal? And what is the strategic rationale? I mean, why did you actually do this deal? And have you received the funds from IFC already or is it still in the process? So, this is my first question, sir.
So, basically, this is not just a short-term divestment for liquidity needs, it's basically a long- term strategy.

Brigade Enterprises Limited

Sobha Limited