KEI Industries Limited CC-Sep24.pdf · 2024-10-16
Good afternoon sir. Thanks for giving opportunity. Sir just on the QIP front, when we announced this Greenfield capex and at that point of time the requirement was INR2,000 crores. Even at that point of time we were envisaging the increment al working capital requirement of the INR600 crores for the next 2 years. Considering the cash flow which we will be generating, still we will be having that kind of a surplus then what' s the need to raise INR2,000 crores at this point of time because the same situation was there 1 year ago when we announced this Greenfield capex also?
Okay. So out of this INR2,000 crores there will be additional capex requirement for which we are raising this INR2,000 crores like apart from the Sanand, is there a further plan?