Sir, I mean, most of my questions on the quarterly results are already answered. I mean, I had two questions on them, I mean, the observations from the annual report, if you could help me understand those . O ne was our deferred consideration for stake sale seems to have gone up. I mean, we have not transferred any new asset, I mean , these are all old assets which were transferred long back. Why would we see any increase in the deferred consideration? I mean , I was under the impression that ideally, they should come down because YATL order was ruled in our favor, s o I thought that money would come to you and which is where the number should ideally come down over a period of time whenever you get to have that money. But the number seems to have gone up. And second thing that I wanted to clarify was, so when I look at the investments part, some of these assets which are with the Private InvIT, we seem to have infused money from our balance sheet. I mean, it's shown as a part of subordinate debt, Rs. 1,600 crores, Rs. 1700 crore Investment, I mean, there are multiple entities. So, I mean, why would you invest directly in these SPVs and subordinate it? Ideally I mean it should have gone to Private InvIT, and Private InvIT should have invested money, right, if there was any requirement, why would we use our balance sheet to do that?
Questions across 1 call
Prem Khurana
Anand Rathi Group