NMDC Limited CC-Dec24.pdf · 2025-02-10
Namaskar, sir, and thank you for the opportunity. I also missed a lot part of your answer, so we'll take it later from the transcript. Sir, if you could just first explai n to us, note #8 of our result and its implication and note #12. The note #12 which sp eaks about our investment in our subsidiary company, Legacy Iron Ore, what is translating there and what are we exactly eyeing? And for note #8, it's regarding our investment in RNIL to the tune of Rs.1,500 crores for setting up of various facility. So, this is my first question. And second question -
Sir, the note says that the company has entered into a memorandum of understanding with RINL for setting up various facilities. What are we eyeing and this is a 1,500 crores investment that we are going to make upfront and deposits of 90 crores. If you could just elaborate the project? And also the receivables to the tune of 3,000 crores something pending from them also. So, will this be adjusted from that or we will be needing to make fresh investment?