Tube Investments of India Limited CC-Mar25.pdf
16 May 2025
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Thank you. My first question is for Meyyappan. If you can explain the CCPS impairment provisioning that has been done, what is the reason behind this and how should that change in the next couple of years?
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So just to understand this at 706 Crores share value which is lower than what was anticipated earlier right so should this be read as the fact that as per the shareholders agreement or the CCPS agreement, the actual performance is probably not tracking what was earlier expected. So, fair value has reduced.
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Okay, post merger what would be Tube stake in TICMPL?
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