The company is debt free and received cash of Rs.490 cr. on sale of A.P.Paper mills. In fact Crisil assessed in 2012 and again in March`13. The value of Rs.246 per share obtained after huge discounting of 25% on surplus cash and 60% discount of market value of land. There was no necessity to obtain
2.12 PM Jul 8th 2014
.on account of sale proceeds of A.P. Paper Mills and surplus land of 69 acres in Pali and 50 acres in Kota. Total value of these surplus alone is more than Rs.300 per share. In addition some considerable disputed amonut may be realised from the sale of A.P.Paper mills. Without the value of surplus land
9.26 PM Jul 7th 2014
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