TML will find it tough to achieve the zero net debt target set by Chandrasekaran. Its net automotive debt of ₹40,900 crore at the end of FY21 went up to ₹61,300 crore at the end of the June quarter
This transaction is an important step in our group’s stated objective of becoming debt-free and with this transaction, we will substantially achieve this objective, said Emami Group.
The Mukesh Ambani-led firm gains 9.72% a day after its AGM, while the benchmark Sensex plunges nearly 700 points
