2. What will be the source to raise this fund considering existing borrowing at 1.2Bn on June 27 which currently translates debt equity ration to 1.1 times
3. Since capex fund requirements are ~1500 Cr what was the need to raise only 100 Cr from promoters entities ?
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Questions to ask management :
1. The company is currently at 90-95% capacity utilisation then why will the capex project be commissioned from FY 2028 ? Are they expecting slow demand in the FY 27 and FY 28 ?