“The Rs 3,200-crore debt that is seen on 30th June 2022 balance sheet, would be reduced by Rs 900 crore once the entire rights issue call money has been made available to the company and that is in addition to the scheduled repayments which are ongoing from the operational cash flows of the company. As we approach the March 2023 balance sheet, it will be a much healthier, more linear balance sheet."
