1. Under BIFR scheme, promoters are infusing funds for allotment of Equity shares. Post infusion of funds/BIFR scheme implementation, promoter's stake will rise to 74.41% from existng 16%. It indicates that promoters find deep value in the company (1200 acre land bank, plant to produce Explosives and plant to produce Petrochemical
product). 74.41% stake means enhanced confidence of investors in co's future. At present, some investors may be shying away from buying due to current low promoter stake.
2. NEL has already finalised VRS for its 15 year old entire workforce of 220 workers. When NEL is ready to resume production, it will make fresh recruitment of only 90 workers to run the plant. It will bring down wages cost by more than 60%. Firstly, work force will stand reduced to around 40%. Secondly, monthly wages of fresh recruits
should be lower than those employed for 15 years. Such a move will help NEL to expand its profit margins
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