Kotak Flags Ambiguous Goodwill/accounting Adjustments In Acquisitions By Kaynes Tech | CNBC TV18
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Kotak Flags Ambiguous Goodwill/accounting Adjustments In Acquisitions By Kaynes Tech | CNBC TV18
Big story of the day | Kaynes Tech under pressure | Slips nearly 15% in 2 days -Kotak flags ambiguous goodwill/accounting adjustments in acquisitions -A 22-day increase in cash conversion cycle and high capex leading to negative free cash flow -Co acquired Iskraemeco and Sensonic (54% stake) in FY25 for rs 883 m, recognising a goodwill of rs ...
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