The Vadra model
At the end of FY09, Rs 53 crore lay as investments in the company's books.
Fixed assets swelled from Rs 12.11 lakh to Rs 17.76 crore.
So, Onkareshwar, too, was practising the model found in many Vadra entities, funding long-term assets through short-term loans.
Short-term loans hit a high of Rs 106 crore in FY10, before dropping to Rs 56.83 crore in FY11.