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Agarwal and his wife are the only real shareholders of the Company, and that they had pledged their assets of Anandam for your mortgage of INR 25 million for their company and because of problems in procuring financial loan Agarwal has also offered collateral security of his home.
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Agarwal has no individual knowledge of how to deal with the monetary dynamics with the enterprise and that is also certainly one of the reasons for funding concerns. Unavailability of resources sales opportunities Anandam toward acquiring low working cash for that regular purchase of raw product; The purchasers have more strain on credit history instead of dollars along with the unfulfilled requirement of latest machinery and insufficient Place in the manufacturing facility.