Hey, be ready from October 2022, we can’t hold it beyond the end of September 2022, as announced by our Finance Ninja.
Our Ms Cool CFO, in her normal “Dhoni” state of mind, never tends to shock us like this. In response to my “Imran Khan on article 370” kind of expression, she continued, this time there will be a double impact rise in BLACKbox price.
A. By the acute shortage and of semiconductors and storage media, the cost of components used in BLACKbox is over the roof.
B. US Dollar v/s Indian Rupee forwards are at an unprecedented premium and she has already gone shopping for them as the current contract expires on 30 September 2022.
Nevertheless, it is not all bad news. Till 28 Sept 2022, we will hold the old price, for you to claim 40% depreciation and if you want, can pay in 12 no-cost instalments by credit card. Post 28 September 2022 the price of all BLACKbox solutions will increase substantially.
The decision is right only if it is taken at right time.
