Jul 23, 2013, 10.57 AM IST
Senior vice president and chief financial officer, AK Vijay told CNBC-TV18 that Kalindee's revival depends on strong technical and financial partner and Texmaco is confident of providing that.
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See no threat from Jupiter for Kalindee stake buy: Texmaco
Senior vice president and chief financial officer, AK Vijay told CNBC-TV18 that Kalindee's revival depends on strong technical and financial partner and Texmaco is confident of providing that.
Like this story, share it with millions of investors on M3
See no threat from Jupiter for Kalindee stake buy: Texmaco
Senior vice president and chief financial officer, AK Vijay told CNBC-TV18 that Kalindee's revival depends on strong technical and financial partner and Texmaco is confident of providing that.
Senior vice president and chief financial officer, AK Vijay told CNBC-TV18 that Kalindee's revival depends on strong technical and financial partner and Texmaco is confident of providing that.
He further said that the company may consider increasing the open offer price if need be, but it is too early to comment on that issue.
Meanwhile, Vijay sees no threat from Jupiter Metal Pvt. Ltd, which also attempted to takeover 30 percent stake in Kalindee Rail by launching a conditional and voluntary open offer.
The rail wagon-maker has bought Kalindee's promoters' 11.74 percent stake .
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