Q:Last year, company's Chairman said that the company had put Rs.4000 crore worth of assets on the block and was expecting to exit its debt troubles within 2 yrs.
Latest Answer: Good morning everybody!!!!
VRCL holds a 75% share in CWDL, while Befesa, a unit of Spanish energy, transportation and telecommunication conglomerate, Abengoa SA, owns the remaining 25%.
In its annual report for the year ended 31 March 2015, IVRCL noted that both sales were still in the discussion phase and expected to be closed soon.
