Thermax Limited CC-Dec23.pdf · 2024-02-13
My question is regarding the disinvestment. I'm still not clear. In the last con call, you said that out of three regions, two of the regions are in advanced phase of disinvestment and that should be done by the month of January and third, you were hopeful that it will take place in the month of March. But what you have said right now is that 50% is being disinvested from the MENA region. So, what is the complete picture out of the disinvestment that we were looking out for, sir?
I am also on the point of view that it is not necessary that since we are doing so great, it shouldn't be a desperation for us to sell the business at a lower –