Jupiter Wagons Limited CC-Mar25.pdf · 2025-05-19
Hey, Thanks for the opportunity. So, I just want to understand from you your company's relationship with your European partner, T atravagonka. The question is, I just wanted to understand right now they being largest invested in you, they don't act as a strategic investor, right, they are pretty passive, there is no technology transfer agreement between us , we are not a very big supplier to them right now, plus, being at 19% shareholding, they don't have a representative on our B oard as such. So in future, in context with the Odisha plant, which is coming in, we expect that majority or good part of that revenue would come from the exports to them. Just wanted to understand we don't have a formal agreement to that as such. Do we think that right now the relationship with them seems to be a very passive investor type. But that to change to a strategic investor when we kind of come up with the Odisha plant in maybe in '27-end. Just wanted to kind of get your understanding on that?
Just a follow up on that. Any particular reason why they don't have a representative on our Board being got 19%, 20% kind of invested in us?