Lots of unanswered questions ahead of CG Power AGM
Synopsis
The Murugappa Group's Tube Investments of India which has taken over the company has invested nearly Rs 800 crore to turnaround the scam hit CG Power.
MUMBAI: The annual general meeting of CG Power & Industrial Solution which is scheduled on Monday 19 October is an appropriate moment for minority shareholders to review and reflect on the events that have transpired over the past 5 years. Shareholders should evaluate what the future holds for the company under the incoming new promoter Tube Investments, who will need to steady the ship and nurture an iconic brand and industrial franchise,
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