Tata Communications (Tata Comm), which is caught in a dispute with the government over 773 acres of surplus land it received in 2002, said that demerger of the surplus land will go to the government and shareholders.
In an interview with CNBC-TV18's Mitali Mukherjee, Srinivasa Addepalli, senior vice president of corporate strategy at Tata Communications said that the company is waiting for the land to be demerged and disposed of.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!