In an interview to CNBC-TV, Amit Sarin, CEO & Director of Anant Raj Industries ensured that there debt plan is totally on track. At present Anant Raj Industries debt stands between 1,150 and 1,200 and they are planning to repay almost Rs 300 crore by Diwali this year.
CNBC-TV18 catches up with the director and chief executive officer of Anant Raj Industries to get the behind-the-scene action as the company launches its township project.
Denying reports of delay in approval for key premium projects, Amit Sarin, chief executive officer, Anant Raj Industries told CNBC-TV18 that the company is fully on track.
Amit Sarin, director and CEO of Anant Raj Industries tells CNBC-TV18 that the company is on track with its targets for FY11. “Debt is at manageable levels, so the company is currently focusing on project execution.”
If the interest rates keep going up, it would be a good boost to our sector, said Amit Sarin, director and chief executive officer of Anant Raj Industries. Sarin also mentioned that the company may pass on the benefit of low land to customers as they managed to buy land at competitive rates.