After giving stressed wind turbine maker Suzlon a fresh dose of equity infusion, Sun Pharma's Dilip Shanghvi seems to have embarked on an investment drive. CNBC-TV18 exclusively learns that Dilip Shanghvi Associates has envisaged interest to buy 47 percent stake held by ENI in Hindustan Oil Exploration Company.
The ENI Group has requested HOEC board to de-classify it as a promoter. ENI Group will not be part of HOEC's future growth strategy. HOEC will seek Sebi nod on de-classification of promoters.
However, HOEC declined to comment and Dilip Shanghvi and company have denied any such talks.
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