Petronas sold its 14.98% in Cairn India. Sources have indicated that Sesa Goa has picked up nearly 10.4% of that stake. In an interview with CNBC-TV18, PK Mukherjee, MD of Sesa Goa, spoke about this move and their outlook going forward.
Below is the verbatim transcript of the interview. Also watch the accompanying video. Q: Can you confirm whether Sesa Goa has picked up 11% from Petronas?A: Sesa Goa has picked up 10.47%, which are 200 million shares. Q: What price have you bought these shares?
A: We have bought the shares at Rs 331. Q: Is this stake buy an addition to the 20% open offer that
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