Compact Disc India is committed to go ahead with the delisting process, said the chairman and managing director, Suresh Kumar. In an interview on CNBC-TV18, he clarified that the board would be meeting on June 8 to reconsider the delisting proposal.
On June 6, the Debt Recovery Tribunal-II had restrained Compact Disc from delisting due to a recovery suit filed by HSBC. The company has already made part payments, he said, adding,
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