Shriram Transport Finance Corporation held a conference call on Friday post market hours.
The management was trying to explain how the customers or the shareholders of Shriram Transport can gain from access to the banking channel which IDFC Bank has, Santosh Singh, Head of Research India at Haitong Securities told CNBC-TV18.
According to him, the main complication in this merger is how the entire swap with IDFC would work around.
There is also problem of a couple of unlisted companies within Shriram Capital which is going to merge. So the complicated structure will end itself to a lot of uncertainty for the near-term, he said.
This is going to be a very complicated structure, the merger process will take time given so many regulators involved, said Singh.
Watch accompanying video of Santosh Singh, Head of Research India at Haitong Securities highlighting key takeaways.
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