Gallantt Ispat is on the radar now after the company posted a good set of Q3 earnings. In an interview to CNBC-TV18, Mayank Agrawal, CEO of Gallantt Ispat spoke about the results and his outlook for the company.
The Uttar Pradesh government will acquire 13,500 square feet of Gallantt Ispat's plot for metro rail project at Gorakhpur.
In an interview to CNBC-TV18, Mayank Agrawal, CEO of Gallantt Ispat spoke about the results and his outlook for the company.
"We are planning to sell-off both these subsidiaries and we aim at raising about Rs 40 crore of capital through this sale subject to board of directors' approval", Mayank Agrawal, CEO of Gallantt Ispat told CNBC-TV18.
In an interview with CNBC-TV18, Gallant Ispat CEO Mayank Agrawal explained the rationale behind the decision.
Gallantt Ispat has a wide supply chain network that helps cater to bulk order within certain timeframe, said CMD Chandra Prakash Agrawal.
The managing director of Gallant Ispat, CP Agarwal, tells CNBC-TV18 that the government owes them almost Rs 100 crore by way of subsidy.